Skymet predicts South-West monsoon to be below normal this year

India must be geared up to receive low rainfall. According to a private forecaster Skymet Weather, this year’s South-West Monsoon (June-September) is likely to be ‘below normal’, at around... Read more »

SC repeals RBI’s 12 February circular, defaulters will now brought to NCLT on case by case basis

  The Supreme Court (SC) on Tuesday repealed the RBI’s 12 February circular, which laid down rules for recognising one-day defaults by large corporates and initiating insolvency action as... Read more »

Reliance Jio shifts fibre and tower infrastructure to InvITs

To reduce the debt on its balance sheet, Reliance Jio Infocomm (RJio) has completed the transfer of its optic fibre cable and tower infrastructure to two infrastructure investment trusts... Read more »

Sensex completes 40 years, hits an all-time high of 39115.57

India’s oldest bellwether index has completed forty years of ups and downs. Interestingly as it begins the fortieth year,  the Sensex has scaled a new peak touching an all-time high... Read more »

Ranjan Chakravarty speaks about pre-election jitters affecting trading perspectives

It is the need of the hour to provide a trading perspective on the largest democratic exercise on the planet which is about to get under way in a... Read more »

GST revenue reaches record high of Rs 1.06 trillion in March says Finance Ministry

GST collections rose to a record high of Rs 1.06 lakh crore in March, up from Rs 97,247 crore in the previous month, as compliance improved amid increased number... Read more »

Bank of Baroda ranks second among PSU banks in India

Bank of Baroda (BoB) on Monday has become the second largest state-owned lender after merging Dena Bank and Vijaya Bank with itself as part of a three-way amalgamation. The... Read more »

Government extends deadline for linking PAN with Aadhaar till September 30

Last year, the government announced that the PAN has to be linked with the biometric ID by March 31. As per an official statement, the government on Sunday extended... Read more »

India to be among top-10 media market contenders by 2021, says report

India is expected to be among the top-10 entertainment and media markets globally by 2021 in terms of absolute numbers, according to a joint study by ASSOCHAM-PwC. The country’s... Read more »

Indian equity market amongst best performers in FY19, still continues to peak upwards

In spite of several challenges including the NBFCs-triggered liquidity crisis as well as global trade tensions and high crude oil prices, the Indian equities market emerged as one of... Read more »