Govt sanctions over Rs 25K cr under 'Stand-Up India'

New Delhi (IANS) Centre has sanctioned an amount of Rs 25,586 crore under the 'Stand-Up India' scheme to over 1.14 lakh accounts up to March 23 since the inception of the scheme.

A total of Rs 3,335.87 crore has been sanctioned for…

Surge in commodity prices to impact India's economy: Ind-Ra

New Delhi (IANS) Further surge in global commodity prices will have serious implications for India's economy which is still struggling to come out of the Covid-19 impact, ratings agency Ind-Ra said.

As per Ind-Ra, a higher retail inflation…

IndiGo introduces door-to-door baggage transfer service

New Delhi (IANS) Airline major IndiGo on Friday said that it has partnered with on-demand platform CarterPorter to provide door-to-door baggage delivery service.

The airline has commenced the service from April 1, in New Delhi and Hyderabad…

Metal, auto, tech stocks top sectoral gainers in FY21

Mumbai (IANS) As the Indian stock market surged to new highs in FY 2020-21 amid a bull run, the top gainers in the sectoral space were metals, auto and technology.

All sectors delivered positive returns in the last financial year.

A…

March GST collection surges to over Rs 1.23 lakh Cr

New Delhi (IANS) India's gross GST revenue collection reached a new record high of over Rs 1.23 lakh crore in March 2021.

Accordingly, the GST revenues during March 2021 are the highest since the introduction of the tax.

"In line…

India records highest ever FII inflows in FY'21

New Delhi (IANS) India recorded the highest ever FII inflows of $37.6 billion in financial year 2021, greater than the cumulative inflows of the last six years.

As per a report by Motilal Oswal Financial Services, DIIs recorded the first outflows…

Equity indices in green, metal stocks surge

Mumbai (IANS) The key Indian equity indices traded in the positive territory on Thursday morning led by healthy buying in metal stocks.

Around 10.40 a.m., Sensex was trading at 49,683.79, higher by 174.64 points or 0.35 per cent from its previous…

Sensex down 500 points; banking, finance stocks fall

Mumbai (IANS) The key Indian equity indices declined on Wednesday morning, with the BSE Sensex losing over 500 points.

Heavy selling pressure was witnessed in banking and finance stocks.

Around 10.24 a.m., Sensex was trading at 49,629.68,…

NBFC-MFIs to charge 7.81% average base rate in April-June

Mumbai (IANS) The Reserve Bank of India (RBI) on Wednesday said that Non-Banking Financial Company - Micro Finance Institutions (NBFC-MFIs) will charge an applicable average base rate of 7.81 per cent from their borrowers during the April-June quarter.

Cabinet likely to consider IDBI Bank privatisation next week

New Delhi (IANS) As the government's new disinvestment policy moves ahead, the Union Cabinet is likely to consider the privatisation of IDBI Bank in its meeting next week, sources said on Tuesday.

The LIC-owned IDBI Bank would be the first-ever…