Indian equities posted their best month in three years in March as foreign investors plowed more than $6 billion into the market on the prospect of PM Modi winning a second term.
Blackstone Group LP-backed Embassy Office Parks, rose on its trading debut, in a vote of confidence for a potential new funding avenue for the nation’s cash-strapped developers.
The investor says he would ride out any volatility and even look to buy into declines if there's an erosion of Prime Minister Narendra Modi’s grip on power.
The most affected companies are Vedanta, Tata Motors, HDFC, Kotak Bank, Infosys, Tata Steel, Yes Bank, Maruti Suzuki and RIL, falling up to 2.56 per cent.
Prime Minister Narendra Modi’s re-election bid has turned out to be tougher than earlier estimated, with investors turning cautious in the run up to the outcome.
Finance minister Arun Jaitley will address the RBI board to highlight the key points of the interim budget, including the fiscal consolidation roadmap.
According to government reply in Lok Sabha, the pilot phase of PMIS is being used to test concepts, strategies and systems before a full-scale implementation of the scheme.
Order for 87 MALE drones will be split between 2 Indian firms in 64:36 ratio to ensure there are 2 independent manufacturing lines with at least 60% indigenous components.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
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