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
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