New Delhi (IANS) Recommending a slew of relief measures, including regulatory easing, an ASSOCHAM paper has said that the government should consider wage support mechanism and interest subvention for the MSMEs, which are reeling under the severe impact of the Covid-19 … read more
Mumbai (IANS) The Securities and Exchange Board of India (SEBI) has barred eight entities, including individuals and two financial companies, for being involved in insider trading in the scrip of Infosys. The entities are Pranshu Bhutra, Amit Bhutra, Bharath C. Jain, … read more
New Delhi (IANS) India’s budgetary fiscal deficit reached 98.5 per cent of the revised 2020-21 target or 9.3 per cent of the GDP, official data showed on Monday. The 2020-21 deficit — the difference between revenue and expenditure — has been … read more
Mumbai (IANS) The State Bank of India (SBI) has increased the cash withdrawal limits through cheques and withdrawal forms for its customers at non-home branches. “To support our customers in this pandemic, SBI has increased the non-home cash withdrawal limits through … read more
New Delhi (IANS) Covid’s second wave is expected to stunt rural demand, consequently, marginally dampening India’s 2021 growth prospects. According to economy observers, heavy impact of pandemic in rural areas as well as rise in healthcare and other associated costs will … read more
Mumbai (IANS) India’s bank credit growth slowed down to 5.6 per cent in March 2021, according to data published by the Reserve Bank of India (RBI) on Friday. In March 2020, credit growth was 6.4 per cent. The central bank’s ‘Quarterly … read more
Mumbai (IANS) The Nifty50 on the National Stock Exchange (NSE) settled at its record closing level on Thursday. It closed at 15,337.85, higher by 36.40 points or 0.24 per cent from its previous close of 15,301.45 points. Healthy buying was witnessed … read more
Mumbai (IANS) Reliance Jio has moved the NCLT against the Committee of Creditors (CoC) of Reliance Infratel Ltd (RITL). According to sources, Reliance Jio, through Reliance Project and Property Management Services Ltd, has filed an application in the NCLT Mumbai against … read more
Mumbai (IANS) Reserve Bank of India (RBI) Governor Shaktikanta Das on Tuesday asked heads of select private sector banks to boost credit flows to retail and small business borrowers and quickly implement all the measures announced by the apex bank on … read more
Mumbai (IANS) India’s benchmark equity indices ended mildly higher after a volatile trade session on Monday. The indices opened higher but soon sold off in the first hour of trade. However, healthy buying in power, realty, oil and gas, and capital … read more