FPI flows stumble on trail, edge closer to precipice

After a brutal selloff since October, foreign portfolio investor (FPI) flows for the year-to-date (YTD) in 2024 have turned negative. Illustration: Uttam Ghosh/Rediff.com In early September, YTD......

Better demand trends upgrade Indian Hotels to prfit suite

After a quiet April-June quarter in 2024-25 (FY25), the operational and financial performance of India’s largest listed hotel company, Indian Hotels Company, clearly rebounded in the......

High-growth segments, Tier-II, -III cities to drive long-term gains for ABB

ABB reported a weak quarter. Revenue was at Rs 2,910 crore, up only 5 per cent year-on-year (Y-o-Y), with operating profit at Rs 540 crore, up 23 per cent and net profit at Rs 440 crore.......

PSBs clocked 11% growth in H1FY25

The Union Finance Ministry on Tuesday said that aggregate business of public sector banks (PSBs) has shown strong growth of 11 per cent in the first half of the financial year 2024-25 (H1FY25) to......