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According to the trust's half year report to 31 December 2023, this «disappointing year» stands as the «worst in the history of Ruffer», with the investment manager and chair Christopher Russell both noting this fact. Currently trading on a 5.4% discount, according to data from the Association of Investment Companies, the £994m trust is set to pay a 2p per share second interim dividend. Ruffer backs UK bond allocation despite performance drag Explaining the reasons behind the tough year, the managers wrote: «By far the most obvious reason to be bullish was that most investors were ...

Investng.com — The week's inflation watch is nearly over, with key data from the U.S. and Europe due for release later in the session. Wall Street looks set to open lower, but is on track to register gains in February, while the turmoil at the board level of Open AI faces a potential SEC investigation.

₹30 lakhs on civil airline Air India following a 16 February incident of non-availability of a wheelchair to an 80-year-old passenger who collapsed and died after walking from the aircraft to the airport terminal at Mumbai. According to reports, an octogenarian Air India passenger had requested for a wheelchair at the Mumbai airport.

Hockey India CEO Elena Norman has recently filed an affidavit in the Delhi High Court and said, the Inquiry Report on alleged irregularities in Hockey India made various general, vague and omnibus allegations against her, which apart from being over and beyond the mandate of the Inquiry Officer, are also entirely bereft of evidence. The affidavit stated that the Inquiry Report failed to notice that the CEO was never a member of the Finance and Audit Committee or the Tender Purchase Committee. It was also submitted that the various general, vague and omnibus allegations against the Deponent/Elena Norman in the Inquiry Report are entirely sans evidence and made in ignorance of the various sub- Committee Rules of Hockey India (apart from being in violation of principles of natural justice), and thus deserve to eschewed and expunged by this Court.

Bharat Electronics Ltd. dropped 0.46 per cent to Rs 204.75 at 01:54PM (IST) in Thursday's trade. The counter hit a high of Rs 205.6 and low of Rs 199.8 so far during the session. The stock had closed at Rs 205.7 in the previous session. The counter had a total traded volume of 01:54PM shares so far with a turnover of Rs 20.63 crore on BSE. The stock traded at a price-to-earnings multiple of 41.87 and a price-to-book ratio of 5.14.

TADA (Terrorist & Anti-disruptive Activities Act) court in Ajmer today acquitted 1993 serial bomb blasts' main accused Abdul Karim Tunda, more than 30 years after the bomb blasts carried out in five trains across India to coincide with the first anniversary of Babri Masjid demolition in Ayodhya on Dec 6, 1992. «The honourable court has acquitted Abdul Karim Tunda from all the charges. The CBI failed to present any strong evidence against Abdul Karim Tunda,» says Tunda's advocate Shafiktullah Sultani. The TADA court had framed charges against main accused Abdul Karim Tunda and two others — Irfan alias Pappu and Hamiruddin — on Sept 30, 2021, for orchestrating the blasts in Lucknow, Kanpur, Hyderabad, Surat and Mumbai on the intervening night of Dec 5-6, 1993.

Hindustan Times. India is set to lock horns with England in the fifth and last match, starting from 7 March in Dharamsala. "Padikkal will make his debut in Dharamsala.

₹850 from ₹760 earlier, implying an upside of more than 14% from its previous close. Analysts at Kotak Institutional Equities do not see a specific tailwind that can cause a re-rating for SBI shares in the short term. However, they expect SBI to outperform other public sector banks, given the sharp convergence in multiples.

Marathon Digital, a prominent  Bitcoin (BTC)  mining company based in the United States, has seen a remarkable surge in revenue in 2023, leading the company to achieve substantial profitability. 

Authorities in Nigeria have detained two senior Binance executives and confiscated their passports as the country cracks down on crypto exchanges.

