These funds track the index of the market or sector where they are invested. They are not linked to any single stock, debt or company.
Despite the pandemic Fund of Funds investing overseas saw net inflows of over Rs 12,000 crore since March 2020.
The past 18 months have suffered some of the worst inflation levels in this country resulting in erosion of the real value of salaries
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Equitas Holdings, Rain Industries, HFCL and Motilal Oswal Financial emerged as the top gainers on the BSE 500 index
The government is confident that a normal monsoon and further opening up of the economy will ease inflationary pressures
India is still in the grip of the second Covid wave and the rush to the holiday destinations might turn out to be rush towards our graves
However, the market was expecting the cut-off to be in the range of 6.05-6.08%
The move is part of RBI's risk management norms that are aimed at curbing frauds and scams
Pfizer and its partner BioNTech said the studies conducted on people who took the third jab of the original vaccine have shown encouraging results