“When government spending on capex was raised from 1.5% of GDP to over 3% of GDP, that provided a positive impulse to growth. It cannot continue with that kind of growth rate anymore and will flatten out. So, it will be around 15% for capex growth against the budgeted number of 17% YOY.”
Mutual funds will now have to deploy NFO proceeds within 30 days, says Sebi
The Investment Committee may extend the timeline by 30 business days, providing recommendations to ensure timely deployment and ongoing monitoring. Upon receiving reasons for delays,
October 30, 2024