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Black money in stock markets: SEBI to review surveillance systems, fast-track enforcements
SEBI has been asked by a Supreme Court appointed Special Investigation Team (SIT) on Black Money to take additional measures to catch those evading taxes and laundering black money through trading in illiquid stocks and P-Notes.
Matrix Cellular gets SEBI's go-ahead to launch IPO
International SIM card provider Matrix Cellular has received capital markets regulator SEBI's approval to float an initial public offer (IPO).
April-July fiscal deficit at 69.3% of Budget estimates
The fiscal deficit in the first four months of current financial year stood at Rs 3.85 lakh crore, or 69.3 of Budget estimates for 2015-16, as government stepped up its plan expenditure.
HDFC Bank cuts base rate by 0.35% to 9.35%; lowest in industry
After repeated chiding by RBI chief Raghuram Rajan on banks not passing rate cut benefits to consumers, HDFC Bank Monday lowered its base lending rate by 0.35 to 9.35 -- the lowest in the industry.
Sensex gets into reverse gear on rain woes, loses 109 points
The markets Monday rode a roller-coaster for large part of the day ahead of GDP numbers as the benchmark BSE Sensex reversed its course closing lower by over 109 points and the NSE Nifty was tucked below the 8,000-mark, mainly due to monsoon pain and a faltering rupee.
Centre releases Rs 2,000 cr for Employees' Pension Scheme
Centre has released Rs 2,000 crore to Employees' Pension Scheme as its contribution for the year 2015-16, Minister of State for Labour and Employment Bandaru Dattatreya said Monday.
RBI official asks banks not to use govt capital to clean books
A senior Reserve Bank official Wednesday said state-run lenders should use the capital received from the government to grow their credit books rather than clear their large pile of bad assets.
Amtek Exposure: JPMorgan MF restricts redemption in schemes
JP Morgan Mutual Fund has restricted redemptions from two of its debt schemes - Short Term Income Fund and India Treasury Fund -- a move that may severely impact its investors.
HDFC Bank slashes base rate by 0.35%, loans to be cheaper
Private sector HDFC Bank on Monday cut the base rate by 0.35 percent to 9.35 percent from the existing 9.70 percent, thereby making loans from the bank cheaper.
Sensex trips 109 points ahead of GDP data; Nifty down 31 points
In a highly volatile trade, market benchmark Sensex Monday dropped over 109 points and the Nifty slipped below the 8,000-mark due to selling by funds and retail investors ahead of the release of June quarter GDP data and weakness in domestic currency.
Loans to be cheaper as HDFC Bank, Canara cut lending rate
Petrol price cut by Rs 2 per litre; diesel by Rs 0.50
India pitches for rating upgrade by S&P on strong macro data
Infra sector growth slows to 3-month low of 1.1% in July
Ease of doing biz: Cos bat for single-window clearance
Turing Phone, the 'unhackable' smartphone is coming this December
Now, show the 'Middle Finger' on WhatsApp update
Tata group's revenue rises to $108.8 bn; headcount crosses 6 lakh
Petrol, diesel prices may be slashed today
Black money: Swiss banks ask Indians to utilise 'compliance window'
You can soon apply for LPG connection online
Black Monday: Sensex crashes 1,624 points
The side effects of junk food
Aapka Bazaar: Expert's take on today's market
How to file income tax return
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