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...
GST Council to meet today
The GST Council will meet today with the agenda of compensation for loss of revenue arising from the implementation of GST. The 41st meeting of the GS...
Govt announces PSUs to pay Customs duty later within 14 days
Government has announced a major initiative to allow the Public Sector Undertakings to first clear the goods imported by them through Customs and then...
PNB receives Rs.24.33 cr 1st tranche of recoveries in fugitive Nirav Modi case
Punjab National Bank has received the first tranche of recoveries amounting to Rs 24.33 Crore rupees in fugitive Nirav Modi case related to bank fraud...
RBI projects country's growth rate at (-) 4.5 per cent for 2020-21
The Reserve Bank has projected India's growth rate at (-) 4.5 percent for 2020-21. In its annual report released yesterday, RBI projected global...
2,000 notes were not printed in 2019-20: RBI annual report
MUMBAI : Currency notes of ₹2,000 denomination were not printed in 2019-20 and the circulation of these notes have declined over the years, according ...
Sensex rises over 200 points in early trade
Mumbai: The BSE benchmark Sensex advanced over 200 points in early trade on Tuesday, tracking gains in financial stocks amid largely positive trend in...
Union Bank of India shares jump nearly 6 pc after Q1 earnings
New Delhi: Shares of Union Bank of India on Monday rose nearly 6 per cent after the company reported a standalone net profit of Rs 333 crore in the qu...
Sensex rises over 200 points in opening session
Mumbai: The BSE benchmark Sensex jumped over 200 points in early trade on Monday, led by gains in financial stocks amid firm cues from global markets....
SBI, PNB, BoB may go for share sale this fiscal
New Delhi: As many as five large banks, including SBI, PNB and BoB, are likely to sell shares to institutional investors in the second half of this fi...
Govt activates Aadhaar authentication for new GST registration
Government has activated Aadhaar authentication for new goods and services tax (GST) registration to enhance ease of doing business. For those opting ...
ESIC relaxes norms to pay 50 pct of average wages of three months
The Employees' State Insurance Corporation (ESIC) relaxed norms to pay 50 per cent of average wages of three months as unemployment benefit between Ma...
EPFO adds 8.47 lakh subscribers in April-June
Labour and Employment Ministry yesterday said that the subscriber base of Employees' Provident Fund Organization, EPFO has increased by around eight l...
Sebi proposes to relax minimum public shareholding norms for firms under insolvency
New Delhi: Markets regulator Sebi on Wednesday proposed relaxation in norms pertaining to 25 per cent minimum public shareholding for companies which ...
Mukesh Ambani’s jio and Amazon gear up for an epic India fight
Amazon.com Inc. has begun making forays into everything from grocery delivery and insurance to drugs in India, setting up a monumental clash with Muke...
Sensex jumps over 200 points in opening session
Mumbai: Domestic equity benchmark Sensex jumped over 200 points in early trade on Wednesday tracking positive cues from global markets and persistent ...
Govt considering giving MSME status to dealers: Nitin Gadkari
New Delhi: The government is considering according MSME status to dealers as it will enable them to avail benefits offered to micro, small and medium ...
RBI releases framework for pan-India entity for retail payments
Reserve Bank of India has unveiled the framework for setting up of pan-India Umbrella Entity for Retail Payments. As per the framework, the companies ...
SBI waives off SMS charges for all savings accounts
State Bank of India, SBI has waived off SMS charges in addition to its penalty waiver on non-maintenance of minimum balance for all its Savings Accoun...
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