Economy News

FM rolls out loan guarantee scheme for tourist guides, travel agencies; how it helps [details]

On Monday, Finance Minister Nirmala Sitharaman announced that 100% guaranteed loans will be provided to registered tourist guides and other travel and tourism stakeholders.

Jun 28, 2021

Centre announces Rs 19,000 cr more for BharatNet project [details]

Finance Minister Nirmala Sitharaman said that the government will invest an additional Rs 19,000 crore in the BharatNet initiative, which is aimed at providing broadband access to rural India through a public-private partnership approach.

Jun 28, 2021

FM announces Rs 1.1 lakh cr loan guarantee scheme for Covid affected sectors [see details]

Nirmala Sitharaman, the Finance Minister, launched a Rs 1.1 lakh crore loan guarantee scheme for Covid-affected industries on Monday.

Jun 28, 2021

India's foreign exchange reserves drop to $603.9 billion from last week's $608 billion

The value of India's foreign exchange reserves fell by $4.148 billion. Furthermore, the country's reserve position with the International Monetary Fund (IMF) decreased by $46 million to $4.965 billion.

Jun 26, 2021

Sensex is up 200 points; puts equity benchmarks in green [see details]

On Thursday morning, the leading Indian equity indices traded in the green, with the BSE Sensex surging nearly 200 points. Larsen & Toubro, Infosys, and Tata Steel have been the main gainers on the Sensex so far, while Power Grid, NTPC, and Reliance Industries have been the major losers.

Jun 24, 2021

People are saving less as inflation is surpassing past record

According to the Reserve Bank of India's (RBI) Preliminary Estimates of Household Financial Savings, the economy's openness and the easing of Covid infections last year had an impact on household financial savings.

Jun 23, 2021

SEBI halts PNB Housing's preferential share offering of Rs 4,000 crore; Here's why

The Securities and Exchange Board of India (SEBI) has ordered PNB Housing Finance to postpone a proposed preferential offer of up to Rs 4,000 crore in shares to Carlyle Group Inc.-controlled companies.

Jun 21, 2021

India's foreign exchange reserves rise by $3bn last week, reach $608bn

According to the Reserve Bank of India's (RBI) weekly data supplement, foreign exchange reserves increased to $608.081 billion from $605.008 billion. The country's reserve position with the International Monetary Fund (IMF) increased by $11 million to $5.011 billion.

Jun 19, 2021

Equity indices in red tracking Asian markets; Sensex down by 98 points

In the Asian markets, the leading Indian equity indices traded in the negative territory.

Jun 17, 2021

E-filing: Finance Ministry, Infosys officials to address new I-T Portal glitches

The Finance Ministry will host an interactive discussion with Infosys on June 22 to discuss faults and problems in the recently introduced e-filing system that are causing taxpayer inconvenience.

Jun 16, 2021

Analysis: Adani stocks reflect similar set of FPIs while mutual fund holdings remain low

Despite the fact that Adani Group stocks have been on fire in recent months, an analysis of shareholdings shows that in the March 2021 quarter, a similar set of top FPI holdings across institutional and mutual funds decreased. In addition, mutual fund stock holdings are very small.

Jun 15, 2021

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Economy News

FM rolls out loan guarantee scheme for tourist guides, travel agencies; how it helps [details]

Centre announces Rs 19,000 cr more for BharatNet project [details]

FM announces Rs 1.1 lakh cr loan guarantee scheme for Covid affected sectors [see details]

India's foreign exchange reserves drop to $603.9 billion from last week's $608 billion

Sensex is up 200 points; puts equity benchmarks in green [see details]

People are saving less as inflation is surpassing past record

SEBI halts PNB Housing's preferential share offering of Rs 4,000 crore; Here's why

India's foreign exchange reserves rise by $3bn last week, reach $608bn

Equity indices in red tracking Asian markets; Sensex down by 98 points

E-filing: Finance Ministry, Infosys officials to address new I-T Portal glitches

Analysis: Adani stocks reflect similar set of FPIs while mutual fund holdings remain low

Retail investors can look forward to big IPOs raising Rs 1.12 lakh cr; LIC still on cards

FPIs invest Rs 15,520 cr in Indian equities in June leading to record high in Sensex, Nifty

GST council slashes rates on Covid items; Vaccine remains taxed at 5%

European firms rushing to invest in China after Covid pandemic [Details]

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]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious

'She is cruel…': Ankita Lokhande CRIES after fight with Mannara, tells Vicky she wants to go home; fans react