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BusinessPhoto: Economic TimesMajor mutual fund houses like Tata Mutual Fund and HDFC Mutual Fund have stopped accepting fresh investments in their gold fund-of-funds due to macroeconomic factors impacting gold imports and the rupee's value. Existing investments and systematic plans remain unaffected. New investors can consider alternatives such as direct investments in Gold ETFs for gold exposure.
Economic Times·
BusinessPhoto: NDTV BusinessA 22-year-old Reddit user earning Rs 45,000 per month shared their desire to help repay their family's Rs 20 lakh debt. They seek advice on balancing salary allocation between debt repayment, emergency savings, investments, and personal expenses. The user is cautious about investing while carrying expensive debt and wants to responsibly manage finances to improve their family's situation.
NDTV Business·
TechnologyPhoto: Firstpost WorldThe Ukrainian military is testing the 'StarGate' drone, designed to evacuate wounded soldiers from intense combat zones in the Russia-Ukraine war. This technology could reduce evacuation times by up to two hours, potentially improving frontline medical response and troop safety during ongoing conflict.
Firstpost World·
BusinessPhoto: Mint CompaniesEmbraer has agreed to acquire a 51% stake in Novavayu Aerospace Limited, owned by the Mahindra Group. The deal is expected to close by December 1, 2026. This investment aims to expand Embraer’s presence in India’s commercial aviation and defense sectors, strengthening its footprint in the growing aerospace market.
Mint Companies·
PoliticsPhoto: News18The News18 UP Mega Survey with Pvalue Analytics identified key factors affecting voter decisions for the 2027 Uttar Pradesh Assembly election. Law and order topped at 33.4%, especially among BJP/NDA supporters (44.2%). Employment ranked second at 21.4%, leading among SP, Congress (27.8%), and BSP supporters (28.5%). Inflation, exam paper leaks, Gen Z protests, and farmers' conditions also influenced voters.
News18··Lucknow
BusinessPhoto: TOI WorldJohn Griffin, founder of Addison Lee, sold his Regent’s Park mansion in London for £11.5 million, incurring a £9.2 million loss from the £20.7 million purchase price in 2013. The sale highlights the downturn in London’s property market, influenced by economic instability and new tax regulations affecting high-value real estate.
TOI World··London
Economic Times·
Photo: Economic TimesMajor mutual fund houses like Tata Mutual Fund and HDFC Mutual Fund have stopped accepting fresh investments in their gold fund-of-funds due to macroeconomic factors impacting gold imports and the rupee's value. Existing investments and systematic plans remain unaffected. New investors can consider alternatives such as direct investments in Gold ETFs for gold exposure.
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