Business Today: Centre Likely To Raise FDI Limit In PSU Banks To 49% Amid Market Volatility

Share

Business Today: Centre Likely To Raise FDI Limit In PSU Banks To 49% Amid Market Volatility

On this Special Report, the focus is on the government’s proposal to increase the Foreign Direct Investment (FDI) limit in public sector banks. Sources reveal that the ‘Ministry of Finance has completed inter-ministerial consultations’ to raise the stake from 20% to 49%. The programme also tracks the market opening, with the Nifty signaling a gap-down start amid weak global cues. Analysts note that despite the dip, ‘the trade is skewed in favor of longs’ in the banking and housing space. Additionally, the report discusses reports of SpaceX preparing for an IPO next year with a record valuation.

#StockMarket #BusinessToday #IndiaTodayTV #itwebvideos #Nifty #Sensex #PSUBanks #FDI #SpaceX #IPO #MarketOpening #Economy #Finance #Trading #Investment #India #ShareMarket #BusinessNews #CorporateNews #Metals #Gold #Silver

Subscribe to India Today for NEW VIDEOS EVERY DAY and make sure to enable Push Notifications so you’ll never miss a new video.

All you need to do is PRESS THE BELL ICON next to the Subscribe button!

India Today TV is India’s leading English News Channel. India Today YouTube channel offers latest news videos on Politics, Business, Cricket, Bollywood, Lifestyle, Auto, Technology, Travel, Entertainment and a lot more.

Stay tuned for latest updates and in-depth analysis of news from India and around the world!

WhatsApp Channel: https://whatsapp.com/channel/0029Va2AnW3JENxxg7OuJv00

Download App: https://indiatoday.link/wHaj

Follow us: Official website: https://www.indiatoday.in/

Twitter: https://twitter.com/IndiaToday

Facebook: https://www.facebook.com/IndiaToday