FPIs Turn Net Sellers in September, Pull Out Rs 2,038 Cr
Foreign portfolio investors (FPI) turned net sellers in Indian markets by pulling out Rs 2,038 crore so far in September as participants turned cautious in view...
Category : ECONOMY
Rs 30,000 Cr Special Liquidity Scheme Under Atmanirbhar Bharat Package: Finance Ministry
The Union Ministry of Finance informed that an amount of Rs 30,000 crore Special Liquidity Scheme has been progressed for non-banking, housing finance companies and...
AstraZeneca Pharma Plunges Over 13% on COVID Vaccine
On Wednesday, AstraZeneca Pharma India Ltd’s shares have fallen more than 13 per cent after its parent firm announced pausing COVID-19 vaccine trials globally due to an...
Blockchain players Beat Gold and Bitcoin Amid COVID-19 Pandemic
Gold and Bitcoin have both seen a steady flow with investments or bets on cryptocurrency. However, with last year’s scenario, instead of buying into either asset...
Loan Product ‘SAFA’ Planned by SBI for Organic Cotton Growers
A new product, SAFAL, is undergoing plans for launch by the State Bank Of India. The main aim of this initiative is to facilitate organic...
Oil Drops Beyond Two-month Low on Bleak Short-Term Demand Outlook
There has been an observed decline in Oil levels since July, as recent indications note its lowest drop in intraday level by faltering demands and...
RBI Focuses on Neglected Districts in Priority Sector Loans
On Friday, the Reserve Bank of India (RBI) prioritized its guidelines in creating a system for Priority Sector Handling (PSL). This system will allow higher weightage to...
Diesel Demand Falls 12% in August as Local Lockdowns Stall Economic Recover
Diesel demand dropped 12 per cent in August over the previous month as local lockdowns, high prices and slower economic growth stalled the recovery. Petrol...
Turkey’s Economy Shrinks Nearly 10% in Q2
Turkey’s economy contracted by 9.9 per cent in the second quarter of the year from the previous three-month period in the wake of lockdown measures...
Rupee Posts Biggest Weekly Gain Against US dollar in 20 Months
The Indian rupee rose to its highest level in nearly six months on Friday, gaining for a third straight session as foreign investors piled into domestic equity...