Entertainment
‘Virat Kohli Stand’ at Kotla soon, says DDCA
In recognition of Virat Kohli’s phenomenal success in international cricket, the DDCA has decided to name one stand at the Feroz Shah Kotla Stadium at New Delhi after the India captain. Bishan Singh Bedi and Mohinder Amarnath are the two other Delhi players who have stands after their names but the honour came their way […]
This week update
Foreign investors pull out ₹8,319 crore in August amid persisting negative sentiment
Foreign investors pulled out ₹8,319 crore on a net basis from capital markets in the first half of August, continuing their selling spree in the Indian market amid uncertainty over FPI tax and global trade worries. According to the depository data, foreign portfolio investors (FPIs) sold equities worth ₹10,416.25 crore on a net basis during […]
Consumer durables, services segments drag loan growth
Growth in bank credit moderated during the first quarter of the current financial year following a slowdown in the services sector while loans for consumer durables contracted significantly. According to the latest data from the Reserve Bank of India (RBI) on the sector-wise deployment of bank loans, there was a 71.5% year-on-year contraction in the […]
Recession fears highest since 2011, says BofAML survey
The quantum of global fund managers who think that there is a likelihood of a recession in the next 12 months, is the highest since 2011, as per the latest Global Fund Manager Survey by Bank of America Merrill Lynch (BofAML). As per the findings of the survey, a record 50% of fund managers surveyed […]