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Listed foreign funds pull out $91 mn from India

India witnessed an outflow of USD 91 million from listed foreign funds in 2017-18 after an infusion of USD 3.8 billion in the preceding fiscal, according to a report by Kotak. The listed funds — passive exchange-traded funds (ETFs) and…

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Boeing reports jump in 1Q profits, lifts 2018 forecast

Boeing reported a surge in first-quarter profits today and lifted its full-year earnings forecast following a strong performance in commercial aviation and defense programmes. The aerospace giant reported earnings of USD 2.5 billion, up 56.9 per cent from the year-ago…

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Indian economy to grow 7.2% in FY '18-19: Deloitte

With the disruptive impact of demonetisation and GST having largely waned, the Indian economy is expected to grow 7.2 per cent in fiscal 2018-19 on the back of an uptick in investment activity, a new Deloitte report said. The new…

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