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Insurance penetration in the country was 3.4 per cent in 2015 against the world average of 6.2 per cent.

Govt may raise over Rs 15,000 crore from IPO of 2 PSU gen insurers

Government had estimated to garner about Rs 11,000 crore by diluting its stake in insurance companies.

18 Sept 2017 10:09 AM IST

NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade on Thursday. Photo: PTI

Nifty scales fresh peak of 10,167.15, Sensex climbs 235 points

The 30-share Sensex too was in bullish form, rising 235.45 points, or 0.72 per cent, at 32,508.06.

18 Sept 2017 10:06 AM IST

Rupee is currently trading at 63.63 against 66.93 to a dollar in August, 2016.

Rupee gains 7 paise against dollar as stocks zoom

Rupee is trading at 64.01 against US dollar on selling of the greenback by banks and exporters.

18 Sept 2017 9:47 AM IST

Airtel Payments Bank starts UPI enabled digital payments

Airtel Payments Bank customers were charged in decimals for transferring money to any other account.

18 Sept 2017 9:31 AM IST

Prakash Javadekar (Photo: PTI)

Govt savings through DBT touches Rs 65,000 cr: Javadekar

DBT enables linking of Aadhar card to bank accounts and other subsidised services availed by citizens.

18 Sept 2017 9:29 AM IST

According to sources in the finance department, the GST collection was not expected to be so high and hence it had asked the Centre for a compensation of Rs 6500 crore.

Traders get second chance for GST composition

Taxpayers were earlier given time till August 16 to opt for composition scheme.

18 Sept 2017 4:14 AM IST

t pointed that even after rising in the last three months, crude oil prices are mere half of $107 per barrel in May, 2014.

Frequent hikes in tax disrupting, says Assocham

It noted if the prices are market determined, the retail prices should have been less than Rs 40 a litre.

18 Sept 2017 4:04 AM IST

Small investors have turned their attention towards a couple of IPOs that had hit the street in September with the portion reserved for retail investors witnessing overwhelming participation from them.

IPOs get retail investors' attention

Investors fancy IPOs in hopes of higher returns as they overlook other classes.

18 Sept 2017 3:57 AM IST

On observing certain irregularities and fraudulent activities, Sebi passed an interim order against the company and its promoters in December 2011 and passed a final order in December 2013.

Sebi board to take stock of suspected shell cos on Monday

On August 7, the watchdog directed exchanges to restrict trading in shares of 331 companies.

17 Sept 2017 4:21 PM IST

FPIs had invested over Rs 20,000 crore in the capital market in September 2016.

FPIs pull out Rs 3,000 cr from stocks in Sept so far

Net outflow by FPIs follows a withdrawal of Rs 12,770 crore from the stock market in August.

17 Sept 2017 1:36 PM IST

Dharmendra Pradhan (Photo: PTI/File)

Need tax uniformity on petroleum products, says Pradhan

Ministry of Finance to bring petroleum products under the ambit of GST in the interest of consumers.

17 Sept 2017 12:59 PM IST

GDP stands for Gross Domestic Product.

Current account deficit seen at 1.2-1.3 pc of GDP in FY18: Icra

CAD increased to USD 14.3 billion, or 2.4 per cent of GDP in the first quarter of the current fiscal.

17 Sept 2017 12:34 PM IST