economy

Foreign investor activity, news on the trade front, and WPI inflation data are set to influence stock markets the most in the coming week, say analysts

The Foreign Exchange Regulation Act (FERA), an Indian law enacted in 1973 to regulate foreign exchange and securities, was repealed and replaced by the Foreign Exchange Management Act (FEMA) of 1999, which took effect on June 1, 2000 and is a more liberal framework with less stringent restrictions compared to the original FERA

The gems and jewellery exports sector, one of the worst hit by US tariffs imposed on Indian goods shipped to the US, has seen an encouraging 19.64 per cent growth in November as compared to the same month last year, said Gem and Jewellery Export Promotion Council (GJEPC)

Eight of the top-10 most-valued firms saw their market valuation erode by ₹79,129 crore last week

After a net withdrawal of ₹3,765 crore in November, foreign investors pulled out ₹17,955 crore (USD 2 billion) from Indian equities in the first two weeks of this month

A parliamentary panel has suggested easing the process of issuing clearances to underground coal mining projects that have low environmental impact

Industry body, Indian Primary Copper Producers Association (IPCPA), has sought immediate government intervention in restricting cheap copper imports under numerous free trade agreements (FTAs) with other countries that are damaging domestic players’ profits

The Committee on Public Undertakings, in its report presented in Parliament last week, pointed out that India fulfils nearly 89 per cent of its crude oil needs through imports.

The positive momentum in equity flows also boosted the broader industry’s asset base with total assets under management (AUM) rising to ₹80.80 lakh crore, up from ₹79.87 lakh crore in October

The development emerged after US special envoy for Belarus, John Coale, met the country’s authoritarian leader, Alexander Lukashenko, for talks in Minsk on Friday and Saturday

The IPO is a combination of a fresh issue of equity shares aggregating up to ₹1,100 crore along with an offer for sale of ₹1,242.3 crore by the selling shareholders, according to the updated draft red herring prospectus (UDRHP)

The Central Board of Direct Taxes’ (CBDT) data analytics indicated that many taxpayers are suspected to have claimed deductions for donations made to suspicious entities or have not provided relevant information to ascertain the genuineness of the entities