Foreign portfolio investors (FPIs) remained net sellers of Indian equities in September, withdrawing Rs 23,885 crore (around $2.7 billion) and taking year-to-date outflow to Rs 1.58 lakh crore ($17.6 billion).
Afghan Acting Foreign Minister Amir Khan Muttaqi met Federation of Indian Chambers of Commerce and Industry (FICCI) members on Monday to discuss opportunities in his country, especially in the mining sector. The Taliban, who now control Afghanistan, is seeking to repair its ties with New Delhi, and is hopeful of Indian public and private sectors increasing investments in the mining and power sector, and greater trade and commerce.
Amid US-China trade tensions and economic vulnerabilities, India must seize the 'China +1' opportunity, deepen reforms, secure FTAs, and globalise its firms for long-term growth, suggests Ajay Shah.
IT services firm Wipro on Thursday reported a marginal increase in consolidated net profit to Rs 3,246.2 crore in the July-September quarter, even as company CEO and MD Srini Pallia asserted that the demand environment remains robust with discretionary spends shifting towards AI-related projects.
An Indian national fighting alongside the Russian military surrendered to Ukrainian forces. The individual, identified as Majoti Sahil Mohamed Hussein from Gujarat, claimed he was forced to join the Russian military to avoid prison after being convicted on drug-related charges.
At a time when Indian football is seeking a radical overhaul, the Super Cup, starting in Goa from Saturday, could act as a catalyst for clubs to build their teams, prepare their players, get valuable match time, and keep their hopes of continental qualifications alive.
Among Sensex firms, Trent, Tech Mahindra, Hindustan Unilever, UltraTech Cement, Asian Paints, Eternal and ITC were the major laggards. Selling in HDFC Bank and ICICI Bank also dragged the key indices. However, Axis Bank, Bajaj Finance, Maruti and State Bank of India were among the gainers.
Among Sensex firms, Tata Motors, Bharat Electronics, UltraTech Cement, Tech Mahindra, Mahindra & Mahindra, ICICI Bank, Tata Consultancy Services and Axis Bank were the major laggards. However, Power Grid, Hindustan Unilever, NTPC and HCL Tech were among the gainers.
The representatives of youth-led Gen Z, which spearheaded the anti-government protests, held meetings with the top military brass to finalise a transitional government, but the talks hit a roadblock on the issue of who will head it.
With average returns of 18 per cent over the past year, listed real estate investment trusts (Reits) have clearly outperformed both the Nifty Realty index and the Sensex. Over the same period, Nifty Realty fell 15.5 per cent, while the benchmark index was largely unchanged. Steady office leasing, the Securities and Exchange Board of India's (Sebi's) decision to reclassify Reits as equity instruments, and ongoing portfolio expansion have strengthened the sector's appeal.
In a major shift from his earlier stance, United States-President elect Donald Trump has expressed his support for the H-1B visa programme and acknowledged frequently using it for his own properties, calling it a 'great programme', according to a report by New York Post.
Pakistan's ambassador to Turkmenistan, K K Wagan, was deported from the United States after being denied entry at Los Angeles airport. The incident has sparked concerns about diplomatic protocol and the nature of the US authorities' decision. Wagan, who holds a valid US visa, was forced to return to his last port of departure. The Foreign Office confirmed the envoy had gone to the US on a private visit and is investigating the matter. It remains unclear what specific concerns triggered the deportation, but sources suggest the US immigration system flagged Wagan over controversial visa references. The incident has been communicated to Pakistan's Foreign Minister Ishaq Dar and Foreign Secretary Aamna Baloch, and the Foreign Ministry has directed its Consulate in Los Angeles to investigate.
Arjun Erigaisi breathed a sigh of relief after receiving his US visa to compete in the upcoming World Rapid and Blitz Championships in New York
Mohun Bagan Super Giant pulled out of their Tuesday's match against Isfahan after their six foreign players declined to travel to Iran following "advisories from their respective countries".
'If the Trump administration decides to put guardrails on H-1B visas, that will surely impact both US and Indian firms.'
