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The real estate sector has been limping from the past one year due to major reforms in the market brought by the centre.

Realtors sceptical of rate cut

In the current scenario bereft with rising NPAs and the ongoing NBFC crisis, things look quite bleak at the moment.

7 Jun 2019 6:51 AM IST

Governor Shaktikanta Das

Market unimpressed in wake of NBFC crisis

Jittery markets are facing a crisis of confidence with respect to the precariously perched NBFC (including HFCs) &...

7 Jun 2019 6:48 AM IST

Reserve Bank of India, RBI, is a banking regulator. It also calculates and fixes repo rate. (Photo: AFP)

RBI cuts key rate 0.25 per cent, loans might get cheaper

All the six members of the MPC voted in favour of a rate cut as well as change in policy stance.

7 Jun 2019 2:34 AM IST

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

Third-party insurance for cars, 2-wheelers to become costlier

The new rates for the fiscal 2019-20 will be applicable from June 16.

6 Jun 2019 7:49 PM IST

Other risks for the Indian economy stem from the government turning more populist ahead of 2019 polls and a sharper-than-expected domestic growth slowdown, which in turn will trigger equity outflows, Nomura added.

Investors lose Rs 2.22 lakh cr as equities plunge

Tracking weak sentiment in broader market, m-cap of BSE-listed companies tumbled Rs 2,22,304.65 crore to Rs...

6 Jun 2019 7:35 PM IST

Wipro Chief Azim Premji.

Azim Premji to retire as executive chairman of Wipro; son Rishad to...

However, Azim Premji will continue to serve on the board as a non-executive director for five years till July 2024.

6 Jun 2019 7:23 PM IST

The upcoming elections, rising inflation and interest rates could further dampen the buying sentiment in the real estate, making the task of loan recovery difficult.

Repo rate cut to boost housing demand if banks pass on benefit to...

RBI lowered the benchmark lending rate by 25 basis points to a nearly nine-year low of 5.75 per cent.

6 Jun 2019 6:06 PM IST

The previous high quarterly GDP growth was recorded in July-September period in 2014-15 at 8.4 per cent. (Representational Image)

Bankers, finance players hail RBI repo rate cut, hope consumer demand...

On NBFC crisis, Shaktikanta Das said that RBI is closely monitoring situation and there is ample liquidity in market.

6 Jun 2019 4:41 PM IST

The Nifty claiming 11,l883 and Sensex 39571 marked the day with all the bullishness summoned up from yesterdays gains but selling emerged at higher levels.

Sensex dives 554 pts despite RBI rate cut; financial stocks slump

Following RBI rate cut announcement, the 30-share index slumped 553.82 points, or 1.38 per cent, to settle at 39,529.72.

6 Jun 2019 4:17 PM IST

The confluence of stable prices, upcoming wedding season and pent-up demand made this Akshaya Tritiya memorable for the gold and jewellery sector, which saw demand bouncing back after a gap of two years. Jewellers across the country witnessed on an average 15 to 20 per cent growth in sales over last year.

Gold rises on jewellers' buying, positive overseas trend

Gold is trading at Rs 33,490 per 10 gram in the national capital on rise in demand from jewellers.

6 Jun 2019 3:56 PM IST

Economic Affairs Secretary Shaktikanta Das

Rising growth concerns prompted third rate cut: Shaktikanta Das

MPC announced a 25 bps rate cut in short term lending rate to 5.75 percent, which is the lowest repo rate in nine years.

6 Jun 2019 3:36 PM IST

According to the trade data for August, 2018 while exports have shown a growth of about 19 per cent in dollar terms, the rupee realisations for the export shipments went up close to 30 per cent, said Assocham.

Industry, exporters should not depend on subsidies; work on...

The minister emphasised on need to increase strengths of the industry as it would help in boosting manufacturing and...

6 Jun 2019 3:26 PM IST