Tag: time

Sebi reduces time limit for AIFs, VCs to invest overseas to 4 months

If these funds fail to make investments within this time limit, then Sebi can allocate their unutilized limits to other applicant AIFs and VCs. Capital markets regulator Sebi on Friday reduced the validity period of approval given to alternative investment funds (AIFs) and venture capital funds (VCFs) for making overseas investments to four months… Continue reading Sebi reduces time limit for AIFs, VCs to invest overseas to 4 months

Net collections under small savings schemes dip for first time in 11 years

Representative Image (Photo: Pexels) Net collections under small savings schemes such as National Savings Certificate (NSC) and Public Provident Fund (PPF) dipped for the first time in 11 years in the last fiscal year (FY23).   Net small savings collections (deposits minus withdrawals by the subscribers) in FY23 stood at Rs 3.04 trillion, witnessing… Continue reading Net collections under small savings schemes dip for first time in 11 years

Exploding heads in the time of Oppenheimer

Reviewing Christopher Nolan-directed Oppenheimer, the three-hour-long biopic of theoretical physicist Julius Robert Oppenheimer, also known as the “Father of the Atomic Bomb”, award-winning film reviewer Uday Bhatia writes: “Scenes don’t transition so much as collide into each other… Nolan doesn’t just want us to see nuclear fission. He wants us to feel like we’re… Continue reading Exploding heads in the time of Oppenheimer

China proposes to limit children’s smartphone time to max of 2 hrs per day

China’s internet watchdog has laid out regulations to curb the amount of time children spend on their smartphones, in the latest blow to firms such as Tencent and ByteDance, which run social media platforms and online games. The Cyberspace Administration of China on Wednesday published the draft guidelines on its site, stating that… Continue reading China proposes to limit children’s smartphone time to max of 2 hrs per day

Cleveland no-hit for fourth time since start of 2021 season

The Major League Baseball organization in Cleveland has been no stranger to being no-hit during the past three seasons.  Cleveland managed zero hits in a game Tuesday night for the fourth time since the start of the 2021 MLB season. Framber Valdez of the Astros celebrates after pitching a no-hitter against the Cleveland Guardians at… Continue reading Cleveland no-hit for fourth time since start of 2021 season

Sri Lanka records single-digit inflation for 1st time since economic crisis

Sri Lanka Flag (Photo: Wikipedia) Cash-strapped Sri Lanka on Monday said that its inflation has dropped to 6.3 per cent, a single-digit figure for the first time in two years, providing much-needed relief to the people amidst the worst financial crisis. In a statement, the Census and Statistics Office of the Sri Lankan… Continue reading Sri Lanka records single-digit inflation for 1st time since economic crisis

After Sequoia split, India’s Peak XV to hold CEOs meet for first time

By M. Sriram MUMBAI (Reuters) – India’s biggest VC firm Peak XV Partners has organised a meeting of its more than 200 investee companies next month, an email shows, a closed-door event some founders see as part of an effort to assuage concerns after its split from Sequoia Capital. Peak XV manages… Continue reading After Sequoia split, India’s Peak XV to hold CEOs meet for first time

As a first time earner, here are your most ideal investment options

When it comes to investing, starting early is the key to building a solid financial foundation. Even if you  have Rs.5000 per month at your disposal to invest, there are multiple options you can explore to build your portfolio. While some options come with higher risk, there are options where risk is low too. It… Continue reading As a first time earner, here are your most ideal investment options

Nitish can return to NDA any time, says Athawale; takes dig at ‘INDIA’

Nitish Kumar can come back to us anytime,” the Union Minister of State for Social Justice, whose Republican Party of India (Athawale) is part of the ruling NDA, said Union minister Ramdas Athawale on Sunday said Bihar Chief Minister Nitish Kumar, who snapped ties with the Bharatiya Janata Party (BJP) last year, can return… Continue reading Nitish can return to NDA any time, says Athawale; takes dig at ‘INDIA’