Financial news

Financial news News

World Bank to give India 100 million US Dollars loan for housing project

To help lower-income families obtain loans by offering incentives to lenders.

Indian gold eases to Rs. 32,660,seen falling further

It had hit a record high of Rs. 35,074 on August 28.


Use foreign exchange reserves to curb re volatility: Economist Kaushik Basu

Rules out possibility sliding down to 1991 level.

Private Equity firms invested USD 2.3 billion in April-June quarter: PwC survey

The manufacturing sector led in terms of value,IT and ITeS in number of deals struck.

Indiabulls Housing Finance to raise Rs 10,500 crore debt in Fiscal year 2014

Funds will be arranged through banks (40%),bonds (40%) and portfolio sell down (20%).

Finance Ministry detects over Rs 2,150 crore in tax evasion

The evasion was detected through the employment of an online monitoring system.


IRDA allows banks to act as insurance brokers

The license issued will allow banks to sell products of more than one insurer.

Reliance Communications shares hits 52-week high on realty hive off plans

Anil Ambani-led firm spurted by 9.29 per cent to Rs 148.20.