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Equity and debt mutual funds witness massive outflows in January

Equity and debt mutual funds witness massive outflows in January

Finance
Equity and debt mutual funds registered heavy outflows in the month of January. While equity funds saw a drop in outflow numbers, there was a drastic outflow from debt mutual funds this time. Equity mutual funds saw net outflows worth Rs 9,253 crore, debt mutual funds saw investors pulling out Rs 33,408 crore in January. Hybrid fund categories finally saw inflows in January.The highest outflow of Rs 5,933 crore was seen from flexi cap funds. This might be attributed to the recent change in mandate and many schemes re-categorised in the space. This was followed by an outflow worth Rs 2,853.43 crore from large cap funds. Here’s a look at the data for January: Scheme Name Net inflow (+)/outflow(-) Multi Cap Fund 2,857.90 Large Cap Fund -2,853.43 Large & Mid Cap Fund -187.4...
Watch live: NASA to conduct test firing of massive moon rocket

Watch live: NASA to conduct test firing of massive moon rocket

Science
ORLANDO, Fla., Jan. 16 (UPI) -- NASA's plan to return astronauts to the moon must pass a crucial test Saturday, with the agency planning an eight-minute test-firing of the SLS moon rocket in Mississippi. The test of the rocket's 212-foot-high core stage was planned for as early as 4 p.m. EST -- with a two-hour window -- at the John C. Stennis Space Center. There was a delay, however, and NASA's commentators on a live broadcast said a new time hadn't been announced. Advertisement The test will be one of the loudest, most dramatic events at the facility since Apollo-era Saturn V rockets were tested there in the 1960s. The test-firing may encounter delays or glitches, but NASA intends to learn from it, John Honeycutt, SLS program manager, said during a press conference Wednesday. "It is a v...
Massive protest against governor’s arrest challenges Kremlin

Massive protest against governor’s arrest challenges Kremlin

World
Tens of thousands of people have marched across the far eastern Russian city of Khabarovsk to protest the arrest of the regional governor on murder charges, continuing a wave of protests that has lasted for two weeks in a challenge to the KremlinByThe Associated PressJuly 25, 2020, 9:36 AM2 min readKHABAROVSK, Russia -- Tens of thousands of people marched Saturday across the Russian city of Khabarovsk on the border with China to protest the arrest of the regional governor on murder charges, continuing a wave of protests that has lasted for two weeks in a challenge to the Kremlin. Sergei Furgal has been in a Moscow jail since his arrest on July 9, and Russian President Vladimir Putin has named an acting successor. Protesters in Khabarovsk see the charges against Furgal as unsubstantiated a...
England v West Indies: Ben Stokes ready for ‘massive occasion’

England v West Indies: Ben Stokes ready for ‘massive occasion’

Sports
Media playback is not supported on this device England v West Indies, first TestVenue: Ageas Bowl, Southampton Dates: 8-12 July Time: 11:00 BSTCoverage: Test Match Special commentary on BBC Radio 5 Live Sports Extra; live text commentary and in-play clips on BBC Sport website; highlights on BBC Two and BBC Sport website at 19:00 BST (19:30 on Sunday)Stand-in captain Ben Stokes says England are ready for the "massive occasion" of the first Test against West Indies, which starts on Wednesday.The coronavirus pandemic has prevented any competitive professional cricket in the UK so far this s...
Astronomers investigate disappearance of massive star

Astronomers investigate disappearance of massive star

Science
June 30 (UPI) -- An unstable massive star in the Kinman Dwarf galaxy, located 75 million light-years away, has disappeared, but scientists aren't sure why or how. The Kinman Dwarf galaxy, located in the Aquarius constellation, is too far away for astronomers to observe individual stars, but between 2001 and 2011, scientists detected the signatures of a massive, unstable star in the latter stages of its evolution. Advertisement In 2019, when astronomers at the European Southern Observatory's Very Large Telescope and its ESPRESSO instrument focused on the faraway galaxy, there was no sign of a massive star. Early observations of the star suggest it was a "luminous blue variable" star, measuring some 2.5 million times brighter than the sun at it brightest. Luminous blue variable stars are k...