Business

As per latest depositories data, FPIs invested a net Rs 13,304 crore in equities and withdrew a net Rs 11,680 crore from the debt segment between January 1-24. This translates into a total net inflow of Rs 1,624 crore.

The first full-year Budget of the current government will focus on reviving consumption demand through base-level income tax cuts, interest subvention for small and medium businesses and housing, Bank of America Securities said.

Provisions for bad loans rose 47 per cent to Rs 6,621 crore from Rs 4,505 crore last year. Total provisions increased by 54 per cent to Rs 6,365 crore as against Rs 4,133 crore.

In his main petition, BJP leader Subramanian Swamy has contended that the flying rights granted to the carrier were in violation of the government's policy on foreign investment.

The tenure of A D M Chavali would be up to August 20, 2021, the order issued by the Central Vigilance Commission (CVC) said.

At 12:28 pm, the benchmark S&P BSE Sensex was up 136.13 points, or 0.33%, to 41,522.53, while the Nifty 50 index rose 48.80 points, or 0.4%, to 12,229.15.

The 30-share BSE index was trading 233.92 points or 0.57 per cent higher at 41,349.30. Similarly, the broader NSE was trading 60.80 points, or 0.50 per cent, up at 12,167.70.

The 30-share BSE index settled 208.43 points, or 0.50 per cent, lower at 41,115.38. It hit an intra-day high of 41,532.29 and a low of 41,059.04.

Passengers flying in from the neighbouring country as well as Hong Kong will be screened for the mystery virus at Chennai, Bengaluru, Hyderabad, Cochin, Delhi, Mumbai and Kolkata airports.

After trading on a volatile note, the 30-share BSE index settled 205.10 points, or 0.49 per cent, lower at 41,323.81.

Mahindra First Choice Wheels Ltd (MFCWL), a subsidiary of the company, has signed a share purchase agreement to acquire fully Fifth Gear Ventures Limited (FGVL), in one or more tranches, M&M said in a regulatory filing.

The commerce ministry's investigation arm DGTR has initiated a probe into an alleged dumping of Dimethyl Formamide from these two countries following a complaint filed by Balaji Amines Ltd on behalf of domestic industry.

With these two FCs, Flipkart now has 12 assets in Haryana, including supply chain infrastructure for large appliances, non-large (including mobiles, apparel), grocery and furniture, taking the total asset capacity in the state to over 20 lakh sq ft.

The Telecom Regulatory Authority of India (TRAI), which notified the amendments on January 1, had come in for criticism from the broadcasters as well as cable operators.

Forex traders said easing crude prices, weakening of the American currency and foreign fund inflows strengthened investor sentiments.

SoftBank is, in fact, getting squeezed by a sell-off in many of its listed bets which has put a spotlight on founder Masayoshi Son's strategy of pouring billions of dollars into unproven, money-losing startups.