The proceedings of Lok Sabha (LS) and Rajya Sabha (RS) were adjourned for the day amid protests by the Opposition benches over the Adani issue.
Earlier, the LS was adjourned till 2 pm after obituary references to incumbent MP Girish Bapat and former MP Innocent, who passed away recently. When the House met at 2 pm, the opposition members started sloganeering against the government, demanding a joint parliamentary committee (JPC) probe into the Adani issue. The Chair adjourned the House amidst the din.
In RS proceedings has been adjourned after passing the Competition (Amendment) Bill, 2023 without discussion. When the house met at 2 pm, Chairman Jagdeep Dhankhar greeted the members on the occasion of Rajya Sabha Day and urged them to participate in discussion, dialogue, and deliberations, instead of indulging in disruptions. After that, Finance Minister Nirmala Sitharaman moved the Competition (Amendment) Bill, 2023 for consideration and passage amid sloganeering by Opposition members. Chairman put the Bill to voice vote even as the Opposition members continued sloganeering and passed it before adjourning the House for the day. The bill, which was passed on March 29 by LS, provides for the Competition Commission of India (CCI) to impose penalties on entities based on their global turnover instead of the current practice of considering only relevant market turnover. The Corporate Affairs Ministry has made certain amendments to the original bill. The Bill was introduced in Parliament on August 5 last year.
Proceedings in both the Houses will reconvene on Wednesday, at 11 am, with Tuesday being a holiday on account of Mahavir Jayanti. The second part of the Parliament's Budget Session has been witnessing regular disruptions and no discussions since it began on March 13 amid slogan shouting by members of opposition, treasury benches over Rahul Gandhi's democracy remarks and the Adani issue.
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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