Thiruvananthapuram
C
Alappuzha
Ernakulam
Idukki
Kannur
Kasaragod
Kollam
Kottayam
Kozhikode
Malappuram
Palakkad
Pathanamthitta
Thiruvananthapuram
Thrissur
Wayanad
Saturday, March 06, 2021

money

Mukesh Ambani joins club of world's 10 richest people

Mumbai: Asia's richest man has entered a new league of wealth. The net worth of Mukesh Ambani, chairman of Reliance Industries Ltd., has jumped to $6...

P-note investment rises to over Rs 60,000 cr till May-end

New Delhi: Investments through participatory notes (P-notes) in the domestic capital market rose to Rs 60,027 crore till May-end, making it the secon...

Gross tax collection falls 31% so far in June quarter

Mumbai: Gross tax collection fell 31 per cent till June 15 of the current fiscal, with advance corporate tax mop-up declining 79 per cent, an officia...

Investment via P-notes up at Rs 57,100 cr till April

New Delhi: Investments through participatory notes (P-notes) in the domestic capital market increased to Rs 57,100 crore as of April 30 after falling...

RBI chief says GDP growth in 2020-21 likely to be in negative

Mumbai: The Reserve Bank on India (RBI) said India's gross domestic product (GDP) growth will be in negative territory in 2020-21 as the outbreak of ...

Inflation outlook highly uncertain: RBI Governor

Mumbai: Reserve Bank Governor Shaktikanta Das said the inflation outlook is highly uncertain due to the outbreak of the COVID-19 pandemic and express...

PSBs sanctioned Rs 5.66 lakh cr loans during Mar-Apr: Minister

Finance Minister Nirmala Sitharaman said public sector banks (PSBs) sanctioned loans worth Rs 5.66 lakh crore to borrowers during March and April, an...

SBI to extend moratorium to NBFCs

The country's largest lender SBI has decided to extend the RBI-approved moratorium to the cash-strapped NBFC sector to help them tide over the crisis...

Govt defers release of April GST collection data

New Delhi: The government deferred the release of April GST revenue collection data as the ongoing lockdown and extended return filing deadline led t...

ADB approves USD 1.5 bn loan to India to fight COVID-19

The Asian Development Bank (ADB) said it has approved USD 1.5 billion loan to India to help fund its fight against coronavirus pandemic. The loan has...

Infosys Q4 net profit up 6.3% at Rs 4,335 cr

IT major Infosys reported a 6.3 per cent year-on-year (YoY) rise in consolidated profit for the March quarter at Rs 4,321 crore compared with Rs 4,07...

RBI cuts reverse repo by 25 bps to 3.75%

The Reserve Bank of India Governor Shaktikanta Das said the central bank will ensure adequate liquidity in the system to ease the financial stress ca...

RBI remains net purchaser of dollar in Feb; buys $9.14 bn

The Reserve Bank of India (RBI) continued to be a net purchaser of the US dollar after it bought $9.144 billion in February on a net basis from the s...

Centre to release another Rs 34,000 cr compensation to states soon

In a bid to provide further relief to states amid the coronavirus outbreak, the finance ministry is planning to soon release another about Rs 34,000 ...

Italy injects record 400 bn euros into pandemic-hit economy

Italy has unveiled a record 400 billion euro ( USD 430 billion) stimulus to help businesses hurt by a month-long national lockdown that is like to ru...

World Bank approves $1 bn emergency funds for India

The World Bank approved USD 1-billion emergency financing for India to tackle the coronavirus outbreak.The World Bank's first set of aid projects, am...

Canara Bank is now India's 4th largest public sector bank

Canara Bank said that following its merger with Syndicate Bank, it is now the fourth largest state-owned bank by assets.The bank said that the combin...

HDFC Bank offers loan deferment option to customers

HDFC Bank offered to defer EMIs in the wake of the coronavirus pandemic. The bank in an email to its customers said the prevailing situation may pose...

GST mop-up in March at Rs 97,597 cr

Goods and Services Tax (GST) revenue in March stood at Rs 97,597 crore, lower than over Rs 1.05 lakh crore collected in February. Of the total Rs 97,...

Indian banking system is safe, says RBI Governor

Allaying depositors' concerns, RBI Governor Shaktikanta Das asserted there Indian banking system is safe, and termed linking banks' share prices to s...