Advertisements India will soon see the advent of 5G mobile services, Prime Minister Narendra Modi said on Monday as he rooted for ‘Made-in-India’ technology solutions to meet challenges of new India. The Prime Minister said that it is time for India’s techade… Read More ›
indian market
FPIs Invest INR 22K Cr In Indian Markets In Aug As Inflation Concerns Soften
Advertisements After turning net buyers last month, foreign investors have become aggressive shoppers of Indian equities and have invested Rs 22,452 crore in the first two weeks of August amid softening inflation concerns. This was way higher than a… Read More ›
Foreign Exchange Reserves Fall USD 897 Mn To USD 572.98 Bn In Week Ending Aug 5
Advertisements India’s foreign exchange reserves fell $897 million to $572.978 billion in the week ended August 5, according to the Reserve Bank of India’s (RBI) bulletin weekly statistical supplement. The fall was witnessed after it rose during the week ending… Read More ›
ICICI Bank Market-Cap Hit INR 6 Lakh Cr, Stock Rises Record High
Advertisements The market capitalisation of the ICICI Bank touched Rs 6 lakh crore mark in the afternoon trade due to which shares of the bank hit record high of Rs 865.55. The stock has surpassed its previous high of Rs… Read More ›
Foreign Investors Pour Over INR 12,000 Cr In Indian Equity In Last 10 Days
Advertisements Foreign Institutional Investors (FII) have invested Rs 12,190 crore in last 10 days in the Indian equity market after remaining sellers in the last few months. However, Domestic Institutional Investors (DII) in the same period have sold stocks worth… Read More ›
India Could Emerge As Asia’s Strongest Economy In 2022-23, Says Morgan Stanley
Advertisements India could emerge as Asia’s strongest economy in 2022-2023 as it is best-positioned to generate robust domestic demand, helped by economic policy reforms, a young workforce and business investments, Morgan Stanley economists said. The brokerage expects India’s growth to… Read More ›
Indian Fintech Market To Reach USD 1 Tn In AUM, USD 200 Bn In Sales By 2030
Advertisements The Indian fintech market is expected to log 10 times growth to achieve $1 trillion in assets under management (AUM) and $200 billion in revenue by 2030, a new report showed on Tuesday. Much of the growth will be… Read More ›
Value Of EPFO’s INR 1.59 Tn Investment In ETFs Rises To INR 2.26 Tn: Govt
Advertisements Retirement fund body EPFO has invested Rs 1,59,299.46 crore in Exchange Traded Funds (ETFs) till March 2022 and its notional market value of these investments was Rs 2,26,919.18 crore, Parliament was informed on Monday. The EPFO has been investing… Read More ›
Pine Labs Eyes USD 4-5 Billion In Monthly Payments Volume From New Business
Advertisements India’s Pine Labs is targeting USD 4 billion to USD 5 billion in monthly transactions within two years for its new online payments business, its chief executive told Reuters. At that point, online payments should contribute 20 per cent… Read More ›
28 Cos Secure Sebi’s Clearance To Float IPOs Worth INR 45,000-Cr In Apr-Jul FY23
Advertisements Sebi has given its nod to 28 companies to raise funds totalling Rs 45,000 crore through initial public offerings (IPOs) in April-July period of 2022-23 which has already seen 11 debutantes raising over Rs 33,000 crore. Among the firms… Read More ›