Finance

Syndicate Bank's agricultural sector NPAs rose fourfold in five years

The bank, which is a likely candidate for merger and consolidation with some other public sector lenders, accumulated NPAs to the tune of Rs 10,253 crore until March 31, 2018.

Jan 9, 2019

RBI's economic capital framework faces a crude shock

India's dependence on imports for meeting 80% of the oil demand makes it susceptible to oil shocks, a central bank study says.

Jan 8, 2019

India GDP agriculture gdp estimate rural demand

Markets edgy as Modi govt considers massive farm relief package

Prime Minister Modi mulling programmes costing Rs 2.3 lakh crore including direct benefit transfer (DBT) of Rs 4,000 per acre and Rs 50,000 interest-free loan per hectare.

Jan 3, 2019

nse nifty, nifty at new high, nifty at historic high, nifty at lifetime high, nifty to cross 10000, nifty to hit 10000, sensex gainers, 3 years of modi govt

Sensex down 320 points, auto stocks slump

The weakness in the domestic indices came on the back of a similar trend in the Asian markets along with a sharp decline in rupee and a slowdown in the manufacturing PMI data.

Jan 2, 2019

India retains crown as 'world's fastest growing economy'; China a close second

Indian economy's roller-coaster ride during the year gone by was best captured by the GDP growth. In the first quarter of 2018-19 ending June 30, it grew at an impressive 8.2 percent, after 7.7 percent in the first three months of the year.

Jan 1, 2019

Massive banking frauds eclipse record recovery of bad assets in FY18

New regulatory framework helps recover Rs 40,400 crore of bad loans while frauds increase 72% to Rs41,200 crore.

Dec 31, 2018

Public sector banks' Rs 28,000 crore recapitalisation to ease liquidity

Lenders hit by massive farm loan waiver unlikely to benefit from capital infusion amid fear of rural lending cycle disruption.

Dec 28, 2018

Jalan panel faces tough task of deciding adequate RBI reserves

Growing global uncertainties in a multi-polar world will make it difficult to arrive at the right amount of risk provisioning.

Dec 27, 2018

Problems in telecom, aviation and real estate sectors affecting revenue collections: Arun Jaitley

The Union Finance Minister says excessive competition has led to a decline in tariffs affecting GST collection from several service industries.

Dec 26, 2018

Modi govt eyeing GST regime with a single slab, says Arun Jaitley

Maximum 28 per cent category a 'dying slab' as most items now moved to two middle slabs; priority to bring cement down to 18 per cent slab.

Dec 25, 2018

Global cues, derivatives expiry to chart stock market's course

Globally, concerns over a slowdown in international growth and the ongoing partial US government shutdown are expected to be major themes during the truncated weekly trade.

Dec 23, 2018

Sensex falls nearly 700 points, Nifty cracks below 10,800 amid weak global cues

BSE Sensex settled 689.60 points or 1.89 percent lower at 35,742.07 after touching an intra-day high of 36,483.49 and a low of 35,694.74.

Dec 22, 2018

RBI's Rs 1 trillion bond buyback operations to inject more liquidity into economy

The central bank's open market operations will release Rs 500 billion into the banking system in December and another Rs 500 billion in January 2019.

Dec 19, 2018

market outlook, indian stock markets, french presidential polls, indian markets and french polls, indian markets and french presidential elections, emmanuel macron, le pen

Global cues to dictate equity indices, rupee's trend

Last week's provisional data from exchanges showed that foreign institutional investors (FIIs) became net sellers, as they off-loaded a total of Rs 2,067.19 crore worth of shares.

Dec 16, 2018

RBI board meeting: 4 out of 11 banks may witness ease in lending restrictions

The central bank has taken an activist stance in its last meetings however, the newly appointed governor has adopted a more consultative approach while dealing with the issue.

Dec 16, 2018