Foreign investors have pulled out Rs 22,420 crore from the Indian equity market so far this month, owing to high domestic stock valuations, increasing allocations to China, and the rising US dollar as well as Treasury yields. With this sell-off, Foreign Portfolio Investors (FPIs) have recorded a total outflow of Rs 15,827 crore in 2024 so far. As liquidity tightens, FPI inflows are expected to remain subdued in the short term.
IIT Kanpur has announced a breakthrough in stealth technology, which would make tanks and fighter aircraft invisible, or near-invisible to enemy radar.
The escalation in the US-China trade war is expected to help India increase its exports and attract investments from American companies, think tank GTRI said on Friday. He said that last month, the US Senate introduced two bills that could intensify the trade war and have major global economic impacts if passed.
An inquiry committee will be formed to probe the derailment of 25 wagons of a freight train near Vrindavan in Mathura district, a senior official said on Thursday.
'Inflation is not good for industry. Nor for the economy as a whole.'
Former Congress leader Jagdambika Pal on Wednesday joined the Bharatiya Janata Party along with stand-up comedian Raju Srivastava.
The steep cut in Customs duty on silver in the FY25 Budget to 6 per cent from 15 per cent may provide the government temporary relief by checking the spurt in silver imports from the United Arab Emirates (UAE) under the Comprehensive Economic Partnership Agreement (CEPA). In FY24, silver imports from the UAE jumped to $1.7 billion from only $11.18 million in FY23, according to commerce department data. In May, about 87 per cent of India's silver imports came from Dubai.
'While criticising India's high tariffs, Mr Trump stated he would impose reciprocal taxes on Indian products if re-elected.' 'However, since India's tariffs follow WTO rules, Mr Trump's actions would violate these rules,' Ajay Srivastava points out.
Foreign investors turned net sellers in October, withdrawing shares worth Rs 58,711 crore in the month so far owing to escalating conflict between Israel and Iran, a sharp rise in crude oil prices, and the strong performance of the Chinese market. The outflow came following a nine-month high investment of Rs 57,724 crore in September. Since June, Foreign Portfolio Investors (FPIs) have consistently bought equities, after withdrawing Rs 34,252 crore in April-May.
Rammu Guru, the head priest of the temple, said, "Sai Baba was being worshiped without proper knowledge, which is forbidden according to scriptures."
Across the board, brands use influencers like a Bhuvan Bam or Kusha Kapila as the second or third rung of their strategy. The first rung is always a celebrity that has been created outside the Internet, through mainstream media.
Foreign investors have continued selling in the Indian market, pulling out a massive Rs 85,790 crore (around $10.2 billion) from equities this month due to Chinese stimulus measures, attractive stock valuations, and the elevated pricing of domestic equities. October is turning into the worst-ever month in terms of foreign fund outflows. In March 2020, FPIs withdrew Rs 61,973 crore from equities.
Fundraising momentum is expected to accelerate further in the New Year, potentially surpassing 2024's record figures
Some of the lawyers claimed they suffered injuries as police personnel used batons on them, and police officials alleged that agitating advocates set a local police outpost on fire.
India's economy is likely to grow by 6.5 per cent in the current and the next financial year, an EY report said, attributing lower than anticipated expansion in the September quarter to fall in private consumption expenditure and gross fixed capital formation. Real GDP growth eased to a seven-quarter low of 5.4 per cent in July-September -- the second quarter of the current 2024-25 fiscal year.
'For us, it's "keep moving and keep building a critical mass", which is commensurate with the size of the country.'
Equity mutual funds witnessed an inflow of Rs 35,943 crore in November, marking a drop of 14 per cent on a month-on-month basis, amid heightened volatility in stock markets driven by various macroeconomic factors, geopolitical events and US election results. Despite this, it marked the 45th consecutive month of net inflows into equity-oriented funds, reflecting the growing popularity of mutual funds among investors, according to data from the Association of Mutual Funds in India (AMFI) released on Tuesday.
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 train was stopped in time by bystanders, preventing a major accident. Bhadauriya was quickly rescued from the tracks by the police and taken to the hospital, according to eyewitnesses.
Samit Dravid, son of former India head coach and captain Rahul Dravid, was on Thursday roped in by Mysuru Warriors during the player auction
In a breakthrough, Mumbai Police and Uttar Pradesh Special Task Force (STF) on Sunday arrested wanted shooter Shivkumar in Nationalist Congress Party politician Baba Siddique murder case from the northern state along with four others, an official said.
While war rooms are set up closer to the sales, warlike preparations go into it almost 12 months in advance to ensure that on D-day the firm gives its best to its customers.
A 1951 model antique hand-made classic Rolls Royce car, a single model till date valuing more than Rs 2.5 crore at present and ordered by first prime minister Jawaharlal Nehru for the erstwhile 'maharani' of Baroda, has become a major bone of contention in a matrimonial dispute in the Supreme Court.
So far this year, bankers have earned Rs 1,226 crore for handling 45 IPOs, which together mobilised Rs 48,363 crore.
Tainted Uttar Pradesh paceman Shalabh Srivastava feels he hasn't got "justice" after the BCCI slapped a five-year ban which means that his career is "as good as over."
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.
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.
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.
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 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 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 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.
Virat Kohli's wax statue unveiled in Jaipur Wax Museum
'Any finality in such matters requires political views. We will review it closer to the full Budget.'
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.
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.
'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 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.
Twin tons by openers Tanmay Srivastava and Mukul Dagar helped Uttar Pradesh make a strong reply to Maharashtra's mammoth total of 764 for six declared, reaching 287 for one on day three of their Group B Ranji Trophy match in Pune on Sunday.
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.
