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As Mega Merger Takes Effect 4 State-Run Banks In Place Of 10 From Today
April 01, 2020 20:46 IST
To strengthen the financial system the government's mega-merger plan came into effect on Wednesday, combining 10 state-run banks into four.
RBI Offers More Sops To Ease Compliance Burden Amid Coronavirus Lockdown
April 01, 2020 20:46 IST
The Reserve Bank of India has announced new measures to ease the compliance burden on sectors of the Indian economy most affected by the coronavirus scare.
Coronavirus Lockdown : Online Delivery Platforms Affected, Users Feel Helpless
April 01, 2020 20:46 IST
A week into the nationwide lockdown and online delivery platforms like Bigbasket and Grofers are still suffering from operational issues along with lack of manpower to even fulfill the orders they accepted before the lockdown came into force from March 24th midnight.
COVID-19 Lockdown : Reliance Jio Likely To Witness Limited Impact, Says Report
April 01, 2020 23:38 IST
Reliance Jio is likely to witness limited impact due to the ongoing 21-day nationwide lockdown, according to a report by Motilal Oswal.
P Chidambaram: Centre Decision Based On "Stupid Advice" To Slash Interest On Small Saving
April 02, 2020 01:16 IST
Former Union Finance Minister P. Chidambaram has slammed the government for reducing the interest rates om small savings and PPF and said it may be "technically correct but it''s wrong time" a
Donations For Coronavirus To PM-CARES Fund Made Tax-Free By Special Order
April 01, 2020 18:41 IST
The Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund has been set up for providing relief to the persons affected by the outbreak of coronavirus.
Market Update : Sensex, Nifty Open In Red On Wednesday
April 01, 2020 17:24 IST
The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note during the morning session of the trade.
Six Points To Know About RBI's Moratorium On EMI
March 30, 2020 13:40 IST
Amid the nationwide lockdown, the Reserve Bank of India on Friday allowed banks and other financial institutions to provide moratorium of three months to all term loan borrowers
Market Update : Sensex Down 700 Points, Equity Indices In Red
March 30, 2020 11:59 IST
Indian stock markets opened on a negative note on Monday with the BSE Sensex trading over 700 points lower.
Coronavirus Lockdown : UP CM Sets Up Panel For Revival Of Economy
March 27, 2020 14:51 IST
UP Chief Minister Yogi Adityanath has set up a committee to prepare a roadmap for revival of the economy in the state.
Coronavirus Lockdown To Come At Heavy Economic Cost, Says Analysts
March 27, 2020 13:13 IST
The three week lockdown in India will make the year 2020 an even worse year for the economy than the 2008 global financial crisis, according to analysts.
Market Update : Sensex Up 1,100 Points On RBI Relief Hopes
March 27, 2020 12:37 IST
The Indian stock market witnessed a gap-up opening on Friday and the Sensex traded over 1,100 points higher of hopes of further relief by the Reserve Bank of India (RBI).
RBI Assures Depositors Amid Coronavirus Scare"Your Money Is Safe":Highlights
March 27, 2020 11:22 IST
Shaktikanta Das RBI Governor addresses media as the country is in the third day of the lockdown to stop the spread of the coronavirus pandemic.
Over "Disruptive" Impact Of Coronavirus,RBI Cuts Rates
March 27, 2020 11:06 IST
Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday announced a cut of 75 basis points in the repo rate to 4.4 percent.
Confederation Of Indian Industry's 10-Point Action Plan To Boost Exports
March 26, 2020 17:27 IST
The Conferederation of Indian Industry (CII) has suggested a 10-point action plan to provide the much needed boost to exports that has been hit hard by COVID-19 pandemic and closing of borders and restriction on people''s movement.
Govt To Pay 24% EPF Money For Pvt Firms, Staff For Three Months : Nirmala Sitharaman
March 26, 2020 16:26 IST
In a major relief for certain private sector companies and their staff, Union Finance Minister Nirmala Sitharaman on Thursday announced that the government will make 24 per cent contribution to the Employees'' Provident Fund (EPF), 12 per cent each for employer and employee for the next three months.
Market Updates : Sensex Surges Over 1,550 Points, Nifty Above 8,700
March 26, 2020 12:10 IST
Indian equity indices surged on Thursday morning with the BSE Sensex gaining over 1,500 points.
COVID-19 Impact: India's GDP May See Quarterly Contraction
March 26, 2020 11:36 IST
India's economy is serened to contract next quarter and full-year expansion set to suffer considerably, as a three-week nationwide lockdown started Wednesday brings activity to a halt.