SEBI seeks details of investments from China into Indian stock markets
Apr 16, 2020, at 06:46 pm
Mumbai/IBNS: The Securities and Exchange Board of India (SEBI) has sought information from the custodians on details of Chinese investments or money routed through the country into Indian stock markets, said a Mint report.
SBI waives ATM transaction charges
Apr 16, 2020, at 05:10 pm
Mumbai/IBNS: India's largest bank State Bank of India (SBI) has waived charges for its customers on all transactions made on SBI ATMs and other bank ATMs, after exceeding free transactions, till June 30.
Sugar prodcution in India drops as of April this year compared to same period last year
Apr 16, 2020, at 04:15 pm
New Delhi/IBNS: Sugar mills across India have produced 247.80 lakh tonnes of sugar as of April 15, 2020, which is nearly 64 lakh tonne less compared to 311.75 lakh tonnes produced at the same time last year, according to a press release by Indian Sugar Mills Association (ISMA), a group consisting of stakeholders of the country's sugar industry.
Indian exports and imports nosedive in March
Apr 16, 2020, at 12:43 am
New Delhi/ IBNS: Indian exports and imports declined by record volumes in March, as countries across the world sealed their borders to fight the COVID-19 outbreak.
Income Tax Dept issues 10.2 lakh refunds worth Rs 4,250 crores in one week
Apr 15, 2020, at 11:00 pm
New Delhi/IBNS: The Income Tax department has released 10.2 lakh refunds worth Rs 4,250 crores in a week's time, the Central Board of Direct Taxes (CBDT) said on Wednesday.
The Bengal Chamber adopts two south Kolkata markets to hold sanitisation drives
Apr 15, 2020, at 08:57 pm
Kolkata/IBNS: Kolkata-based Bengal Chamber of Commerce and Industry adopted two markets of Kolkata for sanitisation drives to contain the spread of the Covid-19 pandemic in the city.
Latest OpenSignal Mobile Experience Report ranks Vodafone Idea as a leader in key parameters
Apr 15, 2020, at 07:58 pm
Mumbai/IBNS: Vodafone Idea Limited (VIL) in a press release said that the latest biannual mobile network experience report by Opensignal, has ranked the company as a leader across key parameters such as Download speed, Upload speed and Video experience.
Apr 15, 2020, at 05:29 pm
New Delhi/IBNS: Job searching website Monster has added a new feature to help recruiters in taking the advantage of the growing interest in work from home jobs due to the novel coronavirus COVID-19 outbreak.
Indian Rupee down by 17 paise against USD
Apr 15, 2020, at 04:54 pm
Mumbai/UNI: The Rupee on Wednesday slipped by 17 paise to end negative at 76.44 on rising demand for US Dollar by bankers and importers, dealers at the forex market informed.
Indian Market: Sensex down 310.21 pts
Apr 15, 2020, at 04:53 pm
Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Wednesday slipped by 310.21 points to settle at 30,379.81 on worries over economic downturn due to extension of nationwide lockout.
USFDA clears manufacturing plants of India's leading drug companies in 10 days
Apr 15, 2020, at 01:37 pm
Washington/Mumbai/IBNS: The US Food and Drug Administration (USFDA) has cleared the manufacturing plants of India's leading drug companies in 10 days, media reports said.
Apr 15, 2020, at 01:18 pm
New York/IBNS: Forecasting the “worst economic downturn since the Great Depression”, the International Monetary Fund said on Tuesday that growth for the year was likely to end up at minus three per cent, with a dramatic change evident since the last World Economic Outlook report in January.
Indian Rupee up by 22 paise against USD
Apr 15, 2020, at 12:43 pm
Mumbai/UNI: The Rupee on Wednesday rallied by 22 paise to 76.05 against the greenback in opening trade on selling of US dollar by bankers and exporters dealers at the Forex Market informed.
Global Economy to Shrink 2.8 percent in 2020 Due to Coronavirus Pandemic - Report
Apr 15, 2020, at 12:21 pm
Brussels, Apr 14 (Sputnik) The coronavirus pandemic looks set to shave off 2.8 percent from the global economic output this year, a UK-based forecasting firm has predicted in its monthly report.
Indian Market:Â Sensex rebounds 542.32 pts
Apr 15, 2020, at 11:09 am
Mumbai/UNI: The BSE Sensex on Wednesday bounced back by 542.32 points to 31,232.34 in opening trade on positive global cues.
