Foreign portfolio investors (FPIs) infused Rs 14,590 crore into Indian equities in June 2025, marking the third consecutive month of net inflows, supported by improved global liquidity, easing geopolitical tensions, and a rate cut by the Reserve Bank of India.However, the trend reversed in early July, with FPIs pulling out Rs 1,421 crore in the…
Borosil Renewables has moved to exit its German solar glass business, with its step-down subsidiary GMB Glasmanufaktur Brandenburg GmbH filing for insolvency, as the company shifts focus to the fast-growing Indian solar glass market.In a regulatory filing, Borosil said GMB has applied for the commencement of insolvency proceedings before the Insolvency Court in Cottbus, Germany,…
India is actively negotiating bilateral investment treaties (BITs) with more than a dozen countries, including Saudi Arabia, Qatar, Israel, Oman, the European Union, Switzerland, Russia, and Australia, a senior government official said.Talks are also underway with Tajikistan, Cambodia, Uruguay, Maldives, Switzerland, and Kuwait, with some treaties likely to be finalised and announced in the next…
India needs to clock an average nominal GDP growth of 10% annually to achieve the government’s goal of becoming a developed nation under the Viksit Bharat vision by 2047, newly-appointed CII president Rajiv Memani has said.Nominal GDP is the total value of goods and services produced in an economy measured at current market prices, without…
This is an AI-generated image, used for representational purposes only. India’s pharmaceutical sector is likely to record a steady 11 per cent year-on-year growth in both sales and EBITDA for the first quarter of FY26, supported by sustained market traction across geographies, a new report by Kotak Institutional Equities has said. However, the report warned…
Equity investors are gearing up for a potentially volatile week as the 90-day suspension period of US President Donald Trump’s reciprocal tariffs expires on July 9, raising uncertainty over India-US trade relations. Market experts believe that the outcome of the trade negotiations will be a key trigger, especially for sectors like IT, pharma, and auto…
Union minister Nitin Gadkari unveils futuristic roadmap Union minister Nitin Gadkari has outlined a bold vision to transform India’s transport landscape, with a focus on electric rapid mass transport, hyperloop corridors in urban centres, and ropeway and cable-car connectivity in remote regions. In an interview with news agency PTI, Gadkari said the government is working…
Six of India’s ten most valued companies collectively lost Rs 70,325.5 crore in market valuation last week, led by HDFC Bank and ICICI Bank, as domestic equities slipped amid global uncertainty and investor caution.The BSE Sensex dropped by 626.01 points or 0.74 per cent during the week, weighed down by sustained foreign portfolio investor (FPI)…
Retail inflation is expected to remain comfortably within the Reserve Bank of India‘s (RBI) projections for the first quarter of FY26, supported by a favourable base effect and continued deflation in essential food items, according to a recent report by Bank of Baroda. As per news agency ANI, the central bank’s policy outlook currently pegs…
This is an AI-generated image, used for representational purposes only. Strong real estate activity backed by government housing schemes such as the Pradhan Mantri Awas Yojana (PMAY) is expected to keep cement demand buoyant in FY26, said a report by Axis Securities. The report projects a 7-8 per cent growth in cement demand this fiscal,…
