Sensex rebounds 120 points on Asian cues
The benchmark BSE Sensex rebounded over 120 points and the NSE Nifty regained the 8,100-mark in the opening trade today on value-buying in select blue...
PNB Housing Finance Q2 net up 78 percent
PNB Housing Finance on Tuesday reported a rise of 78.3 per cent in net profit at Rs 137.65 crore for the quarter ended September 30, 2016.Its net prof...
Sensex down 49 points on US rate hike hints
Extending losses for the fifth session, the Sensex fell over 49 points in early trade today on sustained foreign capital outflows after hints of rate ...
Mandatory to quote PAN for Rs.2.5 lakh deposits: Finance Ministry
The government today said, quoting of PAN is mandatory for cash deposits aggregating to 2 lakh 50 thousand rupees or more in bank accounts and it is a...
Several banks slash FD rates by upto 1% after surge in deposits
Several banks have slashed their Fixed Deposit rates by up to 1 per cent after the surge in deposits following demonetisation.Canara Bank announced lo...
Sensex rebounds 134 points in early trade today
The BSE benchmark Sensex rebounded over 134 points in early trade today, after a three-session fall, on fresh buying by investors despite subdued Asia...
SBI has not written-off Kingfisher's loans: Arun Jaitley
Finance Minister Arun Jaitley on Wednesday said that Rs 1,200 loans to Vijay Mallya’s defunct Kingfisher Airlines were not written off by State Bank o...
Banks deposit to see sharp decline as withdrawl norms ease: Moody's
With an estimated about Rs 4 lakh crore coming into the banking system within a week of demonetisation, Moody's Investors Service today said the trend...
I-T department notices to charitable, religious organisations
The Income Tax department has issued notices to hundreds of charitable and religious organisations in the country enjoying tax exemption.The organisat...
Customer PAN must for deposit exceeding Rs.50,000: RBI
RBI has asked banks to ensure that customers submit a copy of permanent account number (PAN) card for any cash deposit exceeding 50,000 rupees, if it ...
Sensex surges 317 points in early trade on key macro data
The benchmark Sensex rebounded almost 317 points to 26,621.40 and the broader Nifty reclaimed the 8,200-mark in early trade today on account of positi...
WPI inflation dips to 3.39% in October
Falling for the second straight month, wholesale price inflation eased to 3.39 per cent in October this year against 3.57 percent in September and min...
March 2017 deadline for bank clean up still stands: RBI Dy.Governor
RBI’s deputy governor N S Vishwanathan has reiterated that March 2017 still stands as the deadline for banks to clean up their balance sheets. Speakin...
Petrol prices cut by Rs.1.46/ litre,diesel price cut by Rs.1.53/ litre
Petrol price has been slashed by one rupee 46 paise per litre, while diesel price by one rupee 53 paise a litre excluding state levies the new rate ca...
Rupee tumbles 42 paise against U.S.dollar
The rupee was trading 42 paise lower at 67.67 against the U.S. dollar in early trade on Tuesday.On Friday, the rupee lost 62 paise to end at over thre...
Sensex crashes 344 points on capital outflows
The benchmark BSE Sensex crashed by over 344 points and the NSE Nifty dipped below 8,200-mark in early trade today as investors engaged in cutting dow...
FDI in services sector jumps to $5.3 billion during April-Sept
FDI inflows into the services sector jumped over two-and-a-half times, to 5.3 billion dollars in the April to September period of the current fiscal.T...
MFs folio count rises 36 lakh in April-October to record 5.13 crore
Driven by addition in equity fund folios, mutual fund houses registered a surge of more than 36 lakh investor accounts in the first seven months of th...
RBI directs banks to waive ATM charges till Dec 30
Reserve Bank of India has directed banks to waive off ATM charges on all transactions at own banks as well as others till December 30.In a late night ...
Govt relaxes cash withdrawl norms
The government relaxed cash withdrawal norms from banks on Monday in a bid to help the rural poor and small businesses that are hit the hardest follow...
Banks closed today
With banks closed in many parts of the country, cash-strapped people started making beeline outside ATMs from early morning but with limited success a...
Rs.500 and Rs.1,000 notes valid till Nov 24
Economic Affairs Secretary Shaktikanta Das on Monday announced that the now-defunct currency would be accepted at government hospitals, petrol station...
Tata-Mistry row intensifies
The Tata-Mistry feud flared up yesterday, with the ousted chairman Cyrus Mistry rebutting allegations of "drifting away" Tata companies during his ten...
Govt launches new Rs.500 notes
The government has introduced the new series of 500 rupees denomination notes at the SBI Parliament Street Branch in New Delhi for the convenience of ...
Singles Day: Alibaba breaks record sales total
E-commerce giant Alibaba has beaten its sales record for its annual Singles Day event.The company said sales this year had reached 121bn yuan ($18bn; ...
Industrial production grows at 0.7 percent in September
The country's industrial production grew point 7 percent in September this year, year-on-year, mainly due to poor performance by the manufacturing, ...
ED seizes fresh assets of Vijay Mallya worth nearly Rs.1.600 crore
Enforcement Directorate (ED) has seized fresh assets of Industrialist Vijay Mallya, worth nearly Rs 1,600 crore, in connection with a money launderi...
Audi launches new RS 7 in India
German luxury car manufacturer Audi today launched its new Audi RS 7 Performance in India priced at Rs 1.6 crore (ex-showroom Delhi). The car is power...
Sensex crashes 413 points on profit-booking
BSE Sensex crashed nearly 413 points and NSE Nifty cracked below the 8,400-mark in early trade today on profit-booking at higher levels and foreign ca...
Rs.1,000 currency notes to be back soon: Centre
The Union government plans to re-introduce Rs 1,000 currency note with a new design and additional security features once the dust settles on the deci...
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