Frosty’s Ledger

Active vs passive small-cap mutual funds: How wide is one-year return gap? Don't assume index schemes always lag

Active and passive small-cap funds follow different investment approaches, even when they are linked to the same benchmark. Their 1-year returns show a notable divergence, while differences in portfolio construction offer clues to what may be driving the gap.

Mint·BusinessLineYesterday 8:07 PM

• What is Passive Investing? How’s it different from putting your money through active investments? ExplainedMint
• Diversified equity mutual funds: Which top 5 schemes have outperformed their category over 3 years?Mint

Mounting rate hike bets keep weekly loss in sight for gold

Reuters·ETYesterday 11:58 PM

• Gold price outlook: MCX gold slips for the week as US Fed rate hike bets rise; what’s next for the yellow metal?Mint
• Nifty posts seventh straight weekly loss, crude and global yields keep bulls at bayBusinessLine

Augmont Enterprises empanelled by NSE to promote Electronic Gold Receipts

Partnership aims to support EGR creation and extinguishment and promote trading in electronic gold receipts…

BS·BusinessLine3:04 PM

FIIs unlikely to return in large numbers without new growth engines in India: Bernstein

Foreign Institutional Investors are expected to remain cautious regarding Indian equities over the coming year. A report indicates that significant foreign investment will depend on India's competitiveness in various sectors.

ET·BusinessLine12:03 PM

Trump-Xi Summit Yields Coal-Buying Pledge As Tariff Talks Extend

The agreements come after Donald Trump and Xi Jinping held a summit in Washington this week to stabilize ties between the world's two largest economies.

NDTV Profit·Bloomberg8:10 PM

• Trump and Chinese president Xi end summit without major agreement on AIGuardian
• Arming Taiwan an important US interest, Taipei official says after Trump-Xi summitReuters

Stocks to Watch

What we want to see next week from one of Jim Cramer's 6 stocks to buy

Micron has all the leverage heading into earnings as memory supply constraints persist. But how long will this favorable cycle last?

CNBC1:10 AM

• Stocks to buy for long term: Vedanta Iron and Steel, Vedanta Oil and Gas or Vedanta Power: Which is better? Target, SLMint
• Sumeet Bagadia's stock picks for Monday — Mahindra And Mahindra, Asian Paints, HCL Tech | Target, SL, market outlookMint
• Stocks to buy under ₹200: Tata Steel, South Bank, Castrol by Mehul Kothari of Anand Rathi | Target, SL, market outlookMint
• Stocks to buy: Macquarie initiates Outperform rating on these 4 capital market stocks. Do you own any?ET

RBI bulletin: India's financial, external sectors continue to draw strength from resilient domestic economy

India's economy is showing resilience despite global uncertainties and high geopolitical tensions affecting financial markets, RBI's bulletin said. Crude oil prices have sharply increased due to escalating conflicts in West Asia, prompting concerns over inflation.

ET·Mint·Fin. Express3 papersYesterday 11:21 PM

• Economy resilient with downside risks from West Asia conflict: RBI bulletinThe Hindu

Over 10% economic growth possible for India: Finance Minister

To achieve this, the country must put greater effort into growing multiple sectors, including startups, using technological innovations…

The Hindu·ET6:50 PM

Maharashtra declares drought in 265 talukas, announces relief measures

The Maharashtra government on Saturday declared drought in 265 of its 358 talukas, or 74 per cent of the state, amid rainfall deficit and announced relief measures, including crop loan restructuring, land revenue concessions, and power bill subsidies.

BS·BusinessLine6:25 PM

• Maharashtra declares 74% of talukas drought-affected as rainfall deficit widensMoneycontrol

FM Nirmala Sitharaman sets 10%+ growth target, pushes back against suggestion on ‘missed AI bus’

The start-up ecosystem, which has scaled sharply since 2015, offers evidence of the momentum needed to push growth higher, she said…

BusinessLine8:33 PM

• India hasn’t missed AI bus as some foreign media perceive: FMThe Hindu

DHL Express to raise shipment charges by 8.9pc in India starting January

DHL Express will increase its shipment charges in India by 8.9 percent starting January 1. This adjustment is necessary to address rising costs due to inflation and currency fluctuations.

ET·BusinessLine1:27 PM

Kohli says 2027 World Cup will be his last for India

Reuters·Fin. Express2:57 PM

What if your car’s fuel bill felt like ₹25 petrol? The hybrid tech behind Gadkari’s 100% ethanol car pitch

Nitin Gadkari advocates for ethanol-powered cars, highlighting their comparable costs to petrol at ₹25 per litre.

Mint·ET9:07 PM

• Ethanol can help raise farmers' income and reduce fuel imports: GadkariBusinessLine

Housing sales fall 6% to 103K units across top 9 cities in Q3: PropEquity

Housing sales fell 6 per cent to 1.03 lakh units in the July-September quarter across nine major cities, mainly due to subdued demand and lower fresh supply of homes, according to PropEquity. Global economic uncertainties also contributed to muted buying sentiments.

BS·ET·Moneycontrol3 papers12:05 PM

Should you buy PB Fintech, Turtlemint after nearly 40% crash in two days?

