Sandeep Singh

The RBI data shows that the credit demand for services sector jumped 20.7 per cent in April and the demand for personal loans rose 19.1 per cent.

While the net FPI outflow in April stood at Rs 15,561 crore ($2.35 bn) and Rs 29,775 crore ($4.4 bn) in May, the aggregate for the first five months this year amounted to a net outflow of Rs 32,078 crore ($4.4 bn).

With four trading days still to go in this month, as on May 25, FPI’s have pulled out a net of Rs 26,768 crore from the Indian markets (Rs 18,949 crore from the debt market and Rs 7,819 crore from the equity market).

Crude remains an important factor in the recent price hike as Brent crude prices have risen by over 19% from $68 per barrel in end-February to over $80 per barrel now.

For FY18, the Gross Domestic Product (GDP) is estimated to grow at 6.6 per cent, as per the second advance estimate of the Central Statistics Office.

On Thursday, FPIs sold equities worth Rs 830 crore and since April, net outflow has touched Rs 32,668 crore.

The decline in production numbers over these years, which coincided with consecutive years of drought and steeply falling water tables across several parts of the state, led to acute farm distress and protests.

If rupee's weakness was a concern, the recent move by the United States to exit the Iran nuclear deal and a looming threat of US sanctions on Iran is likely to keep oil and gasoline prices higher.

Walmart India had accumulated losses worth Rs 1,874 crore in the period between December 2009 and March 2016. The company entered India in 2007 via a joint venture with Bharti Enterprises.

No need to rush for change in investments for now: Experts

Stating that the Reserve Bank of India should be bold while cutting rates, Rakesh Bharti Mittal said that a 100-basis point cut in interest rates may lead to a rise in investments.

NuPower, promoted by Deepak Kochhar, husband of Chanda Kochhar, between 2010 and 2012 got investments of Rs 325 crore from Mauritius-based Firstland Holdings, a company owned by Nishant Kanodia, son-in-law of Essar Group co-founder Ravi Ruia.

Increase in demand for credit from retail side, jump in off-take from services sector contribute to growth rise.

While a lot will depend on Toyota’s pricing strategy, which it will announce this week, it is expected to come with starting price tag of around Rs 10 lakh.

“At first, the board squarely stood behind Chanda Kochhar but in recent meetings they told us that the organisation was bigger than an individual and that the board is looking into investors’ concerns,” said the CEO of a mutual fund with significant investments in ICICI Bank.

At present, 11 weak PSBs out of the 21 State-owned banks are under the PCA, which kicks in when banks breach regulatory norms on issues such as minimum capital, amount of non-performing assets and return on assets.

According to data released by Association of Mutual Funds in India, while the gross investments into equity schemes of mutual funds stood strong at Rs 39,102 crore in March, the net inflow was Rs 2,954 crore.

It is learnt that the Mumbai SFIO received a complaint relating to ICICI Bank, Videocon Group and their promoters in February 2018.

Avista Advisory, founded by Rajiv Kochhar, who is the brother-in-law of Chanda Kochhar, got the mandate to restructure foreign currency-denominated debt deals worth over $1.7 billion of seven companies over the last six years.