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currency's moves will depend on the news flow regarding U.S. tariffs and economic data, and the local central bank's reaction. The rupee ended at 87.3700 against 87.4950 in the previous session. The Indian currency dropped 1% in February, logging its fifth straight monthly loss.

Subscribe to enjoy similar stories. “In the short run, the market is a voting machine, but in the long run it is a weighing machine." This quote holds significance, especially in building a balanced portfolio that provides growth prospects along with stability in the long run. One way to achieve this is to utilise core satellite investing.

Indian mutual fund industry, one that turns the very concept of passive investing on its head. Fund houses have discovered a convenient loophole in Sebi’s regulatory framework and are enthusiastically exploiting it. Sebi sensibly limits AMCs to launching just one actively managed fund in each plain category. This prevents the proliferation of near-identical products and reduces investor confusion. One large-cap fund, one mid-cap fund, and so on. It’s a straightforward approach that benefits everyone. Except that there’s a catch. This limitation doesn’t apply to passive funds. If there’s an index, a fund based on it can be launched. Therein lies the opportunity that fund houses have pounced upon—commission custom indices and launch ‘passive’ funds tracking them. The result? An absurd multiplication of indices. The National Stock Exchange now offers at least 120 equity indices, while the Bombay Stock Exchange has at least 64. While not all are created specifically for fund houses, they are readily available for AMCs. We now have indices with names like ‘Alpha Quality Value Low Volatility 30’, ‘EV & New Age Automotive’, ‘ESG’, ‘Enhanced ESG’, and my personal favourite, ‘ESG Sector Leaders’. This isn’t innovation; it’s simply clutter masquerading as choice.

Subscribe to enjoy similar stories. On 25 February, the Avishkar Hyperloop student team from IIT-Madras and the railway ministry along with ArcelorMittal, Hindalco and Larsen & Toubro unveiled the Hyperloop test track. Once commissioned, it could cut Delhi-Jaipur travel (250km) to 30 minutes compared with 1 hour by air and 4–5 hours by road.

NBC News, new satellite imagery from China’s Dalian shipbuilding facility suggests that the country is developing a massive nuclear-powered aircraft carrier that could rival the United States’ largest vessels. Analysts, after reviewing images provided by Maxar Technologies, noted that this new ship will feature a design unlike any currently in China’s fleet, potentially signalling a major shift in the balance of naval power. A leap in carrier technology

exchange-traded fund (ETF) that tracks a global index. The fund’s net asset value (NAV) is Rs 100, yet the market price is Rs 110. Would you willingly pay a 10% premium? Likely not. However, this is exactly what’s happening with many international ETFs in India. Some are trading at a premium of up to 25%, making it costly for investors seeking global diversification. So, why are these ETFs trading at a premium, how does this impact investor returns, and what alternatives exist to avoid overpaying? Let’s break it down.

Anugraha Narayan Road railway station in Bihar, a man was caught on camera slapping a random train passenger—all for social media fame. As a train passed by, Ritesh Kumar stood on the platform, reached out, and slapped a seated commuter while his friend filmed the act. The video went viral, sparking outrage online.

Venue : M.Chinnaswamy Stadium, Bengaluru Royal Challengers Bengaluru squad - Danni Wyatt-Hodge, Sabbhineni Meghana, Smriti Mandhana, Charlie Dean, Ellyse Perry, Georgia Wareham, Heather Graham, Kanika Ahuja, Raghvi Bist, Sneh Rana, Nuzhat Parween, Richa Ghosh, Ekta Bisht, Jagravi Pawar, Joshitha V J, Kim Garth, Prema Rawat, Renuka Singh Thakur Delhi Capitals squad - Jemimah Rodrigues, Meg Lanning, Niki Prasad, Shafali Verma, Sneha Deepthi, Alice Capsey, Annabel Sutherland, Arundhati Reddy, Jess Jonassen, Marizanne Kapp, Minnu Mani, N Charani, Shikha Pandey, Nandini Kashyap, Sarah Bryce, Taniyaa Bhatia, Radha Yadav, Titas Sadhu Royal Challengers Bengaluru vs Delhi Capitals Live Score: SIX! DANNI GOES ALL THE WAY! Tossed up around middle and off, Danni Wyatt-Hodge comes down the track and slogs this way beyond the fence towards long on for a huge six. Royal Challengers Bengaluru vs Delhi Capitals Live Score: Royal Challengers Bengaluru Ellyse Perry 9 (10) Danni Wyatt-Hodge 6 (7) Delhi Capitals Shikha Pandey 1/15 (2) Royal Challengers Bengaluru vs Delhi Capitals Live Score: FOUR! Lofted over cover for four.

