Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday briefed the board members about the impact of the various monetary and regulatory measures taken by the central bank to deal with the COVID-19 crisis.
Equity benchmark Sensex rallied 329 points on Friday, led by gains in Infosys, HDFC Bank, TCS and Reliance Industries amid positive cues from global markets.
Capital markets watchdog Sebi has begun the process for recruiting two executive directors for faster and more effective execution of regulatory work.
India has moved down three places to 77th rank in terms of money parked by its citizens and enterprises with Swiss banks at the end of 2019, while the UK has retained its top position, as per the latest data from Switzerland’s central bank.
McDonald's has shut down one of its flagship outlets situated at 42nd Street in New York City's Times Square. The fast-food chain in a statement said that the shutting down of the restaurant was planned after a 3-story McDonalds outlet opened at the 45th Street and Broadway last year.
Indian Mobile handset brand, Lava International Limited, has pledged to contribute Rs 40 lakh to the families of brave martyrs of Galwan Valley clash at the Line of Actual Control (LAC).
Bank ATM New Rules: Many banking rules, including ATM cash withdrawal, are going to change from July 1. During lockdown, relaxations that were given to the people in banking related transactions, are going to be tightened, until there is no new announcement on the same.
In the previous session, the BSE barometer closed 26.88 points, or 0.08 per cent, lower at 34,842.10, and the broader Nifty slipped 16.40 points, or 0.16 per cent, to close at 10,288.90.
Petrol prices on Friday hiked by 21 paise while diesel prices were raised by 17 paise for the 20th day in a row on Friday. Petrol price was hiked to Rs 80.13 per litre in Delhi, while diesel rates were increased to Rs 80.19 a litre. In Mumbai, the price of petrol stood at Rs 86.91 per litre and diesel at Rs 78.51 per litre on Friday.
Speaking at a webinar organised by the Chennai International Centre (CIC), Sitharaman said that discussions are on with the RBI on the matter of one-time restructuring of loans.
The report's estimates are based on the International Monetary Fund's projections of a deeper recession in 2020 and a slower recovery in 2021.
After the resumption of the domestic flights service in india, the attention has now shifted to the resumption of the international flights. Reports have suggested that the govt could bring in new guidelines on international air travel by June 30.
'Glow & Lovely' might soon greet you from the shelves with Hindustan Unilever seeking trademark registration for the new name as the FMCG major has decided to drop the word 'Fair' from its popular fairness cream 'Fair & Lovely'.
Amid heightened border tensions with China, Indian customs officials have started physical inspection of all consignments coming from the neighbouring country based on intelligence inputs.
The Maharashtra government on Thursday approved a proposal to provide automatic, accelerated permission to FDI and industrial investment plans of Rs 50 crore and more in the state. The proposal was approved by the cabinet at its meeting here.
Making it easier for corporates to raise funds amid the coronavirus pandemic, Sebi on Thursday decided to relax the pricing methodology for preferential issuance of shares, and approved certain changes in norms for acquisition of shares through open offer.
The India-China standoff in Galwan Valley is a 'wake-up call' for the Indian companies to introspect and take actions to become more competitive globally, top industry body CII said on Thursday.
Fitch Ratings on Thursday said it has upgraded Reliance Industries Ltd's rating to 'BBB+' from 'BBB' as the company's financial profile has improved following sale of nearly 25 per cent stake in Jio and Rs 53,124 crore equity raise.
Gold prices fell by Rs 293 to Rs 49,072 per 10 gram in the national capital on Thursday amid rupee appreciation, according to HDFC Securities.
IndiGo on Thursday announced a flexible payment scheme called 'Flex Pay' under which passengers will have to pay only 10 per cent of the total fare amount at the time of booking.
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