NEW DELHI: March started as a warm month but ended cooler than expected, which was a relief after Delhi recorded the warmest February in 17 years.Several western disturbances ensured that Delhi got rain, thunderstorms, cloudy skies and strong winds. At 30.9 degrees Celsius, the city recorded the lowest mean maximum temperature in March since 2020, although, it was still about one degree above normal. In...
MUMBAI: Mutual fund companies are wooing retail investors who seek to avail of long-term tax benefits in debt funds in the last few days of the fiscal ending March 31. Last week, the government withdrew indexation benefits for investors in mutual fund schemes that hold less than 35% domestic equity in their portfolio. The new norms will apply from April 1, 2023.According to industry players, the demand...
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