The strengthening of the dollar globally and the record outflow of it from the Indian equities have forced the rupee to be above 84 level for quite some time. Last Thursday, it touched a new low of 84.10 against the dollar.
In December, 34 mutual fund NFOs raised Rs 13,852 crore, with 33 open-ended and one close-ended fund. Sectoral and thematic funds led with Rs 11,337
Sebi on Friday proposed doubling the threshold amount to Rs 50,000 crore for foreign portfolio investors to make granular disclosures about their investors holding any
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