Market

Chief minister Arvind Kejriwal on Saturday while on a visit to his assembly constituency asked the New Delhi Municipal Council (NDMC) to look into the foul stench from a compost pit in central Delhi’s Gol Market, pointed out by residents, by August 20. … [Read more...] about Delhi CM Kejriwal asks NDMC to fix stench from compost pit in Gol Market area

Aramco’s gearing ratio was 20.1% at the end of June, mainly reflecting the deferred consideration for the acquisition of Saudi Basic Industries Corp and the consolidation of SABIC’s net debt on to Aramco’s balance sheet.($1 = 3.7501 riyals) … [Read more...] about Saudi Aramco’s profit plunges, sees signs of oil market recovery

The China Bulk Merchandise Index, a gauge of domestic bulk commodity market growth, stood above the boom-or-bust line of 100 percent at 104.8 percent in July, down 0.4 percentage points compared with June, according to the China Federation of Logistics and Purchasing. … [Read more...] about China’s bulk commodity market growth slows in July

To further boost domestic consumption, more efforts should be made to upgrade the consumption of urban residents, expand the coverage of e-commerce in rural areas and develop service consumption such as catering and housekeeping, according to Zhong. Enditem … [Read more...] about Interview: Smart investors won’t abandon Chinese market: Commerce Minister

foreign portfolio investors (FPIs) pumped in a net Rs 21,235 crore in domestic markets amid increasing liquidity and gradual opening up of economy.According to data from depositories, FPIs invested Rs 22,893 crore into equities but pulled out Rs 1,658 crore from the debt segment, taking the total net investment to Rs 21,235 crore between June 1 and June 26.Prior to this, foreign investors remained net sellers for three consecutive months. They pulled out a net Rs 7,366 crore in May, Rs 15,403 crore in April and a record Rs 1.1 lakh crore in March."FPIs are increasing their investments in small- and mid-cap stocks that they were already investing in for over a year now," said Harsh Jain, co-founder and chief operating officer at Groww, said.India has emerged as the best-performing equity market in the past three months and this is certainly adding to India's appeal as an investment destination, he added.He further said India has done well in contact-tracing of patients, which is helping … [Read more...] about FPIs turn net buyers in June, invest Rs 21,235 crore