Foreign portfolio investors (FPIs) have withdrawn over Rs 12,000 crore from Indian equities this month so far, mainly due to a sustained rise in US bond yields and the uncertain environment resulting from the Israel-Hamas conflict. However, the story takes an intriguing turn on observing FPI activity in Indian debt as they have infused over Rs 5,700 crore into the debt market during the period under review, data with the depositories showed. Going ahead, the trajectory of FPIs' investments in India will be influenced not only by global inflation and interest rate dynamics but also by the developments and intensity of the Israel-Hamas conflict, Himanshu Srivastava, associate director - manager research, Morningstar Investment Adviser India, said.
India's leading capital goods and engineering firms are in the midst of one of their busiest seasons, with the combined orderbook surging past Rs 8 trillion in value. As on September 30, 2023, 13 of India's top 15 listed capital goods and engineering firms, for which data for the September 2023 quarter was available, had a total orderbook worth Rs 8.45 trillion - a number unseen at least since 2018-19. "This intuitively looks like an all-time high factoring in inflation," said Anupama Arora, a senior independent analyst who tracks the capital goods sector.
'If taxpayers have not filed a belated ITR, they will be allowed to file an updated ITR from April 1, 2024.'
Mumbai's run machine Sarfaraz Khan was ruled out of the match because of injury.
A round-up of the Ranji Trophy quarter-final matches played on Monday.
According to a notification issued by the Union home ministry, the commission will make inquiry with respect of the causes and spread of the violence and riots targeting members of different communities, which took place in Manipur on May 3 and thereafter.
Opener Shubham Rohilla struck his fourth first-class hundred to take Services to 279 for 4 against defending champions Saurashtra
Himanshu and Twinkle Kalia spend their days ferrying the ill to hospital, fetching medicines, arranging funerals and sometimes stepping in to perform last rites too.
According to intelligence sources, Singh is believed to be hiding in Pakistan and was a member of the pro-Khalistan terrorist group Babbar Khalsa International.
Foreign Portfolio Investors (FPIs) pumped in Rs 43,838 crore in Indian equities in May, the highest level in nine months, supported by strong macroeconomic fundamentals, and reasonable valuations. FPIs continued the buying stance in June too, and invested Rs 6,490 crore in just two trading sessions of the month, data with the repositories showed. VK Vijayakumar, chief investment strategist at Geojit Financial Services, said that inflow by FPIs will continue in the current month since the latest GDP data and high-frequency indicators reflect a robust economy gaining further strength.
In a dazzling resurgence, foreign investors have graced the Indian equity markets with an influx of nearly Rs 1.5 lakh crore in 2023, fuelled by optimism over the country's resilient economic fundamentals amid shadows of a gloomy global scenario. Experts believe that the positive trend may continue in 2024. This follows Indian equities witnessing the worst-ever net outflow of Rs 1.21 lakh crore by FPIs in 2022 on aggressive rate hikes by the central banks globally after net inflows for three consecutive years.
'You should enjoy acting; you should have a passion for it. Only then should you go for it.'
The collapse of Silvergate Bank, Silicon Valley Bank (SVB) and Signature Bank in the US might create temporary liquidity issues but will not have any significant impact on the Indian crypto market in the long run, officials from several exchanges told Business Standard. All three banks are considered crypto-friendly. SVB offered services such as cryptocurrency custody and lending.
Foreign Portfolio Investors (FPIs) have pumped Rs 47,148 crore in the Indian equities in June, making it the highest inflow in 10 months, enthused by the country's steadily improving macroeconomic fundamentals. However, inflows in July may be subdued as FPIs might adopt cautious stance due to the recent comments from the US Federal Reserve, Mayank Mehraa, Smallcase manager and principal partner at financial consultancy Craving Alpha, said. Besides, VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said FPIs are likely to turn a bit cautious going forward as valuations in the country are rich from a short-term perspective.
