Sebi introduces a separate sub-category for ESG investments https://ift.tt/pOR9WZs, mutual funds are permitted to launch only one ESG scheme under the thematic category for equity schemes.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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