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Rising Covid infections and the weakness of the rupee have combined to prompt foreign fund managers to continue to take money out of the Indian stock market in May, the second consecutive month of net outflows.
IRDAI extends CKYCR to legal entitiesAs the CKYCR is now fully operational for individual customers, it has been decided to extend the CKYCR to Legal Entities (LEs), regulator IRDAI said in a circular to life and general insurers (including standalone health ins… Read MoreBack to square one: When big economies will hit pre-virus GDPThe pandemic expected to widen inequality between countries and within them, and may push as many as 150 million people into extreme poverty, according to the World Bank.
from Stocks-Markets-Economic Times https://ift.tt/2KU… Read MoreTokyo stocks open higher ahead of earningsThe benchmark Nikkei 225 index was up 0.44 percent or 124.23 points at 28,670.41 in early trade, while the broader Topix index advanced 0.46 percent or 8.41 points to 1,856.41.
from Stocks-Markets-Economic Times https://ift.… Read MoreStocks in the news: HUL, Axis Bank, Kotak Bank, Indiabulls Realty and GAILPNB Housing, Nippon LIfe Asset Management and India Cements are among companies which will announce their December quarter results on Wednesday.
from Stocks-Markets-Economic Times https://ift.tt/3oq1Eds
… Read MoreGAIL eyes pipeline InvIT before splitThe nation's top gas marketing and transportation firm plans to monetise Dahej-Uran-Panvel-Dabhol pipeline and Dabhol-Bengaluru pipeline by setting up an Infrastructure Investment Trust (InvIT), two sources with direct knowle… Read More
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