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Asia has been a major driver of this trend, leading to a substantial 33% rise in assets under management (AUM) and an impressive inflow of USD 4.7 billion this year.
Asia Driving Growth with Record October Inflows Asian gold ETFs attracted USD 2.1 billion in October, marking the 20th consecutive month of inflows for the region. China has seen record-breaking investments in gold ETFs, fueled by rising local gold prices and stock market volatility. A wave of government stimulus measures in late September added momentum, resulting in October reaching the highest monthly inflows on record.
Bu hikaye The Business Guardian dergisinin November 09, 2024 sayısından alınmıştır.
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Bu hikaye The Business Guardian dergisinin November 09, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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Over Rs 50 lakh crore wiped out from stock market in first 2 months
The domestic stock market has witnessed a massive sell-off since the beginning of 2025, leading to a loss of over Rs 50 lakh crore in market capitalization within just two months.
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AI race in the Trump era is all about markets and ideologies
The dictum \"whoever rules AI shall rule the world\" is one that has come to guide great power dynamics in the 21st Century.
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1,100 Out Of 1,200 Central And State Schemes Now Under DBT: FM
Finance Minister Nirmala Sitharaman stated on Saturday that out of 1,200 central and state government schemes, 1,100 are now under DBT, ensuring that money is transferred directly to the beneficiaries' bank accounts.
1,100 out of 1,200 Central and state schemes...
while supporting the goal of cooperative federalism. By linking various financial systems, the government can monitor fund transfers more efficiently and ensure accountability.
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PM GatiShakti Evaluates 11 Infra Projects
The 88th meeting of the Network Planning Group (NPG) under PM GatiShakti has evaluated 11 key infrastructure projects in the Road, Railway, Information Technology and Metro sectors, the Ministry of Commerce and Industry said on Saturday.
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EPFO interest rate will continue to be 8.25 pc for FY2024-25
The Central Board of Trustees of the Employees' Provident Fund Organisation (EPFO) has recommended continuing with the interest rate of 8.25 per cent on Employees' Provident Fund (EPF) deposits for the financial year 2024-25.
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India Is Key To Global Supply Chain: PM Modi
Prime Minister Narendra Modi on Saturday at NXT Conclave said that India is becoming a reliable partner in the global supply chain and it is due to the planned and systematic policy decision of the government.
Paytm to Resolve FEMA Allegations
Paytm, a major player in the digital payments and financial services ecosystem, has said it will seek resolution of alleged FEMA contraventions related to two acquired subsidiaries -- Little Internet Private Limited (LIPL) and Nearbuy India Private Limited (NIPL).
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Tackling India's obesity crisis: A five-step strategy
Prime Minister Narendra Modi's call to combat obesity urges collective action for a healthier, fitter India
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The Sedentary Lifestyle-Obesity Crisis
The Indian government should declare a Pigouvian health tax on junk food.