The dead included three police inspectors and three home guards, the official said.
The two stars are not exactly friends but here's who brought them under the same roof for one evening.
A round-up of the Ranji Trophy matches played on Monday.
Gujarat Titans knocked Royal Challengers Bangalore out of IPL 2023 with a six-wicket win, allowing Mumbai Indians to sneak through as the fourth team in the play-offs.
A round-up of Day 2 of the Ranji Trophy matches played on Sunday
A belligerent century from India all-rounder Shivam Dube brought Mumbai back into the contest against Uttar Pradesh.
Mutual funds focused on small-caps have emerged as the winner with a net inflow of close to Rs 11,000 crore in April-June quarter, as fund managers struggle to create alpha in the large-cap space, and the trend is expected to continue for some time. On the other hand, large-cap space, which is yet to pick up momentum, witnessed an outflow of Rs 3,360 crore during the quarter under review, data from the Association of Mutual Funds in India (Amfi) showed. Apart from the June quarter, small-cap funds logged an inflow of Rs 6,932 crore in three months that ended in March.
In the last assembly elections in 2018, the state recorded a voter turnout of 74.06 per cent. The Election Commission has set a target of at least 75 per cent turnout in each constituency this time.
Tiger was roaming in the streets of Indore on May 08. A state of panic ensued in the area after the incident.
The value of foreign portfolio investment (FPI) in Indian equities was at $542 billion in the March quarter of 2023, a decline of 11 per cent from the preceding year, largely due to the exodus of foreign money from the domestic market, according to a Morningstar report. In comparison, the value of FPI in Indian equities was $612 billion in the January-March quarter of 2022. On a quarter-on-quarter basis, the value of FPI in Indian equities fell by 7 per cent from $584 billion recorded in the three months ended December 2022.
Shivam Dube continued his recent streak of form with a counter-attacking fifty that proved to be the cornerstone of Mumbai's excellent 330 for six against Bengal
'The government is doing away with crucial laws such as the Forest Conservation Act and the Environment Protection Act which had helped safeguard our forests.' 'The President has to show that she will stand in favour of tribal rights.'
Spurred by Chirag Jani's a five-wicket haul, defending champions Saurashtra scripted their first knockout win of the season with a 238-run thrashing of Vidarbha on the third day of their Ranji Trophy Elite Group A match in Nagpur on Sunday.
Narayan Jagadeesan followed up his double ton in the previous game with a magnificent triple century to help Tamil Nadu declare their first innings
How the IPL teams have shaped up after the auction.
Seamers Shivam Dube (4/10) and Royston Dias (3/35) powered Mumbai's outright win over Bihar by an innings and 51 runs in their Ranji Trophy 2023-24 season opener in Patna on Monday.
Deepa Gahlot picks 10 Web series that was worth the viewer's while.
Bhuvneshwar Kumar blew away Bengal top-order in an incredible five-wicket haul
Dinesh Karthik hit a quickfire half-century as Tamil Nadu overcame a jittery start to down Baroda by 38 runs.
By the time, Mumbaikar gets to where it wants to be via a twisty third act, we begin to see how much better the film could have been. But it's almost too little, too late, complains Mayur Sanap.
Jaiswal, who struck a sublime 213 in the first innings, scored a magnificent 144 out of his team's second innings total of 246
Kangana Ranaut plays an Air Force pilot in Tejas, joining an increasing list of films and shows centered around women playing significant roles in their careers.
Possible phishing attack targets high-profile channels run by Barkha Dutt and Tanmay Bhatt.
North bowlers made optimum use of it to reduce North East to 58 for 3 at close. NE trail by 607 runs.
'IT companies do not have a large presence there either in terms of market and team. So, the impact of the war will be minimal. But West Asia is an emerging economy.'
Royal Challengers Bangalore will aim to shed the over-reliance on their celebrated top-order when they face a belligerent Lucknow Super Giants in the IPL match in Lucknow on Monday.
