After getting FPI ‘Visa’ for D-Street, Russians move to open GIFT shops

December 4, 2023

Just a few months after half a dozen Russian institutions were permitted by the Indian capital market regulator to trade as foreign portfolio investors (FPIs) on local stock exchanges, three Russian entities are learnt to have applied for different licences with the GIFT City authorities.

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Stronger bond yields, a rising US dollar, and risk-on sentiment in equities may lead to a short-term retracement in gold prices, according to the World

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Vodafone UK reports 28% rise in H1 FY25 operating profit, driven by Indus Towers stake sale

Vodafone Group’s operating profit for H1 FY25 rose 28%, largely due to a €0.7 billion gain from selling an 18% stake in Indus Towers. The

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