- India priority country for UK Export Finance: Official 10 Jul 2020 14:42 By PTI KOLKATA: The UKEF, one of the world's oldest export finance agencies, has designated India as its priority country and is ready to extend its assistance in rupee term, an official said. The UK Export Finance (UKEF) has a credit limit of GBP 4 …
- Lakshmi Vilas Bank Q4 results: Net profit at Rs 93 crore after several quarters of net losses 10 Jul 2020 12:52 Kolkata: Reversal of provisions for wage hike and deferred taxes helped Lakshmi Vilas Bank report net profit of Rs 93 crore for the March quarter, after several quarters of net losses, even as it has come under more stress with capital eroding and asset …
- Market Movers: RIL at record highs ahead of AGM, TCS gains; 94 stocks give sell signals 10 Jul 2020 12:52 NEW DELHI: In a see-saw trade, the domestic equity indices closed in the red following in the footsteps of their Asian peers as fast rising Covid-19 cases in multiple parts of the world threatened the economic outlook. Losses in the blue chip indices were …
- Avoid cos with pricing control or loan waivers: Chakri Lokapriya 10 Jul 2020 12:51 There is a global reflation trade which will pull up pharmaceuticals, IT and metals -- all cyclical companies, says the CIO & MD, TCG AMC. The delivery volumes on most of these and even the large caps is very low. For instance, irrespective of the …
- India Inc should come forward and make investment: MoS Finance Anurag Thakur 10 Jul 2020 11:26 Minister of State for Finance Anurag Singh Thakur on Friday exhorted the industry to come forward and invest as Indian economy remains structurally strong. Highlighting a series of reforms, including moderation in corporate tax rate, announced by the …
- Govt receives interests from 1,400 people for coal sector investment in 15 days: MoS Finance Anurag Singh Thakur 10 Jul 2020 10:43 The government has seen interest from over 1,400 people in terms of investment in the country’s coal sector within the last 15 days, according to minister of state for finance, Anurag Singh Thakur. “If you look at the coal sector also...more than 1,400 …
- Uday Kotak figures out market rally; suggests govt, India Inc. to learn from it 10 Jul 2020 09:32 NEW DELHI: There is one trend that is baffling market veterans despite grim economic conditions and weak earnings projections: why are equity markets rallying globally? Uday Kotak, India’s richest banker and head of Kotak Mahindra Bank said central banks …
- Why oppn MLAs were left out of COVID meetings, asks Kamat 10 Jul 2020 09:10 Margao: Leader of Opposition Digambar Kamat on Thursday raised a host of issues in the state, pointing to the failure of the government as regards the handling of COVID-19 pandemic, the economy and also the deteriorating law and order situation. Speaking …
- India's ambitious plan to help small businesses does little to save them 10 Jul 2020 09:03 MEERUT/MUMBAI, July 10 (Reuters) - India re-opened for business in June after months of lockdown but for thousands of small entrepreneurs in the town of Meerut, near Delhi, the blow has been devastating. Businesses from textiles to sports goods and …
- Portion of ceiling collapses at Finance Ministry office in North Block, one injured 10 Jul 2020 08:56 Image Source : TWITTER/@NEETAS11 Portion of ceiling collapses at Finance Ministry office in North Block, one injured A person was injured as part of the ceiling at Finance Ministry's North Block office collapsed on Wednesday. Finance Ministry …
- Index funds and ETF inflows treble in two years 10 Jul 2020 08:06 Passive funds are fast gaining popularity among institutional and high networth investors. Funds with no active role of a manager such as index and exchange-traded funds (ETFs) formed 47% of the total equity funds inflow in the 12 months to June 2020 …
- Goal is to create a community of like-minded investors, says Neil Parikh of PPFAS Mutual Fund 10 Jul 2020 08:06 Parag Parikh Long Term Equity Fund is one of the most talked about equity schemes these days. The scheme has been topping the chart in one-, three- and five-year horizons. Shivani Bazaz of ETMuutualFunds.com reached out to Neil Parikh, CEO of the fund …
