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CID cautions against ponzi schemes as investors continue to transact with Shivam Associates

Awareness about the illegality of such schemes and the dangers posed by them is necessary to protect people’s interests: Bheemashankar Guled

YSRCP alleges political protection to accused in Molakalacheruvu fake liquor case

Chief Minister Chandrababu Naidu felicitated the return of TDP leader Jayachandra Reddy to India after securing legal relief in the case, alleges Karumuri Venkata Reddy

Elderly woman injured while trying to protect dog from leopard attack

Human Activities Killed 1,653 Elephants In India Since 2009: Report

Study finds 1,653 elephants in India died from human causes since 2009, mainly electrocution and train hits, as habitat loss and conflict rise, experts urge stronger protections.

World’s hottest market has Korea bulls reaching for protection

A wave of optimism over South Korean stocks is giving way to growing caution, as some investors hedge positions and pare back crowded trades on concerns that the rally has run too hot, too fast.Hedge fund Golden Horse Fund Management has trimmed exposure and added derivative protection, while M&G Investments has cut memory and foundry holdings to broaden out down the AI supply chain. A Bloomberg Intelligence analysis of options on the iShares MSCI South Korea ETF shows investors seeking protection against a decline. The fund tumbled 14% Friday in the US.The moves highlight the challenge facing global money managers. While investors remain upbeat about Samsung Electronics Co. and SK Hynix Inc., the two chip giants that powered Kospi’s more than 90% rise this year, many are becoming pickier about where to put new money and keeping cash ready for opportunities elsewhere.Friday’s selloff in US tech stocks, driven by fears of higher interest rates, shows how quickly popular trades can unwind once sentiment shifts. That risk could spillover into Korea once local markets open.“We’ve been trimming gross exposure at the margin and layering derivative protection over the last few weeks,” said Yi Ling Ong, managing partner at Golden Horse Fund. Several large IPOs, including a SpaceX listing this month, could lead to rotation as funds raise cash to participate, making it “prudent to hold some dry powder,” she said.131561937Over the past year, Korean stocks captured global attention as a combination of the AI boom and the government’s successful corporate reform propelled the index to new highs. Strong earnings potential continues to underpin bullish sentiment, but the extended rally has led to crowding in a few major players, leaving the market vulnerable to abrupt reversals. The benchmark tumbled 7% at one point on Friday.The caution is showing up in the derivatives market.“The debate isn’t whether the Kospi story remains attractive — it’s how to stay invested without giving back a portion of the gains,” said Tanvir Sandhu, global chief derivatives strategist at Bloomberg Intelligence. Options activity in the EWY ETF suggests investors are becoming more cautious, with demand shifting from upside exposure to downside protection, he said.Some investors are looking for opportunities beyond Samsung Electronics and SK Hynix, whose meteoric rise propelled them into the $1 trillion valuation club and helped Korea briefly overtake India as the world’s sixth-largest stock market.“The alpha lies lower down the value chain — in the picks-and-shovels of the picks-and-shovels,” said Vikas Pershad, portfolio manager at M&G, referring to companies that benefit from spending on AI infrastructure without being at the heart of the trade.Not Bearish To be sure, the rotation doesn’t signal investors turning bearish on Korea. Valuations remain cheaper than in rival tech hub Taiwan and investors say the market still offers one of the strongest AI-linked stories in global equities. At 8.6 times forward earnings, the Kospi trades below its five-year average of 10 times and is much cheaper than Taiwan’s benchmark, which trades at about 20 times, data compiled by Bloomberg show.Earnings upgrade cycle has also started to broaden. Excluding Samsung and SK Hynix, the rest of the Kospi is now expected to deliver more than 50% profit growth this year, up from just 20% in January, according to Golden Horse Fund. 131561965“The speed of the rally has been vertiginous but in this type of market I would rather let the rally continue,” said Rajeev De Mello, global macro portfolio manager at Gama Asset Management SA. “Exiting now will make it very difficult to re-invest later if the market doesn’t correct.”Still, foreign outflows have become a concern. Global funds have pulled a record $76 billion this year, selling in every session over the past month. While part of the retreat is due to technical limits on single-stock holding, the selling has been absorbed by more fickle retail investors — a dynamic that may heighten volatility.At the same time, some investors are growing wary of rising retail leverage. The concern is that popularity of leveraged ETFs and the planned weekly single-stock options could amplify swings in an already-volatile market. While the products are “really interesting” and show retail participation is growing, they also leave the market “in somewhat of a precarious position in case of a reversal,” Stephane Martin, head of derivatives institutional sales for Asia at Optiver, said at a panel discussion at Bloomberg’s Volatility Forum last week. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

