Business Today

November's historic FPI inflows may dwindle soon

After record outlow of Rs 61,973 crore in March, FPIs have returned strongly. They bought equities worth Rs 58,694 crore until November 25, the highest monthly foreign portfolio investment received in history

Apparel sales recover 70% in festive season; outlook for FY21 still grim

While bulk of the festival sales came from tier 2-3-4 markets, tier one and metro markets also did well; the upward trend is threatened by the fresh rise in COVID-19 cases

FPIs pump Rs 58,694 crore in November - highest monthly inflow in history

India remains a preferred choice for FPIs unlike other emerging markets peers. In the past 12 months, the country saw flows of over $13 billion while all other emerging markets witnessed equity outflows

US real GDP growth unrevised at 33.1% in Q3 2020

US real GDP increased at an annual rate of 33.1 per cent (7.4 per cent at a quarterly rate) in the third quarter of 2020, as compared to sharp contraction of 31.4 per cent (9 per cent at a quarterly rate) in the previous quarter

Football legend Diego Maradona dies of cardiac arrest at 60

Argentine President Alberto Fernandez declared three days of national mourning after the news of Maradona's death

economic slowdown

From The Magazine

Rush to Quality

Top BT500 companies grow at a fast pace, while others lag, mirroring trends in broader economy