[ad_1] Foreign portfolio investors (FPIs) infused Rs 22,615 crore into Indian equities in February, marking the highest monthly inflow in 17 months, supported by improving market valuations, strong corporate earnings and easing trade uncertainties, according to depository data reported by PTI.The inflows follow three straight months of heavy selling, during which FPIs withdrew Rs 35,962…
[ad_1] NEW DELHI: The Central Board of Trustees (CBT) of the Employees’ Provident Fund Organisation (EPFO) is likely to recommend 8.2-8.25% interest rate for its 31 crore members this year, in the wake of the ebbing stock markets and bond yields, combined with higher settlements of claims. The retirement savings body paid 8.25% last year….
[ad_1] NEW DELHI: The Ministry of Civil Aviation (MoCA) said that more than 410 flights operated by domestic carriers were cancelled on Saturday and around 444 flights are expected to be cancelled on Sunday as airspace restrictions continue over Iran and parts of the Middle East. In a post on X, the ministry stated: “Due…
[ad_1] File photo: Union finance minister Nirmala Sitharaman Mumbai: Finance minister Nirmala Sitharaman on Saturday said she would look into allegations of overreach by GST authorities after businessman TV Mohandas Pai raised concerns over the arrest of Fino Payments Bank MD & CEO Rishi Gupta in a Rs 3,000 crore GST evasion case.In a post…
[ad_1] NEW DELHI: The military strikes on Saturday put the spotlight on the Strait of Hormuz, a critical global shipping route for India and other Asian countries, prompting officials here to activate contingency plans to safeguard energy supplies, reports Atul Mathur.While keeping a close watch on the unfolding situation, they also have an eye on…
[ad_1] Escalating tensions between Israel and Iran are set to test investor nerves at the start of the week, with Indian equities likely to open sharply lower amid a risk-off mood across global markets.The nervousness follows Israel’s preemptive strikes on Iran after nuclear deal talks with the US failed to yield a breakthrough. President Donald…
[ad_1] As March begins, investors and traders in India’s equities market are advised to carefully plan their schedules around the upcoming public holidays. Trading on the equities segment takes place on all weekdays, with the exception of Saturdays, Sundays, and those holidays that have been officially declared in advance by the Exchange. Being aware of…
[ad_1] OPEC+ could consider raising oil output more than previously planned when key producers meet on Sunday, as Gulf exporters move to cushion markets from potential supply disruptions after US-Israeli strikes on Iran, Reuters reported, citing two sources close to the talks.Eight members of the oil alliance — Saudi Arabia, Russia, the UAE, Kazakhstan, Kuwait,…
[ad_1] Photo credit- PTI Prime Minister Narendra Modi inaugurated Micron Technology’s semiconductor facility at Sanand in Gujarat, asserting that India is now expanding its global identity beyond software into hardware manufacturing as it seeks a larger role in the global semiconductor value chain.The US-based company’s ATMP (Assembly, Testing, Marking and Packaging) plant, the first such…
[ad_1] Sergio Gor (File photo) India’s role in the global semiconductor supply chain is “essential” as other countries in the neighbourhood seek to dominate legacy chip production, US Ambassador to India Sergio Gor said on Saturday at the inauguration of Micron Technology’s semiconductor facility in Sanand, Gujarat.Speaking at the event where Prime Minister Narendra Modi…