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The growth was even stronger when excluding banking, financial services, and insurance (BFSI) companies -- EBITDA and earnings grew by 7 per cent and 6 per cent YoY in that group.
Investors can authenticate UPI IDs either by scanning a QR code or by manually entering the UPI ID. For bank verification, they can confirm the bank account number and Indian Financial System Code (IFSC) of a registered intermediary.
The 'BHASKAR' One Stop Digital platform will provide startups with immediate access to critical tools and knowledge, enabling faster decision-making and more efficient scaling.
The SEBI study found a strong disposition effect, with investors showing a greater propensity to sell IPO shares that posted positive listing gains, compared to those that listed at a loss.
In September last year, the Income Tax Department notified new angel tax rules that comprise a mechanism to evaluate the shares issued by unlisted startups to investors.
Barring some exceptions, foreign portfolio investors (FPIs) had been selling equities in the Indian markets for over a year, which started in October 2021 for various reasons.
Credit Suisse is the first major global bank to be given an emergency lifeline since the 2008 financial crisis and its problems have raised serious doubts over whether central banks will be able to sustain their fight against inflation with aggressive interest rate hikes.
Tech Mahindra, UltraTech Cement, Nestle and Asian Paints were the laggards. In the broader market, the BSE smallcap gauge climbed 0.68 per cent and midcap index jumped 0.58 per cent.
The widest gap between FII and DII holding was in March 2015 quarter, when DII holding was 55.45 per cent lower than FII holding.
US venture capital firms investing in India are expecting the Union Budget 2023 to support the growth and development of the startup ecosystem in the country.
Union Finance Minister Nirmala Sitharaman is scheduled to table the Union Budget for the financial year 2023-24 before parliament on February 1.
Geopolitical scenario and the pandemic induced the need to diversify supply chain sources and present India with an opportunity to enhance its participation.
Foreign portfolio investors have infused Rs 51,204 crore into the Indian equity segment in August.
India’s headline retail inflation fell to 6.71 per cent in July from 7.01 per cent in June.
FPIs have pulled out overall Rs 159,202 crore worth of equities so far in 2022, NSDL data showed.
A Rajasthan based company did a blunder in corporate filing.
Since then the corporate filing has gone viral on social media with users taking a jibe.
Netizens trolled company's filing which said "Pleased to inform promoter death".
The developed and emerging economies have made significant efforts for augmenting the information base on FDI, where valuation is a critical component.
The analysis on FLA census results summarised the interesting facets of sector-wise distribution of investment and related performance (FAT statistics) for foreign subsidiary companies.
With more mom-and-pop investors chasing overseas stock investments that were until now a hobby of the wealthy, brokers that help investors navigate these trades through India`s highly restrictive cross-border investment rules are thriving.
Belly dance performances in the event to promote Pakistan economy.
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On Friday, the government will unveil an interim budget that is expected to be full of goodies for rural and urban middle class voters.
In India, loan frauds typically refer to cases where the borrower intentionally tries to deceive the lending bank and does not repay the loan.
Mutual funds invested Rs 1.2 lakh crore in equities in 2017, much higher than over Rs 48,000 crore infused last year and more than Rs 70,000 crore pumped in during 2015, latest data with the Securities and Exchange Board of India (Sebi) showed.
According to the data, investors have poured in a net of Rs 1.26 lakh crore in MF schemes last month as compared to an investment of over Rs 51,000 crore in October.
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