ED arrests former ICICI Bank CEO Chanda Kochhar's husband Deepak Kochhar in money laundering case
The Enforcement Directorate (ED) has arrested Deepak Kochhar, husband of former ICICI Bank Chief Executive Officer Chanda Kochhar, in connection with ...
RBI paves way for loan recasts
The Reserve Bank yesterday specified five financial ratios and sector-specific thresholds for resolution of COVID-19-related stressed assets in 26 sec...
Sensex drops 100 points in early trade
Mumbai: Domestic equity benchmark Sensex dropped over 100 points in early trade on Monday tracking tepid cues from global equities.After opening on a ...
UP jumped to second place in ease of dong Business
Uttar Pradesh ranked second in the national State Business Reform Action Plan 2018-19 as the ‘Ease of Doing Business’ annual rankings released on Satu...
Paytm FY'20 revenue rises to Rs.3,629 cr
New Delhi: Digital financial services firm Paytm on Friday said its revenue for fiscal year ended March 31, increased to Rs 3,629 crore supported by i...
RBI revises PSL guidelines
Reserve Bank of India has revised Priority Sector Lending guidelines. RBI said the move is aimed at addressing regional disparities in the flow of pri...
Sensex tanks over 600 points on global selloff
Mumbai: Domestic equity benchmark Sensex plunged over 600 points in opening session on Friday tracking a massive selloff in global equities.The 30-sha...
SAIL August sales up 35 pc to 14.34 lakh tonnes of steel
New Delhi: State-owned SAIL on Thursday said its total sales jumped 35 per cent to 14.34 lakh tonnes (LT) of steel in August 2020.The company's sales ...
US federal budget deficit projected to hit record USD 3.3 trillion
The United State's federal budget deficit is projected to hit a record USD 3.3 trillion as huge government expenditure to fight the coronavirus and to...
Sensex, Nifty start on cautious note amid tepid global cues
Mumbai: Domestic equity benchmarks Sensex and Nifty turned cautious in early trade on Thursday amid lack of directional cues from global markets.After...
Rupee slumps 29 paise against US dollar in early trade
Mumbai: The rupee depreciated 29 paise to 73.32 against the US dollar in opening trade on Thursday tracking muted domestic equities and strengthening ...
CBDT issues refunds of over Rs.98,625 crore to more than 26 lakh taxpayers
The Central Board of Direct Taxes, CBDT has issued refunds of over Rs 98,625 crore to more than 26 lakh taxpayers. These refunds have been issued betw...
Indian Bank announces cut of 5 basis points in MCLR for one-year tenure
State-owned lender Indian Bank has announced a cut of 5 basis points in its marginal cost of funds based lending rate (MCLR) for one-year tenure.The b...
SC gives telecom companies 10 years to pay AGR dues to govt
Supreme Court has given telecom companies 10 years to clear AGR (adjusted gross revenue) dues of around 1.43 lakh crore rupees to the Centre.A bench o...
Coal India to invest over Rs.1.22 lakh crore on 500 projects by 2023-24
Coal India Ltd (CIL) will invest over 1.22 lakh crore rupees on development of nearly 500 projects related to coal evacuation, infrastructure, project...
Sensex surges nearly 400 points in early trade
Mumbai: The BSE benchmark Sensex jumped nearly 400 points in early trade on Tuesday tracking gains in index majors Kotak Bank, the HDFC twins and ICIC...
Rupee surges 14 paise to 73.25 against US dollar in early trade
Mumbai: The rupee appreciated 14 paise to 73.25 against the American currency in early trade on Monday tracking weak US dollar and sustained foreign f...
Sensex rallies over 500 points in early trade
Mumbai: The BSE benchmark Sensex rallied over 500 points in early trade on Monday driven by gains in index-heavyweights HDFC twins, Reliance Industrie...
Adani Group to pick 74 pc stake in Mumbai airport
New Delhi: Billionaire Gautam Adani's Adani Group on Monday said it has reached an agreement to acquire GVK Group's shareholding and control of Mumbai...
FM Nirmala Sitharaman to review with top management of Scheduled Banks and NBFCs on Sep 3
Finance and Corporate Affairs minister Nirmala Sitharaman will review with the top management of Scheduled Commercial Banks and NBFCs, the implementat...
Finance Ministry asks banks to refund charges collected on electronic transactions
The Finance Ministry has asked banks to immediately refund the charges collected after 1st of January this year on transactions carried out using the ...
India's foreign exchange reserves surge by USD 2.296 bn to 537.548 billion
India's foreign exchange reserves rose by 2.296 billion US dollar to reach 537.548 billion US dollar in the week to August 21. The forex kitty had inc...
Dow gains 0.6 percent, S&P 500 rises 0.2 percent
The S&P 500 and the Dow advanced yesterday as investors digested the U.S. Federal Reserve’s new strategy to adopt an average inflation target and ...
RBI may not extend moratorium on repayment on bank loans beyond Aug 31
The Reserve Bank is unlikely to extend the moratorium on repayment of bank loans beyond August 31 as an extension could impact the credit behaviour of...
Rupee opens on flat note against US dollar
Mumbai: The rupee opened on a flat note against the US dollar on Friday as recovery of the US dollar from its lows limited the appreciation of the dom...
Sebi extends timeline to Jan 1 for implementing circular on grievances against proxy advisors
New Delhi: Sebi on Thursday extended the timeline to January 1, 2021, for implementation of its circular which said that listed companies may approach...
Audi RS Q8 launched in India
New Delhi: German luxury carmaker Audi on Thursday launched its latest SUV, Audi RS Q8, in India with price starting at Rs 2.07 crore.The Audi RS Q8 i...
GST compensation gap of over Rs.two lakh crore can be met by states in consultation with RBI: Nirmala Sitharaman
States have been given two borrowing options to meet shortfall of GST compensation. After chairing the 41st GST Council meet yesterday, Finance Minist...
Brent crude prices trading around 45 US dollars per barrel
Brent crude prices were trading around 45 dollars and 40 cents per barrel while WTI crude prices were around 43 dollars and 10 cents per barrel in int...
Sensex jumps over 200 points in early trade
Mumbai: The BSE benchmark Sensex jumped over 200 points in early trade on Thursday tracking gains in financial stocks and persistent foreign fund infl...
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