Foreign investors pull out over Rs 28,000 crore from equities so far in May
This owes it to uncertainties about the outcome of the general elections and attractive valuations of Chinese markets.
This owes it to uncertainties about the outcome of the general elections and attractive valuations of Chinese markets.
In his keynote address, M. Rajeshwar Rao highlighted that sound governance provides a strong foundation for the ARCs to build a robust business model.
The Securities and Exchange Board of India (SEBI) has proposed allowing Indian mutual funds to invest in overseas mutual funds or unit trusts that in turn invest a portion of their funds in Indian securities.
Sensex opened higher at 73,711.31, and closed 253.31 points, or 0.34%, at 73,917.03. Nifty 50 opened higher at 22,415.25, and closed up 62.25 points, or 0.28%, at 22,466.10.
India equity indices were in red on Friday following muted global cues.
Alternatively, the tariff increase required to offset such a module price increase is estimated at about 20-22 paise per unit.
The credit portfolio has been resilient, and in February 2021, growth stood at eight per cent year-on-year for the portfolio of key products, lower than the 13 per cent observed for March 2020.
Going forward, the bulletin's article on 'State of the Economy' cited that speed and scale of vaccination will shape the path of recovery.
The risk of further waves of infection remains significant in markets with slow roll-outs of vaccination, including India, but healthcare systems are better prepared after the second wave, which should limit the impact.
The plants are expected to be installed and ready for use in 3-6 months and will continue to be supported for about three years, he added.