India-focused funds experienced outflows for the fifth straight week, but the pace of redemptions eased to $78 million, down from $387 million the previous week and $700 million the week before, according to a report released by Elara Capital. The report further highlighted that all the redemptions of this week came from ETFs with a…
Prime Minister Narendra Modi is expected to visit Japan on August 30, followed by a visit to China on August 31 to attend the Shanghai Cooperation Organisation (SCO) Summit. In the first leg of the tour, PM Modi is likely to hold annual summit-level talks with his Japanese counterpart to strengthen strategic and economic ties….
US President Donald Trump has been unfairly targeting India over Russian oil imports, while choosing not to criticise China, according to a recent report by the Global Trade Research Initiative (GTRI). The report suggested that this selective approach may be driven by geopolitical calculations. As per the data from the report, China is the largest…
Domestic vs Global: International mutual funds take lead with up to 6% weekly returns Source link
US President Donald Trump on Wednesday said that a new trade agreement between the United States and China is “done,” though final approval from Chinese President Xi Jinping is still pending. The announcement followed two days of intense negotiations between senior trade officials from both nations in London. “Our deal with China is done, subject…
China’s Rare Earth Magnet Ban: As neighbor country’s dominant decision to ban the export of rare earth magnets for various countries, including India and the US, the action create threats for India’s auto sector, especially and electric vehicle (EV) industry. With over 80 per cent of the nation’s rare earth magnet supply coming from China how…