Systematic investment plans (SIPs) of mutual funds (MFs) have seen a spike in demand with new registrations touching a five-year high already this year. Around 19.5 million new SIPs have been registered till December end, as against 14.1 million in the whole of financial year 2020-21 (FY21). Market participants say incr­easing investor awareness and positive experiences have spu­r­red this increase. […]

The Pentagon has announced that an additional 1,000 military personnel will be made available to help the Biden administration combat the nationwide Omicron-driven surge in the pandemic. During a meeting with the media Thursday, Pentagon Press Secretary John F. Kirby said that the first of an additional 1,000 active duty service members will be teamed up next week to deploy […]

If VIL is unable to repay the interest on its spectrum dues, the government can move towards converting those dues into more equity. To get its house in order in four years, VIL needs to do two key things apart from improving its operational efficiencies. It needs to raise fresh funds quickly and increase tariffs, says Surajeet Dasgupta. The announcement […]

It’s not been a good year for the Los Angeles Lakers or L.A. Clippers on their home court. Now, Crypto.com, which took over the naming rights to the former Staples Center, has suffered a bigger blow than losing a basketball game. They were hacked for a reported $30 million in bitcoin and ether. Crypto.com said Thursday that it had a […]

Americans are gradually returning to the nation’s roadways, after the pandemic had suppressed travel. Gas prices have followed suit. Drivers now pay an average of $3.31 per gallon, according to AAA, from the sharp drop during the early days of the coronavirus, when gallon prices tumbled to as low as $1.74. (You might want to consider buying one of the […]

Almost a year to the day after Donald Trump left office, the Supreme Court just dealt the former Celebrity Apprentice host a potentially crippling blow. With only Justice Clarence Thomas in opposition, the High Court denied on Wednesday Trump’s request for an injunction stop the release of hundreds of pages of White House records to the Congressional committee investigating the […]

OPINION: Jacinda Ardern’s difficult decision to move to something like “let it rip” or at least “live with it” will probably cost the lives of a few hundred unvaccinated New Zealanders, plus a handful of others. Yet the Prime Minister had no real choice. She made the right call. Wellington missed the window to close the border completely and wait […]