Industry bodies urge RBI to extend card tokenisation deadline

New Delhi (IANS) The Merchant Payments Alliance of India (MPAI) and the Alliance of Digital India Foundation (ADIF) on Wednesday urged the Reserve Bank of India (RBI) to extend the card-on-file (CoF) tokenisation deadline of December 31 for…

Global cues boost Indian equities; realty stocks' rise

Mumbai (IANS) Positive global cues along with bargain hunting supported India's key equity indices' up-move during the mid-afternoon trade on Wednesday.

However, rising Omicron cases as well as continuous outflows of foreign funds capped…

In 72 hours, IDBI Bank releases 3 figures of loan defaults by Diamantaire group

Mumbai (IANS) In a strange development, the government-backed private sector IDBI Bank Ltd. here has revealed three different figures of the alleged loans defaulted by a well-known diamantaire group, surprising banking and diamond industry circles.

Equities sharply down in early trade; Adani Transmission top loser

New Delhi (IANS) The 30-scrip Sensitive Index (Sensex) declined sharply during early trade on Monday and one of the top losers was Adani Transmission.

It is important to note here that Indian equity indices declined six out of past seven sessions…

Inflationary inflected: Centre suspends futures trade in 7 agri commodities

New Delhi/Mumbai (IANS) To check inflationary pressure, India on Monday suspended trade in futures contracts of some agricultural commodities for one year.

As per a Ministry of Finance notification, these agri commodities include wheat, paddy…

Mega gems, jewellery CFC to come up at SEEPZ Mumbai

Mumbai (IANS) A mega 'Common Facility Centre' (CFC) for gems and jewellery will come up at SEEPZ special economic zone in Mumbai with an investment of Rs 70 crore.

Union Commerce Minister Piyush Goyal laid the foundation stone for a…

Cosmo Ferrites turns multibagger, shares up nearly 2,000% in 2021

New Delhi (IANS) Cosmo Ferrites stocks have bagged strong and healthy returns in 2021, rising by almost 2,000 per cent.

Shares of the company rose from Rs 12 in the beginning of 2021 to Rs 247 on Friday's close.

The sharp rise in…

Mega trend: ESG investing gaining traction in India

New Delhi (IANS) The Covid-19 pandemic accelerates demand for sustainable ESG investing in india, Motilal Oswal Financial Services (MOFSL).

The ESG (environmental, social, and governance) factors determine a company's impact on society…

Clearance of 38 lakh cheques worth Rs 37,000 cr affected by bank strike

Chennai (IANS) The ongoing two-day nationwide bank strike against the privatisation of government banks has affected clearing of cheques worth about Rs 37,000 crore, said C.H. Venkatachalam, General Secretary of the All India Bank Employees' Association…

Equities settle sharply low; bank, financial services stocks down

New Delhi (IANS) The Indian equity indices - S&P BSE Sensex and NSE Nifty50 - settled sharply low on Friday, declining in five out of past six sessions amid heavy sell-offs.

The indices traded lower all through the session on Friday. The Sensex…