Abu Dhabi Sold $7 Billion of Bonds to Counter Falling Oil Prices
The emirate of Abu Dhabi said on Sunday it had sold $7 billion of bonds in the third major sale this month by Gulf sovereigns seeking to counter slump...
RBI announces measures to help maintaining liquidity
Reserve Bank of India yesterday announced several regulatory measures. While addressing media, RBI Governor Shaktikanta Das announced to slash the rev...
CBDT refunds over five thousand 204 crore rupees to help MSMEs
CBDT yesterday said that Income tax refunds to over eight lakh small businesses worth over five thousand 204 crore rupees have been issued in the last...
Asia expected to witness zero percent growth in 2020: IMF
Asia is expected to witness zero percent growth in 2020 due to COVID-19 pandemic, its worst growth performance in almost 60 years, the International M...
Centre releases 7,300 crore rupees to States & UTs under MGNREGS
Centre has released 7,300 crore rupees to the States and Union Territories under Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) t...
Sensex drops over 300 points in early trade
Mumbai: Equity benchmark Sensex dropped over 300 points in opening trade on Thursday tracking losses in global markets as investors fretted over risin...
CBDT issues over 10 lakh refunds worth Rs.4,250 crore in a week
Central Board of Direct taxes, CBDT, has processed over 10 lakh refunds worth four thousand 250 crore rupees in a week. These refunds are over and abo...
Monetary policy measures taken by India helped de-freeze market & catalyse credit flows: Nirmala Sitharaman
India stressed the role of Finance Ministers and Central Bank Governors of G20 countries in safeguarding the lives and livelihood of people while main...
Sensex surges over 600 points in opening trade today
Mumbai: Equity benchmark Sensex jumped over 600 points in opening trade on Wednesday tracking gains in index-heavyweights Reliance Industries, ICICI B...
Retail inflation eases to 5.91 in March
Retail inflation slowed to 5.91 per cent in March over the previous month, mainly due to easing food prices as per the government data released today....
Financial markets to remain shut for Ambedkar Jayanti
Mumbai: Domestic equity, commodity, currency and debt markets will remain closed on Tuesday for Dr. Baba Saheb Ambedkar Jayanti.
Procurement of wheat for current Rabi season to begin tomorrow
Wheat procurement by government agencies will start across the country tomorrow. Government has however imposed conditions for enforcing norms of soci...
Top oil producers agree on deal to cut output amid coronavirus crisis
Top oil-producing countries have agreed to cut output in order to boost plummeting oil prices due to the coronavirus crisis and a Russia-Saudi price w...
NIC facilitates record number of digital payments in country during last fortnight
National Informatics Centre (NIC) facilitated a record number of digital payments in the country during the last fortnight. The highest number of arou...
Markets to remain closed for Good Friday
Mumbai: All major financial markets including BSE, National Stock Exchange, bullion, forex and debt markets will remain closed for the day on account ...
Global economy is expected to go into recession in view of COVID-19
In its latest Monetary Policy report, the Reserve Bank of India - RBI has stated that the global economy is expected to go into recession after taking...
Sensex rallies over 900 points in opening trade today
Mumbai: Equity benchmark Sensex soared over 900 points in opening trade on Thursday led by gains in financial, IT and FMCG stocks following rise globa...
Government allows NGOs to buy food grains directly from FCI
Government has allowed Non government organisations to buy food grains directly from Food Corporation of India -FCI. Consumer Affairs Ministry said th...
Govt to issue all pending I-T refunds upto Rs.5 lakh immediately
Government has decided to issue all the pending income-tax refunds up to five lakh rupees immediately. This will benefit around 14 lakh taxpayers.It h...
Sensex drops over 400 points, Axis Bank, RIL top losers
Mumbai: Equity benchmark Sensex dropped over 400 points in opening trade on Wednesday tracking losses in index heavyweights HDFC Bank, Reliance Indust...
SBI cuts savings rate by 25 bps to 2.75 pc
New Delhi: The country's largest lender SBI on Tuesday said it has cut savings rate by 0.25 per cent to 2.75 per cent on all deposits.The new rate wil...
Govt relaxes export curbs on 24 pharma ingredients, medicines
Government has relaxed export curbs on 24 pharma ingredients and medicines including vitamin B1 and B12.Directorate General of Foreign Trade (DGFT) is...
Sensex rallies over 1,300 points in opening session
Mumbai: Equity benchmark Sensex rallied over 1,300 points in early trade on Tuesday led gains in bank, IT and auto stocks amid recovery in global equi...
Markets to remain closed for Mahavir Jayanti
Mumbai: All major financial markets including BSE, National Stock Exchange, bullion forex and debt markets will remain closed on Monday on account of ...
India's foreign exchange reserves rise by 5.65 billion
India’s foreign exchange reserves have surged by $5.65 billion to $475.56 billion in the week ended on 27th of March. A Reserve Bank of India press re...
FCI ensures uninterrupted supply of wheat, rice across country
The Food Corporation of India, FCI is ensuring uninterrupted supply of wheat and rice throughout the country during the lockdown period. Even in this ...
Sensex drops over 400 points in opening session today
Mumbai: Equity benchmark Sensex tumbled over 400 points in early trade on Friday led by losses in banking and auto stocks as investor sentiment contin...
Financial markets to remain closed for Ram Navami
Mumbai: The BSE, National Stock Exchange and currency markets will remain closed on Thursday on account of Ram Navami'.
Global economy could shrink by almost 1% in 2020: UN
United Nations: The global economy could shrink by up to one per cent in 2020 due to the coronavirus pandemic, a reversal from the previous forecast o...
Non-subsidized LPG prices slashed
The price of non-subsidized 14.2 Kg LPG was yesterday slashed by 61 rupees and 50 paise per cylinder in line with a fall in benchmark international ra...
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