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Foreign investors make notable return to Indian equity markets in April

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New Delhi, April 26: Foreign investors have made a notable return to Indian equity markets this month, emerging as net buyers over the past two weeks, analysts said on Saturday.

In just the last seven trading sessions, foreign portfolio investors (FPIs) have turned decisively positive on Indian equities. This shift is largely attributed to a weakening US dollar, revisit of tariff agreements and a renewed sense of optimism surrounding India’s economic trajectory.

“Amid a challenging global backdrop, marked by sluggish growth in major economies like the United States and China, India continues to stand out higher for its economic resilience,” said Manoj Purohit, Partner and Leader, FS Tax, Tax and Regulatory Services, BDO India.

India is forecast to grow at a robust rate of over 6 per cent in FY26 and remains the only fastest-growing economy, making it a compelling destination for global investors.

“FPI inflows are expected to remain strong in the near term, providing additional support to the ongoing market rally. As global investors reassess their strategies, India’s economic fundamentals and earnings potential position it as a beacon of stability and growth in a turbulent events happening globally,” Purohit explained.

This month (till April 24), FPIs purchased equities worth Rs 22,716.43 crore while they sold equities worth Rs 17,196.33 crore, with net investment of Rs 5,520.1 crore.

Last month, FPIs ramped up buying in the second half of March 2025, driving a recovery in select sectors. BFSI led the inflows with a turnaround from $380 million selling to $2,055 million buying, netting $1,675 million for the month.

Telecommunications and metals and Mining also saw net inflows of $360 million and $219 million, respectively, according to a recent note by Bajaj Broking. Overall, FPI interest remained focused on BFSI, with most other sectors facing continued selling pressure.

With a strong economic outlook, policy reforms and a resilient market, India remains an attractive destination for global capital. The government’s continued focus on infrastructure, digital growth, and ease of doing business further boosts investor confidence.

The recent move by RBI to keep the existing corporate bond and G-sec limits unchanged for foreign portfolio investors (FPIs) is a testimony of the government’s intent to keep gateway open for offshore participants to continue infusing funds in India market.

National

Rahul Gandhi questions Maha govt over farmer suicides, BJP counters with facts during Cong-NCP rule

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New Delhi, July 3: Leader of Opposition (LoP) in the Lok Sabha Rahul Gandhi on Thursday criticised the BJP-led Maharashtra government over farmer suicides and accused the Centre of ignoring their plight. This prompted a swift response from the BJP, which cited findings and facts about farmer deaths in the state during the Congress-NCP rule to set the record straight.

The political blame game on farmer suicides began over the Fadnavis government’s admission that 767 farmers committed suicide in the state in the past three months. The state government told the Legislative Assembly on Tuesday that 767 farmer suicides were reported in the state, primarily in the Vidarbha region.

The Congress MP used the farmers’ deaths to mount an attack on the Centre, accusing it of callousness and gross indifference to their plight. He said that 767 families have been devastated and shattered, but the government remains unmoved.

“Is this just a statistic? No. These are 767 shattered homes. 767 families that will never recover. And the government? Silent. Watching with indifference,” he asked on X.

Rahul further said the farmers are sinking deeper into debt every day, but the government continues to look away. Their plight remains ignored while there is no government assurance or promise on the Minimum Support Price (MSP) for agricultural products.

BJP IT cell chief Amit Malviya was quick to counter Rahul’s charge with facts and figures of farmers’ suicides, when the state was ruled by Congress-led governments in the past.

Amit Malviya said the Congress leader must think before blurting out baseless charges. He said that Rahul must look at the utter failures and misgovernance of the Congress-NCP governments, which saw a spate of farmer deaths during their reign.

Sharing details of farmers’ deaths, Amit Malviya stated that more than 55,000 deaths took place in the 15-year rule of the Congress-NCP government and asked, ‘Who was accountable for this?’

The graph shared by him, compiled with data gathered from NCRB and P. Sainath, shared details of ‘mass suicides’ in different government tenures, starting from 1999 to 2014.

“From 1999-2004, about 16,512 farmers committed suicide while from 2004-2009, about 20,566 farmers committed suicide while from 2009 to 2014, 18,850 farmers killed themselves,” it pointed out.

Notably, the Vidarbha region in Maharashtra has gained infamy over the years because of an abnormally high number of suicides by farmers. For decades now, the region has been hogging headlines over sorry state of affairs for the farming community.

Rahul Gandhi, further escalating his attack on the Centre, said that farmers’ demand for loan waivers remains ignored, but the Modi government continues to give big loans to corporates and billionaires.

“Modi ji promised to double farmers’ income – today, the reality is that the lives of those who feed the nation are being cut in half. This system is killing the farmers,” Congress MP claimed.

Giving a firm retort, Amit Malviya said that the politics of counting the dead looks repulsive, but it’s important to show Rahul Gandhi and Congress the mirror.

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National

‘Dedicate it to bright future of India’s youth, their aspirations’: PM Modi on receiving Ghana’s top national honour

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Accra, July 3: After receiving the ‘Officer of the Order of the Star of Ghana’, the country’s national honour by Ghana President John Dramani Mahama, Prime Minister Narendra Modi dedicated the honour to the “bright future of Indian youth, their aspirations, India’s rich cultural diversity and the historical ties between India and Ghana”.

