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News digest: IL&FS crisis, fresh import curbs, Nobel Prize, and more

From IL&FS to trade war, Business Standard brings you top stories for today to keep up with the latest news

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BS Web Team New Delhi
IL&FS jitters erode 12.5% of MF assets

The crisis linked to Infrastructure Leasing & Financial Services (IL&FS) has hit the mutual fund (MF) industry hard, with 12.5 per cent, or Rs 3.16 trillion, of industry assets getting shaved off in a single month. Total assets under management (AUM) shrunk to Rs 22.04 trillion in September from Rs 25.2 trillion at the end of August. Read More ...
 
Fresh import curbs soon to frame response to trade war

The government is mulling a second set of duty hikes to reduce the risk of dumping from China and

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