Foreign portfolio investors (FPIs) recorded a net inflow of Rs 42.2 billion, witnessing a decline from Rs 62.71 billion in March, according to the data compiled by IDBI Capital.
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Indian banks are preparing to carefully increase their unsecured loans. This is due to better asset quality and less stress in personal loans and credit cards. State Bank of India expects personal loans to grow. Overall credit growth has slowed.…
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While earlier also, satellite spectrum used to be given administratively to VSAT, or very small aperture terminal, operators etc, as part of the licence, the modalities have to be defined afresh, as now onwards, there would be an authorisation regime…
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The UK government is set to tighten visa rules, aiming to curb the influx of foreign workers amidst rising concerns about pressure on public services and right-wing protests. New measures include stricter requirements for skilled worker visas and limits on…
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U.S. Treasury Secretary Scott Bessent reported “substantial progress” in trade talks with China, aiming to de-escalate the damaging trade war. U.S. Trade Representative Jamieson Greer described the outcome as “a deal we struck,” anticipating a reduction in the U.S. global…
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Geopolitical tensions between India and Pakistan are causing concern among foreign importers, who are seeking updates from Indian suppliers. Cargo movement has slowed at some ports, and banks are taking longer to process documents for shipments to Turkiye due to…
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