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Nippon India Mutual Fund has launched a new fund offer (NFO) on BSE Sensex Next 30 Index Fund. The passive fund will mirror the BSE Sensex Next 30 Index. The NFO opens for subscription on Wednesday. The BSE Sensex Next 30 Index comprises companies which are a part of the BSE 100 but not part…
A former prime minister of the Democratic Republic of Congo has been sentenced to a decade’s forced labour for corruption. Augustin Matata Ponyo was found guilty of embezzling about $245m (£182m) of public funds by the Congolese Constitutional Court on Tuesday, alongside Deogratias Mutombo, the former governor of the DR Congo’s central bank. Matata’s lawyer…
The rupee depreciated by 9 paise to 85.67 against the US dollar in early trade on Wednesday, May 21, amid a cautious global environment. Rising US Treasury yields and sustained foreign fund outflows dragged down market sentiment, pressuring the domestic unit further. Forex traders pointed to climbing global crude oil prices as another factor exacerbating…
Bharat Electronics shares in line with the broader market trend were up by over 4 per cent at Rs 379.2 per share. The gains were spurred after the company’s Q4 net profit climbed 18.36 per cent during the March quarter. Bharat Electronics – Brokerage take post Q4 results Source link
Mexico City Mayor Clara Brugada pledges to continue ‘relentless fight against insecurity’. Two top aides to the mayor of Mexico City have been shot dead in the latest attack against public officials in the Latin American country. Private secretary Ximena Guzman and adviser Jose Munoz were shot dead on Tuesday in an early morning ambush in…
Belrise Industries IPO: The initial public offering (IPO) of Belrise Industries, a prominent automotive component manufacturer, opened for public subscription on Wednesday, 21 May 2025. The company plans to raise Rs 2,150 crore through a 100 per cent fresh issue of 238.9 million equity shares, with no offer-for-sale (OFS) component. Ahead of the issue, Belrise…
Blackstone Inc is emerging as the frontrunner to acquire revenue cycle management provider AGS Health from private equity firm EQT AB, people familiar with the matter said. Blackstone has pulled ahead of other bidders and could reach a deal as soon as the coming days, the people said, asking not to be identified because the…
Gold & Silver Prices Today, 21 May 2025: Gold prices in India climbed to a one-week high on Wednesday, 21 May 2025, tracking international gains driven by a weaker dollar and concerns over U.S. fiscal health. Silver also witnessed marginal gains. On the Multi Commodity Exchange (MCX), gold futures for June delivery rose by Rs 609…
Heavy rainfall and storms have been battering southern France since Monday. The rains have caused widespread damage across the region, flooding streets and causing power and water outages. At least three people have died in the flooding with several hundred emergency rescuers being deployed to the region. Source link
US President Donald Trump has unveiled an ambitious new missile defence project dubbed the “Golden Dome” that he claims will protect the United States using weapons based in space for the first time. Speaking from the Oval Office on Tuesday, Trump said he expects the multilayered, $175 billion system to be “fully operational before the…
