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Foreign Portfolio Investors have been sellers in nine out of the 11 previous trading sessions since June 16 after the US dollar index firmed , when the US Fed signalled a rate hike could happen as early as 2023.. Their net outflow in this period was only over Rs 250 crore but that was on account of bulk deal inflows into select stocks on two days. But for these purchases, the FPI sales figures would have been much higher.
PNB puts Rs 4,518 crore towards bad loans in Q4FY20The bank saw its profits decline 37.3 per cent in FY20 to Rs 14,739 crore when compared to the previous fiscal.
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… Read MoreRadio Mirchi posts operating revenue of Rs 152 crore in Q4 Radio listenership in the top cities has grown by 55% and the time spent on it by 109% during the lockdown.
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… Read MoreHousehold family silver as sovereign collateral to rescue Covid-hit economy?The coronavirus pandemic is bringing out the worst monetary plans from India's Left, Right.
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… Read MoreWall Street expects a Covid-19 vaccine before US presidential electionTop virus expert Anthony Fauci, have set their eyes on a vaccine by early 2021 at the earliest
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… Read MoreWill ensure banks pass on rate cut benefits to consumer: FM to India IncLast month, the RBI slashed the benchmark repurchase (repo) rate, the price at which banks borrow from the central bank, by 40 basis points to a historic low of 4 per cent.
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