Business

March 31, 2021 2:54 PM

RBI lowers base rate by 15 basis points at 7.81 %

Various loans offered by Non-Banking Finance Companies (NBFC) and Micro Finance institutes (MFI) are expected to be cheaper from Tomorrow.   Reserve bank of India communicated today that the applicable base rate to be charged as 7.81 per cent. It is lower by 15 basis points (0.15 %) as compared to t...

March 30, 2021 5:24 PM

Asian markets end higher today

Asian markets ended higher today, as investors remained focused on the global vaccination program and shook off worries about a hedge fund default in the US that hit international banking stocks overnight. So, Japan's Nikkei-225 index gained 0.2 percent; China's Shanghai Composite ...

March 30, 2021 2:46 PM

Key indices ended mixed yesterday

On Wall Street, key indices ended mixed yesterday. With the S&P 500 closing nearly flat, Banking shares fell amid warnings of potential losses from a hedge fund's default on margin calls, while optimism over the economy limited the day's declines.   Shares of aircraft-maker...

March 30, 2021 8:48 AM

Govt receives multiple EoI for privatisation of Neelachal Ispat Nigam Ltd

Government has received multiple expressions of interest for privatisation of Neelachal Ispat Nigam Ltd (NINL). In a tweet, Secretary, Department of Investment and Public Asset Management, Tuhin Kanta Pandey said the transaction moves ahead to the second stage, on schedule.   Earlier, the government...

March 27, 2021 4:10 PM

Sensex, Nifty witness fall during week ended on Friday

The Sensex and the Nifty fell during the week ended on Friday. The key domestic stocks declined more than one and half a percent, during the week, amid negative cues from the global markets.   Resurgence of Coronavirus cases in various parts of the country also impacted investor sentiment.   The Sen...

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