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startups to foster growth and achieve sustainability. Traditionally, equity financing has been the go-to option for many young businesses. However, amid a significant dip in equity fundraising, they are now turning to debt financing as a viable alternative to fuel their growth.

A new study shows a surge in interest in crypto among New Zealanders, with nearly half of them looking to crypto to build wealth instead of real estate. The research, conducted by Protocol Theory and Easy Crypto, suggests many Kiwis are turning to crypto due to frustrations with traditional financial systems.

mutual funds have turned a monthly SIP investment of Rs 40,000 into Rs 1 crore in the last 10 years, data crunching by ETMutualFunds showed. Around 23 large cap funds have completed 10 years of existence in the market.

Prime Video has now teased the release date, but with a unique twist that has fans buzzing with excitement. They have shared a caricature poster of 'Mirzapur 3', featuring the show's main characters, including Pankaj Tripathi, Ali Fazal, Divyendu, Kulbhushan Kharbanda, Shweta Tripathi Sharma, Harshita Gaur, and Vijay Verma.

Motilal Oswal Financial Services Ltd, suggests that the market will remain volatile but with an upward trend, fueled by revived hopes of a US Federal Reserve rate cut in September and the allocation of key cabinet portfolios in the new Indian government. (Read the full story here.)Sensex Today Live : Indian markets were likely to be weighed down by the muted sentiment flowing from global peers as hopes of a sooner rate cut by the US Federal Reserve faded on the back of better-than-expected labour market data in the US.Notwithstanding the boost in sentiment from the formation of a new Union government in India, Gift Nifty futures was trading at 23,310, marginally ahead of Friday's Nifty 50 close of 23,290, indicating a muted to positive opening for India on Monday.Asian stocks sank on Monday as traders heavily pared back on bets for Federal Reserve rate cuts this year given a still-tight U.S.

Oil prices nudged lower for a second straight session on Monday, weighed down by a firmer dollar as expectations of interest rate cuts were pushed out further following strong U.S. jobs data on Friday. Brent crude futures and U.S. West Texas Intermediate crude futures slipped 4 cents to $79.58 and $75.49 a barrel, respectively, by 0036 GMT.

technical charts and options data hint at a bullish setup. According to technical analysts, Nifty is expected to continue its upward trajectory towards 23,560, followed by 23,890, with immediate support at 23,000. Analysts suggest Tata Motors, UltraTech Cement, Sun Pharma, McDowell, UBL, ITC, Marico, HUL, Tata Consumer, and Lupin for short-term trading.

euro fell on Monday as the French President Emmanuel Macron called a shock election after being trounced in the European Union vote by the far-right, while the dollar was steady ahead of the Federal Reserve meeting later in the week. The euro fell to $1.0764, its lowest since May 9, in early trading in Asia. It was last down 0.24% at $1.0776 as investors weighed the implications of renewed political uncertainty in the euro zone's second-biggest economy in a key election year.

Investors will closely watch next week's inflation numbers and Federal Reserve meeting for clues on whether the soft landing hopes that drove stocks to record highs are still justified. This year's rally has lifted the S&P 500 up more than 12% year-to-date, on expectations the Fed can cool inflation without hurting growth. Yet recent economic data have sent conflicting signals: U.S. employment numbers released Friday were far stronger than expected, while earlier reports showed a slowdown in manufacturing and a first-quarter growth rate revised lower.

Asian stocks sank on Monday as traders heavily pared back on bets for Federal Reserve rate cuts this year given a still-tight U.S. labour market, while a snap election call in France sparked wider political concerns and weighed on the euro. Trading was thinned in Asia with Australia, China, Hong Kong and Taiwan out for public holidays, but MSCI's broadest index of Asia-Pacific shares outside Japan still slumped 0.46%.

FPIs have been paring their holdings of defensive stocks instead of those with more growth potential. This shows they remain bullish on the sustained earnings potential of growth stocks in industries like discretionary spending and manufacturing. Data from NSDL shows the weight of defensive stocks such as FMCG, IT, and healthcare fell to a multi-year low of 19.72% as of May-end.

