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Updated: 43 min 3 sec ago

Distribution platforms look at offering loans against MF units to investors

Tue, 07/07/2020 - 19:21
Investors can get these loans at 9-10 per cent interest rate

Jio Platform gets Rs 43,574 cr from Facebook for 9.99% stake sale

Tue, 07/07/2020 - 18:24
The deal between Jio Platforms and Facebook was announced on April 22

Chinese military withdraws troops, removes structures in Hot Springs, Gogra

Tue, 07/07/2020 - 18:21
Mutual disengagement of troops at these two friction points is likely to be over within two days

Groupe ADP, GMR restructure airport deal due to coronavirus pandemic

Tue, 07/07/2020 - 18:18
The French airport operator will now pay Rs 9,720 crore instead of Rs 10,780 crore which it had agreed to pay earlier

Green shoots visible, India will bounce back: NITI Aayog CEO Amitabh Kant

Tue, 07/07/2020 - 17:59
"I am hopeful that we will bounce back and bounce back with a vengeance," Kant said while speaking at 'FICCI FRAMES 2020'.

WHO says emerging evidence points to airborne spread of Covid-19

Tue, 07/07/2020 - 17:35
The WHO earlier said the virus that causes Covid-19 disease spreads primarily through small droplets expelled from the nose and mouth of an infected person that quickly sink to the ground

RBI steps up intervention in forwards, rupee weakens on heavy dollar demand

Tue, 07/07/2020 - 17:34
The central bank is parking these accumulated dollars in the forwards markets, which is improving liquidity for now at the cost of demand of dollar for a future date

Economic revival: FM asks PSUs to spend 50% of budgeted expenditure by H1

Tue, 07/07/2020 - 17:11
Expenditure by PSUs slows down in Q1, PSUs flagged off problems faced by them

Decision on visas of foreign students: India raises issue with US

Tue, 07/07/2020 - 17:04
The issue was raised by Foreign Secretary Harsh Vardhan Shringla during an online meeting with US Under Secretary of State for Political Affairs David Hale

Capgemini bucks trend, rolls out wage hikes, promotions amid Covid crisis

Tue, 07/07/2020 - 16:41
Performance review likely to see some retrenchments

Borrowers opting out of loan moratorium with unlocking of economy: Bankers

Tue, 07/07/2020 - 16:33
According to Punjab National Bank Managing Director S S Mallikarjuna Rao, only 30 per cent of borrowers utilised moratorium facility while 70 per cent continued to service their loans.

Low interest rate regime critical for survival of banks: K V Kamath

Tue, 07/07/2020 - 16:23
Praising the decision of the RBI for extending moratorium to borrowers till August, Kamath said it was very well done

Banks sanction Rs 1.14 trn loans to MSMEs under credit guarantee scheme

Tue, 07/07/2020 - 16:18
Under the ECLGS, the loan amounts sanctioned by PSBs increased to Rs 65,863.63 crore, of which Rs 35,575.48 crore has been disbursed as of July 4

Sebi considers allowing futures trading in petrol, diesel: Official

Tue, 07/07/2020 - 15:42
Currently, futures trading is allowed in crude oil. Petrol and diesel are, among others, the two major refinery products derived from crude oil

Vizag gas leak: LG Polymers CEO, 2 directors among other officials held

Tue, 07/07/2020 - 15:38
Visakhapatnam city Commissioner of Police R K Meena gave this information to PTI over phone

YES Bank files prospectus with RoC to raise up to Rs 15,000 cr via FPO

Tue, 07/07/2020 - 15:05
Restates accounts for last three years, but no impact on bottom line

Face masks, hand sanitisers kept out of Essential Commodities Act: Govt

Tue, 07/07/2020 - 14:51
A decision in this regard was taken after consultation with the state governments

Equalisation Levy: Govt not considering deadline extension for tax

Tue, 07/07/2020 - 14:36
The 2 per cent Equalisation Levy was introduced in the 2020-21 Budget and has come into effect from April 1, 2020

Eng vs WI, 1st Test preview: Cricket returns in a bio-secure environment

Tue, 07/07/2020 - 14:29
This will be the first time when international cricket will be played with new set of changed rules put forward by ICC looking at the coronavirus threat

Gold jumps Rs 102 to Rs 49,228 per 10 gram, silver declines Rs 249

Tue, 07/07/2020 - 14:18
Silver declined by Rs 249 to Rs 50,573 per kg from Rs 50,822 per kg in the previous trade