FII equity selling in India continued in December, but at a slower pace. While they net sold Rs 656 crore through exchanges, FIIs invested Rs 17,331 crore in the primary market. This highlights their focus on long-term opportunities despite short-term concerns. FIIs have also heavily invested in the Indian debt market.
Ahead of the 2025 Delhi assembly elections, Lt. Governor Vinai Kumar Saxena orders immediate checks on private cars from Punjab amid allegations of cash transportation to influence voters, following Congress leader Sandeep Dikshit's claims. An inquiry into potential misuse of personal data for AAP's 'Mahila Samman Yojana' is also initiated.
India's steel industry faces challenges from rising imports and fluctuating raw material prices in 2025. Efforts to achieve a 300 MnT capacity by 2030 and transition to green steel production are key focuses. Government intervention, import protection measures, and policy support are deemed essential.
Andhra Pradesh Deputy Chief Minister Pawan Kalyan warned political leaders of severe consequences for attacking or obstructing government officials. His statement followed an incident involving a Dalit official allegedly attacked by a local YSRCP leader, C Sudarshan Reddy. Kalyan stressed the need to protect officials from such assaults.
Here are some of the best snowfall destinations to visit in India.
The Nifty closed with a modest 0.96% weekly gain but remained below the crucial 200-DMA, signaling market fragility. Key support is at 23,500, resistance at 23,860. Cautious trading is advised, with selective buying amid continued sectoral divergences in performance.
Antonio Guterres, the UN chief, expressed deep condolences on the death of former Indian Prime Minister Manmohan Singh. Singh, who served as Prime Minister from 2004 to 2014, significantly influenced India's economic growth. He died at 92 in Delhi. Singh's contributions to India and the UN were highlighted during his two terms in office.
A Mega Millions jackpot reached USD 1.22 billion after three months, attracting significant attention. Mega Millions ticket prices are set to rise, promising improved jackpot odds and larger payouts. Lotteries have ancient origins, gaining legitimacy in modern U.S. as a revenue source. Jackpots grow due to lowered odds and larger number pools.
Delhi LG Vinai Kumar Saxena has initiated an inquiry into allegations that non-government individuals are collecting personal data under the guise of registering residents for AAP's 'Mahila Samman Yojana'. Complaints were raised by Congress' candidate Sandeep Dikshit, leading to the directive. Police and other authorities have been urged to take appropriate action.
Sharmistha Mukherjee expressed disappointment over Congress not holding a CWC meeting to pay formal condolences to her father, Pranab Mukherjee. She called upon the central government to create a memorial for former Prime Minister Manmohan Singh, criticizing the political insensitivity displayed in the funeral arrangements.
An elephant, approximately 15 years old, was found dead in Korba district, Chhattisgarh, on Saturday. The carcass was discovered near Gitakunwari village. Preliminary findings suggest electrocution as the cause of death, though the exact cause will be confirmed after the post-mortem. Over 50 elephants have died in the state in the past four years.
The district administration in Thrissur denied permission for the traditional fireworks display during the Vela Ezunnallippu ritual at Paramekkavu and Thiruvambady temples, citing safety reasons and new amendments to the Explosive Rules. Temple authorities view this as an attempt to undermine the iconic Thrissur Pooram festival.
Prince William reminisced about an amusing gift he gave to Kate Middleton early in their relationship: binoculars. The prince revealed that this unusual present has since been a humorous reminder between them. The royal family has a tradition of exchanging quirky gifts, continuing this festive practice at the Sandringham Estate.
Indian stock markets witnessed significant institutional activity this week, with large block deals executed in Reliance Industries, Bajaj Auto, Hero MotoCorp, Divi's Laboratories, Samvardhana Motherson, and Dr. Reddy's Labs, among others.
MMS is remembered for his success in Indian politics and administration. He was known for his integrity and simplicity. Despite being accused in the coal scam, he maintained his honor. He kept his family away from public life and remained connected with friends. He valued education and worked hard to achieve his goals.
Cross-border fire between Afghan and Pakistani forces resulted in the death of one Pakistani soldier and injuries to seven others. Clashes occurred in Khyber Pakhtunkhwa province’s frontier district. Tensions have risen after Taliban accused Pakistan of bombing near the border. Pakistan claims targeting terrorist hideouts amid escalating hostilities since the Taliban's 2021 takeover.
In 2008, Manmohan Singh pushed through the Indo-US nuclear deal despite strong opposition from the Left. His decisive actions and strategic alliances helped him secure the deal. This victory transformed Singh's image from a technocrat to a strong political leader and played a key role in the Congress party’s win in the 2009 elections.
As a country, we are obsessed with the Nifty50, Bank Nifty, the Sensex, and the Nifty Midcap Index. We don't bother to look at others. Of course, many are not worth looking at as they are there just for the sake of it. There is, however, one index which should probably be looked at before all others. Reason: This index gives you a much better idea of what is happening in the economy. And it is what happens in the economy that matters to the street. So while it is not well tracked today, it is probably... Читать дальше...
Union Minister Jyotiraditya Scindia presented India Post's capital expenditure demands to Finance Minister Nirmala Sitharaman, aiming to make it profitable by 2029. Scindia's plan includes digitalizing processes, improving infrastructure, and introducing attractive B2B and B2C services to compete in the logistics industry.
Mauritius will fly its flag at half-mast to honor former Indian Prime Minister Manmohan Singh, who passed away. Mauritian officials attended his funeral in Delhi. The Indian High Commission in Mauritius shared condolences. Indian leaders and Congress party members paid their last respects at the funeral, where Singh was cremated with full state honors at Nigambodh Ghat.
Washington Sundar praised the resilience of the Indian team after a crucial 127-run partnership with Nitish Kumar Reddy helped India stabilize their innings in the fourth Test against Australia. Reddy's unbeaten century at the Melbourne Cricket Ground marked a significant milestone, placing him among India's youngest Test centurions in Australia.
Amidst a weak market, certain Nifty 250 stocks are nearing 52-week highs, highlighting their strong fundamentals and investor confidence. These stocks are outperforming the broader market, despite the Nifty 50 and Sensex trading near their 200-DEMA levels.
The world's largest Tibetan Buddhist study center, Larung Gar Buddhist Academy, faces increased Chinese military presence, heightened surveillance, and stricter regulations on monks' and nuns' residency and registration. These actions are part of China's broader strategy to control Buddhist institutions and limit religious freedom, continuing a history of tension and unrest in Tibet.
The Madras High Court has formed an all-women IPS officers' SIT to probe the Anna University sexual assault case and the FIR leak incident, directing the Tamil Nadu Government to compensate the victim and ensure no future FIR leaks. The court also reprimanded the police for holding a press conference without permission.
