CAD inches up to 2.1% at $57.2 bn in FY19, but more than halves in Q4; net services receipts increase 5.8% to $21.3 bn
Overall trade performance was the prime influencer for both the contraction in CAD for the March quarter as well as a widening for the full year.
Markets start on firm note: Sensex rallies over 400 points after Narendra Modi's resounding victory; L&T, Bharti Airtel among early gainers
In the previous session, the BSE Sensex surged over 1,000 points to touch the 40,000-mark for the first-time-ever
Foreign portfolio investors poured over Rs 17,000 cr in February, highest since November 2017 on positive sentiments
Foreign portfolio investors (FPI) had pumped in a net amount of around Rs 19,728 crore into Indian stocks in November 2017
Domestic broking industry to grow at 5-10% in FY19 amid cautious investor sentiments, market volatility: Icra
In the previous fiscal, the industry had grown at over 30 percent, with a turnover of Rs 18,000-19,000 crore.
SEBI initiates public consultation on FPI norms as panel suggests major changes, more time for compliance
The panel headed by an ex-RBI deputy governor suggested several changes to FPI norms on the basis of inputs from the Finance Ministry and industry representatives.
Q1 GDP print at 8.2%: Economic expansion to stay steady, but capital formation crux for future growth
The government sector continues to drive the economy which is encouraging as the private sector activity is still to pick up adequately
Foreign portfolio investors' selling spree continues; withdraw Rs 1,200 crore from debt markets in July so far
The latest sell-off comes after foreign portfolio investors (FPIs) withdrew an amount close to Rs 50,000 crore from the debt markets in last five months
The US-China trade war will impact foreign investment into the country, and the Reserve Bank of India (RBI) will have to sell foreign currencies to defend the rupee at the 69 level to a dollar, a Bank of America Merill Lynch report said
The risk factor for the NRIs is the possibility of Indian rupee sliding further at the time of redemption as well as at the time of payment of interest.