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Daniel C. Silva, former assistant US attorney and shareholder at law firm Buchalter, believes that Sam Bankman-Fried's defense might be setting the stage for a potential appeal if the disgraced crypto boss is found guilty. 

Ashutosh Bhargava, Fund Manager and Head of Research, Nippon India Mutual Fund, says “in terms of quality, 80-85% of the fixed income assets are in the investment-grade category and where most of the assets are into government or government-related securities. We are keeping both duration and credit risk low as far as our sustainable strategy is concerned.” A lot has been said about the balanced advantage fund, a category which is much safer than an aggressive approach in a complete equity-oriented portfolio. Talking about having an exposure in equity as well as in debt, how are fund managers allowed to place themselves in terms of exposure, in terms of ratio in equity and debt in a balanced advantage category? As the name itself suggests, there is an advantage for a typical balanced fund. In a typical balanced fund, one can remain 65% to 70% invested in equity and the rest 30-35% in fixed income. In balanced advantage funds, you can bring down the net equity exposure significantly below 65% to say 30%. That happens because of the model which is involved in these kinds of funds. This model ranges from valuation-based models to more hybrid kinds of models. The idea here is to reduce the drawdown, to move between equity exposure from say 30% to 80% based on the signals that you are getting on valuation and other trend indicators.

The BSE benchmark Sensex advanced 567 points or 0.87% to settle at 66,079. The broader NSE Nifty surged 177 points or 0.91% to end at 19,689. From the Sensex pack, Bharti Airtel, Kotak Bank, JSW Steel, and Tata Motors were the top gainers, rising 2-3%.

electronics, and more at irresistible prices. The frenzy surrounding the sale's initial days has been nothing short of electrifying as consumers rush to grab the best deals on smartphones, laptops, and other tech marvels. However, amidst the spotlight on cutting-edge technology, there's another hidden treasure trove of discounts that savvy shoppers should not overlook: home improvement and appliances, including water purifiers.

savings account serving different purposes. However, in such cases there is a chance that one of such accounts can go unwatched. It is better to make some transactions in all your accounts once in a while so that it wont fall under dormant or inactive status. UDGAM portal for unclaimed FDs, savings accounts: RBI enrolls 30 banks, check if your bank is in the list

Indian whisky brand, has achieved international recognition by securing the coveted title of «Best in Show» Double Gold award at the prestigious Whiskies of the World Awards. This impressive accolade now ranks Indri as the world's premier whisky brand, as bestowed by Whiskies of the World. This remarkable feat was accomplished with the launch of the 2023 Diwali Collector's Edition from Indri.

Joe Biden was interviewed as part of an investigation into his handling of classified documents by Special Counsel Robert Hur, the White House counsel's office said on Monday. The Democratic president's interview was voluntary and conducted over two days, concluding on Monday, said Ian Sams, a spokesperson for the White House counsel's office. US Attorney General Merrick Garland in January named Hur as special counsel to look into the improper storage of classified documents at Biden's Wilmington, Delaware, home and at a Washington think tank office set up for Biden after his 2009-2017 vice presidency. Such special counsels are appointed to handle sensitive cases — usually involving political figures or allegations of serious wrongdoing by the government — and have more independence than is usually afforded to federal investigators to decide whether to bring charges. Hur's interviews with Biden suggest the investigation, which has proceeded quietly, may have advanced to its final stages.

Asian Games goes to India Inc. Many of the medal winners are backed by top corporate houses such as Reliance Industries, Tata group, JSW Group and Adani Group that support budding talent in preparing for the global stage with sponsorships, scholarships, training and other initiatives.

The crypto market has recently witnessed significant developments, notably relating to Ethereum ($ETH), Maker ($MKR), and InQubeta ($QUBE). On the one hand, Ethereum surges past a crucial threshold, while Maker shows signs of momentum. Simultaneously, InQubeta, the crypto of the moment, also exhibits a promising upward trajectory.

Joby Aviation is working to develop electric-powered aircraft that will take off and land like a helicopter but fly like a small plane

₹200 crore in two instalments. In response, senior counsel Mukul Rohatgi, representing JKC, argued that lenders have been demanding money at each stage, despite JKC depositing ₹350 crore. The lenders sought to consolidate all pending matters related to the case in the apex court for a joint hearing, while JKC requested separate hearing for this specific petition.

Much-talked-about Bitcoin cloud-mining project Bitcoin Minetrix ($BTCMTX) has raised more than $822,000 from investors in a week as it sets out to revolutionize the industry by tokenizing Bitcoin cloud mining.

Also Read: Cauvery row: Tamil Nadu Assembly passes resolution directing Karnataka govt to release water as per CWMA order Last week on Thursday, police detained members of pro-Kannada organisations protesting over the Cauvery Water issue. The river is considered as a lifeline for both the states as it is a major source of sustenance for them. The governments of Karnataka and Tamil Nadu have been locked in a protracted tussle over the sharing of Cauvery waters.

NEW DELHI : Virtual reality (VR) goggles, immersive games and new shopping experiences introduced consumers to the metaverse in the last two years; however, the real growth of metaverse may happen on the enterprise side, as companies find multiple use cases. The metaverse is defined as a virtual immersive environment that mirrors our reality through technologies such as AI, blockchain, 5G, community and power platforms, augmented reality (AR), and virtual reality (VR).

Global markets are kicking off the week with heightened volatility, fueled by escalating tensions between Israel and Palestine, which have now reached a level of official war.

We're again going through a turbulent period in the world in which the economy and stock markets will also be more volatile in consequence. Friday was no exception.

In an era marked by increasing digitalization and data-driven technologies, India has taken a significant step towards safeguarding its citizens’ digital privacy. The much-awaited Digital Personal Data Protection (DPDP) Act, put together by MEITY after extensive consultations with the public and industry during the draft stages, signifies a crucial development in protecting personal data and upholding individuals’ rights in the digital age.

Fortescue is on the cusp of signing more renewable energy supply deals as it pushes ahead with plans to make green ammonia at Gibson Island in Queensland.

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Joe Biden's $6 billion prisoner-swap deal with Iran is now under the spotlight after militant group Hamas, long backed by Iran, staged one of the bloodiest attacks on Israel in years. Some Republicans are trying to link Biden to attack. Nikki Haley, one of the Republican presidential candidate for 2024 polls, alleged that allowing Iran access to the billions of dollars improves its budget situation, letting it use the money elsewhere. «Let's be honest with the American people and understand that Hamas knows, and Iran knows they're moving money around as we speak, because they know $6 billion is going to be released. That's the reality,» she said. US Secretary of State Antony Blinken has however said that there is not evidence yet of «Iran directed or was behind this particular attack, but there’s certainly a long relationship.» Fighting between Israel and Hamas militants continued for the third day, which is likely to drag on. More than 1,100 people have been killed in Palestinian group Hamas's surprise assault on Israel on Saturday and Israel's retaliation.

Ari Mervis will succeed Myer chairwoman JoAnne Stephenson, who will retire from the department store board at the annual general meeting after seven years as a director and many prickly battles with major shareholder Solomon Lew.