Title Description Posted Date
IndusInd Bank in troubled waters after e

Mumbai/IBNS: IndusInd Bank shares slumped over 10 per cent on Tuesday after the bank revealed it has lost 10 per cent of its deposits since Yes Bank was declared insolvent this year, media reports said.

31-Mar-2020
Satya Nadella's wife Anupama donates Rs.

New Delhi/IBNS: Microsoft CEO Satya Nadella's wife Anupama has donated Rs. 2 crore to the PM-CARES Fund, constituted to fight the impact of novel coronavirus in India.

31-Mar-2020
Ten PSBs to merge, form 4 banks from Apr

New Delhi/UNI: Six public sector banks will go down in the pages of history with effect from April 1 after ten PSBs merge into four from April 1, 2020 to help meet the needs of the growing economy and create large banks globally.

31-Mar-2020
ITC moves up 7.84 pc to Rs 172

Mumbai/UNI: ITC on Tuesday rallied 7.84 pc to Rs 172 and was the star gainer in the 30 scrip index of Bombay Stocks Exchange.

31-Mar-2020
Feb core industries move up at 5.5 per c

New Delhi/UNI: Eight sectors -- coal, crude oil, natural gas, refinery products, fertilisers, steel, cement, and electricity -- expanded in February 2020 by 5.5 per cent against 1.4 per cent in January.

31-Mar-2020
Indian Market: Sensex jumps 1028.17 poin

Mumbai/UNI: The benchmark Index of Bombay Stock Exchange on Tuesday surged 1028.17 points

31-Mar-2020
Indian Overseas Bank reduces interest ra

Chennai/IBNS Chennai based public sector bank, Indian Overseas Bank, consequent to change in Repo rate by RBI, has reduced the repo linked lending rate (RLLR) by 75 bps.

31-Mar-2020
Indian Rupee up 6 paise against USD

Mumbai/UNI: The Rupee on Tuesday rose six paise to 75.55 against the US Dollar on selling of American currency by bankers and exporters, dealers at the forex market said.

31-Mar-2020
Punjab National Bank cuts interest rates

New Delhi/IBNS: Punjab National Bank (PNB) has decided to pass on the full benefit of recent RBIs policy rate cut of 75 bps to its borrowers covered under External Benchmark linked product of Repo Linked Lending Rate (RLLR) in respect of Retail/ MSME portfolio w.e.f 01.04.2020.

31-Mar-2020
HAL records turnover in excess of Rs 210

Bengaluru/UNI: Hindustan Aeronautics Limited (HAL) recorded a turnover of over Rs 21,100 crores (provisional and unaudited) for the financial year ended on March 31, 2020 (corresponding figure for the previous year was Rs. 19,705 crores).

31-Mar-2020
COVID-19 impact: Recession to hit develo

New York/IBNS: The world economy will go into recession this year with a predicted loss of global income in the trillions of dollars, causing serious trouble for developing countries, with the likely exception of China and the possible exception of India, as per a UN trade report released on Monday.

31-Mar-2020
Coronavirus could cut global investment

New York/IBNS: A new UNCTAD analysis of how the coronavirus pandemic will affect global foreign direct investment (FDI) prospects shows that the negative impact will be worse than previously projected on 8 March.

31-Mar-2020
$2.5 trillion COVID-19 rescue package ne

New York/IBNS: The economic fallout from COVID-19 is likely to get “much worse” before it gets better for some six billion people living in developing economies, the UN said on Monday, in an appeal for a $2.5 trillion rescue package to boost their resilience to further hardship.

31-Mar-2020
World Bank lowers Malaysia's growth to -

Kuala Lumpur/Xinhua/UNI: The World Bank on Tuesday revised down Malaysia's gross domestic product (GDP) growth projection this year sharply to -0.1 percent from 4.5 percent, to reflect the severity of the economic impact of the COVID-19 outbreak.

31-Mar-2020
Five Benefits of Taking a Home Loan

Being a homeowner calls for a continued commitment towards the improvisation, renovation and modernization of home. Such quality maintenance not only improves the aesthetic appeal of the apartment but increases the value of the property as an asset. Listed below are five ideas for getting a budget for apartment modernization.

31-Mar-2020
East Asia and Pacific: Countries must ac

Washington/IBNS: The virus that triggered a supply shock in China has now caused a global shock. Developing economies in East Asia and the Pacific (EAP), recovering from trade tensions and struggling with COVID-19, now face the prospect of a global financial shock and recession.

