Top news
As per GDP data released by the National Statistics Office, the Indian economy grew by 1.6% in the March quarter and contracted by 7.3% for the full financial year 2020-21.
RBI’s MPC kept the repo rate & reverse repo rate unchanged at 4% and 3.35% respectively with an accommodative stance. RBI revised its estimate of real GDP growth to be at 9.5% in FY22 while inflation estimated to remain at 5.1%.
Franklin Mutual Fund has announced the payout of the next tranche of Rs 2642 crore to unitholders of the six wound-up schemes. Unitholders can check their payout status here.
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Data Source: NSE, BSE & Kuvera.in
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