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PNB seeks IRDAI forbearance for paring stake in Canara HSBC OBC Life. (DC Photo)Business
IRDAI gives nod to PNB for stake in two life insurance ventures

PNB is a promoter of PNB Metlife Insurance with the highest stake of 30 per cent since 2012

12 April 2020 3:53 PM IST

Coal Minister asks chief ministers to not import coal, source domestic fuel. (PTI Photo)Business
Coal Ministry asks States not to import coal, domestic supply from CIL

The ministry asked the states to take the domestic supply of coal from Coal India Ltd which has ample availability of...

12 April 2020 2:03 PM IST

Prolonged lockdown may result in job cuts in IT industry. (PTI Photo)Business
Job loss, pay cut on cards for Indian IT industry

Job cut in the IT industry is inevitable even for bigger firms if the present situation across the globe continues for a...

12 April 2020 1:31 PM IST

SEBI - Deccan Chronicle PhotoBusiness
Mutual funds have sufficient flexibility, no further relaxations: SEBI

Existing guidelines already have provisions for mutual funds to deviate from the valuation given by the valuation...

12 April 2020 1:30 PM IST

Overseas investors pulled out a net Rs 9,103 crore from the Indian markets in April so far. (PTI Photo)Business
Covid19: FPIs pull out Rs 9,103 cr in April so far

The capital outflow in March was the highest withdrawal ever since FPI data has been made available on National...

12 April 2020 12:26 PM IST

Investors infused over Rs 1,600 crore in gold exchange-traded funds (ETFs) in 2019-20. (PTI Photo)Business
Gold ETFs witness inflows in 2019-20 amid virus volatility

The latest inflow comes amid a sell-off in broader markets and sharp plunge in international crude oil prices

12 April 2020 11:55 AM IST

Reliance Industries Limited. (PTI PHOTO)Business
Top 10 firms add over Rs 4 lakh crore to m-cap; RIL and HDFC Bank lead

The market capitalisation of Reliance Industries Limited zoomed Rs 89,383.67 crore to Rs 7,72,883.49 crore, the most...

12 April 2020 11:26 AM IST

Covid19 hit South Asia very hard, worst economic performance in 40 years says World Bank. (PTI Photo)Business
World Bank estimates worst economic slump in South Asia

The dire economic effects are already much in evidence, with widespread lockdowns freezing most normal activity

12 April 2020 9:57 AM IST

US senators press Saudi officers to place oil minimize in movement. (AP PHOTO)Business
US senators urge Saudi officers to take concrete action to cut oil...

Saudi Arabia and Russia were close to finalizing a deal to cut crude output by a record 10 million barrels per day

12 April 2020 9:39 AM IST

Petrol and diesel sales have slumped over 66 per cent in April. (Photo- PTI)Business
Petrol pump operators seek financial support as sales drop

Petrol and diesel sales have slumped over 66 per cent in April as the nationwide lockdown halted economic activity and...

10 April 2020 6:25 PM IST

BSNL CMD Pravin Kumar Purwar during an MoU signing . (Photo- PTI)Business
Telecom infra firms ask BSNL to immediately clear Rs 1,500 cr dues

The non-payment, the firms said, so far has already resulted in mobile service outage at various places in the country.

10 April 2020 5:05 PM IST

EPFO settles 1.37 lakh withdrawal claims amid covid19. (ANI- Photo)Business
EPFO settles 1.37 lakh covid19 withdrawal claims

The provision for a special withdrawal from EPF scheme to fight Covid-19 pandemic is part of the PMGKY scheme announced...

10 April 2020 4:42 PM IST

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