Business
'Murderous Assault': SAIL Chairman Attacked by Armed Men With Iron Rods in South Delhi
Anil Kumar Chaudhary, 58, was on his way back home from work when his car was hit by another vehicle occupied by four people at around 10:30 pm, SAIL said in a statement on Thursday.
RBI Governor Expects Economy to Revive Soon, Feels Slowdown Cyclical, Not Structural
Das said with the deeper rate cut this time around, the central bank expects more lending rate cuts by the banks in the coming weeks and noted that the money markets have fully absorbed the rate actions since February.
Ahead of RBI's Monetary Policy Review, Rupee Slips by 12 Paise to 70.93 Against Dollar
Traders said weakening of the greenback vis-a-vis other currencies overseas and easing crude oil prices added support to the local unit even as the global oil benchmark fell due to the US-China trade.
Berger Paints Jumps Over 5% After Solid Q1 Numbers
At 10:48 am, the Berger Paints stock was trading at Rs 343.60, up 2.8%, on BSE after hitting a record high of Rs 351.65 earlier in the session.
DGCA Suspends SpiceJet Pilot for Overshooting Runway at Shirdi Airport
The DGCA observed that the B737 aircraft, which was being flown by Captain Ashish Jayaswal, touched down at approximately 5300 feet from runway threshold at Shirdi airport.
9 Banks Face RBI Penalty for Delay in Reporting of Fraud in Kingfisher Airlines Account
The nine banks in separate regulatory filings said that the penalties have been imposed on them for delay in reporting of frauds.
SBI Reports Standalone Net Profit of Rs 2,312 Crore in First Quarter
SBI's standalone total income increased to Rs 70,653.23 crore in the first quarter of 2019-20 as against Rs 65,492.67 crore in the same period a year ago.
Bharti Airtel Shares Gain 4.6% Despite Announcing Rs 2,866 Crore Losses in First Quarter
Shares of Bharti Airtel were trading at Rs 334.60, up 3.3%, after hitting an intra-day high of Rs 338.90. The stock has fallen around 5.5% in the last one year.
BSNL, MTNL Fail to Pay Salary to 1.98 Lakh Employees for July
There is no assurance from the management on when the salaries would be paid which are usually credited on the last day of every month, BSNL Convenor said.
Govt Raises Subsidy for Non-urea Fertilisers, to Cost Rs 22,875 Cr in FY20
A decision in this regard was taken at the meeting of Cabinet Committee on Economic Affairs (CCEA) headed by Prime Minister Narendra Modi.
Sensex Tumbles Over 289 Points, Bank and Auto Stocks Drag
Yes bank emerged as the biggest loser, falling 9.13 per cent, followed by IndusInd Bank (6.6 per cent), HeroMotoCorp (6.01 per cent), Sun Pharma (4.79 per cent) and SBI (4.70 per cent).
SBI Cuts Deposit Rates on Various Tenors Amid Surplus Liquidity
Interest rates have been reduced by 50-75 basis points (bps) for time deposits with shorter tenors of up to 179 days, SBI said in a statement on Monday.
Finally, Ramdev Gets Ownership of Ruchi Soya for Rs 4,350 Crore; Banks Take Huge Haircut
The NCLT approval came after it dismissed the petitions filed by Standard Chartered Bank and Singaporean lender DBS, which had both challenged the low bid by Patanjali and the resultant lower payout.
FM Rules Out Rollback of Duty on Newsprint, Says Move to Give Equal Chance to Domestic Industry
Nirmala Sitharaman was responding to YSR-Congress leader V Vijayasai Reddy, who during the debate stated that the duty would adversely impact small newspapers at a time when advertising revenue was also depleting.
Govt Has No Official Estimation of Black Money in the Country: MoS Finance Anurag Singh Thakur
Thakur said that the increase in black money was not due to a lack of alertness by the government. He also said that there are measures taken by the government to deal with black money including restriction in transactions.
'IMF, World Bank Should Consult Developing Economies' Not RBI's Official View
RBI executive director Rabi Mishra said, 'multilateral institutions such as the IMF and the World Bank should consult developing economies before taking decisions'.