Foreign investors have poured Rs 57,359 crore into Indian equities in September, making it the highest inflow in nine months, mainly driven by a rate cut by the US Federal Reserve. With this infusion, foreign portfolio investors' (FPIs) investment in equities has surpassed the Rs 1 lakh crore mark in 2024, data with the depositories showed. Going ahead, FPI inflows are likely to remain robust, driven by global interest rate easing and India's strong fundamentals.
So far this year, bankers have earned Rs 1,226 crore for handling 45 IPOs, which together mobilised Rs 48,363 crore.
Samit Dravid, son of former India head coach and captain Rahul Dravid, was on Thursday roped in by Mysuru Warriors during the player auction
India stares at the risk of an influx of Chinese products as US tariffs on a range of Chinese goods, including solar panels, electric vehicles, lithium-ion batteries, syringes, and steel, are set to take effect from September 27. With higher tariffs reducing China's access to the US market, there is concern that China may divert its exports to other markets, including India, which could lead to potential dumping of goods. This situation could challenge Indian industries, particularly in sectors where competition with Chinese products is already fierce.
The India all-rounder was reported by the umpires for pointing NZ batsman Corey Anderson towards the pavilion in an "aggressive manner" after dismissing him.
The escalation of conflict in the West Asian region is expected to push already high logistics costs besides hurting trade in sectors such as oil, electronics and agriculture, according to exporters. They said that insurance costs for exports to the countries directly involved in the war could also go up, which will impact Indian exporters' working capital. Think tank Global Trade Research Initiative (GTRI) stated that the conflict is already hurting India's trade with countries like Israel, Jordan, and Lebanon.
This has invited sharp reaction from the Opposition, with the Samajwadi Party saying that the BJP was afraid of its defeat in Milkipur due to which it moved the court for "stalling" polls on the assembly seat.
An allocation to ESG theme funds can bring down the overall risk of an equity portfolio. Investors with long-term financial goals, such as retirement, should not ignore sustainable investing.
The trailer shows that elements of mystery and erotic tension of this pulpy universe are very much in place, making this an interesting cocktail of romance and thrills, feels Mayur Sanap.
India's gold and silver imports from its free trade agreement (FTA) partner UAE have skyrocketed 210 per cent to $10.7 billion in 2023-24 and there is a need to potentially revise the concessional customs duty rates under the pact to mitigate the arbitrage driving this surge, a report said on Monday. Economic think tank Global Trade Research Initiative (GTRI) said this sharp rise in gold and silver imports is primarily driven by import duty concessions granted by India to the UAE under the India-UAE Comprehensive Economic Partnership Agreement (CEPA).
'The correction in the markets in the initial part of August provided investors a good buying opportunity.'
A total of 1,016 candidates -- 664 men and 352 women -- have qualified in the examination and have been recommended by the Union Public Service Commission for appointment to various services.
During the first eight months of CY24, 50 IPOs mobilised Rs 53,453 crore.
'Any finality in such matters requires political views. We will review it closer to the full Budget.'
The IPO filing-to-approval lapsing ratio this year is the best in three years, underscoring the improvement in the IPO market's buoyancy.
Foreign investors continued their relentless selling in the Indian equity markets in August, offloading shares worth Rs 21,201 crore due to the unwinding of the yen carry trade, recession fears in the US and ongoing geopolitical conflicts. This came after an inflow of Rs 32,365 crore in July and Rs 26,565 crore in June, data with the depositories showed.
A court in New Delhi on Tuesday reserved its order on the bail plea of an SUV driver and four owners of the coaching centre basement in the Old Rajinder Nagar area which was flooded with rainwater and led to the death of three civil services aspirants.
It noted the prosecution's submissions about the need to take Kumar to Mumbai and other parts of the national capital to collect evidence, which was not possible without the accused's custody.
Virat Kohli's wax statue unveiled in Jaipur Wax Museum
The Supreme Court on Monday refused to entertain a PIL seeking a court-monitored CBI or SIT probe into the violence in West Bengal's Sandeshkhali village, saying the incidents cannot be compared to the savagery in Manipur.
