The Securities and Exchange Board of India (SEBI) has issued a circular to clarify the application of rebalancing rules for passive breaches in actively managed mutual fund schemes. These breaches occur when a fund’s investments exceed allowed limits due to factors beyond the control of fund managers, such as price fluctuations or large redemptions. SEBI’s
The latest withdrawals mark a sharp reversal from the average inflows of $20 billion seen over the past 12 quarters. The shift suggests growing discomfort with the long-term fiscal trajectory of the United States read more Investors are rapidly exiting long-term US bond funds at the fastest pace since the Covid-19 pandemic, as concerns mount
Jonny Manning BBC News, North East and Cumbria Google The new cancer institute will be built next to the existing Northern Centre for Cancer Care at the Freeman Hospital A new £30m cancer research centre is set to be built in the North East, to enable more people to take part in clinical trials. The
In 2025, both Nifty 50 and BSE Sensex hovered close to highs but with high volatility. We have also seen a divergence in the performance of stocks from different sectors. Under these circumstances, mutual fund investors are looking beyond classic diversified equity strategies. There is a lot of focus on opportunities in various sectoral and
From left, West Virginia Gov. Patrick Morrisey speaks during the announcement of grants for water and sewer projects, joined by state Del. Bob Fehrenbacher Wednesday in Parkersburg City Council chambers. (Photo by Gwen Sour) West Virginia State Sen. Mike Azinger, R-Wood, left, thanks the state for working on infrastructure projects in the region during a
Are you planning to invest in relatively-safe debt schemes to take care of your near-term goals? Or are you searching for ‘relatively safe’ debt funds to invest for three years or more? If your answer is yes, you can consider investing in corporate bond funds in June 2025. These schemes invest at least 80% of
A federal judge used an episode from “The Simpsons” to illustrate her ruling that prevents the Trump administration from withholding money approved for states to build charging networks for electric vehicles. Colorado is one of 16 states that recently sued the administration for not releasing billions of dollars authorized under the 2021 Infrastructure Investment and
The head of the White House’s budget office confirmed the Trump administration is considering taking unilateral action to withhold funding for federal agencies at the end of the fiscal year, despite lawmakers in both parties saying the move would be unlawful. The White House is considering employing “pocket rescissions,” Office and Management and Budget Director
WLRN has partnered with PolitiFact to fact-check Florida politicians. The Pulitzer Prize-winning team seeks to present the true facts, unaffected by agenda or biases. Federal funds are not used to enroll undocumented immigrants in Medicaid in New York U.S. Sen. Rick Scott of Florida criticized New York’s Medicaid program, saying it gets far more from
Browns fans react to news of new stadium, move to Brook Park Fans gave their reactions after team owners Jimmy and Dee Haslam announced the Cleveland Browns are moving to Brook Park to build a new dome stadium. Northeast Ohioans could be days away from knowing whether the Cleveland Browns will move their home games