News Gate India

[ad_1] FPIs invested approximately $4.11 billion in Indian stocks across nine consecutive sessions. (AI image) Foreign investorsmaintained their longest purchasing streak since July 2023 on Monday, driven by optimistic prospects regarding US trade agreements, attractive company valuations, and India’s stability amidst global uncertainties.This trend persisted despite tensions between India and Pakistan.Foreign portfolio investors (FPIs) invested…

[ad_1] Mumbai: Ahead of a likely rate cut by RBI, even as liquidity remains scarce, veteran banker Uday Kotak has raised concerns over the banking business model, highlighting the narrowing spread between deposit and lending rates.Kotak said top banks are raising one-year wholesale deposits at around 8%, which translates to a marginal deposit cost of…

[ad_1] Since 2023, the government has been evaluating modifications to its nuclear foreign investment structure. (AI image) The Indian government is contemplating permitting foreign firms to acquire up to 49% ownership in nuclear power facilities, according to three government officials. This strategic shift aims to expand India’s closely monitored nuclear sector, supporting India’s objectives to…

[ad_1] MUMBAI: Dovish comments from the US Fed chair on Wednesday night after keeping rates unchanged led to an 899-point rally in sensex on Thursday that took the index to close above the 76K mark, a one-month closing high. It was the fourth consecutive session of gains for the index during which it added a…