Seven equity mutual funds saw an AUM decline of over Rs 3,000 crore in February, with Nippon India Small Cap and HDFC Mid-Cap Opportunities Fund leading the drop. Overall, 605 of 664 funds posted losses.
BP already has a similar arrangement for ONGC’s flagship Mumbai High fields, but the latest move significantly expands its role, making it responsible for helping
India’s fertiliser subsidy bill could surge past a record ₹3 lakh crore this fiscal if the West Asia crisis continues, sharply exceeding the budget estimate
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