Apr 14, 2020, at 05:00 pm
Kolkata/IBNS: Business body ASSOCHAM on Tuesday fully supported Prime Minister Narendra Modi for extending the nationwide lockdown till May 3 for saving each and every Indian from the unprecedented global pandemic, with a firm conviction that the government would soon be announcing a large and effective financial package for protecting agriculture, industry , trade with a particular focus on the MSMEs and millions of jobs.
Indian Rupee improves by 2 paise against USD
Apr 13, 2020, at 05:35 pm
Mumbai/UNI: The Rupee on Monday rose further by two paise to end positive at 76.27 on renewed selling of US Dollar by bankers and exporters, dealers at the forex market said.
Bajaj Finance slides by 10.27 pc to Rs 2288.50
Apr 13, 2020, at 05:18 pm
Mumbai/UNI: Bajaj Finance on Monday slipped by 10.27 pc to rs 2288.50, was the major loser in 30 scrips of BSE.
Indian Market: Sensex down 469.60 pts
Apr 13, 2020, at 05:11 pm
Mumbai/UNI: The benchmark index of Bombay stock exchange on Monday slipped by 469.60 points to settle at 30,690.92 on negative global cues.
Bandhan Bank FY20 deposits increased by 32 pct to Rs. 57073 crore
Apr 13, 2020, at 04:59 pm
Kolkata/IBNS: Private commercial bank Bandhan Bank on Monday said its total deposits grew by 32 per cent year-on-year to Rs 57,073 crore during the financial year ended Mar 31, 2020.
Indian Rupee falls by 10 paise against USD
Apr 13, 2020, at 12:14 pm
Mumbai/UNI: The Rupee on Monday slipped by ten paise to 76.39 against the greenback on rising demand for US Dollar by bankers and importers, dealers at the Forex Market informed.
Indian Market: Sensex down by 641 pts
Apr 13, 2020, at 10:41 am
Mumbai/UNI: The Indian equity market on Monday tumbled down as the BSE Sensex fell by 641 points to 30,518.13 in opening trade on weak global cues.
Indian Market: Sensex drops 308 points
Apr 13, 2020, at 09:58 am
Mumbai/IBNS: Sensex moved down by 308 points on Monday as the figures touched 30,853 during the opening session on Monday.
People's Bank of China acquires 1pc stake in HDFC : Report
Apr 13, 2020, at 12:05 am
Mumbai/ IBNS: The People's Bank of China (PBOC) has acquired 1.01 per cent stake in the Housing Development Finance Corporation (HDFC) Ltd., media reports said on Sunday, adding that the buying in the largest housing finance lenders happened possibly in the March quarter.
Raghuram Rajan ready to help India as country stares at post-COVID-19 economic crisis
Apr 11, 2020, at 02:19 pm
New Delhi/IBNS: Days after giving suggestions to the Narendra Modi government on how to tackle the post-Coronavirus economic situation, former Reserve Bank of India (RBI) governor Raghuram Rajan said he was ready to help India as the vast country of 1.3 billion people is staring at a financial crisis once the threat of COVID-19 retreats.
Centre released Rs 15,841 crore under PM KISAN in the lockdown period
Apr 10, 2020, at 09:29 pm
New Delhi/IBNS: The Centre has released the first installment of Rs 15,841 crore under the PM KISAN scheme during the lockdown period, the Agriculture Ministry said in a statement on Friday.
Godrej Material Handling launches the new Bravo Electric Three-Wheel Forklift
Apr 10, 2020, at 07:57 pm
Mumbai/IBNS: Godrej Material Handling (GMH), a business unit of Godrej & Boyce Mfg. Co. Ltd, has announced its foray into the 3-wheel electric forklift truck segment.
Growth outlook to be hit drastically by COVID-19 outbreak
Apr 10, 2020, at 07:15 pm
Mumbai/IBNS: The Reserve Bank of India has said the country's economic growth outlook has been hit drastically by the coronavirus outbreak, media reports said.
ASEAN foreign ministers agree to establish COVID-19 response fund
Apr 10, 2020, at 12:45 pm
Phnom Penh/Xinhua: Foreign Ministers of the Association of Southeast Asian Nations (ASEAN) agreed on Thursday to set up a COVID-19 response fund to collectively fight against the virus, said a Cambodia's foreign ministry statement.
IMF projects negative per capita income growth in over 170 countries in 2020
Apr 10, 2020, at 12:41 pm
Washington/Xinhua/UNI: The International Monetary Fund (IMF) Managing Director Kristalina Georgieva said Thursday that the multilateral lender now projects that over 170 countries will experience negative per capita income growth this year.