ISI, D-company resurface with new route to pump fake notes into India

New Delhi, June 1 (IANS) After a brief interval, high-quality Fake Indian Currency Notes (FICN) are again being printed across India's eastern borders and are being pumped into the country at an alarming rate.

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Sensex above 40,000, Nifty tops 12,000

Mumbai (IANS) Optimism over Prime Minister Narendra Modi's new cabinet drove the markets near its peak on Friday led by IT, banking and financial companies.

At 9.54 a.m., the S&P BSE Sensex was trading 273.74 points or 0.69 per cent…

Q4 FY19 GDP growth slumps to 5.8% from 7.7% YoY FY18

New Delhi (IANS) The GDP growth rate of the country plunged to 5.8 per cent during the January-March quarter of the financial year 2018-19, from 7.7 per cent growth witnessed during the same quarter of the previous year, data from the Central Statistical…

Coal India Q4 net profit at Rs 6,024 cr zooms 362%

Kolkata (IANS) State-run Coal India Ltd (CIL) on Thursday reported a whopping over 362 per cent increase in its consolidated net profit for the fourth quarter of 2018-19 ended March at Rs 6,024.23 crore, as compared to Rs 1,302.63 crore…

Q4 GDP growth likely 6.3%, FY19 GDP at 6.8%: Sources

New Delhi (IANS) With key sectors like agriculture, industry , manufacturing -in slowdown since the last nine months, GDP growth in the fourth quarter ended may be the fiscal's lowest at 6.3 per cent in 2018-19, official sources said on Thursday.

Air India seeks nod for Rs 2,400 crore loan from NSSF

New Delhi (IANS) Disinvestment-bound Air India has sought the government's approval to borrow Rs 2,400 crore from National Small Savings Fund (NSSF), a pool of small savings from households, to meet its working capital requirements.

Good response to Offer for Sale of stake in RNAM: Reliance Capital

Mumbai (IANS) The Anil Ambani-led Reliance Capital on Tuesday said that the Offer for Sale (OFS) of its stake in Reliance Nippon Life Asset Management Ltd (RNAM) had received an excellent response from investors.

In a statement…

Equity indices open flat tracking Asian markets

Mumbai (IANS) The key Indian equity indices opened on a flat note on Monday tracking a similar trend in the major Asian markets.

The ongoing trade concerns between the US and China weigh continues to weigh on the investor sentiments globally,…

Finance Ministry seeks central sponsored schemes evaluation prior to Budget

New Delhi (IANS) The Finance Ministry has asked all ministries to report evaluation of Central Sector schemes under them in an effort to decide on funds allocations and requirement of improvements in them prior to the Budget.

The Department…

New government formation, GDP data to dictate equity trends

Mumbai (IANS) The formation of the new government at the Centre along with GDP data and derivatives expiry will dictate the trends of the Indian equity market in the coming week.

The BJP-led National Democratic Alliance (NDA), which comprehensively…