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August 14, 2015 8:34 PM
Making it easier for start-ups to raise funds, regulator SEBI today notified a new set of listing norms for new age entities, including e-commerce ventures, on a separate platform of domestic stock exchanges. The new norms provide significant relaxations in the disclosure requirements, while SEBI ha...
August 14, 2015 7:56 PM
Deflationary trends continued for the ninth month in a row in July with wholesale inflation plunging to a low of minus 4.05 per cent on cheaper vegetable and fuel. The WPI number follows retail inflation (CPI) data, which had slipped to a record low of 3.78 per cent in July. Government data showed t...
August 14, 2015 6:01 PM
U.S. crude oil fell to an almost 6-1/2 year low of 41.35 dollars a barrel, today, before recovering to 42.13 dollars a barrel, down 10 cents on the day. US crude fell as huge stockpiles and refinery shutdowns heightened concerns about global oversupply, and amid worries about the Chinese economy. Br...
August 14, 2015 3:08 PM
The domestic stock markets rose strongly, with the Sensex at the Bombay Stock Exchange consolidating initial gains, and surging 503 points, to 28,052 in afternoon trade. Similarly, the Nifty at the National Stock Exchange had spurted 158 points, to 8,514 a short while ago. The Chinese stock market h...
August 14, 2015 3:07 PM
The domestic stock markets rose strongly, with the Sensex at the Bombay Stock Exchange consolidating initial gains, and surging 503 points, to 28,052 in afternoon trade. Similarly, the Nifty at the National Stock Exchange had spurted 158 points, to 8,514 a short while ago. The Chinese stock market h...
August 14, 2015 1:06 PM
Reserve Bank of India has asked all banks to provide interest concession of 2 per cent on short term crop loans of up to 3 lakh rupees. In a notification issued from Mumbai yesterday, the RBI said that interest subvention of 2 per cent per annum will be made available to public and private sector ba...
August 14, 2015 1:02 PM
Reserve Bank of India has asked all banks to provide interest concession of 2 per cent on short term crop loans of up to 3 lakh rupees. In a notification issued from Mumbai yesterday, the RBI said that interest subvention of 2 per cent per annum will be made available to public and private sector ba...
August 14, 2015 1:01 PM
U.S. crude oil prices fell 27 cents, to an over 6-year low of 41.96 dollars a barrel, as rising U.S. stockpiles added to concerns about oversupply and a demand slump. Brent crude oil futures were trading almost flat, at 49.23 dollars a barrel. A weaker Chinese yuan also put downward pressure on oil ...
August 14, 2015 11:27 AM
Chinese shares rose today as the central bank set the reference rate for the yuan slightly stronger. The bank set the rate at 6.3975 per dollar compared to yesterday's close of 6.3982. The rate is set daily and allows a 4 per cent fluctuation, over the past week. The bank had guided the yua...
August 14, 2015 9:07 AM
Chief Economy Advisor,CEA Arvind Subramanian said the India's real credit growth has started picking up. His remarks came after the indirect tax receipts jumped nearly 40 per cent provisionally to over Rs 567 billion. Talking to the reporters in New Delhi , Mr Subramanian said that higher i...
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