The Indian government has sought parliamentary approval for an additional net expenditure of ₹51,463 crore for the current fiscal year, on top of a previous approval of ₹44,143 crore. Despite this, the fiscal deficit is expected to be contained at 4.8% of GDP due to higher nominal GDP estimates.
8 AMCs see surge by over Rs 10,000 crore in their AUM in June
Eight mutual fund houses witnessed a surge of more than Rs 10,000 crore in their respective AUMs. There are 45 mutual fund houses in the