Capital Market participants want Union Budget to focus on pending reforms for impending benefits to the economy

Capital market participants, including leading stock & commodity exchanges, brokers and traders, have reiterated their demand for implementing the long-pending tax reforms in the Union Budget 2021-22 in view... Read more »

Bank of Maharashtra sanctions Rs 2779 crore since Mar 20

Mumbai, July 8 : Bank of Maharashtra said on Wednesday that it had sanctioned Rs 2779 crore to micro, small and medium enterprises (MSMEs) under its various schemes since March... Read more »

India flattened Covid curve, green shoots have emerged: FinMin

Mumbai, July 6 : India has flattened the Covid-19 curve and ‘green shoots’ have emerged after the restrictions on lockdown were lifted, a Finance Ministry report said. “These green shoots... Read more »

Hopes of Covid Vaccine pushes Sensex up 429 points

Hopes for early vaccine for Covid-19 cases came as a boost to investor sentiments even as HDFC, RIL and IT stocks pushed Sensex upwards by 429 points or 1.21... Read more »

Tata Power to raise Rs 2600 crore from Tata Sons

Mumbai, July 2 : Tata Power on Thursday said it would raise Rs 2600 crore from Tata Sons by allotting shares on preferential basis to the parent firm. The... Read more »

RIL and Financials enable Sensex to rise 499 points, Nifty touches 10,400

With RIL and Financials stocks gaining ground, Sensex climbed 499 points or 1.43 per cent to close at 35,414 while Nifty gained 128 points to close at 10,430. RIL and... Read more »

Fitch Ratings cuts down India’s projected growth to 8 % for FY21-22

Mumbai, June 30 : Fitch Ratings, on Tuesday, cut India’s growth forecast for 2020-21 fiscal to 8 per cent from 9 per cent projected last month. However, it retained... Read more »

Sensex, Nifty climb 19% in June Qtr: Best gains in 11 years

Mumbai, June 30: Sensex and Nifty rose by 18.5 percent and 19.8 per cent respectively in the quarter ending June, posting their greatest Quarterly earnings since June 2009 in... Read more »

Adani Power to raise Rs 2500 crore

Mumbai, June 26 : Adani Power, on Friday, said it had got the shareholders nod to raise upto Rs 2500 crore in one or more tranches to sustain business growth... Read more »

What can the Modi Govt learn from ‘vendor debarment’ rules of Singapore

The Government of India, under the transparency move triggered by Prime Minister Narendra Modi, may take a leaf out of the Singapore government’s methods to weed out unscrupulous and... Read more »