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Ministry of External Affairs issued a strong condemnation of Khamenei's comments, which had criticized the treatment of minorities in India. “We strongly deplore the comments made regarding minorities in India by the Supreme Leader of Iran. These are misinformed and unacceptable. Countries commenting on minorities are advised to look at their own record before making any observations about others,” the ministry stated.

In a stock exchange notice, the trust said more than 98.1% of votes cast were in favour of the name change to Foresight Environmental Infrastructure Limited, as well as the ticker change to FGEN.  US Solar Fund fights off shareholder dissent and survives continuation vote Meanwhile, only 7.3% of votes were cast in favour of the special resolution that the company ceases to continue in its present form, with 92.7% of votes against.  All four other special resolutions, which included the approval of the trust's interim dividends for periods ranging from 1 April 2023 to 31 March 2024 ...

mortgage market, expanding the availability of 30-year amortizations and raising the cap on insured mortgage products.First-time homebuyers, as well as those purchasing new builds, will soon be able to take out insured mortgages with a 30-year amortization, up from the typical 25-year payback period.Additionally, the Liberals are raising the price cap for taking out insured mortgages to $1.5 million compared with the previous bar of $1 million.Both proposed changes would go into effect on Dec. 15.Deputy Prime Minister and Minister of Finance Chrystia Freeland made the announcements on Monday in Ottawa where members of Parliament are reconvening for the start of the fall sitting in the House of Commons.She positioned the move as helping Canadians to afford a first home.“It is going to put the dream of home ownership in reach for more young Canadians,” she told reporters.Extending amortizations helps to reduce the monthly burden of carrying a mortgage, though a homeowner is likely to pay more in interest over the life of the loan.Because households have to put down more than 20 per cent upfront when purchasing a home with an uninsured mortgage, the current price cap for insured mortgages creates a significant barrier for Canadians looking to purchase a property worth more than $1 million.In some of Canada’s most expensive housing markets, the average home price is already above that bar, making it difficult for some prospective buyers to save enough to ever own a home.Under the proposed changes, an individual could put down between five and 20 per cent of the value of a home worth up to $1.5 million, lowering the size of the down payment needed.The proposals come after the Liberals instituted new changes as of Aug.

In a LinkedIn post, Brain said last Friday (13 September) marked his last day with Newton IM, as well as «the end of one career and perhaps the beginning of another». Brain joined Newton IM in 2004 as leader of the fixed income team and was promoted to his current role in July 2023. Prior to that, he held a number of senior fixed income positions within the industry at MSG & Partners, Investec and Credit Suisse. Former JOHCM EUKA distribution head Voskamp resurfaces at Newton IM Following Brain's departure, the existing multi-asset team, led by Mitesh Sheth, CIO of the multi-asset ...

A summer start to interest rate cuts from the Bank of Canada failed to breathe new life into the Canadian housing market, with the national real estate association suggesting homebuyers are content to wait for cheaper borrowing costs before getting off the sidelines.

The impact range is comprised of 11 portfolios with varying levels of risk and has underlying fund ongoing charges between 0.13% and 0.52%, as well as a 0.12% discretionary investment management fee. On the equity side, the portfolio invests in a range of ETFs that meet the investible criteria set by the EU taxonomy for sustainable activities. These ETFs are managed by Rize ETF, which is now part of ARK Invest.  EBI Portfolios partners with Amundi for socially responsible investing MPS launch The impact bond portfolio invests in Northern Trust's Global Green Bond index fund, which ...

Subscribe to enjoy similar stories. That the pandemic messed up schooling is well known. Between 2018 and 2022 an average teenager in a rich country fell some six months behind their expected progress in reading and nine months behind in maths, according to the OECD.

Subscribe to enjoy similar stories. THE LATEST attempt to assassinate Donald Trump, on September 15th, was only uncovered when a Secret Service agent spotted a gun barrel sticking out of a fence beside the golf course in Florida where Mr Trump was enjoying a round. Agents opened fire and a man sprang from the bushes.

SRF Ltd. slipped 1.02 per cent to Rs 2441.7 in Monday's trade as of 01:13PM (IST). It hit a high of Rs 2476.0 and low of Rs 2440.0 during the session. The stock quoted a 52-week high price of Rs 2697.45 and a low of Rs 2081.25. The return on equity for the stock stood at 11.63 per cent. About 7,243 shares have changed hands on the counter so far.

«Nifty has hit new highs, but Bank Nifty has not hit new highs, so there is some unfinished business and components of Bank Nifty are looking positive on the chart. So, I maintain constructive view on Bank Nifty compared to Nifty and before the event we could consolidate in a tight range,» says Aditya Arora, Adlytick. Around 100 points of correction that we are seeing in Nifty today after touching life high, where do you expect the markets to head going forward, do you expect them to consolidate at current levels? Aditya Arora: Yes, I agree with you, Nifty is expected to consolidate in a narrow range because we have Fed event lined up on 17th and 18th of September, which is a very big trigger for the market. Just to bring forward a very interesting fact, we had Federal meeting on 17th and 18th of September in 2007 as well, and this is much awaited rate cut after almost three to four years. So, market will watch out for some key numbers. Like, last time Nifty shot up almost 4% in 2007, but what I am trying to say is that we can expect 2% to 4% kind of volatility in the market post the event, prior to that Nifty may consolidate in a wide range and Bank Nifty looks pretty constructive compared to Nifty because there is some unfinished business over there.

