U.S. Treasury Secretary, Janet Yellen, is set to meet finance ministers from the Group of 20 countries in India, following a trip to Beijing. Yellen’s main objectives during her visit include pressing for debt restructuring in developing countries, pushing for modernisation of global development banks to focus more on climate change, and deepening the US-India relationship.
Equity MF inflows slide 14%; large & midcaps gain traction
Inflows into equity mutual fund schemes fell by 14% in October, reflecting a trend of reduced investor allocations. Although smallcap funds saw decreasing inflows, large