The government has responded to a question on whether or not central government employees and pensioners will get their three instalments of Dearness Allowance (DA) and arrears frozen during Covid-19, saying that it was “not feasible”. Answering a question at the Lok Sabha on August 11 regarding the roll out of three instalments of arrears…
An Australian rocket, representing the country’s first attempt to reach orbit with a domestically produced vehicle, crashed soon after launch. On Wednesday, Gilmour Space Technologies, a space startup, conducted its first test flight of the Eris rocket from its Bowen Orbital Spaceport, approximately 1,000 kilometres (620 miles) northwest of Brisbane. The flight lasted about 14…
Former India cricketer Dilip Vengsarkar recently opined that he would have convinced Mumbai Indians owner Mukesh Ambani to rest Jasprit Bumrah in the previous season of Indian Premier League (IPL) so that the India pacer would have been fresh for all five Tests against England. The Indians drew the Anderson-Tendulkar Trophy 2-2. Prior to the…
Imagine sipping your coffee in the morning at your dream house with your close ones by your side, and not having to worry about a job to go. This life resonates more with the older population who have retired from their jobs. But the F.I.R.E (Financial Independence, Retire Early) movement aims to achieve this lifestyle…
The main reasons for this are the huge compliance burden for RIAs and a lack of willingness among Indians to pay for professional financial advice. Sebi has been taking steps to ease the qualifying criteria and encourage more people to apply for an RIA licence, but for now they are a dying breed. That’s unfortunate,…
Several mutual funds have started launching multi-factor funds. Unlike single-factor funds, these funds invest across factors such as value, quality, momentum, low volatility. Different factors tend to do well in different phases of market and such funds aim to offer diversified exposure and navigate better through changes in market phases. This article explains what multi-factor…
I am 28 years old and recently started freelancing full-time from home. I manage most of my work, finances and personal life online, from storing client files to using digital wallets and internet banking. I keep hearing about rising cyber fraud and data breaches and I’m starting to worry. What if I fall victim to…
CAPE CANAVERAL, Fla. (AP) — NASA and India paired up to launch an Earth-mapping satellite on Wednesday capable of tracking even the slightest shifts in land and ice. The $1.3 billion mission will help forecasters and first responders stay one step ahead of floods, landslides, volcanic eruptions and other disastersaccording to scientists. Rocketing to orbit…
Carlos Alcaraz, the World No. 2 and second seed at the Cincinnati Open, began his campaign with a hard-fought victory over Damir Dzumhur on Sunday (August 10). While the match ended in a 6-1, 2-6, 6-3 win for the Spaniard, it was anything but smooth sailing after a dominant start. Notably, this performance marked Alcaraz’s…
The unlisted space — quieter, less reactive — has delivered extraordinary growth in recent years. FY25, in particular, was a landmark for investors and shareholders in unlisted companies. Giants like Tata Capital, Studds Accessories, Nayara Energy, Motilal Oswal Home Finance, Cochin International Airport, NSE, and MSEI saw surges in both price and trading activity. The…
