Business

October 28, 2018 9:23 PM

FPIs pull out INR 35,600 crore from Indian capitals market in October so far

Foreign investors pulled out 35,600 crore rupees from the Indian capital markets this month. The outflow is higher than 21,000 crore rupees withdrawn in September. Prior to that, overseas investors had invested 7,400 crore rupees in the capital markets (both equity and debt) in July-August period. A...

October 28, 2018 5:52 PM

SMEs raise INR 1281 Cr through initial share-sales in April-September period

Small and medium enterprises (SMEs) raised 1,281 crore rupees through initial share-sales in April-September period of the current fiscal, registering a nearly two fold jump from the year-ago period. A total of 74 companies got listed with initial public offers (IPOs) worth 1,281 crore rupees in the...

October 27, 2018 6:08 PM

Sixth phase of electoral bonds sale to kick off from Nov 1

The sixth phase of the sale of electoral bonds will begin from Thursday which will continue till November 10.  Electoral bonds are being pitched as an alternative to cash donations made to political parties.  The scheme is a part of efforts to bring transparency in political funding.  The Finance Mi...

October 27, 2018 5:15 PM

BEL registers 35% growth in 2nd quarter of current financial year

Bharat Electronics Limited, BEL, the Navratna Defence Public Sector Undertaking, has registered a growth of about 35 per cent in 2nd quarter of the current financial year.  Defence Ministry in a release said, BEL has achieved a robust growth in turnover and consequently recorded a healthy growth in ...

October 25, 2018 6:06 PM

Australia evinces interest in direct non-stop flights from India to Perth

Western Australia has evinced interest in direct non-stop flights from India to Perth. Western Australian Tourism Minister Paul Papalia said in New Delhi today that this would strengthen ties between his state and India. After discussing the matter with Minister of State for Civil Aviation Jayant Si...

October 25, 2018 5:13 PM

Govt clears five more rice mills for exporting non-basmati rice to China

The government has cleared five more rice mills for exporting non-basmati rice to China. With this, the number of Indian mills exporting rice to China goes up to 24.  China buys over five million metric tonnes of rice from India.  India also intends to export sugar to China to bridge the trade defic...

October 23, 2018 12:13 PM

Rupee weakens 23 paise to 73.79 against US dollar in early trade

The rupee depreciated 23 paise to 73 rupees 79 paise against the US dollar in early trade today as the American currency strengthened overseas.  The benchmark Sensex fell 193 points to 33,941 in the opening trade today.  The NIFTY fell 67 points to 10,179 a short while ago.

Most Read

View All arrow-right

No posts found.