Banking
RBI welcomes large corporates to promote private banks
The recent report from RBI’s (IWG) stated accessibility for large corporates and industrial houses to promote private banks. However this…
Banking
Markets
Market closing: Financials lift indices, Nifty up by 87 points , Sensex by 282, Relaince slips red
Market closed in green territory with Nifty gaining 87.35 points standing at 12,859. Sensex rose to 43,882 growing positive with…
Companies
RIL’s stock slips value as company sells 10% stake of Reliance Retail Industries
Shares of Reliance Industries Ltd collapsed 3% on Friday due to a fundraising programme selling company’s 10% stake in Reliance…
Markets
Gold prices stay under pressure, silver rates on the upward rally
It’s the fifth day in a row when gold prices still remain uneven. Sluggish growth of covid vaccine has resulted…
Economy
Three agreements signed by India and Luxembourg during the 1st summit
On Thursday, the first summit in 20 years was held by Prime Minister Narendra Modi and Luxembourg’s Xavier Bettel. During…
Markets
Market opening : Sensex and Nifty open positive, Metal and Auto index added a percent
At 9.18 IST, Nifty stands at 12,848 showing a positive growth by 0.60% than the previous day’s close. BSE showed…
Economy
Vivad se Vishwas scheme yields ₹72,480 crore to the government
Under the direct tax dispute resolution scheme ‘vivad se vishwas’ which was launched in march, the government has received ₹72,480…
Markets
Market Closing: Sensex Nifty end in red territory, dragged by Banks and IT stocks
On Thursday, benchmark indices closed red with Nifty at 12,771.70 showing a 1.29% decline. Sensex dropping with 1.31% at 43,599.96.…
Companies
Vodafone Idea to get $2 billion funding from Oaktree and Varde
On Thursday, reports from Bloomberg confirmed Oaktree and Varde’s offer of $2 billion funding to Vodafone Idea. The new merger…
Finance
Bitcoin investment manager tops $10 billion in assets
The virtual currency is close to all time peak of $20,000. World’s largest crypto currency asset manager Grayscale mentioned, assets…
Aviation
Spicejet shares crossed bar of 50% , Indigo crosses 29% in November
Spicejet shares showed a 13% rise in accordance with the previous day’s close. Spicejet was trading at Rs 75 at…
Banking
LVB has enough funds to repay depositors – Administrator
RBI appointed administrator for Lakshmi Vilas Bank, T.N Manoharan stated the loss making bank has ample liquidity to pay back…