'Improved economic environment to boost FY21 credit growth'

New Delhi (IANS) Improved economic environment in 2HFY21 and the Centre's focus on higher spending especially on infrastructure will give a boost to FY21 credit growth, India Ratings and Research (Ind-Ra) said.

The agency's February…

Market extends losses, Sensex down 1,500 points

Mumbai (IANS) Extending its losses the BSE Sensex declined over 1,500 points in line with global selloff.

Around 11.33 a.m., Sensex was trading at 49,517.48, lower by 1,521.83 points or 2.98 per cent from the previous close of 51,039.31.

Sensex up 500 points, Nifty reclaims 15,000

Mumbai (IANS) The key Indian equity indices opened on a positive note on Thursday with the BSE Sensex rising over 500 points.

The Nifty50 on the National Stock Exchange also rose above the 15,000 mark.

Healthy buying activity was witnessed…

Moody's expects India's fiscal position to remain weak

New Delhi (IANS) Moody's Investors Service says that India's (Baa3 negative) weak fiscal position will remain a key credit challenge in 2021.

According to Moody's, the prospects for fiscal consolidation remain weak particularly…

Fuel price relief as oilcos spare petrol, diesel from price hike

New Delhi (IANS) Oil marketing companies on Wednesday gave momentary relief to consumers from skyrocketing fuel prices by keeping retail price of petrol and diesel unchanged.

Accordingly, the price of petrol continued to be at Rs 90.93 a litre…

Poor network experience forcing users to leave Jio for Airtel

New Delhi (IANS) Airtel is fast gaining ground in India when it comes to wooing new users while the industry disruptor Jio is losing customers owing to "poor network experience", a new report has revealed.

According to global mobile analytics…

Fuel prices resurge after two-day break

New Delhi (IANS) The petrol and diesel prices across the country continued their northward march after two days break taking its retail rates to unprecedented levels while burning bigger holes in the consumers pockets.

The oil marketing companies…

SAT puts SEBI order in abeyance in 63 moons STP Gate case

Mumbai (IANS) The Securities Appellate Tribunal (SAT) on Monday reserved its verdict in 63 moons Technologies Limited's challenge to the Securities and Exchange Board of India (SEBI) order disallowing the company from providing Straight Through…

Bears take hold of market, Sensex crashes 1,100 pts

Mumbai (IANS) The Indian stock market is on a bear run now with the BSE Sensex losing over 1,100 points on Monday largely following a global sell-off.

Globally, markets have taken to consolidation after the recent surge to record highs amid…

Tata Motors launches all-new Safari SUV

Mumbai (IANS) Automobile major Tata Motors on Monday launched its premium flagship SUV - the all-new Safari.

According to the company, the new Safari comes with a starting price of Rs 14.69 lakh (ex-showroom Delhi) for the 6 or 7-seater version.