IBA asks banks to accept tax payment due under Income Declaration Scheme
With the last date for paying the first installment of due taxes and penalty under the one-time black money window IDS nearing, banks have been aske...
Sensex down 133 points in early trade today
The BSE benchmark Sensex fell over 133 points and the Nifty slipped below the 8,100-mark in early trade today as banking stocks led fall on fresh se...
O P Bhatt replaces Cyrus Mistry as chief of Tata Steel
Cyrus Mistry was on Friday ousted as chairman of Tata Steel, one of the oldest and biggest companies of the Tata Group, and replaced by independent ...
Dollar advances to 8-month high against yen
The dollar rose to an 8-month high against the yen on Friday as US bond yields resumed their rise in Asia after the Thanksgiving break shut markets ...
Sensex recovers 121 points in early trade today
The benchmark BSE Sensex recovered by nearly 121 points and the Nifty reclaimed 8,000-mark in early trade today on fresh buying by investors as the ...
Notes ban to significantly disrupt economic activity:Moody's
Demonetisation will "significantly disrupt economic activity" and lead to weaker growth in near-term, though in the long run it can boost tax revenu...
Govt slaps safeguard duty on certain steel imports
Government has slapped safeguard duty on import of certain steel products like hot rolled flat sheets and plates of alloy or non-alloy steel to prot...
FDI goes up 60% after launch of 'Make in India' campaign
Foreign Direct Investment in the country has gone up by 60 per cent to 77.86 billion dollar after the launch of Make in India campaign.In a written ...
Sensex falls 146 points on F&O expiry
After rising for two back-to-back sessions, the stock market turned weak as the benchmark Sensex fell nearly 146 points and the NSE Nifty hung below t...
Sensex rallies 170 points on Asian cues
Market benchmark Sensex surged about 170 points in early trade today, building on its yesterday's recovery, as investors and domestic institutions w...
No USSD charges for Mobile Banking till Dec 31
Telecom operators have decided to waive off charges for Mobile Banking services till 31st of next month to facilitate use of electronic banking faci...
Small borrowers get 60 days to repay loans
The Reserve Bank of India has decided to provide an additional 60 days to repay their loans. This facility is only available for borrowers with loans ...
Sensex regains 260 points in early trade today
The benchmark Sensex reclaimed the 26,000-mark by rising over 260 points and the Nifty regained the key 8,000-level in early trade today, after six da...
Sensex rebounds 120 points on Asian cues
The benchmark BSE Sensex rebounded over 120 points and the NSE Nifty regained the 8,100-mark in the opening trade today on value-buying in select blue...
PNB Housing Finance Q2 net up 78 percent
PNB Housing Finance on Tuesday reported a rise of 78.3 per cent in net profit at Rs 137.65 crore for the quarter ended September 30, 2016.Its net prof...
Sensex down 49 points on US rate hike hints
Extending losses for the fifth session, the Sensex fell over 49 points in early trade today on sustained foreign capital outflows after hints of rate ...
Mandatory to quote PAN for Rs.2.5 lakh deposits: Finance Ministry
The government today said, quoting of PAN is mandatory for cash deposits aggregating to 2 lakh 50 thousand rupees or more in bank accounts and it is a...
Several banks slash FD rates by upto 1% after surge in deposits
Several banks have slashed their Fixed Deposit rates by up to 1 per cent after the surge in deposits following demonetisation.Canara Bank announced lo...
Sensex rebounds 134 points in early trade today
The BSE benchmark Sensex rebounded over 134 points in early trade today, after a three-session fall, on fresh buying by investors despite subdued Asia...
SBI has not written-off Kingfisher's loans: Arun Jaitley
Finance Minister Arun Jaitley on Wednesday said that Rs 1,200 loans to Vijay Mallya’s defunct Kingfisher Airlines were not written off by State Bank o...
Banks deposit to see sharp decline as withdrawl norms ease: Moody's
With an estimated about Rs 4 lakh crore coming into the banking system within a week of demonetisation, Moody's Investors Service today said the trend...
I-T department notices to charitable, religious organisations
The Income Tax department has issued notices to hundreds of charitable and religious organisations in the country enjoying tax exemption.The organisat...
Customer PAN must for deposit exceeding Rs.50,000: RBI
RBI has asked banks to ensure that customers submit a copy of permanent account number (PAN) card for any cash deposit exceeding 50,000 rupees, if it ...
Sensex surges 317 points in early trade on key macro data
The benchmark Sensex rebounded almost 317 points to 26,621.40 and the broader Nifty reclaimed the 8,200-mark in early trade today on account of positi...
WPI inflation dips to 3.39% in October
Falling for the second straight month, wholesale price inflation eased to 3.39 per cent in October this year against 3.57 percent in September and min...
March 2017 deadline for bank clean up still stands: RBI Dy.Governor
RBI’s deputy governor N S Vishwanathan has reiterated that March 2017 still stands as the deadline for banks to clean up their balance sheets. Speakin...
Petrol prices cut by Rs.1.46/ litre,diesel price cut by Rs.1.53/ litre
Petrol price has been slashed by one rupee 46 paise per litre, while diesel price by one rupee 53 paise a litre excluding state levies the new rate ca...
Rupee tumbles 42 paise against U.S.dollar
The rupee was trading 42 paise lower at 67.67 against the U.S. dollar in early trade on Tuesday.On Friday, the rupee lost 62 paise to end at over thre...
Sensex crashes 344 points on capital outflows
The benchmark BSE Sensex crashed by over 344 points and the NSE Nifty dipped below 8,200-mark in early trade today as investors engaged in cutting dow...
FDI in services sector jumps to $5.3 billion during April-Sept
FDI inflows into the services sector jumped over two-and-a-half times, to 5.3 billion dollars in the April to September period of the current fiscal.T...
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