Daily Headlinez Top News Updates
MUMBAI: Two weeks into the war in West Asia, investors in India have lost a staggering Rs 34 lakh crore worth of wealth due to the strong selloff in the stock market.The turmoil has also shaved off a little over 5,250 points or 6.5% from the sensex, as foreign funds have doubled down on their…
Foreign portfolio investors (FPIs) infused Rs 22,615 crore into Indian equities in February, marking the highest monthly inflow in 17 months, supported by improving market valuations, strong corporate earnings and easing trade uncertainties, according to depository data reported by PTI.The inflows follow three straight months of heavy selling, during which FPIs withdrew Rs 35,962 crore…
NEW DELHI: Initiating a discussion on Budget 2026-27 in the Rajya Sabha on Monday Congress’ P Chidambaram attacked govt for cutting capital expenditure in 2025-26.“This is a forgettable budget… which has been prepared by a finance minister who forgot the promises made by her in this House last year,” the former finance minister said.Chidambaram pointed…
MUMBAI: The rupee, which slipped from 87.85 to 88.72 against dollar between Aug and Oct 2025 and now to 90.20 in Dec, remains fundamentally undervalued even as other emerging market countries register currency gains.The undervaluation reflects the manner in which foreign capital outflows continue to influence the rupee rather than a decline in domestic fundamentals.According…
Markets regulator Sebi on Wednesday announced that foreign portfolio investors (FPIs) investing solely in government securities under the fully accessible route will no longer be required to provide investor group details.In a circular, Sebi said these investors will also be exempted from certain disclosure and reporting requirements applicable to regular FPIs. The changes are intended…
