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

Shaktikanta DasBusiness
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

Reserve Bank of India (RBI)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

Shaktikanta DasBusiness
RBI rubs it in, says no respite from price rise

Shaktikanta Das says vegetable prices should soften by early February 2020.

6 Dec 2019 2:17 AM IST

Of the five mines, two were allocated to Birla Corporation Ltd and one each to Vedanta Ltd, Prakash Industries Ltd and Powerplus Traders Pvt Ltd.Business
Govt approves allocation of 5 coal blocks, to generate Rs 17,136 cr...

The ministry of coal, after a long gap of four years, has approved the allocation of five coal mines, the ministry said...

5 Dec 2019 5:57 PM IST

Union Economic Affairs Secretary Shaktikanta Das (Photo: PTI)Business
No way privately-issued digital currencies can be allowed: RBI Gov Das

The comments come a year after government tagged Bitcoins and other cryptocurrencies illegal and the RBI banned their...

5 Dec 2019 5:48 PM IST

Top gainers in the Sensex pack included SBI, Infosys, ITC, Sun Pharma, HDFC Bank and ICICI Bank, rising up to 2.64 per cent.Business
Markets end lower in a see-saw trade as RBI surprises with status quo

At the closing bell, the 30-share BSE Sensex was lower by 70.70 points or 0.17 per cent at 40,779.59.

5 Dec 2019 4:04 PM IST

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