Foreign investors pulled out Rs 17,955 crore (Rs 2 billion) from Indian equities in the first two weeks of this month, taking the total outflow to Rs 1.6 lakh crore (Rs 18.4 billion) in 2025.’ Illustration: Dominic Xavier/Rediff This sharp
WPI inflation data, trading activity of foreign investors and global cues would dictate trends in the stock market this week, analysts said. Besides this, movement of the Rupee against the US dollar and crude oil would also be tracked by
It also offered a glimpse into why the bond market remains pessimistic on interest rates, inflation, and the deficit at the same time—much of which is also due to Trump’s policies. A key takeaway from the BofA report is that
‘We have seen that stablecoins lack the basic attributes of money, their advantages are neither unique nor unambiguous and their risks are all too real.’ IMAGE: Reserve Bank of India Deputy Governor T Rabi Sankar speaks at the Global Fintech
InterGlobe Aviation, the operator of IndiGo, has approached the Delhi high court seeking a refund of over Rs 900 crore it claims to have paid as Customs duty on aircraft engines and parts re-imported into India after overseas repairs. Photograph:
Next week’s three-nation foreign tour of Prime Minister Narendra Modi will see India and Oman sign a free trade deal. Illustration: Dominic Xavier/Rediff The visit will also pave the way for agreements with Ethiopia and Jordan to increase India’s bilateral
The Union Cabinet on Friday approved 100 per cent foreign direct investment (FDI) in the insurance sector, a move that was welcomed by industry as it would help attract more capital and global expertise, while boosting insurance coverage in the country.
Hyderabad-based Mold-Tek Packaging signed an MoU with Vibe Generation earlier this month to commercialise its patented, safety-enhanced closures used in specialty chemicals, lubricants and other industrial applications. Under the arrangement, Mold-Tek will develop moulds and manufacture the components, while Vibe
E-commerce platform Shiprocket, backed by Temasek, has submitted updated draft papers to the markets regulator, Sebi, to raise ₹2,342 crore via its initial public offering (IPO). The public issue comprises a fresh issue of equity shares worth up to ₹1,100
Brookfield Asset Management will invest $1 billion to develop Asia’s largest global capability centre (GCC) in Mumbai’s Powai, the New York-based global alternative asset manager said in a statement on Friday. Photograph: Mark Blinch/Reuters The infrastructure arm of Canada’s investment
