Real-time dollar settlement in India’s newest financial hub in Gujarat, GIFT City, is set to begin later this year. The service aims to attract foreign investors by streamlining transactions and reducing delays.
9 equity mutual fund categories saw over 20% surge in AUM in 2024
The AUM of sectoral and thematic funds went up by 74% in 2024 from Rs 2.71 lakh crore in January to Rs 4.72 lakh crore