After outflows worth ₹1.21 lakh crore in 2022, FPIs returned as buyers in 2023, buying Indian equities worth ₹1.65 lakh crore. During the year, FPIs were net sellers in just 4 months and buyers in the remaining 8.
Despite recent challenges such as geopolitical tensions from the Israel-Hamas war, rising crude oil prices, hawkish stances from the US Federal Bank, tightening guidelines on consumer loans by the Reserve Bank of India (RBI), and net outflows, the market defied these setbacks
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Talking about India s digital infrastructure in general and UPI payment in particular, Seth said that the world is now recognizing the model and many countries after Singapore, including UAE and US are now asking the government to connect to their digital payment system.
Friday, December 1, 2023 - A United States-based journalist has cleared the air on whether the US government is investigating former President Uhuru Kenyatta for allegedly stealing Sh 450 billion Eurobond. Former Soy Member of Parliament, Caleb Kositany, published a screengrab of a purported Financial Times news article implicating Uhuru Kenyatta in a multi-billion shilling Euro…
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