Quant Mutual Fund doubled its cash holdings in July, raising it to Rs 12,269 crore from Rs 5,861 crore in June. The Small Cap Fund had the highest cash allocation at Rs 3,223.24 crore. The total equity assets managed by the fund house reached Rs 75,186 crore as of July 2024, reflecting cautious market positioning.
Justice Department drops criminal probe of Fed chair Powell, likely clearing way for Warsh
The Justice Department has concluded its investigation into Federal Reserve chair Jerome Powell. This decision removes a significant obstacle to the confirmation of Kevin Warsh,