Passive funds outrun active peers in chase for inflows

photo

ET Intelligence Group: Odds are rather long that you’d take Humphrey Appleby’s prescription for success on face value, but ‘masterly inactivity’ does indeed seem to work pretty well in the world of investing. So, ‘passive’ funds have emerged as tough ‘challengers’ to active funds lately. Total inflows into passive funds – index funds, ETFs and … Read more

India Inc’s foreign borrowings drop 47 per cent to USD 1.75 billion in August 2020

photo

NEW DELHI: India Inc‘s foreign borrowings fell by over 47 per cent in August this year to USD 1.75 billion, data from the Reserve Bank showed on Monday. The domestic companies had borrowed a total of USD 3.32 billion from overseas markets in August 2019, by way of external commercial borrowings (ECBs). Of the total … Read more