Thiruvananthapuram
C
Alappuzha
Ernakulam
Idukki
Kannur
Kasaragod
Kollam
Kottayam
Kozhikode
Malappuram
Palakkad
Pathanamthitta
Thiruvananthapuram
Thrissur
Wayanad
Monday, October 21, 2019

money

Forex kitty nears USD 440 bn; touches fresh-life high

The forex kitty continued to climb north, swelling by USD 1.879 billion to a new life-time high of USD 439.712 billion, in the week to October 11, th...

Gold falls Rs 105 on stronger rupee, weak global cues

Gold prices on Thursday declined Rs 105 to Rs 38,985 per 10 gram in the national capital on a stronger rupee and weak global cues, according to HDFC ...

USD 60 bn investment coming in gas infrastructure: Minister

India is investing over USD 60 billion in developing natural supply and distribution infrastructure as it chases the target of more than doubling the...

SBI brings back processing fee on home loans

After reducing deposit rates for its customers, State Bank of India has now decided to charge processing fees for home loans, top-up plans and loans ...

Forbes India rich list: Mukesh Ambani retains top spot

Reliance Industries' Chairman Mukesh Ambani has bagged the top spot in Forbes' list of the richest Indians for the year 2019 in what the American bus...

TCS Q2 profit inches up 2% YoY to Rs 8,042 cr

IT major Tata Consultancy Services (TCS) on Thursday reported 1.80 per cent year-on-year (YoY) rise in consolidated profit at Rs 8,042 crore for the ...

RBI gives nod for 'Kerala Bank'

The Kerala government's long pending dream of setting up its own bank, by merging district co-operative banks, is all set to become a reality with th...

Malaysia seeking USD 100 mn in fines in expanded 1MDB probe: Official

Malaysian authorities have imposed fines of around USD 100 million on 80 entities, intensifying their pursuit of people allegedly linked to the massi...

Rs 10,000-cr investments to flow into Kerala from Dubai

The investor community in Dubai has promised investment of Rs 10,000 crore in Kerala, state Chief Minister Pinarayi Vijayan has said. The state recei...

Rate cut to complement govt's measures to boost growth: FinMin

The Finance Ministry on Friday said the Reserve Bank's decision to lower benchmark lending rate will complement recent measures taken by the governme...

Forex reserves decline by USD 388 mn to USD 428.57 bn

India's forex reserves declined by USD 388 million to USD 428.572 billion for the week ended September 20 due to a slide in core currency and gold as...

Odisha approves investment proposals worth Rs 2,435 cr

Odisha government has approved investment proposals worth Rs 2,435 crore in different sectors which would provide direct employment to 5,432 people i...

DeMo cases: CBDT extends taxman's deadline to Dec 31

The CBDT extended the deadline up to December 31 for the Income-tax department to complete the final assessment of about 87,000 entities that made su...

Forex reserves soar USD 1 bn to USD 429.60 bn

The country's foreign exchange reserves increased by USD 1.004 billion to USD 429.608 billion in the week to September 6, helped by a rise in foreign...

Pakistan likely to miss IMF's tax refund condition

Cash-strapped Pakistan is set to miss the International Monetary Fund's condition to refund Rs 75 billion to taxpayers in the first quarter despite a...

Forex reserves fall by USD 446 mn to USD 428.6 bn

The country's foreign exchange reserves fell by USD 446 million to USD 428.604 billion in the week to August 30, mainly on account of a drop in forei...

Cabinet clears Rs 9,300-cr capital infusion in IDBI Bank

The Cabinet approved a capital infusion plan worth Rs 9,300 crore for IDBI Bank. The Cabinet cleared the IDBI Bank recapitalisation plan with a one-t...

GST collections dip below Rs 1 lakh crore in August

In an apparent sign of economic slowdown, India's GST collections in August dropped to Rs 98,202 crore from over Rs 1.02 lakh crore in the previous m...

Forex kitty slips below $430-bn-mark

After scaling new highs for weeks, the foreign exchange reserves fell by a steep USD 1.45 billion to USD 429.050 billion in the week to August 23 due...

PSBs gross NPAs down to Rs 7.9 lakh cr: Minister

Finance Minister Nirmala Sitharaman said the profitability of public sector banks has improved and total gross non-performing assets have come down t...

Fiscal deficit touches Rs 5.47 lakh crore at July-end

The government's fiscal deficit touched Rs 5.47 lakh crore in the June quarter, which is 77.8 per cent of the budget estimate for 2019-20. In absolut...

RBI board approves Rs 1.76 lakh cr transfer to govt

The Reserve Bank of India (RBI) decided to transfer Rs 1.76 lakh crore in dividend and surplus reserve to the government. This follows the RBI board ...

U.S deficit to exceed $1 trillion next year: Report

The federal budget deficit is expected to balloon to more than USD 1 trillion in the next fiscal year under the first projections taking into account...

Task force on Direct Tax Code submits report to FM

A government-appointed task force headed by CBDT member Akhilesh Ranjan on Monday submitted its report on the new Direct Tax Code, which seeks to rep...

Credit demand subdued, economy needs stimulus: SBI chief

State Bank of India (SBI) Chairman Rajnish Kumar said credit demand remains subdued and there is a need for stimulus in the economy.Though lack of cr...

Apple will spend 'vast sums' in U.S, says Trump

Donald Trump said that tech giant Apple would be spending 'vast sums' of money in the U.S in a tweet ahead of a dinner meeting with its CEO Tim Cook....

Forex reserves at new life-time high

India's foreign exchange reserves surged by USD 1.620 billion to USD 430.572 billion in the week to August 9 on rise in foreign currency assets, acco...

India contributes USD 1 million to UN fund

India has contributed USD one million to the UN Special Purpose Trust Fund for the Resident Coordinator System.The Special Purpose Trust Fund (SPTF) ...

Britannia Industries Q1 net profit falls 3.64%

Britannia Industries reported a 3.64 per cent decline in consolidated net profit at Rs 248.64 crore for the quarter ended June 30, 2019. The company ...