Search Results for: FDI inflows

An employee counts rupee notes at a cash counter inside a bank in Kolkata.

Rupee Falls Flat due to Forthcoming CPI and IIP Release

Rupee declined at early trade on Wednesday at 59.32 per dollar against previous day's closing value of 59.29 a dollar. The fall can be attributed to increased demand for American currency at Interbank Foreign Exchange market and absence of major inflows. Jun 11, 2014
A customer hands a bundle of Indian Rupee currency notes to a teller at a financial institution in Mumbai (Reuters)

Rupee Hits Near 10-month High, Biggest Gain in Three Weeks

The rupee strengthened to its highest level in about 10 months on Thursday, while also posting its biggest single-day gain in nearly three weeks on the back of sustained dollar inflows into domestic shares ahead of election results. May 15, 2014
political-turmoil-reason-behind-economic-slowdown-in-bangladesh

Political turmoil reason behind economic slowdown in Bangladesh

Dhaka, May 1 (ANI): Experts blamed political unrest and uncertainty surrounding elections held in January for economic slowdown in Bangladesh. As predicted by International Monetary Fund (IMF), Gross Domestic Product (GDP) of Bangladesh this year is to be a little over five percent, lower than the six percent GDP last year. Apart from the political instability, investment stagnation and reduced remittance inflows are also quoted as major cause of slowdown. As per Bangladesh Bank, remittance flow has dipped by seven percent in the initial eight months of this fiscal year. The country went through a period of nationwide protests and turbulence during the elections that took place on January 05, 2014. But one of the blows that the youth faces due to the slowdown is the growing unemployment. Executive Chairman of PPRC, Hossain Zillur Rahman said Bangladesh cannot expect a vibrant economy below eight percent GDP. Therefore, to recover from the slowdown and battle chronic poverty, country's government needs to encourage investment and develop business confidence among other solutions. May 1, 2014
sensex-hits-all-time-high-for-third-session-market-expert-says-political-scenario-responsible

Sensex hits all time high for third session, market expert says political scenario responsible

Mumbai, March 31 (ANI): The Sensex hits fresh all time high for a third consecutive session on the back of strong dollar inflows and positive neighboring countries. Reacting on the same, Market Expert Sunil Shah said that the political scenario in the country and the expectations from the apparent upcoming NDA government post general elections. Shah said that FII is providing liquidity and a major amount of money is coming out from Russia which is finding its destination in India because of similar expectations by the next government. Mar 31, 2014
sensex-hits-all-time-high-of-22000-market-expert-gives-credit-to-fii-inflows

Sensex hits all time high of 22000, Market Expert gives credit to FII inflows

Mumbai, March 10 (ANI): BSE Sensex hit a fresh all-time high and breached 22,000 mark on the back of strong foreign inflows from Foreign Institutional Investors (FII), said Market Expert Sunil Shah. Shah said that the FII investment comes as they think that India will outperform than other markets. He said that this comes in the backdrop of the ongoing wave in India that NDA will come to power after upcoming polls and Narendra Modi is considered as a investor-friendly and industry-friendly person. Further, Shah also cautioned the investors before investing high amounts in the market. Mar 11, 2014
sensex-hits-all-time-high-of-20000-market-expert-gives-credit-to-fii-inflows

Sensex hits all time high of 20000, Market Expert gives credit to FII inflows

Mumbai, March 10 (ANI): BSE Sensex hit a fresh all-time high and breached 22,000 mark on the back of strong foreign inflows from Foreign Institutional Investors (FII), said Market Expert Sunil Shah. Shah said that the FII investment comes as they think that India will outperform than other markets. He said that this comes in the backdrop of the ongoing wave in India that NDA will come to power after upcoming polls and Narendra Modi is considered as a investor-friendly and industry-friendly person. Further, Shah also cautioned the investors before investing high amounts in the market. Mar 10, 2014
sensex-hits-all-time-high

Sensex hits all-time high

New Delhi, Nov 01 (ANI): The Sensex has hit all-time high after five years and ten months on Friday. The stock index surged to an all-time high just after the opening bell, smashing its earlier record of 21,206 which was set in January 2008. After breaking its 2008 record, the Sensex kept going up, setting a new all-time high record of 21,279.92, up nearly 115 points. At its day's high, Nifty hit 6,329, nearly 30 points away from its record high of 6,357.10. Sustained inflows from foreign investors have been the biggest driver for the Sensex, which gained over 9 percent in the past month. Overseas investors have pumped in close to Rs. 18,000 crore in the past 20 sessions. Nov 1, 2013
sensex-hits-21000-mark-for-first-time-in-nearly-3-years

Sensex hits 21,000-mark for first time in nearly 3 years

New Delhi, Oct 24 (ANI): The BSE sensex on Thursday crossed the 21,000-mark for first time since November 2010 because of foreign fund inflows. The 30-share BSE Sensex is now just around 100 points away from a record high of 21,108.64 points it reached on 5 November 2010. The broader Nifty gained more than 1 per cent to 6,243.90. The 30-share index, which had lost over 126 points in the previous two sessions, was trading at 21,013.59 at 9.50am with realty, metal and oil and gas sector stocks leading the recovery. Oct 24, 2013
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