Archive · 21 Jun 2025

India's Forex Reserves Rise, Arisinfra IPO Oversubscribed, Mirae Asset Launches New Funds

India's Forex Reserves Rise, Arisinfra IPO Oversubscribed, Mirae Asset Launches New Funds

India's forex reserves, which are like a savings account for the country, went up by $2.29 billion, reaching almost $699 billion for the week ending June 13, 2025.

This shows India's economy is doing well.

Also, Arisinfra Solutions Limited's IPO, which is like selling shares to the public for the first time, was very popular, with more people wanting shares than were available.

Mirae Asset also launched two new funds.

One is for short-term investments in financial sector instruments, and the other uses a strategy to make money from price differences in the stock market.

Sources