Foreign Institutional Investors (FIIs) are set to mark their biggest-ever exit from Indian stocks in 2025. They have pulled out Rs 1,58,407 crore, making it the largest withdrawal since they started investing in India. This record outflow combines Rs 2,31,990 crore in stock market sales and Rs 73,583 crore in primary market investments up to…
MUMBAI: Bengaluru-based regional carrier Star Air has announced a New Year promotional fare sale offering all-inclusive one-way tickets starting at Rs 1,799 on select routes, according to a press release issued by the airline.The limited-period offer, branded “New Year, New Horizons with Star”, is open for bookings from December 24 to December 31, 2025, with…
When five scheduled pickup requests were cancelled without explanation, Ramesh Kumar (name changed) approached the National Consumer Helpline. Months after ordering the furniture online, Kumar, the Jodhpur resident was still stuck with defective goods and no refund. Then his call to 1915, changed everything. Within days, government’s National Consumer Helpline stepped in and secured his…
NEW DELHI: The committee of creditors (CoC) cannot modify or alter a resolution plan for reallocation of funds of dissenting creditors, after it is approved, insolvency appellate tribunal NCLAT has said. Dismissing an appeal by Bank of Baroda in the Reliance Communications Infrastructure (RCIL) matter, NCLAT said the assenting members of the CoC cannot alter…
FDI inflows into India are expected to register robust growth in 2026, supported by strong macroeconomic fundamentals, big-ticket investment announcements, sustained efforts to improve the ease of doing business, and a new generation of investment-linked trade pacts.To ensure that India remains an attractive and investor-friendly destination, the government reviews the FDI (Foreign Direct Investment) policy…
MUMBAI: India’s forex reserves jumped by $4.4 billion to $693.3 billion during the week ended Dec 19, Reserve Bank said on Friday. The overall kitty had increased by $1.7 billion to $689 billion in the previous week.For the week ended Dec 19, foreign currency assets increased by $1.6 billion to $559 billion, data showed. Source…
MUMBAI: Sensex dropped 367 points on Friday, marking its third consecutive day of losses, amid foreign fund outflows and a lack of major domestic triggers. In a low-volume trade, the 30-share index dropped 0.4% to settle at 85,041. The 50-share Nifty declined by 100 points to 26,042, registering its second day of decline. “Overall, Indian…
India’s dairy sector is entering a phase of tighter supply and margin recalibration after navigating sharp cycles of disruption, surplus, and recovery over the past three years, according to insights from an expert session hosted by Systematix Institutional Equities.The post-COVID period of 2022-23 proved challenging for the industry, marked by an unreasonable fall in milk…
Oil slumped in muted post-Christmas trading as investors assessed a step forward in long-stalled Ukraine peace talks which could lead to a deal that allows more Russian oil into global markets grappling with oversupply. WTO edged down on Friday to trade near $58 a barrel, while Brent was below $62.Bloomberg Source link
MUMBAI: The Irdai on Friday, fined Reliance General Insurance Rs 1 crore in Hyderabad for routing unauthorised payouts through marketing and awareness expenses that amounted to disguised commissions. The penalty follows Irdai’s examination of transactions across FY19, FY20 and FY21. According to the regulator, the insurer channeled payments to brokers, agents, corporate agents and unlicensed…