Government has tried to speed up matters outside budgetary document through ordinances. Availability of factor inputs, ease of doing business and a good infrastructure will ensure boost to manufacturing.
India's diversified stock mutual funds outperformed the broader market marginally in April, with high exposure to financial services stocks supporting unit values, data from fund tracker Lipper showed.
It's a 15-year drought the mutual fund industry is anxious to put an end to. However, repeated pleas to SEBI to provide more clarity on guidelines for pension schemes have been in vain, reports CNBC-TV18's Mitra Joshi and Gopika Gopakumar.
Taurus Mutual Fund has launched Taurus Dynamic Income Fund - an open-ended income scheme, aims to generate optimal returns with high liquidity through active management of the portfolio by investing in Debt and Money Market Instruments.