At present, an investor with an income or net worth below a certain threshold has to chip in at least ₹1 crore to invest in an AIF – the regulatory term for PE and VC funds. The entry level investment has remained unchanged since AIF rules were announced in 2012.
Oil Price Today (August 26): Crude oil tanks 6% in two days to hover near $85. What’s behind the decline?
Brent crude futures were down $2.35, or 2.65%, at $86 a barrel, while U.S. West Texas Intermediate crude futures fell $1.94, or 2.36%, to $80.42.