Track Financial News

Risk-adjusted return (RAR) of a scheme portfolio represents a more holistic measure of the scheme's performance because it quantifies the amount of return generated by a mutual fund scheme for each unit of risk taken to achieve that return. The current regulatory framework does not mandate the disclosure of RAR along with the returns of an MF scheme.

Michelle Obama is reluctant to support Joe Biden in his re-election campaign. Axios reported that she has been unhappy with the Biden Family for the way the manner in which they treated Kathleen Buhle, her close friend. Buhle is Hunter Biden’s ex-wife and the couple obtained a divorce in 2017. She has expressed her disappointment in private and has largely stayed away from the political campaign ahead of the US Presidential Election in 2024. It has also been suggested that she is not interested in politics and has hence, stayed away. This has been reported by the New York Post.

Two days after Christmas, a prominent Wall Street regulator updated a database with news of interest to the industry: A $1.4 trillion brokerage had been slapped with one of the year’s biggest fines for allegedly losing track of almost a million trades.

Kalki 2898 AD’ is grabbing eyeballs not just for its larger-than-life VFX effects and mythological references, but also for the star-studded cast! Led by Telugu superstar Prabhas, Bollywood stars Deepika Padukone and Amitabh Bachchan, and Tamil icon Kamal Haasan, this Nag Ashwin directorial was the most anticipated tentpole movie this year. While the main cast no doubt consists of heavyweights, the cameos are no less happening! From SS Rajamouli to Vijay Deverakonda, many bigwigs from the South have made special appearances in the movie!

A measure of prices that's closely tracked by the Federal Reserve suggests that inflation pressures in the U.S. economy are continuing to ease

US Presidential debate between the two presidential nominees, Donald Trump and Joe Biden has ended on a negative note for the Democrats. Many of the legislators and donors have called for replacing incumbent President Joe Biden on the ballot box, ahead of the presidential election in November 2024. Joe Biden appeared to have fumbled on many occasions and was found to be nervous during the debate. The Democrats will be announcing the name of their presidential nominee during the Democratic Party National Convention in August. President Joe Biden is expected to be the nominee. The party may consider other candidates after the debacle yesterday in Atlanta.

Shriram Asset Management Company (Shriram AMC) announced the launch of its growth liquid fund – Shriram Nifty 1D Rate Liquid ETF (Growth), an open-ended Exchange Traded Fund, tracking the Nifty 1D Rate Index.

Indian rupee ended stronger on Friday, aided by inflows spurred by the inclusion of the country's bonds into the JPMorgan emerging market debt index. The rupee closed at 83.3825 against the U.S. dollar on Friday, up nearly 0.1% from its close at 83.46 in the previous session.

CID) probing charges against former Karnataka Chief minister B S Yediyurappa of sexually assaulting a minor girl, has alleged in the chargesheet that the BJP leader and three other accused paid money to the alleged victim and her mother to buy their silence. The 81-year-old Yediyurappa has been charged under Section 8 (punishment for sexual assault) of the Protection of Children from Sexual Offences (POCSO) Act and Sections 354A (sexual harassment), 204 (destruction of document or electronic record to prevent its production as evidence) and 214 (offering gift or restoration of property in consideration of screening offender) of the Indian Penal Code (IPC). The other three co-accused — Arun Y M, Rudresh M and G Mariswamy who are aides of Yediyurappa — are charged under IPC Sections 204 and 214, in the chargesheet filed at the Fast Track Court 1 for POCSO Act cases here on Thursday. According to the chargesheet, on February 2 this year, at around 11.15 am, the 17-year-old alleged victim, along with her 54-year-old mother — the complainant — visited Yediyurappa at his residence in Dollar's Colony here seeking help in getting justice in a previous case of sexual assault (on the daughter) and other issues.

engineering exports bounced back in May 2024 and recorded 7.39% year-on-year growth to $9.99 billion. In April this year, engineering exports registered a 4.49% decline compared to the previous fiscal period. Significant export growth was noted in West Asia and North Africa (WANA), Latin America, and European countries outside the European Union (EU) during May this year. Exports to the EU declined significantly during this period.

Also Read: JP Morgan bond index India inclusion: Explained key changes, flows, impact on yields, what should investors doIGBs issued by the Reserve Bank of India (RBI) under the Fully Accessible Route (FAR) will be included in the global indices. According to JPMorgan, the average maturity of the Indian bonds included is seven years, with a yield-to-maturity (YTM) of 7.09%.

Officials say a passenger train derailment in northern Russia has killed three people and injured dozens

With graduation season over, many college grads are embarking on summer internships or their first full-time jobs

It has been hard to make money in Chinese stocks. Unlike the U.S. market, even the country’s tech giants have disappointed investors in the past few years.

Best Durafit treadmill: Top 6 options for every fitness enthusiast to elevate home workout4. Lifelong LLF45 Fit Pro Spin Fitness BikeGet ready for a top-notch workout experience with the Lifelong LLF45 Fit Pro Spin Fitness Bike. This bike is designed to give you a professional-grade workout right in the comfort of your own home.

The index hit a record high of 53,180, but pared most of the intraday gains to close with a loss of 59 points at 52,811.

₹20,000 in a smartwatch, one option is the Amazfit Balance smartwatch. This smartwatch promises to be your wrist's new BFF and comes with the best range of features to help you juggle work, life, and that elusive "Zen" feeling. But does it really deliver? Buckle up as we check out its specifications, its battery life, its design, and features in this detailed review.

Amarnath Yatra to the 3,880-meter-high cave shrine in south Kashmir commences on June 29 and concludes on August 19. The Jammu and Kashmir administration has implemented extensive measures to ensure a smooth and secure pilgrimage for the thousands of devotees expected this year.

Reasons to buyReasons to avoidThe Dr. Trust Automatic Blood Pressure Monitor is designed for convenience and accuracy. It comes with batteries and a thermometer, making it a versatile choice for home use.

SpiceJet on June 27 alerted passengers travelling via Delhi and Dharamsala to track their flight for potential delays due to bad weather."Due to bad weather in Dharamshala (DHM) and Delhi (DEL), all departures/arrivals and their consequential flights may be affected. Passengers are requested to keep a check on their flight status," it said in a post on social media site X (formerly known as Twitter).Notably, the Met department has issued a yellow alert for Delhi, predicting heavy rains across the national capital until July 1.

markets continued their upward trajectory as Nifty made new highs for the second consecutive day and gradually inching upwards to 24,000 mark. «Overall optimism surrounding the Union Budget, increasing FII inflows, and robust domestic economic data contributed towards the positive movement in the market. We expect the ongoing uptrend to continue further,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal.