FM to review implementation of resolution framework for Covid-related stress

New Delhi (IANS) Finance Minister Nirmala Sitharaman will review the implementation of resolution framework for Covid-related stress in bank loans, with the top management of scheduled commercial banks and non-banking financial companies (NBFC) on…

GAIL to look for growth in petrochemicals, renewable

New Delhi (IANS) State-run GAIL (India) Ltd will look for growth in areas including petrochemicals, renewables among others, said the company's CMD Manoj Jain.

The CMD's message to the shareholders in the company's annual report…

Small cap stocks outperform benchmark indices on first-time investors' fancy

New Delhi (IANS) First-time investors, who became stock market participants during the Covid-19 pandemic, are seen to behind a strong rally in the hitherto overlooked small cap stocks.

Small cap indices of both the BSE and the NSE have clearly…

Bucking Covid blues: Hyundai expects to cross yearly domestic growth threshold

New Delhi (IANS) Healthy off-take in the up-country market segment a long with robust response for new offerings has reinforced India's image as one of the most attractive markets for automobile major Hyundai.

Accordingly, the company expects…

Sensex up 250 points; banking, finance stocks surge

Mumbai (IANS) The key Indian equity indices traded on a positive note on Friday morning with the BSE Sensex rising over 250 points.

Healthy buying was witnessed in banking and finance stocks.

At 10.52 a.m., the Sensex was trading at…

Centre allows on-board meals, in-flight entertainment

New Delhi (IANS) The Union Government has permitted the resumption of on-board serving of meals and in-flight entertainment on domestic and international flights.

In an order, the Centre has said that airlines may serve pre-packed snacks and…

'Rise in govt debt to impact public spending in coming decade'

New Delhi (IANS) India's general government debt is likely to remain high in the years to come and will significantly impact the government's ability to spend in the upcoming decade, according to a report by Motilal Oswal Financial Services.

HAL shares plunge 12% as Centre proposes stake sale

Mumbai (IANS) A day after Hindustan Aeronautics said that the government has proposed to as much as sell 15 per cent stake in the company, its shares plunged over 12 per cent on Thursday.

At 10.53 a.m., shares of HAL were trading at Rs 1030.20,…

Markets open on positive note

Mumbai (IANS) The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note.

The Sensex of the BSE opened at 38,930.18 points and touched a high of 38,930.60 points. The Sensex touched a low of 38,846.76 points.

On Tuesday…

GST Council meet on Thursday, to mull Centre's compensation default

New Delhi (IANS) The GST Council will meet here on Thursday to take up the single-point agenda of GST compensation to states affected by delays in the release by the Centre, a government official privy to meeting agenda said.

The meeting was…