"UNLOCK" · 총 95건
필터 보기현재 지수
50.3
0 = 부정 우세
50 = 중립
100 = 긍정 우세
최근 7일 기준 87,186건을 분석한 결과, 뉴스 심리지수는 50.2(균형)입니다. 긍정 4,360건(5.0%)·중립 80,682건(92.5%)·부정 2,144건(2.5%)이며, 중립 비중이 뚜렷하게 높습니다. 성향 지수는 종합 14.7(중도 균형)입니다.
The President told incoming spy chief, Bill Pulte, that the federal intelligence agencies and units he oversees is 'unnecessary and/or too big,'
Earlier today, in our forensic analysis of the SpaceX IPO, we said that according to BNP estimates, the company's inclusion into the S&P 500 some 6 months after the offering would unlock $13.4 billion worth of inflows. It turns out that that is not going to happen 6 months after the IPO. In fact, the earliest it may happen is 12 months after Friday's break for trading... and realistically well after that. That's because after the close today, S&P Dow Jones Indices said it would keep its existing eligibility requirements for main benchmarks…
Step into the temporary exhibition hall on B1 of the Shanghai Natural History Museum, and a field of all-black metal flowers appears to bloom in silence on one side of the gallery.
TOKYO, June 5 — An “extremely intelligent” bear that injured four people in northern Japan remains at...
NAIROBI, Kenya, Jun 5 — The Directorate of Criminal Investigations (DCI) has intensified investigations into the murder of Reverend Julius Ndumia Ngari and is now appealing to members of the public to help identify a key person of interest believed to possess crucial information that could unlock further leads in the case. In an update […]
The Federal Ministry of Youth Development (FMYD), in partnership with the International Institute for Tropical Agriculture (IITA), has launched the National Youth in Agribusiness Land Trust Fund (YiALTF). This initiative aims to improve land access and unlock opportunities for over 500,000 young Nigerians building sustainable agribusiness enterprises. Supported by First City Monument Bank (FCMB), the initiative […] The post FCMB supports FMYD-IITA Youth in Agribusiness Land Trust Fund appeared first on Vanguard News.
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Bike Share Toronto has introduced a weekly pass for the duration of the FIFA World Cup. The City Weekly Pass will provide seven days of unlimited 90-minute rides on the classic bikes for $40. E-bikes will be $1 to unlock plus 20 cents per minute. It will be available to purchase from June 1 to […]
Tech giants are shifting from solely providing computing power to distributing AI models, unlocking a lucrative new revenue stream.
For most investors, the focus is often on finding the right stock, entering at the right valuation, and identifying the next multibagger. Far fewer spend time understanding what may be the more difficult aspect of investing—knowing when to sell.Speaking at the ET Alpha Wealth Summit on Thursday on "The Art of the Exit," Rajiv Thakkar, CIO and Director at PPFAS Asset Management said that successful investing is not just about buying well but also about staying invested long enough for compounding to work. In fact, before discussing reasons to sell, he spent considerable time explaining why investors should avoid selling in the first place.According to Thakkar, one of the biggest mistakes investors make is selling because a stock has not moved for a few months.Also Read | ET Alpha Wealth Summit: Future alpha may emerge from neglected markets and asset classes, says Kalpen Parekh Investors often spend significant effort researching a company, understanding management quality, assessing industry prospects and evaluating valuations. Yet after purchasing the stock, many lose patience if prices remain stagnant for six months or a year.https://youtube.com/shorts/RiLj-X02NNE?feature=share"Investments are meant for wealth creation, not entertainment," he said, cautioning against treating investing like a source of excitement or constant action.Another common trigger for unnecessary selling is reacting to news flow. Markets are constantly bombarded with information—wars, elections, crude oil fluctuations, interest-rate decisions, capital flows and economic data. Investors who react to every headline often end up making poor decisions.To illustrate this, Thakkar recounted the story of an investor who received advance information about the severity of the Covid outbreak in early 2020. Acting on that information, the investor sold his technology stocks before the market crash. While the prediction turned out to be accurate, fear prevented him from re-entering the market, and he ultimately missed one of the strongest rallies in technology stocks.The lesson, according to Thakkar, is that even correct information does not necessarily translate into successful investment outcomes. Thakkar was particularly critical of the concept of "profit booking."Investors often feel compelled to sell simply because a stock has appreciated significantly. However, he argued that wealth is created by allowing successful investments to compound rather than by repeatedly locking in gains.Frequent buying and selling may benefit brokers, exchanges and tax authorities, but it often works against long-term investors. Hyperactivity in portfolios can destroy wealth by interrupting compounding and increasing costs.Similarly, investors should avoid selling because another stock appears more attractive. This "buyer's remorse" mindset frequently causes investors to abandon good businesses prematurely in pursuit of seemingly better opportunities."If you manage to find a genuinely good business with strong management, a large opportunity set and reasonable valuations, the best course of action is often to simply stay invested," he said.Thakkar emphasised that investors in taxable