Latest news with #Parag
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Business Standard
4 days ago
- Business
- Business Standard
Balanced Advantage Funds: Ensure fund's strategy matches your risk appetite
Conservative investors should prefer a valuation-based approach, while those with a higher risk appetite should go for a fund focused on momentum premium Himali Patel Mumbai Listen to This Article HDFC Balanced Advantage Fund (BAF) recently crossed Rs 1 trillion in assets under management (AUM), becoming the second actively-managed scheme after Parag Parikh Flexicap to reach this milestone. The balanced advantage category (also called dynamic asset allocation funds) is also approaching Rs 3 trillion in assets. It had assets worth Rs 299,506 crore on May 31, according to the Association of Mutual Funds in India (Amfi). Why investors are drawn to BAFs Balanced advantage funds dynamically adjust equity and debt allocation in response to market conditions. 'This flexibility lets investors participate in market growth while the fund aims to manage downside risks,
West Australian
4 days ago
- Business
- West Australian
New-look board tins up EV Resources for Mexican antimony tilt
EV Resources is doubling down on its high-grade Los Lirios antimony mine in Mexico, with a revamped board and a fresh round of funding to fast-track the project towards production. The company has welcomed two seasoned mining veterans to its board, with Shane Menere stepping in as non-executive chairman and Justin Werner joining as a non-executive director. The incoming heavyweights have opened their shoulders – and their wallets – to invest $200,000 total in a $650,000 capital raise, affirming their belief in the company and its flagship – and now sole - project. Menere is a mining entrepreneur with a quarter century's worth of experience, including his current role as founder and chief executive officer of ASX-listed explorer Far East Gold. Meanwhile, Werner currently steers the ship at the world's largest listed pure nickel producer, Nickel Industries. As managing director, he has taken the company to a $3 billion market cap and some 130,000 tonnes per annum of nickel output. The pair's arrival sees Luke Martino shift from chairman to non-executive director, ensuring continuity as EVR sharpens its antimony strategy. The new directors have also elected to receive their salaries as shares, allowing for all-important funds to be focussed on bringing Los Lirios into immediate production while antimony prices are at all-time highs. As remuneration, Werner and Menere will receive 20 million shares and 20 million options each at a 0.3 cents excise price with a one-year expiry, pending shareholder approval. The funds will fuel the restart of Los Lirios, a 1652-hectare project in Oaxaca, Mexico, which has three historical small open pits. EVR holds a 70 per cent stake in the project. Los Lirios has climbed the ranks to become EVR's cornerstone and sole asset. The historical open pits and underground workings delivered high-grade antimony ore until the 1970s, returning assays as high as 62 per cent and 62.99 per cent antimony. The company has 30-kilogram bulk antimony samples undergoing ore characterisation to pave the way for gravity-based recovery tests. With talks underway for a pilot processing plant, EVR is eyeing a rapid production restart to capitalise on antimony's soaring demand, driven by China's export bans and its critical role in semiconductors, ammunition and solar panels. To streamline its focus, EVR made a tough call to relinquish its former flagship Parag copper-molybdenum porphyry project in Peru. Despite stellar drilling results, such as 18 metres at 1.7 per cent copper and 0.4 per cent molybdenum from 11m. The board deemed Parag's funding needs were too hefty for the current market conditions and instead opted to conserve cash and channel resources into Los Lirios' near-term potential. The company has recently made several divestments, such as the Yanamina gold-silver project, which it sold for up to $9.3 million and quickly flipped its Coyote Creek antimony project for a $450,000 profit. The deals have armed the company with the cash and future payments it needs to advance its Mexican mine to regional prominence. While EVR cautions that exploration and development risks remain, including uncertainties around mineralisation economics and financing, the new board's pedigree and strategic focus signal a clear intent. With drill bits ready to spin and a pilot plant in sight, EV Resources is shaping up as a near-term player in a red-hot antimony market. Is your ASX-listed company doing something interesting? Contact:
Time of India
6 days ago
- General
- Time of India
Air India crash took 5 lives from one family. Cousin's message will break you: 'The world is already moving on, but ours...'
Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Social media reacts A devastating aviation tragedy struck on June 12 when a Boeing 787-8 Dreamliner crashed shortly after takeoff near Ahmedabad's Meghani Nagar area, claiming 241 lives out of the 242 people on board. In mere moments, families were shattered, dreams cut short, and futures lost forever. Among those on the ill-fated flight was an entire family—Komi Vyas, her husband Pratik Joshi , and their three young children, whose story has since emerged as an unimaginable a heart-wrenching interview with Humans of Bombay , Parag Mehta, cousin of Komi Vyas , opened up about the moment that shattered his world and the days that have followed began with a phone call—his Maasi nervously asking if Komi was on the flight they were reporting on TV. Parag's heart dropped as he scanned the list of passengers. One by one, the names confirmed his worst fears: Komi Vyas, Pratik Joshi, Miraya Joshi, Parduyt Joshi, and Nakul Joshi. All five were on that ill-fated to Parag, a doctor couple, Komi and Pratik, were preparing to start a new chapter in London with their children, 8-year-old Miraya and 5-year-old twins. Pratik had already been working in the UK, and they had spent weeks packing up their life in India, carrying hopes of a brighter future. Just an hour before takeoff, Komi had shared a cheerful family selfie in the group chat—her last the country watched the news in shock, Parag stood outside a TV screen, unable to stop pacing, unable to breathe. His mausa ji was already at the crash site, but no trace of the family was found. The official confirmation came soon: there were no survivors. But even in the aftermath, the pain did not end. Days passed, and while the remains of Pratik and the children were identified, at the time of the Instagram post, Komi Vyas's remains were not identified. The family has been living in a haze, sleepless and broken. DNA samples were submitted. 'She was the family's sweetest daughter', Parag are deeply moved by the tragedy, expressing that the loss feels intensely personal despite not knowing the victims. Many shared that the incident has left a lasting impact, with emotions ranging from heartbreak to helplessness. Several users spoke of the pain and sorrow they felt while reading about the family, with some saying the story gave them goosebumps. Others extended heartfelt prayers and wished the bereaved family strength to endure the unimaginable loss.
