India was virtually padlocked for two consecutive summers to keep the virus out. As the shackles were broken this year, a host of industries have come alive with products to meet unmet demand. Much like the car industry that launched new models almost every week over the past few months, the mutual fund industry is reporting a flood of new fund offers (NFOs) this monsoon season. Up to 20 are lined up - both in the active and passive spaces.
India will be superpower by 2047, but not high-income economy: Martin Wolf
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