31-Mar-2020
Toyota Kirloskar Motor extends support t

Bangalore/IBNS: In its determined endeavors to counter the repercussions brought about by COVID-19 and the nationwide lockdown that followed, Toyota Kirloskar Motor (TKM) on Tuesday, announced Dealer Support Package - ‘COVID Package’ for its associates in order to support and protect their interests.

31-Mar-2020
Indian financial year not being extended

New Delhi/IBNS: Refuting media reports, the Ministry of Finance has said India's financial year has not been extended till June this year when the nation is fighting against the COVID19 outbreak.

31-Mar-2020
Airtel announces unrestricted Incoming s

Kolkata/IBNS: Bharti Airtel, an integrated telecommunications company, on Tuesday announced all measures to assist low income group customers impacted by the COVID-19 crisis.

31-Mar-2020
#IndiaFightsCorona: Reliance Industries

Mumbai/IBNS: Reliance Industries Ltd. (RIL) on Monday announced a donation of Rs. 500 crore to PM CARES Fund in response to the call by the Prime Minister to support the nation’s fight against the Coronavirus onslaught.

30-Mar-2020
Indian Rupee down 73 paise against USD

Mumbai/UNI: The rupee on Monday heavily down by 73 paise to 75.61 against the greenback on brisk demand for US dollar by bankers and importers amid outflow by foreign institutional investors, dealers at the Forex market informed.

30-Mar-2020
HAL to donate Rs 26.25 cr to PM-CARES Fu

Bengaluru/UNI: Public Sector HAL has pledged Rs 20 crore from its CSR fund to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM-CARES) Fund.

30-Mar-2020
Indian Market: Sensex slumps 1,375.27 pt

Mumbai/UNI: The benchmark index of Bombay Stock Exchange on Monday crashed 1,375.37 points to settle at 28,440.32 on weak global cues amid heavy selling in finance, auto and telecom stocks.

30-Mar-2020
ICICI Bank launches banking services on

Mumbai/IBNS: ICICI Bank on Monday announced the launch of banking services on WhatsApp to enable its retail customers to undertake a slew of banking requirements from their home at a time when they are advised to stay indoors in the wake of the nationwide lockdown to fight against corona virus.

30-Mar-2020
Indian Market: Sensex down by 589 pts

Mumbai/UNI: The BSE index on Monday dropped by 589 pts to open at 29,226.55 as heavy selling in finance, materials, industrial, auto and banks.

30-Mar-2020
Indian Rupee down by 45 paise against US

Mumbai, Mar 30 (UNI) The Rupee on Monday tumbled down 45 Paise to 75.30 in opening trade on rising demand for dollars by bankers and importers, a dealer at forex market informed.

30-Mar-2020
Bank of Baroda lowers Baroda Repo Linked

New Delhi/IBNS: Bank of Baroda, a public sector lender, has reduced its Baroda Repo Linked Lending Rate (BRLLR) by 75 basis points with effect from March 28, 2020.

30-Mar-2020
COVID-19: Tata Trusts up their commitmen

Mumbai/IBNS: Hours after announcing a contribution of Rs 500 crore towards tackling the COVID-19 situation in India, Tata Trusts on Saturday increased their commitment to the cause with an additional Rs 1000 crore.

28-Mar-2020
Tata Trusts commits Rs 500 crore to figh

New Delhi/IBNS: In a bid to fight against COVID 19 outbreak in India, Tata Trusts has committed Rs. 500 crores to all affected communities.

28-Mar-2020
Ola launches 'Drive the Driver Fund' to

Kolkata/IBNS: Two days after the nation-wide lockdown which has left the country’s drivers without any daily income, Ola, one of the world’s largest ride-hailing platform, on Friday announced the launch of ‘Drive the Driver Fund’ under the aegis of its social welfare arm, Ola Foundation.

27-Mar-2020
Indian Market: Sensex down 131.18 pts

Mumbai/UNI: Sensex of Bombay Stock Exchange (BSE) on Friday fell by 1,31.18 pts to end negative at 29,815.59 pts on selling in telecom, auto, realty and technology stocks.

27-Mar-2020
India's corporate sector welcome's RBI r

Mumbai/IBNS: The Indian corporate sector has reacted positively to the Reserve Bank of India's decision to slash the repo rate by 75 basis points to 4.4 per cent.

27-Mar-2020
Bajaj Finance moves down by 8.87 pc

Mumbai/UNI:  Bajaj Finance on Friday slipped by 8.87 per cent to Rs 2,546.45 in the 30 scrips of Bombay Stock exchange.

