Investors won't return if they lose money in primary market: Sinha

Attributing the better performance of recent Initial Public Offers, IPOs, to easier norms, SEBI Chairman, U. K. Sinha today said that retail investors may not invest again if they continuously lose money in the primary market. But the SEBI chief also noted that while data before 2013 shows that more...

Retail inflation rises to 5.41 percent in November

Retail inflation increased to 5.41 percent in November, as prices of vegetables, pulses and fruits increased. The Consumer Price Index (CPI) based retail inflation in October was 5 percent. In November previous year, it was at 3.27 percent. According to government data, overall, consumer food inflat...

Fitch retains India's rating; Says India will continue to have good growth

India will continue to have good growth despite subdued prospect for the Asia Pacific region amid likely increase in US rates, dollar strength, and lower commodity prices, Fitch said while retaining India's rating. Gobal rating agency has retained the India's sovereign rating at BB...

FDI in services rises 20% to $1.46 bn in first half of FY16

The Maharashtra government has constituted a task force under Union Minister of State for Finance Jayant Sinha for setting up an International Financial Service Centre (IFSC) in Mumbai.Mumbai has all the required credentials to become a global financial hub. In order to ensure timely completion of t...

The Maharashtra government has constituted a task force under Union Minister of State for Finance Jayant Sinha for setting up an International Financial Service Centre (IFSC) in Mumbai.Mumbai has all the required credentials to become a global financial hub. In order to ensure timely completion of t...

Cash crop of Darjeeling Oranges adversely affected due to fungus and pests in this winter

In West Bengal, the cash crop of Darjeeling Oranges has been adversely affected due to fungus and pests in this winter. The cost of the Oranges could go high after fungus and pests have destroyed the crops following which the production went down to almost 70 per cent. After visiting the Orange orch...

RBI constitutes a committee to check menace of Chit-fund and various financial irregularities

The Reserve Bank of India, RBI, has set-up a committee to check the menace of Chit-fund and various financial irregularities in the country. This Committee will work in coordination with the State governments regularly. This was stated by the RBI Governor Mr. Raghuram Rajan in a press conference in ...

Supreme Court has sought a response from Maggi noodles manufacturer Nestle India Limited and Maharashtra government on a plea filed by food regulator FSSAI against Bombay High Court's verdict lifting ban and asking the company to go for fresh tests. A bench of Justices Dipak Misra and Prafu...

RBI forms panel to check menace of Chit-fund & various financial irregularities

The Reserve Bank of India has set-up a committee to check the menace of Chit-fund and various financial irregularities in the country. This Committee will work in coordination with the State governments regularly. This was stated by the RBI Governor Mr. Raghuram Rajan, in a press conference in Kolka...