FPIs turn buyers for second straight month, invest Rs 30,919 cr in August

During August, foreign portfolio investors added over Rs 30,000 crore to Indian equities, showcasing the ongoing trend of substantial market inflows for the second month in a row. This surge can be attributed to enhancing corporate earnings and a stable economic environment. Furthermore, easing global geopolitical tensions have aided investor optimism, yet uncertainties surrounding crude…

India’s aviation boom faces turbulence amid safety concerns

India’s airline sector faces significant safety and financial challenges. Recent incidents have exposed regulatory and operational shortcomings at major carriers. Geopolitical events and rising fuel costs have further strained airline finances. These issues impact expansion plans and the industry’s global reputation. The market’s duopoly complicates efforts to address these systemic problems.

Tata Motors sees strong electric CV demand, expects China cell supply bottleneck to ease by quarter-end

Tata Motors expects strong demand for its electric commercial vehicles to continue growing. The company anticipates resolving battery cell supply issues by the quarter’s end. Significant electric commercial vehicle orders were secured in the first quarter. Further opportunities are expected from the government’s PM-eBus Sewa program. Total cost of ownership parity supports the growing demand…

Weather tomorrow: IMD warns of heavy to very heavy rain several states; thunderstorms likely in many areas

Heavy to very heavy rainfall is forecast for isolated places across seven Indian states on Monday. Thunderstorms accompanied by lightning and gusty winds are expected in eastern and central regions. Northern states like Uttarakhand and Himachal Pradesh will also experience significant rainfall. Northeastern states are predicted to remain wet with thunderstorms and lightning. Widespread rainfall…