Foreign portfolio investors (FPIs) flocked to Indian markets in early December, pouring 22,766 crore, primarily into financial services, IT, and real estate. However, oil and gas, auto, and FMCG sectors witnessed outflows. While financials saw significant withdrawals throughout 2024, telecom and services experienced renewed interest after November's outflows.
Capital goods stocks stumbled on Friday, led by Siemens' 10% drop, after the company reported a lack of significant private capital expenditure growth in India. Despite this, analysts maintain a positive outlook for the sector, driven by government spending and a private capex cycle focused on decarbonization and energy transition.
Every year I devote a column to meaningful gifts for children of all ages gifts that might grow in value or spark an interest in financial matters, or just be a relief from the online games that take up so much of their time.
Q: My 2023 GV80 has a lot of bells and whistles and one of them is the engine turning off at stop lights to save gas. I noticed that the feature had stopped working so I took the vehicle back to the dealership. Two hours after my appointment time, it was returned to me with the statement that there was no error code and there were many things that could affect that feature from operating correctly. I was surprised but they offered nothing more.
The United States won a ruling on Friday in a trade dispute with Mexico, which had sought to ban imports of genetically modified corn for human consumption.
As Chicago Public Schools faces deficits of around $500 million, two upcoming Board of Education votes could impact district finances for years to come.
