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SEBI) prepares to introduce MF-Lite regulations for passive funds, it's important to understand what MF-Lite is and what investors should know about this emerging asset class. Sebi in a consultation paper has proposed a regulatory framework in the Mutual Funds (MF) segment viz, “the MF Lite Regulations” for the passively managed MF schemes. This proposed regulation intends to reduce the compliance requirement, foster innovation, encourage competition and promote ease of entry for the MFs interested in launching only passive schemes. “We had a very detailed consultation on that and if as a part of that you feel that there needs to be relaxation in terms of how to do distribution of those kind of passive funds. We are open to any kind of suggestions so that we can facilitate growth of these funds across the country,” Buch said at an industry event.

Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.

the Democratic Party is raising its voice about the potential undercounting of the support of Republican Presidential candidate Donald Trump in the polls. It goes beyond a mere reflection of political rivalry as it gets developed from a broader aspect about the authenticity of polling data and thus, it is crucial as it shapes the strategies of the campaign and the outreach effort of the voters, reported The Guardian.

cancer therapy developer Bicara Therapeutics became a publicly listed company after getting listed on Nasdaq on Wednesday. The Boston-based company is a clinical-stage biopharmaceutical company for bifunctional therapies for patients with solid tumors. Claire Mazumdar, chief executive of Bicara, said the company now has the capital and resources for its clinical studies following the initial public offering (IPO).

Siddaramaiah on Thursday kicked off work on the ambitious (knowledge, wellness & innovation) KWIN City project which is coming up on a vast area of 5800 acres near Dobbespet in Bengaluru Rural district. The project rests on the four pillars of knowledge, health, innovation and research “Our vision for KWIN City is to create a world-class ecosystem that fosters collaboration, innovation, and excellence in diverse fields. By bringing together leading institutions, research centers, and industry partners, we aim to drive cutting-edge research, develop groundbreaking technologies, and create solutions that address global challenges,” Chief Minister Siddaramaiah said, launching the project. Today, Karnataka is home to 45 of India’s unicorns, and over 50% of India’s unicorn valuation. Today, Bangalore is home to 17,000 plus angel investors and 1,500 plus VC funds. This remarkable growth has been fueled by our state's commitment to fostering innovation, nurturing talent, and creating an ecosystem that supports entrepreneurship, he added. “Building on this legacy of innovation, we are proud to introduce KWIN City, a one-of-a-kind project that will integrate knowledge, healthcare, innovation, and research at its core. “

₹130 crore, which were developed domestically as part of the National Supercomputing Mission. These advanced systems have been deployed in Pune, Delhi, and Kolkata to support cutting-edge scientific research.During the launch event, Prime Minister Modi stated, "This is a significant day for India in the realms of science, technology, and research. India is placing a strong emphasis on science and technology.

Tanzeel Akhtar has been covering the cryptocurrency and blockchain sector since 2015. She has written for the Wall Street Journal, Bloomberg, CoinDesk and Bitcoin Magazine.

Subscribe to enjoy similar stories. As India’s economy grows, the banking sector faces a pressing question: is the sluggish growth in Current Accounts & Savings Accounts (CASA) and deposits just a temporary dip, or the beginning of a deeper, long-term trend? With the country’s credit demand rising, the slowdown raises red flags for profitability and financial stability. Read this | If deposits are stuttering, how will banks manage the credit boom? Understanding the reasons behind this shift and implementing systemic measures to reverse the trend is crucial for the banking sector’s future.

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At Paris Fashion Week, Nicolas Di Felice’s latest offering for Courrèges took the audience into a futuristic, space-age world, with models circling a black abyss inside the Carreau du Temple in Paris’ Marais

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Nothing OS 3.0 update, keen-eyed viewers spotted an intriguing detail at the 6:54 mark. A brief shot of the Settings menu prominently displays the text "Finish setting up Phone (3)," confirming the moniker and offering a subtle nod to the unreleased handset (first spotted by Gadgets 360).The glimpse also provides a few design clues.

lower tariffs and harmonisation of local norms to boost the trade between the two major global economies. Addressing a session on agro-processing at the 21st Indo-US Economic Summit organised by the Indo-American Chamber of Commerce (IACC), ITC Ltd's Agri-Business Division Vice President of Value Added Products Sanjeev Bisht identified key concerns, including recent Red Sea-related supply chain disruptions, the absence of a free trade agreement, and local quality norms. «If we want to increase exports, we need to understand the quality concerns of that country,» Bisht said, stressing the importance of harmonising standards between India and the US. Bisht also emphasised the need for sustainability and technology integration to boost productivity while reducing ecological impact. He suggested that combining innovations in artificial intelligence with agriculture could open new avenues for growth, an official statement said.

corporate travel sector is estimated to grow at 10.1 per cent CAGR to USD 20.8 billion by FY30, driven by tech-enabled, personalised and sustainable solutions, according to a report. Deloitte's report — Exploring India's Corporate Travel Market: Understanding Market Dynamics, TMCs, and User Preferences — is based on interviews of over 45 travel managers and a survey of over 160 corporate travellers from diverse industries and organisations of varying sizes. Entering a transformative phase, betting on new ways of working and technological disruption, India's corporate travel sector is valued at over USD 10.6 billion and is projected to grow at 10.1 per cent CAGR and double to USD 20.8 billion by FY30, the report said. As businesses recalibrate their travel strategies with hybrid work models after the pandemic, India's corporate travel sector underlines the critical role of travel management companies (TMCs) in steering the industry into a new era of innovation, cost efficiency and sustainability, it added.

cryptocurrency, while Bitcoin continues to dominate headlines, several other sectors are emerging as potential game-changers. Anush Jafer, a research expert at Mudrex, explored these promising areas during the ETMarkets live stream, shedding light on innovative projects that could shape the future of the crypto ecosystem. Focus on Layer 2 Solutions Jafer emphasized the growing importance of Layer 2 solutions, particularly in enhancing transaction speeds and reducing costs. These technologies are vital for scaling blockchains, enabling them to handle a higher volume of transactions without sacrificing security. Projects like Optimism and Arbitrum are leading the charge, allowing Ethereum to scale efficiently, making it more attractive for developers and users alike.

Digital payments startup Cashfree Payments has appointed Nitin Pulyani as the head of product and a senior vice president in the company. Pulyani was with fintech startups like PhonePe and Jupiter in his previous roles. Prior to that he worked at companies like Ola, NeoGrowth, and TaxiForSure. He is an alumnus of the Indian School of Business and Institute of Technology (Banaras Hindu University), Varanasi. This appointment follows the recent hiring ofHarsh Gupta as Cashfree’s chief revenue officer.

Subscribe to enjoy similar stories. In the world of alternative proteins, August was a month of milestones. India’s government approved the Biotechnology for Economy, Environment and Employment (Bioe3) Policy, with manufacture of “smart proteins" as a key focus area.

single-use plastics were banned on July 1, 2022. However, India used several more types of single-use plastic items. The Plastic Waste Makers Index 2019 ranks India as the thirteenth-largest investor in single-use plastic polymer production across the world. A section of experts and stakeholders say that the ban is not being uniformly enforced and these materials are being used for primary packaging across sectors. Vaibhav Anant, Founder & CEO of Bengaluru-based sustainable packaging solutions provider Bambrew, says that the primary reason single-use plastics are still being utilised for packaging across industries is a deep-rooted and widespread belief that there are no commercially viable alternatives. “All of this is a misconception,” adds Anant.

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