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FPIs return to Indian equities with Rs 24,454 cr inflow in Dec first week

FPIs return to Indian equities with Rs 24,454 cr inflow in Dec first week

After heavy selling in the past two months, foreign investors have staged a strong comeback to Indian equities with a net investment of Rs 24,454 crore in the first week of December amid stabilising global conditions and expectations of potential US Federal Reserve rate cuts.

This revival follows significant outflows in the preceding months, with foreign portfolio investors (FPIs) pulling out a net Rs 21,612 crore in November and a massive Rs 94,017 crore in October - the worst monthly outflow on record.

Big cheques, big roles: Major Trump donors bag key federal positions

Big cheques, big roles: Major Trump donors bag key federal positions

President-elect Donald Trump’s political operation received an influx of cash in the campaign’s final days from wealthy donors propping up a bid that had far less money on hand than Democratic rival Kamala Harris.

Just weeks later, many of those donors have been named to prominent roles in Trump’s new administration.

Allu Arjun announces Rs 25 lakh donation to family of woman killed at Pushpa 2 stampede, says 'we will also cover...'

Allu Arjun announces Rs 25 lakh donation to family of woman killed at Pushpa 2 stampede, says 'we will also cover...'

Allu Arjun on Friday responded to the death of a woman during the stampede that broke out at Pushpa 2 premiere at Hyderabad on December 4, 2024. The actor took X to share a 3-minute, 47-second video in which he promised to extend every possible assistance to the victim’s family. He offered Rs 25 lakh and assured to cover the family's medical expenses and other necessities in the future while expressing his grief.

Committed to providing school education to every section, says PM Modi

Committed to providing school education to every section, says PM Modi

After the Union Cabinet approved the establishment of 28 new Navodaya Vidyalayas (NVs) across India, Prime Minister Narendra Modi on Saturday said that the government is committed to providing school education to every section of the society in accordance with the National Education Policy.

"We are committed to providing school education to every section of the society in accordance with the National Education Policy. In this regard, our government has approved 28 new Navodaya Vidyalayas across the country. This will expand residential and quality school education on a large scale," PM Modi posted on X.

AAP announces women's honorarium in Delhi; finance dept cites budget issues

AAP announces women's honorarium in Delhi; finance dept cites budget issues

AAP government's plan to provide a monthly honorarium of Rs 1000 to eligible women in Delhi before the upcoming Assembly polls, seems to have hit the bureaucratic logjam with the Finance department flagging budgetary constraints, officials said on Friday.

The Mukhya Mantri Mahila Samman Yojna of the AAP government was announced in the budget 2024-25 for providing Rs 1000 to each of the eligible women in Delhi per month.

USDA orders nationwide testing of milk supply for bird flu to halt virus

USDA orders nationwide testing of milk supply for bird flu to halt virus

The US government on Friday ordered testing of the nation's milk supply for bird flu to better monitor the spread of the virus in dairy cows.

Raw or unpasteurised milk from dairy farms and processors nationwide must be tested on request starting December 16, the Agriculture Department said. Testing will begin in six states California, Colorado, Michigan, Mississippi, Oregon and Pennsylvania.

Delhi's air in 'poor' category with AQI of 219, smog covers key NCR areas

Delhi's air in 'poor' category with AQI of 219, smog covers key NCR areas

Delhi's air quality dropped to the "poor" category on Saturday, with the air quality index (AQI) recorded at 219, according to Central Pollution Control Board (CPCB) data at 8 am. A thin layer of smog enveloped parts of Delhi-NCR, including prominent landmarks like India Gate and Barapulla.

On Friday (December 6), the AQI rose to 186 at 8 am, up from 161 on Thursday, remaining within the “moderate” category for the third straight day, according to CPCB data.

BJP-RSS 'biggest tukde-tukde gang': Cong slams traitor jibe at Rahul

BJP-RSS 'biggest tukde-tukde gang': Cong slams traitor jibe at Rahul

The Congress on Friday slammed the BJP for acussing Rahul Gandhi of conspiring to destabilise India and calling him a traitor, saying the truth is that BJP-RSS is the "biggest tukde-tukde" gang of this country and is spreading the "poison of communalism".

The opposition party said the truth is that the work of destabilising the economy is being done by the people of BJP.

Paytm to sell Japan's PayPay stake to SoftBank for $250 mn to boost capital

Paytm to sell Japan's PayPay stake to SoftBank for $250 mn to boost capital

One97 Communications, the parent company of Paytm, is close to finalising a $250 million (approximately Rs 2,000 crore) deal to sell its stake in Japan’s digital payments company, PayPay Corporation, to SoftBank Group, according to a Moneycontrol report.

The sale is part of Paytm’s broader strategy to offload non-core assets and strengthen its capital base, enabling a sharper focus on its core payments business after a challenging year.

World's richest man Elon Musk is now America's biggest political donor

World's richest man Elon Musk is now America's biggest political donor

Elon Musk poured at least $274 million into political groups in 2024, fueling a spending spree that helped Donald Trump win the presidency, and securing a new title for himself: the most prolific donor of the election cycle.

His total puts him far ahead of the second-biggest donor, investor Timothy Mellon, who has given $197 million mainly to Republicans, according to contributors tracked by OpenSecrets.

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