Banks need to operate on lower net interest margins for the betterment of the economy, an official of State Bank of India stated on Monday. Speaking at a webinar organized by MCCI, deputy managing director V S Radhakrishnan suggested that...

Reliance Industries and Abu Dhabi National Oil Co (Adnoc), state-run oil firm of the UAE, have finalised a settlement for a petrochemical three way joint venture one and a half years after signing a broad framework settlement. Mukesh Ambani...

The Securities Appellate Tribunal (SAT) has given partial relief to the Franklin Templeton AMC on the Securities and Exchange Board of India’s order, asking the fund house to disgorge Rs 512 crore and restraining it from launching new debt...

The Securities and Exchange Board of India (Sebi) has kept in “abeyance” the processing of Go Airlines draft papers for an initial public offering (IPO) worth Rs 3,600 crore. The company filed preliminary papers for an initial share...

India’s economy exhibited more indications of cooling in May, although the weakness is already beginning to dissipate of late as the nation escapes lockdowns enforced to check the pandemic’s spread. A slew of data from services...

The formal constructing of quality targets into the fiscal consolidation paths will result in “setting fiscal policy with a human face” and the “silent revolution will be complete” if the emphasis is on quality over...

Overseas investors turned net buyers of Indian equities in the month of June after remaining net sellers for two months in a row. The Foreign Portfolio Investors (FPIs) also infused a net of Rs 12,714 crore into Indian markets. Prior to this,...

Domestic traders' body CAIT has recently urged the government not to dilute the draft of e-commerce rules under any pressure of foreign-funded online firms. In a communication to Prime Minister Narendra Modi, the Confederation of All India...

Sliding from the life-time high recorded a week ago, the forex reserves declined by $4.148 billion to reach $603.933 billion for the week ended June 18th on account of a fall in gold and currency assets, as per data from the Reserve Bank of India...

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