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August 27, 2018 8:05 AM
Finance Minister Arun Jaitley has said that the Indian economy has undergone a transformation ever since the NDA came to power in 2014, as borne out by the IMF report. He said, in the last 4 years, decisiveness has led to easier decision making and made the economy stand out amongst several other co...
August 25, 2018 8:30 AM
State Bank of India today said it has 'set its house in order' and the credit growth is expected to see 10 per cent growth by the end of the current fiscal. Speaking at a press conference in Hyderabad, SBI Chairman Rajnish Kumar also said the bank is in the process of recruiting 8,...
August 21, 2018 8:51 AM
No ATM will be replenished with cash after 9 PM in cities and 6 PM in rural areas from next year. In a notification, Home Ministry said the deadline for putting money in the ATMs located in Naxal-hit areas is 4 PM. It said private cash handling agencies must collect money from the banks in the firs...
August 15, 2018 6:05 PM
Union Minister Arun Jaitley today said, India has comfortable foreign exchange reserves to deal with any undue volatility in the currency market. Mr Jaitley's reaction came, a day after the Indian currency hit an all-time low of 70.1 to a US dollar. In a series of tweet, Mr Jaitley said, r...
August 14, 2018 8:39 PM
Rupee at forex market closed four paise up at 69 rupees and 90 paise against the dollar from yesterday's lifetime low close. Yesterday it nosedived due investors rush to safe-havens such as the US dollar, Swiss franc and the yen after a plunge in the Turkish Lira. Yesterday, all other emerg...
August 14, 2018 1:56 PM
Wholesale inflation eased to 5.09 per cent in July on account of cheaper food articles, especially fruits and vegetables, government data showed today. The Wholesale Price Index based inflation was recorded at 5.77 per cent in June. Commere and Industry Ministry data showed the wholesale inflation...
August 13, 2018 1:54 PM
The Securities and Exchange Board of India (SEBI) has come out with a list of as many as 1,677 entities, including individuals, who failed to pay penalties imposed by the market regulator till the end of May. The violations pertain to providing unregistered portfolio management services, failure to ...
August 13, 2018 8:27 AM
According to data released by Reserve Bank, the apex bank continued to remain net seller of the US currency for the third consecutive month in June this year, after it sold USD 6.184 billion of the US dollar in the spot market. In this month, RBI bought USD 4.020 billion of the US dollar, while sold...
August 12, 2018 9:07 AM
Union Science and Technology Minister Harsh Vardhan has said that the research of National Institute of Animal Biotechnology (NIAB), Hyderabad would contribute towards increase the income of farmers. He was talking to reports after inaugurating the new campus of the Institute yesterday. He apprecia...
August 6, 2018 12:14 PM
Sensex today jumped over 200 points to record a new high of 37,805 in early trade. Nifty also breached the 11,400 mark. The sensex was trading 181 points up to 37,737, a short while ago. Nifty was also trading 40 points in green to 11,401.
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