Latest news with #SuperCabinet
Time of India
30-04-2025
- Business
- Time of India
NFO Alert: Mirae Asset Mutual Fund launches Nifty50 Equal Weight ETF
Mirae Asset Mutual Fund has launched the New Fund Offer (NFO) for the Mirae Asset Nifty50 Equal Weight ETF , an open-ended scheme replicating/tracking the Nifty50 Equal Weight Total Return Index. According to a release by the fund house, the ETF aims to offer investors equal-weighted exposure across all Nifty 50 stocks. #Pahalgam Terrorist Attack Pakistan's General Asim Munir is itching for a fight. Are his soldiers willing? PM Modi chairs 'Super Cabinet' meeting after giving army 'full freedom' India planning to launch military strike against Pakistan within 24 to 36 hours, claims Pak minister The NFO is currently open for subscription and will close on May 6. The scheme will reopen for continuous sale and repurchase from May 12. During the NFO period, the minimum initial investment is Rs 5,000, with subsequent investments in multiples of Re 1. The fund will be jointly managed by Ekta Gala and Akshay Udeshi. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo Also Read | MF Tracker: HDFC Small Cap Fund turns Rs 10,000 SIP to Rs 1.14 crore in 17 years The Nifty50 Equal Weight Index assigns equal weight (~2%) to all Nifty 50 large-cap stocks, reducing concentration risk in individual stocks and offering better diversification. This structure gives relatively more weight to tail-end stocks, making the index more representative of broader market trends, the release noted. Live Events The index tends to exhibit cyclical performance—potentially outperforming during broad-based market rallies but underperforming during corrections or when markets are led by a few large-cap names. 'This ETF seeks to capitalise on opportunities in the large-cap segment during phases of broad-based economic growth, by providing equal opportunity to each company in the Nifty 50,' said Siddharth Srivastava, Head – ETF Products and Fund Manager, Mirae Asset Investment Managers (India). Also Read | Akshaya Tritiya: How gold ETFs performed in last 10 calendar years Investors looking for more diversified exposure to Nifty 50 stocks—with lower concentration in top constituents and increased participation from tail stocks—may find this strategy appealing. It is particularly suited for periods of broad market participation, when gains are more evenly distributed across sectors and companies.
Time of India
30-04-2025
- Politics
- Time of India
Faulty AC turns Air India flight's cabin into sauna, passenger falls sick, plane forced to make emergency return
A Pune-to-Jaipur Air India Express flight was halted just before take-off on Tuesday evening after a woman passenger fell ill due to intense cabin heat caused by a malfunctioning air conditioning system, as reported by TOI. The flight, IX-2714, had begun taxiing around 7.45pm when the incident unfolded, forcing the aircraft to return to the bay. #Pahalgam Terrorist Attack Pakistan's General Asim Munir is itching for a fight. Are his soldiers willing? PM Modi chairs 'Super Cabinet' meeting after giving army 'full freedom' India planning to launch military strike against Pakistan within 24 to 36 hours, claims Pak minister There were around 150 passengers on board at the time. According to Karan Jain, who was among the travellers, the signs of trouble began early. "Once we boarded the flight, we found that the aircraft was extremely stuffy, and there was no air conditioning," he told The Times of India. "After around 15–20 minutes, the flight started to taxi towards the runway. Just then, a female passenger started feeling unwell due to the heat and almost fainted. This resulted in the aircraft turning back and parking with one of the aerobridges." Long wait inside, limited relief Although the affected woman received immediate medical attention and was taken off the aircraft, other passengers had to remain seated in the cabin for close to two hours. The heat persisted. Jain recounted that the crew eventually connected a ground air conditioning unit after passengers began raising concerns. 'The crew plugged in a ground air conditioning unit and allowed some flyers to stand on the aerobridge. Meanwhile, the engineers tried to fix the air conditioning system,' he said. Live Events Another passenger, Avi Sharma, described the discomfort clearly. "The female passenger who had suffered a health scare was deboarded from the aircraft while we were sweating inside," he said. Eventually, around 10pm, passengers were allowed to deboard and return to the terminal building. Airline responds, offers refunds and apologies Air India Express released an official statement acknowledging the incident, attributing it to a medical emergency triggered by the faulty air conditioning. "One of our flights from Pune returned to the bay before take-off due to a medical situation on board. The guest was promptly attended to by the airport doctor, found to be stable, and cleared to return home, accompanied by a colleague. Our team provided all necessary assistance to the guest throughout and extended a full refund for their flight," the airline said. It added: 'Due to a technical issue, the aircraft could not operate. All guests on the flight have been offered the option to reschedule to a later flight of their choice, or a full refund if they choose to cancel their booking. We sincerely regret the inconvenience caused.' This incident adds to recent scrutiny over operational hiccups faced by budget carriers in India, where rising passenger loads and tight aircraft turnaround times often push systems to the brink. While summer temperatures soar across much of the country, proper cabin climate control remains crucial—not only for comfort but for health. Air India Express, a low-cost subsidiary of Air India under the Tata Group, has been expanding routes and updating its fleet. Still, Tuesday's disruption highlights how even routine technical failures can cause cascading delays and distress, especially in a packed cabin on a hot evening.
NDTV
29-04-2025
- Politics
- NDTV
PM Narendra Modi To Chair Key Cabinet Panel Meet Today. Why It Is Significant
New Delhi: Prime Minister Narendra Modi will chair a crucial meeting of the Cabinet Committee on Political Affairs or CCPA -- the most important committee of the cabinet that has also been dubbed the "Super Cabinet". The meet comes after a round of meeting of the Cabinet Committee of Security - the next one is due on Wednesday -- following last week's shocking massacre of tourists in Kashmir's Pahalgam. After the first round of the CCS meeting, the government had announced a series of non-military measures against Pakistan, including the freeze on the Indus Waters Treaty, shutting of the Attari border and cancellation of visas. After another crucial meeting this evening with Defence Minister Rajnath Singh, National Security Advisor Ajit Doval, and Chief of Defence Staff General Anil Chauhan, PM Modi gave the armed forces "complete freedom to decide on the mode, targets, and timing' of India's military response to the Pahalgam terror attack," sources have said. In this backdrop, tomorrow's CCPA meet has raised speculation. The CCPA had met last after the terror attack in Jammu and Kashmir's Pulwama in 2019 to review the security situation and formulate counter-strategies. The meet had signed off on the withdrawal of the Most Favoured Nation status given to Pakistan. Later, on February 26, 2019, the Indian Air Force carried out the airstrike on terror camps in Balakot. CCPA's Function The CCPA reviews and decides on important political and economic matters of the country and meets on crucial occasions. The CCPA mainly considers the relations between the Centre and the states, especially when there is a need to form consensus. Discussions and decisions are made on economic policies and internal security issues that have political implications. It also helps with coordination between various ministries on issues that have far-reaching political consequences. Besides, the CCPA also discusses and decides on foreign policy issues that are likely to have an impact on the country's politics. Members of the CCPA The CCPA is chaired by the Prime Minister and includes Defence Minister Rajnath Singh, Home Minister Amit Shah, Road Transport and Traffic Minister Nitin Gadkari, Finance Minister Nirmala Sitharaman, Commerce Minister Piyush Goyal, Health Minister JP Nadda, Civil Aviation Minister K Ram Mohan Naidu, MSME Minister Jitan Ram Manjhi, Shipping Minister Sarbananda Sonowal, Environment Minister Bhupendra Yadav, Women and Child Welfare Minister Annapurna Devi, Parliamentary Affairs Minister Kiren Rijiju and Coal Minister G Kishan Reddy.
