The finance ministry and the Sebi had discussions with the mutual fund industry on Sunday to assess the fallout of the Franklin Templeton fiasco. Meanwhile, a report by a group of 50 young officers of the Indian Revenue Service (IRS) on enabling smooth recovery of the Indian economy has courted controversy with the finance ministry. Here are the top 10 busines stories that made news on Sunday:
Finance Ministry, Sebi question mutual funds on Franklin Templeton fiasco
The Sebi and finance ministry are worried about the impact of Franklin Templeton MF’s move to wind up six of its debt schemes,