Equity inflows slowed, gold ETFs saw outflows and debt funds reversed course. Here’s what AMFI’s May data reveals. Equity mutual fund inflows fell 40 percent to Rs 22,908 crore in May, down from Rs 38,440 crore in April, according to monthly data released by the Association of Mutual Funds in India (AMFI). Even with…
According to the proposals, GST on four-wheeled EVs priced between Rs 20 lakh and Rs 40 lakh will be raised from 5% to 18%, while EVs costing more than Rs 40 lakh will face a jump from 5% to 28%. Only electric buses will continue to enjoy the existing 5% concessional rate. The GoM argued…
Since the company is a wholly-owned subsidiary, the transaction is categorized as a related-party deal, but Prestige Estates has stated it will be conducted at arm’s length. Prestige Estates Projects shares have cracked 36 percent in the last six months and about 28 percent since the start of the year. Prestige Estates Projects Ltd has…