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Sebi conducted search and seizure operations in a suspected case of front-running, Quant Mutual Fund said it is cooperating with the regulator and remains committed to delivering superior risk-adjusted returns. «Recently, quant Mutual Fund has received inquiries from SEBI, and we want to address any concerns you may have regarding this matter. We want to assure you that Quant Mutual Fund is a regulated entity, and we are always fully committed to cooperate with the regulator throughout any review. We will provide all necessary support and continue to furnish data to SEBI on a regular and as-needed basis,» Quant said in a note to clients. While reiterating that its primary goal of delivering superior risk-adjusted returns to investors remains unchanged, the AMC said, «We appreciate the confidence, faith, and strength of 80 lacs plus folios and 93,000 AUM and we believe that the same support will continue as quant’s research capabilities and analytical tools will keep our investors ahead in the curve and we remain committed to delivering superior risk-adjusted returns in the future too.»

A top South Korean economic think tank has poured cold water on the idea of Seoul approving a Bitcoin (BTC) or Ethereum (ETH) spot exchange-traded fund (ETF).

Rio de Janeiro is famous for its beaches and vibrant parties in the Southern Hemisphere’s summer

Researchers are exploring multiple uses for wind parks far out at sea, such as producing fresh seafood

A new study finds the popular obesity drug Zepbound may help treat sleep apnea, a dangerous disorder in which people struggle to breathe during sleep

Amit Shah on Sunday said at least 50 large ponds should be created in the northeast to divert water of the Brahmaputra to help tackle floods and develop agriculture, irrigation and tourism. Chairing a review meeting on preparedness for flood management during the monsoon, Shah also emphasised on optimum use of satellite imagery provided by the Indian Space Research Organisation (ISRO) for flood and water management. He also took stock of the preparations to deal with Glacial Lake Outburst Flood (GLOF). Shah said efforts should be made to upgrade the forecast system of water level of rivers for better flood management.

will take cues from trading activity of foreign investors and global trends this week with benchmark equity indices likely to face volatility amid the scheduled monthly derivatives expiry, analysts said. Moreover, factors such as the progress of monsoon and Brent crude oil would also dictate investors' sentiment during the week. «This week, sector-specific movements are anticipated amid budget-related buzz. Key factors to watch include the progress of monsoon, which will be closely monitored for its near-term impact on investors' confidence.

trade agreement (FTA) moving forward between India and Korea, the department of commerce is engaging with different ministries, including heavy industries, steel, and chemicals, to prepare the offer list, an official said. Preparation of the list is part of the negotiations, which are underway, for the upgrade of the existing FTA between the two countries, dubbed as comprehensive economic partnership agreement (CEPA). The agreement was operationalised in January 2010. So far, 10 rounds of talks have been concluded. The official said both sides have exchanged the request list and «are working on the offer list» and for that the commerce ministry is holding discussions with different ministries, including steel, heavy industries, textiles, chemicals and petrochemicals.

Exit polls is a loss-making business and the only profit a pollster earns is visibility, Axis My India chief Pradeep Gupta has said. Gupta was considered to be the poster boy of exit polls till June 4, when the Lok Sabha poll results dealt a hammer blow to the reputation of pollsters after their predictions proved to be wide off the mark. «Exit polls are a loss-making venture because no media house will pay as much money as that invested on the ground… the only profit that we make in exit polls is that we get visibility which we do not get while doing market research for corporate clients,» he said. In an interaction with PTI editors at the agency's headquarters, Gupta said 70 per cent of his clientele is corporate clients and that is where the main revenue comes from.

US - S&P 500 SPX 212415DAX 12209Nifty50 20208UKX 1247KOSPI 10196INDU 18144CAC 13172SHCOMP 11-41The risk of underperformance has diminished following the formation of a stable coalition, and FII inflows have improved this month. However, it is premature to be optimistic, as global sentiment remains mixed due to high inflation and interest rates. Moreover, the economy is expected to slow slightly in CY25, and valuations remain high.The outlook for the domestic stock market & economy is stable.

