Indians cancel trips to Turkey, Azerbaijan: Will travel insurance cover
While some travellers are cancelling plans, others are choosing alternative destinations. Source
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Franklin Templeton to rename Multi-Asset Fund to Income Plus Arbitrage
The scheme will also change its investment strategy. It will now primarily invest in debt-oriented and arbitrage mutual fund schemes. Earlier, it followed a multi-asset approach, investing in equity, debt, and gold-linked funds. Source
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India Objects To IMF Bailout Package For Pakistan, Says Funds
India objects to IMF bailout for Pakistan, citing misuse of funds on cross-border terrorism and poor track record. Source
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WATCH
The councillors were also seen jumping up on benches and tearing sheets of paper, as they hurled slogans at each other, with some at the same time declaring that ‘hooliganism will not work.’ The Municipal Corporation of Delhi (MCD) House proceedings were adjourned until further notice. Source
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RBI’s cash boost helps trim borrowing costs more than rate
The RBI cut interest rates by a quarter point to 6% on April 9, and changed its policy stance to “accommodative,” indicating more interest-rate cuts. That followed a 25 basis point reduction in February, the first in about five years. Source
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360 ONE WAM Q4 profit rises 3
Shares of the company ended 4.3% higher at a price of ₹1,057 on Wednesday. Source
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Rupee falls 9 paise to 85
Rupee weakens against dollar due to global risk aversion, importer demand, and anticipation of RBI policy review. Source
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Not Gold, This Shiny Metal Steals The Spotlight; Experts Say
Silver is emerging as a key player in investment portfolios due to industrial demand and clean energy transition, with silver ETFs seeing a 125% rise in AUM. Source
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Pulse, the Re 1 candy, now a multi-crore revenue generator!
India Business News: Homegrown FMCG firm Dharampal Satyapal Group’s Pulse candy is poised to become a Rs 1,000-crore brand within two years, projecting its current sales. Source
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‘India Ne Ghus Ke Mara’: Pak National Debunks Sharif Govt’s
Pakistani national exposes lies about India’s Operation Sindoor, praises precision strikes. Video goes viral revealing Pakistan failed to intercept any of the 24 missiles. Source
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