The Prime Minister also thanked the people and the government of Ghana for conferring the country’s highest award to him.

Taking to social media platform X, PM Modi said: “”I thank the people and Government of Ghana for conferring ‘The Officer of the Order of the Star of Ghana’ upon me. This honour is dedicated to the bright future of our youth, their aspirations, our rich cultural diversity and the historical ties between India and Ghana. This honour is also a responsibility; to keep working towards stronger India-Ghana friendship. India will always stand with the people of Ghana and continue to contribute as a trusted friend and development partner.”

Prime Minister Modi received Ghana’s highest national honour in recognition of his “distinguished statesmanship and influential global leadership”.

“Honoured to be conferred with ‘The Officer of the Order of the Star of Ghana’,” the Prime Minister said in an X post.

“A testament to the deep and long standing India-Ghana ties. President @JDMahama conferred upon PM @narendramodi ‘The Officer of the Order of the Star of Ghana’, the national award of Ghana dedicated the award to the 1.4 billion people of India and the historic and deep rooted India-Ghana relations. He thanked the government and people of Ghana for this exceptional honour,” Ministry of External Affairs (MEA) Spokesperson Randhir Jaiswal said in a post on X.

“Fitting that PM @narendramodi has been conferred with Ghana’s national honour — the ‘Officer of the Order of the Star of Ghana’. It is a recognition of his steadfast efforts in strengthening the voice of the Global South. Also a testament to our cooperation and friendship with Ghana,” EAM Jaishankar wrote in a post on X.

Accepting the award on behalf of 1.4 billion Indians, Prime Minister Modi dedicated the honour to the aspirations of the youth of India, its cultural traditions and diversity, and to the historical ties between Ghana and India, the MEA said in an official statement.

The Prime Minister thanked the people and government of Ghana for this special gesture.

Noting that the shared democratic values and traditions of the two countries would continue to nurture the partnership, Prime Minister Modi said that the award further deepens the friendship between the two countries and places new responsibility on him to embrace and advance bilateral ties, the MEA statement noted.

The Prime Minister affirmed he was confident that his historic state visit to Ghana would impart a new momentum to India-Ghana ties.

Earlier, PM Modi held wide-ranging talks with President Mahama, after which India and Ghana elevated their ties to the level of a comprehensive partnership.

The Prime Minister is in Ghana on the first leg of his five-nation tour.

It is the first Prime Ministerial visit from India to Ghana in three decades.

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National

Another batch of 5,246 Yatris leaves for Valley as Amarnath Yatra begins today

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Jammu, July 2: Another batch of Yatris left Jammu for the Valley as the annual Amarnath Yatra begins officially on Thursday, officials said.

Officials added that the second batch of 5,246 pilgrims left Bhagwati Nagar Yatri Niwas on the Canal Road in Jammu for the Valley in two escorted convoys on Thursday.

“Of these, 1,993 Yatris are going to Baltal base camp while 3,253 are going to Pahalgam base camp,” officials said.

The 36-day long Amarnath Yatra begins on Thursday as the first batch of Yatris left Baltal base camp for the holy cave shrine in the morning.

Other Yatris of the first batch left Pahalgam for the cave shrine in the morning.

On their arrival in the Valley on Wednesday, locals belonging to civil society, trade and other sections of the society lined up with garlands and placards at the Navyug Tunnel in Qazigund town to welcome the Yatris.

Jammu and Kashmir Lieutenant Governor, Manoj Sinha, on Wednesday, flagged off the first batch of Yatris for this year’s Amarnath Yatra from Jammu.

Unprecedented security is being provided to this year’s Amarnath Yatra as this is taking place after the April 22 Pahalgam terror attack in which 26 civilians were killed by Pakistan-backed Lashkar-e-Toiba (LeT) terrorists.

Additional 180 companies of CAPFs have been deployed to augment the existing security set-up comprising the Army, security forces and the Jammu and Kashmir Police.

Yatris have been advised to undertake the journey from Jammu to the Valley only as part of the escorted convoys and not to move separately towards the base camps on their own.

The Yatra officially started on Thursday and will conclude after 36 days on August 9, coinciding with the festivals of Shravan Purnima and Raksha Bandhan.

Devotees approach the holy cave shrine situated 3,888 metres above the sea level either from the traditional Pahalgam route or the shorter Baltal route.

Those using the Pahalgam route trek from Pahalgam to Chandanwati, Sheshnag and Panchtarni to reach the holy cave shrine taking four days to cover the 46-km long trek.

Those using the Baltal route return to the base camp the same day after having ‘Darshan’ inside the cave shrine covering the 14-km long trek.

For security reasons, no helicopter services are available for the Yatris this year.

The cave shrine houses an ice stalagmite structure that wanes and waxes with the phases of the moon.

Devotees believe that the ice stalagmite structure symbolises the mythical powers of Lord Shiva.

Locals are an essential part of the Yatra as they facilitate the Yatra by providing ponies, palkis and even carry the infirm pilgrims on their back to reach the cave shrine.

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