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May 8, 2017 4:52 PM
The country's largest lender, State Bank of India today announced an interest rate cut of upto 25 basis points for affordable housing loans. The new rates will be effective from tomorrow. Under a new government scheme, loans under 30 lakh rupees qualify as affordable housing. For male borro...
May 8, 2017 1:59 PM
Finance Minister Arun Jaitley has said, remonetisation, following the world's largest note ban, has been substantially completed and the move will result in expansion of the tax base in the country. Speaking at an Interactive Session on Indian business environment in Tokyo, Mr. Jaitley said...
May 7, 2017 7:30 PM
ONGC Videsh Limited, the overseas arm of state-owned Oil and Natural Gas Corp, produced a record 12.6 million tonnes of crude oil and equivalent gas from its assets abroad in 2016-17.The company said, the output was up from 8.92 million tonnes of oil and oil equivalent gas in 2015-16.
May 6, 2017 1:53 PM
RBI has made substantial changes in the norms for dealing with stressed loans and warned banks they will be penalised for missing Non-Performing Assets (NPA) resolution timelines.RBI, through a notification, eased the decision making process in the Joint Lenders' Forum and Corrective Action...
May 4, 2017 8:53 PM
The Sensex at the Bombay Stock Exchange surged 231 points, to close at 30,126 today. The Nifty at the National Stock Exchange jumped 48 points, to a fresh record closing high of 9,360,
May 4, 2017 2:07 PM
The domestic stock markets opened with good gains this morning, and after consolidating its gains, the Sensex at the Bombay Stock Exchange had climbed 228 points, or 0(point)8 percent, to 30,123 a short while ago.The Nifty at the National Stock Exchange had climbed 38 points, to 9,350. Stocks rose, ...
May 4, 2017 1:48 PM
Global gold demand declined by 18 per cent during the first quarter of 2017, to 1,034 tonnes. According to the World Gold Council's latest Gold Demand Trends report, the fall was largely because demand in the first quarter last year was exceptionally high.Inflows into Exchange Traded Funds ...
May 4, 2017 1:38 PM
Asian Development Bank (ADB) has said that Indian economy will grow 7(point)4 per cent this fiscal, and 7(point)6 per cent in the next fiscal. India had grown 7.1 per cent in the previous fiscal.ADB Chief Economist Yasuyuki Sawada said that reforms like the Goods and Services Tax and the new bankrup...
May 4, 2017 7:44 AM
Asian Development Bank (ADB) has said that Indian economy will grow 7(point)4 per cent this fiscal, and 7(point)6 per cent in the next fiscal. India had grown 7.1 per cent in the previous fiscal.ADB Chief Economist Yasuyuki Sawada said that reforms like the Goods and Services Tax and the new bankrup...
May 4, 2017 7:26 AM
Asian Development Bank (ADB) has said that Indian economy will grow 7(point)4 per cent this fiscal, and 7(point)6 per cent in the next fiscal. India had grown 7.1 per cent in the previous fiscal.ADB Chief Economist Yasuyuki Sawada said that reforms like the Goods and Services Tax and the new bankrup...
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Last Updated: 8th May 2026
