Business

September 26, 2023 3:12 PM September 26, 2023 3:12 PM

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Claims of more than 10,000 MSMEs accepted under Vivad se Vishwas-I scheme, says Govt

Government has said that the claims of more than ten thousand Micro, Small and Medium Enterprises (MSMEs) accepted under Vivad se Vishwas-I scheme. Union Finance Ministry said, this has led to a grant of more than 256 crore rupees to MSMEs and increased flow of bank credit through freeing up of guar...

September 25, 2023 7:35 PM September 25, 2023 7:35 PM

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Govt extends time period for stock limits of tur and urad to 31st December

The Government has extended the time period for existing stock limits under the Essential Commodities Act, 1955 in respect of Tur and Urad from the 30th of October to the 31st of December. The Centre has also revised the stock holding limits for certain stockholding entities. The revision in stock l...

September 23, 2023 9:11 PM September 23, 2023 9:11 PM

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US stocks ends marginally lower yesterday

In volatile trade, US stocks ended marginally lower yesterday. The major stocks fell amid a stormy week during which benchmark Treasury yields hit 16-year highs and investors digested the Federal Reserve's hawkish outlook revisions.   The Nasdaq Composite index slipped 0.1 percent, the S&a...

September 23, 2023 7:31 PM September 23, 2023 7:31 PM

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Foreign investors pump around 1.5 lakh crore rupees into the Indian capital markets

Foreign investors have pumped around 1.5 lakh crore rupees into the Indian capital markets this year so far even as the Foreign Portfolio investors (FPIs) pulled more than 10 thousand crore rupees from the market this month so far amid concern about interest rate hikes by global central banks. ...

September 22, 2023 4:30 PM September 22, 2023 4:30 PM

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Centre sells 18.09 Lakh MT of wheat under Open Market Sale Scheme (Domestic)

Centre has sold 18.09 Lakh Metric Tonnes of wheat in 13 e-auctions under Open Market Sale Scheme (Domestic). Food Corporation of India, FCI, is offering wheat under Open Market Sale Scheme (Domestic) through weekly e-auction at the reserve price of 2125 rupees per quintal which is at par with the cu...

September 22, 2023 1:45 PM September 22, 2023 1:45 PM

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JP Morgan Chase and Company to add Indian government bonds to market bond index

JP Morgan Chase and Company (JPM) has confirmed that it will add Indian government bonds to its benchmark emerging markets bond index starting from 28th June 2024. It is a significant move that will encourage more foreign investment in the domestic debt market. JPM said that 23 Indian Government Bon...

September 22, 2023 7:44 AM September 22, 2023 7:44 AM

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RBI proposes changes in instructions dealing wilful defaulters

Reserve Bank of India has proposed changes in the instructions dealing wilful defaulters. In a press release, the RBI said, wilful defaulters must be defined as someone who has an outstanding amount of 25 lakh rupees and above and those who refuse to repay their loans despite having the capacity to ...

September 21, 2023 6:15 PM September 21, 2023 6:15 PM

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Asian stocks ended in 'RED' as South Korea's Kospi indices slumped 1.7 percent

Asian stocks ended in RED as South Korea's Kospi indices slumped 1.7 percent, Japan's Nikkei-225 declined 1.3 percent, Hong Kong's Hang Seng index and Singapore's Straits Times both fell 1.2 percent,  and China's Shanghai Composite index slipped 0.7 percent.  &nbsp...

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