(Bloomberg) — Overseas investors are selling India’s government bonds, but they still have faith in the nation’s corporate debt. Global funds cut holdings of the nation’s sovereign securities by 33.5 billion rupees ($472 million) in the first two weeks of this year after selling 11 billion rupees in December, data from the Clearing Corporation of

Flipkart co-founder Sachin Bansal has invested Rs 149.99 crore ($21.18 million) in ANI Technologies Pvt. Ltd, which operates homegrown cab-hailing major Ola. According to the company’s latest filings with the Registrar of Companies, the investment was made on 12 January 2019. The current investment valued Ola at approximately $5.7 billion (Rs 40,355 crore at current

New UK taskforce will crack down on money laundering, corruption, fraud and bribery The home secretary and chancellor are to launch a joint assault on fraud, bribery, corruption and money laundering. Sajid Javid and Philip Hammond will chair a new taskforce that will work with senior figures in the financial sector to tackle economic crime. This is

Amazon’s Great Indian Sale is coming back this month. The sale will kick off from January 20 and will go on until January 23. The four-day Amazon sale promises big deals on smartphones, laptops, cameras, headphones, appliances, and a lot more. The Great Indian Sale will include great deals from lakhs of sellers, according to

Resolution Foundation identifies jobs growth hotspots since financial crisis South Yorkshire and Merseyside recorded the strongest levels of jobs growth in the decade since the financial crisis, according to a report that also finds low-income households have benefited more than richer ones. The rise in the national employment rate to 75.7%, the highest level on record, has been

Clothing retailer to expand international presence after buying Finish Line chain in US JD Sports has upgraded its profit outlook following strong Christmas sales, and is stepping up its expansion in the US, where it has opened its first five stores. Britain’s biggest sports retailer has been riding the athleisure boom – sportswear designed to be worn outside

New Delhi: Wholesale inflation (WPI) fell to a nine-month low of 3.8% in the month of December as against 4.64% in the month of Novembers. The lower reading in WPI numbers for the month of December was led by primary articles, food article, which run in negative. Inflation for primary articles, which constitute 22.62% of