jurisdictions such as India should maintain low portfolio turnover whenever possible. Unlike institutional structures such as mutual funds or investors in tax-free jurisdictions, individual investors face taxes and transaction costs every time they trade. Excessive churn can significantly reduce long-term returns.For wealthy investors, family offices and HNIs, the ability to remain invested and minimise unnecessary transactions often becomes a major source of compounding advantage.Also Read | ET Alpha Wealth Summit: India could unlock a $5 trillion export opportunity through FTAs, says Saurabh Mukherjea While most reasons for selling are flawed, Thakkar identified several situations where exiting an investment becomes necessary. The most obvious reason is the need for capital. If an investor requires money for a business opportunity, acquisition or personal objective, selling investments may be entirely justified. More importantly, investors must be willing to acknowledge mistakes.If an investment thesis turns out to be wrong because of flawed analysis, poor due diligence or changing circumstances, the best course is often to exit quickly rather than averaging down endlessly.According to Thakkar, investors who recognise mistakes early frequently outperform those who identify good opportunities but refuse to sell losing positions. Capital trapped in poor investments cannot be deployed into better opportunities. Fraud, naturally, represents an immediate reason to exit.One of the more challenging selling decisions arises when industries face structural disruption. Questions such as whether newspapers can survive the internet, whether thermal power can coexist with renewable energy or whether traditional automobile manufacturers can adapt to electric vehicles rarely have straightforward answers.Thakkar suggested that investors should not react impulsively but should continuously evaluate incoming evidence. Investment decisions should be driven by facts rather than sentiment. If the underlying business continues to deteriorate because of technological or structural change, investors must eventually acknowledge reality and exit.At the same time, distinguishing genuine disruption from temporary noise remains critical. Exceptional businesses are not immune to becoming overvalued. Thakkar pointed to situations where valuations become so excessive that future growth is already fully reflected in stock prices. In such cases, taking profits, paying taxes and reallocating capital may be sensible.He also noted that investors may sell a reasonably valued investment if a significantly superior opportunity emerges elsewhere.During the question-and-answer session, investors raised concerns about stocks that stop performing despite sound fundamentals. Examples such as Maruti Suzuki, Bharti Airtel and even silver investments highlighted a common dilemma: should investors exit after years of gains and subsequent consolidation?Also Read | MF Tracker: Can ICICI Prudential Multicap Fund sustain its strong track record in a volatile market? Thakkar's response was that even excellent businesses can spend years moving sideways. Companies such as Hindustan Unilever, Infosys and Bharat Electronics have all gone through extended periods of stagnant share-price performance despite remaining fundamentally strong businesses.Investors should therefore distinguish between stock-price performance and business performance. As long as the underlying business continues to execute well, temporary market stagnation alone is not a sufficient reason to sell.For investors worried about selling too early, Thakkar recommended a phased approach. Instead of attempting to identify exact market tops, investors can gradually reduce exposure over time. For instance, if a stock appears significantly overvalued, an investor might sell a portion every month rather than exiting entirely in one transaction.This systematic approach helps manage the emotional difficulty of selling while reducing the risk of poor timing. Another important consideration is position sizing. Addressing a question about highly successful investments such as Nvidia, Thakkar noted that even outstanding businesses can become disproportionately large components of a portfolio.When a single stock grows from a small allocation into a dominant position, investors face a different risk—wealth preservation rather than wealth creation. His solution is gradual trimming. Investors can periodically reduce oversized positions to maintain comfortable portfolio weightings while still participating in future upside.This approach may not maximise returns, but it significantly reduces the risk of catastrophic losses and helps investors sleep better during periods of volatility.Thakkar concluded by stressing the importance of diversification and long-term investing. Most individuals create wealth through a single business, profession or sector. Their financial portfolios should therefore diversify away from that concentration rather than amplify it.Whether through mutual funds, retirement vehicles such as NPS, EPF and PPF, or diversified portfolios, investors should focus on owning inflation-protected assets for long periods. "The lower the churn in a portfolio, the greater the opportunity for compounding," he said.Ultimately, successful investing is not about perfectly timing every entry and exit. It is about avoiding unnecessary activity, admitting mistakes quickly, remaining patient with good businesses and ensuring that no single investment becomes large enough to threaten long-term financial stability.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@timesinternet.in alongwith your age, risk profile, and Twitter handle.
