Mumbai, June 7 (IANS) Indian equity markets are likely to remain volatile in the coming week as investors track escalating geopolitical tensions in West Asia, the Reserve Bank of India’s latest policy stance, persistent foreign fund outflows and rising US bond yields. The benchmark indices ended the previous week in negative territory, and analysts believe these developments could continue to influence market direction when trading resumes on Monday.The Indian stock market closed lower on Friday…
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Mumbai, June 5 (IANS) Indian equity markets ended lower on Friday as investors reacted to the Monetary Policy Committee (MPC) decision and continued to assess global economic uncertainties.The benchmark indices closed lower, with the Nifty declining 49.85 points, or 0.21 per cent, to settle at 23,366.70. The Sensex also slipped 116.67 points, or 0.16 per cent, to close at 74,243.34.Commenting on Nifty technical outlook, experts said that the 23,450–23,550 region continues to serve as a key imm…
New Delhi, June 5 (IANS) The Indian rupee appreciated sharply against the US dollar on Friday after the Reserve Bank of India eased investment norms for foreign portfolio investors (FPIs) and announced measures aimed at improving capital flows, boosting investor sentiment.The domestic currency strengthened by 50 paise to 95.24 against the US dollar in intraday trade after opening at 95.72 in the interbank foreign exchange market. The currency had settled at 95.74 against the dollar in the previo…
Bengaluru, June 4 (IANS) Karnataka Chief Minister D.K. Shivakumar on Thursday announced that the state government will establish two separate ministries, one for Public Grievances and another for Non-Resident Indians (NRIs), to improve governance and address citizen concerns more effectively. The Chief Minister was speaking after chairing a high-level meeting with senior bureaucrats, including additional chief secretaries, principal secretaries, district in-charge secretaries, senior police offi…
New Delhi, May 16 (IANS) Prime Minister Narendra Modi on Saturday shared some glimpses from the remarkable welcome by the Indian community in the Netherlands. PM Modi took to social media ‘X’ and said, “Yesterday’s welcome by the Indian diaspora in the Netherlands was remarkable. The welcome included a dance performance covering Kathak, Odissi, Bharatanatyam, Kuchipudi and Mohiniyattam. It also included a Garba performance.”In another post, PM Modi said, “Sharing some more glimpses from the we…
The Hague, May 16 (IANS) Prime Minister Narendra Modi will hold bilateral talks with the Prime Minister of the Netherlands, Rob Jetten and will also meet King Willem-Alexander and Queen Maxima on Saturday as part of his official visit to the country.The Prime Minister is also expected to address the Indian community and interact with leading business leaders from the Netherlands during his stay. PM Modi will remain in the Netherlands till May 17. This marks his second visit to the country, with …
New Delhi, Feb 1 (IANS) The government on Sunday said Indians living abroad can now invest in stocks through the Portfolio Investment Scheme (PIS).Other measures for non-resident investment announced in Budget 2026 including raising the individual investment limit for Persons Resident Outside India (PROIs) from 5 per cent to 10 per cent, increasing the overall investment limit for all PROIs from 10 per cent to 24 per cent, and allowing residents living abroad to invest in Indian equities via a p…
New Delhi, Feb 1 (IANS) Finance Minister Nirmala Sitharaman on Sunday kept income tax rates and slabs unchanged following last year’s major tax reforms.While the basic tax structure remains the same, the Finance Minister, presenting the Budget 2026-27, announced several measures aimed at simplifying tax compliance and providing relief to taxpayers.She proposed extending the timeline for revising income tax returns from December 31 to March 31 with a nominal fee.FM Sitharaman also suggested sta…
New Delhi, Jan 9 (IANS) Odisha Chief Minister Mohan Charan Majhi on Friday looked back at the Pravasi Bharatiya Divas Convention (PBD) held in Bhubaneshwar last year and recalled Prime Minister Narendra Modi’s valuable contribution in reaching out to Indian nationals living abroad and encouraging their participation in the nation’s development. The 2025 event in Odisha was the 18th edition of Bharatiya Divas Convention, marking the first such programme in the eastern part of the country, ali…
New Delhi, Dec 23 (IANS) On the eve of National Consumer Day 2025, the Ministry of Consumer Affairs, Food and Public Distribution said on Tuesday that its consumer redressal portal e-Jagriti has improved case resolution with over 1.35 lakh complaint filings, more than 1.31 lakh case disposals, and over 2.81 lakh users.Till mid-November, at least 1,400 Non-Resident Indians (NRIs) were among the users of the portal, launched on January 1, 2025, said an official statement.The Ministry said a total …