Edelweiss Mutual Fund crossed ₹1.5 lakh crore in AUM, coinciding with BSE’s 150th anniversary. CEO Radhika Gupta highlighted the milestone and showcased tax-efficient mutual fund strategies. Edelweiss Multi Asset Allocation Fund led returns among fixed-income alternatives with 9.27% in one year.
SBI halts Nayara transactions over US tariffs, sanctions risk
State Bank of India has ceased processing trade and foreign currency transactions for Nayara Energy due to potential US sanctions following recent tariff increases. This