Business News

Last updated: Wednesday, February 20, 2019 11:16:05 PM

FinMin to take up demands to RBI on PCA, interim dividend, SME loan easing
New Delhi, Feb 17 (IANS) The Finance Ministry will take up the issue of dividend and Prompt Corrective Action (PCA) and easing of SME loan norms by public sector banks banks with the RBI when Finance Minister Arun Jaitley will address the Board of Directors of the Reserve Bank on Monday in his first meeting after the Interim Budget.

Sunday, February 17, 2019 3:50:05 PM

15 lakh salaried employees with PF a/c's stuck with toxic IL&FS bonds (IANS Exclusive)
New Delhi, Feb 17 (IANS) A new threat looms large for the government in an election year. A spanking new but restive community of salaried employees is concerned about its money deposited with the Employees Provident Fund Organisation (EPFO).

Sunday, February 17, 2019 2:58:04 PM

Ind Inc promoters forced to draw loans by pledging their holdings (With Chart)
Mumbai, Feb 17 (IANS) The stress in corporate India seems to be more deep seated than what is coming out from earnings numbers. A large number of India Inc promoters has been forced to draw loans by pledging their holdings in the company and keep their entities afloat.

Sunday, February 17, 2019 2:24:07 PM

Rupee weakened against $ in choppy weekly trade
Mumbai, Feb 17 (IANS) In a choppy week's trade, the Indian currency weakened against the US dollar to close above the 71 a dollar mark on Friday, owing to a sharp rise in crude oil prices, turmoil in the equity markets and uncertainty around the US-China trade relations.

Sunday, February 17, 2019 12:54:06 PM

RBI may impose penalty on Yes Bank for info disclosure leading to stock soaring
New Delhi, Feb 17 (IANS) The Reserve Bank of India (RBI) may impose monetary penalty on Yes Bank for breaching the confidentiality norms of its communications exchange with the private bank which the central bank is said to be treating as a market-related information slip aimed at boosting the stock.

Sunday, February 17, 2019 12:06:05 PM

India-Pakistan tensions, global cues to dent equity indices (Market Outlook)
Mumbai, Feb 17 (IANS) The key Indian equity indices may slide further in the coming week as the prevailing India-Pakistan tensions along with high global crude oil prices are expected to weigh heavy on investors' sentiments.

Sunday, February 17, 2019 12:00:07 PM

Net SIP growth falls 61% in April-December
New Delhi, Feb 17 (IANS) Growth of Systematic Investment Plan (SIP) in the country's mutual fund industry fell 61 per cent in the first nine months of the current fiscal, following a year of negative returns and the growing uncertainty due to the upcoming elections.

Sunday, February 17, 2019 11:38:04 AM

NGO appeals against auto companies making number plates
New Delhi, Feb 16 (IANS) Expressing concerns over the new norms for High Security Registration Plates (HSRP), the NGO Raahat Safe Community Foundation has said automobile manufacturers should not be given the right to make HSRP as multiple number plate makers might risk national security.

Saturday, February 16, 2019 3:56:03 PM

Bengal may exceed CGST target: Official
Kolkata, Feb 15 (IANS) About Rs 12,000 crore of Central Goods and Services Tax (CGST) was collected from West Bengal during the current fiscal till December 2018, an official said on Friday.

Friday, February 15, 2019 11:12:05 PM

Finance Commission discusses impact of power reforms on states
New Delhi, Feb 15 (IANS) The Fifteenth Finance Commission on Friday discussed the impact of the power sector reforms on state finances in a meeting with the Ministry of Power.

Friday, February 15, 2019 10:56:04 PM

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