Author: Charlotte

ANI | Updated: Apr 30, 2026 12:13 IST NewsVoirAmaravati (Andhra Pradesh) [India], April 30: The Easwari School of Liberal Arts (ESLA) at SRM University-AP, Amaravati, has launched its M.Sc. Economics and M.Sc. Psychology programmes, both rebuilt for the age of Artificial Intelligence (AI). Designed for a technology-driven world, these postgraduate programmes equip students with advanced analytical, research, and applied skills through a strong emphasis on interdisciplinary learning, hands-on training, and AI integration. Scholarships and fee concessions of up to 100% are available for eligible candidates, ensuring accessibility for high-achieving students.Speaking at the launch, Prof. Ch Satish Kumar, Vice Chancellor, SRM…

Short duration mutual funds invest in treasury bills, commercial papers, certificates of deposits and so on to take care of their liquidity needs. They also invest in corporate bonds, government securities, among others.According to the Sebi mandate, short duration funds can invest in debt instruments which have maturity between one and three years. That means these schemes are meant for short-term investments of up to three years or more. They are somewhat in the middle when it comes to interest rate risk. They are riskier than liquid, ultra short term, and low duration funds. However, they have a lower risk…

Astute-class hunter-killer submarines are based at Faslane Visits to Australia by submarines based at Faslane must be increased, a new report has warned, despite availability of subs being ‘already critically low’. The House of Commons’ defence committee this week said there was ‘deepening concern about the readiness of the Royal Navy’.  A report said the UK Government must inject renewed impetus into AUKUS – a landmark defence partnership with Australia and the United States. And it warns that the scale and ambition of AUKUS means that it needs’ visible political leadership’ from the Prime Minister to counter the ‘political drift’…

According to the Vietnam Trade Office in Singapore, citing data from Enterprise Singapore, Singapore’s total global trade in March 2026 reached SGD 154.8 billion, marking a 38.5% increase year-on-year. Of this, exports accounted for SGD 82.4 billion, up 41.2%, while imports stood at SGD 55.9 billion, rising 61.1%.In terms of exports, domestically produced goods were valued at SGD 26.4 billion, up 12%, while re-exports (transshipment) totaled nearly SGD 56 billion, increasing 61.1%.For the first quarter of 2026, Singapore’s total trade with the world reached SGD 409.7 billion, up 25.7% compared to the same period in 2025. Exports amounted to SGD…

America has seized roughly half a billion in Iranian cryptocurrency, US Treasury Secretary Scott Bessent said on Thursday, adding ‘Operation Economic Fury’ sent Tehran into ‘crisis’.Speaking with Fox News, Bessent said the US managed to ‘grab’ about 350 million crypto assets, on top of another 100 they got earlier. “So, we’re almost at half a billion there, and we are freezing bank accounts everywhere,” he said. This comes after Trump asked Bessent to up the ante against Tehran, putting more economic pressure on Tehran. The US is also insisting that foreign governments and companies cut ties with Iran, Al Jazeera…

Hedge funds have increased their exposure through the basis trade, which involves the arbitrage of small differences between Treasury futures and cash bonds. The strategy depends on high leverage funded through repo agreements and lines. Market estimates place total borrowing linked to these positions at around 6.6 trillion dollars. Some repo deals are described as “zero haircuts,” which means lenders require little or no collateral buffer at entry.High leverage leaves these positions exposed to shifts in interest rates and funding costs. Even minor yield moves can prompt margin calls from repo lenders, which may force funds to scale back or exit…

Municipal and District Chief Executives (MDCEs) in the Oti Region have signed contracts to commence the implementation of the government’s 24-Hour Economy Markets Project, marking a significant step towards operationalising the policy at the local level, AdomNews has reported. The 24-Hour Economy initiative, a flagship policy of the government, is designed to transition Ghana from an import-dependent, eight-hour work structure to a 24-hour, production-driven and export-oriented economy. The policy seeks to enhance national productivity, promote industrial growth and strengthen economic resilience. Under the programme, businesses and selected public institutions are expected to operate in three eight-hour shifts, a move projected…

Gold prices remained broadly unchanged in India on Thursday, according to data compiled by FXStreet.The price for Gold stood at 13,965.84 Indian Rupees (INR) per gram, broadly stable compared with the INR 13,974.89 it cost on Wednesday.The price for Gold was broadly steady at INR 162,894.80 per tola from INR 162,999.50 per tola a day earlier.Unit measureGold Price in INR1 Gram13,965.8410 Grams139,660.70Tola162,894.80Troy Ounce434,394.00FXStreet calculates Gold prices in India by adapting international prices (USD/INR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference…

Trade-offs of the U.S. Government Taking Equity StakesThese equity positions seek to lessen U.S. dependence on China, help reshore manufacturing, and provide support for innovative U.S. companies. Yet, if not constrained, they can also pose risks, including the potential politicization of corporate decisionmaking.ProsStrengthens National Security and Supply Chain Resilience: An equity stake is one tool to allow the government to directly support firms in sectors where reliance on foreign suppliers—especially China—poses strategic vulnerability. This is particularly relevant for semiconductors and critical minerals, which are vital to both technology and defense systems.Provides Capital and Liquidity: Many of these sectors—critical mineral processing,…

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