Home » Business

Business - Page 821

Fiscal deficit for the financial year 2016-17 is budgeted at 3.5 per cent.

North Block finds ways to meet deficit target

As per 2018-19 budget projections, the Centre is likely to finance Rs 75,000 crore of fiscal deficit from small savings.

30 Jan 2019 10:30 AM IST

Employees of public sector banks have threatened to go on two-day nation-wide strike from May 30.

12 trends to change global banking this year

Infosys Finacle study based on feedback from 100 countries says technology and business outcomes will be more tightly...

30 Jan 2019 10:17 AM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Sensex rallies over 250 points, Nifty tests 10,700 level

The 30-share index was trading 188.10 points, or 0.5 per cent, higher at 35,780.60.

30 Jan 2019 10:05 AM IST

With the rupee resuming its fall after a brief period of consolidation, forex participants are not ruling out of the possibility of the rupee weakening further to breach the 70 level mark. (Photo: AP)

Rupee slips 25 paise against dollar in early trade

Rupee is trading at 71.36 against dollar amid strengthening of the American currency and rising crude prices.

30 Jan 2019 10:00 AM IST

With only 11 per cent of fresh slippages during the quarter being from standard restructured loans, Icra said that corporate slippages outside the vulnerable book continued.

Insolvency cases are getting delayed

As on December 31, 2018, rating agency Icra said 898 CIRP's were awaiting a resolution.

30 Jan 2019 1:34 AM IST

Out of 89 lakh farmers across the state, 67 lakh had applied for the loan waiver and incentive scheme.

Dole is better than loan waiver

India Ratings backs direct cash transfer to farmers; warns of financial stress to governments.

30 Jan 2019 1:34 AM IST

Increase in gold imports pushed the countrys trade deficit to USD 94.32 billion in April-September 2018-19.

Gold prices rise by Rs 100 per 10 gm on firm trend overseas

Gold is trading at Rs 33,750 per 10 gram at the bullion market, tracking a firm trend overseas.

29 Jan 2019 5:16 PM IST

1,500 points swing was recorded in Sensex before it settled the day at 279.62 points, or 0.75 per cent lower at 36,841.60.

Sensex, Nifty end lower on mixed global cues

BSE Sensex ended 64.20 points lower at 35,592 on mixed cues from global markets.

29 Jan 2019 4:51 PM IST

State Bank of India

SBI set to own 15 pc of Jet Airways after debt for equity swap:...

Jet Airways would seek a shareholder nod next month to convert existing debt into equity,

29 Jan 2019 4:16 PM IST

The Income Tax Department has detected undisclosed income of over Rs 10,000 crore in fiscal 2017-18, thus recording a 20 per cent surge over the previous fiscal.

Basic income support to cost at least Rs 1.5 trillion to the nation

The support would cost the Centre Rs 14.68 trillion or (0.70 per cent of GDP)

29 Jan 2019 4:11 PM IST

HDFC Bank is Indias second largest private sector bank. (Photo: YouTube)

HDFC Q3 net profit stood at Rs 2,114 crore

The company had posted a net profit of Rs 5,300 crore in the October-December quarter of the last financial year.

29 Jan 2019 4:02 PM IST

Jewellery market post-August 23, witnessed a downfall of 40 to 50 percent after PMLA provisions came into effect.

Gems & jewellery sector seeks cut in gold import duty to 4 pc

Finance minister Arun Jaitley said the 10 per cent import duty on gold was levied to curb current account deficit (CAD).

29 Jan 2019 3:04 PM IST