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.
Stocks of new-age companies have seen a mixed performance thus far in calendar year 2023 (CY23). While those of One97 Communications (parent company of Paytm), PB Fintech and Zomato have surged up to 63 per cent year-to-date (YTD), FSN e-commerce, the parent company of Nykaa, however, has dropped 14 per cent YTD. By comparison, Nifty50 and Nifty 500 indices have advanced 7 per cent and 8.7 per cent, respectively, during the period, ACE Equity data show.
Vigilance Commissioner Suresh N Patel was on Wednesday appointed as the Central Vigilance Commissioner, a year after the post fell vacant.
"In the coming days if we see a political or constitutional upheaval in Pakistan, or an increase in instability, then we cannot rule out the possibility of another coup in the country," said defence expert Sanjeev Srivastava.
In her defence, the teacher, Tripti Tyagi, has said that the video has been tampered with in order to stoke tensions.
The previous May peak was observed in 2018 when the domestic PV wholesales stood at 301,238 units.
"The court of Additional Sessions Judge/First MP-MLA Court Durgesh also imposed a fine of Rs 5 lakh on Mukhtar and Rs 1 lakh on Afzal," ADGC Criminal Neeraj Srivastava said.
The ruling Bharatiya Janata Party won the mayoral elections in 10 of the 17 municipal corporations in Uttar Pradesh, results for which were announced on Saturday, virtually adding a third engine to its "double-engine" government.
A video showing the incident involving school teacher, Tripta Tyagi, and the Class 2 boy in Muzaffarnagar has gone viral on social media eliciting strong words from several political parties.
The fundraising through rights issues in the first 10 months of 2022 is the lowest since 2016 during a similar period.
Maruti Suzuki India (MSI) plans to drive in CNG trims across its product range as it remains bullish over long-term prospects of the segment amid increase in fuel prices and drop in diesel car sales, according to a senior company official. The company, which sold around 1.62 lakh CNG cars last fiscal year, is also counting on the rapid expansion of CNG dispensing outlets across the country to bring in more CNG products. Bullish on the expansion of the sales network, the automaker expects its CNG car sales to almost double this fiscal year over 2020-21.
The Delhi Police has recorded the statement of Wrestling Federation of India chief Brij Bhushan Sharan Singh in connection with the allegations of sexual harassment.
Domestic passenger vehicle (PV) sales saw a significant growth in October due to increased availability of semiconductor chips and rising consumer confidence. The sales figures during the month - which coincided with the first post-Covid festival season - released by the top ten carmakers saw a jump of 30.7 per cent to 322,885 units in October. Auto companies count wholesales - units dispatched to dealers - as sales.
Don't exit from growth-style funds as they may benefit next from a shift in investor preference.
The offence attracts life imprisonment or imprisonment of either description for a term which may extend to 10 years, besides fine.
Alia Bhatt held a screening of her debut production, Darlings. Look who came to watch.
The Rajasthan police early on Friday removed the widows of the three CRPF jawans killed in the 2019 Pulwama terror attack from the protest site outside Congress leader Sachin Pilot's house here and shifted them to hospitals near their respective residential areas.
The Supreme Court has dismissed a public interest litigation against the demolition of 'corona mata mandir,' constructed by a woman along with her husband in Uttar Pradesh's Pratapgarh district, saying it was an 'abuse of the process.'
He was admitted to AIIMS Delhi on August 10; the comedian had collapsed after experiencing chest pain while working out at the gym.
A video of a constable bursting into tears and sitting on a dharna over the 'poor' quality food provided by the mess at the police lines in Firozabad has prompted the department to order an inquiry.
Officials said most of the preparations are complete and the counting will start at 8 am on Saturday.
With the merger between HDFC Bank and HDFC Ltd complete, analysts said the next key monitorable for the Street would be successful resolution of merger-related hiccups, including employee-related churn and roll out of complete banking services across branches. At the bourses, they expect the stock to perform in-line with the benchmark indices in the near-term. "There's usually an initial period of consolidation after a merger as the entities work towards integration.
