Category: Business
No Credit Quality Concerns With Adani Group Firms: SBI Official
The bank does not have any pledged shares from Adani Group companies. the official said.(File) India’s largest lender has not felt any credit quality concerns…
Overall Exposure To Adani Group At Rs 27,000 Crore: SBI Chairman
SBI chairman said there has not been any refinance request. (File) Mumbai: The country’s largest lender SBI on Friday said its overall exposure to the…
Foreign Exchange Reserves Rise To 6-Month High Of $576.7 Billion
The RBI has intervened to buy dollars as the rupee stabilised, according to forex market participants. Mumbai: India’s foreign exchange reserves rose above a six-month…
Dearness Allowance Likely To Be Hiked To 42%, 1 Crore Employees, Pensioners To Benefit
The allowance is revised periodically twice a year. (Representational) New Delhi: The central government is likely to increase dearness allowance (DA) for its over one…
How India Earns Each Rupee And Where It Goes
For every rupee the government spends, 20 paise goes into repayment of debt, liabilities. New Delhi: For every rupee that the Government of India earns,…
No Concern With Adani Group’s Asset Quality: Bank of Baroda Chief
The CEO of the bank said there is “absolutely no concern” from an asset quality perspective. (File) Mumbai: Public sector lender Bank of Baroda on…
LIC Investors, Customers Need Not Worry Amid Adani Group Stocks Concerns: Official
An official said LIC should not be concerned about its exposure to Adani group (Reuters) New Delhi: Shareholders and customers of state-run Life Insurance Corp…
Foreign Portfolio Investors In India To Pay Higher Tax On Debt Securities: Report
New Delhi: Foreign portfolio investors will lose a preferential tax rate on interest from Indian government securities and corporate and foreign currency bonds, a senior…
Pakistan Oil Industry’s SOS Ahead Of IMF Meet
The IMF has set several conditions for resuming the bailout. Islamabad: Oil companies in cash-strapped Pakistan have warned that the industry is on the “brink…
Unusual Price Movement In Stocks Of Business Conglomerate, Says SEBI Amid Adani Stocks Rout
SEBI has given a statement on market volatility Mumbai/New Delhi: The capital markets regulator Securities and Exchange Board of India (SEBI) said it has observed…
