The rupee opened at 87.03/$1 on Monday and weakened to 87.285/$1 in early trading, before it erased some losses toward the end of the trading session. The rupee had closed at 86.6/$1 on Friday.
Initial public offerings worth USD 20 billion per annum are the “new normal” for India and will become an annualised run rate over the next
India’s mutual fund AUM is projected to surpass Rs 300 lakh crore by 2035, with direct equity holdings expected to reach Rs 250 lakh crore
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