Business Economy


Foreign investors continue exit, withdraw over Rs 27,000 cr in May

New Delhi, May 17 (UNI) Foreign investors continued to take exit from the Indian equities as they withdrew Rs 27,048 crore so far this month. As per the data from NSDL, the total outflows by Foreign Portfolio Investors (FPIs) from the equity market have reached Rs 2.2 trillion in 2026. This is higher than the Rs 1.66 trillion pulled out during the entire 2025.
The foreign investors' mood indicates cautiousness among global investors amid an evolving global macroeconomic and geopolitical environment.
FPIs were net sellers in all months of 2026, except February, as they withdrew Rs 35,962 crore in January before turning net buyers in February, when they invested Rs 22,615 crore, the highest monthly inflow in 17 months.
The total buying investment through the primary market, so far in 2026, stands at Rs 12468 crores.
Experts suggest that as long as the FPIs continue to sell and the crude price remains elevated, the rupee is likely to weaken further.
Indian Rupee has declined nearly 7 percent against the US dollar so far this year. On Friday, the currency breached the 96 per dollar mark for the first time.
According to an SBI Research report, even an additional depreciation of Rs 2 in the rupee, from the FY27 current average at Rs 94, raises the effective crude oil price, pushing the landed import cost, which fully offsets the gains from the current fuel price hike.
“We calculate the threshold level of rupee depreciation beyond which the gains accruing to OMCs from the recent Rs 3 per litre fuel price increase are effectively neutralized by the rising cost of crude oil imports,” is said.
Brent Crude has also been under pressure, hovering around USD 107 per bbl.
UNI VK SAS RSA
More News

Tata Steel UK targets restart of hot strip mill after fire

06 Jun 2026 | 7:16 PM

Mumbai, Jun 6 (UNI) Tata Steel has officially informed the stock exchange that it plans to restart the Hot Strip Mill at its Pickle Line facility at its Port Talbot site in Wales, by the middle of next week, after a fire incident earlier this week.

see more..

Industrial policy regains spotlight, design and governance to determine success: IMF

06 Jun 2026 | 7:12 PM

New Delhi, June 6 (UNI) Governments across the world are increasingly turning to industrial policy to strengthen strategic sectors, secure supply chains and boost economic resilience in the face of geopolitical and economic shocks, but the success of such interventions remains far from guaranteed, according to the International Monetary Fund (IMF).

see more..

G Square Group launches 'Kshetra’ as North Chennai emerges as next growth, connectivity corridor

06 Jun 2026 | 6:01 PM

Chennai, June 6 (UNI): G Square Group, India’s largest plotted developer, on Saturday launched 'G Square Kshetra', a large-scale premium residential plotted development located in Karanodai, close to Red Hills.in North Chennai, which has emerged as the next growth and connectivity corridor.

see more..

Govt expands G-Sec reforms to attract foreign capital, deepen bond market

06 Jun 2026 | 5:46 PM

By Sourav Shekhar
New Delhi, Jun 6 (UNI) The Government has unveiled a series of reforms aimed at significantly increasing foreign participation in India's government securities (G-Sec) market- a move expected to deepen domestic debt markets, attract long-term capital and strengthen the country's position as a preferred global investment destination.

see more..

India’s GDP growth rises to 7 7 pc in FY26: SBI Research

06 Jun 2026 | 3:41 PM

New Delhi, June 6 (UNI) India's economy delivered a stronger-than-expected performance in the fourth quarter of FY26, helping annual GDP growth accelerate to 7.7 per cent and reinforcing the country's position as the world's fastest-growing major economy, according to a report by SBI Research on Saturday.

see more..