Moving ahead on the COVID-19 trajectory, India’s cumulative recoveries show a progressive increment on a daily basis. It stands at 1.06 crore (1,06,56,845) today. The recovery rate is 97.32 per cent. Rising recoveries along with contained daily deaths have ensured a sustained fall in the active caseload of the virus.
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FPIs invest Rs 22,038 cr in Feb so far amid post-Budget cheer
According to depositories data, overseas investors poured in Rs 20,593 crore into equities and Rs 1,445 crore in the debt segment, taking the total net investment to Rs 22,038 crore during February 1-12.
There are other indicators that support FPI flows into the equity markets like continuous decline in the COVID-19 case count, rollout of vaccines, growth in earnings and measures taken by the government to boost the economy, Srivastava said. V K Vijayakumar, chief investment strategist at Geojit Financial Services, noted that there is sectoral rotation happening in the market now.
Himalayan rescuers recover more bodies as flash flood death toll rises to 50
Uttarakhand is prone to flash floods and landslides. The disaster has prompted calls by environmental groups for a review of power projects in the ecologically sensitive mountains.
A team of scientists are investigating if a piece of a Himalayan glacier did fall into water and trigger the flood.
There are about 10,000 glaciers in the Indian Himalayas. Uttarakhand itself has up to 1,495 glaciers and many are receding due to the warming climate.
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