.Now more and more foreign investors are urging a review of the rule. MUMBAI: In just four months this year, foreign portfolio investors (FPIs) have net sold stocks worth a little over $20.6 billion, surpassing the highest ever yearly net sales figure in the domestic market.In 2025, FPIs had net sold stocks worth $18.9 billion,…
CHENNAI: When Chennai Super Kings shelled out a staggering ?14.2 crore each for fresh faces Prashant Veer and Kartik Sharma at last Dec’s IPL mini auction, it turned heads. The two even became the joint-most-expensive uncapped Indian players ever signed at an IPL auction.For a franchise known for the ‘dad’s army’ tag and stability, there’s…
MUMBAI: Bank credit growth in FY26 was led by services and retail segments, with non-food credit expanding by Rs 29.2 lakh crore, driven largely by lending to NBFCs, housing, and gold-backed loans, according to sectoral data.Services and personal loans together accounted for over two-thirds of incremental credit. Services saw an addition of Rs 9.7 lakh…
NEW DELHI: RBI deputy governor Poonam Gupta Friday said that India has strong macroeconomic fundamentals, which can help it sustain 7.5% growth with low inflation, and added that she was not seeing a major impact on the balance of payments situation due to the West Asia conflict.At a conference organised by the Isaac Centre for…
NEW DELHI: While acknowledging possible stress due to the West Asia conflict , expenditure secretary Vumlunmang Vualnam Friday said that the Centre will prioritise capital expenditure and seek to ensure that the entire allocation for public spending is utilised.“The fiscal stress is indeed very much a reality, but at the same time… the capex will…
Mitchell Starc’s fiery spell on return (Image: IPL/BCCI) Axar Patel, captain of the Delhi Capitals, heaped praise on Mitchell Starc after the left-arm pacer claimed three wickets in his first game of IPL 2026 as Delhi Capitals beat Rajasthan Royals by 7 wickets. Australian fast bowler Mitchell Starc returned to professional cricket after almost three…
Jane Street Group’s journey to the top of Wall Street has been a lucrative ride for its workforce. The firm doled out $9.38 billion in compensation last year — more than double the amount in 2024 — as the market maker vaulted past its biggest Wall Street rivals, according to people familiar with the matter…
Elon Musk sparred with lawyers for a third day Thursday at his California trial against OpenAI, struggling to explain why his own for-profit AI empire differs from the one he is trying to take down.“Few answers are going to be complete, especially when you cut me off all the time,” the visibly irritated multi-billionaire said…
Jason Holder had to wait for his chance at Gujarat Titans, but when it arrived, the West Indies allrounder gave the clearest reminder yet of why the franchise had invested Rs 7 crore in him at the auction. Brought into the XI in place of Glenn Phillips, Holder produced a decisive all-round display in Gujarat’s…
MUMBAI: InGovern Research has called on the RBI to reject Tata Sons’ application to surrender its financial licence, describing the move as a “strategic manoeuvre to sidestep mandatory listing obligations” and to order the company to list on domestic exchanges by March 2027.InGovern argued that the application, filed in March 2024, is “dead on arrival”…