New Delhi, March 23 (SocialNews.XYZ) Foreign portfolio investment (FPI) in India this fiscal has seen steady growth in debt investment in sharp contrast to the volatile equity investment, V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial…
New Delhi, March 23 (SocialNews.XYZ) As countries like Germany, Japan and the UK continue to drop down in GDP (PPP) rankings over the years, India has achieved significant gains in GDP and the country’s share…
New Delhi, March 23 (SocialNews.XYZ) Sebi’s directive to mutual fund schemes with investments in ETFs listed on foreign exchanges comes as the Mutual Fund industry reaches close to the investment limit of $1 billion set…
New Delhi, March 22 (SocialNews.XYZ) There has been a reduction of 36.69 per cent in the volume of coal imported for blending by thermal power plants, amounting to 19.36 million tons (MT) during April 2023…
New Delhi, March 22 (SocialNews.XYZ) The ‘Illness to Wellness’ initiative, a national campaign aimed at generating awareness on various mind and body conditions and providing holistic and broad stakeholder engagements – with the overall objective…
New Delhi, March 22 (SocialNews.XYZ) Robust investment activity and strengthening private consumption demand is driving growth in the Indian economy amidst the sluggish global growth, according to the Finance Ministry’s monthly review released on Friday….
Mumbai, March 22 (SocialNews.XYZ) The domestic markets remained volatile during the week with the expectations and outcome of the US FOMC (Federal Open Market Committee) meeting being the focal point, Joseph Thomas, Head of Research…
Mumbai, March 22 (SocialNews.XYZ) India’s foreign exchange reserves surged by $6.4 billion to touch a robust $642.5 billion for the week ended March 15, the latest data released by the RBI on Friday showed. This…
Mumbai, March 22 (SocialNews.XYZ) The RBI’s Central Board of Directors at a meeting held in Nagpur on Friday reviewed the global and domestic economic situation and outlook, including the challenges posed by geopolitical developments and…
Mumbai, March 22 (SocialNews.XYZ) The domestic equities joined the global rally on Friday after the central banks in the US and the UK kept rates unchanged, said Siddhartha Khemka, Head of Retail Research at Motilal…
New Delhi, March 22 (SocialNews.XYZ) Foreign liquidity is drying up in small and mid cap space which can slow down the price momentum, brokerage firm Elara Securities said. “Need to closely monitor how the domestic…
New Delhi, March 22 (SocialNews.XYZ) The Vice Chair of the 23-nation International Partnership for Hydrogen and Fuel Cells in the Economy (IPHE), Dr Noe Van Hulst, has said that the participating countries of IPHE are…
New Delhi, March 22 (SocialNews.XYZ) Indian steel markets witnessed an unexpectedly soft quarter with average prices down 3-4 per cent sequentially, domestic brokerage firm JM Financial Institutional Securities said. Spreads of India steel players are…
New Delhi, March 22 (SocialNews.XYZ) Adani Group Founder and Chairman, Gautam Adani, on Friday said that he is glad to see the new ‘Energy Revolution: The Adani Green Energy Gallery’ becoming a reality in partnership…
New Delhi, March 22 (SocialNews.XYZ) Nifty IT index corrected 5.5 per cent in the last one month and underperformed broader markets by 4.6 per cent on account of muted guidance provided by some of the…
New Delhi, March 22 (SocialNews.XYZ) Prime Minister Narendra Modi’s visionary production linked incentive (PLI) scheme is scaling new heights everyday on production, exports and jobs, Union Minister of State for Electronics and IT Rajeev Chandrasekhar…
New Delhi, March 22 (SocialNews.XYZ) IT stocks are likely to remain under pressure in view of the poor guidance from Accenture, says V. K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services. In the near-term, the…
Colombo, March 21 (SocialNews.XYZ) The International Monetary Fund (IMF) announced on Thursday that it has reached a staff-level agreement with Sri Lanka to release the next tranche of the promised $3 billion bailout package to…
Chennai, March 21 (SocialNews.XYZ) Railway wagon and passenger coach major Jupiter Wagons Limited (JWL) announced the acquisition of Bonatrans India Private Limited (BIPL) for a sum of Rs 271 crore on Thursday. This strategic move…
Mumbai, March 21 (SocialNews.XYZ) Leading SUV maker Mahindra & Mahindra on Thursday announced the signing of a memorandum of understanding (MoU) with Adani Total Energies E-Mobility Limited (ATEL) for expanding the EV charging infrastructure in…