Vineet Jainn, Co-Founder & CIO, Volvin LtdA couple of months ago, the Securities and Exchange Board of India (Sebi) directed the Association of Mutual Funds in India (AMFI) to ask all small and mid-cap mutual funds to conduct a stress test to assess their liquidity positions and update their findings every 15 days starting March 15, 2024.
Open FlipMany flock to Mumbai with one aim: to become the next Shah Rukh Khan. However, people seldom go to the graveyard of failed actors and see the thousands who don’t make the cut. After all, there are no banners for failed actors. Sandeep Jethwani, the founder of wealth management startup Dezerv, thinks this bias applies to mutual fund (MF) investors as well.
Open FlipHome Depot posted a bigger-than-expected drop in quarterly same-store sales on Tuesday as cautious Americans shelled out less for big-ticket items while focusing on small-scale home repair and maintenance tasks. Customers have slashed discretionary spending and put pricey renovations on hold as they adjust to higher borrowing costs and elevated inflation.
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