COVID-19 Impact: Foreign investors pull out $26 billion from Asian economies, over $16 billion from India
“Foreign investors have pulled an estimated $26 billion out of developing Asian economies and more than $16 billion out of India, increasing concerns of a major economic recession in Asia,” independent Congressional Research Center said in its latest report on global economic effects of COVID-19.
Nirmala Sitharaman's COVID-19 package invites social criticism, but she may have more cards up her sleeves
Nirmala Sitharaman's advisers have been speaking of why fiscal prudence is important to avoid India being downgraded from investment grade by global credit rating agencies
Markets open flat: Sensex, Nifty subdued as economic package fails to enthuse; Rupee high in early trade
Sensex dropped over 200 points in opening session on Friday tracking losses in index heavyweights HDFC Bank, ICICI Bank and Reliance Industries amid weak domestic investor sentiment.
Coronavirus, impact on economic activity to continue to dictate stock market trends this week: Analysts
The financial blow of the spread of coronavirus pandemic has made investors jittery world over.
The FDI policy earlier allowed 49 percent foreign investment in the insurance sector, which includes insurance intermediaries
Foreign investors from Mauritius to continue being eligible for FPI registration with increased monitoring: SEBI
The SEBIannouncement comes after the tax haven was put on the ‘grey list' of Financial Action Task Force (FATF)—an inter-governmental policy-making body that sets anti-money laundering standards
Foreign investors turned net buyers in the Indian markets in the December quarter, pumping in a staggering $6.3 billion on the back of the government's intent to bring reforms for supporting the economic growth
Kia likely to move $1.1 bn plant out of Andhra Pradesh after policy changes in 2019; holds talks with Tamil Nadu
Kia said in a statement it has a long-term commitment to the Indian market and it aims to utilise the full capacity of its Andhra plant “before considering further expansion”.
Budget 2020: Abolishing dividend distribution tax, rationalising income tax slabs among most expected reliefs from Nirmala Sitharaman
This year’s Budget should look at increasing the limit of deduction under section 80C.
Banking sector in India under 'stress', govt not in a position to bail it out, says Abhijit Banerjee
Speaking to the media on the sidelines of the 13th Jaipur Literature Festival, Abhijit Banerjee said the demand slowdown in the automobile sector also shows that people are lacking confidence in the economy
New law to protect foreign investors to exclude tax demands; move to upgrade investment climate: Report
The bill also attempts to upgrade the investment climate and boost foreign investment by setting up new adjudicating authorities to swiftly resolve disputes.
Rupee logs 4th straight gains, spurts 27 paise to 70.94 against dollar on softening crude oil prices
In the last four trading sessions, the rupee has gained 99 paise against the US dollar.
Royalty is paid to a foreign collaborator for the transfer of technology, usage of brand or trademarks.
Rupee retreats 31 paise to 70.87 against dollar amid foreign fund outflows; Sino-US trade concerns continue to linger
At the interbank foreign exchange market, the rupee opened on a strong note at 70.37, then lost ground and fell to an intra-day low of 70.88 against the American currency.
New FDI norms: Investment should be driven by domestic private sector; manufacturing must get priority in fund infusion
The framework also allows 100 percent FDI in all coal activity which is good for the users to the extent that investment flows in which can reduce cost and increase availability.
India making serious efforts to bring standards up to global norms, says US advocacy group on FDI reforms
The US India Strategic and Partnership Forum (USISPF) hailed the Narendra Modi government's move
Giving in to the demands of overseas investors, Finance Minister Nirmala Sitharaman on Friday announced a rollback of enhanced surcharge on foreign portfolio investors levied in the Budget.
Rupee declines by 9 paise to 70.78 against dollar, market participants cautious ahead of meeting between FPIs, govt
After opening on a strong note at 70.54, the rupee touched a high of 70.44 and a low of 70.82 against the American currency during the day.
Foreign investors pull out Rs 2,881 cr in just two trading sessions in August; impact of domestic, global headwinds
Foreign investors withdrew more than they invested as the US-China trade war has started brewing again which is not helping investors' sentiments
Sensex tanks over 450 points, Nifty closes below 11,000-mark; Vedanta, Tata Motors, SBI, Infosys among top losers
After a weak opening, the 30-share BSE Sensex plunged more than 750 points in late-afternoon trade, before finally ending at 37,018.32, down by 462.80 points or 1.23 percent.