«The forex has been relatively stable. So, we have got to see how this navigates. For us, we have got a very clear, focused strategy to deliver growth and be in the top two in incremental growth, as you have seen in the quarter that went by,» says Rajiv Rajgopal, MD, Akzo Nobel India. Given that crude is such a crucial raw material for you, tell me the dip below 70, how is that impacting your life? Rajiv Rajgopal: Look, as far as the crude is concerned, the dip had gone down to almost $68. It has come back to 70, so it is a little unpredictable at this point of time. Firstly, whatever little benefits that come, you would see it more accrue in the next quarter and more likely in the fourth quarter if this continues.

toxic work culture" and demanding the resignation of Sebi chief Madhabi Puri Buch, the markets regulator on Monday withdrew its earlier statement blaming «external elements» for the protests. In a fresh statement issued to the media during the day, Sebi said that its earlier press release issued on 4th September, after which scores of its employees gathered around the regulator's headquarters in Mumbai's BKC to stage a silent protest against their boss Buch, stands withdrawn.

Ravi Dharamshi, CIO, ValueQuest Investment Advisors, says the generalization that the entire market is expensive tends to miss out on a lot of nuances. There are pockets where there is overvaluation and there are pockets where there is some opportunity present from the next three to five years. India is making itself stand apart from the rest of the world because it is driven by domestic flows. It is driven by much stronger fundamentals. While a correction cannot be ruled out, we are not on the verge of a crash or any crisis that will lead to capital disruption. Right now, the big trigger is going to be coming in from the Fed midweek, but other than that, it is a global rally in place, be it for the US, be it for us. For us, the FIIs also now have made a comeback. How are you feeling about the market? Ravi Dharamshi: There is a lot of scepticism, justifiably through the valuations. But valuations are a necessary condition, not a sufficient condition for the markets to correct. I would say the generalization that the entire market is expensive tends to miss out on a lot of nuances. There are pockets where there is overvaluation and there are pockets where there is some opportunity present from the next three to five years.

Subscribe to enjoy similar stories. Shriram Finance Ltd, which was included in the Nifty 50 a few months ago, continues to maintain its strong upward trajectory, outperforming the broader market by a wide margin this year. The shares of this non-banking financial company (NBFC) have surged by nearly 146% over the last three years, against an increase of about 46% in the NSE benchmark index.

retirement. About 12 years ago, he took a life insurance policy worth Rs. 25 lakh. He feels he is covered sufficiently with this policy and investments in case of any emergency. He believes he only needs to top up his life cover as he prepares for family life. Is this the right approach? Sinha is planning well, but he needs to continue funding for his goals. The risk of an untimely death could disrupt his investment plans and leave his family without a stable income. A term insurance policy is ideal for covering such risks. However, it’s important to review coverage at each life stage, and starting a family is a good time for this. He should consider inflation, his financial situation, dependants, and his family’s needs in his absence. Just as death is a possibility one cannot ignore, so is the loss of earning capacity. A personal accident policy meets the need for replacing loss of income. Sinha must look for a comprehensive policy, which covers all contingencies: death, permanent total disability, permanent partial disability, and temporary total disability.

Subscribe to enjoy similar stories. The Nifty has rallied 16% year-to-date (YTD), but significant gains from here on could be unlikely over the next 12 months, with most of the good news, be it on economic growth, falling inflation and potential interest rate cuts already priced in, believes R. Venkataraman, chairman of IIFL Securities.

Gujarat coast using viability gap funding (VGF). The Union Cabinet had in June approved a VGF scheme for 1,000 MW offshore wind projects in Gujarat and Tamil Nadu. Proposed guidelines for the tender, which were issued last week, state that the successful bidder or bidders will get to sign a power purchase agreement at a fixed tariff of ₹4.5 per unit for Gujarat.

A new attempt has begun to try to salvage an oil tanker burning in the Red Sea after attacks by Yemen’s Houthi rebels

Ride-hailing leader Uber on Friday announced it will dispatch robotaxis built by driverless technology pioneer Waymo beginning next year in Austin, Texas, and Atlanta in a deal that deepens the bond between once-bitter rivals

Arvind Kejriwal pitches for early assembly polls in Delhi, experts on Sunday said the city government may have to write to the Election Commission giving reasons behind the demand. The final decision will, however, rest with the poll panel on when to hold the polls. The term of the Delhi Assembly ends on February 23 next year and the polls are expected to be held sometime early February. Kejriwal on Sunday demanded that polls in Delhi be held in November alongside Maharashtra.

Full Moon in September 2024 is almost here and it will also be know as Corn Moon, Harvest Moon. There will be a partial eclipse as well. On full Moon day which is on September 17, Tuesday, Moon will rise at 10.34 pm (ET). Meanwhile, on the same day, partial eclipse will begin at 9.55 pm (ET) and is set to peak at 10.44 pm (ET). Aries