India’s forex, money markets have doubled in last 4 years: RBI Governor

IANS | April 20, 2025 11:41 AM

Mumbai, April 20 (IANS) India’s financial markets have developed into a dynamic and resilient force to fuel economic growth with an almost doubling of the foreign exchange market from $32 billion in 2020 to $60 billion in 2024 and the average daily volumes in the overnight money markets surging from about Rs 3 lakh crore to over Rs 5.4 lakh in this four-year period, according to RBI Governor Sanjay Malhotra.

'WAVES 2025' emerging as global connector between creators and buyers: Ashwini Vaishnaw

IANS | April 19, 2025 9:26 PM

Mumbai, April 19 (IANS) The world of creators and their economy is going through a fundamental change and the ‘WAVES 2025’ event seeks to evolve itself as a global platform for media and entertainment, just as Davos serves as a global platform for economic policies, said Union Minister of Information and Broadcasting, Ashwini Vaishnaw, on Saturday.

Equity MF inflows double in FY25, AUM jumps 23 pc on SIP surge

IANS | April 19, 2025 9:02 PM

Mumbai, April 19 (IANS) Active equity mutual fund (MF) schemes closed the financial year 2024–25 (FY25) with record-breaking inflows -- more than twice the amount seen in the previous year -- as fund houses capitalised on strong market sentiment, particularly in the first half of the year.