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April 24, 2019 9:16 PM
Based on the recommendation of second Narasimham Committee, the Reserve Bank has divested its entire stake in National Housing Bank (NHB) and the National Bank for Agriculture and Rural Development (NABARD). In a press release issued from Mumbai on Wednesday, RBI has said that it sold the entire sta...
April 17, 2019 8:37 AM
The Reserve Bank of India has put into circulation 50 rupees denomination banknotes signed by its Governor Shaktikanta Das. The RBI in Mumbai yesterday said the design of these notes is similar in all respects to 50 banknotes in Mahatma Gandhi new series. It said that all banknotes in the denominati...
April 14, 2019 1:56 PM
Foreign investors have pumped in a net sum of 11,096 crore rupees into the Indian capital markets in April so far, driven by global and domestic factors. Foreign portfolio investors (FPI) were net buyers for the previous two months as well, infusing a net sum of 11,182 crore rupees in February and ...
April 12, 2019 7:29 PM
Retail inflation saw a marginal rise of 2.86 per cent in March this year on account of increase in prices of food articles and fuel. According to the data released today by the Ministry of Statistics and Programme Implementation, the inflation based on the Consumer Price Index was 2.57 per cent in ...
April 11, 2019 7:59 AM
The government has retained the interest rate for General Provident Fund (GPF), Contributory Provident Fund and other related schemes at 8 per cent for the first quarter of current financial year. The interest rate on these funds was at 8 per cent in January-March quarter of 2018-19 and government ...
April 11, 2019 7:58 AM
Finance Ministry has extended last date for filing final sales return for March till April 13. In a notification, Central Board of Indirect Taxes and Customs said, the extension of due date for filing sales return came after businesses complained of some issues in the GSTR-1 form while filling the f...
April 10, 2019 4:04 PM
Benchmark indices ended lower tracking negative global cues after IMF cut global growth estimate to 3.3 per cent for this year, amid doubts over US-China trade talks and Brexit outcome. The Sensex at the Bombay Stock Exchange slumped 354 points, or 0.9 per cent, to end at 38,585. The Nifty at the N...
April 10, 2019 2:01 PM
The State Bank of India has re-priced home loans up to Rs 30 lakh by 10 basis points. Accordingly, the interest rate on housing loans of such size will now be in the range of 8.6 to 8.9 per cent. The bank has also lowered its lending rates by a nominal five basis points across all tenors. In a s...
April 9, 2019 8:40 AM
Reserve Bank of India(RBI) has come out with guidelines for banks to set up new currency chests, which include minimum area of 1,500 square feet for strong room. The RBI said that the new chests should have a processing capacity of 6.6 lakh pieces of banknotes per day. It added that for those situa...
April 6, 2019 8:45 AM
Senior US Treasury official David Malpass has been selected as President of the World Bank. The World Bank's executive board unanimously selected 63-year-old Malpass as the bank's 13th President for a five-year term last night. The World Bank President is Chair of Boards of Direct...
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Last Updated: 29th Apr 2026
