Category:

Eco/Invest/Demography

India’s weak economic data turns FPIs from net buyers to net sellers in Dec

“FPIs adopted a cautious approach while investing in Indian equities, on the back of subdued economic indicators. It has not been a good year for the Indian economy so far and the recently released GDP number which continued the southward march for the seventh quarter in a row falling to 4.5 per cent reaffirmed the slowdown in the Indian economy,” said Himanshu Srivastava, senior analyst manager research, Morningstar Investment Adviser India

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Delhi Anaj Mandi fire: 43 dead, several critically injured, probe ordered

The massive blaze ripped through the four-storey building housing  “illegal” manufacturing units in congested Anaj Mandi area in Filmistan locality.Police and fire department officials said most of the fatalities occurred due to suffocation as many people were sleeping when the fire started around 5 am on the second floor of the building that did not have fire safety clearance

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