Friday, August 28
Unnao: Three persons died while five others were injured after a truck collided head-on with an auto-rickshaw here on Saturday morning, police said.The accident occurred near an Indian Oil petrol pump in Makur village on the Ajgain-Mohan road.According to police, the collision was so severe that the auto-rickshaw was destroyed, and the occupants were trapped inside the vehicle.Upon receiving the information, a police team reached the spot and started relief and rescue operations with the help of locals.Police removed the people trapped from the damaged auto-rickshaw, of which three persons died on the spot.The bodies have been sent for post-mortem, and the injured were admitted to a nearby hospital.After the accident, the truck driver abandoned his vehicle and fled from the spot, police sa
In a market grappling with elevated valuations and uneven earnings momentum, ICICI Prudential AMC sees selective pockets of comfort emerging. Senior Fund Manager Vaibhav Dusad outlines why technology and large private banks offer reasonable entry points, how rate-cycle dynamics are reshaping financials, and where contrarian opportunities could play out as sectoral cycles turn.Edited excerpts from a chat:In your Focused Equity Fund, how does a concentrated portfolio of about 30 stocks help generate alpha and outperform the benchmark?A concentrated strategy tends to amplify both conviction and outcomes. With a limited number of holdings, the approach tends to be that only high-conviction ideas enter the portfolio, each carrying meaningful weight. Hence, this approach carries relatively highe
Beijing: Joint Secretary (East Asia) Sujit Ghosh in the Ministry of External Affairs and Liu Jinsong, Director-General of the Department of Asian Affairs of the Chinese Ministry of Foreign Affairs, held talks on the momentum of bilateral relations.Spokesperson of the Chinese Embassy in India, Yu Jing, said that the consultations were timely and productive.In a post on X, Yu said, "Mr. Liu Jinsong, DG of the Department of Asian Affairs of MOFA, and Joint Secretary (East Asia) Sujit Ghosh of MEA, held a fresh round of consultations between Chinese and Indian foreign ministry officials in Beijing. Both sides welcomed the positive momentum in bilateral relations and reaffirmed their commitment to implementing the important consensus reached at the Tianjin meeting between President Xi Jinping a
Renowned personal finance author, known for his book Rich Dad Poor Dad, Robert Kiyosaki, has once again stirred debate with his sharp commentary on the global financial system, referring to their ‘game’ as “Heads I win, tails you lose.”Taking to his X (formerly Twitter) account, Kiyosaki posted a message under the banner “Lesson #8: How to get richer as the global economy crashes”, urging followers to understand what he refers to as the “REAL GAME” being played by global bankers.In his post, Kiyosaki states that the true dynamic of the system can be summed up as “Heads I win, tails you lose”, alleging that bankers benefit regardless of market direction. “The bankers of the world control the world because they control global cash flow,” he wrote.He argues that the sy