- BSE StAR MF contributes Rs 1,882 cr as net equity inflow in June 10 Jul 2020 08:06 Mutual funds distributor platform BSE StAR MF contributed Rs 1,882 crore as net equity inflow in June, while the industry witnessed a net infusion of Rs 240 crore. The platform had contributed Rs 3,493 crore or 66 per cent of the 45-player mutual fund …
- Charges on transfer of property, shares and mutual fund units after death of owner 10 Jul 2020 07:45
- Rajiv Gandhi Foundation had commissioned study ‘on export promotion to China’ 10 Jul 2020 06:39 New Delhi: Rajiv Gandhi Foundation (RGF), one of the three Nehru-Gandhi family trusts under the scanner for alleged misuse of foreign donations, had commissioned a study on “export promotion to China using Make in India”, information available with the …
- Finance Commission starts looking into disaster management laws in view of pandemic 10 Jul 2020 06:39 NEW DELHI: In a bid to ensure states are better prepared to face future health emergencies, the Fifteenth Finance commission has started looking into the scope and need for expanding the ambit of the country's laws related to disaster management. It is …
- HDFC AMC offloads winners of first leg of rally, turns to next lot 10 Jul 2020 06:16 HDFC Asset Management, India’s second largest mutual fund house by assets, lightened positions in the bluest of blue chips in June as the benchmark equity indices gained over 7.50 per cent. The fund house, instead, lapped up shares of select PSUs and those …
- How Rewa solar park helped India’s green economy turn a corner 10 Jul 2020 05:55 Spread over 1,590 acres; there are many a firsts to the Rewa Ultra Mega Solar Ltd (RUMSL), a joint venture of state-owned Solar Energy Corp. of India Ltd (SECI) and Madhya Pradesh Urja Vikas Nigam Ltd (MPUVNL). One of the world’s largest solar park, it …
- Finance panel weighs need to reshape disaster management act, laws to fight pandemics 10 Jul 2020 03:57 NEW DELHI: In a bid to ensure states are better prepared to face health emergencies, the Fifteenth Finance Commission has started looking into the scope and need for expanding the ambit of the country's laws related to disaster management. It is …
- Job scheme for migrants set to reach Chhattisgarh and West Bengal finally 10 Jul 2020 03:17 NEW DELHI: Twenty days after the launch of Garib Kalyan Rojgar Abhiyaan to provide employment opportunities to migrant labourers in six states, the Centre is planning to extend the programme to Opposition-ruled states of Chhattisgarh and West Bengal. The …
- Stocks in the news: TCS, RIL, Tata Motors, Ruchi Soya, IRCTC, SAIL and LVB 10 Jul 2020 02:49 Nifty futures on the Singapore Exchange traded 58.5 points, or 0.54 per cent lower at 10,776.50, in signs that Dalal Street was headed for a negative start on Friday. Here are a few stocks which may buzz the most in today's trade: Reliance Industries: …
- Pre-quarterly updates cheer up D-Street 10 Jul 2020 02:48 Mumbai: Pre-quarterly updates by some of the companies such as Bajaj Finance, Bandhan Bank, HDFC Bank, Titan and Godrej Consumer have boosted investor confidence as their June quarter numbers show India Inc is slowly getting back to business. HDFC Bank …
- Diamantaires want direct sale of roughs in India 09 Jul 2020 23:20 Surat: While the global coronavirus pandemic has prevented the diamantaires from visiting Dubai, Antwerp and Botswana to purchase rough diamonds to keep their units operational, industry leaders have come together to persuade the central government to pave …
- Finance stocks, global cues lift Indian stock market (Lead) 09 Jul 2020 22:20 Jul 09, 2020 (MENAFN via COMTEX) -- (MENAFN - IANS) Mumbai, July 9 (IANS) The key Indian equity indices were back with a rally on Thursday, led by healthy buying in finance and banking stocks. The S&P BSE Finance index closed 1.59 per cent and the …
- India's Yes Bank plans to raise up to $2 billion in share listing 09 Jul 2020 21:15 The embattled Yes Bank will look to bolster its balance sheet through a share offering from July 15 to 17 Published 11:55 PM, July 09, 2020 Updated 12:00 AM, July 10, 2020 YES BANK. A man walks past a Yes Bank branch in New Delhi, India, on July 9, 2020. …