27-Mar-2020
Indian Rupee ends strong at 74.88 agains

Mumbai/UNI: Rupee on Friday closed at 74.88, registering a major gain of 35 paise against the greenback on the selling of dollars by bankers and exporters, dealers at the forex market said.

27-Mar-2020
Tata Motors Ltd Board subsidiarizes c

Mumbai/IBNS: Tata Motors Ltd (TML) Board approves plan to subsidiarize TML’s Passenger Vehicles (PV) including Electric Vehicles (EV) business into a separate subsidiary through a scheme of arrangement for it to be fully functional on a standalone basis through a slump sale.

27-Mar-2020
RBI policy will ensure sufficient liquid

Bengaluru/UNI: MD & CEO of LIC HFL said RBI policy announced on Friday will ensure sufficient liquidity in the system at a time when anxious moments are around due to Covid 19 situation.

27-Mar-2020
Standard Chartered Bank CEO hails RBI's

New Delhi/UNI:  Standard Chartered Bank CEO Zarin Daruwala on Friday hailed RBI's step to cut interest rates by 75 basis points to 4.4 per cent and said that the bold steps initiated by the Monetary Policy Committee should help financial markets tide over the current situation.

27-Mar-2020
Singapore stocks close 1.66 pct higher

Singapore/Xinhua/UNI: Singapore stocks closed higher on Friday, with the benchmark Straits Times Index (STI) going up 1.66 percent, or 41.20 points, to close at 2,528.76.

27-Mar-2020
Huawei to fuel Kunpeng Computing Industr

Shenzhen/IBNS: Electronic major Huawei has announced the latest initiative to advance the Huawei Developer Program 2.0.

27-Mar-2020
RBI measures will give 'much-desired rel

New Delhi/UNI: Finance Minister Nirmala Sitharaman on Friday welcomed the RBI announcement of massive 75 basis points cut in repo rates as a measure to counter the economic slowdown caused by the Covid-19 pandemic and maintained that three month moratorium on payments of term loan instalments and interest on working capital will give much-desired relief.

27-Mar-2020
ITC sets up Rs 150 crores COVID Continge

Kolkata/IBNS: Tobacco and FMCG major ITC has set up a Rs 150 crore COVID contingency fund for the vulnerable section of the society, the company said on Friday.

27-Mar-2020
Indian Market: Sensex rises to 31k level

Mumbai/UNI: The BSE Sensex on Friday crossed 31,000 level in early trade as it rallied by 1180 points to 31126.03 in opening trade on the strength of finance, banked shares.

27-Mar-2020
Repo rate slashed by 75 basis points to

Mumbai/IBNS: The Reserve Bank of India on Friday announced that repo rate has been slashed by 75 basis points to 4.4 percent.  

27-Mar-2020
Indian Chamber of Commerce appeals to go

Kolkata/IBNS: The Union Government has already identified the list of jobs and services deemed "essential" and, therefore, these are not required to be in lockdown for the next few weeks.

26-Mar-2020
Syndicate Bank puts employee safety and

Bengaluru/IBNS: In the midst of Covid-19 crisis, Syndicate Bank has announced a number of measures for employee safety and uninterrupted banking for customers.

26-Mar-2020
Kotak Mahindra Group launches Kotak Silk

Kolkata/IBNS: To help women in their attempt for financial independence, Kotak Mahindra Group has launched Kotak Silk Loans – with attractive rates and special offers across a range of loan categories especially for women borrowers.

26-Mar-2020
COVID-19: FM Sitharaman announces mega p

New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman on Thursday came out with a mega package of Rs. 1,70,000 crore under "Pradhan Mantri Gareeb Kalyan Scheme" to support health workers, poor people, farmers, women and other marginalised sectors as the country is in lockdown mode to combat COVID-19.

26-Mar-2020
Canara Bank extends its support to custo

Kolkata/IBNS: Canara Bank, as a socially responsible organisation is always at the forefront to extend its support to its customers. In the wake of Covid-19 crisis, Customers are advised to stay safe and connect to the Bank through various digital modes.

26-Mar-2020
Bringing back the joy of reading: Airtel

Kolkata/IBNS: Bharti Airtel, India’s largest integrated telco, on Thursday enabled free access to thousands of titles on its e-books platform – Juggernaut Books (formerly known as Airtel Books) for all its customers.  

26-Mar-2020
COVID-19: FM Sitharaman announces Rs. 50

New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman on Thursday announced an insurance of Rs. 50 lakh for three months to all health workers who are treating COVID-19 patients.  

26-Mar-2020
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