Mumbai, Feb 9 (IANS) The domestic institutional investors (DIIs) have remained key bidders, pumping $23.4 billion in the fourth quarter of 2025 and $90.1 billion in full year 2025 – aided by steady SIP inflows into domestic MFs, a report showed on Monday.This strong participation has not only helped mitigate the effects of a spike in FII outflows, which totalled $18.8 billion in 2025, but has also absorbed the continued surge in primary market issuances, with IPOs and FPOs amounting to Rs 1.95…
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New Delhi, Feb 4 (IANS) The seasonally adjusted HSBC India Services PMI touched a two-month high of 58.5 in the month of January, from December’s 58.0, noting quicker expansions in new business intakes and output, the S&P Global data showed on Wednesday.Service providers in India welcomed a recovery in growth during January. They were also more upbeat towards the outlook and hired additional staff. On the price front, there were quicker albeit still moderate increases in input costs and sell…
New Delhi, Feb 2 (IANS) India’s white-collar hiring began 2026 on a steady footing, with a 3 per cent rise (year-on-year) in January, driven by non-IT sectors and fresher hiring, a report showed on Monday.Non-IT sectors were the primary drivers of this growth, with BPO/ITES surging more than 21 per cent, hospitality/travel climbing over 15 per cent, insurance advancing more than 7 per cent, and healthcare gaining more than 5 per cent, as per the Naukri JobSpeak Index.Banking and financial servic…
New Delhi, Jan 29 (IANS) Marking a significant milestone in strengthening bilateral economic and strategic cooperation, India and the European Union (EU) have concluded negotiations on financial services in the Free Trade Agreement (FTA).Among the key achievements of Financial Services Annex, India and EU have committed to collaborate on enabling greater interoperability and interlinkages and development of electronic payment infrastructure and convenience of cross-border payments to promote rea…
New Delhi, Jan 28 (IANS) The government’s capex (capital expenditure) may cross Rs 12 lakh crore in the forthcoming Union Budget for 2026-27, which would represent an increase of around 10 per cent over the corresponding figure of the previous financial year, according to an SBI report released on Wednesday.This would enable the government to step up investments in big-ticket infrastructure projects in the highways, railways, ports and power sectors to boost growth and jobs in the economy.The FY…
Mumbai, Dec 31 (IANS) India’s hospital industry is set for strong and sustained growth over the next few years, with revenues expected to rise at a healthy pace of 11–12 per cent annually, a new report said on Wednesday.The growth will be driven by rising healthcare needs, higher insurance coverage, increasing medical tourism, and fresh investments in hospital infrastructure, according to data compiled by CareEdge Ratings.A key reason behind this optimistic outlook is India’s long-standing…
New Delhi, Dec 25 (IANS) Strengthening business linkages and sustained investment flows between India and Nepal are expected to drive bilateral trade into a new growth phase, with volumes likely to double by 2030, according to an article in Nepalese media. Bilateral trade remains the most visible and measurable pillar of India–Nepal economic relations, reflecting both geographic proximity and deep-rooted interdependence.India accounts for over 64 per cent of Nepal’s total trade, underscoring i…
New Delhi, Dec 23 (IANS) India and New Zealand have concluded negotiations on the Financial Services Annex of the Free Trade Agreement (FTA), marking a significant milestone in strengthening bilateral economic and strategic cooperation, according to a Finance Ministry statement issued on Tuesday.The India-New Zealand Financial Services Annex marks a notable advancement over standard GATS (General Agreement on Trade in Services) commitments, involving a total of 18 articles, the statement explain…
New Delhi, Dec 22 (IANS) The number of people covered by life insurance in India has risen sharply over the last decade, increasing from about 15 crore in FY15 to nearly 40 crore in FY25, largely due to the rapid expansion of group and credit-linked insurance products, a new report said on Monday.This strong rise in coverage reflects the steady growth of India’s life insurance sector, which has recorded a compound annual growth rate of around 13 per cent over the past 20 years, according to Ca…
New Delhi, Dec 22 (IANS) Non-IT sectors emerged as the primary drivers of hiring in India through most of the year, while IT hiring remained largely stable after a subdued start, a report showed on Monday.Non-IT sectors recorded stronger momentum. Hospitality emerged as a standout, posting 23 per cent growth in the latter part of the year. Education hiring rose sharply, closing the year with 28 per cent growth, while real estate registered a 17 per cent increase.Insurance also delivered double-d…