FPIs aggressively selling India stocks, offloaded over Rs 28,000 crore with 10 days to go in May

FPIs aggressively selling India stocks, offloaded over Rs 28,000 crore with 10 days to go in May

New Delhi: The selling spree in Indian stock markets by foreign portfolio investors (FPIs) turned aggressive in May, partly attributable to a strong US dollar, sticky inflation particularly in the food segment, and poll outcome-related anxieties. With over 10 days more to go in May, the latest data from National Securities Depository Limited (NSDL) showed … Read more

Political stability helping drive investments to India: Chip Bergh, CEO, Levi Strauss

Political stability helping drive investments to India: Chip Bergh, CEO, Levi Strauss

New Delhi: Chip Bergh, the global chief executive of denim maker Levi Strauss & Co., said political stability has helped Indians stay optimistic about the future, driving consumer demand as well as investment by multinationals. “Having a stable government has definitely helped,” Bergh told ET in an interview. “It is part of what gives some … Read more