Overseas traders pulled out an enormous ₹17,000 crore from Indian equities within the first 10 days of the month owing to the final election and the uncertainty surrounding its end result coupled with costly valuations and revenue reserving. Additionally learn:FPIs dump Indian equities in Could amid election uncertainty, favour China This was manner greater than … Read more
The federal government auctioned sovereign inexperienced bonds price ₹20,000 crore in FY24, in comparison with ₹16,000 crore in FY23 to mobilise assets for inexperienced infrastructure tasks, notably for increasing renewable power capability. Additionally learn:Indian bond yields cease swaying to the US tune Apart from, international direct funding (FDI) flows in direction of non-conventional power surpassed … Read more
Authorities Safety (G-Sec) costs ended a shade greater on Tuesday as Bloomberg Index Providers’ proposal to incorporate Indian bonds, that are beneath the ‘Totally Accessible Route’ (FAR), to be a part of its Rising Market (EM) native foreign money index from September 2024 may entice overseas investments. The aforementioned proposal comes about three months … Read more