Business
Government changes expenditure pattern for Q1 FY20-21, categorises ministerial departments
April 9, 2020
Government changes expenditure pattern for Q1 FY20-21, categorises ministerial departments
New Delhi: The central government on Wednesday (April 8) decided to change its expenditure pattern, and the Ministry of Finance…
SBI cuts MCLR by 35 bps by April 10; less EMI on 30-year loan amount
April 8, 2020
SBI cuts MCLR by 35 bps by April 10; less EMI on 30-year loan amount
New Delhi: The country’s largest lender State Bank of India (SBI) on Tuesday (April 7) decided to cut the marginal…
Gold eases from one-month high as dollar firms on coronavirus slowdown hopes
April 7, 2020
Gold eases from one-month high as dollar firms on coronavirus slowdown hopes
Gold prices eased on Tuesday from a one-month high as the U.S. dollar gained strength on signs of a slowdown…
India’s March gold imports plunge to a new low on record price: Sources
April 6, 2020
India’s March gold imports plunge to a new low on record price: Sources
Mumbai: India’s gold imports plunged more than 73% year-on-year in March to their lowest in 6-1/2 years as record domestic…
Investor wealth tumbles Rs 4.82 lakh cr in two days as market fall amid COVID-19 outbreak
April 4, 2020
Investor wealth tumbles Rs 4.82 lakh cr in two days as market fall amid COVID-19 outbreak
New Delhi: Investor wealth tumbled by Rs 4,82,033.63 crore in two days of market fall as rise in COVID-19 cases…
British Airways temporarily lays off 28,000 staff due to coronavirus crisis: Trade Union
April 3, 2020
British Airways temporarily lays off 28,000 staff due to coronavirus crisis: Trade Union
London: Flagship airline British Airways will temporarily lay off 28,000 employees, or 60 percent of its workforce, due to the…
Business sentiment sinks in to record low March on COVID-19 concerns: PMI
April 2, 2020
Business sentiment sinks in to record low March on COVID-19 concerns: PMI
The headline seasonally adjusted IHS Markit India Manufacturing PMI fell to 51.8 in March, from 54.5 in February, signalling the…
Coronavirus crisis: SBI defers payment of EMIs by 3 months to ease pressure on customers
April 1, 2020
Coronavirus crisis: SBI defers payment of EMIs by 3 months to ease pressure on customers
NEW DELHI: In a bid to mitigate the impact of the coronavirus outbreak on businesses and individuals, the State Bank…
Govt may raise part of FY21 market borrowing via gilt ETF: Source
March 31, 2020
Govt may raise part of FY21 market borrowing via gilt ETF: Source
The finance ministry will detail its Apr-Sep borrowing calendar at 1800 IST. “There have been inter-departmental discussions on the proposal…
ICICI Bank launches banking services on WhatsApp amid coronavirus COVID-19 lockdown
March 30, 2020
ICICI Bank launches banking services on WhatsApp amid coronavirus COVID-19 lockdown
In an apparent effort to promote social distancing to cub the spread of coronavirus COVID-19 in India, private lender ICICI…