- Nepal stops transmission of India’s news channels; Doordarshan remains on air 09 Jul 2020 20:33 By: PTI | Kathmandu | Published: July 9, 2020 10:03:05 pm The development comes after some Indian channels aired reports critical of Prime Minister K P Sharma Oli and his government. (File Photo) Nepal on Thursday stopped the transmission of all Indian …
- LG Visits Kulgam; Reviews Situation 09 Jul 2020 19:59 WhatsApp Facebook Twitter Email 0Shares SRINAGAR– Lieutenant Governor, Girish Chandra Murmu today visited District Kulgam and interacted with about 15 delegations. They included representatives of Panchayati Raj Institutions and Urban Local Bodies, traders …
- TCS signals recovery in Q2 amid washed out Q1 09 Jul 2020 18:08 It would be a tough call to make for investors tracking the June quarter numbers of Tata Consultancy Services (TCS). At one end, it was a quarter botched up by the widespread pandemic with a higher than expected decline in revenue and operating margin, and …
- CONFLICT BETWEEN MGNREGA WAGE RATES AND THE MINIMUM WAGES ACT IN INDIA: A CONCEPTUAL NOTE 09 Jul 2020 18:03 By Himanshu Raj 7 July 2020 7 July 2020 INTRODUCTION TO MINIMUM WAGES ACT 1948 AND MGNREGA The Mahatma Gandhi National Rural Employment Guarantee Act is a business ensure plot that ensures work for 100 days at a compensation pace of INR120 every …
- Punjab National Bank declares its Rs 3,688 crore exposure to DHFL as fraud 09 Jul 2020 18:00 MUMBAI: India’s second largest lender Punjab National Bank on Thursday declared its Rs 3688 crore exposure to bankrupt mortgage lender Dewan Housing Finance Limited (DHFL) as fraud. The state-run lender said the company was being reported as a fraudulent …
- Exempt current a/c held by traders from minimum balance norm, demands traders' body 09 Jul 2020 18:00 New Delhi: A traders' body on Thursday asked the RBI to instruct banks to exempt current accounts held by small businesses from maintaining minimum balance in view of the hardships being faced by them due to the coronavirus pandemic. In a letter to RBI …
- PNB Housing Finance actively looking to sell down corporate assets and raise focus on mass housing segment 09 Jul 2020 15:35 KOLKATA: PNB Housing Finance is actively looking to sell down corporate assets and raising focus on the mass housing segment even as disbursement likely to shrink this financial year. The company said there are early signs of real estate sector bottoming …
- GSK mulls tech captive in India, may reduce outsourcing to Indian IT 09 Jul 2020 13:22 British pharmaceuticals and vaccines maker GSK is planning to set up a technology development and support centre in India with about 2,000 employees to start with, sources aware of the matter told ET, potentially cutting back on outsourcing to Indian IT …
- India’s Yes Bank plans to raise up to US$2b in share listing 09 Jul 2020 13:03 A security guard stands outside a Yes Bank branch in New Delhi July 9, 2020. — AFP pic MUMBAI, July 9 — India’s embattled Yes Bank, which was on the brink of collapse earlier this year, announced plans today to raise up to 150 billion rupees (RM8.5 billion …
- Rights issues back in demand as India Inc on fund raising spree amid Covid crisis 09 Jul 2020 12:50 New Delhi, July 9 (IANS) India Inc is beefing up its war chest as business uncertainty looms large with the lockdown, and more fund raising and rights issues are back in flavor. India Inc is on a fund raising spree in times of uncertainty. Since the …
- Gold prices today trade flat as traders wait on sidelines 09 Jul 2020 12:38 NEW DELHI: NEW DELHI: Gold and silver were trading close to the flatline as cautious traders waited on the sidelines before taking any bets amid hopes of swift recovery in economic conditions, however, fast rising coronavirus cases are keeping them in …
- Is this bull market similar to the bull market of 2000? Nilesh Shah explains 09 Jul 2020 12:17 I just pray and wish that people learn from past experiences and invest in quality stocks rather than cheaper stocks, says MD, Kotak AMC. You are seeing this retail frenzy playing out on a daily basis in the markets. The fear of missing out or FOMO feeling …
- Sensex rises 409 points on firm global cues; Q1 earnings in focus 09 Jul 2020 12:17 Mumbai: Firm cues from world equities and Prime Minister Narendra Modi’s comments that the economy has started seeing green shoots of recovery boosted the investor sentiment on Street, driving benchmark indices higher after a one-day hiatus, with financial …
