Investing in mutual funds in a child’s name is emerging as a preferred way for parents to earmark long-term sav- ings for education, and other high-cost goals. Here is a look at the set of issues that investors must be aware of before taking this route, as reported by ETBureau.
Central bank turns piper to draw in foreign capital; leaves repo rate at 5.25, keeps stance neutral
The Reserve Bank of India has introduced measures to boost foreign currency inflows, including incentives for external commercial borrowings and bearing hedging costs on FCNR(B)