Automobile sales in India sees worst-ever fall in August
New Delhi: Automobile sales in India witnessed its worst-ever drop in August with despatches in all segments, including passenger vehicles and two-whe...
PNB put up 11 NPA accounts for sale to recover dues of Rs.1,234 cr
State-owned Punjab National Bank (PNB) has put up for sale nearly a dozen non-performing assets (NPA) to recover dues of more than 1,234 crore rupees....
SBI reduces MCLR and interest rates on time deposits across all maturities
Mumbai: The country's largest lender State Bank of India (SBI) on Monday announced a reduction in its marginal cost of funds-based lending rate (MCLR)...
Rupee rises 14 paise against US dollar in early trade
Mumbai: The rupee appreciated by 14 paise to 71.58 against the US dollar in early trade on Monday as China's easing move and rate cut hopes by the US ...
Sensex drops over 150 points
Mumbai: Domestic equity benchmark BSE Sensex dropped over 150 points in early session on Monday, weighed down by losses in banking, auto and IT stocks...
Centre urges CPSEs to stick to their capital expenditure plan
The Centre has asked large Central Public Sector Enterprises (CPSEs) to stick to their capital expenditure plan which will increase liquidity in the m...
Gold prices fall Rs 372 on weak demand, strong rupee
New Delhi: Gold prices fell by Rs 372 to Rs 39,278 per 10 gram in the national capital on Friday due to weak demand and strong rupee, according to HDF...
Rupee rises 17 paise to 71.67 against US dollar
Mumbai: The Indian rupee appreciated by 17 paise to 71.67 against the US dollar in early trade on Friday as gains in domestic equity market and resump...
Sensex jumps over 200 points
Mumbai: Domestic equity benchmark BSE Sensex advanced over 200 points in early session on Friday, led by gains in index heavyweights Infosys and RIL, ...
Ambani rolls out JioFiber
New Delhi: Billionaire Mukesh Ambani's Jio on Thursday announced launch of fiber-based broadband services, offering minimum internet speed of 100 Mbps...
Samsung to launch foldable smartphone on Sept 6
Samsung Electronics Co. Ltd. on Thursday said its first foldable smartphone, the Galaxy Fold, will be available in South Korea from September 6 with f...
RBI makes repo-linked interest rates mandatory
The Reserve Bank of India has made it mandatory for banks to link all of their new loan products, be it personal, housing or auto to an external bench...
SEBI Chairman Ajay Tyagi calls for unification of corporate bond market
SEBI Chairman Ajay Tyagi has called for unification of corporate bond market with the more widely-traded government securities market to make it easie...
Sensex rises over 100 points in early trade
Mumbai: Domestic equity benchmark BSE Sensex jumped over 100 points in opening session on Thursday, led by gains in oil and gas, power and metal stock...
Rupee rises 27 paise against US dollar
Mumbai: The rupee appreciated by 27 paise to 71.85 against the US dollar in early trade on Thursday as gains in domestic equity market enthused invest...
Market starts on a volatile note amid foreign fund outflow
Mumbai: Domestic equity market opened on a highly volatile note on Wednesday tracking heavy foreign fund outflow and mixed cues from global markets am...
RBI task force calls for central corporate loan contract registry
Reserve Bank-constituted task-force on developing a vibrant secondary market for corporate loans has called for setting up a central loan contract reg...
IDBI Bank to be recapitalised with infusion from govt, LIC
The Cabinet yesterday cleared recapitalization of IDBI Bank with a one-time infusion of funds by both the government and the LIC. It has approved...
Sensex crashes 770 pts as economic crisis deepens
Mumbai: The BSE benchmark Sensex crashed nearly 770 points and the NSE Nifty tumbled over 225 points on Tuesday due to panic sell-offs across the boar...
Growth of eight core sectors slows to 2.1% in July
Growth of eight core industries dropped to 2.1 per cent in July mainly due to a contraction in coal, crude oil, natural gas and refinery products, acc...
Sensex plunges over 400 points
Mumbai: Domestic equity benchmark BSE Sensex dropped below the 37,000 level, plunging over 400 points, in early trade on Tuesday tracking heavy sellin...
RBI extends KYC deadline for Amazon Pay, Paytm and PhonePe till February 29, 2020
The Reserve Bank of India (RBI) has extended the deadline for e-wallet companies like Paytm, Amazon Pay and PhonePe till February 29, 2020, to comply ...
Gold slips Rs 40 to Rs 39,600 on muted demand
New Delhi: Gold prices on Monday inched Rs 40 lower to Rs 39,600 per 10 gram at the bullion market here owing to lower demand from local jewellers, ac...
Markets to remain closed for Ganesh Chaturthi
Mumbai: All major financial markets, including BSE, NSE, forex, commodity and money markets, will remain closed on Monday on account of 'Ganesh Chatur...
GST collections dip in August
New Delhi: In an apparent sign of economic slowdown, India's GST collections in August dropped to Rs 98,202 crore from over Rs 1.02 lakh crore in the ...
Over 5.65 cr income tax returns filed for assessment year 2019-20
Over five crore 65 lakh Income Tax Returns were filed by taxpayers for the Assessment Year 2019-20. This is 4 per cent more compared to the previous a...
Apple iPhone 11 may go on sale from Sept 20: Report
Apple's upcoming iPhone 11 is tipped to be available for pre-order on September 13 and in-store availability is set to start on September 20.The infor...
Target $5tn economy, Finance Minister announces mega PSU bank mergers
Mumbai: Union Finance Minister Nirmala Sitharaman announced Friday that several public sector banks would be merged to energise and consolidate their ...
Govt permits 100% FDI in coal mining, associated infrastructure
The Union Cabinet has relaxed Foreign Direct Investment rule for foreign single-brand retailers and also permitted foreign investment in contract manu...
Rupee gains 12 paise against dollar in early trade
Mumbai: The rupee appreciated by 12 paise to 71.67 against the US dollar in early trade on Friday following positive developments in the US-China trad...
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