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mutual funds saw an inflow of nearly ₹17,000 crore in the month of December, revealed the data released by the Association of Mutual Funds in India (AMFI) on Monday. Out of the total equity inflow, nearly ₹3,857 crore was into small-cap mutual funds vis-a-vis ₹3,699 crore in the previous month. At the same time, mid-cap funds saw a fall from ₹2,665 crore in November to a nearly half figure of ₹1,393 crore in December.

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₹425.96 crore. This buyout, funded entirely by internal accruals, brings ACC's ownership of ACCPL to 100%, with the total enterprise value of the acquisition at ₹775 crore, inclusive of ₹35 crore in cash and equivalent, the company said said in a filing with the stock exchanges. This acquisition aligns with ACC's growth strategy and commitment to creating value for stakeholders, said Ajay Kapur, chief executive, ACC Ltd.

climate change have sort of become a sing-along anthem in many jurisdictions around the world. The recent COP 28 meeting was primarily about climate change and the action that the world needs to take collectively. However, while governments continue to talk, establish conventions, and introduce policies, citizens across the globe need to realise that they too have an equally important role to play. But the problem is worse than people think. According to the WHO, there are 3.6 billion people already living in places that are highly susceptible to climate change. A recent report in the Washington Post shows that the world is set to pass a catastrophic warming threshold by the 2030s. The report was based on findings by the United Nations Intergovernmental Panel on Climate Change, which revealed that the world will surpass its warming limit of 1.5 degrees Celsius, leading to climate disasters that will be too severe for people to adapt. When a person is obese, or at risk of cancer, diabetes, or heart disease, they make crucial lifestyle changes. In the same vein, making lifestyle changes can be a crucial step towards averting the gloomy future that climate change portends if no action is taken. One of the smartest decisions a person can take is future-proofing their lifestyle by making climate-friendly choices, such as embracing the electric vehicle.

Trent Ltd. traded 0.03 per cent down at Rs 3065.2 at 11:36AM (IST) on Monday, even as BSE benchmark Sensex dropped 233.51 points to 71792.64.

Investing.com-- Most Asian currencies fell on Monday, while the dollar steadied near three-week highs as stronger-than-expected U.S. payrolls data saw traders scale back bets that the Federal Reserve will cut interest rates early. 

Investing.com-- Gold prices fell in Asian trade on Monday, extending losses from the prior session as stronger-than-expected U.S. labor data saw markets reconsider expectations for early interest rate cuts.

Investing.com-- Most Asian stocks fell on Monday after a surprise jump in U.S. nonfarm payrolls saw markets rethink expectations for early interest rate cuts, with focus now turning to a string of key inflation readings this week.

The first advance estimates of our national income for 2023-24 issued by the National Statistical Office on Friday show India’s economy blazing ahead, with gross domestic product (GDP) seen rising 7.3%. As China sputters, India is poised to retain its fastest-growing major economy tag, having rebounded sharply from the pandemic on the back of infrastructure spending by the government. In 2021-22, we made up for the previous year’s covid contraction, and then logged 7.2% GDP growth last fiscal year.

Dabur India Ltd put up a dismal show on the bourses in 2023, falling by about 1% at a time when the sector index, Nifty FMCG, gained as much as 29%. A big worry for the fast-moving consumer goods company has been subdued volume performance in the previous few quarters. Sure, last week’s business update for the December quarter (Q3FY24) offers comfort, but only slightly.

Crisil Ratings, green power (including WHRS) accounted for 30-35% of the sector's total power mix in FY23, and this number is expected to rise to 40-45% by FY27. Ambuja Cement Ltd recently announced an investment of ₹6,000 crore in install solar and wind power. Close competitor UltraTech Cement Ltd aims to raise its green-energy portion from 22% to 60% by FY26.

Sensex Today | Share Market Live Updates: Indian stock indices are expected to open flat on Monday as indicated by trends in Gift Nifty. The markets are likely to be significantly influenced by the upcoming quarterly earnings from major IT companies like TCS and Infosys, as well as global market trends.

By Rae Wee

Investing.com — US stock futures showed mixed movement on Sunday night following the first week of 2024, which saw the major averages decline. Traders are now turning their attention to the upcoming inflation data and significant bank earnings set to be released later in the week.

Investing.com-- Oil prices fell in Asian trade on Monday after Saudi Arabia slashed the prices of its Asian crude exports to over two-year lows, although losses were limited as traders watched for any potential supply disruptions from the Middle East.

Insurtech startup Riskcovry has raised around $4.5 million in a bridge round of funding led by Dubai-based business-to-business fund Morphosis Venture Capital. Indian financial services player IIFL also participated in this round. The round has a small secondary component which offered liquidity to some of its employees and exit to early investors.

“Welcome to Vistara. This is a pre-boarding announcement for passengers flying to Delhi via flight 6130.”

Jo Koy was selected as the host for the Golden Globes 2024. Notably, more renowned comedians, such as Chris Rock, purportedly declined the hosting opportunity. Additionally, former Golden Globes hosts Tina Fey and Amy Poehler reportedly conveyed that they are no longer interested in taking on the role. Koy is the second Asian host in Globes history. Sandra Oh emceed the show in 2019. He wants to the inspire those from the Asian community in his first major hosting gig.

MUMBAI : Foreign portfolio investment (FPI) net inflows into Indian equities and debt in 2023-24 have reached a nine-year high, showed data from the National Securities Depository Ltd (NSDL). At ₹2.68 trillion, this is just ₹9,625 crore away from 2014-15’s record net inflows of ₹2.77 trillion. In monthly average terms, foreign portfolio investors have invested net ₹29,780 crore in Indian equities and debt this fiscal.

₹44,000 crore has been detected since last May in a drive against non-existent tax payers. The drive unearthed 29,273 bogus firms involved in the suspected tax credit evasion leading to arrest of 121 persons, the ministry said in a statement. To curb GST frauds and to increase compliance, central and state tax authorities are carrying out a focused drive against bogus GST registrations and issuance of fake invoices without any underlying supply of goods and services.

Rohit Sharma leading Team India in the World Cup and didn't give much importance to the fact that the Indian skipper and Virat Kohli have not played T20 cricket since 2022. "Of course, Rohit should captain the team in the T20I World Cup. Virat Kohli also should be there.