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......

CLSA shifts focus back to India, cuts China exposure

Global brokerage firm CLSA has reversed its early tactical shift from Indian equities to Chinese stocks, and has decided to raise India allocation while cutting exposure to China. Illustration:......

New biz premium of life insurers rises 13% in October

Life insurance companies reported a 13.16 per cent year-on-year (Y-o-Y) growth in new business premium (NBP), totting up Rs 30,347 crore in October, even as the number of policies sold saw a sharp......

Equity NFO pipeline remains strong despite mkt weakness

The equity market’s recent downturn appears unlikely to slow the brisk pace of mutual fund (MF) scheme launches, at least in the coming weeks. Illustration: Uttam Ghosh/Rediff.com Last......