Inside the record year for India’s $585 billion mutual funds industry
Thursday, 28 December 2023 India's mutual funds industry is experiencing a blockbuster year, marked by a record surge in assets under management and the addition of more than 20 million new investment accounts. Fueled by the insatiable thirst for financial gains, young Indians armed with smartphones are increasingly investing in equity markets. This trend has boosted fund assets by 19% in the first 11 months of 2023, outperforming major peers like the US, Japan, and China. The industry has come of age, with consistent and sticky flows of domestic money, which have shielded the market from foreign outflows.
TikTok to Invest $1.5 Billion , to Restart E-Commerce in Indonesia.
In October, Indonesia banned social media platforms from offering online shopping, which forced the popular video sharing app to..
Credit: Wibbitz Top Stories Duration: 01:30Published
Thursday, 28 December 2023
![TikTok to Invest $1.5 Billion to Restart E-Commerce in Indonesia [Video]](https://video.newsserve.net/300/v/20231211/1361998112-TikTok-to-Invest-Billion-to-Restart.jpg)