- Gold prices rise towards nine-year peak as virus cases spike 09 Jul 2020 12:17 Gold firmed above the key $1,800 level on Thursday just shy of a near nine-year peak on growing fears that surging coronavirus cases will put the brakes on a global economic recovery, with focus shifting to U.S. jobs data later in the day. Spot gold was up …
- India slams Pak at UN, says to introspect 09 Jul 2020 11:29 New York [USA], July 9 (ANI): India, has once again, called on the international community to take verifiable actions against terror outfits operating in Pakistan and urged its neighbour to introspect about why it is universally acknowledged as the " …
- India's GDP to contract by 3 per cent in FY21: BofA 09 Jul 2020 11:18 India's GDP will contract by 3 per cent in FY21 because of the coronavirus pandemic, assuming the economy is opened up fully from next month, a foreign brokerage said on Thursday. BofA Securities also said the RBI will monetise the fiscal deficit …
- India plans to raise $2.7 billion selling stakes in two firms 09 Jul 2020 10:57 By Siddhartha Singh India is considering a plan to raise as much as Rs 20,000 crores ($2.7 billion) by selling stake in the world’s largest coal producer, and a bank to fund a stimulus program aimed at boosting the virus-battered economy, officials with …
- IIFL Finance gains on raising Rs 200 crore via NCDs 09 Jul 2020 09:07 Shares of IIFL Finance advanced nearly 2 per cent in Thursday’s afternoon trade after the company informed bourses that it has raised Rs 200 crore on private placement basis. The scrip traded 1.55 per cent higher at Rs 78.70 at around 12.30 pm (IST), while …
- Three midcap private bank stocks Sanjiv Bhasin is bullish on 09 Jul 2020 09:07 Bharti, JSW Steel and State Bank would be my three top picks in the Nifty stocks, says Director, IIFL Securities. What is your current market view and what are you telling your clients to do? We have had a superb three months and we have no complaints. It …
- 15th Finance Commission discusses govt's revenue projections in video meet 09 Jul 2020 08:37 The 15th Finance Commission on Wednesday held a virtual meeting to discuss the Union's revenue projections in-depth. The meeting was headed by Chairman NK Singh with Finance and Revenue Secretary Ajay Bhushan Pandey, CBDT Chairman Pramod Chandra Mody …
- Fall in Voda Idea subscriber numbers worries promoters 09 Jul 2020 03:39 MUMBAI: The Aditya Birla Group and Vodafone Group Plc are alarmed at the sharp erosion in their telecom JV Vodafone Idea’s user base, with the carrier having lost about 20 million subscribers to competition in the two quarters to March, top officials …
- Gold smuggling racket big test for Kerala CM Pinarayi Vijayan 09 Jul 2020 03:10 New Delhi: The Congress-led UDF and BJP intensified demands for the resignation of Kerala Chief Minister Pinarayi Vijayan after more details surfaced of alleged links of Swapna Suresh, main accused in a gold smuggling racket, with people close to the CM. …
- Indian health care underfunded, delivery poor: World Bank Report 09 Jul 2020 03:10 New Delhi: In a presentation to the 15th Finance Commission on Tuesday, the World Bank is learnt to have flagged “fault lines” in India’s health system that have been exposed due to Covid-19. While acknowledging the “significant progress” made in India’s …
- India explores options to bar Chinese firms from Ladakh solar project 09 Jul 2020 02:32 NEW DELHI : India is exploring ways to bar Chinese firms from participating in a mega 7.5 gigawatts (GW) solar project in Ladakh including a 900-km strategic transmission link to transport surplus power to other parts of the country, said two people aware …
- William Blair Commentary: Tailwinds (and Headwinds) in India 08 Jul 2020 18:38 India, the world’s second-largest country by population, is home to 1.3 billion people, about half of whom are below age 25, meaning that a huge number of Indians will be entering their prime in terms of productivity and consumption over the coming decade. …
- Finance ministry asks states to ensure safety of bankers and stern action against unruly 08 Jul 2020 17:28 The Finance Ministry has requested states to ensure safety and security of bank officials and stern action against perpetrators following incidences of attack on bankers in some parts of the country in the recent past. The Department of Financial Services …
