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MSCI has revamped its India Smallcap Index, adding 11 stocks including Tata Technologies and Hexaware, while removing 22 others. The rejig, effective May 30, also involves weight adjustments across select existing constituents, signaling shifts in market sentiment.
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News and Media
LIC Mutual Fund has reintroduced five flagship equity schemes, including the Value Fund and Small Cap Fund, to attract new investors and enhance product offerings. These funds cater to diverse financial goals, from long-term value investing to high-growth small-cap opportunities. The fund house manages 41 schemes with a notable AUM increase of 11% in April 2025.
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News and Media
Following a round of difficult nuclear talks with the U.S., Iran's foreign minister refuted Trump's depiction of Iran as a destructive force, citing U.S. sanctions as the real impediment to progress. An Iranian deputy foreign minister is set to meet with European diplomats in Istanbul to discuss a potential nuclear deal.
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News and Media
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