The government will soon announce a new industrial policy with the goal of promoting growth of industries and creation of jobs, President Ram Nath Kovind said Thursday. Addressing the joint sitting of... Read more »
Indiabulls Housing Finance will conduct a buyback of all non-convertible debentures maturing in July and August totalling Rs 2,285 crore, said its managing director and CEO Gagan Banga. Indiabulls Housing Finance’s liquidity... Read more »
The Finance Ministry is issuing a fresh proposal for sale of Air India, incorporating issues like crude oil prices and exchange rate volatility, marred by EY last year on possible reasons of... Read more »
Diamond Futures marginally higher after US Fed keeps rates unchanged says Kedia Advisory: 5pm report
On Thursday, Diamond prices closed flat at Rs. 3,488.35 cent from the previous close after the US Federal Reserve decided to keep policy rates unchanged. On the ICEX, prices of Diamond futures 1... Read more »
DBS Bank has revised India’s GDP growth for fiscal year 2020 down to 6.8 percent year-on-year (YoY) from 7 percent projected earlier, creating an obstacle for exports amidst challenging trade outlook. Growth... Read more »
The Fed on Wednesday has said it has kept rate cuts steady and indicated no such cut for 2019. Many say that slashing rate may not be the answer to the accommodative stance... Read more »
In an effort to keep a tab on shell companies, the Ministry of Corporate Affairs may amend the LLP Act to tighten regulation for companies which seek to change their status to... Read more »
HDFC Limited (“HDFC”) and Apollo Hospitals Group (“Apollo”), at their respective meetings held today, confirmed entering into definitive agreements for HDFC to acquire the entire 50.8% shareholding of Apollo Group, in Apollo... Read more »
On Wednesday, Diamond prices remained flat at Rs. 3,479.4 cent. Traders continued to be cautious with US Federal Reserve monetary policy meeting results expected later today. On the ICEX, prices of Diamond futures... Read more »
There could be some good news for over 63 million Micro, Small and Medium Enterprises (MSMEs) from now on. An eight-member expert committee, constituted by the RBI, has reportedly recommended doing away... Read more »