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SC refuses to transfer Adani probe to CBI, fully backs SEBI

In a significant win for the Adani group, the Supreme Court on Wednesday refused to transfer the probe into allegations of stock price manipulation by the Indian corporate giant to a special......

FPI selling spree, IT stocks dampen investor sentiment

Benchmark stock indices Sensex and Nifty continued their decline on Monday owing to unabated foreign fund outflows, selling in IT stocks and weak leads from the US markets. The 30-share BSE Sensex......

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......

FPIs withdrew Rs 22,420 cr from equities in Nov

Foreign investors have pulled out Rs 22,420 crore from the Indian equity market so far this month, owing to high domestic stock valuations, increasing allocations to China, and the rising US dollar......

RBI issues framework for reclassification of FPI to FDI

The Reserve Bank of India on Monday issued an operational framework for reclassification of investment made by a foreign portfolio investor to foreign direct investment (FDI) if the entity breaches......

MFs cast their lines for record Oct catch

Mutual funds (MFs) reinforced their record monthly inflows in October with an investment of Rs 87,000 crore (up to October 29), softening the downside pressure on domestic markets. Illustration:......

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