India may be the top FPI destination once US Fed pauses rate hike: Analysts

Within three trading sessions in May, foreign portfolio investors (FPIs) have pumped in Rs 9,461 crore into Indian equities. Illustration: Uttam Ghosh/Rediff.com This follows net inflows worth Rs......

Life insurers' new biz premium down 17% in Feb, LIC collections shrink 32%

Life insurance companies  reported a 17 per cent year-on-year (YoY) drop in new business premium (NBP) in February as state-owned Life Insurance Corporation of India’s premiums......

Why M&A deals in India are down 80% so far in 2023

Mergers and acquisitions (M&As) by Indian companies have declined sharply by 80 per cent so far this year, in contrast with the same period last year, as bankers predict lower deal volumes due to......

Sensex surges 563 points as RIL, HDFC twins shine

Equity benchmarks shrugged off lacklustre global cues to clock smart gains on Tuesday, buoyed by strong buying interest in index heavyweights Reliance Industries and HDFC twins. Photograph:......