Mumbai (IANS) The Reserve Bank of India on Thursday extended a scheme whereby stressed MSME borrowers will become eligible for restructuring their debt, provided their accounts with lenders were classified as 'standard' as on March 1, 2020.
…Mumbai (IANS) In a major development for digital payment services, the Reserve Bank of India has decided that payment system operators (PSOs) will have to implement Online Dispute Resolution (ODR) systems in a phased manner.
The RBI has said…
Mumbai (IANS) The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note.
The Sensex of the BSE opened at 37,892.36 points and touch a high of 38,032.65 points. The Sensex touched a low of 37,889.59 points.
On Tuesday,…
Mumbai (IANS) Gold futures on the Multi-Commodity Exchange (MCX) reached a new record level on Wednesday as it neared the Rs 55,000 mark.
The October contract of gold on the MCX touched an all-time high of Rs 54,910 per 10 gram. It is currently…
Mumbai (IANS) The key Indian equity indices traded on a positive note on Tuesday morning, with the BSE Sensex surging over 300 points.
Healthy buying was witnessed in banking and finance stocks. Further, gains in the Asian markets also supported…
New Delhi (IANS) As the country goes through phases of 'Unlock' and economic activities are permitted in a staggered manner, the Department of Economic Affairs' (DEA) monthly economic report has suggested that the worst seems to be over…
New Delhi (IANS) Hitting back on Cyrus Mistry's allegations, Ratan Tata, Chairman Emeritus of Tata Sons, has said that Mistry has created a smokescreen of oppression and mismanagement.
In his rejoinder affidavit filed in the Supreme Court…
Mumbai (IANS) The key Indian equity indices declined on Monday morning with the BSE Sensex losing over 400 points and the Nifty50 on the National Stock Exchange (NSE) falling below the 11,000 mark.
Heavy selling in banking and finance stocks…
New Delhi (IANS) The Power Ministry has sought cabinet approval for raising the working capital borrowing limit of financially stressed state electricity distribution utilities to help them access the Rs 1.25 lakh crore liquidity support offered by…
New Delhi (IANS) The Finance Ministry may soon have a decision to make, whether to encourage retail investors participation in the stock market through direct trading or to discourage them as seems to be the case with recent diktats on margins and…