Chirag Paswan at Idea Exchange: ‘No power can take away reservations from India. It is a Constitutional right’ | Idea Exchange News

Chirag Paswan, Union Minister for Food Processing Industries, on his new role, relationship with PM Modi, alliance with long-time political rival Nitish Kumar, and how he sees a more active role for himself in state politics. The conversation was moderated by Deeptiman Tiwary, Deputy Associate Editor, The Indian Express Deeptiman Tiwary: Your short political career is inundated with upheavals — your father passing away, the party breaking up, and then you rebuilding your party. How has this journey been? The past few years have been like a roller coaster ride.…

FPI selling: 93 per cent of FPI sales in the last 12 months came from two sectors; Any idea?

New Delhi: Banking and IT are the two sectors that saw a major chunk of foreign equity on a 12-month basis. In its latest report, said the bulk of FPI sales FMCG, with other services and construction materials contributing 93 per cent, is focused around financials and IT on a rolling 12-month basis. The brokerage said inflows were witnessed in metals, power, discretionary consumption and telecom during this period. agencies Overall, last 12-months FPI The sell-off has eclipsed the outflow seen during the global financial crisis. “Ongoing FPI sales in…

Stock Idea: Big Movers on D-St: What should investors do with Root Mobiles, Timken India and Ambuja Cements?

The Indian market closed in the green for the third consecutive day on Monday. The S&P BSE Sensex rose over 400 points, while the Nifty 50 closed above the 15,800 level. Sector wise, buying was seen in Capital Goods, IT, Metals and Public Sector stocks. The S&P BSE Mid-cap index was up 0.8 per cent while the S&P BSE Small-cap index ended 1.5 per cent higher. The stocks that were in focus included names like Which rose more than 8 percent, which was about 4 percent, and which closed with…

Vodafone Idea will not create digital assets; to continue with the partnership model

Vodafone Idea said it will not build out its own digital assets, but will continue with the partnership model, in which the various services offered by digital players are deeply integrated into its Vi platform. Tactics completely different from rivals Bharti Airtel and Reliance Jio, which has created a large number of digital assets of its own, which can be availed by customers of other telecom operators as well. According to Ravinder Takkar, CEO and MD, Vodafone Idea, the company looks at digital in a way that may be slightly…