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New Delhi - Overseas investors have pumped in USD 1.55 billion in equity market so far this month, taking the total to over USD 15 billion since the beginning of the year.

As per the latest data, foreign investors have purchased stocks worth Rs 42,866 crore between November 3 and 14, while they offloaded shares to the tune of Rs 33,352 crore during the same period, resulting into a net inflow of Rs 9,514 crore (USD 1.55 billion).

Market analysts said overseas investors (foreign institutional investors, sub-accounts or foreign portfolio investors) are betting on the government's reforms agenda.

New Delhi - The mutual fund industry is betting big on software companies as its equity exposure to the sector climbed to a fresh all-time high of about Rs 33,000 crore at the end of October.

This also marks the fifth consecutive rise in mutual fund (MF) industry's exposure to software stocks.

Mutual fund is an investment vehicle that is made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets.

New Delhi - Beginning today, LPG consumers in 54 districts of 11 states will start getting cash subsidy so that they can buy the cooking fuel at market price.

The ambitious plan, launched by the previous UPA government in June 2013 but abruptly stopped earlier this year following court orders, has been modified to exclude the requirement of unique identification number (Aadhaar) for availing the cash subsidy.

"The Direct Benefit Transfer for LPG (DBTL) scheme was launched on June 1, 2013 and finally covered 291 districts. It required the consumer to mandatorily have an Aadhaar number for availing LPG subsidy.

Brisbane, Nov 16 - Raising the issue of black money during the G-20 Summit meeting here, Prime Minister Narendra Modi on Sunday stated that India supports all initiatives which facilitates automatic exchange of information among nations that ultimately helps in tracing unaccounted money and its eventual repatriation. In series of tweets, Ministry of External Affairs (MEA) official spokesperson, Syed Akbaruddin's twitter handle revealed Prime Minister Modi's intervention on issues of tax evasion at the G-20 Summit.

Brisbane, Nov 15 : Prime Minister Narendra Modi on Saturday called for the revival of global economic confidence, adding that developing countries like India are vying for a faster trajectory of growth.

"The Prime Minister said there is a need for a stable political and economic environment to achieve our goals because several countries are like India, that is, those wanting to go in a faster trajectory of growth. The international environments through organisations or groups like the G-20 can support this effort," Ministry of External Affairs official spokesperson Syed Akbaruddin told the media.

London, November 15 : Britain number one Andy Murray revealed that he has never endured a heavy defeat like his 6-0, 6-1 thrashing by Roger Federer at the ATP World Tour Finals.

Murray believes that he has never been in that position in his entire career as he struggled to earn some points in order to counter strikes made by Federer. He further laments that it would be a tough task to look back at this defeat in the future. It may never happen again, said Murray in his column, the BBC reported.