County officials this week agreed to appropriate funding that will be used to pay for the local matching portion of the 2025 road overlay program. Bartholomew County Council members on Tuesday granted a request from county engineering to appropriate $1.65 million to match state contributions from the Community Crossings Matching Grant (CCMG) program that will
Early this year, the Securities and Exchange Board of India (SEBI) introduced a new regulatory framework for Specialised Investment Funds, an investment product that aims to bridge the gap between mutual funds and portfolio management services (PMS). Several asset management companies are now getting ready to launch their SIFs. While the current range of investment
Portage Service for Seniors hosted its annual To-Go Lunch yesterday. Held from 11 a.m. to 1:30 p.m., the lunch sold out in just over an hour, marking a successful turnout for the event that raises both funds and awareness for Elder Abuse Awareness. Executive Director Kaylee Hannah says the event has been an important part
It’s a long walk from Portage to Washington, D.C., but for Antonio Gutierrez, it’s a step – a lot of steps – in support of the Portage Recovery Association. Gutierrez is raising funds in memory of his brother Erik. Gutierrez was in Greensboro, West Virginia, on Thursday. He plans to reach Washington on Tuesday. “That
The rise of thematic and sectoral funds is no accident. It’s the product of a perfect storm of regulation, sales psychology, and market momentum. | Photo Credit: iStockphoto Just five years ago, the sectoral and thematic mutual fund category was nowhere near the top of the equity MF leader board. With ₹56,000 crore in assets
Mutual funds’ participation in the initial public offerings as anchor investors has been rising steadily even as the concern on overvaluation in the secondary market gets louder amid steady inflow in equity funds. Mutual funds’ investment as anchor investors more than tripled in calendar year 2024 to ₹21,583 crore across 34 IPOs against ₹6,651 crore
A new apartment complex has officially opened in Lake Charles, as efforts to rebuild and bolster economic growth continue nearly five years after two hurricanes struck the city. CST Multifamily Real Estate Services LLC and the Southwest Alliance Chamber on Thursday officially opened a new $40 million mixed-income apartment complex, The Reserve at Power Place, at 2301
Secretary of Housing and Urban Development Scott Turner kept repeating the same phrases to Congress in defense of President Donald Trump’s proposal to cut the agency’s budget by 51%. “It’s time for a paradigm shift.” “We have to refocus.” “We want to be efficient and effective, not bloated and bureaucratic.” Democrats on House and Senate
Local authorities involved in regeneration schemes announced during the government’s Spending Review say they are still waiting for information about what the projects might actually involve. On Wednesday, the government said 25 “trailblazing neighbourhoods” would each receive up to £20m over the next decade as part of “community-led” renewal efforts. These include Walker North in
The Texas Sealife Center on Padre Island will soon begin construction on a new animal hospital, funded by $500,000 in American Rescue Plan Act (ARPA) funds and a Gulf of Mexico Energy Security Act (GOMESA) grant from Nueces County. “Now that we have the funds, it’s great. It’s great. Like I said, we’re busting at