Top headlines: FPIs sell $6 bn in 2022; coal crisis builds up again

After a brief respite at the year's start, FPIs have dumped shares worth more than $5.7 billion. More on that in our top headlines.

A complex coal demand-supply mismatch is emerging in the country. Commercial banks continue improving asset quality. More on those stories in top headlines this morning.

FPI selling nears $6 billion in 2022 as interest rate hikes loom 

This is the worst start to a year when it comes to sell-off from foreign portfolio investors (FPIs). After a brief respite at the year’s start, FPIs have dumped shares worth more than $5.7 billion (Rs 42,596 crore), taking the cumulative net outflows since October to $10.5 billion (Rs 78,466 crore), and adding to the volatility on the bourses. The figure would have