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SSAB is a highly-specialised global steel company that develops high-strength steels and provides services for better performance and sustainability.

Business

SSAB is crafting a global niche in high strength steel market

SSAB's steels and services help to make end products lighter, stronger and more sustainable.

6 Dec 2019 10:33 AM IST

Over the last week, the 30-share BSE Sensex zoomed 1,106.97 points or 2.83 per cent. (Photo: File)

Business

Benchmark equity indices edge up in early deals

The BSE gauge Sensex moved 103.13 points higher to trade at 40,882.72 in opening deals.

6 Dec 2019 10:21 AM IST

At the interbank foreign exchange, the rupee opened strong at 70.55, registering a rise of 26 paise over its previous close of 70.81. (Photo: DC)

Business

Rupee opens flat at 71.30 against USD in early trade

Domestic unit was trading in a narrow range as investors are awaiting fresh cues on the US-China trade front.

6 Dec 2019 10:11 AM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Business

Oil drops as market awaits ratification of OPEC+ supply cut

The group has been withholding 1.2 million bpd and the increased amount represents about 1.7 per cent of global oil...

6 Dec 2019 9:56 AM IST

Business

Nifty needs to sustain above 12000 for further rise

The market which had opened in the green on rate cut hopes, tumbled after the monetary policy announcement.

6 Dec 2019 4:29 AM IST

The government hopes that this measure will increase the production of jute goods in India which has been stagnating for the past three years despite all the incentives had supposedly providing the sector.

Business

Soon, govt agencies will procure foodgrains only in jute bags

The production of jute goods over the last few years by the jute mills has remained consistent, Minister of Textiles,...

6 Dec 2019 4:26 AM IST

Insurance regulators decision mandating NABH accreditation for Ayush hospitals for getting insurance coverage will exclude more than 95 per cent of the facilities in the country.

Business

NABH rule will deny cover to 95 per cent Ayush hospitals

While NQAS is mainly meant for government institutions, private hospitals require NABH accreditation.

6 Dec 2019 4:23 AM IST

Business

RBI pegs GDP down to 5 per cent, no rate cut

The policy repo rate since February was cut in every policy, cumulatively easing by 1.35 per cent or by 135 basis points...

6 Dec 2019 3:22 AM IST

$With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.$ Business

Banking stocks fall after RBI pause

The bond market reacted as the 10-year government bond yield spiked to 6.82 per cent levels, meaning mark-to-market...

6 Dec 2019 2:25 AM IST

The Union government, or for that matter, the ministry of finance should not interfere in the functioning and decision-making powers of the RBI. (Photo: AFP)

Business

P2P lending limit raised to Rs 50 lakh

The move aims at not only helping investors to diversify risk but also borrowers to get larger sums of loans.

6 Dec 2019 2:23 AM IST

The loading/reloading of such PPI can be done only from a bank account and it can be used only for making digital payments such as bill payments, merchant payments, etc.

Business

New pre-paid card/wallet with Rs 10,000 load soon

Such PPIs can be issued on the basis of essential minimum details sourced from the customer.

6 Dec 2019 2:21 AM IST

Business

NBFCs, MFIs & co-ops can now become SFBs

The minimum paid-up voting equity capital or net worth requirement has been set at Rs 200 crore, up from Rs 100 crore as...

6 Dec 2019 2:18 AM IST