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  • Banks led by SBI hike lending rate by 50 bps
    Host of lenders led by State Bank of India (SBI) and Bank of India hiked lending rates after the Reserve Bank raised the benchmark interest rate to tame inflation. The hike has been effected in their…
    - 9 hours ago 30 Sep 22, 6:27pm -
  • Seizure of Rs 5,551 cr+ Xiaomi deposits get FEMA nod
    The competent authority under the Foreign Exchange Management Act (FEMA) has approved an order of seizure of over Rs 5,551 crore worth of deposits of Chinese mobile phone manufacturer Xiaomi -- the hi…
    - 10 hours ago 30 Sep 22, 4:53pm -
  • Gas prices hiked 40%; CNG, PNG to cost more
    Prices of natural gas, which is used to generate electricity, make fertiliser and is converted into CNG to run automobiles, were on Friday hiked by a steep 40 per cent to record levels, in step with g…
    - 11 hours ago 30 Sep 22, 4:29pm -
  • Sebi tightens IPO rules; stricter norms for issuer
    Tightening Initial Public Offering (IPO) norms, capital markets regulator Sebi on Friday cleared the proposal mandating the issuers to disclose the offer price based on past transactions and fund rais…
    - 12 hours ago 30 Sep 22, 3:12pm -
  • HDFC raises lending rate by 50 bps; EMIs to increase
    Mortgage lender HDFC Ltd on Friday hiked its lending rate by 50 basis points hours after the Reserve Bank raised the benchmark interest rate to tame inflation. The move would increase EMIs for housin…
    - 12 hours ago 30 Sep 22, 2:49pm -
  • Sebi to auction properties of Saradha Group on Nov 1
    Markets regulator Sebi on Friday said it has lined up as many as 69 properties of Saradha Group of Companies for an auction on November 1 at a reserve price of Rs 30 crore. The move is part of Sebi's…
    - 12 hours ago 30 Sep 22, 2:43pm -
  • Fiscal deficit touches 32.6% of annual target till Aug
    The central government's fiscal deficit touched 32.6 per cent of the annual target in the current financial year till August as against 31.1 per cent recorded a year ago, according to official data re…
    - 14 hours ago 30 Sep 22, 12:35pm -
  • Core sector growth slows to 3.3% in Aug
    The output of eight core infrastructure sectors grew 3.3 per cent in August -- the lowest in nine months -- as against 12.2 per cent in the year-ago period, according to official data released on Frid…
    - 15 hours ago 30 Sep 22, 12:13pm -
  • Sensex zooms 1,017 points post RBI rate hike
    Equity indices made an emphatic comeback on Friday after falling for seven straight sessions after the RBI hiked interest rates by 50 basis points on expected lines and projected inflation coming unde…
    - 15 hours ago 30 Sep 22, 11:39am -
  • Das says 67% of decline in FX due to valuation changes
    Reserve Bank Governor Shaktikanta Das on Friday said 67 per cent of the decline in the foreign exchange reserves since April was due to valuation changes arising from strengthening US dollar and highe…
    - 17 hours ago 30 Sep 22, 10:25am -
  • Modi to launch 5G services on Oct 1
    Prime Minister Narendra Modi will launch the much-awaited 5G services in India on October 1, 2022, an official release said on Friday. According to the release, 5G to be launched by the Prime Ministe…
    - 18 hours ago 30 Sep 22, 9:02am -
  • Home loans to get dearer with RBI's rate hike
    The RBI's decision to hike repo rate will hit consumers' buying sentiment, but will have a moderate impact on housing sales in the affordable and mid-income categories, according to industry experts.
    - 19 hours ago 30 Sep 22, 7:45am -
  • Companies may use digital tools to track moonlighters
    India Inc is not in the dark about moonlighting employees. According to a forensic accountant, companies can easily turn to experts and deploy digital tools that can be used to check if an employee i…
    - 20 hours ago 30 Sep 22, 7:13am -
  • Highlights of RBI's monetary policy
    Benchmark interest rate hiked by 50 basis points to 3-year high at 5.90 per cent. Economic growth projection for FY23 cut to 7% from 7.2% estimated in August. GDP expected to grow at 6.3% in September…
    - 20 hours ago 30 Sep 22, 6:51am -
  • Have the Indian markets rallied too fast, too soon?
    Indian frontline benchmarks - the S and P BSE Sensex and the Nifty50 - have rallied around 12 per cent each since June-end and outperformed their global peers by a wide margin. On Thursday, the US Fe…
    - 20 hours ago 30 Sep 22, 6:31am -

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