FPIs pump in Rs 8,831 crore into Indian equities, highest single-day inflow since March

Mumbai (IANS) Foreign Portfolio Investors (FPIs) continued their buying streak in Indian equities for the third straight session on Friday, mopping up shares worth Rs 8,831.1 crore -- the highest single-day inflow since March 27, according to provisional…

India’s Alcoholic Beverage Industry Set to Maintain Double-Digit Growth in FY26: CRISIL

New Delhi (IANS) – India’s alcoholic beverage (alcobev) industry is expected to maintain strong momentum in FY2025-26, with revenues projected to grow by 8–10% to ?5.3 lakh crore, according to a new report by CRISIL Ratings. This continues the robust…

India pharma market sees 7.4 pc growth in April over surge in chronic therapies

New Delhi (IANS) Indian pharma market (IPM) has seen a 7.4 per cent year-on-year (YoY) growth in April due to a surge in chronic therapies, according to a report. 

The monthly report by Motilal Oswal Financial Services showed that the IPM’s…

Indian tablet market grows 15 pc in Jan-March, 5G captures 43 pc share

New Delhi (IANS) The Indian tablet market witnessed a 15 per cent (year-on-year) and 13 per cent (quarter-on-quarter) growth in the January-March period (Q1), buoyed by sustained demand from both the consumer and enterprise segments, according to…

Indian telcos poised to rake in higher revenue as rural data usage surges

New Delhi (IANS) Increasing internet adoption and data consumption by rural subscribers are emerging as structural drivers for growth in average revenue per user (ARPU) of Indian telecom companies and to capitalise on the trend, telcos are strengthening…

Centre approves reopening of 32 airports as tensions ease on India-Pakistan border

New Delhi (IANS) The Centre on Monday issued the NOTAM (Notice to Airmen) to reopen the 32 airports that had been shut down since May 9 due to the cross-border drone and missile attacks following heightened tensions between India and Pakistan in the…

32 airports shut till May 15 as tensions escalate between India-Pakistan

New Delhi (IANS) The Airports Authority of India (AAI) and relevant aviation authorities have issued a series of Notices to Airmen (NOTAMs), announcing the temporary closure of 32 airports across northern and western India for all civil flight operations,…

Midcap rallies 3.94 pc, Smallcap gains 1.69 pc as Indian markets post strong April returns

Mumbai (IANS) The Indian equity markets ended the month of April on a strong note, with the Nifty Midcap index emerging as the top performer, registering a gain of 3.94 per cent, followed by a 1.69 per cent rise in the Nifty Smallcap index, a new…

India’s retail sector surges with 169 pc growth in Q1 2025: Report

Mumbai (IANS) The Indian retail sector witnessed 169 per cent growth (year-on-year) in the January-March quarter, as strong momentum in new retail store openings continued to play out in major metropolitan cities, a report said on Friday. 

On…

SBI to sell 13.19 pc stake in Yes Bank to Japan’s SMBC for Rs 8,889 crore

Mumbai (IANS) India’s largest lender, State Bank of India (SBI), announced on Friday that it will sell a 13.19 per cent stake in private lender Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for Rs 8,889 crore. 

The move is…