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On 28 June, the Securities and Exchange Board of India (SEBI) proposed a new measure to improve transparency in mutual fund performance: the mandatory disclosure of risk-adjusted returns using the information ratio. While this aims to provide investors with a clearer picture of fund performance, some experts are concerned it might lead to information overload for retail investors.

₹1,999), portable Bluetooth speakers (JBL has a neat range starting at ₹2,999, for instance), noise-cancelling headphones (Apple AirPods Max at ₹59,900, Sony WH-1000XM5 at ₹29,990, et al), and more. There are many more innovative gadgets that can improve your overall travel experience, during your commute and stay. Think of them as extra toppings on your travel pie.

Tianjin University in China has been developing a new form of robot that has been embedded with human brain cells, which makes it work and operate like a human. In order to obtain a brain-like result outside the human body, which could then be used to embed into this robot structure, a stem cultivation methodology was adapted to create the brain-inside-chip form and embed it into the robotic system.

Joe Biden on Friday asserted that he is the presidential nominee of the Democratic party, he is in the race and will win the election again as he sought to clear all the doubts about the future of his candidacy for the November 5 elections. Over the past week, there has been speculation about him leaving the race, with increasing voices inside the party calling for his departure following his poor debate performance in Atlanta last week. On Friday, Biden sought to clear all such doubts. «We had a little debate last week. Can't say it was my best performance. But ever since then, there's been a lot of speculation. What's Joe going to do? Is he going to stay in the race? Is he going to drop out? What's he going to do? Well, here's my answer. I am running and going to win again,» Biden told his cheering supporters in the battle ground State of Wisconsin. «I am the sitting President of the United States of America, no small part because of you. That's not a joke. In 2020, you came through for me. I'm the nominee of the Democratic Party. I'm the nominee of this party because millions of Democrats like you just voted for me in primaries all across America. You voted for me to be your nominee. No one else. You, the votes. The voters did that,» he said during the rally.

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June-quarter deliveries likely fell 6%, the first time the top EV maker is set to post two straight quarters of decline, as it deals with stiff competition in China and slow demand due to a lack of affordable new models. The company is expected to deliver 438,019 vehicles for the April to June period, according to an average estimate based on forecasts from 12 analysts polled by LSEG, seven of whom slashed their expectations in the past three months. The EV maker is expected to announce the results on Tuesday. Tesla has hit a speed bump after years of rapid growth that helped make it the world's most valuable automaker. It warned in January that deliveries growth in 2024 would be «notably lower» as a boost from months-long price cuts wanes.

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The sector has broken several records in 2024 alone, the firm noted, with investors pouring cash into North American equities to tap into the tech rally started at the end of 2023, recording £7.8bn inflows in the first six months of the year. Equity funds inflows soar fivefold during ISA season Investors turned to global funds instead in June, resulting in net inflows of over £1.3bn, followed by European equities (£714m) and emerging markets (£269m), after two consecutive months of net selling for EM strategies. The loss of interest in North American equities also impacted ESG fund...

US Presidential Debate in Atlanta on June 27 has done little to pacify his supporters and the entire nation about his confidence towards leading the nation. Before him, during the US Presidential Debate, stood a formidable opponent, former US President Donald Trump, who left no stones unturned in attacking the current regime led by President Biden. Meanwhile, Biden was seen to fumble on various occasions, and was in a very tough spot when cornered by Trump on multiple issues.

Joe Biden's politically devastating performance on the debate stage in Atlanta, several current and former officials and others who encountered him behind closed doors noticed that he increasingly appeared confused or listless, or would lose the thread of conversations. Like many people his age, Biden, 81, has long experienced instances in which he mangled a sentence, forgot a name or mixed up a few facts, even though he could be sharp and engaged most of the time. But in interviews, people in the room with him more recently said that the lapses seemed to be growing more frequent, more pronounced and more worrisome. The uncomfortable occurrences were not predictable, but seemed more likely when he was in a large crowd or tired after a particularly bruising schedule. In the 23 days leading up to the debate against former President Donald Trump, Biden jetted across the Atlantic Ocean twice for meetings with foreign leaders and then flew from Italy to California for a splashy fundraiser, maintaining a grueling pace that exhausted even much younger aides.

