Business

SBI chairman Rajnish Kumar had indicated in January this year that 'some solutions will emerge' to steady Yes Bank, which has been on a prolonged quest to raise new capital.

Globally, financial markets have been experiencing considerable volatility, with the spread of coronavirus, triggering risk-off sentiments and flights to safe haven, RBI said.

The fertiliser sector is not expected to witness any major impact on the global front as production in China remains low during January every year following Chinese New Year holidays, the report stated.

Minister of State for Finance Anurag Thakur said that as many as 3,75,306 income tax appeals were pending before judicial fora, including high courts and the Supreme Court, in 2014-15. Such appeals increased to 4,78,801 in 2018-19.

The proposed legislation will help prevent a repeat of Punjab and Maharashtra Cooperative Bank-like crisis, sources said.

Following the downtrend spiral in the broader market, the top ten firms witnessed significant erosion in their market capitalisation, traders said. Among other blue-chip firms, the m-cap of Hindustan Unilever plunged Rs 15,792.31 crore to Rs 4,70,824.97 c...

Regular candidates appearing for class 11 of Jammu division can visit the official website of the JKBOSE at jkbose.ac.in.

The demand to raise call and internet rates from Vodafone Idea comes within three months of company raising prices by up to 50 per cent.

RITES has also reserved a total of 50 lakh shares for retail investors, which includes 25 lakh shares from the base offer and another 25 lakh shares in case the oversubscription option is exercised.

Ahead of his trip, negotiators from the two countries tried to close differences on tariffs, price controls on medical devices and access to dairy and poultry markets.

Credit investments are also a fast-emerging asset class for PE/VC as investors cherry picked stressed opportunities thrown up by companies that need support to prevent going into National Company Law Tribunal (NCLT).

After its unsuccessful bid to sell Air India in 2018, the government this time has decided to offload its entire stake. In 2018, the government had offered to sell its 76 per cent stake in the airline.

Tata Steel was the top loser in the Sensex pack, cracking over 4 per cent, followed by HDFC, ITC, ICICI Bank, Maruti, Hero MotoCorp, NTPC and PowerGrid.

Forex traders said investor sentiments remained fragile amid coronavirus fears and sustained foreign fund outflows.

China on Thursday has announced that it would cut interest rates to boost the economy that was hit due to the outbreak of coronavirus.

However, the report added that the quantum is lower than the 9.3% increase seen in 2019 and us also the lowest in a decade.