India economy

Lower GDP growth in the second quarter a temporary dip; The economy will improve in the coming quarters, says Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman speaks during the winter session of Parliament in New Delhi, December 17, 2024. | Photo credit: PTI Union Finance Minister Nirmala Sitharaman said on Tuesday (Dec 17, 2024) that the lower-than-expected GDP growth of 5.4% in the second quarter was a “temporary blip” and that the economy will see healthy…

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India economy

Specialized Mutual Funds: Sebi sets a minimum threshold of ₹10 lakh for investors

The Indian market regulator has a minimum investment threshold of ₹10 lakh for investments in specialty mutual funds (SIF), a new asset class that allows mutual funds to offer sophisticated investment strategies to investors. However, accredited investors are exempt from this requirement, under the Securities and Exchange Board of India’s framework for SIFs introduced on…

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