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Lost crores, say Delhi traders affected by fire in India’s largest wholesale electrical, electronics market

Lost crores, say Delhi traders affected by fire in India’s largest wholesale electrical, electronics market

by AIP Online Bureau | Nov 25, 2022 | Indian News, Non-Life

New Delhi: In the narrow bylanes of Delhi’s Chandni Chowk, firefighters toiled for hours to douse a blaze that overnight gutted around 100 shops of a wholesale market of electrical and electronic goods.Ignoring the intermittent sounds of blasts and policemen...
Investors richer by over Rs 9 trn in three days of market rally

Investors richer by over Rs 9 trn in three days of market rally

by AIP Online Bureau | Jul 29, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Softening commodity prices, reduced intensity of Foreign Institutional Investors (FIIs) selling and better-than-expected earnings season have led to the recovery in the markets, analysts said Mumbai: Investors’ wealth grew by over Rs 9 trillion in three days of...
Rs 7.73 trn crore of investors’ wealth depleted in two days amid market collapse

Rs 7.73 trn crore of investors’ wealth depleted in two days amid market collapse

by AIP Online Bureau | May 9, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Foreign institutional investors continued their selling spree, offloading shares worth a net Rs 5,517.08 crore on Friday, according to stock exchange data. “There seems to be no respite for the markets from the bear hug as the weak Asian gauges and fall in...

Russia-Ukraine turmoil triggers market stress alarms

by AIP Online Bureau | Mar 5, 2022 | Eco/Invest/Demography, International News, Risk Management

“The market’s liquidity conditions have weakened this week, and were exacerbated overnight after reports of shelling to Europe’s largest nuclear plant in Ukraine,” said ING currency strategist Francesco Pesole LONDON/NEW YORK: Financial...
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