The foreign direct inflows in India will continue to surge as long as the "China plus one" strategy combined with the production linked incentive (PLI) schemes are working, highlights a report by Jefferies, an investment banking and capital markets firm.
According to a press release, the company's assets under management (AUM) surged by 59 per cent year-on-year, reaching Rs 69,018 crores. Revenue grew by 38 per cent to Rs 245 crores, while profit before tax (PBT) increased by 40 per cent to Rs 99
In a significant development that could pull in foreign funds into India's debt market, JPMorgan Chase & Co added Indian government bonds to its benchmark emerging-market index starting June 28.
The capital market activity in June was marked by lower G-Sec supply and increased Foreign Portfolio Investor (FPI) inflows, supported by index inclusions, which helped prevent crowding-out effects. Bank credit continued its strong growth momentum, exceeding 15 per cent year-on-year as of mi
Lower yields in key regions and weaknesses in non-dollar currencies increased gold's allure to local investors, pushing global gold ETFs' total assets under management (AUM) 8.8 per cent higher year-to-date to USD 233 billion. Collective holdings also rebounded, reaching 3,105 tonnes.
The institutional investment in the second quarter (Q2) of 2024 increased to USD 2.5 billion inflows compared to the steady start in the first quarter, Colliers India said.
The Foreign Portfolio Investors (FPIs) significantly increased their investments in the Indian stock markets in the last week of June, according to data from the National Securities Depository Limited (NSDL).
Al Zeyoudi pointed out that the UNCTAD data on FDI inflows and outflows confirms that the UAE continues to make steady and confident progress on the path towards economic diversification and sustainable growth.
According to the World Gold Council's latest commentary, the month saw a resurgence in inflows, primarily driven by strong demand in Europe and Asia, despite minor outflows in North America and other regions.
Maintaining consistency in attracting foreign investment inflows, India has received a total foreign direct investment (FDI) inflow of USD 70.9 billion in the financial year 2023-24.
New Delhi [India], June 1: Bitcoin rallied towards its $73k resistance zone fueled by ETF inflows. However, some experts warn of a potential pullback. AMBCrypto's exclusive May month's report predicts an impressive 80 per cent growth for Bitcoin by year-end.
Even in May, it continued to trade in a tight range of 83.43-83.52 per US dollar amidst a lack of FPI inflows and dollar demand from oil companies, according to a report by the Bank of Baroda.