Business
RBI may toughen NBFCs' access to public deposits

RBI may toughen NBFCs' access to public deposits

22-05-2019  comments

New Delh (IANS) The Finance Ministry may ask the Reserve Bank of India (RBI) to put strong regulatory framework around NBFCs accessing non-bank public deposits, like pension and provident fund, as these are savings of the salaried class…

Markets surge: Sensex hits record high

Markets surge: Sensex hits record high

21-05-2019  comments

Mumbai (IANS) Markets hit record highs on Tuesday's openning session extending their rally for the second day running as the BSE Sensex rose over 100 points to an all-time high of 39,571.73 in early trade.

The Sensex touched a fresh…

Reliance Retail set to disrupt Amazon, Walmart-Flipkart: Report

Reliance Retail set to disrupt Amazon, Walmart-Flipkart: Report

21-05-2019  comments

New Delhi (IANS) Reliance Retail's upcoming entry into the online retail sector is the biggest challenge for Amazon and Walmart-Flipkart as the Mukesh Ambani-led behemoth is well positioned to create massive disruption in the market, a new report…

Booster investment dosage needed to fire-up slacking consumption

Booster investment dosage needed to fire-up slacking consumption

20-05-2019  comments

Mumbai (IANS) A booster dose of government and private sector spending along with cheaper rates of finance are required to kick-start India's consumption driven demand, industry observers opined.

To put it simply, the overall economic growth…

Sensex climbs over 960 pts after exit polls

Sensex climbs over 960 pts after exit polls

20-05-2019  comments

Mumbai (IANS) The Indian equity indices opened on a firm note on Monday after most exit polls showed a BJP-led NDA getting a comfortable majority in the now concluded general elections.

The Sensex advanced over 960 points during the early trade…

With poll control ending, petrol/diesel prices start their journey northwards

With poll control ending, petrol/diesel prices start their journey northwards

20-05-2019  comments

New Delhi (IANS) Just a day after the 2019 Lok Sabha polls came to an end, state-owned oil marketing companies (OMC) on Monday have raised the retail price of petrol and diesel signalling that election induced price moderation for petroleum products…

Exit polls effect, Nifty ends with largest point gain since 2008

Exit polls effect, Nifty ends with largest point gain since 2008

20-05-2019  comments

Mumbai (IANS) The Nifty on Monday advanced by a massive 421.10 points to 11,828.25, its largest gain since 2008, as exit polls showed the BJP-led National Democratic Alliance getting a comfortable majority in the just-concluded general election.

BJP mastered WhatsApp elections in India: Shashi Tharoor

BJP mastered WhatsApp elections in India: Shashi Tharoor

19-05-2019  comments

New Delhi (IANS) The Bharatiya Janata Party (BJP) mastered the art of influencing voters via social media platforms in Lok Sabha elections and WhatsApp has been their favourite medium simply because of its massive reach, Congress Party leader…

State of economy: Job crisis continues to worsen

State of economy: Job crisis continues to worsen

19-05-2019  comments

New Delhi (IANS) The ruling NDA government won a landslide in 2014 on a promise that it will produce jobs. Five years down the line, India is staring at one of the worst job crisis ever.

A report citing National Sample Survey Office's…

India's Forex reserve rises to over $420 billion

India's Forex reserve rises to over $420 billion

18-05-2019  comments

Mumbai (IANS) India's foreign exchange reserves increased by $1.368 billion during the week ended May 10, official data showed on Friday.

According to the Reserve Bank of India's weekly statistical supplement, the overall…

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