Overseas investors have pumped in $6.3 billion in Indian equity markets in three months ended September on attractive valuations, opening-up of the economy and resumption in business activities, says a Morningstar report. This comes following a net inflow of $3.9 billion in June quarter and a net withdrawal of $6.38 billion in March quarter. Apart from inflow, the value of FPI investments in Indian equities swelled further during the quarter under review largely on the back of robust net inflows, coupled with a strong performance of the Indian equity markets.
Why did the company zero in on RBL Bank to understand the business of banking? While the M&M investors heaved a sigh of relief, one gentleman must have been all smiles after this, RBL Bank MD and CEO R Subramaniakumar, notes Tamal Bandyopadhyay.
Is the Airtel Zero plan really a big blow for net neutrality? Will it end the 'free' internet as we know it? Amidst the hullaballoo over the issue, Sudhir Bisht provides a contrarian view.
Images from the Nations League football matches played on Thursday.
Paris St Germain had a chance to extend their Ligue 1 lead to five points after RC Lens drew 1-1 at Troyes and Olympique de Marseille and Monaco shared the spoils on Saturday.
Miller has been the second highest run-scorer for GT with 449 runs from 15 matches
Barcelona closed in on the LaLiga title as they picked up a 1-0 win over Osasuna and holders Real Madrid went down to
The rupee on Tuesday recovered from its all-time intra day low of 77.79 to close higher by 7 paise on a stellar rally in domestic stock markets. After opening lower at 77.67, the local unit plunged further to its all-time intra-day low of 77.79 due to a spike in crude oil prices and disappointing macroeconomic data. However, a strong rally in domestic equities helped the rupee rebound and close at 77.48 (provisional), showing net gains of 7 paise over the last close of 77.55. The forex market was closed on Monday on account of Buddha Purnima.
Images from the third day at the US Open, the final Grand Slam tournament of the year, in New York, on Wednesday:
The rupee depreciated by 37 paise to close at 79.62 against the US dollar on Thursday despite sustained foreign capital inflows and a positive trend in equities. At the interbank foreign exchange market, the local currency opened at 79.22 and saw an intra-day high of 79.22 and a low of 79.94 against the American currency. It finally ended at 79.62, down 37 paise over its previous close of 79.25.
Chahar, Kuldeep to miss 3rd ODI
The problems are being compounded by perceptions that India is ill suited to defend the currency in the near-term.
Images from Day 9 of the French Open in Paris on Monday.
Gilles Simon's giant-killing spree culminated in a stupendous title win as he humbled second seed Kevin Anderson in straight sets to lift the inaugural Tata Open Maharashtra trophy, in Pune.
Skipper KL Rahul managed to snatch defeat from jaws of victory with a baffling batting approach as defending champions Gujarat Titans beat Lucknow Super Giants by seven runs.
Andy Murray has defended using an underarm serve in his Wimbledon opener on Monday, saying it was a legitimate way to make opponents think twice
Seeing world number 50 Mischa Zverev and wildcard Denis Istomin upset the top two players in the world at Melbourne Park shows more players believe they can take shake up the established order and that can only be good for tennis, says Roger Federer.
Images from the Nations League matches played on Tuesday.
Infosys was the top gainer in the Sensex pack, rising over 2 per cent, followed by Bajaj Finance, HCL Tech, Tata Steel, Tech Mahindra and NTPC. On the other hand, Maruti, Sun Pharma, HUL and ITC were among the laggards. Nifty rose 122.15 points to 17,343.55.
Indian skipper Harmanpreet Kaur lauded Shafali Verma and Richa Ghosh after their match-winning knock
Jet Airways on Thursday blamed a steep fall in the rupee, slowdown in the domestic aviation market and rise in fuel costs for a sharp widening in standalone net loss at Rs 891 crore in the July-September quarter.
Ajay Banga was on Wednesday appointed the next president of the World Bank, becoming the first-ever Indian-American to head the global financial institution which said it looks forward to working with him at a time when it's tackling the toughest development challenges facing developing countries. "The executive directors of the World Bank today selected Ajay Banga as president of the World Bank for a five-year term beginning June 2, 2023," the bank said in a press statement. In February, President Joe Biden announced that the US would be nominating Banga, 63, to lead the World Bank because he is "well equipped" to lead the global institution at "this critical moment in history."
A goal, an assist and an all-round performance filled with menace from Kylian Mbappe was enough to help France to an emphatic win that left them top of Group D.
IMAGES from the English Premier League matches played on Saturday
With developments like the Russia-China alliance and the rise of China in the Middle East, India's role has diminished though the India-Israel-US-UAE grouping may assume some importance in the future, observes Ambassador T P Sreenivasan.
As for the home side, Kolkata Knight Riders' quality might appear thin on paper in absence of their captain Shreyas Iyer and Shakib Al Hasan, but coach Chandrakant Pandit firmly backed the team to do well.
The chief of America's Federal Communications Commission is not a fan of net neutrality. So what's his vision of communications and digital policy in these times?
The rupee rose by 12 paise to close at 79.78 against the US dollar on Monday due to a weak dollar in overseas markets and an improved appetite for riskier assets. Stronger regional currencies also supported the rupee sentiment ahead of the US Fed policy decision on Wednesday. Weak domestic equities and FII outflows, however, capped sharp gains. At the inter-bank forex market, the local unit opened at 79.86 against the greenback and moved in a range of 79.70 to 79.87 in the day trade.
Maruti was the top gainer in the Sensex pack, rallying nearly 4 per cent, followed by PowerGrid, ITC, NTPC, SBI, M&M, Kotak Bank and HDFC Bank. On the other hand, TCS was the top loser on the Sensex, shedding over 6 per cent.
Serena beat Sara Sorribes Tormo and Marie Bouzkova 2-6, 6-3, (13-11) in the women's doubles.
Carlos Alcaraz downed Felix Auger-Aliassime 6-4, 6-4 to book an Indian Wells semi-final place
Ajinkya Rahane is scouring the missing runs. By batting at the nets in shorts spans, against a variety of bowlers, and by doing everything else that is in his control, the seasoned Rahane is bracing up for the upcoming Test series against New Zealand, knowing well it could decide his future in the Indian team.
The rupee declined by 10 paise to close at 79.23 (provisional) against the US dollar on Friday, tracking the strength of the American currency in the overseas market. At the interbank foreign exchange market, the local currency opened at 79.20 and finally ended at 79.23, down 10 paise over its previous close of 79.13. "Gains for the currency were short-lived even after RBI announced forex related measures. "Pound held on to its gains after Boris Johnson said he was quitting as prime minister following a rush of ministerial resignations and calls for him to go," said Gaurang Somaiya, Forex & Bullion Analyst, Motilal Oswal Financial Services.
Wipro Ltd, India's third-biggest software services exporter, posted about an 8 per cent rise in quarterly profit as clients in North America and Europe spent more on technology.
Images from Tuesday's action in the Premier League
Images from the English Premier League matches played on Saturday.
Four of the five goals in a thrilling Group H match at Education City Stadium came from dangerous crosses
From the 30-share pack, Asian Paints, Reliance Industries Limited, Bajaj Finance, Mahindra & Mahindra, Indusind Bank, Bajaj Finserv, Maruti Suzuki, HDFC Bank and UltraTech Cement were the major gainers, jumping up to 5.56 per cent.
Hungary condemn England to worst home defeat since 1928
A look at how the teams in Group 1 placed at the end of the Super 12 stage in the T20 World Cup.
