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rbicutsreporateby40bpsto4pctoincreasecreditflow

RBI cuts repo rate by 40 bps to 4 pc to increase credit flow

Mumbai: The Reserve Bank of India (RBI) on Friday reduced repo rate by 40 basis points to 4 per cent in an effort to further boost liquidity in the ec...

sensexniftyturnchoppyinearlytradetoday

Sensex, Nifty turn choppy in early trade today

Mumbai: Equity benchmark Sensex pared opening losses to turn positive in early trade on Friday amid gains in index-heavyweights Reliance Industries, I...

rbimayextendmoratoriumonloanrepaymentsbythreemonths:sbiresearch

RBI may extend moratorium on Loan Repayments by Three Months: SBI Research

The loan moratorium is likely to be extended by another 3 months by the Reserve Bank of India (RBI). While the companies are likely to gain from this ...

sensexjumpsover150pointsinopeningtrade

Sensex jumps over 150 points in opening trade

Mumbai: Equity benchmark Sensex rose over 150 points in opening session on Thursday as investors accumulated index heavyweights HDFC twins, Kotak Bank...

cabinetapprovesschemeforformalizationofmicrofoodprocessingenterprises

Cabinet approves Scheme for Formalization of Micro Food Processing Enterprises

Union Cabinet yesterday gave its approval to a new Centrally Sponsored Scheme named Scheme for Formalization of Micro Food Processing Enterprises for ...

sensexsurgesover300pointsinopeningtrade

Sensex surges over 300 points in opening trade

Mumbai: Equity benchmark Sensex jumped over 300 points in opening session on Wednesday tracking gains in index-heavyweights ITC, HDFC twins and HUL am...

centrereducesepfocontributionsfrom12percentto10percent

Centre reduces EPFO contributions from 12 per cent to 10 per cent

The Centre has notified the reduction in statutory rate of contributions from 12 per cent  to 10 per cent for wage months period from May to ...

germaneconomyshrinksby22percentinfirstquarter

German economy shrinks by 2.2 per cent in first quarter

In  Germany, the economy shrank by 2.2 per cent in the first quarter compared with the previous three-month period as shutdowns in the country.Th...

rs1lakhcragriinfrastructurefundtobesetupforfarmgate

Rs.1 lakh cr agri Infrastructure fund to be set up for farm gate

Government has announced a 1.63 lakh crore rupee package for agriculture and allied sectors aimed at strengthening infrastructure, logistics and capac...

enamreachesmilestoneof1000mandisacross18states3uts

e-NAM reaches milestone of 1000 Mandis across 18 States, 3 UTs

The pan-India electronic agriculture trading portal, e-NAM has reached milestone of one thousand Mandis across 18 States and three Union Territories. ...

epfoannouncesmajorreliefforcompaniesnopenaltyfordelayeddeposit

EPFO announces major relief for companies, no penalty for delayed deposit

Centre has decided to provide relief to establishments covered under EPF and MP Act, 1952 from levy of penalty for delayed deposit of dues during lock...

sensexdropsover200pointsinearlytrade

Sensex drops over 200 points in early trade

Mumbai: Equity benchmark Sensex dropped over 200 points in opening session on Friday tracking losses in index heavyweights HDFC Bank, ICICI Bank and R...

wpifoodinflationdeclinesinaprilto360percent

WPI food inflation declines in April to 3.60 per cent

Union Government yesterday released truncated data for April wholesale price-based inflation saying there was limited transaction of products in the m...

amazonunveilsnewtabletlineup

Amazon unveils new tablet lineup

San Francisco: Amazon has announced the next generation of its Fire HD 8 tablet lineup, designed with the entire family in mind – the all-new Fire HD ...

kotakmahindrabankq4profitdown4pctors1952cr

Kotak Mahindra Bank Q4 profit down 4 pc to Rs.1,952 cr

New Delhi: Kotak Mahindra Bank on Wednesday reported 4 per cent decline in consolidated net profit at Rs 1,951.82 crore for the fourth quarter ended M...

govtannouncescollateralfreeloanworthrs3lakhcrorebenefiting45msmes

Govt announces collateral free loan worth Rs. 3 lakh crore benefiting 45 MSMEs

Government  has announced the first tranche of stimulus packages, under the Atma-Nirbhar Bharat Yojana. Prime Minister Narendra Modi had on Tuesd...