US Ambassador-designate Sergio Gor emphasizes the importance of the India-US relationship after meeting with Prime Minister Narendra Modi, focusing on cooperation in defence, trade, and critical minerals.
rediffGURU Dr Karan Gupta, an overseas education expert, suggests how to pick the right course and country to study abroad.
Earlier, MBSG had requested the Asian Football Confederation (AFC) to shift their September 30 ACL 2 match against Sepahan SC out of Iran, citing safety concerns.
Stock markets will be driven by RBI's interest rate decision, tariff-related developments, global trends and trading activity of foreign investors in this holiday-shortened week, analysts said.
The Indian team has returned from the US after holding trade talks with their American counterparts in New York, an official said on Thursday. Commerce and Industry Minister Piyush Goyal, who led the team, will be back on Friday.
'The frenzy for gold is primarily due to the uncertainty surrounding the tariff war.'
Trump also said that he has also used the H-1B visa programme.
Most pharma shares dropped, dragging the BSE Healthcare index down by 2.14 per cent after Trump's move to impose 100 per cent import tariffs on pharmaceutical drugs from October 1. Wockhardt shares tanked 9.4 per cent.
While both sides have announced the decision to restart talks for a trade deal, government officials said discussions are continuing virtually.
The Supreme Court reprimanded an Israeli businessman residing in India, questioning his presence in Goa while seeking to halt the repatriation of his two daughters and their Russian mother, who were rescued from a Karnataka forest.
Indian-origin tech companies cornered a fifth of all H-1B visas issued by the US with Infosys and Tata Consultancy Services leading the pack, an analysis of data from the US immigration department showed. According to data from the US Citizenship and Immigration Services, in April-September 2024 period, out of the total 1.3 lakh H-1B visas issued to different employers, about 24,766 visas were issued to Indian-origin companies.
A lot of entertaining content is coming your way on OTT this week! Namrata Thakker lists your entertainment, coming up, so you can binge-watch movies and shows high on romance, drama and humour.
'Stage five of this catastrophe has begun: Starvation.'
'The US values its relationship with India and under the strong leadership of President Donald J Trump and Prime Minister Modi, I am optimistic about the days ahead for both of our nations.'
Nepal's former Chief Justice Sushila Karki is set to lead an interim government, announced by the President's office, following the resignation of prime minister K P Sharma Oli. She will be the first woman prime minister of Nepal.
Given the strong interest among rich Indians to settle abroad, the Dubai-based company has opened a full-fledged office in New Delhi and plans to follow it up soon with an office in Mumbai and then a few in central and southern parts of the country.
Given the strong interest among rich Indians to settle abroad, the Dubai-based company has opened a full-fledged office in New Delhi and plans to follow it up soon with an office in Mumbai and then a few in central and southern parts of the country.
'In so far as bilateral sports events in each other's country are concerned, Indian teams will not be participating in competitions in Pakistan. Nor will we permit Pakistani teams to play in India.'
An Indian national, who had arrived in the United States illegally, has been arrested for causing a multi-vehicle crash while driving a truck in California last year that critically injured a five-year old child and left her with life-altering injuries.
'During the 5-day visit, Amir Khan Muttaqi would have, conceivably, bumped into our powerful security agencies one way or another and some interaction would have ensued, which, in turn, can lead to future dealings.' 'Indeed, this will be the one crucial template of the Indo-Afghan relationship that Pakistan will be monitoring closely,' points Ambassador M K Bhadrakumar.
Global rating Moody's on Monday affirmed India's long-term local and foreign-currency issuer ratings and the local-currency senior unsecured rating at 'Baa3' with a 'stable' outlook on the back of robust economic growth and sound external position. The rating agency also affirmed India's other short-term local-currency rating at P-3.
On July 1, both victims were first sent to Kazakhstan and later transported to Omsk, Russia, where they were abandoned. "There were no jobs, no accommodation and they had to survive for days without proper food and shelter," a senior officer said.
Suryakumar fined 30 percent of match fee, India appeal verdict
Erigaisi also requested External Affairs Minister S Jaishankar, Sports Minister Mansukh Mandaviya and the All India Chess Federation (AICF) to help him get the visa.
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