The parliamentary standing committee on finance headed by Jayant Sinha met the officials of the Securities and Exchange Board of India on Monday amidst disapprovals in the regulator’s handling of the Franklin Templeton debt default and...
Recruiting new-fangled employees can be both laborious and overpriced for businesses. Not only most of the businesses give extra efforts to hold on to as many hard-working employees as possible, they also must take good recruiting decisions to...
ICICI Lombard General Insurance Company has confirmed sectoral regulator Irdai has given its final approval for the demerger of the general insurance business of Bharti AXA General Insurance to itself by way of a scheme of arrangement. ...
Foreign portfolio investors (FPIs) were the net buyers to the tune of Rs 16,459 crore in the domestic markets in the month of August, with majority of investment coming in the debt segment. In equities, they invested just Rs 2,082.94 crore while...
With a pick up in economic activity and the consequent rise in imports, India is expected to quickly turn from a position of current account surplus in FY21 to that of current account deficit (CAD) in FY22. As per an assessment by Kotak...
The BSE Sensex reached the 58,000 mark for the first time in its history on Friday. It has struck a record high of 58,115.69 points. Rise in the global markets lifted the Indian indices, analysts commented. Healthy purchasing was...
Anil Agarwal-led Vedanta Limited on Wednesday said that their board has approved an interim dividend of Rs 18.50 per share for FY22, amounting to Rs 6,877 crore. This is the company’s first dividend for the current fiscal with the record...
The International Monetary Fund (IMF) has made an allocation of the special drawing rights (SDR) 12.57 billion (equivalent to around $17.86 billion at the latest exchange rate) to India. The total SDR holdings of India now stand at SDR 13.66...
The key Indian equity indices traded in the green ahead of the weekly futures & options (F&O) expiry later in the day. Healthy buying was witnessed in FMCG and capital goods stocks, while IT and auto stocks were under pressure....
Most financial experts advise their clients against using their credit cards; this is not without good reasons. A lot of persons often use their credit cards carelessly and irresponsibly that they often end up neck-deep in debt. But, if you...
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