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FPIs net buyers in Feb so far; invest Rs 5,177 cr

by AIP Online Bureau | Feb 9, 2020 | Eco/Invest/Demography, Indian News

New Delhi: Foreign investors remained net buyers in Indian capital markets for a sixth straight month in February, putting in a net amount of Rs 5,177 crore mainly in the debt segment in the month so far, according to depositories data. Foreign portfolio investors...

Govt open to further consolidation of banks depending on need: Anurag Thakur

by AIP Online Bureau | Feb 9, 2020 | Indian News, Life

New Delhi: The government is open to further consolidation of banks depending on needs, Minister of State for Finance Anurag Singh Thakur has said. Last year, the government announced mega amalgamation of 10 public sector banks into four to cater to the needs of the...

400 infra projects’ show over Rs 4 lakh crore cost overrun

by AIP Online Bureau | Feb 9, 2020 | Eco/Invest/Demography, Indian News

  New Delhi: As many as 400 infrastructure projects,each worth Rs 150 crore or more, have been hit by total cost overruns of over Rs 4 lakh crore owing to delays and other reasons, according to a report. The Ministry of Statistics and Programme Implementation...

Auto sector slowdown to continue as demand unlikely to revive: Report

by AIP Online Bureau | Feb 9, 2020 | Eco/Invest/Demography, Indian News

  Mumbai: It is set to be a long haul for the auto sector that has already been riding through its worst slump in two decades, with demand, that has so far plunged 16 per cent, unlikely to pick up even next year, according to a report.   The 3...

Novel coronavirus case numbers are now stabilising: WHO

by AIP Online Bureau | Feb 8, 2020 | Disaster & Management, Eco/Invest/Demography, International News

  Geneva: The number of cases of the deadly novel coronavirus being reported on a daily basis in China is "stabilising", the World Health Organisation said on Saturday.   The UN health agency said this was "good news" but cautioned that...
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