
July 14, 2020 03:05 IST
Between April 1 and July 13, RIL has gained $81 billion in market capitalisation and has climbed 47 places from being the 98th most valued company on April 1 to 51st most value company now.
Tue, Jul 14, 2020
July 14, 2020 03:00 IST
According to RBI Governor Shaktikanta Das, the liquidity measures announced by the RBI since February 2020 aggregate to about Rs 9.57 lakh crore — equivalent to about 4.7 per cent of 2019-20 nominal GDP.
Tue, Jul 14, 2020
July 12, 2020 00:40 IST
The proposal to set up the resolution corporation has gathered momentum after the financial sector witnessed a series of failures and emergence of stressed firms
Sun, Jul 12, 2020
July 12, 2020 00:19 IST
Calling the Covid outbreak the “worst health and economic crisis in the last 100 years during peace time with unprecedented negative consequences for output, jobs and well-being,” Das cautioned on the road ahead.
Sun, Jul 12, 2020
July 10, 2020 02:46 IST
The regulator has set up a nine-member committee headed by IRDAI Executive Director Suresh Mathur to recommend the structure and operating model for the pool and submit its report within eight weeks.
Fri, Jul 10, 2020
July 08, 2020 03:00 IST
In the case ‘moderate sickness’, NABH-accredited hospitals (including entry level) can charge Rs 10,000 per day (including Rs 1,200 for PPE) and for non-NABH accredited hospital) it would be Rs 8,000 (including including cost of PPE Rs 1,200).
Wed, Jul 08, 2020
July 06, 2020 05:33 IST
Banks have turned cautious as reports of consignments being held up at ports continue and duty rates are being revised upwards for certain categories of products.
Mon, Jul 06, 2020
July 05, 2020 00:38 IST
After a slow start, private banks are slowly catching up by sanctioning Rs 47,108 crore to 4.19 lakh borrowers under the package.
Sun, Jul 05, 2020
July 03, 2020 03:15 IST
Currently, Surety Bond for contractors is not being offered by insurance companies in the market to guarantee satisfactory completion of a project by a contractor and provide performance security to various government agencies.
Fri, Jul 03, 2020
July 01, 2020 02:33 IST
As per officials in the non-life industry, average claims for coronavirus is `2-2.5 lakh in urban areas and `50,000-75,000 in semi urban or rural areas.
Wed, Jul 01, 2020
June 29, 2020 00:57 IST
LIC’s holding in companies listed on NSE fell to at least a decadal low of 3.88 per cent at the end of March 2020.
Mon, Jun 29, 2020
June 27, 2020 00:31 IST
Call on transfer of surplus to the Central government likely to be taken in the next meeting.
Sat, Jun 27, 2020
June 25, 2020 18:18 IST
Three Hinduja brothers – Gopichand, Prakash and Ashok – contested the claim of their elder brother Srichand saying “everything belongs to everyone and nothing belongs to anyone.” What is this tussle about? What happens next?
Fri, Jun 26, 2020
June 24, 2020 03:19 IST
On November 20, 2019, the RBI superseded the board of directors of DHFL — managed by the Wadhawans — owing to governance concerns and defaults in meeting various payment obligations and appointed an Administrator to run the company.
Wed, Jun 24, 2020
June 23, 2020 03:01 IST
The government’s view is that bad loan resolution should happen in a market-led way, a senior government official said. The banks demand for a one-time restructuring of loans is being considered by the banking regulator and the government.
Tue, Jun 23, 2020
June 18, 2020 03:00 IST
Sanction average of Rs 3.75L per borrower to over 8.54L accounts in last fortnight.
Thu, Jun 18, 2020
June 16, 2020 03:10 IST
Public sector NIA is currently processing another 30 odd eligible claims under the scheme.
Tue, Jun 16, 2020
June 14, 2020 00:17 IST
The central bank said cross-country cooperation with Bhutan is already in place with CTS, NACH and NEFT operational there as well. NEFT is available for one-way transfers from India to Nepal.
Sun, Jun 14, 2020
June 13, 2020 12:32 IST
Forex reserves are external assets, in the form of gold, SDRs (special drawing rights of the IMF) and foreign currency assets (capital inflows to the capital markets, FDI and external commercial borrowings) accumulated by India and controlled by the Reserve Bank of India.
Fri, Jun 19, 2020
June 11, 2020 03:00 IST
RBI data shows even priority sector lending of banks witnessed a sharp contraction in credit outstanding.
Thu, Jun 11, 2020
June 11, 2020 00:51 IST
A rush of non-Covid claims is anticipated soon from patients who can no longer postpone their treatment, even as the numbers of Covid-19 cases continue to rise.
Thu, Jun 11, 2020
June 10, 2020 03:05 IST
Lockdown has been challenging for NBFC-MFIs. As per the regulatory mandate, NBFC-MFIs were to offer moratorium to all segments of micro borrowers.
Wed, Jun 10, 2020
June 08, 2020 15:34 IST
The rising forex reserves is a big cushion in the event of any crisis on the economic front and enough to cover the import bill of the country for a year.
Mon, Jun 29, 2020
June 05, 2020 04:03 IST
The hospitalisation cost should cover room, boarding, nursing expenses up to 2 per cent of the sum insured, capped at Rs 5,000 per day.
Fri, Jun 05, 2020
June 04, 2020 03:05 IST
With the lockdown continuing, people’s reliance on cash is expected to rise further in the next one or two months. However, the pace of the growth has come down from the March and April levels.
Thu, Jun 04, 2020




