Sebi forms Building Advisory Committee to advise on premises related matters
Capital markets regulator Sebi has formed a Building Advisory Committee, which will advise and assist it in all the premises related matters such as planning, acquisition and furnishing. The seven-member committee will be headed by B K Katyal, former Chief General Manager at Reserve Bank of India (RBI), a latest update...
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Contactless cards account for 16% of face-to-face transactions in Dec 2021: Visa
17 June 2022 | PTI -
Rupee recovers from record low, spurts 12 paise to 78.10 per US dollar
17 June 2022 | PTI -
GST Council to meet on June 28-29 in Srinagar
17 June 2022 | PTI -
‘Banks should undertake stress testing of loan books’
17 June 2022 | PTI -
Markets go into tailspin after Fed reserve rate hike
17 June 2022 | PTI -
Indians' funds in Swiss banks jump 50 pc to over Rs 30k cr on surge in securities, institutional holdings; customer deposits up too
16 June 2022 | PTI -
Qatar Airways posts record $1.5B profits ahead of World Cup
16 June 2022 | AP
NFTs, crypto are '100% based on greater fool theory': Bill Gates
Tech billionaire Bill Gates has said that he holds no position in cryptocurrencies or non-fungible tokens (NFTs), as they are "100 per cent based on greater fool theory". The theory is a financial concept that even overpriced assets can make money as long as you find a bigger idiot to sell...
Markets bounce back after 4-day decline; Sensex jumps over 600 points in early trade
Benchmark indices rebounded on Thursday after a four-day decline, with the Sensex rallying over 600 points in early trade, tracking firm global trends and buying in index major Reliance Industries. The BSE benchmark was trading with a jump of 601.11 points at 53,142.50. The Nifty rallied 171 points to 15,863.15. From the...
India jumps to 37th rank on World Competitiveness Index
India has witnessed the sharpest rise among the Asian economies, with a six-position jump from 43rd to 37th rank on the annual World Competitiveness Index compiled by the Institute for Management Development, largely due to gains in economic performance. Denmark has moved to the top of the 63-nation list from the...
JSW Steel crude steel production jumps 31% to 17.89 L tonnes in May
JSW Steel crude steel production in May on a standalone basis jumped 31 per cent to 17.89 lakh tonnes, the company said on Wednesday. The crude steel output in May of FY’21 was 13.67 lakh tonnes. The flagship company of the USD 22 billion JSW Group stated that production of flat-rolled...
LIC of India introduces Dhan Sanchay plan
Life Insurance Corporation of India introduced a new plan Dhan Sanchay with effect from 14.06.2022 which is Non Linked, Non-participating, Individual, Savings Life Insurance Plan which offers a combination of protection and savings. It provides Guaranteed income Benefit during the Payout Period from the date of Maturity, and Guaranteed Terminal...
Gold marginally higher; silver climbs Rs 304
Gold prices in the national capital rose by Rs 3 to Rs 50,304 per 10 grams in line with a jump in international precious metal prices, according to HDFC Securities. In the previous trade, the yellow metal settled at Rs 50,301 per 10 grams. Silver also gained Rs 304 to Rs 60,016...
Govt looks for new Nabard chairman
The Government is looking to hire a new chairman of National Bank for Agriculture and Rural Development (Nabard) to replace GR Chintala, who will be demitting office on August 1. Chintala was appointed as the Nabard Chairman in May 2020. Even those working in private sector banks and financial institutions and...
