Rupee slips 32 paise against US dollar
Mumbai: The Indian fell 32 paise to 75.21 against the US dollar in opening trade on Monday, as investors braced for a prolonged period of uncertainty ...
Bank of India reduces lending rate by 75bps
Bank of India, yesterday, said it has reduced the lending rate linked to external benchmark by 75 basis points, to 7.25 percent, effective April 1.&nb...
Loans and EMIs to be cheaper as SBI to cut repo rate by 75 basis points
State Bank of India, SBI on Friday said that it has decided to pass on the entire 75 basis points repo rate cut announced by the Reserve Bank of India...
Repo rate reduced by 75 points to 4.4 per cent: RBI Governor
Mumbai: Reserve Bank of India Governor Shaktikanta Das announced a reduction in the repo and reverse repo rate on Friday.“The repo rate has been reduc...
Central Provident Fund Commissioner asks field offices to credit pension by March 30
Central Provident Fund Commissioner (CPFC) has directed the link nodal branches of all pension disbursing banks throughout the country to ensure credi...
Moody's slashes India GDP growth in 2020 to 2.5 pc
New Delhi: Moody's Investors Service on Friday slashed its estimate of India's GDP growth during 2020 calendar year to 2.5 per cent from an earlier es...
Sensex rallies over 1,100 points in early trade
Mumbai: Equity benchmark Sensex surged over 1,100 points in opening session on Friday led by gains in banking stocks ahead of Reserve Bank Governor Sh...
Government to temporarily suspend the collection of toll
In view of Covid-19 outbreak, Government has ordered to temporarily suspend the collection of toll at all toll plaza across the country. In a tweet, R...
Sensex surges over 700 points in opening session today
Mumbai: Equity benchmark Sensex jumped over 700 points in opening session on Thursday led by gains in HDFC twins, Infosys, ICICI Bank and Axis Bank am...
Officials take stock of LPG operations to ensure uninterrupted supply of LPG: Dharmendra Pradhan
Petroleum Minister Dharmendra Pradhan along with senior officials of his Ministry yesterday took stock of LPG operations to ensure uninterrupted suppl...
Economic Task Force to soon announce economic relief package: Nirmala Sitharaman
The Government has announced a slew of measures to provide relief to people and business community by relaxing the compliance and regulatory norms in ...
Reserve Bank's US treasury holdings touch an all-time high at $164.3 billion
Mumbai: The Reserve Bank, which has been snapping up greenbacks in the past two years, has also been lapping up US treasury bills and the holdings tou...
Govt bans export of all ventilators, sanitizers
In its efforts to fight the COVID-19 pandemic, Government has prohibited the export of all ventilators, including any artificial respiratory apparatus...
FM announces several measures to provide relief in wake of COVID-19 outbreak
Finance Minister Nirmala Sitharaman has announced several measures to provide relief to the people and business communities in the wake of COVID-19 ou...
SBI opens emergency credit line to meet any liquidity mismatch for its borrowers
Amid businesses getting affected due to the novel coronavirus pandemic, the country's largest lender State Bank of India has opened an emergency credi...
Rupee tanks 95 paise, falls below 76 against US dollar in early trade
Mumbai: The Indian rupee slipped further by 95 paise to 76.15 against the US dollar in opening trade on Monday amid sharp rise in coronavirus cases in...
Sensex plunges over 2700 points
Mumbai: Equity benchmark Sensex plummeted over 2,700 points in opening session on Monday as global stocks resumed their free fall amid coronavirus-led...
RBI to inject Rs.30,000 cr liquidity into market next week
The Reserve Bank of India (RBI) will inject liquidity of Rs 30,000 crore through open market operations next week to maintain financial stability in t...
Nokia launches future-proof 5G smartphone
New Delhi: HMD Global, the maker of Nokia phones, has launched Nokia 8.3, a 5G smartphone that would feature in the upcoming James Bond movie “No Time...
Rupee recovers 34 paise against US dollar
Mumbai: The Indian rupee recovered 34 paise to trade at 74.78 against the US dollar in early deals on Friday following dollar selling by exporters.The...
Fitch cuts India growth forecast to 5.1% for FY'21
Fitch Ratings on Friday cut India's growth forecast to 5.1 per cent for FY 2020-21, saying the coronavirus outbreak is likely to hit business investme...
Govt eases import restrictions for certain chemicals, aviation gasoline
The government has removed import restrictions on certain chemicals including zinc dross, light, heavy and full range naphtha.The Directorate General ...
RBI extends Rs 60,000 crore credit line to Yes Bank
New Delhi: To tide over liquidity issue, the Reserve Bank of India (RBI) has extended Rs 60,000-crore credit line to Yes Bank so that it meets the obl...
Rupee plunges 70 paise to 74.96 against US dollar
Mumbai: The Indian rupee plunged 70 paise to 74.96 against US dollar in early trade on Thursday as investors fretted over the sharp rise in coronaviru...
Sensex plummets over 2,100 points in opening session
Mumbai: Equity benchmark Sensex plummeted over 2,100 points and the Nifty gave up the 7,900 level in opening session on Thursday as global gloom over ...
Rupee rises 32 paise against US dollar in early trade
Mumbai: The Indian rupee appreciated by 32 paise to 73.92 against the US dollar in early trade on Wednesday tracking positive opening in domestic equi...
Sensex starts over 500 points higher in opening session
Mumbai: Equity benchmark Sensex surged over 500 points in opening session on Wednesday as global markets turned positive on hopes of stimulus packages...
Complete operational normalcy in Yes Bank to be restored today
Yes Bank CEO-designate Prashant Kumar has assured customers that complete operational normalcy will be restored from 6 PM today. Stating that the...
Rupee rises 25 paise against US dollar
Mumbai: The Indian rupee appreciated by 25 paise to 74 against the US dollar in early trade on Tuesday tracking positive opening in domestic equities ...
Sensex jumps nearly 500 points in early trade today
Mumbai: Equity benchmark Sensex jumped nearly 500 points in early trade on Tuesday amid value-buying in recently-hammered stocks even as investors fre...
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