NRIs are increasingly investing in Indian mutual funds, driven by emotional connections, belief in India’s growth story, and long-term financial goals. While taxation and regulations pose challenges, digitalization and government initiatives are making investments easier. Equities remain the preferred asset class, reflecting a conviction in India’s economic potential, with fixed income playing a complementary role for diversification.
US stocks: US market ends mixed as investors focus on Big Tech earnings
Wall Street closed mixed as investors awaited tech earnings and feared rate hikes. Oil prices fell after President Trump discussed peace talks with Iran. Major