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The Supreme Court has granted the Trump administration the authority to proceed with mass federal job cuts and agency restructuring, overturning a lower court's block. This decision allows the administration to pursue workforce reductions across numerous departments, despite opposition from unions and concerns about the impact on public services.
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News and Media
Amidst falling interest rates and investor caution towards fixed income, money market funds are gaining traction as preferred short-term investment options. These funds, investing in high-quality, short-term instruments, offer attractive yields compared to savings accounts and fixed deposits, coupled with high liquidity. Investors should prioritize funds with AAA-rated exposure and consistent performance.
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News and Media
US-based Jane Street is contesting SEBI's order accusing it of manipulative trading in equity derivatives, asserting a misunderstanding of hedging practices. The firm denies being uncooperative, stating it promptly provided information and modified trading after discussions with exchanges.
Category:
News and Media
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