Edelweiss Mutual Fund announced the launch of the Edelweiss Business Cycle Fund, an open-ended equity scheme following the business cycles-based investing theme. The scheme opened for public subscription on July 09, 2024, and will close on July 23, 2024. The scheme re-opens for continuous sale and repurchase on August 06, 2024. What kind of mutual
The Teesta River, a vital waterway in northern Bangladesh, has long been a lifeline for agriculture, livelihoods and biodiversity in the region. However, seasonal variations, with excessive flooding during monsoons and acute water shortages during dry spells, have created a pressing need for a comprehensive management and restoration project. As discussions around the Teesta River
Examining the past returns of a mutual fund scheme is vital to get an idea of how the scheme has delivered in the recent past. It also gives a fair idea of how much the investment would have swelled over a period of time. Let us suppose, if someone told you that your investment of
Over the first six months of the year, European equity markets have been lagging the performance of US equities. The S&P 500 index, largely due to the performance of large-cap tech names, has more than doubled the return of the MSCI AC Europe index so far this year. European equities in more recent months have
Rural The Justice Department said Armstrong failed to ‘comply with FCC regulations that governed what costs they were allowed to report for purposes of claiming subsidy payments …” Photo of Armstrong President and CEO Dru Sedwick WASHINGTON, July 14, 2024 – Stemming from a whistleblower lawsuit, the Justice Department said Friday that Armstrong Group in
The 2024-2025 City of Sacramento budget is dry reading, but worth it. $1.6 billion worth. Courtesy City of Sacramento. California municipalities follow a July 1-June 30 fiscal year, and elected representatives and staff spend a lot of time and energy in the annual budgeting process. Simply put, municipal funds are raised and spent to implement
Construction continues on a townhome development on Redwood Boulevard near Wood Hollow Drive in Novato on Wednesday, Aug. 11, 2021. (Alan Dep/Marin Independent Journal) I’ve always been someone who likes to plan. As I handed in my last final exam of my second year at college, I had a chilling realization. I was halfway through
North Carolina-based hedge fund manager Morgan Creek Digital intends to raise roughly $500 million for a new fund focused on investing in artificial intelligence (AI), blockchain technologies, chips, and data opportunities. According to a press release, Morgan Creek’s new fund will invest in early-stage companies that combine AI power with blockchain technology and the associated
It was the 1960s and the cold war was at its peak. A race was organised between two top runners—one from the United States (US) and the other from the Soviet Union. The US runner beat his Soviet counterpart. The Soviet media needed to report the news positively. The spin it gave was, “Soviet finishes
Council doles out more than $204,000 The Farmington City Council received requests from 17 nonprofit organizations for grant money through the Community Develop Block Grant funds this year. Representatives from 17 different agencies presented information about their organizations, requested set funding amounts and explained how it would be used during the June 25 city council