Top headlines: MFs log Rs 19,705-cr net inflow in Feb; Bitcoin tops $42,000


pronounces key modifications to administration committee

FMCG main on Wednesday stated it has appointed Madhusudhan Rao and Deepak Subramanian to its administration committee.

Rao has been appointed as Government Director, Magnificence & Wellbeing and Private Care, whereas Subramanian has been named as Government Director, Dwelling Care.

Rao takes over from Priya Nair, who will transfer into her new international function as Chief Advertising and marketing Officer for Magnificence & Wellbeing. Read more

Fairness MFs log Rs 19,705-cr internet influx in Feb amid risky inventory market

Fairness attracted a internet sum of Rs 19,705 crore in February, making it the twelfth consecutive month-to-month internet influx, amid a extremely risky inventory market atmosphere as a result of present geopolitical scenario.

As compared, fairness noticed a internet influx of Rs 14,888 crore in January and Rs 25,077 crore in December, information from the Affiliation of in India (Amfi) confirmed on Wednesday. Read more

tops $42,000 as Yellen lauds ‘historic’ crypto overhaul

jumped above $42,000 amid a pointy rally in digital tokens, spurred by optimism a few sweeping U.S. overhaul of crypto oversight that Treasury Secretary Janet Yellen known as “historic.”

The most important cryptocurrency rose as a lot as 10% to $42,427, its highest stage since March 2. Ether climbed 8% whereas so-called privateness cash like Monero posted giant positive aspects. The crypto advance got here as a broad risk-on rally embraced European shares. Read more

CBI Court docket sends former COO Anand Subramanian to 14-day judicial custody

Delhi’s Rouse Avenue Court docket on wednesday remanded Anand Subramanian, the ex Group Working Officer of the Nationwide Inventory Change (NSE), to 14 days judicial custody, in reference to the co-location rip-off case.

Subramanian was arrested by the CBI on February 24. The CBI official produced him earlier than the courtroom of Sanjeev Aggarwal on Wednesday. Read more

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