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Flash News
Future of work: Zoho’s Sridhar Vembu says AI job loss isn’t the threat—economic distribution is
FinTech push: Infosys opens GIFT City centre for BFSI digital services; new hub to house over 1,000 employees in hybrid model
Risk-on rally: Defence and microcaps drive May surge in Indian markets; RBI rate cut extends momentum into June
New market slice: Little Caesars makes India debut with NCR outlet plan; Harnessing Harvest to lead franchise push
Top table rejig: Rabi Sankar appointed to 16th Finance commission as part-time member; after Ajay Jha’s mid-term exit
Procurement boost: Centre doubles cap for direct scientific purchases; researchers get more autonomy
Policy minds reshaped: Mahendra Dev takes over as EAC-PM chief; SBI’s Soumya Kanti Ghosh joins as part-time member
GSTR-3B filing to tighten: GSTN to lock monthly tax form from July 2025, changes allowed only via GSTR-1A
Farm reset: Government says agriculture sector reshaped in 11 years, budget surged five-fold since 2013 & crop output jumped
FPIs pull Rs 8,749 crore from stock market in June’s first week; sharp reversal after RBI rate cut; NSDL data shows
Saturday, June 07, 2025
Foreign Portfolio Investors (FPIs) initially withdrew Rs 8,749 crore from Indian equities in early June amid global uncertainty. However, a significant shift occurred after the RBI’s unexpected 50 basis points rate cut, boosting investor confidence.