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FINANCE AND MARKETS

Modi govt waives off Rs 660 crore interest on short-term crop loans to farmers

The Union Cabinet on Tuesday gave a go ahead to the approval to waive off interest on short-term crop loans from Cooperative Banks to farmers for the months of November-December 2016.

News Nation Bureau | May 15, 2017 07:06 PM

SBI to levy Rs 25 on every cash withdrawal from mobile wallet via ATMs; denies charge hike on regular transactions

State Bank of India, the largest lender, will introduce new facility that would allow withdrawal of cash through ATMs using the bank’s mobile wallet. However, the bank will charge Rs 25 on every...

PTI | May 11, 2017 07:18 PM

Sensex zooms 264 points to scale all-time high of 30,197, Nifty nears 9400-mark spurred by normal monsoon forecast

Markets scaled to record highs in late morning trade on Wednesday on widespread buying spurred by forecast of a normal monsoon amid positive global cues.

News Nation Bureau | May 10, 2017 11:45 AM

SBI cuts interest rate to 8.35% for home loan under Rs 30 lakh, reduces it by 0.10% for home loan above Rs 30 lakh

India’s largest lender State Bank of India on Monday announced a steep reduction of 25 basis points in affordable housing loans to 8.35 per cent for new borrowers.

PTI | May 08, 2017 03:16 PM

Sensex surges 78 points, Nifty reclaims 9,300 mark in early trade amid positive cues from Asian Markets

Sensex surged over 78 points and the NSE Nifty reclaimed the 9,300-mark in early trade on Monday on the back of widespread gains following a firm trend in Asia.

News Nation Bureau | May 08, 2017 10:54 AM

India's maritime infrastructure receives $1 billion investment from DP World

"We are very excited about the opportunities in India. We are not constrained for capital given the right commercial and economic dynamics," says CEO Sultan Ahmed Bin Sulayem.

News Nation Bureau | May 04, 2017 11:56 PM

Nifty rallies to record closing high of 9359.9, Sensex reclaims 30,000-mark amid positive market sentiment post banking, infra reforms

National Stock Exchange (NSE) benchmark indice Nifty surged to a record close of 9,359.90 while the BSE Sensex reclaimed the 30,000-mark on Thursday

News Nation Bureau | May 04, 2017 06:58 PM

Gold prices tumble Rs 200 to Rs 29150, Silver slumps below 40,000-mark amid weak demand from local jewellers

Gold declined for the third straight session with prices tumbling by Rs 200 to Rs 29,150 per 10 grams at the bullion market on Wednesday on weak global cues and slump in demand from local jewellers.

News Nation Bureau | May 03, 2017 04:34 PM

Not filled FATCA compliance! your bank account could be frozen

If you are a bank account holder and invested in Mutual funds or in any insurance scheme, you may be in trouble as your bank account could be frozen.

News Nation Bureau | May 01, 2017 06:34 PM

Sensex drops below 30,000-mark as May derivatives series began on sluggish note

The benchmark Sensex dropped below 30,000-mark by falling over 82 points to 29,947.53 in early trade on Friday as the May derivatives series began on a sluggish note, tracking a weak trend in global...

PTI | Apr 28, 2017 10:35 AM

Celebrations at BSE as Sensex ends above 30,000 mark

As the market barometer Sensex closed above the 30,000-mark for the first time on Wednesday, a 30 Kilogram cake was cut at Bombay Stock Exchange (BSE) in celebration.

PTI | Apr 26, 2017 09:01 PM

Sensex surges above 30000-mark, Nifty maintains 9300-level amid aggresive buying by foreign funds

The BSE Sensex soared above the 30,000-level while the NSE Nifty traded above the 9300-mark in the morning session due to aggressive buying by foreign funds.

PTI | Apr 26, 2017 12:22 PM

Reliance Industries Q4 results: Higher margins in petrochem, refining

Reliance Industries on Monday reported a record fourth-quarter net profit of Rs 8,046 crore, buoyed by higher earnings from its petrochemicals business and an 8-year high refining margin.

PTI | Apr 24, 2017 06:55 PM

Gold prices plunge below Rs 30000-mark amid weak overseas market cues, muted demand from local jewellers

Gold prices on Monday plunged below the Rs 30,000 mark, tumbling by Rs 350 to Rs 29,650 per 10 grams at the bullion market, tracking a weak trend overseas amid fall in demand from local jewellers.

News Nation Bureau | Apr 24, 2017 04:26 PM

Ram Vilas Paswan ministry favours increase of tur dal import duty to 25%

Ram Vilas Paswan ministry is in favour of increasing import duty on tur dal from 10 per cent to 25 per cent in the interest of farmers, said the Food and Consumer minister on Monday.

PTI | Apr 24, 2017 03:22 PM