CII business confidence index rises to three-quarter high of 66 in Q2FY27

Hedge funds have recently faced substantial setbacks, primarily due to widespread trades within unstable markets. Systematic managers lost about 25% of their returns for the year, significantly affecting their overall performance. This downturn arose from substantial bets on U.S. and Asian equities, both of which faced dramatic price fluctuations. Additionally, fundamental managers also reported losses…

Dixon Technologies’ shares rose significantly after Vivo Mobile India secured government approval for a joint venture. This partnership will focus on manufacturing smartphones for Vivo within India. Experts foresee substantial production increases and strengthened market leadership for Dixon. The joint venture is expected to commence operations by September 2026. Dixon’s strong financial metrics and policy…

Qantas flight QF122 faced a harrowing moment as it traveled from Queenstown to Sydney, requiring diversion to Christchurch due to engine flames. Thankfully, the pilots managed a safe landing while emergency crews awaited on ground. Eyewitnesses recounted a frightening scene with roaring flames and anxious shouts. Qantas emphasized their pilots’ thorough training in handling emergencies…