India.com
12-06-2025
- Sport
- India.com
Riyan Parag named captain for THIS overseas tour, know when the five-match ODI series will begin
Riyan Parag. New Delhi: Assam Cricket team, captained by Riyan Parag, is scheduled to take part in a five-match One Day International series against Namibia beginning June 21. The series will also provide a major chance to the players of both sides to attain international experience. Riyan Parag, who captained the Rajasthan Royals in the 2025 IPL, has been appointed captain of the Assam cricket team. The Assam squad features a blend of promising young players and established domestic performers such as Denish Das, Akash Sengupta, and Parvej Musaraf. Namibia, captained by Gerhard Erasmus and featuring key all-rounders JJ Smit and Jan Nicol Loftie-Eaton, will host the Assam Cricket Association for a five-match, 50-over series in Windhoek at the FNB Cricket Ground. This follows recent Namibian series against other Indian domestic teams, Punjab and Karnataka. Assam and Namibia will play five one-day matches on June 21, 23, 25, 27, and 29. In the 2025 IPL season, Parag contributed 393 runs across 14 matches for the Rajasthan Royals, averaging 32.75 and maintaining a strike rate of 166.53. He also filled in as captain on several occasions when Sanju Samson was injured. One of the standout IPL 2025 matches was played by Parag against the Kolkata Knight Riders where he scored 95 runs off 45 balls. This comprised a five-six over, just showing his brilliance in hitting. Although his cricketing career is not limited to the IPL, Parag has been consistent in the other domestic Indian formats. His first-class achievements comprise of 2042 runs in 33 matches during which his List A accomplishments are 1735 runs in 50 matches and 53 wickets. Moreover, his T20 career reflects the all-round performance of 3115 runs and 48 wickets in 137 matches. Assam's squad: Riyan Parag (C), Denish Das, Pradyun Saikia, Rahul Hazarika, Rishav Das, Sibsankar Roy, Subham Mandal, Akash Sengupta, Amlanjyoti Das, Kunal Sarma, Mrinmoy Dutta, Parvej Musaraf, Swarupam Purkayastha, Abhishek Thakuri (WK), Anurag Talukdar (WK), Ruhinandan Pegu (WK), Sumit Ghadigaonkar (WK), Avinov Choudhury, Bhargav Dutta, Darshan Rajbongshi, Dipjyoti Saikia, Mukhtar Hussain, Rahul Singh, Sidharth Sarmah Namibia: Gerhard Erasmus (C), Jan Frylinck, Malan Kruger, Nikolaas Davin, Dylan Leicher, Jan Nicol Loftie-Eaton, JJ Smit, JP Kotze (WK), Lohan Louwrens (WK), Zane Green (WK), Ben Shikongo, Bernard Scholtz, Handre Klazinge, Jack Brassell, Jan-Izak de Villiers, Ruben Trumpelmann, Tangeni Lungameni
News18
10-06-2025
- Politics
- News18
How A Tribal Bride Helped Break A 17-Year 'Parag' In Madhya Pradesh
Last Updated: Laloi village in Madhya Pradesh ended the harmful 'Parag' tradition. Villagers raised Rs 3 lakh to support a tribal girl's wedding, marking a historic change An archaic custom known as Parag, where an entire village is punished for an individual's wrongdoing, has finally been broken in Laloi village, Madhya Pradesh. Seventeen years ago, a crime was committed in Laloi village, located in the Malthon block of Sagar district, near the Madhya Pradesh-Uttar Pradesh border. In response, the village panchayat unanimously resolved to enforce the traditional practice of Parag. It was believed that anyone who defied this decision would bring misfortune or a curse upon themselves and the village. For nearly two decades, this fear prevailed, and no one dared to challenge or abandon the social custom. Deep Impact On The Marginalised The tradition of Parag disproportionately affected the poor, especially families trying to marry off their daughters. Under this custom, only the marriage of daughters was prohibited in the village, while no such restriction applied to the marriage of sons. In some villages, even the playing of the Shehnai during weddings was entirely banned. Girls were forced to wed outside the village at great expense, while boys faced no such restriction. Despite modern advancements in science and technology, the regressive custom continued unchecked in this region. As part of the ritual atonement, the individual responsible for the original offence was required to bathe in the Ganges, the villagers had to host a communal feast, and a symbolic marriage of Tulsi and Shaligram had to be performed on Devuthani Ekadashi. Until these rituals were completed, the oppressive practice remained in force. The event marked a turning point in the village's social history. A Wedding That Made History With the support of all villagers, Mansi Gaur was married in a joyous ceremony. Sarpanch Badal Singh noted that Rs 3 lakh was collected and the entire community joined in welcoming the wedding procession from Narsinghgarh, Damoh. Former Home Minister and MLA Bhupendra Singh also attended. Bhupendra Singh used the occasion to criticise the hypocrisy of worshipping girls as goddesses while upholding discriminatory practices. He called for a collective societal shift away from harmful traditions to foster genuine equality and progress. Get breaking news, in-depth analysis, and expert perspectives on everything from politics to crime and society. Stay informed with the latest India news only on News18. Download the News18 App to stay updated! First Published: June 10, 2025, 11:23 IST
