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Business News

RBI puts into circulation Rs 50 banknotes signed by Governor Shaktikanta Das

RBI puts into circulation Rs 50 banknotes signed by Governor Shaktikanta Das
The Reserve Bank of India has put into circulation 50 rupees denomination banknotes signed by its Governor Shaktikanta Das.

Sensex soars 370 points; Nifty ends at 11,787

Sensex soars 370 points; Nifty ends at 11,787
The Sensex and Nifty Tuesday logged robust gains to hit record highs.

FPIs remain bullish on Indian markets, pour in Rs 11096 cr in April so far

FPIs remain bullish on Indian markets, pour in Rs 11096 cr in April so far
Foreign investors have pumped in a net sum of 11,096 crore rupees into the Indian capital markets in April so far, driven by global and domestic factors.

Retail inflation inches up to 2.86% in March

Retail inflation inches up to 2.86% in March
Retail inflation saw a marginal rise of 2.86 per cent in March this year on account of increase in prices of food articles and fuel.

Rupee weakens 25 paise to 69.18 against dollar

Rupee weakens 25 paise to 69.18 against dollar
The rupee today weakened 25 paise to around 69 rupees and 18 paise against the US dollar.

Govt retains interest rate for General Provident Fund at 8%

Govt retains interest rate for General Provident Fund at 8%
The government has retained the interest rate for General Provident Fund (GPF), Contributory Provident Fund and other related schemes at 8 per cent for the first quarter of current financial year.

Finance Ministry extends last date for filing final sales return for March till April 13

Finance Ministry extends last date for filing final sales return for March till April 13
Finance Ministry has extended last date for filing final sales return for March till April 13.

Sensex slumps 354 points to end at 38,585

Sensex slumps 354 points to end at 38,585
Benchmark indices ended lower tracking negative global cues after IMF cut global growth estimate to 3.3 per cent for this year, amid doubts over US-China trade talks and Brexit outcome.

SBI cuts interest rates on home loans

SBI cuts interest rates on home loans
The State Bank of India has re-priced home loans up to Rs 30 lakh by 10 basis points.

RBI issues norms for banks to set up currency chests

RBI issues norms for banks to set up currency chests
Reserve Bank of India(RBI) has come out with guidelines for banks to set up new currency chests, which include minimum area of 1,500 square feet for strong room.

Senior US Treasury official David Malpass selected as President of World Bank

Senior US Treasury official David Malpass selected as President of World Bank
Senior US Treasury official David Malpass has been selected as President of the World Bank.

Rupee appreciates by 12 paise against US dollar

Rupee appreciates by 12 paise against US dollar
The rupee today appreciated by 12 paise to 69.05 against the US dollar in opening trade driven by the weakening of the greenback in overseas markets and higher opening in domestic equities.
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