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August 8, 2020 2:43 PM
National Thermal Power Corporation, NTPC, Group has achieved over 100 billion units of cumulative generation in the current financial year. Corporation informed about this feat through a statement today. As per the data published by Central Electricity Authority, 2600 Mega Watt NTPC Korba in Chattis...
August 8, 2020 9:02 AM
India's foreign exchange reserves have surged by a massive 11.938 billion dollars to reach a new all-time high of 534.568 billion dollars in the week ended 31st July 2020. Foreign currency assets, a major part of the overall reserves, increased by 10.347 billion dollars to 490.829 billion d...
August 7, 2020 7:20 PM
The S&P 500 and Dow edged higher yesterday as investors held out for more U.S. government stimulus, but an escalation in Sino-U.S. tensions over TikTok and disappointing quarterly earnings from Ralph Lauren and AIG capped gains. The Dow Jones Industrial Average gained 0.7 percent, the S&am...
August 7, 2020 7:19 PM
August 7, 2020 5:30 PM
Domestic equity benchmarks Sensex and Nifty today ended flat as muted cues from global markets and spiking COVID-19 cases in the country kept investors on the edge. After touching a low of 37,787 during the day, the BSE Sensex settled just 15 points or 0.04 per cent higher at 38,041. Similarly, the...
August 7, 2020 5:27 PM
August 7, 2020 1:30 PM
The Enforcement Directorate (ED) today raided multiple premises in various cities in connection with a money laundering case . It was linked to an alleged corruption in the purchase of 75 Pilatus basic trainer aircraft for the Indian Air Force (IAF) in 2009. AIR correspondent quoting officials, repo...
August 7, 2020 8:39 AM
The Reserve Bank of India (RBI) has announced a loan restructuring window for corporates following demands from bankers and industry. RBI Governor Shaktikanta Das made the announcement yesterday. Last week, Finance Minister Nirmala Sitharaman had said that the government is working with RBI on the n...
August 7, 2020 8:22 AM
RBI has permitted banks to invest in debt instruments through mutual funds or exchange traded funds without allocating additional charges. As per RBI's extant Basel III guidelines, if a bank holds a debt instrument directly, it would have to allocate lower capital as compared to holding the...
August 7, 2020 8:20 AM
The Reserve Bank of India has barred banks from opening current accounts for customers who have availed cash credit or overdraft facilities, with a view to improve credit discipline. In a notification, the Central Bank said, rather than opening a new current account, all transactions should be route...
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Last Updated: 26th Apr 2026
