
May 14, 2020 03:04 IST
The FM also announced a Rs 30,000-crore special liquidity scheme, in which the government will fully guarantee investments in investment grade debt paper of non-banking financial institutions, housing finance companies and microfinance institutions.
Thu, May 14, 2020
May 13, 2020 05:41 IST
Over the next few days, Finance Minister Nirmala Sitharaman will provide details of the package that is likely to include measures to boost local manufacturing, help improve India’s competitiveness in a global economy, and provide relief to the distressed poor, labourers and hapless migrants.
Wed, May 13, 2020
May 12, 2020 15:17 IST
Reliance Industries (RIL) Share Price: The sharp rise of 46 per cent in the share prices of RIL over the last one-month comes amidst a volatile market condition that led to a Sensex crash of 26.7 per cent since January this year.
Wed, May 13, 2020
May 11, 2020 03:00 IST
The rise in currency with the public comes despite appeals by the government and the RBI to use digital payment tools amidst the coronavirus outbreak.
Mon, May 11, 2020
May 07, 2020 01:45 IST
While Maruti Suzuki India (MSIL) has seen opening of at least 600 showrooms across the country, Hyundai Motors has seen opening of nearly 150 dealerships and close to 200 workshops.
Thu, May 07, 2020
May 02, 2020 03:25 IST
On paper, these moves are expected to trigger partial resumption of operations in the services sector. But, on the ground, a number of companies, especially those operating in red zone districts, are not so sure.
Sat, May 02, 2020
April 29, 2020 01:49 IST
“Recent events at credit risk funds have increased risk of redemptions at debt mutual funds. However, we think a big shift in AUM mix over the past 18 months towards stronger borrowers should mitigate this risk,” it said.
Wed, Apr 29, 2020
April 27, 2020 04:39 IST
SEBI had written to RBI in March itself impressing upon it the need to provide a liquidity window for mutual funds.
Mon, Apr 27, 2020
April 26, 2020 06:04 IST
The share of money held in the form of currency, both by the public and as cash with banks, has hit the highest level since 2007-08.
Sun, Apr 26, 2020
April 26, 2020 04:42 IST
Subscribed 100% in Rs 7,697 cr worth issues, over 50% in Rs 15,358 cr issues
Sun, Apr 26, 2020
April 25, 2020 00:53 IST
According to fund managers, after Franklin Templeton’s unilateral decision to wind up its six schemes, debt MF investors reacted negatively adding to the redemption pressure since morning.
Sat, Apr 25, 2020
April 24, 2020 12:34 IST
Franklin Templeton India Fund Closure News: As there has been severe market dislocation and illiquidity caused by the Covid-19 pandemic, the fund house said it took the decision in order to protect value for investors via a managed sale of the portfolio.
Sat, Apr 25, 2020
April 23, 2020 04:40 IST
Since the deal with Reliance is only for a minority stake, neither Facebook nor RIL is bound in any way to an exclusive arrangement. So, apart from Jio, Facebook can look at similar partnerships on other platforms, including within WhatsApp.
Thu, Apr 23, 2020
April 23, 2020 03:00 IST
Shares price of RIL jumped by 12 per cent on Wednesday, before closing at Rs 1,363 per share, with a gain of 10.3 per cent.
Thu, Apr 23, 2020
April 22, 2020 01:20 IST
With the lockdown in place and courier service not being allowed to function by local authorities despite the Centre mandating a restart post April 20, bankers say they are unable to replace the expired cards.
Wed, Apr 22, 2020
April 21, 2020 03:50 IST
While trucks could be seen idling in yards alongside the Delhi-Jaipur highway, an executive with an automobile manufacturer said the drivers are refusing to take the trucks with cars and other goods, and goods worth crores are stuck on roads.
Tue, Apr 21, 2020
April 20, 2020 00:00 IST
As per insurance sector experts, demand for health insurance is expected to rise as the pandemic has spread across the country and insurance regulator Irdai has included more illnesses under the health cover.
Mon, Apr 20, 2020
April 17, 2020 04:05 IST
Coronavirus (COVID-19): According to experts, despite the government’s fresh guidelines that selectively lift restrictions on economic activities from April 20, business is likely to stay crippled because of the high impact of the pandemic in these 170 districts.
Fri, Apr 17, 2020
April 16, 2020 04:21 IST
Coronavirus (COVID-19): Some half-a-million restaurants across the country are hoping the Centre and the state governments announce quick relief measures — otherwise, many fear they could be forced out of business altogether.
Thu, Apr 16, 2020
April 16, 2020 02:08 IST
Coronavirus (COVID-19): Insurance experts said the viability of such a pool can be studied and implemented if found suitable. “There are viability issues. But it’s worth exploring,” said former IRDAI Member KK Srinivasan.
Thu, Apr 16, 2020
April 13, 2020 04:50 IST
Data from the Reserve Bank of India shows that the average monthly increase in currency with public stood at Rs 23,895 crore. During 2019-20, the currency with public increased 14 per cent or Rs Rs 2,86,741 crore to Rs 23,41,851 crore.
Mon, Apr 13, 2020
April 07, 2020 03:10 IST
The decline in equity AUM is much lower than the mark to market losses (on account of the fall in the equity markets) and industry players say it has been compensated by continued net inflows from investors.
Mon, Apr 06, 2020
April 03, 2020 02:29 IST
It is learnt there was a concern among bankers that even if the lockdown is lifted on April 14, operations of a number of companies in specific sectors will not see business getting back to normal as the labour has moved out and the production may not be able to restart.
Fri, Apr 03, 2020
April 01, 2020 04:00 IST
It will be difficult for small banks and NBFCs to raise deposits easily as the perception of deposits being safe have taken a hit after troubles at PMC Bank and Yes Bank.
Wed, Apr 01, 2020
April 01, 2020 03:15 IST
My sense is that the lockdown was the right thing to do and it does seem like that was the only way of preventing and delay the rise in number of cases and, in the meantime, prepare the facilities, medical equipments and infrastructure to fight it out, says Naushad Forbes.
Wed, Apr 01, 2020