Narendra Modi and his 71 ministers took oath of office and secrecy on Sunday.On Friday, the Indian stock market indices ended at their fresh closing highs, extending gains into the third consecutive session, after the Reserve Bank of India (RBI) kept the repo rate and policy stance unchanged while raising the GDP estimates for FY25 and retaining the inflation target.The Sensex jumped 1,618.85 points, or 2.16%, to close at 76,693.36, while the Nifty 50 settled 468.75 points, or 2.05%, higher at 23,290.15.Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — June 10“Now hopes have revived that the US Federal Reserve might cut interest rates in the September meet based on recent macro data points. This week, focus will be on allocation of key cabinet portfolios such as Finance, Defense, Roads, Energy, Commerce, and Railways.

MUMBAI:Small-cap stocks had a spectacular rally the previous fiscal year, much of it driven by foreign portfolio investors (FPIs) betting on smaller Indian companies even as the surge sparked fears of a bubble caused in part by some murky transactions.In the financial year 2023-24 (FY24), about 35% of the total ₹2.08 trillion of FPI equity investments in India were channeled into the top 100 companies of the BSE Smallcap index, totalling ₹71,631 crore and making up 70% of the overall investment into smallcaps, according to BSE shareholding data analysed by Mint.This influx of investments contributed to both the Nifty Smallcap 250 and the BSE SmallCap index, which comprises 946 companies, outpacing returns from the benchmark Nifty and Sensex indices last year.And while the shareholding data for the first quarter of the current fiscal won't be available before 30 June, the BSE SmallCap has already outperformed the Sensex by over 6% since 1 April 2024, with a return of 9.6%, compared to Sensex returns of 3.6%.However, the rapid rise has not gone unnoticed by regulators. In March, Madhabi Puri Buch, chair of the Securities and Exchange Board of India, warned of “pockets of froth" in the overheated small-cap and mid-cap markets.Mint previously reported (here, here, and here) about the potential involvement of Dubai-based hawala operator Hari Shankar Tibrewala in funnelling illegal proceeds from the Mahadev online betting scandal into Indian small-cap stocks.Nevertheless, the surge of foreign investors into India’s small-cap market has provided a semblance of stability.“FPIs could continue to invest in fundamentally sound small caps which are reasonably valued," said SK Joshi, executive director at Khambatta Securities.

FPI inflows of ₹6,617.32 crore and mutual fund purchases of ₹3,072.85 crore, NSE data reveals. However, retail investors net sold shares worth ₹8,587.5 crore on 3 June instead of their usual practice of buying on the rise. The next day, when the actual counting showed the BJP unable to secure a simple majority, the market tanked almost 6% to 21,884.50, and FPIs and MFs net sold shares worth a combined ₹18,760 crore.

Netflix confirms that 'Jurassic World: Chaos Theory' will return for a second season in Fall 2024, as per a What’s on Netflix report. The series, a continuation of 'Camp Cretaceous,' will address unanswered questions and new dangers.

Bihar clearly shows the NDA's concern for tightening its grip over the "social justice politics" in the caste-ridden state just a year ahead of the assembly polls in the state.

horror film, "The Strangers: Chapter 1," featuring "Riverdale" star Madelaine Petsch, is now available for home viewing. Fans can purchase or rent the film via Amazon’s online movie store, although this availability comes with certain regional restrictions.

Anil Ambani promoted Reliance Infrastructure plans to raise USD 350mn (Rs 3000 crore) through foreign currency convertible bonds (FCCB) to repay its rupee debt and start new businesses such as electric power generation. Reliance Infrastructure, which is in the construction of roads, metro rail, and generating power, also approved plans to float four companies last week, according to the disclosures made by the company to the stock exchange.

Shah Rukh Khan, the iconic Bollywood star, joined the esteemed gathering at the Rashtrapati Bhavan in New Delhi for the Prime Minister Narendra Modi's swearing-in ceremony. The ceremony, which marked Modi's third consecutive term as the Prime Minister of India, was held on Sunday. A video circulating online captured SRK's arrival at the ceremony, accompanied by his manager.

An array of iconic homes are for sale — and buyers will almost certainly pay extra for that pedigree.

humble as common people love those who are humble and never compromise on probity and transparency, Prime Minister-designate Narendra Modi told all those who are taking oath on Sunday as ministers in his third government. Modi, who met the ministers-designate, said people have huge expectations and everyone will have to deliver, sources said.