The expected reduction in AUM, which is forecasted to fall to between Rs 1.2 lakh crore and Rs 1.25 lakh crore by the end of fiscal 2025, down from Rs 1.35 lakh crore the previous fiscal year, is attributed to a slowdown in acquisitions and a steady rate of redemptions.
Until now, official stakeholders had either pretended not to know about the problems in response to public and media concerns or attributed the issues to telecom and internet service providers or even Meta, as reported by Dawn.
Amitabh Kant, former CEO of NITI Aayog and India's G20 Sherpa emphasised the significant transformations India has undergone over the last decade. He attributed these changes to digitization, infrastructure development, and energy transformation.
In a post on X, he wrote, "The recent resignation statement attributed to my mother published in a newspaper is completely false and fabricated. I have just confirmed with her that she did not make any statement either before or since leaving Dhaka"
The Services PMI, recorded 60.3 in July 2024, has consistently held above the 60-mark for seven consecutive months. This sustained performance is attributed to strong demand, increased investment in technology, and new business gains.
However, the growth momentum slowed in June, with merchandise exports increasing by only 2.6 per cent year-on-year, down from 9.1 per cent in May. This deceleration was largely attributed to an 18.2 per cent contraction in oil exports.
The Cereal Supply and Demand Brief, issued by FAO Friday, attributed its raised projections to a better harvest outlook for maize in Argentina and Brazil as well as Turkiye and Ukraine, which will offset downgrades to the outlook for Indonesia, Pakistan and several Southern African countries
New Delhi [India], June 11: The Centre for Chronic Disease Control (CCDC) has successfully screened over 1.1 million individuals for high Blood Pressure (BP) as part of the May Measurement Month (MMM) initiative that was launched in 2017. CCDC is the official Indian partner for MMM, the larg
The contentious post, disseminated on Imran's social media platform on May 26, featured a montage alongside a quote attributed to Khan urging the populace to examine the Hamoodur Rahman Commission report to discern the true betrayer between General Yahya Khan and Sheikh Mujibur Rahman.
New Delhi [India], June 8: Forex trading has become a well-liked investment option in India in recent years, drawing those looking for chances to diversify and grow their money. Increased engagement in the Forex market can be attributed to the attraction of potentially large returns as well
Malook Nagar, the National General Secretary of Rashtriya Lok Dal (RLD), took a jibe at the opposition's scepticism towards Electronic Voting Machines (EVMs) on Friday. The RLD leader said that had the BJP-led National Democratic Alliance (NDA) secured a greater number of seats in the 18th L