RBI Governor Sanjay Malhotra on Friday in his June MPC statement said net FPI outflows stood at nearly USD 14 billion in FY27 so far, primarily from equities, even as gross FDI remained robust. To attract foreign capital and strengthen…
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Blackstone-backed data centre specialist AirTrunk plans to invest more than USD 30 billion (over Rs 3,000 billion) to develop over 5 gigawatts (GW) of digital infrastructure capacity in India by 2030.
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India’s progress in areas such as artificial intelligence, semiconductors and global trade partnerships reflects its growing role in the international economy, said Minister of State for Commerce and Industry Jitin Prasada inaugurating the Global Business Research Conference 2026 at the…
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The Indian rupee strengthened today, moving against weaker Asian markets. This rise occurred before a key Reserve Bank of India policy announcement. Markets are watching closely for any interest rate changes. Economists generally do not expect a hike. The central…
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The government is considering selling up to a 2% stake in Hindustan Zinc Ltd., a move that could raise around Rs 5,000 crore. The stake sale, likely this month or in July, is part of a broader divestment drive aimed…
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The Centre has promulgated the Income-tax (Amendment) Ordinance, 2026, granting tax exemption to Foreign Institutional Investors (FIIs) on capital gains and interest income arising from investments in government securities (G-Sec).
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