FIIs remain net buyers through primary market in India

IANS | January 4, 2025 5:33 PM

New Delhi, Jan 4 (IANS) As foreign institutional investors’ (FII) selling in India continues to dominate headlines, the clear message is that FII selling is due to high valuations in the secondary market and in the primary market where the valuations are fair, they have been sustained investors, market watchers said on Saturday.

ONDC can create additional GMV opportunity worth Rs 3.75 lakh crore in 5 years

IANS | January 4, 2025 2:39 PM

New Delhi, Jan 4 (IANS) The Open Network for Digital Commerce (ONDC), which has the potential to create a market opportunity to the tune of Rs 3.75 lakh crore in additional gross merchandise value (GMV) in the next five years, is addressing the challenges of monopolistic practices and empowering smaller players, the government said on Saturday.