Foreign Portfolio Investors (FPIs) have withdrawn Rs 20,974 crore from Indian equities in September, driven by global uncertainties, higher US interest rates and bond yields, elevated crude oil prices, and a weakening rupee.
Indian stock market benchmark indices, Sensex and Nifty, saw significant gains in early trade, driven by a sharp decline in crude oil prices and easing geopolitical tensions, alongside renewed foreign fund inflows.
Indian benchmark indices, Sensex and Nifty, opened in positive territory, primarily driven by a strong performance in IT stocks, sustained foreign fund inflows, and a dip in global crude oil prices, despite a hawkish stance from the US Federal Reserve. Track Sensex, Nifty on July 30.
Indian benchmark indices, Sensex and Nifty, saw early gains driven by lower crude oil prices and buying in Reliance Industries, even as the Reserve Bank of India maintained its benchmark policy rate for the fourth consecutive meeting, reinforcing confidence in the domestic economy.
Delhi Police have apprehended the cousin of a man stabbed to death during an armed robbery, along with other accused and a juvenile. The cousin allegedly tipped off assailants about the victim's cash movements. The police used extensive CCTV and ANPR analysis to trace the culprits, recovering a significant portion of the stolen cash. Three other accused remain at large.
Check Point Software Technologies has appointed Krishnan V V as its Managing Director and Country Head for India and South Asia. He will be responsible for business strategy, P&L, go-to-market execution, and organisational development, leveraging his three decades of leadership experience in the cybersecurity and technology sectors.
Listing, according to Noel Tata, will fundamentally change how the company and the group have been working over the past 150 years.
Six companies made their stock market debut on Thursday, setting a new record for the most mainboard listings on a single day since at least 1996.
EaseMyTrip co-founder Nishant Pitti has been chargesheeted by the Enforcement Directorate in the Mahadev online betting app money laundering case. He is accused of facilitating illegal betting proceeds into the equity market via foreign portfolio investments, with his DEMAT shares worth Rs 59.60 crore provisionally attached. Pitti denies knowledge of the chargesheet and vows to cooperate, while the ED alleges his involvement in stock price manipulation and layering crime proceeds.
Economy passengers are paying more year-on-year while business travellers are paying less.
Three Indian passengers were intercepted at Delhi airport with 10 professional-grade drones, described as military-grade unmanned aerial vehicles, equipped with thermal imaging and laser range finders. The drones, valued at over Rs 1.03 crore, along with an iPhone 18 Pro Max, were recovered from passengers arriving from Hong Kong. The seizure was made by Customs officers based on intelligence, as the drones were brought into India without declaration or payment of duty.
State Bank of India (SBI) anticipates that the newly introduced Merchant Discount Rate (MDR) on person-to-merchant (P2M) UPI transactions above 2,000, effective October 15, will enable it to recover the costs incurred in processing and facilitating these transactions, potentially even generating a small surplus.
Foreign institutional investors have withdrawn nearly $40 billion from Indian equities in the last two years and, according to Bernstein analysts, have 'little reason' to invest for the long-term, though they may 'return to trade'. The brokerage highlights challenges such as struggling large-caps, disruption from new technologies, and difficulties accessing small- and mid-caps (SMIDs) at an institutional scale.
Eighteen mainboard IPOs raised Rs 28,976 crore and carry Rs 2.48 trillion of market value -- 8.6 times the capital raised.
Saudi Arabia's East-West pipeline shutdown could make crude costlier for India as refiners face fewer supply routes and rising freight and insurance costs.
Indian benchmark indices, Sensex and Nifty, opened higher on Friday, primarily driven by a significant surge in Bajaj Finance shares following its strong Q1 FY27 earnings report, coupled with continued foreign fund inflows and a dip in crude oil prices. Track Sensex, Nifty on July 31.
Indian benchmark indices, Sensex and Nifty, saw early gains driven by strong buying in IT stocks like HCL Tech, Tech Mahindra, TCS, and Infosys, alongside a significant boost from HDFC Bank.
Mahindra has managed to deliver all these updates while retaining the starting ex-showroom price of 10.32 Lakh. And, that's a value play you rarely see in today's market, says Rajesh Karkera.
Fast-moving consumer goods (FMCG) companies in India are committed to maintaining current prices through the festive season, despite facing increased commodity costs and geopolitical disruptions. This strategy aims to protect consumer demand and sustain volume growth, even as margins remain under pressure.
Infosys Senior Vice President Vikram Meghal stated that India is experiencing a significant demand window in the semiconductor market and must evolve from merely engineering products to inventing complete systems. He highlighted the massive shifts driven by AI and supply chain challenges, urging a focus on "Invent in India" to capture higher value and leverage decades of investment in the ecosystem.
Maruti Suzuki India is strategically investing in the premium hatchback segment, launching a refreshed Baleno with advanced driver assistance systems (ADAS) to capture a significant share of the evolving Indian passenger vehicle market, even as SUVs continue their dominance.
