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Top News In India May Today - Breaking & Trending Today

Foreign players' share in private sector capex declines

The share of foreign companies in private sector investments, directed towards building new factories and other facilities, has declined over the past six months.

A mix of large domestic announcements and relatively lower growth in foreign capital expenditure (capex) plans have played a role, although foreign investments remain near record levels.

The share of foreign companies in the overall private sector investments over the four quarters ended June 2023 has dipped to 14.9 per cent, as shown by a Business Standard analysis of data from the project tracker Centre for Monitoring Indian Economy. ....

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WEEKAHEAD-Indian rupee likely to recover, bond yields seen rangebound

The Indian rupee, coming off
its biggest weekly decline in more than a month, is likely to
recover this week while bond yields are expected to be
rangebound, taking cues from the U.S. peers.
. ....

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