New Delhi: Markets regulator Sebi on Tuesday proposed to simplify rules and ease regulatory compliance for FPIs that invest exclusively in Indian government bonds (IGBs) via the voluntary retention route (VRR) and fully accessible route (FAR). The move is aimed at attracting more long-term bond investors to India. Currently, foreign investors can invest in Indian debt … Read more
Microsoft is letting go of about 6,000 employees, which is around 3 per cent of its total workforce. The layoffs are happening across different teams, levels, and countries. This is one of the largest rounds of job cuts by the company since it cut 10,000 jobs in 2023. Despite this, Microsoft recently posted strong earnings … Read more
The average monthly salary for contractual employees in India’s telecom sector went up from Rs 24,609 in FY22 to Rs 25,225 in FY25, reflecting steady efforts to offer competitive compensation, a report showed on Wednesday. The Indian telecom industry experienced a moderation in contractual workforce expansion in 2025 while continuing to invest in young talent … Read more
Shares of Raymond, a leading player in India’s textile and apparel industry, have plummeted over 64% today. However, the decline wasn’t due to any bad news, but rather a technical adjustment related to the demerger of its real estate arm, Raymond Realty. As of 11:20am IST, the stock was trading at ₹551.20, down from its … Read more
bought stocks worth Rs 17,000 crore in the Indian secondary market. Fund managers adjust their holdings monthly by adding or exiting stocks as part of active portfolio management. Here are the large, mid, and smallcap stocks that mutual funds bought and sold in April, according to the Mutual Fund Insights report by Nuvama Alternative & … Read more
Mumbai: Bharat Dynamics Limited (BDL) hit a new high of Rs 1,821.95 on Wednesday. The stock rose 4 per cent in one day and has jumped 27 per cent in the last week alone. From its March 2025 low of Rs 908.90, the stock has doubled in value. This sharp rise comes as the broader market … Read more
India’s annual rate of inflation based on the Wholesale Price Index (WPI) slowed to a 13-month low of 0.85 per cent in April, down from 2.05 per cent in March and 2.38 per cent in February, according to data released by the Ministry of Commerce and Industry on Wednesday. The month-over-month change in WPI for … Read more
Indian buyers are driven by favorable currency exchange rates, stable rental yields, and long-term family planning. They are showing interest in the UK property market, particularly in London, said Tom Jewell, Founder of Source Property Investments and a former professional cricketer. London-based property investment firm has launched its residential project—Halo—in India before introducing it to … Read more
India’s wholesale inflation rate for April has hit a 13-month low, partially due to moderating food prices. According to government data released today, the year-on-year wholesale inflation rate stood at 0.85% in April, down from March’s 2.05%. It is also lower than the estimated 1.76% predicted by economists in a Reuters poll and the slowest … Read more
New Delhi: Wholesale price inflation dropped to 0.85 per cent in April as prices of food articles, manufactured products, and fuel eased, government data showed on Wednesday. WPI-based inflation was 2.05 per cent in March. It was 1.19 per cent in April last year. ” Positive rate of inflation in April, 2025 is primarily due to … Read more