Sandeep Singh

Profile

Money parked in small savings schemes sees sharp decline, shows latest RBI data
Thu, Jun 14, 2018

In the first eight months of financial year 2017-18, receipts within small savings schemes amounted to Rs 40,429 crore, a seven-fold dip from Rs 2,75,682 crore in the corresponding period of the previous year.

First in 19 months: Bank credit grows in double digits
Tue, Jun 12, 2018

The RBI data shows that the credit demand for services sector jumped 20.7 per cent in April and the demand for personal loans rose 19.1 per cent.

Biggest outflow of foreign institutional money in 10 years
Wed, Jun 06, 2018

While the net FPI outflow in April stood at Rs 15,561 crore ($2.35 bn) and Rs 29,775 crore ($4.4 bn) in May, the aggregate for the first five months this year amounted to a net outflow of Rs 32,078 crore ($4.4 bn).

Debt and equity markets: Foreign investment outflow in May hits 18-month high
Mon, May 28, 2018

With four trading days still to go in this month, as on May 25, FPI’s have pulled out a net of Rs 26,768 crore from the Indian markets (Rs 18,949 crore from the debt market and Rs 7,819 crore from the equity market).

Explained Snippets | Centre, state, and dealer: How they split what you pay for fuel
Thu, May 24, 2018

Crude remains an important factor in the recent price hike as Brent crude prices have risen by over 19% from $68 per barrel in end-February to over $80 per barrel now.

Four years of Modi government — Finance: Tax net widened; private funds still elusive
Tue, May 22, 2018

For FY18, the Gross Domestic Product (GDP) is estimated to grow at 6.6 per cent, as per the second advance estimate of the Central Statistics Office.

Oil price surge, geo-political woes to sustain rupee’s fall in near term
Fri, May 18, 2018

On Thursday, FPIs sold equities worth Rs 830 crore and since April, net outflow has touched Rs 32,668 crore.

Karnataka elections 2018: In falling farm outputs, a clue to Congress defeat
Thu, May 17, 2018

The decline in production numbers over these years, which coincided with consecutive years of drought and steeply falling water tables across several parts of the state, led to acute farm distress and protests.

Rupee slide likely to continue as US sanctions threat looms over Iran
Fri, May 11, 2018

If rupee's weakness was a concern, the recent move by the United States to exit the Iran nuclear deal and a looming threat of US sanctions on Iran is likely to keep oil and gasoline prices higher.

Walmart India trimmed its losses after exiting Bharti joint venture
Thu, May 10, 2018

Walmart India had accumulated losses worth Rs 1,874 crore in the period between December 2009 and March 2016. The company entered India in 2007 via a joint venture with Bharti Enterprises.

Mutual Fund investors should wait and see until process is over: Experts
Sun, May 06, 2018

No need to rush for change in investments for now: Experts

Rakesh Bharti Mittal interview: ‘India Inc needs at least 100-bps rate cut to boost investments’
Fri, Apr 27, 2018

Stating that the Reserve Bank of India should be bold while cutting rates, Rakesh Bharti Mittal said that a 100-basis point cut in interest rates may lead to a rise in investments.

Essar promoter kin’s firm invested in Chanda Kochhar husband’s company
Thu, Apr 26, 2018

NuPower, promoted by Deepak Kochhar, husband of Chanda Kochhar, between 2010 and 2012 got investments of Rs 325 crore from Mauritius-based Firstland Holdings, a company owned by Nishant Kanodia, son-in-law of Essar Group co-founder Ravi Ruia.

After falling to 3 per cent post note ban, banks’ credit growth sees revival at 8 per cent
Tue, Apr 17, 2018

Increase in demand for credit from retail side, jump in off-take from services sector contribute to growth rise.

New Toyota Yaris ticks all the right boxes
Mon, Apr 16, 2018

While a lot will depend on Toyota’s pricing strategy, which it will announce this week, it is expected to come with starting price tag of around Rs 10 lakh.

Chanda Kochhar: After initial show of support, growing questions within ICICI Bank
Tue, Apr 10, 2018

“At first, the board squarely stood behind Chanda Kochhar but in recent meetings they told us that the organisation was bigger than an individual and that the board is looking into investors’ concerns,” said the CEO of a mutual fund with significant investments in ICICI Bank.

Checking NPAs: 11 public sector banks now on RBI watchlist, small firms face credit crunch
Mon, Apr 09, 2018

At present, 11 weak PSBs out of the 21 State-owned banks are under the PCA, which kicks in when banks breach regulatory norms on issues such as minimum capital, amount of non-performing assets and return on assets.

LTCG tax impact: Equity mutual funds see huge redemptions in March
Fri, Apr 06, 2018

According to data released by Association of Mutual Funds in India, while the gross investments into equity schemes of mutual funds stood strong at Rs 39,102 crore in March, the net inflow was Rs 2,954 crore.

SFIO seeks green signal to investigate ICICI Bank loan to Videocon Group
Tue, Apr 03, 2018

It is learnt that the Mumbai SFIO received a complaint relating to ICICI Bank, Videocon Group and their promoters in February 2018.

Chanda Kochhar’s brother-in-law advised ICICI borrowers on their foreign loans
Tue, Apr 03, 2018

Avista Advisory, founded by Rajiv Kochhar, who is the brother-in-law of Chanda Kochhar, got the mandate to restructure foreign currency-denominated debt deals worth over $1.7 billion of seven companies over the last six years.

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