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Quant Mutual Fund's AUM reaches all-time high of Rs 94,000 crore

Quant Mutual Fund's AUM reaches all-time high of Rs 94,000 crore

Posted on: 14 Jul, 05:41 PM

Quant MF, under Sebi investigation for front-running, reported record-high AUM and NAV by July 12, 2024, exceeding Rs 94,000 crore. Despite recent outflows, AUM remains robust, conveyed to investors via mail clarifying ongoing Sebi scrutiny.

Tags: #investors
Full story at Economic Times
Thirst Trap: Water sustainability issues loom over India's booming data centre industry

Thirst Trap: Water sustainability issues loom over India's booming data centre industry

Posted on: 14 Jul, 05:41 PM

India's data centre industry is booming, driven by significant investments from companies like Adani Enterprises. However, this growth raises concerns about the substantial water consumption needed for cooling in water-scarce cities. Operators are adopting alternative cooling technologies like air-cooled chillers to reduce water use. Despite these efforts, India lacks a national policy on data centre water usage. Experts call for sustainable practices to balance industry growth with water conservation.

Tags: #India #Adani #issues #call
Full story at Economic Times
Zomato, Swiggy hike platform fee by 20% to Rs 6 per order

Zomato, Swiggy hike platform fee by 20% to Rs 6 per order

Posted on: 14 Jul, 05:41 PM

Food delivery giants Zomato and Swiggy shock customers with a 20% hike in platform fees to Rs 6 in key markets like Bengaluru and Delhi. Both platforms had started with a fee of Rs 2 per order, but increased them through the months.

Full story at Economic Times
Shooting at Trump rally comes at volatile time in American history

Shooting at Trump rally comes at volatile time in American history

Posted on: 14 Jul, 05:41 PM

Former President Donald Trump was injured in an assassination attempt during a Butler, Pennsylvania rally. The shooting occurred at 6:10 p.m., and the Secret Service promptly secured Trump, although a spectator was fatally wounded. The 20-year-old shooter, Thomas Matthew Crooks, was neutralized by snipers. Trump received medical attention and was later transported to New Jersey. President Joe Biden condemned the incident, calling for unity. The FBI's investigation revealed Crooks' conflicting political affiliations. Heightened security marked the upcoming Republican National Convention.

Tags: #National #revealed
Full story at Economic Times
A 'jai jawan, jai kisan' trap awaits Modi. In a 5-year Test match with revived Opposition

A 'jai jawan, jai kisan' trap awaits Modi. In a 5-year Test match with revived Opposition

Posted on: 14 Jul, 07:41 AM

Modi govt will need to address massive challenges without the total power it got used to, in the face of relentless electoral challenges, one after another.

Full story at ThePrint
Shot in arm for Mann as AAP wins Jalandhar West assembly bypoll after poor showing in LS polls

Shot in arm for Mann as AAP wins Jalandhar West assembly bypoll after poor showing in LS polls

Posted on: 14 Jul, 07:41 AM

AAP’s Mohinder Bhagat defeated BJP’s Sheetal Angural & Congress’s Surinder Kaur to clinch Jalandhar West seat. CM Mann had set up camp in Jalandhar for 20 days in run-up to bypoll.

Full story at ThePrint
Polyamory not everyone’s cup of tea—It is a Gen Z love upgrade with new bugs, jealousy glitches

Polyamory not everyone’s cup of tea—It is a Gen Z love upgrade with new bugs, jealousy glitches

Posted on: 14 Jul, 07:41 AM

Is it just about a commitment-phobic generation or is it cheating by another name?

Full story at ThePrint
INDIA bloc 10, BJP 2: Assembly bypolls across seven states perk up Oppn camp further

INDIA bloc 10, BJP 2: Assembly bypolls across seven states perk up Oppn camp further

Posted on: 14 Jul, 07:41 AM

Congress and TMC won 4 seats each, while DMK and AAP each bagged 1 seat. Independent won in Bihar’s Rupauli, handing outgoing MLA Bima Bharti 2nd electoral defeat in 2 months.

Tags: #Assembly #BJP
Full story at ThePrint
'Unacceptable', says BJP after Himachal govt pares back free power scheme, excludes income tax payers

'Unacceptable', says BJP after Himachal govt pares back free power scheme, excludes income tax payers

Posted on: 14 Jul, 07:41 AM

Congress had promised 300 free units of electricity before coming to power in 2022. The current scheme offers 125 free units and was launched by the previous BJP-led govt.

Tags: #launched
Full story at ThePrint
Siddaramaiah counters graft allegations with OBC CM tag, BJP slams him for 'playing caste card'

Siddaramaiah counters graft allegations with OBC CM tag, BJP slams him for 'playing caste card'

Posted on: 14 Jul, 07:41 AM

Deputy CM Shivakumar backs Siddaramaiah, while BJP says there is evidence of CM's direct involvement in alleged scams.