25%cutintdsandtcsratestill31stmarch2021

25% cut in TDS and TCS rates till 31st March 2021

In a major announcement by Finance Minister Nirmala Sitharaman, Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) have been reduced by 25...

rupeerises21paiseto7530againstusdollarinearlytrade

Rupee rises 21 paise to 75.30 against US dollar in early trade

Mumbai: The rupee appreciated 21 paise to 75.30 against the US dollar in early trade on Wednesday as Prime Minister Narendra Modi’s Rs 20 lakh crore e...

nitingadkariwelcomespmsreliefpackageworthrs20lakhcrore

Nitin Gadkari welcomes PM's relief package worth Rs.20 lakh crore

Micro Small and Medium Enterprises, MSME Minister Nitin Gadkari has welcomed the Prime Minister's relief package worth 20 lakh crore rupees announced ...

sensexslumpsover400pointsinopeningsessiontoday

Sensex slumps over 400 points in opening session today

Mumbai: Equity benchmark Sensex dropped over 400 points in opening session on Tuesday dragged by losses in index-heavyweights HDFC twins, Reliance Ind...

rupeefalls22paiseagainstusdollar

Rupee falls 22 paise against US dollar

Mumbai: The rupee depreciated 22 paise to 75.95 against the US dollar in opening trade on Tuesday amid strengthening American currency overseas and we...

sensexralliesover500points;reliancejumps3pc

Sensex rallies over 500 points; Reliance jumps 3 pc

Mumbai: Equity benchmark Sensex surged over 500 points in opening session on Monday as strong gains in index-heavyweights Reliance Industries, HDFC, I...

saudiarabiatoraisevatfrom5%to15%from1stjuly

Saudi Arabia to raise VAT from 5% to 15% from 1st July

The Kingdom of Saudi Arabia has decided to raise value added tax (VAT) from 5 percent to 15 percent starting from 1st July  and has taken a decis...

indiasforeignexchangereservesupby1622milliondollarsto481078billiondollars

India's foreign exchange reserves up by 1.622 million dollars to 481.078 billion dollars

India's foreign exchange reserves has increased by 1.622 million dollars to reach 481.078 billion dollars in the week ended 1st May. A RBI press relea...

sbihikeshomeloanratesbyupto30basispoints

SBI hikes home loan rates by up to 30 basis points

The country's largest lender SBI has increased its home loan rates that are linked to repo rate by up to 30 basis points amid market indications of in...

sensexralliesover600pointsinearlytrade

Sensex rallies over 600 points in early trade

Mumbai: Equity benchmark Sensex rallied over 600 points in opening session on Friday as strong gains in index-heavyweight Reliance Industries, massive...

rupeerises45paiseto7527againstusdollar

Rupee rises 45 paise to 75.27 against US dollar

Mumbai: The rupee appreciated 45 paise to 75.27 against the US dollar in early trade on Friday tracking positive opening of domestic equities and weak...

sensexshedsover200pointsinearlytrade

Sensex sheds over 200 points in early trade

Mumbai: Equity benchmark Sensex dropped over 200 points in early trade on Wednesday tracking losses in index-heavyweights ITC, Axis Bank and Kotak Ban...

sensexnosedivesover1500pointsinopeningtrade

Sensex nosedives over 1,500 points in opening trade

Mumbai: Equity benchmark Sensex plummeted over 1,500 points in opening trade on Monday dragged by selloff in index-heavyweights HDFC twins, ICICI Bank...

200newmandisfromsevenstatesjoinenam

200 new mandis from seven states join e-NAM

Two hundred new mandis from seven states joined the e-NAM platform for marketing of Agricultural produce on Friday.They include 94 Mandis of Rajasthan...

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