New Delhi : In a move to boost its disinvestment programme, the Centre on Friday announced the creation of the Bharat 22 exchange traded fund (ETF) comprising 22 companies, or investments, from among central public sector undertakings, public sector banks and...
New Delhi : The Lok Sabha on Thursday passed the Banking Regulation (Amendment) Bill, 2017, after Finance Minister Arun Jaitley declared that criminal and recovery proceedings will be started against defaulters of bank loans who divert money and asserted that no one...
Mumbai : Market regulator Securities and Exchange Board of India (SEBI) on Thursday approved the launch of 85 additional derivatives in stock exchanges of Gujarat International Finance Tec-City International Financial Service Centre (GIFT City IFSC). SEBI elaborated...
New Delhi : Financial institutions, including banks and non-banking financial companies (NBFCs), are pretty optimistic about improvement in the financial conditions in the overall economy due to the GST implementation and initiation of the insolvency process to tackle...
New Delhi : The Income Tax Department has detected over 1,155 shell companies in the last three years through which non-genuine transactions of more than Rs 13,300 crore were carried out, Parliament was informed on Friday. "During last three financial years (2013-14...
Agartala : A top official of the Left-ruled Tripura Tribal Areas Autonomous District Council (TTAADC) has claimed that at the behest of the BJP-led central government the NITI Aayog has begun a "financial blockade" against the autonomous body by not releasing funds...
New Delhi : Finance Minister Arun Jaitley on Friday formally launched a pension scheme for senior citizens with an assured return rate of eight per cent, favouring efficiency with social security. "Banks have to lend at feasible rates, while senior citizens want...
Mumbai : Boosted by the onset of quarterly results and Parliament's monsoon session, the key Indian equity indices -- the Sensex and the Nifty -- edged up to close at a fresh high on Monday. The wider Nifty of the National Stock Exchange (NSE) settled above the...
By Rohit Vaid, Mumbai : Upcoming quarterly results and Parliament's monsoon session, as also the direction of foreign funds flow will set the course for the equity indices in the coming week, market observers opine. With markets already at dizzying heights, potential...
By Rohit Vaid, Mumbai, (IANS) : Upcoming macro-economic data points, coupled with global cues, especially the upcoming US Federal Reserve's rate-setting meet and expectations of a revision in Goods and Services Tax (GST) sub-rates will determine the trajectory of...