Economic & Finance News
“Make In India has substantial accomplishments across 27 sectors. These include strategic sectors of manufacturing and services as well,” the commerce and industry ministry said in a statement. [...]
"This FDI has come from 101 countries, and invested across 31 union territories and states and 57 sectors in the country. On the back of economic reforms and Ease of… [...]
Following the monetary tightening across the globe, the dollar rallied to a 20-year high. RBI's action back home to prevent sharp depreciation of the rupee may lead to further fall… [...]
While the problems in currency markets right now are in many ways reminiscent of the 1980s, the solutions are unlikely to be. Back then, the world’s economic superpowers agreed to… [...]
Lenders of twin Srei companies passed resolutions to lower the earnest money deposits (EMD) to ₹50 crore from ₹150 crore and the performance bank guarantee to a minimum of ₹300… [...]
Micro loan disbursals during the June quarter improved sharply to Rs 45,830 crore as compared with Rs Rs 25,503 crore seen in the same period a year ago. The number… [...]
The FMCG industry alone accounted for 75% of the total illicit value of goods in five key industries. Tobacco products and alcoholic beverages- two highly regulated industries - account for… [...]
"A monitoring committee may be able to draw ministries, departments and public sector enterprises out of their reluctance," an official said. The finance ministry's FY24 budget circular issued on September… [...]
During the lockdown induced by the COVID-19 pandemic, people received money in their bank accounts just by pressing a button, she said. "If they could not go to the bank… [...]
Changes in production-linked incentive (PLI) scheme for manufacturing of semiconductor were approved by the Cabinet on Wednesday. [...]
In FY22, IFC committed a record $32.8 billion to private firms and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost… [...]
The weighted average rate in the interbank call market, where banks lend and borrow among one another, was at 5.61% on Monday versus 5.17% last Thursday and 5.20% Friday, reflecting… [...]
Finance minister Nirmala Sitharaman conveyed this to IFC managing director Makhtar Diop at a meeting on Monday. [...]
The agency also upwardly reviewed its credit growth estimate to 13 per cent from the earlier expectation of 10 per cent, on higher working capital demand, shift to bank lending… [...]
Market News
Nagaraj Shetti, Technical Research Analyst, HDFC Securities, said, “the steep weakness continued in the market for the second consecutive session on Monday, and Nifty closed the day lower by 311… [...]
BRITAIN-BOE/ (UPDATE 1)UPDATE 1-Bank of England says it "will not hesitate" to raise rates [...]
As per the provisions of investment advisers rules, the administration and supervision of Investment Advisers (IAs) has been delegated to BASL. [...]
The order came after Sebi conducted an examination in the scrip of Zee Media Corporation for the period April 2019-2020. [...]
Primarily, valuations of consumption as well as investment stocks are way higher than historical levels. The market typically expects a fast normalization in respect of both interest rates as well… [...]
Leading stock exchange BSE on Monday said it has received the final approval from the capital markets regulator Sebi for introducing the Electronic Gold Receipt (EGR) on its platform. [...]
A long bear candle was formed on the daily chart, which chart readers say indicate a sharp down-trended movement in the market. Nifty’s biggest support will be at 16,907, while… [...]
The index breached its important support levels, and pullback rallies should be utilized to initiate fresh short positions. The higher-end resistance is visible at the 39,500-40,000 zone, and the next… [...]
At 10:09 a.m. ET the Dow Jones Industrial Average was down 119.29 points, or 0.40%, at 29,471.12, the S&P 500 was up 3.43 points, or 0.09%, at 3,696.66 and the… [...]
The Nifty50 index plunged by more than 1 per cent for the second consecutive day in a row, and it looks like the index officially entered a ‘sell on rise’… [...]
Apart from their capabilities, HCL has partnerships with Amazon Web Services (AWS), IBM, Microsoft, Google (for cloud), Dell, CISCO, Adobe, etc. to provide solutions to clients in their digital journey.The… [...]