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June 13, 2020 2:06 PM
The Reserve Bank of India has constituted a five-member Internal Working Group to review the guidelines related to ownership, governance and corporate structure of private sector banks. In a press release, RBI informed that RBI Central Board Director P K Mohanty will head the committee, which will s...
June 13, 2020 9:23 AM
Niti Aayog Chief Executive Officer Amitabh Kant has advised financial technology firms to use vernacular language to expand their reach. Addressing a virtual summit organized by industry body CII in Mumbai yesterday, Mr. Kant said fintech companies risk alienating audiences and losing steam if they ...
June 12, 2020 8:34 PM
Finance Minister Nirmala Sitharaman has said that no late fees will be levied on registered entities with Nil GST return filing between July 2017 and January 2020. Briefing the media after the 40th GST meeting in New Delhi today, Ms Sitharaman said, maximum late fee for non-filing of monthly GST sal...
June 12, 2020 6:47 PM
U.S. stocks slumped yesterday with the Dow shedding around seven per cent and the index on track for its sharpest one-day decline since 18th March. US stocks fell as investors fretted over a resurgence in coronavirus infections and a grim economic outlook from the Federal Reserve. The Dow Jones pl...
June 12, 2020 6:45 PM
June 12, 2020 6:22 PM
The rupee today settled five paise lower at 75 rupees and 84 paise against the US dollar as volatile domestic equities and foreign fund outflows weighed on investor sentiment. Forex traders said risk appetite has waned and there is growing concern about a resurgence of COVID-19 infections.
June 12, 2020 6:21 PM
June 11, 2020 6:57 PM
Gold prices jumped 477 rupees to 48,190 rupees per 10 gram in the national capital. The precious metal had closed at 47,713 rupees per 10 gram. Silver prices rose by 26 rupees to 49,868 rupees per kg.
June 11, 2020 2:30 PM
The Union Government has constituted an Empowered Group of Secretaries headed by Cabinet Secretary to facilitate investment in the country. The empowered group will assist investment in key sectors of the economy by identifying potential investors. It will also recommend sector-specific and geograph...
June 11, 2020 1:49 PM
Finance Minister Nirmala Sitharaman today said, the Public Sector Banks have disbursed 12,200 crore rupees to the States and Union Territories so far. She also said, PSBs have sanctioned loans worth 24 thousand 260 crore rupees under the 100 per cent Emergency Credit Line Guarantee Scheme including ...
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Last Updated: 27th Apr 2026
