Mumbai (Maharashtra) [India], Dec 4 (ANI): Equity indices closed in the green on Wednesday amid expectations of another interest rate cut by the Reserve Bank of India (RBI) and report that the United States and China are moving closer to a trade deal.
Mumbai (Maharashtra) [India], Dec 3 (ANI): Fresh trade war fears and profit-booking by traders led equity indices to fall on Tuesday amid expectations of another interest rate cut by the Reserve Bank of India (RBI) later this week.
New Delhi [India], Dec 2 (ANI): Although business conditions in the Indian manufacturing sector improved in November, the upturn remained subdued compared to earlier in the year and the survey history, according to IHS Markit India Manufacturing Purchasing Managers' Index (PMI) released on M
Mumbai (Maharashtra) [India], Nov 30 (ANI): The Reserve Bank of India (RBI) has filed an application to initiate insolvency proceedings against mortgage lender Dewan Housing Finance Ltd (DHFL).
New Delhi [India], Nov 28 (ANI): Oil and Natural Gas Corporation (ONGC) said on Thursday it has issued 300 million dollar notes at a coupon of 3.375 per cent per annum payable semi-annually in arrears.
Singapore, Nov 25 (ANI): Inclusion of non-bank finance institutions (NBFIs) in the Insolvency and Bankruptcy Code (IBC) 2016 is credit positive for banks, Moody's Investors Service said on Monday.
Mumbai (Maharashtra) [India], Nov 22 (ANI): The Reserve Bank of India (RBI) on Friday appointed a three-member advisory committee to assist R Subramaniakumar, the former Managing Director and CEO of Indian Overseas Bank who recently took over the administrator for Dewan Housing Finance Corpo
New Delhi [India], Nov 22 (ANI): Union Minister for Minority Affairs Mukhtar Abbas Naqvi on Friday slammed Congress for accusing the Centre of covering up corruption through the introduction of electoral bonds scheme and said that the Congress party never favoured transparency in the elector
Mumbai (Maharashtra) [India], Nov 22 (ANI): Bank of Baroda (BoB) has denied allegations by British Labour Party politician that the bank facilitated corruption in South Africa under the rule of former President Jacob Zuma.
Mumbai (Maharashtra) [India], Nov 21 (ANI): New guidelines on liquidity risk management (LCR) announced by the Reserve Bank of India (RBI) for non-banking finance companies (NBFCs) including core investment companies (CICs) will increase discipline in liquidity maintenance and improve transp
Mumbai (Maharashtra) [India], Nov 20 (ANI): The Reserve Bank of India (RBI) on Wednesday superseded the board of beleaguered Dewan Housing Finance Corporation Limited (DHFL) as it "intends to shortly" initiate the process of insolvency.
Mumbai (Maharashtra) [India], Nov 19 (ANI): Congress leader Eknath Gaikwad on Tuesday wrote a letter to Maharashtra Governor Bhagat Singh Koshyari over the PMC Bank crisis and suggested that the Reserve Bank of India should increase the withdrawal limit to Rs 2 lakh per month for saving acco