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January 8, 2014 11:17 AM
Recommending sweeping changes in the banking structure, an RBI panel has suggested setting up of specialised banks to cater to low income households to ensure that all citizens have bank accounts by 2016. It also suggested that facility for withdrawal, payment and deposit should be set up within a 1...
January 8, 2014 10:43 AM
The benchmark BSE Sensex recovered over 79 points to 20,773 in early trade today on the back of gains in realty, consumer durable, healthcare and auto stocks amid a firming Asian trend. All sectoral indices were trading in the positive zone with a gain of up to 0.68 per cent.Similarly, the National ...
January 8, 2014 10:38 AM
Rupee gained 14 paise to 62.16 against the dollar in early trade today at the Interbank Foreign Exchange market on selling of the US currency by exporters and banks.Besides, strengthening of the euro against the dollar overseas also supported the rupee.The rupee had closed one paisa higher at 62.30 ...
January 8, 2014 9:51 AM
India and Korea will discuss about cooperation and direction of bilateral collaboration during the 4th India-South Korea Finance Ministers meeting in New Delhi today. Discussions will take place under multi-lateral framework including the G20 and East Asia Summit. The two sides will also discuss iss...
January 8, 2014 9:43 AM
The American bank, JP Morgan Chase, has agreed to pay 1.7 billion dollars to victims of the convicted fraudster, Bernard Madoff following a settlement with US prosecutors.The settlement comes after Federal prosecutors accused the bank of ignoring red flags about Madoff's crimes. The Bank ad...
January 8, 2014 9:19 AM
A team of the 14th Finance Comission is visiting Ranchi on a two day tour from today to assess the needs of Jharkhand. The team includes Chairman of the Commission Dr. Y B Reddy and five Members of the Commission. Our Ranchi Correspondent reports that the Central team will meet representative member...
January 8, 2014 9:17 AM
India and Korea will discuss about cooperation and direction of bilateral collaboration during the 4th India-South Korea Finance Ministers meeting in New Delhi today. Discussions will take place under multi-lateral framework including the G20 and East Asia Summit. The two sides will also discuss iss...
January 7, 2014 6:59 PM
Economic Affairs Secretary Arvind Mayaram has said that restrictions on gold imports are likely to continue until March-end despite an improvement in the current account deficit. Mr. Mayaram said that the need is to keep the current account deficit low, as it affects the rupee. Asked if the restrict...
January 7, 2014 5:14 PM
Falling for the fifth day in a row, the Sensex at the Bombay Stock Exchange dropped 94 points, or 0.5 percent, to close at 20,693, today. The Nifty at the National Stock Exchange fell 29 points, or 0.5 percent, to 6,162.
January 7, 2014 1:59 PM
Erasing all its initial gains, the Sensex at the Bombay Stock Exchange stood 90 points, or 0.4 percent in negative territory, at 20,697 in afternoon trade, a short while ago, amid continued selling by foreign funds. Earlier in the morning, however, the Sensex had gained 76 points, or 0.4 per cent to...
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Last Updated: 28th Jun 2026
