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29 Apr

NFO: Edelweiss MF launches Edelweiss BSE Internet Economy Index Fund

MFNewsBrands, Breaking News, Business, Mutual Funds, Opinions

#EdelweissMFBSEInternetFund The NFO opens on April 25 and closes on May 9. Chandigarh: Edelweiss Mutual Fund has launched Edelweiss BSE Internet Economy Index Fund, an open-ended index fund replicating the BSE Internet Economy Total Return Index. Currently, the index comprises the top 20 companies selected from the BSE 500 based on their six-month average market capitalisation. The index spans 11 sub-industries, including e-retail, internet and catalogue retail, e-learning, digital entertainment, financial technologies and other digitally driven sectors, offering investors targeted exposure to internet-led growth story. Moreover, the index consists only of Internet Economy-linked stocks, having no allocation towards IT and…

29 Apr

Canada Elections: Liberals projected to return to power with fourth consecutive mandate

MFNewsBreaking News, Opinions, Travel

#CanadaElections Mark Carney Wins and Next PM Jagmeet Singh resigning as NDP Leader, Lost his Seat Ottawa: Mark Carney, the former central banker who sought elected office for the first time, led the Liberals to a victory Monday in an election that was upended by Donald Trump’s trade war and musings about annexation amid persistent concerns about spiralling cost of living. Canadians gave the Liberal Party its fourth mandate since 2015 but the race against the Conservatives was much tighter than polls predicted. At 11:55 p.m., Liberals were leading or elected in 162 ridings and the Conservatives in 149. Like…

28 Apr

India, France sign ₹63,000 crore deal for 26 Rafale fighters

MFNewsOpinions, Technology, Travel

#India26RafaleMarineIndianNavy New Delhi: The Governments of India and France have signed an Inter-Governmental Agreement (IGA) for the procurement of 26 Rafale Aircraft (22 Single-Seater and four Twin-Seater) for the Indian Navy. It includes Training, Simulator, Associated Equipment, Weapons and Performance-Based Logistics. It also includes additional equipment for the existing Rafale fleet of the Indian Air Force (IAF). The IGA has been signed by Raksha Mantri Shri Rajnath Singh and Minister of Armed Forces of France Mr Sebastien Lecornu. The signed copies of the agreement, aircraft package supply protocol and weapons package supply protocol were exchanged by Indian and French officials…

28 Apr

IEPFA Hosts Preparatory Meeting with Stakeholder Companies for ‘Niveshak Shivir’ Initiative

MFNewsBusiness, Mutual Funds, Opinions, Shares

#IEPFANiveshakShivir "Niveshak Shivir" is an Initiative with dedicated Company Kiosks to help Investors Claim Unclaimed Dividends New Delhi: In a step forward to enhance investor services and streamline the claims process, the Investor Education and Protection Fund Authority (IEPFA), under the aegis of the Ministry of Corporate Affairs, Government of India, convened a preparatory meeting with Nodal Officers of stakeholder companies through video conference on April 28, 2025 chaired by Smt. Anita Shah Akella, Chief Executive Officer, IEPFA. This meeting was aimed at finalizing operational details for "Niveshak Shivir" - a collaborative initiative of IEPFA and the Securities and Exchange…

28 Apr

SMART Bazaar Announces the Full Paisa Vasool Sale

MFNewsBrands, Business, Opinions, Shares

#SMARTBazaarFPVSale Get Ready, India – The Biggest Shopping Extravaganza is Here! Mumbai: SMART Bazaar’s most awaited Sale event is back — and it’s bigger, bolder, and better than ever! SMART Bazaar Full Paisa Vasool SALE hit stores nationwide from 30th April to 4th May, and it’s going to be five unforgettable days of jaw-dropping deals and unbeatable discounts! With over 930+ SMART Bazaar stores across the country, this mega hypermarket retail chain is ready to take the nation by storm! From groceries, fashion, homecare, appliances, and more — get set for a shopping spree that promises maximum savings and total…

28 Apr

Vedanta Power Supports Set-up of Punjab’s Largest Torrefied Biomass Plant to Fight Stubble Burning