- India Trade Calls for Lower Import Tax 08 Jul 2020 17:01 RAPAPORT... India’s diamond sector has asked the government to reduce import duty for polished and allow direct sales of rough at the country’s special notified zones (SNZs), arguing that the measures would boost the local industry. The Gem & Jewellery …
- NSE-BSE bulk deals: Invesco India Contra Fund sells Aditya Birla Fashion RE 08 Jul 2020 15:48 Mumbai: Among the key bulk deals in the day, Invesco India Contra Fund sold Aditya Birla Fashion Rights Entitlements, while Kedia Securities lapped up shares of Tejas Networks. Of the frontline indices, Sensex shed 0.94 per cent or 345.51 points to close …
- Indian Finance Minister Wants Public Sector Firms to Invest $11.03 Bln to Boost Economy 08 Jul 2020 15:39 India 10:07 GMT 08.07.2020Get short URL New Delhi (Sputnik): On 12 May, Indian Prime Minister Narendra Modi unveiled a $266 billion stimulus package to help the economy and businesses overcome the challenges posed by the pandemic. Economic growth slid to a …
- Muthoot Finance launches [email protected] service 08 Jul 2020 13:18 Muthoot Finance, India's No.1 Most Trusted Financial Services Brand and India's largest gold loan NBFC has launched [email protected] service. This service enables customers to avail a gold loan without stepping out of his/her home. Dedicated [email protected] …
- L&T Infra Finance gets $50 m from AIIB 08 Jul 2020 07:54 L&T Infrastructure Finance (LTIF), the wholly owned subsidiary of L&T Finance Holdings, has received the first tranche of $50 million ECB loan from Asian Infrastructure Investment Bank (AIIB) to finance sustainable infrastructure. Beijing- …
- Why Bajaj Finance continues to be a strong buy 08 Jul 2020 07:15 There might be a little bit of consolidation but Mahindra & Mahindra Finance in particular stands out because of the capital raise, says Hemang Jani, Equity Strategist & Senior Group VP, MOFSL. The Q1 commentary by Bajaj Finance is clearly being …
- At UN, India says Pakistan must introspect why it's universally acknowledged as 'epicentre' of terrorism 08 Jul 2020 07:07 By PTI UNITED NATIONS: Hitting out at Pakistan for peddling 'false narratives' against it, India has asked Islamabad that it must introspect about why it is universally acknowledged as the "international epicentre" of terrorism and the …
- 99% businesses in India now in MSME category 08 Jul 2020 02:55 (Representative image) NEW DELHI: A change in definition of micro, small and medium enterprises (MSME) has turned India into a country of small businesses as nearly 99% of the entities now fall under the category based on the twin parameters of investment …
- India’s budget blowout may see RBI resort to direct financing 08 Jul 2020 01:13 The administration can get the Reserve Bank of India to buy sovereign bonds directly or boost dividends to help supplement revenue, which has been hit by an economy-crippling lockdown to contain the virus’s spread. The government is facing a budget deficit …
- LT Infrastructure Finance closes $100 million ECB from AIIB 07 Jul 2020 23:46 Mumbai (Maharashtra) [India], July 7 (ANI): LT Infrastructure Finance Company Ltd (LTIF) has received the first tranche of 50 million dollars of the total 100 million external commercial borrowing loan from Asian Infrastructure Investment Bank (AIIB), a …
- Equity indices volatile, Bajaj Finance gains 7.7 pc 07 Jul 2020 23:46 Mumbai (Maharashtra) [India], July 7 (ANI): Equity benchmark indices bounced between gains and losses on Tuesday but closed marginally higher amid mixed global cues. The BSE SP Sensex closed 187 points or 0.51 per cent higher at 36,675 while the Nifty 50 …
- Finance panel report to devote a chapter to health financing 07 Jul 2020 17:13 For the first time, the Fifteenth Finance Commission (FFC) will devote an entire chapter on health financing in its final report, its Chairman NKSingh has said. He also said that the high-level committee on the health sector constituted by the FFC and the …
