| FPIs pull out Rs 4,375 cr in May so far
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 Foreign investors have pulled out a net amount of Rs 4,375 crore from the Indian capital markets in May so far, driven by global and domestic factors. Prior to this, overseas investors had infused a net amount of Rs 16,093 crore in April, Rs 45,981 crore in March and Rs 11,182 crore in February in the capital markets (both equity and debt). According to the latest depositories data, foreign portfolio investors (FPIs) withdrew a net sum of Rs 2,048 crore from equities and Rs 2,309.86 crore from the debt market during May 2-24, taking the total net outflow to Rs 4,375.86 crore. "However, it is noteworthy that foreign investors pumped in money on the day of election results as the mandate became clear," said Vidya Bala, Head - Mutual Funds Research at FundsIndia. FPIs invested a net Rs 1,352.20 crore in equities on May 23, when the ruling BJP scored a thumping victory in the general elections. "While FPIs may remain cautiously optimistic on what the government will deliver in a second ...
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| Mandate for creating new India's new Uttar Pradesh: Adityanath
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 Uttar Pradesh Chief Minister Yogi Adityanath says the massive mandate in the Lok Sabha polls was a mandate for creating "new India's new Uttar Pradesh" and gave a befitting reply to those parties which cheated the poor in the name of social welfare and relied on caste politics. Adityanath says his government's focus on development helped him secure another term in the politically important state. "While the opportunistic coalition of the SP and BSP were relying on caste politics, I kept toiling for development of citizens rising above caste, creed or religion. This is the reason people voted for the BJP," the chief minister told PTI, giving full credit for the massive mandate to PM Narendra Modi and BJP chief Amit Shah. "The massive mandate received in Uttar Pradesh in favour of the ruling party is the mandate for creating new India's new Uttar Pradesh. The mandate is against nepotism, casteism, corruption. It is a befitting reply to those hypocritical parties which cheated poor in ...
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| Single authority for sanctioning, processing GST refunds likely by August
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 A single authority for sanctioning and processing GST refunds is in the offing as the Finance Ministry looks to speed up and simplify the process for exporters, an official said. The current mechanism entails a twin refund sanctioning authority of the central and state tax officers but that could well change by August when the proposed new structure involving a single authority comes in place. As per the system being worked out by the Revenue Department, the taxpayer will get full refund from his jurisdictional officer once the claim is sanctioned, while at the back-end the Centre and states will apportion the amount to be paid to each other. Currently, once a taxpayer files refund claim with the jurisdictional tax authority, say the central tax officer, then he would clear 50 per cent of the claims, and the remaining is cleared by the state tax officers after further scrutiny. A similar system is followed when a taxpayer approaches the state tax officers for Goods and Services Tax ...
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| Looking at continued growth across key markets in FY20: Cipla
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 Drug firm Cipla said it is looking at continued growth across all its key markets in the current fiscal year and plans to file over 12 abbreviated new drug applications during the period. Highlighting the priorities for FY20, the company said for the Indian market, it is looking at strong growth in existing franchises including respiratory and ramp-up of chronic therapies such as diabetes, cardio and women health, according to Cipla's latest investor presentation. For the US market, where the company has seen significant growth driven by ramp-up across key differentiated products in FY19, it is looking to scale-up last fiscal's launches and also introduce more products in FY20 while continuing the specialty investments. In another key market of South Africa, during the current fiscal year Cipla is looking to strengthen its OTC (over-the-counter) business. In the rest of world (RoW) market, the company will be focussing on continuing market leadership in key regions, it added. For the .
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| ICC World Cup 2019 warm-up: Can't judge players on one bad innings, says Jadeja after India's loss to New Zealand
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 Ravindra Jadeja scored 54 and helped India post 179 after the failure of the top order in the warm-up game against New Zealand. @Twitter/Cricket World Cup India's batting frailties might have been exposed again in the first warm-up against New Zealand but spin-allrounder Ravindra Jadeja said there is "nothing to worry" and the team will sort out its weakness ahead of the World Cup beginning next week. Electing to bat, India suffered an early collapse in slightly bowling-friendly conditions at the Oval before being bowled out for 179 in 39.2 overs. Ravindra Jadeja's 54 off 50 balls and Hardik Pandya's 37-ball 30 were the only substantial scores. "This is our first game, it is just one game and we can't judge players on one bad innings, one bad match. So nothing to worry as a batting unit," Jadeja told reporters at the post-match press conference. "It is always difficult in England, you are coming from India, where you play in flat wicket … we still have time to work on it. There is nothing to worry, just ...
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| ICC World Cup 2019 England's Mark Wood to undergo precautionary scans
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 Mark Wood had to leave the field midway through an over. (AFP Image) England fast bowler Mark Wood was left with a nervous wait after his World Cup chances were thrown into doubt by a foot injury that saw him leave the field during a warm-up defeat by Australia in Southampton on Saturday. The Durham quick had managed just 3.1 overs in his opening spell when he abandoned his run-up after feeling pain in his left foot. (READ: Australia beat England in World Cup warm-up by 12 runs) "Mark Wood is to have a precautionary scan," a statement from ECB read. "England's medical team want to ensure there is nothing serious in the build-up to the start of the World Cup." Wood's injury-plagued career has been blighted by a history of repeated ankle problems but he did give England some cause for optimism by running off to the pavilion, although the fact he then went to hospital for a scan and took no further part in an eventual 12-run defeat was concerning. "We'll see how it turns out in the morning. It can be a worry ...
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| Cricket World Cup 2019 India matches: schedule, venues, time, TV schedule
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 Virat Kohli's India play their first World Cup match on June 5 against South Africa. (Image: ICC) Planning on tracking the Indian cricket team during the ICC Cricket World Cup 2019 in England? Here is the schedule for India's matches, plus how to watch and stream the games. Virat Kohli's Indian team open their World Cup campaign on June 5 against South Africa. CricketCountry will have reporters at various World Cup venues in England and Wales bringing to you all the latest. You can follow all the matches and get all the latest news, results, analysis, photos and videos on our dedicated World Cup page. Check the World Cup full schedule HERE. For India's fixtures, click HERE. In India, the World Cup will be telecast on the Star Sports network and streamed on Hotstar. India's warm-up match schedule at World Cup: India vs New Zealand Date: Saturday, May 25 Venue: Kennington Oval, London Result: Lost by six wickets (Match report) (ALSO READ: Virat Kohli's captaincy up for stern test at World Cup) India vs ...
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, all countries ( USA, Great Britain, India, Australia, New Zealand ) (sources)
