harshvirani 
The FIIs as per Wednesday's data were net sellers in equity segments, while net buyers in debt segments, according to data released by the NSDL. In equity segment, the gross buying was of Rs 22005.49 crore against gross selling of Rs 23459.58 crore. Thus, FIIs stood as net sellers of Rs 1454.09 crore in equities. … Read more
Indian tourists are rapidly emerging as a significant growth engine for global tourism, with a 12 per cent growth in the first half of this year, compared with the same period in 2019 before the pandemic, according to a report on Wednesday. The picture is even brighter when it comes to foreign exchange earnings (FEE), … Read more
India equity indices closed at a record high on Wednesday following positive cues from global markets. At closing, Sensex was up 255 points, or 0.30 per cent, at 85,169 and Nifty was up 63 points, or 0.25 per cent, at 26,004. It is the first time that the Nifty closed above the 26,000 mark. Intraday, … Read more
Indian rupee strengthened marginally against the US dollar on Monday, tracking firm domestic equities and a massive inflow of foreign funds into capital markets. On Friday, Foreign Institutional Investors (FIIs) purchased shares worth Rs 14,064.05 crore, exchange data showed. Meanwhile, the Reserve Bank data showed India's forex reserves rose by $223 million to a new … Read more
Degree of returns, regularity of returns, and tax benefits are the significant factors influencing post-Covid investment decisions, according to a report on Monday. The report, jointly made by the PHD Research Bureau, PHD Chamber of Commerce and Industry, and Jagan Institute of Management Studies (JIIMS), Rohini, aims to analyse the factors influencing individual investments across … Read more
The Reserve Bank of India’s (RBI) in its latest data has indicated that India's net foreign direct investment (FDI) rose to $5.5 billion during the April-July period of the current financial year (FY25) as compared to $3.8 billion in the same period last year. The gross inward FDI grew by 23.6 per cent year-on-year to … Read more
India's retail credit growth moderated in the June quarter as financial institutions tightened the supply of credit, particularly on consumption-led products like credit cards, consumer durable loans, and personal loans, a report said on Monday. A TransUnion CIBIL Credit Market Indicator (CMI)1 report said that there was a "continued decline in new-to-credit (NTC) volumes, especially … Read more
Surana Solar is currently trading at upper limit of Rs. 46.49, up by 2.21 points or 4.99% from its previous closing of Rs. 44.28 on the BSE. The scrip opened at Rs. 46.01 and has touched a high and low of Rs. 46.49 and Rs. 45.90 respectively. So far 131313 shares were traded on the … Read more
As global capability centres (GCCs) continue to expand in India, their revenue growth is estimated to be 1-2 per cent higher than that of IT service providers (ISPs) in the next two-three years, compared to 3 per cent higher in the past few years, a report showed on Monday. New GCCs are opening at a … Read more
The real estate market is expected to play a pivotal role in the economic growth trajectory of India. It will potentially be a $10 trillion market by 2047, accounting for a 14-20 per cent share in the country’s GDP, according to a report on Monday. The interplay between real estate and India’s economic growth journey … Read more