FOKIA highlights key parameters for economic revival, liquidity boost in the Kutch Model as a working example to tide over Covid Crisis

Prime Minister Narendra Modi’s special mention of Kutch’s incredible resurrection post-2001 killer earthquake, during his address to the nation in May, was not only aimed at infusing the much-needed... Read more »

Benchmark equity index touches 3-month high Sensex closes 34,732, Nifty 10,244

A surge in some strong blue chips pushed up the benchmark equity market indices to new three-month high on Friday with RIL recording a new high of 500 points even... Read more »

Banks, RIL push Sensex up 700 points

Despite continuous rise in Coronavirus cases in the country, the mood in the markets turned upbeat late afternoon as Banks, financial services and metal  indices witnessed an upward surge... Read more »

Crisil advocates investment in Debt Mutual Funds

Mumbai, June 17 : Leading rating agency Crisil has said that investment in Debt Mutual Funds was advisable and may benefit investors. The statement of Crisil comes close on... Read more »

Sensex dips 97 points amit tensions at Border and rising Covid cases

Mumbai, June 17 :  Investor sentiments were subdued on Wednesday as rise in Covid-19 cases and tensions at the border due to Indi-China row played dominantly in the market scenario... Read more »

Sensex scales 376 points as investors ignore India-China rift at border

Domestic benchmark indices rose sharply on Tuesday after coming down due to volatility in Indo-China border skirmishes with the investors opting to concentrate on firm global cues and instead... Read more »

COVID Impact: Tax Collection falls by 31 per cent in April-June quarter

June 16 : In the current fiscal, Gross Tax Collection fell by 31 per cent till June 15, however advance corporate tax garnered the declining 69 per cent, official... Read more »

BoB, Union Bank announce cut in lending rates

Mumbai, June 10 : Nationalised Banks — Bank of Baroda and Union Bank of India — on Wednesday announced a cut in their marginal cost of funds-based lending rates... Read more »

Indian Economy to grow at 9.5 % next fiscal : Fitch Ratings

Mumbai, June 10 : The Indian Economy which has slowed down during FY 20-21 due to Corovirus pandemic is poised to bounce back with a sharp growth rate of... Read more »

Madhu Kapur family withdraws suit filed against Yes Bank in Bombay High Court

Mumbai, June 10 : The family of Madhu Kapur, widow of late Ashok Kapur, Co-founder of Yes Bank, has withdrawn a suit filed by her and her family in... Read more »