Ashwini Vaishnaw on Saturday said several innovations have been made for the Ahmedabad railway station redevelopment project, and special care is being taken to ensure that the facility's design reflects the city's rich heritage. Vaishnaw, who reviewed the redevelopment project, said architectural elements inspired by the city's heritage, such as the 'Jhulta Minar' (swaying minaret), kite festival, etc, will be incorporated into the design. He said this approach was in line with Prime Minister Narendra Modi's commitment to preserve the cultural fabric of modern India. The redevelopment is a part of the Indian Railways' ambitious Amrut Bharat station project, which aims to transform over 1,300 railway stations across the country.

Subscribe to enjoy similar stories. Product managers often struggle with outdated or fragmented data when tracking market trends and competitors, which slows decision-making. They also often ignore the power of X (formerly Twitter) for market research.

Subscribe to enjoy similar stories. AU Small Finance Bank has cemented its position as a market leader, with a strong track record spanning over two decades and assets exceeding ₹1 trillion. Its extensive presence across the country, particularly in semi-urban and rural areas, has bolstered its deep distribution network.

Subscribe to enjoy similar stories. American casual wear brand U.S Polo Assn. India is on track to touch ₹3,000 crore in business over the coming years as the brand targets opening more premium stores and investing in adjacent categories such as kids' wear and footwear.

BJP leader BS Yediyurappa and three other accused in connection with a POCSO Act case to appear before it on March 15. The court which handles cases booked under Protection of Children from Sexual Offences Act took fresh cognisance of a charge sheet filed by the Karnataka Criminal Investigation Department (CID) against 82-year-old Yediyurappa, a former chief minister. The Karnataka High Court on February 7 had directed the special court to consider afresh and pass appropriate orders on the CID's final report in the case. The High Court had issued this order while partly allowing the petition filed by Yediyurappa challenging proceedings against him under the POCSO Act, and remitting back to the trial court the criminal case registered against him. It had also granted anticipatory bail to him.

Tata Motors are on track for their worst monthly losing streak in nearly a decade, as persistent selling pressure has pushed the stock down by 12.2% in February. This marks the seventh straight month of negative returns and the steepest monthly decline since October 2023, when the stock slumped 14%. The last time Tata Motors witnessed such an extended downtrend was in 2015 when the stock declined consecutively from March to September before rebounding in October. The worst-ever monthly drop for Tata Motors came in March 2020, when the stock tumbled nearly 45% amid the COVID-19 market crash.

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Advantest tanking nearly 9%. The Nikkei index fell below 37,000 for the first time since September 19 and hit a low of 36,840.12 in intraday trade.

Sensex and Nifty, opened in the red on Friday, weighed down by index heavyweights in the banking and IT sectors, as investors awaited key GDP data and reacted to fresh comments from US President Donald Trump on tariffs. The BSE Sensex fell 929 points, or 1.25%, to 73,683, while the Nifty50 declined 273 points, or 1.21%, to 22,271. around 9:39 am.

In the IPO, the company has reserved 30% for institutional investors, 40% for retail investors. The rest of 30% is kept aside for non-institutional investors, who in the recent past emerged as the strongest pillar for the IPOs in the SME segment.

Advantest tanking more than 9%. The Nikkei fell to 37,501.24 as of 0017 GMT, while the broader Topix was down 1.2% at 2,703.57.

Oil prices eased on Friday, heading for their first monthly drop since November, as uncertainty over global economic growth and fuel demand from Washington's tariff threats and further signs of a U.S. economic slowdown outweighed supply concerns. The more active May Brent crude futures slipped 31 cents, or 0.4%, to $73.26 a barrel by 0133 GMT, while U.S. West Texas Intermediate crude was at $70.05 a barrel, down 30 cents, or 0.4%. Front-month Brent expires later on Friday.

The yen was meanwhile set to end the month with a gain of more than 3.6%, its best since last July, on heightened bets of more Bank of Japan (BOJ) rate hikes this year.