News digest: MFs rake in mollah from small towns, Modi-Mattis meet and more

From Modi-Mattis meet to insurance firms going for digital-first to grow business, BS brings you up to date with the latest news

MFs offer extra incentives to rake in big money from smaller towns

A little more than 17 per cent of the assets of the mutual fund (MF) industry came from the so-called beyond top 30 (B30) cities, the Association of Mutual Funds in India’s (Amfi’s) data for April shows. Read more

Modi, US defence secretary talk security amid tension over South China Sea

Prime Minister Narendra Modi on Friday met US Defence Secretary Jim Mattis in Singapore and discussed security-related issues, days after the Pentagon renamed its Pacific Command as the Indo-Pacific Command in a largely symbolic move to signal