Several U.S. accounting giants had greater deficiencies in their audits of public companies’ 2021 financial statements compared to the previous year, according to annual inspection reports released Wednesday by the Public Company Accounting Oversight Board. The regulator, which compiles its findings with a lag, inspected 215 audits conducted by the Big Four accounting firms in the U.S.—Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers—down from 220 a year earlier.

an 8.8% annual compound growth rate in the factory automation market between 2018 and 2025 to hit the USD$368 billion mark. This means processes that once relied entirely on human brawn will be defined by precision no human could easily match. You may be curious as to how automation has moved the needle in terms of manufacturing efficiency.

market, as per an Economic Times report. This potential move would position Reliance against competitors such as Tata's Zudio, Max from Landmark Group, and Shoppers Stop's new value format InTune, it added. The 55-year-old Primark brand, known for its affordably priced clothing and shoes, has been assessing the Indian market for several years and might collaborate with Reliance through a joint venture or licensing agreement, two sources told the paper.

LONDON (Reuters) — The world's top brewer Anheuser-Busch InBev on Thursday beat fourth-quarter sales estimates and raised its annual dividend by 9%, a move likely to cheer investors hungry for returns after years of focus on debt reduction.

Post Office Monthly Income Scheme (POMIS). Under the POMIS, the investor will get interest payments every month. The interest rate for this program is revised by the government every quarter. According to news reports, as of early February, collection from POMIS rose to nearly Rs 20,000 crore against Rs 5,000 crore in FY23. Here is a look at important features of the Post Office Monthly Income Scheme as per the India Post website.

MphasiS Ltd. gained 0.19 per cent to Rs 2644.6 at 11:31AM (IST) in Thursday's trade. The scrip has hit a high of Rs 2651.1 and low of Rs 2611.35 so far during the session. The stock had closed at Rs 2639.55 in the previous session. The counter has had a total traded volume of 2454 shares so far with a value of Rs 0.65 crore on the NSE. It traded at a price-to-earnings multiple of 31.9 and a price-to-book ratio of 4.27.

Congress MLAs who cross-voted for the Bharatiya Janata Party in the recently held Rajya Sabha elections in Himachal Pradesh have been disqualified under the anti-defection law on Thursday. «Six MLAs, who contested on Congress symbol, attracted provisions of anti-defection law against themselves...I declare that the six people cease to be members of the Himachal Pradesh Assembly with immediate effect,» said Himachal Pradesh Assembly Speaker Kuldeep Singh Pathania. Petition for action was filed by Congress MLA and Parliamentary Affairs Minister Harsh Wardhan Chauhan under the anti-defection law for disqualification of the six MLAs.

IndiGo on Wednesday announced new domestic route additions to its flight network. The latest routes will be functional from March 31, 2024. The airline will be operating direct flights between Ahmedabad-Rajkot, Ahmedabad-Aurangabad, Bhopal-Lucknow, Indore-Varanasi. The airline has also announced direct flights between Kolkata-Srinagar and Kolkata-Jammu from April 10, 2024 and April 21, 2024, respectively. Flights between Kolkata and Jammu via Srinagar are also set to begin from April 10, 2024.

Kotak Mahindra Bank, including three managers, have been arrested in connection with cyber fraud, as per Gurugram Police, PTI reported. The arrested suspects have been identified as Mohit Rathi (25) from Haryana, Mahesh Kumar (27) from Gurugram, Vishwkarma Maurya (26) from Uttar Pradesh, and Hayat (23) from Haryana’s Nuh, as per the report. Rathi was an assistant manager at Kotak Mahindra Bank's MG Road Branch, while Maurya and Kumar were deputy managers.

H1B visa process, clearing 'green card' backlog and will ‘continue working toward upgrading country's legal immigration system,’ the White House informed. Karine Jean-Pierre, White House Press Secretary, told reporters, “One of the steps, if we look at the H1B visa process, we have taken action to improve that and the process and backlog for lawful permanent residents (green card) who are eligible to become US citizens" The comment comes in the context that a section of Indian Americans feels that President Joe Biden is not putting as much effort into addressing the woes of legal immigrants as he is doing for illegal immigrants.

ANI reported. The accident occurred on Wednesday night at the Badjhar ghat. The accident occurred when the victims were returning to Amhai Devri from Masurghugri village in the district's Shahpura block after attending a programme, said Sub Divisional Officer of Police Mukesh Avindra as reported by PTI.