The foreign selling spree was primarily attributed to stretched valuations in Indian equities, raising concerns about market overheating Foreign portfolio investors (FPIs) continued their equity sell-off during the week ending July 25, 2025, though at a significantly reduced pace compared to the previous week. Net equity outflows stood at $113 million, down sharply from $1.09
The EU on Friday adopted its 18th package of economic and individual sanctions against Russia, targeting Moscow’s energy revenues, banking operations, military suppliers, and trade flows, while also tightening restrictions on Belarus. The latest package includes 55 new listings, 14 individuals and 41 entities, linked to actions undermining Ukraine’s sovereignty, bringing the total number of
“Please don’t fall for misinformation,” Indian crypto exchange CoinDCX’s Co-founder and CEO, Sumit Gupta, said Saturday amid allegations that the exchange moved user funds to non-compliant entities in Lithuania. The allegation was reportedly made by another Indian exchange, WazirX, which has been under scrutiny since last year’s $230 million hack. In an affidavit filed as
At a time of unprecedented cuts to international aid, flexible funding — donations given without restrictions — is needed more than ever to enable UNICEF to carry out its mission. A look at how UNICEF leverages flexible resources to drive impact for children. Children at the Quebrada Nacimiento Carojá Rural Mixed School in Guatemala take
The inflows follow a 50-basis-point interest rate cut by the Reserve Bank of India (RBI) at its most recent Monetary Policy Committee (MPC) meeting, a move aimed at spurring growth amid controlled inflation levels. Foreign portfolio investors (FPIs) pumped a net Rs 13,107.54 crore into Indian equity markets during the week of 23 to 27
While India’s macroeconomic health is in a “relative goldilocks situation”, the prevailing global uncertainty means these may be “nervous but exciting times” for the economy, the Ministry of Finance said on Friday. “The brief Israel-Iran war, followed by the US intervention, pushed the price of crude oil sharply higher. Its persistence would have threatened India’s
Among NBFCs, Muthoot Capital Services Ltd. stands out with an annual interest rate of 8.95 per cent for a three-year deposit. In a decisive monetary policy move last week, the Reserve Bank of India (RBI) reduced the repo rate, prompting several banks and non-banking financial institutions (NBFCs) to lower both lending and deposit rates. The
Some of the world’s leading airlines are investing to build a flight network to better connect India to the rest of the world. IndiGo, Delta Air Lines, Air France-KLM and Virgin Atlantic this week announced a partnership that aims to link the domestic and international travel markets within and outside of India. IndiGo is a
Urging India to pave the way for other developing countries on the Investment Facilitation for Development (IFD) agreement, World Trade Organization (WTO) Director General Ngozi Okonjo-Iweala has said that India needs to support the China-led initiative, which is already backed by 90 out of 126 developing nations. Iweala added that WTO members should also listen
Punjab Finance Secretary Krishan Kumar has raised an alarm over revenues from two major resources, including Goods and Services Tax (GST) and excise, dipping in April, and flagged it to the administrative secretaries of the departments concerned. Under its tax revenue, against the collection of Rs 4,534 crore collected last year over the same period,