FPIs inject over ₹6,100 crore in equities in March on strong economic growth, market resilience

[ad_1] Foreign Portfolio Investors (FPIs) are turning steady buyers as they bought Indian equities worth ₹6,139 crore so far this month driven by strong economic growth, market resilience and decline in US bond yields. This came following a modest investment...

India to see record FPI inflows in FY24 on strong economic growth

[ad_1] The current fiscal year FY24 is set to end with record net inflows from Foreign Portfolio Investors (FPIs) into the Indian market, with net investments close to ₹12,000 crore ($1.4 billion) in March first week after a tepid show...

Real GDP growth to moderate to 7% and 6.8% in FY25 and FY26, respectively: UBS

[ad_1] This is due to global (weaker growth) and local factors (softness in public capex) The growth momentum of the first three quarters of FY24 is expected to continue as cyclical recovery and structural improvements remain in play, UBS said...

Crude oil declines as China’s GDP growth target fails to impress market

[ad_1] Crude oil futures traded lower on Tuesday morning as China’s GDP growth target failed to impress the markets. Also read: Crude oil up as OPEC+ members extend voluntary output cutsAt 9.52 am on Tuesday, May Brent oil futures were...
India’s FY24 GDP growth could be within striking distance of 8%: SBI Ecowrap

India’s FY24 GDP growth could be within striking distance of 8%: SBI Ecowrap

[ad_1] India’s FY24 GDP growth could be within striking distance of 8 per cent even as the per capita GDP at current prices crossed ₹2 lakh mark in FY24 for the first time, says SBI’s economic research department.Also read: Oct-Dec GDP growth...
India’s GDP grows at 8.4 pc in Q3; economy to expand at 7.6 pc in FY24: Govt data

India’s GDP grows at 8.4 pc in Q3; economy to expand at 7.6 pc in FY24: Govt data

[ad_1] (Representational image) New Delhi: India’s economic growth accelerated to 8.4 per cent in the third quarter of 2023-24, mainly due to good performance by the manufacturing, mining & quarrying and construction sectors. The Indian economy recorded a growth of...
Strong manufacturing sector boosts Q3 GDP growth to 8.4%

Strong manufacturing sector boosts Q3 GDP growth to 8.4%

[ad_1] Strong growth in manufacturing pushed the economic growth in October-December quarter (Q3) of FY24 to 8.4 per cent, defying all the expectations. Also, growth rate for full fiscal of 2023-24 upped to 7.6 per cent from earlier projection of...