- Finance Minister Nirmala Sitharaman asks heads of 23 CPSEs to boost capex plans 07 Jul 2020 15:59 As part of the government’s plan to accelerate economic growth, finance minister Nirmala Sitharaman urged central public sector enterprises (CPSEs) to boost their capital expenditure (capex) and achieve their targets, in a virtual meeting on Tuesday. …
- Oracle launches second cloud region in India 07 Jul 2020 15:24 Vinay Kumar, VP of product management for Oracle cloud infrastructure. BENGALURU: Oracle on Monday announced the launch of its second data centre region in India, in Hyderabad. It comes seven months after the launch of the first in Mumbai. The service …
- Fifteenth Finance Commission's high level group on health to work with World Bank on recommendations for health sector 07 Jul 2020 15:09 The 15th Finance Commission’s (FC) high level group (HLG) on health will work with the World Bank (WB) to assist the FC in its recommendations for the health sector, said a release on Tuesday, after an online discussion between the parties. Given its …
- L&T Infra Finance gets $100 million loan from AIIB 07 Jul 2020 14:26 MUMBAI: L&T Infrastructure Finance Company Ltd, a wholly-owned subsidiary of L&T Finance Holdings Ltd, has received the first tranche of $50 million of the total $100 million of an external commercial borrowing from the Beijing-headquartered Asian …
- L&T Infrastructure Finance closes the $ 100 million ECB from AIIB for Renewable Energy Finance 07 Jul 2020 13:50 L&T Infrastructure Finance Company Ltd. (LTIF), the wholly owned subsidiary of L&T Finance Holdings Ltd., has received the first tranche of $ 50 million of the total $ 100 million ECB loan from Asian Infrastructure Investment Bank (AIIB), a …
- AIIB extends $50 mn loan to L&T Infra Finance for Renewable Energy 07 Jul 2020 13:11 Asian Infrastructure Investment Bank (AIIB) has released $50 million in the first tranche of assistance to L&T Infrastructure Finance Ltd for funding Renewable Energy projects in the country. The Bejing-based a multilateral development bank, which …
- PM Modi to make major worldwide address to India Global Week in UK 07 Jul 2020 12:18 Prime Minister Narendra Modi will make a major worldwide address, expected to focus on India's trade and foreign investment prospects, at India Global Week 2020 organised in the UK from Thursday. Modi, who will connect remotely to the event pitched as …
- Financials in focus; Bajaj Finance, M&M Financial, Bandhan Bank up over 5% 07 Jul 2020 11:17 Shares of financial firms, mainly non-banking financial companies (NBFC) were in focus on Tuesday. The stocks rallied up to 20 per cent on the BSE after Bajaj Finance said its assets under management (AUM) under moratorium declined from 27 per cent, at the …
- India has flattened Covid curve, green shoots emerging: Finance Ministry 07 Jul 2020 09:34 India has flattened the Covid-19 curve to a great extent with early containment measures, a finance ministry report has said, and ‘green shoots’ have emerged after restrictions were lifted. “These green shoots have a conducive policy environment to grow …
- Bajaj Finance jumps 3% on moratorium update; analysts see downside 07 Jul 2020 09:03 NEW DELHI: Shares of Bajaj Finance climbed 3 per cent in Tuesday's trade after the recent business update suggests things are not as bad for the NBFC as was previously anticipated. In an update to exchanges, Bajaj Finance on Monday said its assets …
- U.S. firms in India not ready to pay digital tax, lobby group says 07 Jul 2020 09:01 NEW DELHI, July 7 (Reuters) - A lobby group representing U.S. technology giants has said its members are not yet ready to make the first payment of the country’s digital tax due this week, urging New Delhi to defer the move. India in March said all foreign …
- Buy Shriram Transport Finance, target price Rs 925: Motilal Oswal 07 Jul 2020 08:55 Motilal Oswal has given a buy rating to Shriram Transport Finance Company with a target price of Rs 925. The share price moved up by 1.97% from its previous close of Rs 697.60. The stock’s last traded price is Rs 711.35. On June 15, 2020, Shriram Transport …
- Yamaha Motor India announces special finance scheme for frontline COVID-19 warriors 07 Jul 2020 08:04 NEW DELHI: Yamaha Motor India (YMI) group of companies on Tuesday announced a special finance scheme for frontline warriors of COVID-19 under which EMIs for the first three months are reduced by 50 per cent. The initiative is targeted towards providing …