Seven of the 11 listed insurance companies fell 1-8 per cent, resulting in a net erosion of about ₹9,800 crore in market capitalisation, post IRDAI’s consultation paper release on September 23…

BusinessLine10:16 PM

• F&O Talk: 23,270 is a key Nifty hurdle; Sudeep Shah picks 5 stocks, discusses PB Fintech, Turtlemint strategyET
• Irdai's proposed commission cuts threaten PB Fintech's online economicsBS

India orders captive coal plants to maximise power output on surging demand

Reuters·ET12:17 PM

• Centre orders captive coal plants to run at full capacity from Oct 1BS
• Govt weighs mandatory blending of imported coal at power plants, sources sayThe Hindu

PSU banks waive ATM charges for customers during three-day bank strike

Employee unions at RBI supported the strike call and objected to RBI asking banks to remain open on Sunday…

BS·MoneycontrolYesterday 7:35 PM

• No ATM charges, banks to operate on Sunday: What initiatives did Centre take to minimise disruptions during 3-day strikeMint
• Banks advise customers to complete essential transactions ahead of 3-day strikeET

NCLT clears Sesa Care-Dabur India merger, paving way for integration

The tribunal's approval clears a key step in the transaction announced in October 2024, with Dabur looking to expand Sesa Care using its distribution network…

BS·Mint·BusinessLine3 papersYesterday 8:15 PM

Supreme Court restores Trump's mass voter verification system — What does it mean ahead of US midterm election?

Justice Ketanji Brown Jackson pointed to US District Judge Sparkle Sooknanan’s findings that legal voters were having their registrations revoked or questioned.

Mint·Reuters7:00 AM

• Donald Trump approval rating is swinging down big time among White voters in 6 states, including Republican stronghold Texas ahead of November mid-term elections 2026ET
• US midterm elections just weeks away, but these two frontrunners could be leading their parties in 2028 presidential primariesET

Bangkok flood ‘disaster’: Heavy rain causes havoc; Homes, shops and roads are waterlogged | Watch

Bangkok has declared a state of disaster due to unprecedented rainfall of 487mm this September. Flooding affected 21 provinces, resulting in one death and widespread damage.

Mint·BBC5:34 PM

• Scary Visuals! Bangkok Declares All 50 Districts Disaster Zones As Heavy Rain Triggers Flooding — Check VideosNDTV Profit
• New York, New Jersey, Boston, New England, Delaware, Long Island, Rhode island face flood, heavy rains, strong winds, flight cancellations, disrupted transport services, thousands without electricity in U.S. East CoastET

White House bars CNN from travelling with Trump on Air Force One

CNN was scheduled to fly with US President Donald Trump for his trip to Tennessee on Saturday.

BBC·Reuters10:39 AM

• Trump administration rescinds Congressional spending: White House adopts 'pocket rescission' technique to bypass U.S. Congress. All about latest feud over budget before November Mid-term elections 2026ET
• CNN left off Air Force One as Trump admin signals new media restrictionBS

Blast in Pakistan's Dera Ismail Khan kills 11, injures 30

Reuters·Moneycontrol5:37 PM

• Suicide attack in Pakistan kills 12, injures 30 amid rising militant violence: Pakistani Taliban claims responsibilityMint
• Pakistan suicide blast at police post kills 11ET

China pushes back against US on Iran and Cuba in UN speech

Reuters·ET10:20 PM

Trump shares Pak PM's UN speech thanking him for 'intervention' in 2025

US President Donald Trump has shared on social media a video clip of Pakistan Prime Minister Shehbaz Sharif's speech at the United Nations, where he thanked the American leader's "timely intervention" in halting Operation Sindoor.

BS·Moneycontrol9:33 AM

• Pak PM raises J&K issue at UNGA, credits Trump for 'intervention' in 2025BS
• Pak PM Shehbaz Sharif flags growing Islamophobia in UN address, says Hindutva ideology fuels religious...Moneycontrol

OpenAI's models accessed US govt websites including US census and SEC data

The company said its models accessed publicly available data from Census and SEC websites as it investigates incidents involving AI systems bypassing security controls…

BS·Reuters·Moneycontrol3 papers8:53 AM

India’s semiconductor ecosystem likely to see gradual value creation over next 3-5 years: Report

India’s semiconductor ecosystem is likely to move through project commissioning, customer qualification and yield stabilisation over the next three to five years, with localisation of recurring inputs and higher-value packaging expected to follow, according to a…

Mint·BusinessLine11:04 PM

The blue-collar AI job market is booming. Will data center backlash make it go bust?

The public has soured on AI data centers and states are slowing development, but for HVAC, plumbing, welding, and electrical workers, it's been a jobs boom.

CNBC7:46 PM

• China wants in on U.S. AI data center boom. Here's whyCNBC
• Data center IPO hopefuls brave tougher market as investor scrutiny growsET

U.S. appeals court upholds Pentagon designation of Anthropic as supply chain risk

In a 2-1 decision, a federal appeals court upheld the Department of Defense's blacklisting of Anthropic.

CNBC·ReutersYesterday 10:49 PM

• Trump-Xi summit: What US-China trade truce means for India’s economy, supply chainsFin. Express

Best of BS Opinion: Don't hang the ECI just yet, make it work efficiently

From electoral-roll revisions and Telangana politics to institutional trust and the business of spirituality, today's opinions examine governance, political strategy and consumer communities…

BS6:15 AM

The Guardian view on Trump and Xi: a show of friendship, but no real attempt to address the tensions | Editorial

The Chinese leader’s visit to Washington appears to have done nothing to shift the stalemate in bilateral relations Within days, two high-profile Chinese visitors will arrive in the US – envoys of friendship, as Xi Jinping described them when he met Donald Trump at the…

GuardianYesterday 10:23 PM

It’s not hypothetical: the dangers of AI are already here | Granate Kim and Mohamed Hussein

Israel and the US have used AI to kill in Gaza and Iran, while law enforcement uses it in surveillance and arrests. The future is here In recent weeks, concerns about AI have forged unlikely alliances in the tech and policy worlds.

GuardianYesterday 5:30 PM