Monday, October 26
Foreign Portfolio Investors (FPIs) are net sellers of Indian equities, selling shares worth Rs 4,285 crore over the first three days in January.This early trend is a departure from December 2024 when foreign institutional investors (FIIs) ended up as net buyers at Rs 15,446 crore. For the full year ended December 31, they bought equities worth just Rs 427 crore. This was on account of massive selling by FIIs in just two months of October and November when they net sold domestic equities amounting to Rs 115,629 crore.Over the last 10 years, FIIs have been net sellers six times in January with the highest selling in 2022 at Rs 33,303 crore. <iframe title="FII trends of last 10 years in Jan" aria-label="Bar Chart" id="datawrapper-chart-Ub1Sy" src="https://et-infographics.indiatimes.com/
Bangladesh's Chief Election Commissioner (CEC) AMM Nasir Uddin on Sunday said that almost 180 million people have been denied their voting rights and the Election Commission wants to end their deprivation, The Dhaka Tribune newspaper reported. The CEC, while addressing the inaugural ceremony of a training programme for election officers ahead of a voter list updating exercise, said the Election Commission (EC) wants to remove the fact that the people have been deprived of the voting right for so long. "We want to remove the pain of their deprivation. We are steadfast in our commitment," he said. The countrywide door-to-door data collection for updating the list of possible voters will start on January 20. The CEC said they are here to hear the 180 million people who have been suffering
Bihar Chief Minister Nitish Kumar on Sunday snubbed the RJD, headed by his arch-rival Lalu Prasad, stating that he had forged alliances "by mistake" with the opposition party which "did nothing" while in power. The JD(U) supremo made the remark days after Prasad, a former CM himself, had claimed that the RJD was keeping its "doors open" for the former ally, who is now back in the BJP-led NDA. Talking to reporters in the north Bihar district of Muzaffarpur, as part of a state-wide Pragati Yatra, Kumar said, "Those who were in power before us... did they do anything? People used to fear stepping out of their homes after sunset. I had by mistake ('galti se') aligned with them a couple of times." "What was the condition of women back then? Today you can see these self-help groups, which we gav
Donald Trump on Saturday named Stanley Woodward, an attorney who has defended several of the incoming president's top aides and associates as well as people charged in the Jan. 6, 2021 attack, to join his White House legal team. Trump's transition team said in a statement that Woodward would serve as an assistant to the president and a senior counselor, and would work closely with Trump's White House chief of staff, previously named as Susie Wiles. Trump last month tapped David Warrington as his top lawyer leading the White House legal team, reversing course on his earlier pick of William McGinley, who moved to work with an outside group led by billionaire Elon Musk and entrepreneur Vivek Ramaswamy. Trump is scheduled to take office on Jan. 20. Woodward, based in Washington, has represente
National Highways Authority of India (NHAI) has pre-paid loans of worth Rs 56,000 crore during the current fiscal, helping the state-owned agency to save interest cost of around Rs 1,200 crore, a senior government official said on Sunday. The official told PTI that NHAI's total debt at the beginning of the current fiscal year was pegged at Rs 3.35 lakh crore, which stood at about Rs 2.76 lakh crore at the end of third quarter of 2024-25 fiscal year. He further said that around Rs 15,700 crore has been pre-paid from the InvIT monetisation proceeds, while Rs 40,000 crore prepayment of loan has been made to National Small Saving Fund (Rs 30,000 crore) and State Bank of India (Rs 10,000 crore), which charge high interest rates. "NHAI is successfully reducing its debt liability," the officia
