
June 18, 2020 03:11 IST
According to data sourced from nseinfobase.com of Prime Database, while the market value of all FPI investments from China stood at Rs 774 crore at the end of December 2019, it jumped sharply to Rs 3,257 crore as of March 2020.
Thu, Jun 18, 2020
June 17, 2020 03:21 IST
Bansal has announced to relocate company headquarter from Mumbai to Bengaluru by December 31, 2020 and has also laid-off over 40 employees (nearly one-fifth of the total employee strength) including the CEO and other senior and mid-management officials.
Wed, Jun 17, 2020
June 15, 2020 13:35 IST
RBI data shows that in the year ended March 2020, the net financial assets jumped from Rs 13.73 lakh crore in FY’19 (7.2 % of GDP) to Rs 15.62 lakh crore (7.7% of the GDP) last year.
Fri, Jun 19, 2020
June 15, 2020 03:07 IST
Delays have set in for under construction projects and the working cycle wheel has been stalled with lockdown. With gradual opening up of economy, things are coming back on track slowly.
Mon, Jun 15, 2020
June 15, 2020 03:01 IST
Data from the Reserve Bank of India (RBI) data shows that in the year ended March 2020, the net financial assets — defined as gross financial assets less financial liabilities — jumped from 13.73 lakh crore in FY19 to Rs 15.62 lakh crore last financial year.
Mon, Jun 15, 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 16:56 IST
Reports suggest that several companies, including Mahindra finance, Tata Power, Shriram Transport Finance among others plan to raise funds (aggregating to over Rs 10,000 crore) through rights issue amidst the Covid-19 pandemic.
Fri, Jun 19, 2020
June 08, 2020 05:01 IST
Uday Kotak said that there is an opportunity to rebalance rural and urban and that the state needs to work towards the aspect of providing a social security net to not only migrants but also businesses across the board.
Mon, Jun 08, 2020
June 08, 2020 04:01 IST
According to the Grant Thornton forensic audit report, SRBC & Co LLC had earlier taken a decision to make such qualifications in its audit report for 2017-18.
Mon, Jun 08, 2020
June 07, 2020 04:50 IST
Ashu Suyash, MD & CEO, CRISIL told The Indian Express that direct fiscal spending from the overall package is about Rs 2.6 lakh crore or 1.2% of GDP this year. Excerpts:
Sun, Jun 07, 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 05, 2020 01:17 IST
The issue relates to Letter of Assurance/ Letter of Comfort issued by ITNL in order to help borrowing at the special purpose vehicle (SPV) level for projects facing cost overruns or that required bridge funding.
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
June 02, 2020 04:35 IST
According to numbers collated by insurance companies, only 5,600 claims have come to insurers for settlement involving a cumulative amount of Rs 70 crore — this works out to an incurred expenditure of Rs 1.25 lakh, on an average, per policy holder.
Tue, Jun 02, 2020
June 01, 2020 04:35 IST
This will set the ball rolling for a standard Covid-19 insurance product with details of costs covered, including those for PPE kits and other consumables, which are currently unavailable under a normal health insurance policy.
Mon, Jun 01, 2020
June 01, 2020 03:01 IST
A representation by FICCI on the costing of COVID-19 beds for the private sector estimated the cost of PPEs to run into around Rs 10,000 per patient per day.
Mon, Jun 01, 2020
May 29, 2020 12:31 IST
The move by the RBI will deprive investors of another saving instrument that yielded relatively higher post tax returns for investors.
Sat, May 30, 2020
May 25, 2020 01:56 IST
While the government last week announced a credit guarantee scheme for bank lending to the MSME sector and others, data shows that micro and small industries have, over the last four years, witnessed an even slower credit expansion.
Mon, May 25, 2020
May 21, 2020 04:30 IST
In this edition of E-Xplained before a country-wide Zoom audience last week, Nilesh Shah discussed the impact of the Covid-19 pandemic on the economy, and ways to contain the damage.
Thu, May 21, 2020
May 20, 2020 01:10 IST
A circular issued by the All India Council for Technical Education (AICTE) on April 15 had instructed institutes and colleges under it not to insist on payment of fees, including admission fees, during the lockdown.
Wed, May 20, 2020
May 16, 2020 00:14 IST
Sources in the banking industry say while study-related remittance has been growing, over the years, a lot of remittance is also on account various factors including weak investment sentiment in India.
Sat, May 16, 2020
May 14, 2020 14:56 IST
Sources said the government is expected to announce further measures that will provide agriculture sector loans worth Rs 5 lakh crore. Steps taken under the Make in India initiative are expected to be worth Rs 1 lakh crore.
Thu, May 14, 2020
May 14, 2020 05:32 IST
The government’s skin in the game is limited to credit guarantees. For loans to MSMEs, it amounts to guarantees on credit worth Rs 3 lakh crore on collateral free loans.
Thu, May 14, 2020





