Chennai (IANS) With growth in bank credit and lending rates going up faster than the interest on deposits, bank stocks performed well at the NSE with Nifty Bank touching a high of 44,151.80 points on Wednesday.
The Nifty Bank index opened strongly…
New Delhi (IANS) The 5.6 per cent contraction in manufacturing was the worst since August 2020, the Anand Rathi Research said in a report.
The worsening was broad-based yet part of the deterioration was due to transitory factors such as loss…
New Delhi (IANS) The Indian rupee has witnessed a depreciation of 6.9 per cent in the current financial year till November 30, the Parliament was told on Tuesday.
Exchange rate depreciation, other factors remaining unchanged, is likely to put…
New Delhi (IANS) The Foreign Exchange Reserves of India declined by US$ 74.65 billion to US$ 532.66 billion between March 31 and September 30.
"The Foreign Exchange Reserves of India stood at US$ 607.31 billion as on March 31, 2022. They declined…
New Delhi (IANS) Finance Minister Nirmala Sitharaman on Monday clarified in the Parliament that the government has not waived off loans availed by big companies.
Replying to a question in the Lok Sabha by CPI member K. Subbarayan, who sought…
New Delhi (IANS) India's retail inflation, measured through consumer price index (CPI), fell to 5.88 per cent in November from 6.77 per cent recorded in October.
This is the first fall seen in retail inflation after a continuous rise for…
New Delhi (IANS) The Parliamentary Standing Committee on Energy on Friday sought stakeholders' comments on the Electricity Amendment Bill, 2022, which it is currently scrutinising, within the next 15 days.
The panel, which is headed by…
New Delhi (IANS) Paytm, India's leading mobile payments and financial services company, has informed the exchanges about its plans to buyback shares as its management believes that it will be beneficial for its shareholders.
The company…
New Delhi (IANS) itel, a leading mobile brand for Bharat, on Friday announced the launch of Magic X Pro 4G Phone in India which is touted as a path-breaking initiative to provide superior connectivity experience to the consumers.
Available…
Chennai (IANS) India's consumer goods major Rs 95 billion turnover Marico Ltd's subsidiary Marico South-East Asia Corporation (MSEA) has inked an agreement to acquire Vietnamese Beauty X Corporation for about Rs 172 crore.
According…