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Indian Economy

India’s economy grows 7.8% in Q1 despite Iran war fears

New Delhi: India's economy grew at a faster-than-expected 7.8 per cent in the April-June quarter, showing resilience in the face of concerns that the war in Iran and resulting global economic uncertainty could weigh on growth. Gross domestic product (GDP) growth in the first quarter...

Defence gear

Govt considering easing FDI norms in defence sector, says official

New Delhi: The government is considering liberalisation of foreign direct investment (FDI) norms in the defence sector to further attract overseas investors, an official said Monday. The Department for Promotion of Industry and Internal Trade is holding stakeholder consultations on the subject. "Some easing in...

PFI in Indian equity market

FPIs turn buyers for second month, invest Rs 30,919 cr in August

New Delhi: Foreign portfolio investors (FPIs) infused Rs 30,919 crore in Indian equities in August, extending their buying streak to a second straight month, amid improving corporate earnings, resilient economic activity, stable rupee and easing geopolitical concerns. The inflow follows Rs 20,200 crore invested in...

 

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