FPIs Infuse Over Rs 38,000 Cr in Equities in March Amid Strong Domestic Economic Outlook
Foreign Portfolio Investors (FPIs) have injected over Rs 38,000 crore in Indian equities in March, driven by favorable global economic conditions and a strong domestic macroeconomic outlook. This surge follows a modest investment in February and a massive outflow in January. Experts attribute the influx to robust GDP growth and expectations of potential RBI policy shifts. FPIs have also invested heavily in the debt market, with a massive Rs 13,223 crore injection this month.
Two Dividend Stocks for a Bulletproof Passive-Income Portfolio
Learn how the bearish stock market presents an opportunity to buy dividend stocks at a dip and build a bulletproof passive-income portfolio. Discover effective strategies to minimize risk and maximize potential returns, and consider investing in CT REIT and Timbercreek Financial for a resilient passive-income portfolio with just $10,000.
Investing in Israeli Stocks: A Call for Unity and Support
Discover the opportunity to invest in Israeli stocks from outside of Israel and support the nation’s economic resilience in the face of conflict. Despite recent attacks, Israel’s economic indicators remain strong, with major companies like Intel making significant investments in the country. Learn how investing in Israeli businesses can help defend and support the nation’s innovation and commerce.
Fitch Upgrades UK Sovereign Credit Outlook to ‘Stable’
Fitch upgrades UK’s sovereign credit outlook to ‘stable’ from ‘negative’ as economy rebounds, with cautious optimism about inflation and public finances. S&P and Moody’s also maintain stable outlook.
Canada reports $25.7 billion budgetary deficit
The federal government of Canada has reported a budgetary deficit of $25.7 billion as of the end of January for the current fiscal year, marking a significant increase from the previous year. The fiscal monitor provides insight into the government’s adherence to fiscal guardrails and reveals a notable increase in government revenues, but also a surge in program expenses and public debt charges.
Tennis Player Chris Eubanks Partners with FICO to Teach Financial Literacy to Students at Miami Open
Professional tennis player Chris Eubanks partners with FICO to impart valuable financial knowledge to students at Miami Beach Nautilus Middle School during the 2024 Miami Open. Eubanks emphasizes the importance of financial literacy and shares his personal experience to empower young individuals with essential life skills beyond the tennis court.
Three Short-Squeeze Stocks to Watch Beyond the Reddit IPO
Get ready for the next big short-squeeze opportunity in the stock market. Intuitive Machines (LUNR), Desktop Metal Inc (DM), and Blink Charging (BLNK) are three stocks with significant potential for short-squeeze and long-term investment success. While the Reddit IPO is creating buzz, these companies offer compelling standalone investment opportunities.
Nigerian fintech startup, Zone, secures $8.5 million seed funding for blockchain-powered payment infrastructure expansion
Nigerian fintech startup, Zone, secures $8.5 million seed funding to expand its blockchain-powered payment infrastructure. With backing from leading investors, including TLcom Capital and Flourish Ventures, Zone aims to revolutionize payment transactions in Africa and beyond, leveraging its position as the continent’s first regulated blockchain network for payments.
South Korea’s Economy Shows Signs of Growth but Faces Challenges
South Korea’s economy is expected to grow this year, driven by increased exports. However, domestic demand is declining, particularly in the construction sector. The surge in project-financing loans, linked to the property market, is now posing a significant risk to the economy.
JoAnn Fabric Files for Bankruptcy, 22 Stores in Massachusetts
JoAnn Fabric, with 22 locations in Massachusetts, has filed for bankruptcy, securing $132 million in fresh funding to reduce its $1 billion debt. The 81-year-old chain saw a brief surge in sales during the early days of COVID, but has been on a steady decline for years. Despite the bankruptcy, its 850 stores and website will remain open for business.