- Maruti Suzuki India partners with Axis Bank for easy vehicle financing options 07 Jul 2020 08:00 By PTI NEW DELHI: The country's largest carmaker Maruti Suzuki India Ltd (MSIL) on Tuesday said it has collaborated with Axis Bank to offer easy vehicle financing options for potential car buyers. Under the partnership, Axis Bank will offer a variety …
- India should have a calibrated economic response against China and not overdo it: Swaminathan Aiyar 07 Jul 2020 07:54 We should work towards the settlement on the border and cool all this passion of cutting out Chinese imports, says the Consulting Editor of ET Now. Is the China story over in India as Gautam Chikermane says so clearly? I just want to say it is not a clear …
- Trending stocks: Indiabulls Housing Finance shares rise nearly 1% 07 Jul 2020 06:13 NEW DELHI: Shares of Indiabulls Housing Finance Ltd. traded 0.56 per cent up in Tuesday's trade at 10:53AM (IST). Around 821,392 shares changed hands on the counter. The stock opened at Rs 230.2 and touched an intraday high and low of Rs 235.0 and Rs …
- World Bank, India sign Rs 5,600 crore support to COVID-19 hit MSMEs 07 Jul 2020 05:31 The programme will address immediate liquidity and credit needs of nearly 15 lakh viable MSMEs New Delhi: The World Bank on Monday signed a 750 million dollar (about Rs 5,600 crore) agreement with the government for MSME Emergency Response Programme to …
- Maruti Suzuki partners with Axis Bank for easy finance solutions 07 Jul 2020 05:25 Maruti Suzuki India Limited has collaborated with Axis Bank to offer easy financing options for the potential car buyers. Axis Bank is one of the key partners of Maruti Suzuki for dealer inventory as well as retail financing solutions. Attractive finance …
- Stocks to watch: PVR, HUL, Bajaj Finance, Godrej Consumer Products, NBCC 07 Jul 2020 04:22 At 08:36 am, Nifty futures on the Singapore Exchange (SGX) were trading 25.70 points or 0.24 per cent lower at 10,734.80, indicating a flat start for the Indian market on Tuesday. Here's a look at the top stocks that may remain in focus today - HUL, …
- Stocks in the news: Bajaj Finance, STFC, Max Financial, Suzlon, TCS and Apollo Tyres 07 Jul 2020 03:14 Nifty futures on the Singapore Exchange traded 38.5 points, or 0.36 per cent lower at 10,727.50 in signs that Dalal Street was headed for a negative start on Tuesday. Here are a few stocks which may buzz the most in today's trade: Shriram Transport …
- India’s Ties with South Asian Neighbours Strained 06 Jul 2020 23:20 Image source: Wikipedia Commons TORONTO | NEW DELHI (IDN) – Though India became a non-permanent member of the United Nations Security Council on June 17, with undisputed support from all countries in the 55-member Asia-Pacific Group for a two-year term in …
- Four Key Challenges Facing India’s Local Energy Enterprises During COVID-19 – And 16 Ways Funders Can Help 06 Jul 2020 19:30 Editor’s note: This article is part of NextBillion’s series “Enterprise in the Time of Coronavirus,” which explores how the business and development sectors are responding to the pandemic. For news updates and analysis, virtual events, and links to useful …
- Citing dues, AAI to put Air India on cash & carry at some airports from midnight 06 Jul 2020 17:11 (Representative image) NEW DELHI: In a fresh challenge to cash-strapped Air India, Airports Authority of lndia (AAI) has warned to put the airline on cash and carry from Tuesday at Ahmedabad, Bhubaneswar, Chennai and Kolkata airports. AAI has taken this …
- Early green shoots of economic revival visible in May, June: Finance ministry report 06 Jul 2020 14:58 (Representative image) NEW DELHI: The finance ministry in its macroeconomic report June 2020 has stated that readings of high frequency indicators in India have cited emergence of green-shoots in the economy for the month of May and June. The report comes …
- Bajaj Finance may consider additional Covid-19 provisioning in Q1 06 Jul 2020 14:25 Mumbai: Bajaj Finance said on Monday it may consider additional accelerated provisioning for Covid-19 in the first quarter of fiscal year 2021 to further strengthen its balance sheet. The consumer goods financier had provided Rs 900 crore as contingency …
