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India's Investment Landscape Sees Rapid Transformation Driven by Passive Funds
Developing
Business·5d agoAI summary

India's Investment Landscape Sees Rapid Transformation Driven by Passive Funds

Passive funds in India have surged from 6% to 25% of the mutual fund industry in a decade, a rapid shift attributed to maturing markets, investor scrutiny of active management fees, and the underperformance of large-cap funds against benchmarks. Sid Swaminathan of JioBlackRock highlights this as a unique inflection point driven by a booming digital ecosystem and evolving investor behavior.

E
Economic Times
Xiamen-Kinmen Ferryman Yang Jiaqi: Witnessing the Transformation of Cross-Strait Emotional Connections
Developing
World·6/13/2026AI summary

Xiamen-Kinmen Ferryman Yang Jiaqi: Witnessing the Transformation of Cross-Strait Emotional Connections

Yang Jiaqi, general manager of Xiamen-Kinmen Ferry Co., Ltd., shares his personal connection to the Xiamen-Kinmen ferry route, which has evolved from carrying "homesickness" to becoming a "lifeline" and "entrepreneurship line" for cross-strait exchanges. The route, celebrating its 25th anniversary, has transported over 24 million passengers and is expected to further develop with future infrastructure projects.

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