valuations in the Indian equity market, there are expectations of subdued returns in the second half of 2024, with increased volatility and only marginal gains likely by the end of the year,” says Vikaas M Sachdeva, Managing Director, Sundaram Alternates. In an interview with ETMarkets, Sachdeva said: “The earnings expectations for the markets for Nifty stocks and for the top 100 stocks are around 15%, but around 20-25% for midcaps. The problem is there is so much euphoria right now that if you fall short of these numbers, you are going to see a pullback happening,” Edited excerpts:

dollar hit a near 38-year high to the yen on Tuesday following a surge in Treasury yields as investors contemplated prospects of a second Donald Trump presidency. Japan's weak currency helped lift the Nikkei above the psychological 40,000 mark for the first time in three months, making the index an outlier as many other regional stock markets struggled.

Michelle Obama not interested in throwing her hat into the ring in the 2024 US Presidential Election? Does she not care for the Democratic Party, which is in deep crisis and divided over the issue of the nominee for the November 5 election? Keeping herself away from the chaos and mayhem into which the party has found itself after the June 27 presidential debate, the former first lady was seen enjoying herself at a party in Mallorca. According to 'New York Post', Michelle was spotted chilling, relaxing, sipping water and talking to ex-Google CEO Eric Schmidt and other guests at a party at the villa of James Costos, former President Barack Obama’s onetime ambassador to Spain and Andorra. Back home, many Democrat lawmakers wrote to Joe Biden to step aside after his dismal performance at the debate where he fumbled, struggled to find words and failed to hit back at Republican contender Donald Trump.

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The DSP TIGER Fund was a standout performer in 2007, drawing huge inflows. Infrastructure saw a massive rally from 2003 to 2007, and the DSP TIGER Fund, launched in June 2004, capitalized on this trend.

Joe Biden's dismal performance in the June 27 presidential debate and the damage has been done. Republican contender Donald Trump is gaining ground in key swing states and may threaten to take states once considered to be safe for Democrats, despite Biden's resolve to stay in the contest and beat the former president once again. According to 'Cook Political Report', Biden's base has further eroded and he is losing the survey polls post-debate. Its Editor-in-Chief Amy Walter wrote in an article that the post-debate polling would further move Minnesota, New Hampshire and Nebraska’s 2nd Congressional District from “Likely Democratic” to “Lean Democratic.” It also moved Nevada, Arizona and Georgia from “Tossup” to “Lean Republican.”

companies in India are tapping the talent pool of ex-service personnel as they embark upon the next phase of growth. Reliance Industries hired nearly 2,000 ex-service personnel in FY24, up by a third in one year. At 7,500, it employs the largest number of former defence forces personnel in any Indian company. According to industry sources, several Tata Group companies, automakers such as Maruti Suzuki, and others like the Adani Group, RPG Group, Vedanta, Sodexo and state-run ONGC hire ex-service personnel.

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Pakistan government's efforts to reform its public sector enterprises (PSEs) have been marred by persistent challenges, as highlighted by recent fiscal data and international funding initiatives, Dawn reported. Despite a substantial loan from the Asian Development Bank (ADB) aimed at bolstering reforms, the cumulative debt of PSEs has soared to PKR 1.7 trillion, with an additional borrowing exceeding Rs 43 billion in the fiscal year 2024. Economic priorities underscore the urgency of privatising PSEs to alleviate the strain on the national budget, a crucial step also mandated for securing future loans from the International Monetary Fund (IMF). The allocation for PSEs in the 2024-25 budget saw a dramatic increase, reaching PKR 1.267 trillion, largely earmarked for subsidies and grants, marking a 104 per cent surge from the previous fiscal year.

Indian Railways, a behemoth in the railway industry. What about monopoly in stock exchanges? Well, the BSE competes directly with the National Stock Exchange (NSE). So, there is no monopoly there.

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