Foreign Investors Return to Indian Markets.. – Greatandhra
Foreign institutional investors (FII) have resumed buying Indian stocks, investing Rs 23,000 in just five days as of March 25th. This surge coincides with the seven-day rally at Nifty 50 and Sensex, and will encourage lower ratings, stronger rupees and improved economic conditions. On March 25 alone, FIIS bought shares worth Rs 19,066, selling Rs […]
X-Tra: India Attracts Global Investments.. – Greatandhra
India has witnessed a surge in global investment across a range of sectors. Heinekenthe Netherlands-based beer giant will invest Rs 2,500 to set up a beer factory in Unnao, Uttar Pradesh, strengthening its domestic footprint. In the automotive sector, Toyota It is establishing India's first R&D centre in Bengaluru, which is expected to house 1,000 […]
Rising Dollar Delays NRIs' Investment Plans.. – Greatandhra
Indian real estate has recently seen a shift in interest from NRI, but many have hesitated to invest as the US dollar value in the Indian rupee is growing. In just a few months, the exchange rate skyrocketed from Rs 83 to Rs 87, reducing the returns NRI sees in investments. Investing in the rupee […]
Rupee falls to all-time low of 85.12 against US dollar – Greatandhra
The Indian rupee fell by 18 paise against the US dollar to a record low of 85.12 on the National Stock Exchange (NSE) over the US Federal Reserve's (Fed)'s hawkish comments on the prospect of interest rate cuts. At Wednesday's Federal Reserve meeting, the focus shifted to maximum employment and price stability, with the FOMC […]
Row over absence of Pawan pic on pension ad! – Greatandhra
As promised, Telugu Desam Party leader and Andhra Pradesh Chief Minister N. Chandrababu Naidu inaugurated the distribution of NTR Bharosa Pension Scheme by personally distributing pensions to the beneficiaries at Penumaka village in Mangalagiri Assembly constituency on Monday morning. As expected, the Naidu government took out full-page advertisements in all major newspapers in the state […]
No button pressing, Naidu to pay money directly!.. – Greatandhra
YSR Congress leader and former Andhra Pradesh Chief Minister YS Jagan Mohan Reddy used to “press the button” – click the computer mouse – to transfer funds into the accounts of beneficiaries of various welfare schemes. Every time, Jagan’s government took out full-page ads in newspapers and extensive advertisements in electronic and digital media to […]