Demonetisation: RBI infused into system only 5.92 lakh crore till Dec 19
Uploading Date : 22-12-2016The Reserve Bank of India on Wednesday said banks had issued currency worth over Rs 5.92 lakh crore to the public since the demonetisation of old high-value notes last month. The central bank also said that it had issued 2.2 billion pieces of notes of new Rs 500 and Rs 2,000 during the November 10 to December 19 period............
See full article
Coffee Day Enterprises, Jubilant FoodWorks, Just Dial hit 52-week lows
Uploading Date : 21-12-2016Coffee Day Enterprises, Jubilant FoodWorks, Just Dial and Network18 Media & Investments from the BSE500 index have hit their respective 52-week lows on the BSE on Wednesday in intra-day trade.......
See full article
Sensex trades higher, Nifty hovers around 8,100 on positive global cues
Uploading Date : 21-12-2016The benchmark indices were trading in a range in Wednesday's session as Asian markets rallied after US dollar rose to its highest level in 14 years as the outlook about US economy improved with Federal Reserve intent on adopting higher pace of rate hikes in 2017...........
See full article
Kolkata witnessing rise in demand for warehouses
Uploading Date : 20-12-2016Demand for warehouse space witnessed rise in Kolkata in the last two years as manufacturing and consumption majors like Shoppers StopBSE 1.53 %, Manyavar, Philips, Linc acquired close to 10 lakh sq ft land for warehouses in the city..........
See full article
To break deadlock between ministries, govt to tweak M-SIPS norms
Uploading Date : 20-12-2016The government has decided to take some sheen off its programme to boost electronics manufacturing by capping the total incentives under the scheme and reducing its implementation period to three years, to break a deadlock between the ministries of IT and finance.......
See full article
BPCL, HPCL, IOCL shares surge up to 3% on petrol, diesel price hike
Uploading Date : 19-12-2016Shares of oil marketing companies Bharat Petroleum Corporation LtdBSE 1.51 % (BPCL), Hindustan Petroleum Corporation LtdBSE 0.65 % (HPCL) and IndianOil (IOC) advanced up to 3 per cent in early trade on Monday after they had increased petrol and diesel prices by Rs 2.21 a litre and Rs 1.79 per litre on Friday..........
See full article
Metal, oil & gas sectors see sharpest rally in seven years in CY16
Uploading Date : 19-12-2016Oil & gas and metal sectors are set to post their biggest yearly gain since 2009, when they had rallied 73% and 234% respectively. Thus far in 2016, both indices have gained 41% and 24% respectively, as compared to a 1.43% rise in the benchmark - the S&P BSE Sensex till Friday..........
See full article
Forex reserves down by $887.2 million to $362.987 billion
Uploading Date : 17-12-2016India's foreign exchange reserves declined by $887.2 million to $362.987 billion in the week to December 9 due to fall in foreign currency assets, the Reserve Bank said today. In the previous week, the reserves had declined by $1.431 billion to $363.874 billion.......
See full article