China’s share in India’s foreign direct investment (FDI) approvals remained largely negligible in 2025-26, with the government approving just one proposal worth Rs 1 crore during the year. In comparison, 13 proposals from Hong Kong, together worth Rs 610.42 crore, received approval, according to official data. These approvals fall under India’s investment screening rules for…
Months of turmoil in the Middle East have wrecked global energy supplies, forcing countries to rethink their energy security strategies. India, however, is looking inward. Rather than relying more heavily on imports, the government is betting on finding more oil and gas beneath its own seas by sharing the financial risks of deepwater exploration, an…
Final minutes of the trading day are set to change from Monday, August 3, as the Securities and Exchange Board of India (Sebi) is introducing a new Closing Auction Session for F&O-eligible stocks and extending trading hours for the equity derivatives segment.The new framework brings a different end-of-day routine for traders, especially those in F&O-eligible…
India’s biggest listed companies added Rs 2.51 lakh crore in market value last week as a rally on Dalal Street lifted nine of the top-10 most-valued firms. Bajaj Finance emerged as the biggest gainer after its June-quarter earnings, while Hindustan Unilever was the only company to end the week with a lower valuation.BSE Sensex climbed…
Foreign portfolio investors (FPIs) made their comeback to Indian equities in July after staying away for four consecutive months, emerging as net buyers with investments worth Rs 20,200 crore. Attractive valuations, improving corporate earnings and a better global investment environment helped bring foreign investors back.According to data from the Central Depository Services (India) Ltd (CDSL),…
Trump had claimed that blocking was politcally motivated US President Donald Trump’s family business Trump Organization has been accused by Capital One of having its bank accounts closed following an internal anti-money laundering (AML) review, according to a court filing amid ongoing legal battle.In a court filing on Friday, the bank said the account closures…
NEW DELHI: GST collections rose 15.4% to Rs 2,11,205 crore in July, the second highest since the new structure was implemented last Sept, on the back of a 29% jump in integrated GST (IGST) on imports. This was also the highest pace of growth since rate rationalisation.The rise in IGST on imports in July (for…
India’s passenger vehicle industry is estimated to have posted one of its strongest monthly performances in July, with domestic dispatches rising by around 33% year-on-year to nearly 4.7 lakh units. Strong volumes from leading manufacturers, including Maruti Suzuki and Hyundai, along with robust growth reported by Tata Motors and Mahindra & Mahindra, helped drive the…
NEW DELHI: New model launches, led almost entirely by sport utility vehicles, helped several automakers post record July sales, suggesting that in an otherwise competitive passenger vehicle market, fresh products are increasingly deciding the winners.Tata Motors Passenger Vehicles registered the strongest growth among the larger manufacturers, with sales jumping 59% year-on-year to 63,760 units. While…
MUMBAI: RBI has said that total forex mobilisation under its concessional dollar swap facility has crossed $40 billion, more than doubling in a fortnight and surpassing the FCNR(B) deposit mobilisation seen during the 2013 special window despite higher US bond yields and tax-related challenges affecting NRI investments.Authorised dealer banks had mobilised $40.8 billion under the…
