Slide in global crude oil prices along with expectations of fund infusion into public sector banks and value buying lifted the key domestic equity indices higher on Tuesday. However, broadly... Read more »
The government is likely to recapitalise some state-run banks in urgent need by up to Rs 10,000 crore within a few days to help them meet regulatory capital requirements,... Read more »
State-run IDBI Bank on Tuesday said it will seek rgw central government’s nod on the Life Insurance Corp’s (LIC) proposal to acquire 51 per cent stake in the debt-ridden... Read more »
State-run United Bank of India (UBI), which received about Rs 676 crore from two stressed accounts through resolution in the NCLT, is expecting to recover Rs 3,000 crore in... Read more »
Expectation of a healthy rural demand on the back of the government’s enhanced farm sector support buoyed the key Indian equity indices on Wednesday. Additionally, positive economic data on... Read more »
Securities Exchange Board of India (SEBI) has allowed Hapur Commodity Exchange to discontinue operations as a bourse, making it the seventh derivatives exchange to exit after the merger of Forward... Read more »
The key Indian equity indices ended volatile trade on Tuesday on a flat note, tracking mixed global markets. Although the indices had opened in the red, they pared their... Read more »
Weak global cues pulled the key Indian equity indices lower on Monday, with the benchmark BSE Sensex falling over 200 points. Heavy selling pressure was witnessed in the auto,... Read more »
The multi-crore fraud hit Punjab National Bank posted a net loss of Rs 13,417 crore for the fourth quarter (January-March) of 2017-18, a regulatory filing by the company on... Read more »
The key Indian equity indices on Monday opened on a flat note. The 30-scrip Sensitive Index (Sensex), was trading 28.51 points or 0.08 per cent higher soon after opening.... Read more »