HDFC Mutual Fund has restricted lumpsum investments in its gold ETF and fund of fund - HDFC Gold ETF and HDFC Gold ETF Fund of Fund with effect from June 8 and June 5 respectively.The fund house informed its unitholders that it has decided to temporarily restrict lumpsum subscriptions in HDFC Gold ETF and HDFC Gold ETF Fund of Fund until further notice.Also Read | ET Alpha Wealth Summit: India could unlock a $5 trillion export opportunity through FTAs, says Saurabh Mukherjea In HDFC Gold ETF, subscription transactions by large investors directly with HDFC Mutual Fund (i.e. investing minimum Rs 25 crore) shall not be accepted from the effective date. In HDFC Gold ETF FoF, lumpsum purchases /switch-ins into the FOF shall be processed only upto a limit of Rs 10 lakh per PAN per calendar month (at first holder level). This limit shall apply in respect of transactions received after cut-off time (3:00 PM) on June 5.It further said that all other terms and conditions of the schemes will remain unchanged. This addendum shall form an integral part of the SID / KIM of the schemes as amended from time to time.Launched on December 28, 2022, HDFC Gold ETF had an AUM of Rs 69.72 crore as of April 30, 2026. In the last one year, the fund lost 4.01% and since its inception it has given a CAGR of 8.27%.Also Read | ET Alpha Wealth Summit: Future alpha may emerge from neglected markets and asset classes, says Kalpen Parekh HDFC Gold ETF FoF was launched on November 1, 2011 and had an AUM of Rs 11,464 crore as of April 30. In the last one year, it gave a return of 57.05% and since its inception it has given a return of 11%.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@timesinternet.in alongwith your age, risk profile, and Twitter handle.
The Minister pointed out that if half the new (two-wheeler and four-wheeler) vehicles are flex fuel-compliant, then India can unlock 311.8 crore litres of additional ethanol demand and ₹12,403 crore additional income for farmers
PETALING JAYA, June 4 — Malaysia has the potential to become a leading football nation in Asia if the Football Ass...
