Markets off intra-day lows. Nifty above 22,900, Sensex down 95 points
Indian equity indices opened Monday’s trading session on a lower note but later came off intra-day lows. The NSE Nifty 50 was trading 15 points, or 0.08%, lower at 22,914, while the BSE Sensex recouped from the day’s low trading down 95 points, or 0.12%, at 75,844.
When will FII selling stop? Analysts say reversal only if…
The relentless FII selling in India continues. If we now take a stock of the total selling since September 2024, it has breached Rs 3 lakh crore. In fact, for 2025 alone, foreign institutional investors have already sold over Rs 1 lakh crore. After the massive Rs 87,000 crore selloff in January, the FII selling in February so far is Rs 29,183.43 crore. The question that bothers many at this stage is when will this relentless selling by FPIs stop”
Growing hospitality: What’s driving higher room rates for the hotel industry?
The hospitality industry is expected to grow by 7-9 per cent in FY25 and 6-8 per cent in FY26, over the high base of FY24, stated a report by ICRA. Further, pan-India premium hotel occupancy is estimated to improve to approximately 72-74 per cent in FY26 from around 70-72 per cent in FY25. The average room rates (ARRs) for premium hotels are projected to rise to Rs 7,800-8,000 for full-year FY2025 (up 8 per cent YoY) and subsequently improve further to Rs 8,000-8,400 in FY2026.?
From PPF to ELSS, best tax saving options for FY2024-25
Tax saving is very important to maximise your returns and grow your income without being affected by too many tax liabilities. Without efficient tax savings, it will not be easy for you to achieve your financial goals.
India’s January merchandise trade deficit at $22.99 billion
India’s merchandise trade deficit in January stood at $22.99 billion, according to a Reuters calculation based on export and import data released by the government on Monday. Economists had expected the January trade deficit to be $22.35 billion, according to a Reuters poll.
Will ‘giant-killer’ Parvesh Verma become Delhi CM? 3 factors that work in his favour
The Bharatiya Janata Party (BJP) is set to hold a legislative party meeting on February 19th where the next Chief Minister of Delhi will be decided. All 48 newly elected BJP MLAs will meet at the Delhi BJP office to choose their next leader, who will then take oath as the new chief minister of the National Capital on February 20.
Saudi Arabia to host talks on ending Russia-Ukraine War; Ukraine not invited
In an important diplomatic development, Saudi Arabia is set to host US-Russia talks aimed at negotiating an end to the ongoing war in Ukraine, a conflict that has been going on for three years.
Xiaomi 15 India launch on March 2: Price, specs and more
Xiaomi will launch its highly anticipated Xiaomi 15 series in India on March 2, 2015, it confirmed. The announcement came through Xiaomi India’s social media channels, where they urged fans to “Mark your calendars for March 2nd” and prepare to witness “#TheNextPinnacle” in smartphone technology. The launch event is expected to unveil two flagship models: the Xiaomi 15 and the bigger Xiaomi 15 Ultra.?
GBS Outbreak: Andhra Pradesh reports two deaths, cases rise to 17
GBS outbreak: As Maharashtra continues to grapple with Guillain – Barre Syndrome (GBS), Andhra Pradesh has reported two deaths after a 45-year-old woman and a minor boy have succumbed to the neurological disorder.
New stricter Fastag rules: Are you ready for 3 major changes?
National Payments Corporation of India and the Ministry of Road Transport and Highways have rolled out stricter guidelines and updates for FASTag. The new rules include penalties, updates in the Chargeback process and even a cooling period, which comes into effect from February 17, 2025. The aim is to provide an efficient and stress-free experience at the toll booths.
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