Indian benchmark indices, Sensex and Nifty, closed nearly flat on Thursday, influenced by the US Federal Reserve's interest rate hike and indications of further monetary tightening. Despite some intraday gains, caution prevailed, with foreign institutional investors continuing to offload equities. Meanwhile, the National Stock Exchange of India's (NSE) mega initial public offering opened for subscription, garnering 39 per cent subscription on its first day.
UPI transactions saw a 27% volume increase and 20% value increase in the first half of the current fiscal year. Despite a slight moderation in September, the digital payment system is set to implement a 0.4% merchant discount rate on transactions over Rs 2,000, aiming for a sustainable revenue model. Small merchants and person-to-person payments remain exempt, and UPI's global presence continues to expand.
The United Arab Emirates (UAE) has expressed intent to invest an additional $25 billion in India, with an ultimate goal of reaching $100 billion in investments, Union Minister Piyush Goyal announced. This comes as both nations plan to enhance cooperation in shipping, ports, energy, and emerging technologies, against a backdrop of expanding bilateral trade.
Samsung India Electronics reported a 36 per cent decline in profit to 7,228.10 crore for the financial year ended March 31, 2026, even as its revenue from operations saw a slight increase of 1.2 per cent to 1.12 lakh crore.
India's economy is projected to lose momentum in the second half of fiscal 2026-27, with tighter financial conditions, elevated energy prices, and broadening inflation pressures posing significant risks, according to DBS Bank economist Radhika Rao.
Accel's early investment in RentoMojo, a furniture and appliance rental platform, has paid off handsomely with the company's strong debut on the stock exchanges, listing nearly 19 per cent above its issue price after a significantly oversubscribed IPO.
Pharma major Lupin is significantly increasing its focus on biosimilars, aiming for a turnover of nearly $500 million from this segment over the next five years, driven by new product launches and expanded presence in key global markets like the US, Europe, and Japan.
SEBI Chairman Tuhin Kanta Pandey stated that the National Stock Exchange (NSE) has not submitted any proposal seeking approval to trade on its own platform after getting listed, and such trading is currently not permitted. He also confirmed that SEBI would examine concerns raised by brokers and asset management companies regarding the new UPI Merchant Discount Rate (MDR) framework.
Indian cricket fans travelled thousands of kilometres, paying exorbitant prices for tickets and travel, to witness the India-Pakistan men's cricket final at the Asian Games in Nagoya, Japan, creating an atmosphere reminiscent of a stadium back home.
Most Indian investors start their investment journey with the wrong question. They ask, "Which fund will give the highest return?" instead of "How do I structure my investments so that I pay less tax, manage risk effectively, and still compound wealth over time?"
What happens to my money if the market falls off a cliff tomorrow? Sandipan Roy, CIO, Motilal Oswal Private Wealth has the answer.
Tata Projects has forged a strategic partnership with Canada-based MDS Aero Support Corporation to develop advanced aero-engine testing infrastructure in India. This collaboration combines Tata Projects' infrastructure capabilities with MDS Aero Support's global expertise in gas turbine engine testing, aiming to support India's rapidly growing aerospace and propulsion ecosystem.
AM Green Ammonia has won the Asian lot in H2Global's auction, securing a 10-year agreement to supply renewable ammonia to Germany, valued at over 585 million euros. This deal positions India as a significant exporter of green molecules, with production slated for AM Green's Kakinada project, utilising renewable power and aiming for 2029 deliveries.
India's derivatives market experienced a significant 23 per cent fall in average daily contracts traded in August, reaching a 13-month low of 224 million. This decline is primarily attributed to regulatory changes, including a higher securities transaction tax (STT) and enhanced collateral requirements, alongside the introduction of a closing auction session.
'Elevated crude prices and unchanged domestic fuel prices would put pressure on the profitability and cash flows of OMCs.'
FIRs have been registered against BJP leader Ravi Patil and others in Karnataka for allegedly attempting to delete the names of minority community voters from electoral rolls using fraudulent Form-7 applications. Similar cases of alleged voter deletion have also emerged in Bidar and Mysuru, leading to political protests by the Chief Minister.
India's Goods and Services Tax (GST) receipts, after accounting for refunds, surged by 18.1 per cent annually to approximately 1.77 trillion in September, marking its fastest growth in six months. This increase was primarily driven by a significant rise in tax revenue from imports, which grew 26 per cent annually.
IndiGo will have 74 of its 224 weekly international departures affected while Air India will relocate 33 of its 100 departures.
Homegrown software company Zoho has launched Zia Chat, a unified AI interface designed to streamline business operations across various functions. Alongside this, Zoho announced its entry into vertical SaaS with seven industry-specific applications for sectors like retail, automotive, healthcare, and education, reinforcing its position as a 'Swadeshi' alternative to global tech giants.