- India has flattened Covid curve, green shoots have emerged: Finance Ministry 06 Jul 2020 13:46 India has flattened the Covid-19 curve to a great extent with early containment measures, a finance ministry report has said, and ‘green shoots’ have emerged after the restrictions were lifted. “These green shoots have a conducive policy environment to …
- Going forward, India should be the steel producer of the world, not China: Sajjan Jindal 06 Jul 2020 12:57 By Nikunj Dalmia We are now looking at industry 4.0 wherein we are trying to make the process absolutely state of the art, says the JSW group Chairman. Talking specifically, about the manufacturing sector, there are two outliers – one is the auto industry. …
- Coronavirus live news: India cases third-highest globally; flights between Greece and Britain to fully resume 06 Jul 2020 12:39 8.31am EDT 08:31 Kuwait reported 538 new infections on Monday, bringing its total tally to 50,644 and 373 deaths. The Gulf state initiated a five-phase plan at the start of June to gradually lift coronavirus restrictions, including partially restarting …
- Sensex ends at 4-month high on easing India-China tensions, firm global cues 06 Jul 2020 12:12 Mumbai: BSE barometer Sensex ended higher for the fourth straight session on Monday, led by gains in financial stocks and index heavyweight Reliance Industries (RIL), as firm world equities and initial signs of ease in tensions between India and China …
- Aye Finance raises Rs 125 cr from Germany-based investor 06 Jul 2020 11:55 NEW DELHI: Fintech start-up Aye Finance on Monday raised Rs 125 crore in debt from Germany-based Invest in Vision, a top official of the company said. The company will use the fund to enhance lending for the micro enterprise sector, Aye Finance managing …
- Sensex soars 466 points as India-China border tension eases, RIL, HDFC Bank drive rally 06 Jul 2020 11:22 By PTI MUMBAI: Extending its gains to the fourth straight session, equity benchmark Sensex surged 466 points on Monday, driven by gains in index-heavyweights Reliance Industries and HDFC Bank amid easing India-China border tension and bullish trend in …
- Renault India launches new RXL variant of KWID 06 Jul 2020 10:12 Says KWID crossed 3.5-lakh sales mark in India Renault India on Monday announced the launch of the new RXL variant of its flagship offering KWID, which has been introduced with a BS-VI compliant 1.0-L powertrain in MT and AMT versions. The new RXL variant …
- Gulftimes - Qatar to become hub for fintechs eyeing India, Pakistan and Bangladesh- Al-Jaida 06 Jul 2020 08:37 Qatar is ideally positioned to act as a commercial and operating hub for fintechs looking to tap into such key markets as India, Pakistan and Bangladesh, according to a top official of the Qatar Financial Center (QFC). This is mainly due to Doha's …
- India-China tussle: Govt seeks stricter checks on Sri Lanka, Bangladesh, South Korea, Asean imports 06 Jul 2020 02:14 NEW DELHI: The commerce and industry ministry has sought stricter scrutiny of goods coming from Bangladesh, Sri Lanka, South Korea and the Asean bloc, amid fears of Chinese imports increasingly being routed through these countries. It has pushed for fast …
- A Pathway to Universal Healthcare in India 05 Jul 2020 17:19 Asia-Pacific, Headlines, Health, Poverty & SDGs Opinion An infant in intensive care at the Holy Family Hospital in New Delhi. Credit: Holy Family Hospital. BANGALORE, India, Jul 5 2020 (IPS) - Universal healthcare (UHC) is an important global goal …
- Indian Lawmaker Calls Finance Minister 'Venomous Snake' for 'Shattering' the Country's Economy 05 Jul 2020 16:07 India 12:56 GMT 05.07.2020Get short URL New Delhi (Sputnik): In the wake of COVID-19 outbreak, India’s Gross Domestic Product growth fell to a 12-year-low of 3.1 percent in January- March. Observers have projected negative growth for the Indian economy …
- India recovery depends on controlling virus: Moody's 05 Jul 2020 04:17 !1 New UpdateClick here for latest updates The Bahuda Rath Yatra concluded on Saturday, marking the end of the 13-day long Rath Yatra, the annual chariot festival. Bahuda Yatra marks the return of Lord Balabhadra, Devi Subhadra and Lord Jagannath to the …
