Thiruvananthapuram
C
Alappuzha
Ernakulam
Idukki
Kannur
Kasaragod
Kollam
Kottayam
Kozhikode
Malappuram
Palakkad
Pathanamthitta
Thiruvananthapuram
Thrissur
Wayanad
Sunday, September 23, 2018

money

Rupee recovers 28 paise against US dollar in early trade

The rupee on Wednesday rebounded from its all-time low by rising 28 paise to 72.70 against the US dollar in early trade at the Interbank Foreign Exch...

Adani Capital to raise Rs 1,000 cr in growth capital in FY19

Adani Capital, the financial services arm of diversified Adani group, is planning to raise around Rs 1,000 crore in debt, mostly in bank loans, this ...

Forex reserves plunge below USD 400 bn mark

The country's forex reserves declined by USD 819.5 million to USD 399.282 billion for the week to September 7 -- slipping below the USD 400-billion m...

Rupee weakens further, hits fresh low to 72.48 against USD

The rupee weakened further to hit a fresh low of 72.48 against the US currency, falling 75 paise in late morning deals on Monday on rising crude oil ...

Forex reserves drop by USD 1.19 bn to USD 400.10 bn

The country's foreign exchange reserves fell by USD 1.191 billion to USD 400.101 billion in the week to August 31 due to a decline in foreign currenc...

Total govt liabilities rise to Rs 79.8 lakh cr in Q1: FinMin report

Total liabilities of the government increased to Rs 79.8 lakh crore at end-June 2018 from Rs 77.98 lakh crore at end-March 2018, latest data on publi...

GST collections fall to Rs 93,960 cr in August

GST collections declined to Rs 93,960 crore in August the lowest monthly mop up so far this fiscal as consumers deferred purchase of goods to avail t...

No ATM to be replenished with cash after 9 pm from Feb 2019

No ATM will be replenished with cash after 9 pm in cities and 6 pm in rural areas from next year even as two armed guards will accompany crisp notes ...

NPAs in education sector on the rise

Bad loans in the education sector have shown a rising trend in the past three financial years with NPAs nearing 9 per cent of the outstanding by Marc...

India Cements Q1 net profits slips to Rs 21.03 cr

Leading cement manufacturer India Cements Ltd, has recorded a slip in its standalone net profits for the quarter ending June 30, 2018 to Rs 21.03 cro...

RBI to pay Rs 50,000 cr dividend to govt for FY18

The Reserve Bank said it has decided to pay a dividend of Rs 50,000 crore to the Union government for the year ending June 30, 2018. The decision was...

GST mop-up rises to Rs 96,483 cr in July

GST collections rose to Rs 96,483 crore in July from Rs 95,610 crore mopped up in the previous month. The total number of sales return GSTR 3B filed ...

Forex reserves dip by USD 1.76 bn to USD 406.06 bn

India's foreign exchange reserves declined by USD 1.757 billion to USD 406.058 billion in the week to June 29 owing to fall in foreign currency asset...

Indians' stash in Swiss banks jumps 50% to Rs 7,000 crore in 2017

Money parked by Indians in Swiss banks rose over 50 per cent to CHF 1.01 billion (Rs 7,000 crore) in 2017, reversing a three-year downward trend amid...

Health insurance a growing segment in India: Report

Health insurance in India is a growing segment, yet it hasn't taken off fully and several measures are needed to improve and expand insurance coverag...

Provide 'fresh ideas' to Finance Commission, PM tells states

Prime Minister Narendra Modi asked state governments to provide 'fresh ideas' to the 15th Finance Commission for incentivising outcome-based allocati...

SEBI lowers expenses charged by Mutual Funds to increase penetration

Markets regulator SEBI has drastically slashed the 'additional expense' charged by mutual funds to just 5 basis points to help increase the penetrati...

Non-food credit growth up to 10.7% for April: RBI

The Reserve Bank said non-food credit growth accelerated to 10.7 per cent for April as against 4.5 per cent in the year-ago period, led by retail and...

IOC is most profitable PSU for 2nd yr in a row

Fuel retailer IOC has for the second year in a row beaten ONGC to become India's most profitable state-owned company, raising questions over calls fo...

India pools into USD 5 million small states fund at CHOGM

India is among four countries to pool into an innovative USD 5 million fund for small states to obtain easier access to international trade finance t...

Cash situation at ATMs improving, says SBI

India’s largest lender SBI said that cash availability at its ATMs has increased in the past 24 hours following reports of currency shortages a...

Deal with taxpayers courteously: I-T dept to taxman

Concerned about complaints of high-handedness on the part of its officers, the Income Tax Department (ITD) has issued fresh directives, asking them t...

Printing of Rs 500 notes to be increased 5 times: Govt

The government said the Reserve Bank will increase five-fold the printing of Rs 500 notes to deal with cash shortages in certain parts of the country...

ITR-1 ready for e-filing: I-T dept

The latest ITR-1 form, largely used by the salaried class of taxpayers, has been activated on the official e-filing portal of the Income Tax Departme...

Adequate currency in circulation, says Jaitley

Finance Minister Arun Jaitley said there is ‘more than adequate’ currency in circulation and the temporary shortage in certain states is ...

Implementation of GST not 'unfixable' problem: Raghuram Rajan

Proper implementation of the Goods and Services Tax (GST) in India can be worked upon and is not an “unfixable problem”, former RBI gover...

Saudi Aramco picks up 50% stake in Maharashtra refinery

Saudi Aramco, the world’s largest oil producer, signed an agreement to pick up 50 per cent stake in a planned USD 44-billion refinery-cum-petro...

RBI net buys USD 1.665 bn of U.S currency in February

The Reserve Bank continued to remain a net purchaser of the U.S currency in February after it had bought USD 1.665 billion from the spot market. Duri...

HDFC hikes lending rate by up to 0.20%

Largest mortgage player HDFC upped its lending rates by up to 0.20 per cent, in line with similar moves by commercial banks. The increase in the Reta...