FIIs turn net buyer in Indian market as sentiment improves

IANS | October 17, 2026 10:54 AM

New Delhi, Oct 17 (IANS) Foreign institutional investors (FIIs) turned net buyers worth Rs 1,166 crore in India on Friday after overall selling eased sharply this week as market sentiment improved, analysts said on Saturday.

Govt issues clarification on legislative developments concerning its shareholding in IDBI Bank

IANS | October 17, 2026 9:26 AM

New Delhi, Oct 17 (IANS) The government on Saturday issued a clarification on the legislative developments in 2003 concerning the government’s shareholding in IDBI Bank, saying the legislative history of the IDBI (Repeal) Act, 2003, the judicial pronouncement of the Delhi High Court and successive Union Budget speeches “collectively demonstrate the evolution of the Government’s policy towards the strategic disinvestment of IDBI Bank”.

Starlink ready to connect India with high-speed internet, Musk replies to Reliance

IANS | October 17, 2026 9:14 AM

New Delhi, Oct 17 (IANS) Elon Musk-owned Starlink said it has worked closely with regulators, industry and operators in India for more than 5 years, in a reply to Reliance Industries Ltd (REL) which said that India’s rules apply equally to domestic and foreign companies in the field of satellite communications.