In a letter to CM Shinde and chief secretary Manukumar Srivastava on March 9, Gadkari also criticised Joshi, an IAS officer, for allegedly stalling admission to nearly 1,100 seats linked to courses offered by the College of Physicians and Surgeons-affiliated.
Villagers said the temple was constructed five days ago by Lokesh Kumar Srivastava with the help of donations from local residents.
After three consecutive years of infusing huge funds, foreign portfolio investors retreated from the Indian equity markets in a big way in 2022 with the highest-ever yearly net outflow of nearly Rs 1.21 lakh crore. The huge outflow, which surpasses by a big margin the previous record of Rs 53,000 crore net withdrawal in 2008, came amid aggressive rate hikes by central banks globally but 2023 is expected to be better on positivity about overall macroeconomic trends in India, experts said. Apart from global monetary tightening, volatile crude, rising commodity prices along with Russia and Ukraine conflict led to an exodus of foreign money in 2022.
Gross inflows into active equity mutual fund (MF) schemes dipped 34 per cent month-on-month (MoM) -- to Rs 25,400 crore -- in April as investors applied brakes on lump sum investments amid a sharp upwards movement in the market. Gross inflows for March stood at Rs 38,641 crore. The sharp decline pulled the net inflows to a five-month low of Rs 6,480 crore, shows data released by the Association of Mutual Funds in India (Amfi).
Pant, a 1991-batch Indian Administrative Service officer of Rajasthan cadre, is currently secretary in the ministry of ports, shipping and waterways.
Companies don't have to be in the field to nudge people to return money they owe lenders.
In a major development, India and the US have agreed to end six trade disputes at the WTO through mutually agreed solutions, while New Delhi will remove retaliatory customs duties on certain American products such as almonds, walnuts, and apples.
The tweets by Shehla, dated August 18, 2019, had accused the Army of entering houses and "torturing" locals in Kashmir.
The eastern and northern parts of Delhi witnessed rain and hailstorm, IMD said.
The project was announced in September 2019 and Prime Minister Narendra Modi laid the foundation stone of the new Parliament building on December 10, 2020.
Half a dozen people have been detained for interrogation in connection with the death of two Muslim men whose bodies were found in a car in Haryana after they were allegedly abducted by cow vigilantes, according to police.
The actor died on Friday after suffering a heart attack at a gym in Mumbai. He was 46.
Despite markets turning volatile, share sale activity at India Inc has surged to its highest level in five months. So far in March, promoters, strategic investors and other large shareholders have been able to offload shares worth more than Rs 33,000 crore-the most since November-defying uncertain market conditions. Both the Sensex and the Nifty are on course to post their fourth straight monthly loss amid headwinds, such as interest rate tightening by the US Federal Reserve and the global banking crisis.
Readers have responded resoundingly to our invitation to congratulate the ISRO team for Chandrayaan-3's successful Moon landing.
The reported 'confessions', including those allegedly made before a magistrate, by Mehrauli killing accused Aaftab Amin Poonawala do not have conclusive legal validity, experts said, doubting that several key conditions were not fulfilled.
The boy from Kanpur kept his audiences in theatres, on television and lately on social media platforms engaged with vivid societal sketches, be it about travelling in Mumbai's famous locals or lampooning queues at wedding buffets.
With rising petrol and diesel prices driving up demand for its CNG vehicles, the country's largest carmaker Maruti Suzuki India plans to widen its CNG portfolio by offering the fuel option in four more models 'very shortly', according to a senior company official. The company, which plans to launch an electric vehicle (EV) in the Indian market by 2025, is also currently keeping a close watch on the country's EV ecosystem "to find out what is the best way of evolution" to be able to offer affordable EVs with hassle free charging infrastructure in order to clock high volumes for a sustainable business.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances