Search Results for: RBI\'s reserve

Market today: Nifty, Sensex rise ahead of inflation data; Infosys drops

Indian retail inflation probably reached a 12-month high in September, but still leaving room for further interest rate cuts.

Oct 14, 2019

Man-eating tigress from Karnataka's Bandipur captured

The state government had deployed five teams, including 150 men, drones, 140 cameras and 6 elephants, to hunt down the tigress who has allegedly killed three people.

Oct 13, 2019

When will economic slowdown end? World Bank predicts 2nd year of fall in growth

World Bank cut India's GDP growth estimate to 6% for the 2019-20 financial year against 6.9% it achieved in FY19 amid broad-based deceleration of different sectors in the earlier quarters of the year.

Oct 13, 2019

More than 5 lakh jobs expected to be lost due to slump in real estate industry

Several projects are stuck across the country and buyers are waiting for new developers to take interest and complete them.

Oct 13, 2019

Raghuram Rajan's take on how worrying the economic situation is as growth slows

Former RBI governor Raghuram Rajan says that uncertainty over economic vision is causing deep distress in the economy whose growth forecast has been slashed multiple times this fisc.

Oct 12, 2019

Fact Check: Demonetisation again? Rs 2000 currency notes to be discontinued?

A message went viral on WhatsApp that claimed that the RBI will discontinue the Rs 2,000 note from October 10 this year.

Oct 12, 2019

Punjab & Sind Bank scam: Mehul Choksi cheated bank of Rs 441 million

This is the first time the 111-year-old bank has come clean on the default perpetrated by Choksi, who has now settled as a citizen of Antigua & Barbados, the West Indies.

Oct 12, 2019

Lakshmi Vilas Bank put under prompt corrective action framework

RBI pulls plug on Lakshmi Vilas Bank merger bid with Indiabulls Housing Finance

Lakshmi Vilas Bank placed under regulatory restrictions over high leverage last month will have to explore other ways to raise capital; IndiaBulls may turn to share buyback.

Oct 10, 2019

Will RBI cut rates further as market takes hit from fifth successive reduction?

Markets slumped on weak sentiment after RBI cut the repo rate by an expected 25 basis points to 5.15%; the central bank maintains accommodative guidance as it adjusts economic growth estimates for the full year to 6.1% from 6.9%.

Oct 5, 2019

US unemployment drops to 3.5% in Sept with 1,36,000 new jobs

Though the US economy continues to provide almost full employment, the creation of 136,000 new jobs was below the expectations of analysts.

Oct 5, 2019

PMC Bank scam: How Waryam Singh built his empire

Waryam Singh, who was close to two Union Cabinet Ministers in the UPA-2 government, wielded enormous media power to enhance HDIL's business prospects.

Oct 5, 2019

Sensex sheds 434 points after RBI policy meeting; rate-sensitive stocks tank

The RBI cut the repo rate by 25 basis points (one basis point is one-hundredth of a per cent) to 5.15% from 5.40% but Sensex and Nifty declined over 1% as growth worries took the centre stage.

Oct 4, 2019

RBI cuts repo rate by 25 bps to 5.15%; GDP growth for FY20 adjusted to 6.1%

The lending rates were reduced in a bid to reverse the consumption slowdown and shore-up growth.

Oct 4, 2019

PMC Bank fraud: ED files PMLA case, raids 6 locations in Mumbai

The ED has filed a money laundering case in the Rs 4,355 crore PMC Bank fraud and also registered an ECIR, equivalent to FIR, against crisis-hit real estate firm HDIL and its promoters.

Oct 4, 2019

PMC bank created more than 21,000 fraudulent account to conceal loans

The complaint has accused the bank's Chairman, Waryam Singh, and its Managing Director Joy Thomas, along with other bank officials of criminal breach of trust, forgery and falsification of records.

Oct 2, 2019

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Search Results for: RBI\'s reserve

Market today: Nifty, Sensex rise ahead of inflation data; Infosys drops

Man-eating tigress from Karnataka's Bandipur captured

When will economic slowdown end? World Bank predicts 2nd year of fall in growth

More than 5 lakh jobs expected to be lost due to slump in real estate industry

Raghuram Rajan's take on how worrying the economic situation is as growth slows

Fact Check: Demonetisation again? Rs 2000 currency notes to be discontinued?

Punjab & Sind Bank scam: Mehul Choksi cheated bank of Rs 441 million

RBI pulls plug on Lakshmi Vilas Bank merger bid with Indiabulls Housing Finance

Will RBI cut rates further as market takes hit from fifth successive reduction?

US unemployment drops to 3.5% in Sept with 1,36,000 new jobs

PMC Bank scam: How Waryam Singh built his empire

Sensex sheds 434 points after RBI policy meeting; rate-sensitive stocks tank

RBI cuts repo rate by 25 bps to 5.15%; GDP growth for FY20 adjusted to 6.1%

PMC Bank fraud: ED files PMLA case, raids 6 locations in Mumbai

PMC bank created more than 21,000 fraudulent account to conceal loans

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]