Investing.com — Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week.

Parkinson's disease can be diagnosed as many as seven years before the emergence of symptoms, thanks to artificial intelligence (AI) blood test, as per a report on Fox News. A groundbreaking diagnostic tool has been developed by a team of researchers from University College London and the University Medical Center Goettingen in Germany, leveraging the capabilities of artificial intelligence to achieve unprecedented accuracy and efficiency in medical testing.

research. Besides grades, extra-curricular activities, and self-studying online courses from reputed institutions, doing research while in school is vital for getting admission in top universities abroad, various study abroad experts said. Piyush Kumar, regional director, South Asia and Mauritius, at IDP Education, said Ivy League institutions seek students who go the extra mile by engaging in «super curricular» activities like entrepreneurship ventures, startups, small businesses and writing research papers.

NTA Director General Subodh Kumar Singh was removed from his position on Saturday and placed on «compulsory wait» in the Department of Personnel and Training (DoPT). India Trade Promotion Organisation Chairman and MD Pradeep Singh Kharola has been assigned the additional charge of NTA DG. This move comes amidst a growing controversy over alleged irregularities in the conduct of exams.

Winners of six critical mineral blocks under the first round of auctions will be announced on Monday. The preferred bidder for the hotly contested Katghora block will be among those being unveiled, making it India’s first lithium and rare earth element (REE) mine. This bid round was launched on November 23 last year with 20 mines. But auctions for 14 of these blocks was annulled citing tepid response. Another 18 blocks were to be auctioned in the second round but bids for 14 have been scrapped due to the poor response. According to officials aware of the first round of bids, blocks holding phosphorite and fertiliser minerals have got 5-6 bids per mine. The lithium block in Chhattisgarh has got more than 10 bids while graphite mines have 4-5 bidders per block.

made-in-India weapon systems, the Indian Navy is set to place an order for four Tapas drones built in India by the DRDO. The Indian Navy intends to use the drones developed by Defence Research and Development Organisation for surveillance over the maritime zone. «The Indian Navy is going to order four Tapas drones and it is going to use them for maritime surveillance operations,» defence officials told ANI.

climate change on Earth and provides a glimpse into its past. The journal 'Science Advances' published their findings on June 5, 2024.

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Succession planning is crucial for strategic business management and remains a top priority for boards, alongside fundraising and maintaining balance sheet health, says Ishwa Consulting “Our research indicates that companies with robust succession plans outperform their peers by 20% in revenue growth and shareholder returns. However, promoter-driven companies continue to lag behind. In 2024, 27% of promoter-driven companies have formal CEO succession plans, up from just 9% a decade ago,” it adds.

Russia has sent so many men to join its war in Ukraine that crime levels in the country fell soon after the invasion began. Now their return is starting to unleash a wave of offending. Crimes committed by servicemen that aren’t linked to the war increased by more than 20% last year, according to data from Russia’s Supreme Court. While the overall numbers are still small and many returning servicemembers don’t go onto commit offenses, there was a jump in cases of violent crimes as well as thefts and drug-related transgressions. The figures exclude crimes involving tens of thousands of convicts released from jail to join the war under a program set up by the late Wagner mercenary group leader Yevgeny Prigozhin. Those who survived six months at the front were able to gain a pardon from President Vladimir Putin and return to Russia as free men.

central government will be able to take control of any telecommunications services or networks in times of emergency after the implementation of the Telecommunications Act 2023, which will be effective on June 26. The Centre, though partially, notified the Telecommunications Act on Friday to be effective from June 26, and provisions including sections 1, 2, 10, and 30 will be in place. «The Central government hereby appoints the 26th day of June 2024, as the date on which the provisions of sections 1, 2, 10 to 30, 42 to 44, 46, 47, 50 to 58, 61 and 62 of the said Act shall come into force,» the Gazette notification said.