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In macroeconomics, money supply (or money stock) refers to the total volume of money held by the public at a particular point in time. There are several ways to define "money", but standard measures usually include currency in circulation (i.e. physical cash ) and demand deposits (depositors' easily accessed assets on the books of financial ...
Revamped version of 1995 Midday Meal Scheme to provide free lunch to school children. Financial outlay in 2022 was ₹ 10,233 crore (equivalent to ₹ 110 billion or US$1.3 billion in 2023). [7] Grouped under the umbrella scheme "Saksham Anganwadi and POSHAN 2.0", it aims to reducing stunting, under-nutrition, anemia, and low birth weight. [22 ...
The Indian money market consists of diverse sub-markets, each dealing in a particular type of short-term credit. The money market fulfills the borrowing and investment requirements of providers and users of short-term funds, and balances the demand for and supply of short-term funds by providing an equilibrium mechanism.
Investment banking in India started in the 19th century when European merchant banks began establishing trading houses in the country. [11] Foreign investment banks dominated the sector until the 1970s, when the State Bank of India launched its Bureau of Merchant Banking, and ICICI Securities became the first Indian private sector financial institution to offer merchant banking services. [11]
[5] [6] [7] According to Union Government 's own submission to Supreme Court of India, widespread hunger has caused 65% of deaths of children under the age of 5 in 2022. [ 1 ] According to a 2021 report by the Pew Research Center , India has roughly 1.2 billion lower-income individuals, 66 million middle-income individuals, 16 million upper ...
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The total Assets Under Management (AUM) of the Indian mutual fund industry as of December 31, 2023, stood at a staggering ₹ 50.78 trillion (US$590 billion). This is a significant milestone, marking over a six-fold increase compared to the ₹ 8.26 trillion (US$95 billion) recorded in December 2013.
Some investors attribute the introduction of the growth investing strategy to investment banker Thomas Rowe Price Jr., who tested and popularized the method in 1950 by introducing his mutual fund, the T. Rowe Price Growth Stock Fund. Price asserted that investors could reap high returns by "investing in companies that are well-managed in ...