According to the survey, nearly 9 out of 10 car buyers in India are...
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India witnessing 30 mn new demat accounts annually, 1 in 4 now a women investor
“This year, the number of new demat accounts may cross the 40...
India’s savings rate shoots past global average: SBI report
“Due to various measures, India's financial inclusion improved...
China’s GDP growth pace was inflated for nine years, study finds
China’s GDP has long been criticized for either over- or under-estimating growth, or for smoothing out the fluctuations in real economic activities. Local authorities, eager to achieve economic growth goals so as to improve their own chances of promotion, used to report regional GDP figures that when summed would be more than 10 percent larger than the official national figure.
Number of vehicles on Delhi roads over 1 crore, with more than 70 lakh two wheelers: Economic survey
The report, which was tabled in the Assembly on Saturday pointed that the annual growth of vehicles in Delhi decreased from 8.13 per cent in 2005-06 to 5.81 per cent in 2017-18, but the number of vehicles per thousand population increased considerably from 317 to 598 during the period.
7.16 lakh jobs created in Dec, 72.32 lakh in last 16 months: Payroll data
The EPFO manages social security funds of workers in the organised/semi organised sector in India and has more than 6 crore active members (with at least one-month contribution during the year
FPIs turn net buyers in February, pour Rs 5,300 crore into equities so far
According to the latest data available with depositories, a net sum of Rs 5,322 crore has been pumped into equities during February 1-15. However, FPIs pulled out a net amount of Rs 248 crore from the bond market during the period.This has translated into a net investment of Rs 5,074 crore in the country’s capital markets (equity and debt together).
India:FPIs turn net buyers in Feb; infuse Rs 5,300 cr in last 6 trading sessions
After turning net sellers in January, FPIs have turned net buyers in February so far. Though it is a welcome change, it is too early in the month to conclude as to where the flows are headed, analysts said.
FPIs pull nearly Rs 6,000 cr in Jan on global headwinds, upcoming elections
“The outflows could continue further with US interest rate hikes, tightening global liquidity condition and escalating trade disputes. The domestic macroeconomic concerns viz, weakness in currency, movement of crude oil prices, trade deficit would also weigh in on inflows,” he said.
M&A and PE deals scale record $110 bn mark in 2018: Report
Overall cross-border deal activity increased to USD 38.523 billion in 2018 from the USD 8.14 billion in the year ago period, it said, adding that this was majorly on the back of an increase in inbound deals.
FPIs turn net sellers in January; withdraw Rs 3,600 cr in just 9 sessions
“Going ahead, the focus would be on the budget, country’s progress on the economic growth front as well as general elections. Other factors such as movement in crude prices and currency, which would have a bearing on the country’s macro-environment; and worries over global trade war will continue to guide the direction of FPI flows,” he added.
Data dhow car accidents up in states that first legalised marijuana
“The new IIHS-HLDI research on marijuana and crashes indicates that legalizing marijuana for all uses is having a negative impact on the safety of our roads,” said IIHS-HLDI President David Harkey. “States exploring legalizing marijuana should consider this effect on highway safety”
Virudhunagar, Naupada, Sidharthnagar among top 3 aspirational districts
The development areas include health and nutrition, education, agriculture and water resources, financial inclusion, skill development, and basic infrastructure.