Mutual fund SIP contributions hit an all-time high of ₹29,361 crore in September, up 4% month-on-month, despite the stoppage ratio rising to 76.27%. Retail participation remains strong, with over 9.7 crore SIP accounts and growing investor confidence.
US inflation tops 4% for first time in three years, keeping Fed hike in play
US inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve’s interest rate hike plans on the table for September.