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Banks fuel markets bull run: 5 reasons why stock markets hit new peaks

Banks fuel markets bull run: 5 reasons why stock markets hit new peaks

Sustained FII inflows and fresh spell of buying by domestic institutional investors too kept the momentum going for the domestic bourses.

Jan 18, 2018, 17:42 PM IST
Sensex, Nifty hit fresh highs; bank stocks drive rally

Sensex, Nifty hit fresh highs; bank stocks drive rally

Sustained FII inflows and fresh spell of buying by domestic institutional investors kept the momentum going for Indian shares.

Jan 18, 2018, 17:37 PM IST

Sensex closes above 35,000-mark for first time

The wider Nifty too finished at its fresh life-time high on unabated buying.

Jan 17, 2018, 18:22 PM IST
Sensex smashes past 35,000-mark: 5 reasons that led to the rally

Sensex smashes past 35,000-mark: 5 reasons that led to the rally

It took the benchmark just 17 sessions to scale the 35,000-mark from the 34,000-level reached on December 26.

Jan 17, 2018, 17:58 PM IST
Sensex surges 300 points, closes above 35,000-mark for first time

Sensex surges 300 points, closes above 35,000-mark for first time

Intra-day, it climbed to 35,118.61, bettering its previous intra-day high of 34,963.69 reached on January 15.

Jan 17, 2018, 16:09 PM IST
Sensex crosses 35,000-level for first time, Nifty trades at 10,760

Sensex crosses 35,000-level for first time, Nifty trades at 10,760

Frontline stocks of IT, Teck, bank, healthcare, financials and capital goods advanced while selling was seen in realty, telecom, auto and consumer durables segments.

Jan 17, 2018, 14:56 PM IST

Delhi Police seizes fake new currency notes worth Rs 40,000; one arrested

The Delhi Police on Friday recovered counterfeit new currency notes of Rs 2,000 amounting to Rs 40,000. 

Jul 28, 2017, 18:03 PM IST

Devendra Fadnavis warns of action if banks don't disburse Rs 10,000 loan

A senior minister from BJP claimed that DCC banks were not cooperating in disbursal of Rs 10,000 loan to distressed farmers.
 

Jun 21, 2017, 22:34 PM IST
Bank deposits up 0.64% in January 6 fortnight

Bank deposits up 0.64% in January 6 fortnight

According to the data released by the Reserve Bank of India, deposits in banks jumped by 0.64 percent in the fortnight to January 6 after falling in the previous 14 days.

Jan 19, 2017, 17:46 PM IST
BoFA-ML pegs Sensex target at 29,000 for 2017

BoFA-ML pegs Sensex target at 29,000 for 2017

Pegging the Sensex target at 29,000 for December-end 2017, global financial services major Bank of America Merrill Lynch (BofA-ML) said Indian equity markets should deliver positive returns in the year despite uncertainties created by demonetisation and GST.

Jan 15, 2017, 14:15 PM IST
Demonetisation: Currency situation has stabilised to a great extent, says Arun Jaitley

Demonetisation: Currency situation has stabilised to a great extent, says Arun Jaitley

On the eve of end of the 50-day window of note ban on Friday, Finance Minister Arun Jaitley said that the currency situation has stabilised to a large extent. However, he didn't provide any indication on lifting restrictions on cash withdrawal from banks and ATMs.

 

Dec 30, 2016, 20:09 PM IST
RBI had only Rs 4.94 lakh crore in 2,000 rupee notes on day of demonetisation announcement: RTI

RBI had only Rs 4.94 lakh crore in 2,000 rupee notes on day of demonetisation announcement: RTI

Reserve Bank of India (RBI) has informed that it had only Rs 4.94 lakh crore in 2,000 rupee notes on the day the central government announced scrapping of high denomination notes of Rs 500 and Rs 1,000. 

Dec 19, 2016, 18:00 PM IST
Delhi High Court adjourns to hear pleas against demonetisation till December 22

Delhi High Court adjourns to hear pleas against demonetisation till December 22

As the bench headed by Chief Justice G Rohini did not assemble on Wednesday, the counsel for the petitioners sought a date after December 15 as the apex court will hear similar issues.

Dec 14, 2016, 14:55 PM IST
4G VoLTE budget phones supporting Indian languages below Rs 5,000  launched today

4G VoLTE budget phones supporting Indian languages below Rs 5,000 launched today

Indian smartphones makers launched a platter that is sure to win over users looking for budget phones with great features.

Dec 12, 2016, 13:56 PM IST
Government to amend RBI Act to annul old Rs 500, Rs 1,000 currency notes

Government to amend RBI Act to annul old Rs 500, Rs 1,000 currency notes

The government is likely to amend the Reserve Bank of India Act to extinguish the validity of Rs 500 and Rs 1000 printed before November 9 and a reference to this effect would be made in the upcoming Budget.

Dec 11, 2016, 12:42 PM IST
Rs 70 lakh in new currency seized in raids on postal official's kin in Hyderabad

Rs 70 lakh in new currency seized in raids on postal official's kin in Hyderabad

The cash, all in new notes of Rs 2,000, was seized on Friday during raids in Ibrahimpatnam in Ranga Reddy district.

Dec 10, 2016, 13:08 PM IST
Banks to exchange old Rs 500/1,000 notes only of their respective customers today; senior citizens exempted

Banks to exchange old Rs 500/1,000 notes only of their respective customers today; senior citizens exempted

Even as millions across the country throng banks to exchange old notes following the demonetisation of high-end currency, banks will not exchange the decommissioned notes for non-bank customers on Saturday.

Nov 18, 2016, 20:25 PM IST
New Rs 500, 2000 notes: Currency ink, silver thread supplier same for Pakistan, says Asaduddin Owaisi

New Rs 500, 2000 notes: Currency ink, silver thread supplier same for Pakistan, says Asaduddin Owaisi

AIMIM chief Asaduddin Owaisi on Tuesday claimed that the supplier of ink and silver threads used in currency notes is the same for India and Pakistan

Nov 15, 2016, 17:08 PM IST

About Rs 2 lakh crore deposited till Saturday afternoon in banks: Arun Jaitley

Union Finance Minister Arun Jaitley said around Rs 2 lakh crore has been deposited till 12.15 pm on Saturday in banks across the country, following the demonetisation of Rs 500 and Rs 1,000 notes.

 

 

Nov 12, 2016, 17:21 PM IST

'Demonetising Rs 500, Rs 1,000 notes will deter terror funding in India'

On the question of opening of schools in the Kashmir Valley, Union Minister of State in the PMO Jitendra Singh said the Centre was in touch with the state government.

Nov 12, 2016, 15:50 PM IST