Waters Financial News

If rates remain high, or climb even higher, should advisors pull the plug on PE? When both legs of the 60/40 portfolio – stocks and bonds, that is – wobbled back in 2022, advisors found refuge in private equity products, whose liquidity is typically more like syrup dripping from a jar than water cascading off a cliff.

KSK Mahanadi project may soon undergo a fresh round of bidding as the National Company Law Tribunal (NCLT) has vacated a stay on the resolution plan proceedings and allowed issuance of fresh expression of interest. The move will give a chance for a better valuation for the 1,800-MW project, which saw interest from the likes of Adani Power, Jindal Power and Vedanta Ltd in the first round of auctions, people close to the development said. The NCLT had stayed the sale process for the project in June 2022 following a plea to consolidate the resolution of KSK Mahanadi and two of its ancillary companies, which are also under resolution process.

heatwave days expected this summer, a senior government official told ET. The advisory follows a home ministry directive after a meeting early this week with stakeholder ministries to discuss the India Meteorological Department's alert on heat waves. IMD has said many parts of southern peninsula, adjoining northwest central India, some parts of east India and plains of northwest India may witness above normal heat wave days in April. «Some of the measures that can be considered include rescheduling of work hours,» the official said, adding that early or late work hours, and long rest hours during the day when the sun is at its peak could be on the cards.

Coimbatore there's a scenic constituency which is also witnessing a three-cornered fight, cementing the belief that the BJP is specifically targeting the Kongu belt to dismantle the Dravidian parties' stronghold in the region. The Pollachi Lok Sabha constituency is gearing up for a triangular fight between the AIADMK, DMK and BJP. The BJP, much like in the Nilgiris and Coimbatore, has fielded its own candidate, K Vasantha Rajan, against the DMK's K Eswarasamy and the AIADMK's A Karthikeyan. All three parties have fielded fresh faces in the constituency, with the Dravidian parties hoping to capitalise on their well-known symbols and the sense of loyalty among their supporters to trump the BJP. Naam Tamilar Katchi's N Sureshkumar is another candidate in the fray. The most significant issues in the constituency range from agricultural to infrastructural as residents complained that good roads, clean drinking water and increasing drug use were going to be the things they would keep in mind while picking between the two leaves, rising sun and lotus symbols.

The cement industry is one of the largest emitters of carbon dioxide and is responsible for some 8% of global emissions each year

PM Modi reviewed the health sector's preparedness for the heat wave to ensure availability of essential medicines, intravenous fluids, ice packs, ORS and drinking water. The review panel stressed on the timely dissemination of essential information, education, and communication (ICE) material for awareness of the heat waves, especially in regional languages through all platforms such as television, radio and social media.

Sandeshkhali, a village in West Bengal, can get their complaints lodged, officials said on Thursday. The agency has created the e-mail ID in compliance with the orders of the Calcutta High Court passed on Wednesday.

The history of exploration in the Arctic by European and North American expeditions is littered with gruesome ways to die. The challenges of navigating the merciless landscape are many, which is why the first humans to travel over the surface of the frozen Arctic Ocean to reach the North Pole, the geographical top of the world, arrived as late as 1969—the same year astronauts made it to the surface of the moon. It is no longer possible to travel from land across Arctic Ocean pack ice to the North Pole as they did in 1969.

After Chabahar, India is reportedly on course to gain the rights to operate a second overseas port, Sittwe, located in the Rakhine state of Myanmar. There is though no official corroboration yet. Ports in the Indian Ocean have become hot property as China on one side and the India-US combine on the other race to invest in them.

'Seasonal Sanatani': BJP slams Tejashwi Yadav for eating fish during Navratri While the video was shared by Yadav only--the former Bihar deputy chief minister, it create a furore among BJP leaders and section of netizens who cringed at the sight of a non-vegetarian meal during Navratri. Yadav said the footage was shot before Navratri festival and added that he has "succeeded in exposing the low IQ" of his detractors.