Bapatla SP distributes protective kits to traffic police personnel, aims for 20% accident reduction

Court protecting rights only for those who can litigate not fulfilling constitutional function: CJI

Court protecting rights only for those who can litigate not fulfilling constitutional function: CJI

Demonstrate commitment for environmental protection through impactful action: Ponnam Prabhakar

Shilpa Shinde’s false harassment allegation row: AICWA urges legal action against the actress

The All India Cine Workers Association (AICWA) has expressed disappointment after actress Shilpa Shinde admitted to making false sexual harassment allegations against a producer. AICWA urged the Maharashtra Chief Minister to take strict legal action, emphasizing the severe damage false accusations can inflict and the need to protect genuine victims.

Trump Calls For Military To Accelerate AI Use While Protecting Americans

The Defense Department has already been accelerating its use of AI in recent years.

Pocket-friendly packets: Why Indians are swapping big snack packs for smaller ones

Consumers are increasingly opting for smaller pack sizes of everyday goods, from edible oils to soaps, as rising costs strain monthly budgets. This shift, driven by economic stress and geopolitical factors, is leading FMCG companies to reduce grammage in popular low-priced packs to maintain affordability and protect profit margins.

Great Nicobar Project isn't about defence: Rahul Gandhi

Congress MP Rahul Gandhi released a video of his Nicobar visit, calling the Great Nicobar Project a "lie" and alleging it benefits a businessman for hotels and casinos. He initiated an online petition, "we choose green over greed," urging Indians to protect the island's ecosystem and tribal communities from destruction.

From tax waivers to free hedges, RBI & govt join hands to boost Rupee

Government and RBI have launched new measures to attract foreign investment in bonds and bank deposits. These initiatives aim to boost inflows by easing regulations and offering currency protection. The rupee strengthened significantly following the announcements, with potential for substantial retail deposit growth. Tax exemptions for foreign investors on government securities are also in place.

Government ready to take more measures to insulate economy

The Indian government is preparing further policy steps to protect the economy from the West Asia conflict. These measures will ensure sufficient availability of goods and raw materials. The focus is on stabilizing the Indian currency and foreign exchange flows. Additional measures will be announced as needed. The government is closely monitoring trade deficits and potential impacts on subsidies.

CM promised to implement recommendations of J.B. Koshy Commission: Kerala Region Latin Catholic Council

Satheesan, who met a KRLCC delegation, assured that the land rights of the residents of Munambam would be protected

BJP to plant one million palmyra saplings, protect toddy tappers

Madhav says the party will promote palm-based livelihoods and push for Neera production centres to generate employment

Environmental protection must go beyond symbolic gestures: Minister O.J. Janish

State-Level Celebrations of World Environment Day inaugurated in Thrissur; Minister lays foundation for Butterfly Eco Park

Nirmala Sitharaman calls for people’s movement to protect environment

Participating in the ‘Ek Ped Maa Ke Naam’ plantation programme organised at Chikkajogihalli village in Kudligi taluk on the occasion of World Environment Day, the Finance Minister said the prosperity of humanity depended on preserving nature, wildlife and greenery.

Corbett Tiger Reserve to ban plastic water bottles across all zones from October

Corbett Tiger Reserve will replace plastic water bottles with reusable glass bottles from October to reduce waste and protect its fragile ecosystem.

T.N. government firm on protecting State’s quota of medical seats: Health Minister Arunraj

Dr. Arunraj’s statement came in response to Leader of the Opposition Udhayanidhi Stalin, who sought the immediate intervention of the Chief Minister to prevent 152 vacant super-specialty medical seats from being surrendered to the All India Quota