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The Franklin fiasco

NOBODY SPOTTED IT coming. 23 April was a sleep- less night for many debt fund investors due to Franklin Templeton MF’s announcement of the closure of its six debt funds. It was a big knock back for investors. Templeton is India’s ninth-largest MF with average assets under management (January to

Goodies for everybody! Nothing interim about it

In more ways than one, the Piyush Goyal budget was different. First, unlike previous finance ministers, many of them lawyers or career politicians, Goyal, a chartered accountant, did not confine to reading the printed text. He made it lively with detailed explanations of the proposals in English and Hindi. Also,

TN will push up capex…

Tamil Nadu, the second largest state economy after Maharashtra, is predominately a service economy with 51.86 per cent contributed by the services sector, 36.24 per cent by secondary sector and 11.90 per cent by the primary sector. The state economy is resilient and is quick to recover after some years of

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