FPIs press sell button on Indian stocks, bonds worth $7 bn since April
Foreign portfolio investors (FPIs) have dumped domestic bonds and equities worth nearly $7 billion (Rs 441 billion) since April. The pullback comes amid the greenback’s ascendance against most global currencies and the 10-year US Treasury hitting the dreaded 3 per cent mark. Read more
Maruti Suzuki switching lanes: Small cars now down to 25% of total sales
Maruti Suzuki, which started as an entry-level carmaker 35 years ago (the 800 was launched in 1983) and rode on the popularity of these cars to become the market