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sip inflows in january: SIP inflows hit new record, cross Rs 18,000 crore for first time in January

The asset base for SIP rose 3.12% in January to Rs 10.26 lakh crore. The SIP AUM was Rs 9.95 lakh crore in December. The number of SIP accounts stood at the highest ever of 791.71 lakh in January, compared to 763.65 lakh in December. The number of new SIPs registered in January also attained a new milestone, with 51.84 lakh new registrations as against 40.32 lakh in December.
Venkat Chalasani Mutual Fund Indian Mutual Fund Industry Chief Executive Sip Inflows In January Sip Inflows Record High

Kenya to receive Sh240.7bn from World Bank by April

Beneath Kenya's confidence is a series of multilateral loans expected to pour into the exchequers accounts by April. Kenya has received disbursements totalling just over $1 billion Sh160 (billion) in the last two months from IMF and Trade Development Bank (TDB).
South Africa Coted Ivoire Ivory Coast Kamau Thugge International Finance Corporation International Development Association

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Pakistan economy: Pakistan approves plan to sell PIA airline on eve of election

Pakistans caretaker cabinet has granted approval for the privatisation of the financially struggling Pakistan International Airlines (PIA), a plan recently sealed by the interim government. Despite a directive from the election panel to halt any final deal, the approval is crucial for initiating the airlines sale. The restructuring divides PIA into two entities, TopCo for sale and HoldCo for legacy debt.
Haq Kakar International Monetary Fund Pakistan International Airlines On Ernst Young Pakistan International Airlines Prime Minister Anwaar

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