Zerodha LIQUIDCASE, India’s first liquid ETF with a growth NAV, has reached nearly Rs 6,000 crore in AUM within two years of its January 2024 launch. Founder Nithin Kamath said the growth is entirely organic, driven by investors seeking a simple, tax-efficient alternative to traditional liquid funds.
ECB holds interest rates at 2% for a fourth time
The European Central Bank has held interest rates steady for the fourth time. Inflation is near the bank’s target. The euro zone economy is showing