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1. As per the amendments passed to Finance Bill 2023, investments made on or after April 1, 2023 would not be eligible for any indexation benefit when calculating long-term capital gains on debt mutual funds.
2. India’s foreign exchange reserves (Forex) reserves increased by USD 12.8 billion to reach USD 572 Billion for the week ending Mar 17, 2023.
3. Shares of Global Surfaces got listed at a premium of 17% over issue price of ₹140 while IPO of Uday Shivakumar Infra got oversubscribed by 32.49 times.
4. Mirae Asset MF, Axis MF and Quant MF have launched the NFOs for Mirae Asset Nifty SDL June 2028 Index Fund, Axis S&P 500 ETF FoF Growth Direct Plan and Quant Dynamic Asset Allocation Growth Direct Plan.
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