FPIs pull out Rs 2,249 cr from Indian equities so far in July

Mumbai (IANS) Foreign Portfolio Investors (FPI) have been net sellers in the Indian equity segment so far in July.

They have withdrawn net investments worth Rs 2,249 crore from the equities in July, showed data on the NSDL site.

The…

Fuel price rise continues as OMCs cover gaps over possible cuts in rates

New Delhi (IANS) Global cues pushed fuel prices to increase again across the country on Saturday adding more misery for the common man already grappling with rising food prices amidst shrinking income.

The retail prices of petrol and diesel…

Integrating technology with inclusive delivery holds key to recovery: FM

New Delhi (IANS) Finance Minister Nirmala Sitharaman has said that integrating technology with inclusive service delivery would hold the key to accelerate the pace of economic recovery during the time of pandemic.

Speaking virtually in the…

Global cues subdue equities, markets in red

New Delhi (IANS) India's key equity markets opened in the red on Friday as negative global cues subdued investors' sentiments.

Accordingly, market watchers cited that weak global cues continued to trigger profit booking.

Consequently,…

Airbus India put under 18% GST for services supply to French parent

New Delhi (IANS) The Indian operations of French aviation giant Airbus involving procurement of raw material from local vendors and facilitating supply abroad are 'intermediary services' and hence liable to 18 per cent GST, an authority of…

India's forex reserves rise by over $1 bn

Mumbai (IANS) India's foreign exchange reserves rose by $1.013 billion during the week ended July 2.

According to the Reserve Bank of India's (RBI) weekly statistical supplement, the reserves increased to $610.012 billion from $608.999…

Petrol, diesel prices continue to rise touching new highs across country

New Delhi (IANS) Petrol and diesel prices continued their upward march on Thursday also, the second successive day of rate increase, taking the prices to cross new highs across the country.

Accordingly, the price of petrol increased by 35 paise…

Vehicle retail sales rise in June: FADA

New Delhi (IANS) India's overall vehicle retail sales rose in both sequential and on year-on-year basis in June 2021.

The data released by the Federation of Automobile Dealers Associations (FADA) showed a rise of 22.26 per cent during the…

Equity market flat amid volatility, weak global cues

Mumbai (IANS) Amid high volatility, the Indian stock market traded on a flat note on Wednesday morning.

Weak trend in the global markets also weighed on the domestic investor sentiments, analysts said.

Heavy selling pressure was witnessed…

RInfra shareholders with over 97% votes approve preferential issue to promoters & Varde Investment Partners

New Delhi (IANS) The shareholders of Reliance Infrastructure Limited (Reliance Infra), through postal ballot, have approved with overwhelming majority, the raising of funds upto Rs 550.56 crore by preferential allotment of upto 8.88 crore equity shares…