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BusinessSEBI's new PRIM framework reduces the Portfolio Management Services (PMS) entry limit to Rs 25 lakh, allowing 2-3 crore Indian investors to participate. Sandeep Jethwani, Co-founder of Dezerv, explains how PRIM, global diversification, and Independent Fund Managers will transform India's wealth management sector by emphasizing risk-adjusted returns.
ET Markets·3h ago
PoliticsA video showing Delhi minister Parvesh Verma slapping a young man during a road inspection in Tilak Nagar has gone viral. The opposition AAP demanded Verma's arrest, with Arvind Kejriwal announcing plans to visit the site. The man slapped filed an FIR, and AAP MLA Jarnail Singh accused Verma of losing his temper. The incident sparked criticism from political groups.
Hindustan Times·49m ago·Delhi
BusinessConsumer electronics and appliance manufacturers in India will raise product prices by 5-8% starting October 1 due to increased raw material costs like copper and steel. Companies such as Blue Star and Haier have confirmed these hikes ahead of the festive season. Some dealers still hold inventory at older prices for upcoming festivals.
Economic Times·8h ago
PoliticsSwiss voters rejected a proposal to tighten neutrality rules, with 71% voting against it. The plan aimed to enshrine permanent armed neutrality in the constitution and restrict military alliances and sanctions. The rejection maintains Switzerland's current flexible neutrality, allowing some cooperation and sanctions. The referendum followed debates after Russia's invasion of Ukraine and Switzerland's EU sanctions against Moscow.
Firstpost World·13m ago
BusinessIn 1988, Ohio attorney Neil McKown secretly purchased 155 neglected acres in Shelby, starting a family farming journey. Over 38 years, the McKown family expanded their land and improved farming practices. Neil's son, Sam McKown, now manages daily operations, focusing on quality hay production and sustainable land management while engaging with the community.
TOI World·31m ago·Shelby
PoliticsAdmiral Krishna Swaminathan highlighted that the Indian Ocean has become an increasingly congested and contested maritime space due to the rise of Asian economies like India and China over the past five decades, along with other geopolitical factors. This militarisation poses significant strategic challenges in the region.
NDTV·11m ago
ET Markets·3h ago
SEBI's new PRIM framework reduces the Portfolio Management Services (PMS) entry limit to Rs 25 lakh, allowing 2-3 crore Indian investors to participate. Sandeep Jethwani, Co-founder of Dezerv, explains how PRIM, global diversification, and Independent Fund Managers will transform India's wealth management sector by emphasizing risk-adjusted returns.
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