Swift action has been taken for restructuring of Yes Bank: RBI Governor
Reserve Bank of India Governor Shakitikanta Das yesterday said that swift action has been taken by the RBI in coordination with Govt of India fo...
Investments in Yes Bank aimed at maintaining financial stability in system, not RoI: SBI chief
State Bank of India Chairman Rajnish Kumar on Monday said investments by banks in crippled Yes Bank are being made to maintain financial stability in ...
Samsung Galaxy Z Flip set to be available on Amazon India
Gurugram: Samsung on Monday said its Rs 1.10-lakh Galaxy Z Flip foldable smartphone will be available on Amazon from Tuesday.The phone was earlier mad...
Asian stock markets, US future sink after Federal Reserve rate cut
Beijing: Asian stock markets and U.S. futures fell Monday after the Federal Reserve slashed its key interest rate to shore up economic growth in the f...
Sensex tanks over 2,000 points in global equity carnage
Mumbai: Equity benchmark Sensex plummeted over 2,000 points and the Nifty gave up the 9,400 level in opening session on Monday after the Federal Reser...
US Federal Reserve slashes key interest rate to almost zero
The US Federal Reserve slashed the key interest rate to virtually zero in response to the growing economic impact of the New Coronavirus.The Fed made ...
Moratorium on Yes Bank to be lifted on March 18
New Delhi: The government has notified the Yes Bank reconstruction scheme as per which the moratorium on the troubled private sector lender will be li...
India's forex reserves rise to 487.23 bn
India's foreign exchange swelled by 5.69 billion US dollars to reach an all-time high of 487.23 billion dollars in the week ended 6th March 2020. An R...
Sensex, Nifty plummet over 10 pc in manic selloff
Mumbai: Equity benchmark Sensex plummeted over 3,200 points and the broader Nifty sank near 8,600 level, hitting their lower circuit limits, in openin...
Rupee slips 16 paise to 74.44 against US dollar
Mumbai: The Indian rupee fell by another 16 paise to 74.44 against the US dollar as financial markets around the globe continued to feel jitters of co...
SBI accounts: Monthly balance maintenance waived off
Mumbai: State Bank of India (SBI) announced on Thursday that it has decided to waive maintenance of Average Monthly Balance (AMB) for all savings acco...
Rupee sinks below 74 USD level in early trade
Mumbai: The Indian rupee plunged 82 paise to 74.50 against US dollar in opening trade on Thursday after the World Health Organization declared the new...
Sensex nosedives over 1,800 points amid global selloff
Mumbai: Equity benchmark Sensex plummeted over 1,800 points and the broader Nifty gave up the 10,000 level in opening session on Thursday as worsening...
SBI reduces MCLR by up to 15 bps across tenors
The country’s largest lender State Bank of India (SBI) on Wednesday said it has reduced its marginal cost of fund-based lending rate (MCLR) by up to 1...
FDI inflows recorded highest ever for fiscal year 2018-19
The total Foreign Direct Investment (FDI) inflow was over 318 billion US dollars between 2014 and September 2019 representing nearly 50 percent of the...
Sensex rebounds over 300 points
Mumbai: Equity benchmark Sensex rallied over 300 points in opening session on Wednesday led by gains in Reliance Industries, ICICI Bank and HDFC amid ...
Tokyo's key Nikkei index down 3 percent in early trade
Tokyo: Tokyo’s key Nikkei index dropped three per cent in early trade on Tuesday following a blistering sell-off on Wall Street sparked by a crash in ...
Sensex posted its biggest single day loss
At the stock markets, both the key indices posted its biggest single day losses yesterday; while the rupee depreciated modestly, against the dollar.Th...
Asian markets plunge amid coronavirus fears & fall in oil prices
Equity markets collapsed today as the rapidly spreading coronavirus fans fears over the global economy, while a crash in oil prices added to the panic...
Reliance Industries sees worst day in over 10 years amid crude oil price crash in global markets
The shares of companies in the crude oil business fell sharply after the crude oil crashed in the international markets on Monday. Reliance Industries...
Rupee down 16 paise against US dollar in early trade
Mumbai: The Indian rupee continued its downward journey on Monday, sliding another 16 paise to 74.03 against the US dollar in opening trade, tracking ...
Yes Bank scam: CBI carries out searches at 7 locations
New Delhi: The CBI carried out searches at seven locations on Monday in connection with the Yes Bank scam pertaining to the Rs 600 crore alleged bribe...
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Sensex nosedives over 1,500 points on global equity rout
Mumbai: Equity benchmark Sensex plummeted over 1,500 points in opening session on Monday led by deepening rout in global markets amid volatility due t...
UN economists forecast drop of up to 15% in FDI worldwide
The rapid spread of the deadly Novel Corona virus is expected to take a serious toll on foreign direct investments worldwide, with UN economists forec...
Oil prices plunge about 20%
The price of crude oil has plunged by more than 20 percent after Saudi Arabia, the world’s top oil exporter, said it would step up production from nex...
RBI assures safety of bank deposits in wake of Yes Bank crisis
The Reserve Bank of India (RBI) has assured depositors that there is no concern regarding the safety of their deposits in any bank. The Reserve Bank o...
Samsung to launch Galaxy M21 with 48MP camera on March 16
New Delhi: Samsung is readying for the launch of its next Galaxy M smartphone in India, Galaxy M21, on March 16.The highlight of Galaxy M31 will be it...
RBI ready to intervene in whatever way required to respond to coronavirus challenges: Governor Das
Reserve Bank governor Shaktikanta Das on Friday assured that the central bank will take every measure needed to secure the economy against the challen...
Sensex nosedives over 1,400 points on global carnage
Mumbai: Equity benchmark Sensex plummeted over 1,400 points in opening session on Friday led by massive selloff in global stocks as volatility peaked ...
Yes Bank placed under moratorium
Mumbai: In a rare move, capital-starved Yes Bank was on Thursday placed under a moratorium, with the RBI capping deposit withdrawals at Rs 50,000 per ...
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