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A stronger-than-expected fourth quarter lifted India’s growth to 7.2% in FY23, exceeding the 7% cited in the second advance estimates released in February, underscoring the country’s economic resilience in the face of multiple challenges.
The Securities and Exchange Board of India (Sebi) has proposed tighter disclosure requirements for foreign portfolio investors (FPIs) to prevent the misuse of overseas investment routes and curb public shareholding norm violations.
Apple has won a new laurel in India — operating the country’s largest electronics retail store by sales.The iPhone maker’s first two own stores in India have grossed monthly sales of over ₹22-25 crore each, well over two times what could be the highest revenue for an electronics store in the country during non-Diwali period, according to two industry executives aware of the details.
ETPrime stories of the day
Sun Pharma’s earnings pace is likely to slow down as it takes two steps back for a leap forward
The Green push: Where India’s 35 million-plus jobs will come from
Sebi chief Buch calls mutual funds ‘bada beta’, wants AMFI to answer tough questions
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