Foreign investors selling Indian equities due to ‘profit booking’: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman Monday said the foreign institutional investors (FII) are selling Indian equities lately due to the profit booking.
Union Finance Minister Nirmala Sitharaman Monday said the foreign institutional investors (FII) are selling Indian equities lately due to the profit booking.
Offering rare insights in the Government’s economic thinking and giving a snapshot of the Indian Economy, together with a SWOT analysis, every word of the Economic Survey is precious to serious students of economics.
On his return to Bhopal after his visit to Japan, Madhya Pradesh Chief Minister Dr Mohan Yadav declared that the state would be a crucial contributor to India’s economic advancements in the future, emphasising that the state's importance was evident during his visit as major Japanese companies evinced keen interest in investing in Madhya Pradesh.
PHDCCI CEO and Secretary General Dr. Ranjeet Mehta discusses MSMEs, predicts India becoming a $34 trillion economy by 2047, and shares insights on the rupee slide. .
The Economic Survey tabled by Union Finance Minister Nirmala Sitharaman on Friday showcased key developments in the Indian economic landscape, from growth numbers to banking sector performances. It highlighted that India’s economy is projected to expand between 6.3 per cent and 6.8 per cent in the financial year 2025-26 (FY26).
The RBI also said that the NSO estimates for the second quarter expected at the end of November 2020 will formally bear out the extent of improvement that occurred in the quarter gone by.
The corporate sector will become "very careful about borrowings" and use their internal resources initially.
There is a wide gap between the technologies developed in the research institutions and their applicability at the farmers field. Awareness among farmers as to technologies must be created for better transfer of research technologies.
He further said that the central bank has asked all the banks and NBFCs to undertake stress test internally.
The ADB expects that the inflation to fall in the remainder of FY2020 to 4.5 per cent with tamed food prices and decreased economic activity.
