Until now, only public sector mutual funds – SBI, UTI, LIC and Union, among others — were qualified to handle surplus funds of state-owned companies. Now, at least 35 private mutual funds stand to benefit.
Indian benchmark indices Sensex and Nifty ended the week higher, gaining up to 0.5%, even as broader markets declined amid rising crude oil prices above
Amidst rising economic fears, foreign portfolio investors withdrew Rs 34,843 crore from Indian equities in October. Although they had made significant contributions in July and
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