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IN November 1970, the Bhola cyclone killed up to half a million people in East Pakistan. Yahya Khan’s government introduced a 10 per cent surcharge to fund emergency relief. Bangladesh became independent 13 months later. The affected territory was gone. The levy remained. Zulfikar Ali Bhutto’s government absorbed the revenue into general federal accounts in 1972. No accounting was published. In 1985, Gen Zia introduced the Iqra surcharge, framed as an education fund. The revenue balanced federal operating accounts. No alternative education instrument replaced it when it was abolished under the IMF’s insistence. The template was set. Fifty years later, Pakistan has not deviated from this template. What began as a cyclone surcharge is now a Rs1.55 trillion instrument misclassified as non-tax revenue. The architecture is identical but the scale has changed. Pakistan has pursued this through two parallel tracks. The first collected resources in the name of disaster relief, later rebranded as climate resilience as floods became more frequent. The second imposed non-tax revenue through petroleum pricing. The petroleum development levy (PDL), a general development surcharge dating to 1961, was structurally insulated in 2010 to bypass provincial NFC sharing. It grew steadily, crossing Rs100 billion annually by the mid-2010s and exceeding Rs200bn by FY2018-19. Although never formally framed as a climate instrument, it has acquired a distinct environmental gloss, culminating in the climate support levy of 2026. The flooding track: The 1973 floods wiped out three million houses and erased a year of economic growth. Bhutto created the Federal Flood Commission. Three consecutive 10-year national flood protection plans followed, running from 1978 to 2008 across four governments, each funded through the PSDP with no ring-fencing. Pakistan suffered catastrophic floods throughout. Three decades of federal plans, without a rupee ring-fenced. No relief fund has ever been legally ring-fenced. Since 1992, when Nawaz Sharif’s government first activated the prime minister’s relief fund model, Pakistan has deployed the same instrument at least five times across floods and earthquakes. The design is deliberate: by classifying flood revenue as voluntary donations rather than taxation, governments simultaneously escape parliamentary scrutiny, judicial challenge and NFC distribution requirements. Benazir Bhutto deployed the identical model after the 1994 floods. So did every government after 2010. The 2010 floods affected 20m people and caused $43bn in damages. The government announced a flood relief surcharge projecting Rs40bn, collected it, and absorbed it into the federal consolidated fund while simultaneously negotiating IMF targets. After the 2022 floods, the government quietly renamed its existing super tax: Section 4B, whose stated purpose was rehabilitation of temporarily displaced persons, became Section 4C, a super tax on high-earning persons. The humanitarian justification was dropped without explanation. The revenue mechanism stayed the same. Three findings hold across every instrument. No relief fund has ever been legally ring-fenced: every prime minister, president and chief minister relief fund is credited to the account of the federation, making it general government money. International pledges substitute for domestic accountability rather than supplementing it. And every fund since 2005 has carried a public commitment to publish an independent audit. None has been published. Justice Saqib Nisar’s 2018 dam fund collected Rs11.5bn from the public in the name of water security, earned Rs2.2bn in mark-up over six years, and was quietly transferred to the public account of the federation in 2024 without a single rupee spent on the stated objective. If money raised under the highest judicial authority in the country can still end up in the general budget, no argument remains that any executive fund can be trusted to do otherwise. The petroleum track: Climate change has been weaponised as a justification to tax citizens. Gen Musharraf used clean-fuel rhetoric to justify development surcharges during the CNG transition without a single rupee being traced to a cleaner fuel outcome. In 2009, the Supreme Court under chief justice Iftikhar Chaudhry ruled that revenue collected without a verifiable service to the payer is a tax, not a surcharge, and that imposing it by executive notification violates Article 77. The response was the Petroleum Products (Development Levy) Amendment Act, 2009, that satisfied the court’s procedural requirement while eliminating any ring-fencing obligation. The consequences are calculable. At Rs1.55tr, the PDL represents 10-11 per cent of total federal revenue. Under the seventh NFC Award, provinces are entitled to 57.5pc of all taxes. If correctly classified, Punjab would receive Rs461bn annually, Sindh Rs219bn, KP Rs13bn and Balochistan Rs81bn. They receive zero. It is a tax called a levy because of the NFC Award. The classification is deliberate. PML-N elevated PDL margins in 2016 on the justification that the premium would fund cleaner fuel production. The revenue went instead to IPP capacity charge payments and circular debt service, which reached Rs1.14tr by FY2017-18. The revenue collected in the name of cleaner fuel financed the liabilities of a fossil-fuel-dependent power grid. The PTI then scaled the PDL to Rs424bn, the highest in Pakistan’s history, while branding it a carbon instrument aligned with its Ten Billion Tree Tsunami project. In March 2022, it froze the levy at zero for political reasons. The IMF suspended a $1bn tranche within weeks. A climate-labelled levy had become a macroeconomic emergency. Across 23 programmes since 1958, the IMF has required Pakistan to enhance the PDL without requiring it to distribute the revenue constitutionally. The way forward: Can the PDL be ring-fenced or audited? Ring-fencing 15pc of PDL collections into a sovereign climate fund (SCF) would deploy Rs232bn annually, shared with provinces under the NFC Award and structured as a statutory trust. Following global benchmarks, it can leverage private investment at a ratio of one to four, unlocking approximately Rs900bn in total climate finance conditioned on climate resilience outcomes aligned with Pakistan’s commitments. The IMF objection is predictable but answerable. The SCF does not reduce total PDL collections. Tabled in the next programme negotiation as a structural benchmark rather than a provincial concession, the IMF’s incentives align with the reform rather than against it. The question is not whether Pakistan can create such a fund. It is whether any government is willing to surrender a revenue stream that it has prized too much to ring-fence. The writer is a climate expert. Published in Dawn, June 4th, 2026
New fear unlocked: the flesh-eating maggot that happily burrows inside livestock, wildlife, and yes, even humans, eating its prey from the inside out a little too close to home, especially for Texans. The New World screwworm is a type of fly that feeds off wounds — and a potential case in South Texas is now ...
