FundsGate | Sebi's overhaul of debt funds: Smooth for the most part, rough at the edges

FundsGate | Sebi's overhaul of debt funds: Smooth for the most part, rough at the edges

Market regulator SEBI (Securities and Exchange Board of India) has been overhauling mutual fund norms across all dimensions over the past couple of years. When new measures came, they did in droves, as opposed to piecemeal steps we’ve been …
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Oil Set for Best Month Since January Before Two Crucial Meetings

The U.S.-Iran standoff and falling American stockpiles have propelled oil toward its biggest monthly gain since January but two crucial meetings in the next few days will determine whether the rally continues. Futures in New York declined Friday, paring their …
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Tabcorp hit with legal claim from Racing Queensland

Lotteries, gaming and wagering giant Tabcorp has been hit with a legal claim from Racing Queensland, after being unable to reach an agreement over additional payments Tabcorp may need to make under the state’s new point of consumption tax.
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People Can't Believe This Bizarre Artsy Film Is Really An Ad For Subway

The sandwich chain Subway is typically in the business of feeding people, not freaking them out. However, some Twitter users were unnerved by a high-concept artsy film short that is somehow really an ad for the fast-food giant. REAL LIFE. REAL NEWS.
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Walgreens Stock Gets a Boost After Beating Earnings Estimates—But the Chain Still Needs a Prescription for Growth

Walgreens needs a strong prescription—for recovery. After Walgreens CEO Stefano Pessina called the second quarter “the most difficult” since the company’s acquisition of Alliance Boots in 2014, Walgreens Boots Alliance surprised Wall Street by beating …
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