Mumbai, March 1 (IANS) Foreign portfolio investors (FPIs) made a strong comeback to Indian equities in February, investing Rs 22,615 crore. This marks the highest monthly inflow in the past 17 months and comes after three straight months of heavy selling.The fresh buying was supported by positive developments such as the interim India-US trade deal, correction in domestic market valuations and strong third-quarter corporate earnings. The renewed confidence helped reverse the recent trend of outf…
Latest Household Savings News & Updates
Bhubaneswar, Feb 1 (IANS) Odisha Pradesh Congress Committee (OPCC) President Bhakta Charan Das on Sunday strongly criticised the Union Budget for the 2026–27 financial year, presented in Parliament, describing it as ‘anti-people’ and ‘directionless’. Speaking to media persons, Das also alleged that the Union Budget tabled in Parliament by Finance Minister Nirmala Sitharaman primarily benefits a “handful of industrialists” while neglecting the needs of farmers, women, youth, the poo…
Mumbai, Dec 26 (IANS) The foreign investors’ inflows in the Indian domestic equities is bouncing back and the long-term outlook for markets is robust, a report showed on Friday.The weakness in the rupee may keep foreign portfolio investors (FPIs) away, with a return expected only after the currency stabilises for an extended spell (1-2 months), according to the note by Emkay Global Financial Services.“However, we believe this is a temporary wobble. The long-term outlook for domestic flows is…