Thursday, April 23, 2020

Franklin Templeton fund closure: Will RBI step in to save MFs from likely redemption pressure?

Franklin Templeton fund closure: Will RBI step in to save MFs from likely redemption pressure? As investors look for safer assets, bank deposits — despite the lower returns they offer — may see more preference since safety will be sought-after over returns.

from Moneycontrol Business News https://ift.tt/3buyoN3

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Global Market Today: Asian stocks hit record highs, oil heads for weekly loss

Asian stocks reached a record high, fueled by optimism that the reopening of the Strait of Hormuz will normalize oil flows and ease inflatio...