Indian stock indices declined Friday morning, largely due to profit booking after the recent consistent bull run. Indian stock indices had been rising for about two weeks, backed by higher-than-estimated Q4 earnings, firm GST collection and foreign fund inflows.
Indian stock indices extended their positive momentum from the past week and opened in the green on Tuesday, largely due to firm GST collections and continued foreign fund inflows in April.
The discussion between Lanka's High Commissioner Moragoda and Bhatia was centred around the critical importance of enhancing air connectivity as an essential means of increasing tourism inflows to Sri Lanka.
Despite taking over the country in a poor state of affairs from the BNP-Jamaat alliance which had unleashed a reign of corruption, violence, religious extremism and militancy from 2001 to 2006, the Sheikh Hasina government has turned the tide and pushed Bangladesh towards development, econom
That puts its inflows far ahead of Mexico (USD60 billion), China (USD51 billion), the Philippines (USD38 billion), Egypt (USD32 billion) and Pakistan (USD29 billion), positioning the country to retain its spot as the world's top recipient of remittances. Such foreign remittances make up almo
Robust foreign fund inflows into Indian equities, the appreciating Rupee, and hints by the US central bank about the moderating rate of interest hikes supported investors' sentiment.
In its latest Migration and Development Brief, World Bank said remittance flows to India will rise 12 per cent, putting its inflows ahead of countries including China, Mexico and the Philippines.
The robust inflows of foreign funds, relative strength of the Rupee, and hint by the US Fed on slowing down on policy rates supported Indian stock markets.
Coping with Shocks: Migration and the Road to Resilience is the subject of a two-day conference that opens today, organized by the Institute for Integrated Development Studies and the World Bank.
New Delhi [India], September 24 (ANI): Inflow of foreign direct investment (FDI) to India is expected to surge to a record $100 billion in the current financial year helped by the Make-in-India initiative and steps taken by the government to improve the country's ranking in ease of doing
Islamabad [Pakistan], September 10 (ANI): Pakistan's macroeconomic vulnerabilities are not going anywhere as the country is reeling under a severe dollar liquidity crunch while the recent flash floods have aggravated.
New Delhi [India], September 4 (ANI): Foreign portfolio investors have infused Rs 51,204 crore into the Indian equity segment in the month of August, their highest investments in 20 months, data from the National Securities Depository (NSDL) showed.