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Foreign funds are selling India stocks at fastest pace in months

The bombay stock exchange (bse) building as ambani's financial services unit has tepid start in mumbai debut

BLOOMBERG Foreign investors have cut holdings of Indian stocks at a rapid pace over the past week, with disappointing earnings from some bellwether companies souring sentiment just as concerns about the Israel-Hamas war and higher-for-longer US rates hurt demand for riskier assets. Overseas funds sold $768.4 million of local shares alone, the biggest single-day outflow since June 2022 on a ...

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20,000 relief packages prepared with participation of 5,000 volunteers in ‘Tarahum for Gaza’ Campaign

ABU DHABI/ WAM The “Tarahum for Gaza” campaign continues with strong momentum and participation of citizens and residents of the UAE. Substantial contributions from the community are continuing in parallel with official efforts, reflecting the UAE’s deep-rooted values of human solidarity. In its third week, the campaign witnessed the participation of 5,000 volunteers during activities organised at the Etihad Arena ...

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UAE leaders offer condolences to King of Bahrain over passing of Noura bint Salman

Uae leaders

ABU DHABI/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolences to His Majesty King Hamad bin Isa Al Khalifa of Bahrain, over the death of Shaikha Noura bint Salman bin Hamad bin Isa Al Khalifa. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness ...

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