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Foreign Investors Reverse Course, Pump Over ₹25,000 Crore In December Alone
FPIs have now invested ₹26,505 crore into the Indian equity markets in just six trading sessions of this month on the bet that next year's elections will bring back the BJP in a comfortable majority and thus ensure continuity.
RBI Leaves Rates Unchanged, Raises GDP Projection To 7%
The Reserve Bank of India's Monetary Policy Committee (RBI MPC) kept the repo rate unchanged at 6.5 per cent for the fifth time in a row on Friday. In its bi-annual policy announcement, RBI Governor Shaktikanta Das said the decision was unanimous
Oil Falls To 5 Month Low Despite Threats Of Supply Cuts
Oil fell for a fifth session, touching the lowest since early July - as a flood of US exports and doubts over whether OPEC+ will be able to deliver on its planned production cuts raised concerns about oversupply, Bloomberg reported
Stock Markets Continue To Hit Record Highs On Political Continuity
Adani Group stocks continue to rule the bourses, having recovered substantial parts of the losses incurred on the selling pressures they saw in January after a short seller alleged that the Group was buying its own stock and rigging its books.
Stock Markets Hit Record Highs On BJP's Election Wins
The markets are betting on continuity in the 2024 general elections. The belief is that competitive populism will now slow down which in turn means good news for the economy.
Stock Markets Set To Continue Solid Run On Election Results
Back home, the markets will welcome the BJP's win in the states of Madhya Pradesh where it has returned and Rajasthan and Chattisgarh where it has defeated the incumbent
'Taxing Foreign Travel Won't Promote Domestic Tourism': Travel Body Head Jyoti Mayal
For The Core Report: Weekend Edition, financial journalist Govindraj Ethiraj spoke to Mayal to understand the trends seen in 2023 for both international and domestic travel and how it would pan out in 2024.
India's GDP Comes In At A Surprise 7.6% For Q2
India's GDP clocked a growth of 7.6% in the second quarter (July-September) surpassing analyst and Reserve Bank's MPC expectations but slowing as compared to the previous quarter data released by the National Statistical Office (NSO)
Host
Govindraj Ethiraj
Govindraj Ethiraj is a television & print journalist and also founder of IndiaSpend.org & Boomlive.in, data journalism and fact check initiatives. He very recently launched a business news initiative, www.thecore.in as Editor. Previously, he was Founder-Editor in Chief of Bloomberg TV India, a 24-hours business news service launched out of Mumbai in 2008. Prior to setting up Bloomberg TV India, he worked with Business Standard newspaper as Editor (New Media) with a specific mandate of integrating the newspaper’s news operations with its digital or web platform. He also spent around five years each with CNBC-TV18 & The Economic Times. He is a Fellow of The Aspen Institute, Colorado, a McNulty Prize Laureate 2018 & a winner of the BMW Foundation Responsible Leadership Awards for 2014.
