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Arudha SIF, by Bandhan Mutual Fund, has announced the launch of its maiden SIF strategy, - Arudha Hybrid Long-Short Fund, an interval investment strategy aims to deliver optimal returns with a focus on risk management and post-tax efficiency. The strategy intends to allocate up to 65% in short to medium term debt and money market instruments while maintaining a minimum 35% allocation to fully hedged, market-neutral equity positions. Commenting on the launch, Vishal Kapoor, CEO, Bandhan AMC Limited, said, “Arudha Hybrid Long-Short Fund has been designed for sophisticated investors such as HNIs, institutional investors, family offices, etc., looking for optimal…

The dollar declined and U.S. equity futures fell on Monday following comments from Federal Reserve Chair Jerome Powell about threats from the Trump administration regarding a potential criminal indictment, raising concerns over the Fed's independence. The Swiss franc strengthened by 0.4% to 0.7979 per dollar, and the euro rose 0.17% to $1.1656, although traders noted uncertainty regarding the implications for interest rates. Fed funds futures indicate a slight increase of about three basis points in expected interest rate cuts this year, suggesting a potential for the Fed to act more aggressively. Gold prices reached a record high of over $4,600…

Marwadi University will host the upcoming Vibrant Gujarat Regional Conferences (VGRC) from January 11 to 12, 2026, as part of the Government of Gujarat’s efforts to boost global engagement and investments across the state. The conference will focus on strengthening the education ecosystem and supporting economic growth in Gujarat. The university has proposed a ₹1,000 crore investment MoU to the state Education Department. The plan includes new academic infrastructure, advanced laboratories, modern sports facilities, upgraded hostels, and a 10,000 sq ft innovation centre for start-ups. A separate academic block will also support continuing education for working professionals and entrepreneurs. VGRC…

Thirteen national shooters from Bhutan have begun a two-week high-performance training camp in Siliguri, West Bengal, under the India–Bhutan cooperation framework. The programme, scheduled from January 7 to 20 at Olympian Jitu Rai’s Shooting Academy, is being seen as a strategic investment in sporting excellence, aimed at improving Bhutan’s competitive standing at the international level. The initiative is funded through the Indo-Bhutan Partnership Programme, reinforcing New Delhi’s Neighbourhood First policy, which extends support across infrastructure, education, health, and sports. The Indian Embassy in Bhutan said the collaboration reflects strong bilateral engagement in youth and sports development. The Bhutan Shooting Federation…

Renault India has announced that the upcoming new Renault Duster SUV has completed over 1 million kilometres of testing across three continents, covering temperatures from –23°C to 55°C. The company said the SUV was tested in a wide range of difficult environments to ensure strength, safety and long-term durability for real-world road conditions. The Duster also proved its capability in high-altitude terrain, including Leh-Ladakh, where it completed a test run at Khardung La at 18,379 feet, one of the world’s highest motorable passes. Renault said the vehicle went through dust tunnel testing, water-wading, steep climbs, city traffic drives and highway…