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Sensex, Nifty decline on weak rupee, factory data

Markets

13 November, 2019

Sensex, Nifty decline on weak rupee, factory data

Indian shares closed lower on Wednesday, hurt by a weaker rupee and a fall in factory output data, while investors ......

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Loosened lending rules stoke optimism for fledgling InvIT market

Markets

18 October, 2019

Loosened lending rules stoke optimism for fledgling InvIT market

Previously, banks were allowed to lend money to infrastructure investment trusts or InvITs at the level of the special purpose ......

Sensex, Nifty slide as banks slump; earnings in focus

Markets

10 October, 2019

Sensex, Nifty slide as banks slump; earnings in focus

Indian markets closed lower on Thursday, led by a sharp drop in banking shares, while investors awaited a raft of ......

Govt weighs stricter laws to curb frauds in co-operative banks

Finance

10 October, 2019

Govt weighs stricter laws to curb frauds in co-operative banks

The India government is considering amending laws to curb malpractices at co-operative banks in Asia’s third-largest economy, following allegations of ......

RBI blocks merger of Lakshmi Vilas Bank with Indiabulls Housing

Finance

09 October, 2019

RBI blocks merger of Lakshmi Vilas Bank with Indiabulls Housing

Indian lender Lakshmi Vilas Bank Ltd (LVB) said on Wednesday the central bank had not approved its merger with Indiabulls ......

Nifty, Sensex mark worst losing streak since July

Markets

07 October, 2019

Nifty, Sensex mark worst losing streak since July

Indian shares ended lower for a sixth straight session on Monday, led by losses in steelmakers and energy stocks as ......

RBI to pick up slack as India stimulus measures to fall short: Poll

Economy

01 October, 2019

RBI to pick up slack as India stimulus measures to fall short: Poll

Recent stimulus measures announced by the Indian government will be insufficient to boost economic growth significantly, said a majority of ......

Current account deficit narrows in June quarter

Economy

01 October, 2019

Current account deficit narrows in June quarter

India’s current account deficit (CAD) narrowed to 2% of gross domestic product in the June quarter of the fiscal year ......

Sensex, Nifty slip as banks lose ground; Indiabulls dives 34%

Markets

30 September, 2019

Sensex, Nifty slip as banks lose ground; Indiabulls dives 34%

Indian stock indexes fell on Monday following a raft of negative news in the banking and real estate sectors, with ......

Depositors panic as curbs put on major Indian co-operative bank

Finance

25 September, 2019

Depositors panic as curbs put on major Indian co-operative bank

The Reserve Bank of India’s (RBI) move to take charge of one of the country’s top five co-operative banks on ......