Sachin Bansal and the Poonawala family will invest through two separate securitisation and bond deals, according to media reports
Consumer confidence trend has been assessed through the current situation index (CSI) and the future expectations index (FEI)—both recorded a decline in September.
Both the current situation index and the future expectations index recorded declines, the RBI said in its consumer sentiment survey report
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On HDFC Bank's plans, Aditya Puri said it will very well-capitalised and will not be needing capital for at least three more years.
Top Sensex losers in the early session included IndusInd Bank, Sun Pharma, Hero MotoCorp, L&T, Bajaj Finance, TCS, M&M, Tata Motors and NTPC, shedding up to 2.15%
Forex traders said rising demand for the US dollar vis-a-vis other currencies overseas also weighed on the domestic currency
Yes Bank has also requested the authorities to form a multi-disciplinary team of experts for detecting the origin of the fake news
Under the new system, taxpayers will receive notices on their registered e-mails as well as on registered accounts on the web portal www.incometaxindiaefiling.gov.in with real-time alert
The RBI Monetary Policy Committee (MPC) reduced repo rate by 25 basis points on Friday to 5.15 percent and decided to maintain an accommodative stance
The renewable energy sector requires investments of Rs 2.6 lakh crore over the next five years
The reported job cuts come after HSBC said it would be laying off about 4,000 people this year, and issued a gloomier business outlook
There are at least five big reforms that need doing, can quickly get-off the ground, and which will have lasting positive effects on growth
The RBI cut repo rate by 25 basis points to 5.15 percent, bringing the cumulative reduction in the interest rate of 135 basis points for this calendar year
It was the second month this year the index had fallen below the 50-mark separating growth from contraction—the last one being in June
The most important takeaway from the RBI policy statement is the revision in GDP growth number from 6.9% to 6.1% for FY20
India, said Dharmendra Pradhan, recorded the highest growth of foreign energy investments in the world, which touched $85 billion.
Sensex was trading 258.60 points or 0.68 percent, higher at 38,365.47. Similarly, the broader NSE Nifty spurted 70.00 points, or 0.62 percent, to 11,384.00.
The ETF issue that opened on Thursday received subscriptions from investors like mutual funds, foreign portfolio investors, and insurance funds
The decline in natural gas revenue and earnings will have a limited effect on ONGC's metrics for fiscal 2020
Highlighting the shortage of women entrepreneurs, Arundhati Bhattacharya said there were only about 19 percent women entrepreneurs in India and out of which in many of women are "figurative heads and it is actually men who are driving from behind"
The MPC is officially supposed to target CPI inflation which remains in the comfort zone of 3-3.2 percent which is less than the 4 percent benchmark
It is entirely possible to achieve $5 trillion economy in India as right conditions exist with a strong policy-driven government both at the centre and states, said DPIIT Secretary Guruprasad Mohapatra
Sensex tanked 151.70 points or 0.40% to trade at 38,153.71, while the broader Nifty was down 51.95 points or 0.46% at 11,307.95 in opening trade
India, the world’s biggest seller of the Asian diet staple, has banned onion exports after extended monsoon downpours delayed harvests and supplies shrivelled
Religare Enterprises (REL) in the filing said that a share purchase agreement has been signed with TCG for selling stake in Religare Finvest Ltd (RFL)
An exchange-traded fund (ETF) is a basket of securities that trade on an exchange, just like a stock.
The Kapoor family has nearly exited its holding in the bank, within months of the expulsion co-promoter and chief executive Rana Kapoor by the RBI earlier this year
DLF holds a 67 percent stake in DCCDL, while Singapore's sovereign wealth fund GIC holds 33 percent
The Central Board of Direct Taxes (CBDT), in a clarification, said companies will be allowed to utilise such credits only against regular taxes under the old regime