The Reserve Bank expects India’s economic growth rate to grow at 7.4 per cent in the current financial year on pick up in industrial activity and good monsoon. RBI releasing its annual report in Mumbai yesterday said due to the evolving economic conditions, real GDP growth for 2018-19 is expected […]
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Sensex up by 203 points to close at new record high of 38,897
The Sensex at the Bombay Stock Exchange climbed 203 points, or 0.5 percent, to close at a new record high of 38,897. The Nifty at the National Stock Exchange advanced 47 points, or 0.4 percent, to a new peak of 11,739.
FM Arun Jaitley says Indian economy has transformed since the NDA came to power
Finance Minister Arun Jaitley has said that the Indian economy has undergone a transformation ever since the NDA came to power in 2014, as borne out by the IMF report. He said, in the last 4 years, decisiveness has led to easier decision making and made the economy stand out […]
SBI expects 10% credit growth in FY19, hopes to bounce back into profits
State Bank of India today said it has ‘set its house in order’ and the credit growth is expected to see 10 per cent growth by the end of the current fiscal. Speaking at a press conference in Hyderabad, SBI Chairman Rajnish Kumar also said the bank is in the […]
Sensex falls 69 points, Nifty 24 points in afternoon trade
At the Stock markets, the Sensex fell 69 points, or 0.2 percent, to trade at 38,268, in the afternoon trade, a short while ago. The Nifty at the National Stock Exchange dropped 24 points, to 11,559.
Sensex up by 7 points to new closing peak of 38,286
At the stock markets, the Sensex at the Bombay Stock Exchange gained 7 points, to a new closing peak of 38,286. The Nifty at the National Stock Exchange rose 19 points, to a fresh record high of 11,571.
No ATM to be replenished with cash after 9 pm from next year
No ATM will be replenished with cash after 9 PM in cities and 6 PM in rural areas from next year. In a notification, Home Ministry said the deadline for putting money in the ATMs located in Naxal-hit areas is 4 PM. It said private cash handling agencies must collect […]
Sensex sheds 188 points; Nifty closes at 11,384
The benchmark domestic share indices today closed with losses amid weak Asian stocks. The Sensex at the Bombay Stock Exchange ended down by 0.50 percent or 188 points at 37,664. The Nifty at the National Stock Exchange also slipped 0.42 percent or 51 points to 11,384. In secondary indices at […]
Sensex sheds 188 points; Nifty closes at 11,384
The benchmark domestic share indices today closed with losses amid weak Asian stocks. The Sensex at the Bombay Stock Exchange ended down by 0.50 percent or 188 points at 37,664. The Nifty at the National Stock Exchange also slipped 0.42 percent or 51 points to 11,384. In secondary indices at […]
India has comfortable forex reserves to deal with any undue volatility in currency market: Jaitley
Union Minister Arun Jaitley today said, India has comfortable foreign exchange reserves to deal with any undue volatility in the currency market. Mr Jaitley’s reaction came, a day after the Indian currency hit an all-time low of 70.1 to a US dollar. In a series of tweet, Mr Jaitley said, recent […]