Thursday, August 5, 2021
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Piyush Goyal invites foreign investors, cites healthy FDI inflows

Addressing the inaugural session of CII's Partnership Summit 2020, through virtual means, Minister of Railways, Commerce & Industry, Consumer Affairs and Food & Public Distribution Goyal invited foreign investors to be a part of India's growth story.

Small shareholders in Samsung nearly triple this year

Overseas investors sold a net 6.7 trillion won ($5.64 billion) worth of Samsung shares in the January-June period, with local institutions' net selling reaching about 2 trillion won.

FPIs invest Rs 20,574 crore in June

New Delhi: Foreign portfolio investors (FPIs) have pumped in a net Rs 20,574 crore into the Indian capital market in June so far amid...

FPIs rush to exit India; withdraw $6.4 bn in March quarter

FPIs bought net assets worth $6.3 billion in three months ended December 2019. FPIs were net buyers in January ($1.71 billion) and February ($265 million).

Rupee free fall continues, down 5 paise in early trade against USD

The dollar index, which gauges the greenback's strength against a basket of six currencies, was marginally down at 97.33.

India attracts $25 bn foreign PE investments so far 

Since 2005, when restrictions on FDI in real estate were lifted, the India realty sector has received more than $25 billion worth of equity investments from foreign investors.

Economy not in trouble; green shoots visible: Finance Minister

"So there is a steady growth and therefore negative growth, which it showed in September and October, has been corrected and we are on a positive growth trajectory."

Plan to hike FPI limit in corporate bonds to 15% from 9%: FM

Sitharaman said a scheme will be introduced to provide subordinate debt for entrepreneurs of MSMEs.

BSE Sensex jumps over 150 points, Nifty above 11,950

The Fed, as expected, made no change to interest rates after cutting the last three meetings in an effort to maintain solid economic growth.

India invites US investments in infrastructure projects

"The Modi 2.0 government has demonstrated its willingness to deepen its collaboration with industry and create a level playing field for foreign investors."

Equity gauges on a weak note, Yes Bank drops over 11 pc

Yes Bank dipped 10.72 per cent lower at Rs 87.85 per share after reporting 91 per cent drop in its net profit and bad loans worth Rs 6,230 crore during the first quarter of current fiscal.

Sensex rises over 100 pts; Nifty above 11,300 

The 30-share index was trading 134.95 points, or 0.36 per cent, higher at 37,670.61, while the 50-share NSE Nifty climbed 22.10 points, or 0.20 per cent, to 11,323.30.

Sensex falls over 150 pts ahead of key macro data release

Market sentiment also turned cautious ahead of the release of key macroeconomic data.

India gets over $30 billion foreign funds

As the year draws to a close, the Indian stock market seems to have regained its status as one of the most favoured destinations for foreign portfolio investors.

FDI in textiles rose three times in last two years, says Smriti Irani

Smriti Irani asserted that the country's man-made fibre sector can soon look forward to "good news" as an inter- ministerial group (IMG)has been formed to suggest measures to maximise its potential.

Nifty crosses 9,200 for first time, Sensex climbs 239 pts

The broader NSE Nifty crossed the key 9,200-mark by surging 64.70 points, or 0.70 per cent, to trade at an all-time high of 9,218.40.

US industry welcomes budget, terms it ‘forward-looking’

According to USIBC, the budget is a fiscally sound agenda that doubles down on Modi's stated goals of improving the ease of doing business.

Rupee down 10 paise at 67.84 vs US dollar in early trade

In the early trade on Tuesday, Rupee weakened by 10 paise to 67.84 against the US dollar at the Interbank Foreign Exchange.

Cleaning system from black money very high on my agenda: PM

Modi said cleaning the system from black money and corruption is very high on his agenda amid a push towards employment generation and self-employment opportunities.

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