Even as the government is mulling increasing the insurance cover for bank deposits, the All India Bank Employees' Association (AIBEA) has demanded scrapping of such insurance cover for public sector bank deposits. In a letter to Finance Minister Nirmala Sitharaman on Monday, the General ...
World's largest oil company Aramco is yet to make up its mind to participate in disinvestment of Indian fuel refiner and retailer Bharat Petroleum Corporation Ltd (BPCL) where government intends to sell its entire 53.29 per cent stake to a strategic investor....
The San Francisco-based Pacific Gas and Electric Company (PG&E) has said that strong winds could lead to another power outage in Northern California this week....
In order to send a message to companies in the US to bring back manufacturing home and create more jobs, US President Donald Trump will visit Apple's Mac Pro plant in Texas on Wednesday, The White House has confirmed. As part of its commitment to US economic growth, Apple in September confirmed...
The upward trend in petrol rates continued on the fifth consecutive day on Monday, while the diesel prices remained constant for the sixth day in continuation. The prices have been affected by the rise in the crude oil rates in the international market. Though on Monday, the petrol rates in the international ...
Vodafone-Idea (VIL) on Monday advanced nearly 18 per cent on the NSE over investors renewed interest in telecom stocks over a possible government-led revival. Bharti Airtel also surged by 3.5 per cent. This comes after Finance Minister Nirmala Sitharaman on Friday stated that the ...
The People's Bank of China (PBOC) on Monday reduced the interest rates on repurchase agreements, or repos - one of its main short-term liquidity tool - for the first time in more than four years. Through this instrument, under which securities are sold under an agreement ...
The mobile industry has urged Government to help the telcos restructure their debts with a two-year moratorium, lower interest and longer repayment time to help them come out of the financial crisis which has been aggravated by the AGR order of the Supreme Court. ...
The benchmark Sensex advanced by 135 points during the early trade on Monday led by PSU bank stocks. It opened higher at 40,431.08,from its Friday's close of 40,356.69. The Nifty also added 35.80 pts to trade at 11,931.25....
Domestic stock markets continued its ups and downs this week, albeit Sensex closed with a slight gain. However, Nifty remained below last week's closing. The softening in Wholesale Price Index (WPI) has raised the possibility that the Reserve Bank of India (RBI) may cut key interest rates further, leading to ...
