Prince Mathews ThomasMoneycontrolUnion Budget 2018 should have been welcomed by farmers with rounds of milk or buttermilk, depending on the region. But that may not necessarily be so.Focusing on rural India, Finance Minister Arun Jaitley on Thursday announced a minimum support price 1.5 times the cost of production for the crops. Coming a year after the government promised doubling farm prices by 2022, the increased MSP was seen as a step towards meeting that target.Close But there are a few hiccups. related news Recap 2019 | 481 deals worth $43.5 billion - Here are the biggest M&As signed this year McLaren looks to India to expand exotic car sales ahead of 2025 IPO After year of living dangerously, Fed expected to signal time to lie low First, and this has been a long-held grievance, farmers aren't happy about the the method government uses to calculate cost of production. The government includes operational expenses (inputs costs and family labour) while … [Read more...] about Budget 2018: Here’s why a higher MSP doesn’t cheer many
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India's mutual fund space witnessed an interesting dichotomy in November.Net inflows into equity mutual funds (MFs), including closed-ended schemes, stood at a mere Rs 933 crore against Rs 6,015 crore in the previous month, latest data released by the Association of Mutual Funds in India (AMFI) shows.On the other hand, investment in equity funds through systematic investment plans (SIPs) saw a strong momentum at Rs 8,273 crore.Close The fall in equity MFs net inflow is primarily due to redemptions in value funds, multi-cap funds and sectoral funds. related news Market Headstart: Nifty likely to open higher on Fed status quo; Ujjivan Small Finance Bank eyed Bharat Bond ETF can help low-risk investors diversify with 10-20% allocation This multiplex stock jumped 47% in 2019 despite slump in consumer spending Overall, the mutual fund industry saw its total asset under management (AUM) hitting Rs 27 lakh crore as of November from Rs 23.59 lakh crore a year ago. That represents a … [Read more...] about Equity inflows drop but SIP figures at all-time high; what should you do?