Federal fishery managers have voted to cancel all commercial and recreational salmon fishing off the coast of California for the second year in a row, and only the fourth time in state history, because of dwindling stocks

NEW DELHI : Climate change will accelerate the intensity and frequency of extreme weather events, India’s top weatherman warned, on the backdrop of the country witnessing a far higher number of intensely heavy rainfall and heatwave days, fewer colder days and increasing thunderstorms in recent times. Specifically, the next three months, which coincide with the general elections, are expected to be particularly bad in terms of heatwaves.

Bacardi India managing director Vinay Golikeri said, citing Bacardi Cocktail Trends Report 2024. «Premiumisation has endured, and we are into the golden age of spirits as the cocktail culture revolution is flourishing in India,» Golikeri said in an interview. The maker of Bacardi rum, Bombay Sapphire gin, Grey Goose vodka and Dewar's Scotch is accelerating premiumisation across its portfolio in sync with demand trends, he added. Golikeri termed India as a «standout» market for the multinational alcobev maker. He declined to comment on how much the Indian arm contributes to Bacardi's global sales. Bacardi India reported revenue of more than ₹500 crore for the financial year ended March 31, 2023, according to the latest available data from business intelligence platform Tofler.

Felt even by us sitting in comfortable homes — what to say of the faithful who toil in the sun. Every evening, when the first drops of water trickle down your throat and you bite into a date, is a celebration of life, of gratitude to the Maker for His infinite blessings. After 30 days, the month of Ramzan culminates today in Eid-ul-Fitr, the festival of breaking the fast. The holy book was revealed in this month. So, the faithful would have read the Quran with greater reverence. After all, the first command and word of the Quran is, 'Read, in the name of your Lord who created.' Tadabbur is what it is known, as we contemplated its relevance in our lives. Thirty days when we sought to develop Taqwa, God Consciousness, which inspires us to be on guard against wrong actions. Eid is a day of celebration, of remembering the lesser fortunate, a day by when you discharge the religious obligation of giving a certain portion of your wealth to the poor and needy in charity. Known as Zakat, it does what it literally means — purifies your wealth.

Additionally, by preventing overflows, a water tank alarm helps maintain the structural integrity of the tank and its surroundings. Overflowing water can cause damage to the tank, nearby structures, and landscaping, leading to costly repairs and environmental impact. The alarm acts as a preventive measure, safeguarding against potential water-related accidents and ensuring the longevity of our water storage systems.

1. LG 8 Kg 5 Star Inverter TurboDrum Fully Automatic Top Loading Washing Machine The LG 8kg top load washing machine is available in silver colour with smart features and is here to make your laundry days easier. Its 700 RPM spin speed ensures quick washing and drying.

Six northern Europe countries bordering the North Sea have signed an agreement to work together to protect underwater infrastructure in the northern part of the Atlantic Ocean from an increased risk of sabotage

IPO of Teerth Gopicon was subscribed 16 times so far on Wednesday, the third day of the bidding process. The issue received bids for 6.61 crore shares as against 39.9 lakh shares on offer. The IPO is entirely a fresh equity issue of 39.99 lakh shares and through the issue, the company aims to raise nearly Rs 44 crore.

Nina and Stephen Edwards have been on the same page for most things in their 25-year marriage: what to have for dinner, where to vacation, where to set the thermostat in their New York City home. But there is one thing they can’t agree on: how best to load the dishwasher. Nina, an illustrator and adjunct lecturer at Pratt Institute, has a more freewheeling approach.

S Somnath on Wednesday that the upcoming phase of the Chandrayaan project is in progress, aiming to advance India's lunar exploration efforts. He indicated that Chandrayaan-4 marks the initial stride towards India's aspiration of landing an astronaut on the moon by 2040. Addressing a press conference, Somnath said, “Chandrayaan-4 is a concept that we are now developing as a continuation of the Chandrayaan series...our honourable Prime Minister has announced that an Indian will land on the moon in 2040.

CCTV, was reported from Ghaziabad, neighbouring Delhi. The boy, Altaf, is floored as the pit bull charges on him, shows the video, with a man and a woman watching from far but not intervening. Kicking furiously, the boy rolls around the ground trying to get the dog off him, shows the clip. Someone threw water to distract the dog. The boy manages to get up, and runs to safety with the dog still following him.