ISLAMABAD: The state-owned Oil and Gas Development Company Limited (OGDCL) on Wednesday said it made a significant oil and gas discovery from its exploratory well Bobi Deep-1, located in Sindh’s Sanghar district. The company is the country’s largest oil and gas producer and, in April this year, began commercial production from Pakistan’s largest-ever oil and gas discovery from a single well. In a statement issued today, OGDCL said the well successfully tested the Massive Sand interval of the Lower Goru Formation and produced 2,000 barrels of oil per day (bpd) and 1.1 million standard cubic feet of gas per day (mmscfd) through a cased-hole Drill Stem Test (DST), confirming the hydrocarbon potential of the reservoir. A Drill Stem Test (DST) is a temporary well-completion procedure used in oil and gas exploration to assess the pressure, permeability and production potential of a geological formation. It helps determine whether a well has encountered a commercially viable reservoir without the need for costly permanent casing. “The achievement marks a major milestone for OGDCL as the first hydrocarbon discovery from the Massive Sand play within the Bobi and Dhamraki Mining Lease,” the company stated. “Beyond the discovery itself, the success has opened a new exploration window in the area, de-risking similar prospects in the surrounding region and creating opportunities for future reserve additions and resource growth,” said the oil company. The discovery is particularly significant because the project had previously encountered complex subsurface challenges that led to the suspension of drilling operations. “Rather than abandoning the prospect, OGDCL relied on indigenous expertise and adopted an innovative approach to address the issue,” it said. A multidisciplinary team of geoscientists and engineers collaborated with the Centre for Pure and Applied Geology at the University of Sindh, Jamshoro, to investigate the formation through advanced geophysical surveys, subsurface studies and field evaluations. The joint effort led to the development of a comprehensive geological and geophysical model, enabling OGDC to de-risk the prospect and resume operations. Multiple engineering safeguards, specialised civil works and extensive technical evaluations were carried out before the drilling rig was redeployed and the target depth successfully reached. “The exploratory well Bobi Deep-1 success story stands as a testament to indigenous innovation, technical excellence and industry-academia collaboration. It demonstrates how local expertise can successfully resolve complex operational challenges and unlock new hydrocarbon resources for the country,” the company said. “The discovery is expected to contribute towards enhancing Pakistan’s indigenous oil and gas production, strengthening national energy security, reducing reliance on imported energy and augmenting the hydrocarbon reserves base of the country,” it concluded. Last April, OGDCL announced the successful revival of oil and gas production from Chak#2-2 well, a joint venture in the Sinjhoro Block in Sanghar. The Sinjhoro Block comprises OGDCL as the operator with a 62.5 per cent working interest, alongside Government Holdings (Pvt) Ltd (GHPL) with 22.5pc, and Orient Petroleum Inc. (OPI) holding a 15pc share.
‘In a really simple way, this photo captures that intense colour and joy of being at the seaside with your loved ones’ Our British seaside has such a distinctive look; the bingo halls, the buckets and spades and pinwheels, and all the amazing colours of the funfairs. I find them the most amazing environments. I love that visually super-charged, maximalist style. The seaside is nostalgic to all of us. My grandpa lived in Pembrokeshire and we’d go and see him when I was little. The beach provokes this childlike sense of wonderment. It is a space that anyone can be a part of, friends and family, whatever age, whatever background. It unlocks the connection to nature, which inspires freedom and fun. There are not really any rules, and it’s playful – the funfairs, the arcades, splashing in the water. We don’t have many outlets for play, especially as adults. Continue reading...