First Post
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FPIs investment hits 10-month high of Rs 47,148 crore in June 2023
Foreign Portfolio Investors (FPIs) poured Rs 47,148 crore into Indian shares in June, the greatest inflow in ten months, buoyed by the country’s...
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India tech out to conquer UK as NASSCOM announces 1st SME launchpad in Britain
New Delhi, June 29, 2023 – NASSCOM, the leading organization representing India’s technology industry with over 3,000 member companies...
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US responsible for de-dollarization, says IMF
Washington’s policies and actions have compelled most countries across the world to seek alternatives to US dollar, said International Monetary...
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Indian stock market at record high; Sensex hits 64,000-mark, Nifty surpasses 19,000 points
Sensex and Nifty hit their record high levels on Wednesday amid a rally in the US and European markets as well as inflows of fresh foreign funds....
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India leads top 10 nations with 13.77 per cent surge in market value
Following the robust inflows from foreign investors on the back of an improving macroeconomic fundamental, Indian equities have recorded a 13.77...
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In dire straits, China selling dollars offshore to save tanking yuan
China’s major state-owned banks Tuesday got down to selling dollars in offshore foreign exchanges, said a Reuters report, ostensibly in a bid to...
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Stolen Samsung secrets behind Foxconn's China factory? Yes, says South Korea
Former Samsung executive Choi Jinseog is facing a sealed indictment by South Korean prosecutors, alleging that he stole trade secrets from...
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10 things to know about Reserve Bank of India's Integrated Ombudsman Scheme
The Reserve Bank of India (RBI) launched a scheme to provide a simple and effective way for customers of various financial services to resolve...
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Big Blow to China: S&P Global cuts 2023 growth forecast to 5.2% from 5.5%
S&P Global has cut its 2023 GDP growth forecast for China from 5.5 per cent to 5.2 per cent after May data showed a post-COVID recovery was...
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Indian real estate is undergoing a flight to quality
The Indian real estate sector is a material contributor to the country’s economy, and its significance is rising further as the economy grows....
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Indian banks’ net non-performing assets at 15-year low
India not only remains the fastest growing economy in the world amid recession and slowdown across most of the advanced economies, but the net...
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FD Interest Rates for Senior Citizens: Know benefits, eligibility and more
Senior Citizen Fixed Deposits (FDs) are term deposit plans that are available to anyone over 60 and offer preferential interest rates. In India,...