Foreign portfolio investors (FPIs) are undergoing a major shift in their India investment strategy, steadily reducing exposure to traditional large-cap market leaders.
Bank of India has revised interest rates on select fixed deposits below ₹3 crore, increasing returns on medium and long-term tenures as competition for retail deposits intensifies across India’s banking sector.
Indian equity markets staged a sharp recovery in the second half of Monday’s trading session.
The Indian rupee plunged to a fresh all-time low against the US dollar on Monday as rising crude oil prices, escalating geopolitical tensions in West Asia.
Indian benchmark indices closed on a positive note on Monday after a volatile trading session, supported by gains in banking, auto and capital goods stocks.
The TVS Venu Group has announced plans to acquire up to a 9.9 per cent stake in Jana Small Finance Bank through a combination of primary issuance of warrants and secondary share purchases
The Central Government has launched a fresh austerity initiative aimed at reducing operational expenditure across public sector financial institutions, directing banks, insurance companies and government-owned financial organisations
India’s economic and policy calendar for the week of May 18-22 is expected to remain highly active, with several key macroeconomic indicators scheduled for release that could influence market direction and policy expectations.
Prime Minister Narendra Modi has called on Swedish and European companies to expand their investments and manufacturing presence in India.