FPIs pump ₹12,170 crore into Indian equities in June, reverse two-month promoting pattern

Reflecting optimism over the Modi 3.0 Authorities’s coverage continuity, Overseas Portfolio Traders (FPIs) doubled down on their investments in Indian equities final week, changing into internet consumers of ₹12,170 crore via June 21, official knowledge confirmed. These internet inflows contrasted with internet outflows of ₹14,794 crore within the first week of June. The FPI internet … Read more

Capital market consultants urge govt to fast-track disinvestment of ‘low float’ PSUs

Capital market consultants and asset managers on Thursday urged the Modi 3.0 authorities to offer precedence to “low floating inventory” counters of their future disinvestment selections on listed public sector corporations, together with banks. Such an strategy would enhance the availability of shares available in the market and valuations would turn into affordable, they conveyed … Read more

Govt should keep the course on public capex-led development technique for financial system, say business honchos

Company India, on Thursday, urged the Modi 3.0 authorities to remain targeted on its public capex-led development technique that within the latest years prioritised investments in infrastructure within the upcoming full Finances for 2024-25.  Additionally they needed the federal government to considerably enhance allocations in the direction of schooling and healthcare moreover elevating the income-tax … Read more

FM Sitharaman to carry pre-Funds consultations with business leaders on June 20

Finance and Company Affairs Minister Nirmala Sitharaman is scheduled to carry vital pre-Funds discussions with main figures of Indian business this Thursday. These talks purpose to gauge the business’s expectations for the primary complete Funds of the Modi 3.0 authorities. The upcoming full-fledged Funds, more likely to be introduced in second fortnight of July, is … Read more