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June 12, 2025

Trump 'acknowledged' Musk's apology

Washington DC: White House Press Secretary, Karoline Leavitt on Wednesday (local time) said that US President Donald Trump acknowledged Tesla CEO Elon Musk's apology for his comments.Leavitt, in her media briefing, said that after the incident, the government has started to focus on the business of the American people."The President acknowledged the statement that Elon put out this morning and he is appreciative of it and we are continuing to focus on the business of the American people," she said.When asked if the administration started a review of Musk's government contract- something that the President said he's considering, Leavitt said nothing like that has started as of now."Currently have no efforts have been made on that front as far as I'm aware," she said.On Wednesday, Musk said

June 12, 2025

Registration for $5 mn ‘Trump Card’ starts

The registration for Donald Trump's "Trump Card," also known as the "Gold Card," has started. US President Donald Trump announced this via his social media Truth Social. The card aims to offer permanent U.S. residency to foreign nationals willing to pay $5 million to the U.S. government.In a statement posted to Truth Social, Trump promoted the card as a premium alternative to the Green Card, calling it “a beautiful road to gaining access to the Greatest Country and Market anywhere in the World.”“Thousands have been calling and asking how they can sign up,” he wrote, encouraging applicants to join the waiting list at TRUMPCARD.GOV.121790590However, Trump reportedly emphasized that the card provides a pathway to citizenship, not automatic citizenship itself. According to reports, Tru

June 12, 2025

PMS Tracker: Top 15 funds gain up to 16.5% in May; Elever, Axis strategies lag

At least 15 PMS funds across smallcap, midcap, and multi-cap strategies delivered solid gains in May 2025, with Money Grow Asset’s Small Midcap strategy emerging as the top performer with a 16.5% monthly return, according to data from PMS Bazaar.NAFA Asset Managers’ Clean Tech Portfolio followed closely with a 16% return. Negen Capital’s Special Situations and Technology Fund gained 15.35%, while Nine Rivers Capital’s Aurum Small Cap Opportunities returned 14.4%. Samvitti Capital’s PMS Aggressive Growth strategy also featured prominently with a 14.39% return in May.Ambit Investment Advisors’ Emerging Giants strategy posted a 14.29% gain, and Waya Financial Technologies’ Bin73 Sunrise Alpha, a new entrant in the small and midcap segment, rose 14.14%. Anand Rathi’s Decennium

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