'In India, managers and the leadership almost glorify overworking.'
Observing that working conditions have made doctors and health professionals susceptible to violence, the Supreme Court on Tuesday constituted a 10-member task force to formulate a national protocol for ensuring safety and facilities for them in the wake of the rape and murder of a medic in Kolkata.
The composer is upset for not getting credit for his song Paro in Prakash Jha's Chakravyuh.
A first information report (FIR) was filed in Ghaziabad on Monday against Alt-News co-founder Mohammad Zubair for allegedly promoting enmity among religious groups and other offences following a complaint by an aide of controversial priest Yati Narsinghanand, according to police.
Uttar Pradesh gangster Om Prakash Srivastava, alias Babloo Srivastava, along with two others were sentenced to life imprisonment on Tuesday in connection with the murder of Income Tax Commissioner L D Arora in 1993 in Allahabad by a court in Kanpur. The court convicted Babloo, Kamal Kishore Saini and Manjit Singh, alias Mange, and handed down life imprisonment to them with a fine of Rs 10,000 each.
'Dinesh has left us around 12:08 am. We know that he had liver issues and it had an impact on the other organs.'
This is the third reported incident in the past two months in the Agra Division in which the crew of an express train violated the speed restriction.
In July last year, a Delhi Court had sentenced Babloo and Shah to life imprisonment for killing Suneja, a Delhi-based businessman, in 1992.
The case under the Gangsters Act was registered against Ansari at the Karanda police station in 2010 following the murder of Kapildev Singh, a teacher, and an attempt on the life of Meer Hasan, a trader, both in 2009.
Banks reported muted treasury gains during April-June of FY25 (Q1FY25) following Reserve Bank of India's (RBI's) revised norms on investment portfolio effective from April 1, 2024, despite softening of government bond yields. "Banks have reported muted treasury gains during Q1 of FY25 despite softening of yields across the curve. "The main reason was change in the investment valuation and classification guidelines by the RBI.
Domestic exporters on Monday expressed concerns over the crisis in Bangladesh and said the developments in the neighbouring country would have implications on bilateral trade. However, exporters expect that the situation may normalise soon. According to exporters, they are already facing disruptions in exports to Bangladesh due to a shortage of foreign exchange in that country.
Film folk arrived to watch singer Guru Randhawa make his acting debut in a feature film called Kuch Khattaa Ho Jaay in the film's special screening.
The passenger He said that there were pregnant women and elderly people travelling on the plane, but despite it, "the Indigo team declined to help the passengers and asked them to make their own arrangements at a 3rd location".
Taapsee, Vikrant, Sunny are a fine fit on their own as well as around each other and prove themselves to be well equipped to survive the air of double dealing. What's missing is sizzle, feels Sukanya Verma..
Former Congress leader Jagdambika Pal on Wednesday joined the Bharatiya Janata Party along with stand-up comedian Raju Srivastava.
Investors should use a mix of active and passive funds.
Edtech company Byju's, which was once India's most valuable start-up worth an estimated $22 billion, will face insolvency proceedings for failure to pay Rs 158.9 crore to cricket board BCCI. The Bengaluru bench of the National Company Law Tribunal (NCLT) on Tuesday allowed bankruptcy proceedings against the firm and appointed an interim resolution professional, suspending the company's board of directors and freezing its assets.
In a video statement, Suraj Pal who also goes by the name of Narayan Sakar Hari expressed his grief and condoled the deaths at the tragedy that took place earlier this week during a 'Satsang' in Fulari village in Hathras district.
Leading automakers Maruti Suzuki, Hyundai and Tata Motors on Friday reported robust sales for February as demand for sports utility vehicles continued to remain strong. Mahindra & Mahindra, Toyota Kirloskar Motor and Honda Cars also witnessed higher vehicle dispatches to dealers last month. February turned out to be the third-best month for sales for the industry ever.
'Liquid ETFs help in cash management by enabling a smooth transition between equity and cash within the same settlement cycle, as they trade in the same segment as equity.'