MFNewsBusiness, Opinions, Shares, Technology

#VedantaPowerPunjab #VedantaPowerTorrefiedBiomass · Will potentially avert nearly 2.6 million tons of CO₂ emissions Mansa: Talwandi Sabo Power Limited (TSPL), a Vedanta Power company and North India’s largest private thermal power producer, has led to the establishment of Punjab’s biggest biomass manufacturing facility, produced in the form of torrefied bio-pellets, near its 1980 MW thermal plant in Mansa. Torrefied biomass is a high-grade, solid biofuel made from biomass or agricultural residue through a thermochemical process. The end-product is a high-quality biofuel with far greater energy density than the original feedstock. TSPL is a highly advanced, supercritical thermal power plant and can only…

28 Apr

Godrej introduces compact personal room cooler ‘Edge Minicool’

MFNewsBrands, Business, Entertainment, Health, Shares, Technology

#GodrejcoolerEdgeMinicool ~ Targets 50% growth from the air cooler category next year~ Chandigarh: Considering the harsh summer temperatures and prioritising the consumer’s urgent need for multiple cooling solutions at home, the Appliances Business of Godrej & Boyce, part of Godrej Enterprises Group has introduced its latest offering in the air cooler segment – Edge Minicool, a compact personal cooler. The product is designed to meet the growing demand for portable, elegant-looking and effective cooling solutions. Godrej’s Edge Minicool is a slim, compact and convenient personal air-cooler that can be moved anywhere in your home for enhanced cooling. It has a…

28 Apr

अक्षय तृतीया पर ‘जियो गोल्ड 24K डेज़’ के दौरान हर खरीददारी पर मिलेगा 2% तक मुफ़्त सोना

MFNewsBrands, Business, Entertainment

#JioGold24Kdays • 29 अप्रैल से 5 मई, 2025 तक मनाया जाएगा जियो गोल्ड 24K डेज़। Mumbai: हिंदुस्तान में अक्षय तृतीया के शुभ अवसर पर सोना खरीदना की पुरानी परंपरा है। इस अवसर को और भी खास बनाने के लिए ‘जियो गोल्ड 24K डेज़’ के दौरान डिजिटल सोना खरीदें और 2 प्रतिशत तक अतिरिक्त सोना मुफ़्त पाएं। यह विशेष ऑफ़र जियोफ़ाइनेंस और मायजियो ऐप के उन ग्राहकों के लिए है जो अक्षय तृतिया पर डिजिटल सोना खरीदना चाहते हैं। 29 अप्रैल से 5 मई, 2025 तक मनाया जाएगा जियो गोल्ड 24K डेज़। कंपनी ने डिजिटल सोने की खरीदारी को काफी आसान…

28 Apr

Long-duration bonds are back for Investment

MFNewsBreaking News, Mutual Funds, Opinions

#BondsforInvestment Mumbai: With interest rates falling and economic signals aligning just right, long-duration mutual funds are looking like the smart, strategic play. One of the golden rules of fixed income is simple: when interest rates fall, bond prices rise. But here is the nuance—longer-duration bonds benefit more from this trend than shorter ones. The Reserve Bank of India (RBI) has cut the repo rate by 50 basis points this year, bringing it down to 6%, and more importantly, shifted its stance from ‘neutral’ to ‘accommodative.’ With inflation softening and global growth concerns lingering, the market is anticipating up to 50…

27 Apr

Mutual funds are not making profits, are you making these mistakes?

MFNewsBrands, Breaking News, Business, Mutual Funds, Opinions

#MFInvestorsmakemistakes Mumbai: Mutual funds have become a very popular investment platform among investors. By investing in it, you can prepare a huge fund for the future. If you too, while investing in mutual funds, we often make some common mistakes. Due to which our profit is reduced or we may have to suffer losses. Let's know about it in detail. Different funds are available for investment in mutual funds. Equity, debt and hybrid are the main ones among them. In this, you can invest through SIP, STP and SWP. Today we are going to talk specifically about SIP. SIP (Systematic…