Tags: #alleged #allegations #evidence
Full story at ThePrint
Why is it raining car discounts? XUV700 to Safari, answer isn’t just the end of demand cycle

Why is it raining car discounts? XUV700 to Safari, answer isn’t just the end of demand cycle

Posted on: 14 Jul, 07:41 AM

In mass-market cars, degrowth is in the hatchback and sedan segments where sales have cratered. For instance, sales of Maruti Suzuki’s Alto and S-Presso hatchbacks have slumped this year.

Tags: #car
Full story at ThePrint
How missing AIADMK & shift in Vanniyar vote ensured resounding DMK win in Vikravandi bypoll

How missing AIADMK & shift in Vanniyar vote ensured resounding DMK win in Vikravandi bypoll

Posted on: 14 Jul, 07:41 AM

AIADMK’s call to boycott Vikravandi bypoll was seen as bid to relay message to BJP-ally PMK with eye on 2026 assembly polls. But bypoll result has shown opposition to DMK is weak.

Tags: #shown
Full story at ThePrint
Donald Trump shot in the ear during campaign, FBI to probe rally

Donald Trump shot in the ear during campaign, FBI to probe rally

Posted on: 14 Jul, 07:41 AM

Shooter dead, 1 rally attendee killed, 2 others injured. Law enforcement officials told reporters they had tentatively identified suspected shooter but were not ready to do so publicly.

Tags: #officials #probe #identified
Full story at ThePrint
With loss of assembly bypolls to TMC, BJP’s electoral fortunes in Bengal continue to dwindle

With loss of assembly bypolls to TMC, BJP’s electoral fortunes in Bengal continue to dwindle

Posted on: 14 Jul, 07:41 AM

Bengal BJP lost Raiganj, Bagda and Ranaghat Dakshin to TMC, which retained Maniktala in assembly bypolls held on 10 July.

Full story at ThePrint
Delhi suffers extreme weather whiplash as heat waves give way to record rain and deadly flash floods

Delhi suffers extreme weather whiplash as heat waves give way to record rain and deadly flash floods

Posted on: 13 Jul, 04:41 PM

Deadly flash flooding due to sudden heavy rains has inundated India’s capital, replacing one of the worst heat waves in Delhi’s history that sent temperatures soaring well above 40 degrees Celsius (104 degrees Fahrenheit).

Full story at CNN
The short seller that took on Gautam Adani made surprisingly little money

The short seller that took on Gautam Adani made surprisingly little money

Posted on: 13 Jul, 04:41 PM

When Hindenburg Research published a report into Gautam Adani’s sprawling business empire in January 2023, accusing Asia’s then richest man of fraud going back decades, the impact was immediate and explosive: about $100 billion was wiped off the value of his companies.

Tags: #made #Research #impact #business #Hindenburg #report
Full story at CNN
Sanctions on Russian oil brought Putin and Modi closer. Now they’re in a nuclear embrace

Sanctions on Russian oil brought Putin and Modi closer. Now they’re in a nuclear embrace

Posted on: 13 Jul, 04:41 PM

The optics of Vladimir Putin personally driving Indian Prime Minister Narendra Modi around in a mini electric car at his residence show just how chummy the two leaders have become.

Tags: #Indian #Minister #Modi ,#Modi #Prime #Narendra
Full story at CNN
Russia pledges to discharge Indians fighting for Moscow in Ukraine, New Delhi says

Russia pledges to discharge Indians fighting for Moscow in Ukraine, New Delhi says

Posted on: 13 Jul, 04:41 PM

Russia has promised to discharge Indian nationals who were “misled” into joining its army to fight in Ukraine, India’s foreign secretary said Tuesday.

Tags: #Delhi #foreign #secretary
Full story at CNN
India’s ‘godmen’: How a rigid caste system has created a new kind of deity

India’s ‘godmen’: How a rigid caste system has created a new kind of deity

Posted on: 13 Jul, 04:41 PM

The devotees rushed to collect soil from the ground the man had just walked on, thousands thronging to the front of a venue densely crammed with a quarter of a million people, under stifling heat.

Full story at CNN
'Don't be nasty towards Smriti Irani': Rahul Gandhi on attack against BJP leader

'Don't be nasty towards Smriti Irani': Rahul Gandhi on attack against BJP leader

Posted on: 13 Jul, 01:41 AM

Smriti Irani, who unseated Rahul Gandhi from the Congress bastion in the 2019 elections, lost the Amethi constituency to the Congress loyalist Kishori Lal Sharma by a huge margin of over 1.65 lakh votes.

Tags: #Congress #Sharma
Full story at India Today
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