Saturday, May 8, 1999
FIIs step up purchases of Indian shares
After lying low for almost a year, foreign investors have stepped up purchases of Indian shares. Foreign institutional investors (FIIs) have pumped in around Rs 400 crore in the Indian markets in the last six sessions.
Business outlook improves, reveals CII survey
Notwithstanding the political instability, the Indian industry is increasingly turning around to the sentiment that the economy is recovering, according to a latest six-monthly survey by the Confederation of Indian Industry (CII).
Indian economic scene changing -- IMF
The International Monetary Fund has sought more feedback from the Indian private sector for a better understanding of the reforms process.
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