Sebi mandates AMCs to deploy NFO funds within 30 business days from April 1, 2025. Investment committees may extend this once, with reasons documented and monitored by trustees. AMCs must specify achievable timelines in scheme documents.
Elon Musk's role in the Department of Government Efficiency under President Trump presents significant financial conflicts of interest, as his various companies stand to benefit. However, his involvement creates risks and backlash, with concerns about his influence over critical technology sectors and potential favoritism in regulation and procurement.
Address: 1150 E. 49th St., Chicago Listed: Jan. 27, 2025 Price: $1,649,900 Listing agent: Kimberly Harding, Berkshire Hathaway HomeServices Chicago, 312-268-2773 This five-bedroom home in the Kenwood neighborhood features three full bathrooms, two half baths and an open floor plan, with skylights and custom fixtures throughout. The family room has floor-to-ceiling windows, while the living […]
The main challenge for iron ore is that we continue to expect China's construction demand to decline as the Chinese property sector is still overbuilt. So, a very differentiated outlook here across the industrial metals with a preference for aluminium and copper.
The Nifty 50 Index has fallen 14% from its September peak due to concerns over steep valuations and disappointing corporate earnings. At the same time, the India NSE Volatility Index has dropped, reflecting a decline in demand for options betting on the benchmark equity gauge's moves.
