Parliament has already approved Rs 5,050 crore for meeting additional expenditure on recapitalisation of public sector banks (PSBs) earlier this month.
Retirement fund body EPFO is likely to approve tomorrow a proposal to provide insurance cover to its subscribers for three years after cessation of employment
The rupee extended its gains for the second day on Monday against the US currency, moving up by 7 paise to close at 66.57 a dollar even as stock markets fell
Markets regulator Sebi has given its go-ahead to Anjani Portland Cement for a rights issue to raise Rs 75 crore
Public sector lender Syndicate Bank will raise over Rs 217 crore by allotting preferential shares to LIC to shore up capital to meet Basel III norms.
Total investor wealth declined by over Rs 1.24 lakh crore today as the benchmark BSE Sensex plummeted by over 371 points due to profit booking in recent out-performers ahead of derivatives settlement on Thursday
The government is likely to infuse additional capital of about Rs 5,050 crore in some public sector banks this week
Insurance Regulatory and Development Authority of India (Irdai) has received applications from ten new players to start operations in the country
The RBI today asked market participants interested in subscribing to the special securities under UDAY scheme through private placement route to approach it by March 30
In its biggest fall in five weeks, Sensex plummeted over 371 points to slip below the 25,000-mark as investors booked profits in recent out-performers ahead of derivatives settlement and the closing of 2015-16 financial year on Thursday
India's retail inflation for March is expected to be around 5 per cent and the Reserve Bank is likely to cut its key rate by 25 basis points each at its policy reviews on April 5 as well as in August, says a report
Here are the list of things that will become cheaper in the national capital.
This was the first outflow since May 2014, when MFs had pulled out Rs 1,078 crore.
Presenting Budget for financial year 2016-17, Deputy Chief Minister Manish Sisodia, who holds the finance portfolio, on Monday slashed the Value Added Tax (VAT) rate from 12.5 percent to 5 percent.
Watch LIVE streaming of Delhi Budget 2016
Citing the example of 8.7 percent tax free interest on Public Provident Fund (PPF) investments, he said this translates into an interest rate of 12.5 percent or 13 percent including tax benefit.
Despite higher Asian cues and continuous gains in previous four sessions marked by holidays, caution prevailed ahead of March derivatives expiry this week.
The dollar was firm against some global currencies, boosted by optimism over the US economy after GDP figures were revised upwards which also weighed on the rupee, dealers said.
Gold dropped to its weakest in a month on Monday, pressured by a firmer dollar following hawkish comments from U.S.
the government has said that it won't be coercing Vodafone and Cairn Energy to take up its one-time offer so as to settle the pending retrospective cases
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