FPIs Return To Indian Equities With Rs 22,766 Crore Inflows In December
September had seen a nine-month high with Rs 57,724 crore of net inflows, highlighting the volatility in FPI trends. As of December 13, FPI investments in 2024 stand at Rs 7,747 crore, according to depository data.
Sanjay Malhotra Appointed As RBI Governor; Replaces Shaktikanta Das
The government has appointed Revenue Secretary Sanjay Malhotra as the next Reserve Bank of India (RBI) Governor for three years.
Indian Stock Market Holds Positive Outlook Amid FII Inflows And Economic Recovery Signs
Indian stock market maintained a positive outlook throughout the week, buoyed by a recovery in core sector output for October.
Indian Stock Market Opens Flat Ahead Of RBI’s MPC Announcement
The market will closely monitor the RBI’s policy response, particularly its commentary on growth and inflation.
Indian Stock Market Ends In Green, All Eyes On RBI’s MPC decision
The domestic benchmark equity indices ended in the green on Wednesday, driven by buying activity in the PSU bank and realty sectors.
Indian Stock Market Opens In Red Amid Pressure On PSU Bank And Financial Sectors
The Indian stock market started the week on a cautious note, opening in red due to early selling pressure in the PSU bank and financial services sectors.
India’s Business Activity Hits Three-Month High In November; Driven By Services And Job Creation
India's business activity surged to a three-month high in November, fueled by strong growth in the services sector and a record pace of job creation.
RBI Increases Transaction Limits For UPI 123Pay And UPI Lite
The limit for UPI Lite balances has also been increased to Rs 5,000 from Rs 2,000. UPI Lite, available on apps like Paytm, BHIM, and Google Pay, was launched in September 2022 to support quick, low-value transactions. Many banks are already offering this facility
Delhi HC Declines To Formulate Uniform Banking Code For Foreign Exchange Transactions
The petitioner argued that methods like RTGS, NEFT, and IMPS allow harmful foreign funds into Indian banks. He claimed these funds threaten India's foreign exchange reserves and finance radical activities
RBI Bulletin Sees Revival In Rural Consumption, Boost To Private Sector Investment
RBI monthly bulletin has expressed optimism about India's economic prospects, citing a revival in rural consumption.
