Investors infused Rs 16 crore in gold exchange-traded funds (ETFs) in 2019, after pulling out money from safe-haven assets in the last six years, on fears of a slowdown in the global market and volatility in equity and debt markets. Going ahead, the segment is likely to gain more traction from investors due to the recent increase in tensions between the US and Iran and the threat to global economy, Himanshu Srivastava, senior analyst manager research at Morningstar Investment Adviser India.
Irdai directs cos to meet social sector obligations
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