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Credit interest rate on saving a/c every quarter: RBI to banks
Mumbai: Reserve Bank has asked banks to pay interest on savings banks account on quarterly basis or shorter duration, a move which will benefit crores of savings account holders.
At present, the interest is credited in savings bank account…
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Sensex down 61 points even as inflation at 3-month low
Mumbai: The benchmark BSE Sensex fell about 61 points in early trade on profit-booking by investors in recent gainers, even as retail inflation fell to a three-month low in February.
The 30-share barometer, which gained 180.94 points in…
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Sensex zooms 232 pts in early trade on positive global cues
Mumbai: Market benchmark Sensex surged over 232 points to 24,950.31 in early trade today on widespread gains as investors widened their bets amid a firming trend in other Asian markets.
However, caution prevailed in view of muted factory…
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Sensex firms up 71 points on Asian cues
Mumbai: A heightened pace of buying led to more gains as the benchmark Sensex ticked up 71 points tracking a recovery in Asian markets and on the back of a rally in realty and oil and gas stocks after the government pressed the pedal on its…
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Sensex slips 72 pts as profit-booking weighs
Mumbai: The benchmark Sensex fell almost 72 points in early trade today as investors booked profits in recent gainers amid mixed Asian cues.
The 30-share barometer declined 71.69 points, or 0.28 per cent, to 24,722.27, with sectoral…
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RBI sets rupee reference rate at 67.4632 against US dollar
Mumbai: The Reserve Bank of India today fixed the reference rate of the rupee at 67.4632 against the US dollar and 74.0611 for the euro.
These rates were 67.3380 and 74.1930, respectively, yesterday.
According to an RBI statement, the…
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Sensex slips 188 points, profit-booking takes a toll
Mumbai: The benchmark BSE Sensex fell by over 188 points in early trade on Wednesday due to profit-booking by investors after recent gains amid a lacklustre trade in Asia.
The 30-share barometer fell 188.30 points, or 0.76 per cent, to…
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NSE to auction investments worth Rs 4,681-cr in govt debt
New Delhi: Leading bourse National Stock Exchange (NSE) will tomorrow auction investment limits for overseas investors for purchase of government debt securities worth Rs 4,681 crore.
The auction will be conducted on NSE's ebid platform…
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Sensex zooms post Budget, gains nearly 1500 points
Mumbai: Stocks: The week saw the domestic market backing Finance Minister Arun Jaitley's Union Budget as the benchmark Sensex rallied by 1,492.18 points and the broader Nifty by 455.60 points, their biggest weekly gain since four years.…
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Sensex adds to gains on funds inflows, Nifty hits 7,500
Mumbai: Rallying for the fourth consecutive session, the benchmark BSE Sensex jumped over 112 points and the NSE Nifty regained the 7,500-mark in early trade today on widespread gains amid a firming trend at other Asian bourses.
The…
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