National,Business,Economy,Market

New Delhi, Feb 8 (IANS) BSE Sensex tanked more than 600 points after RBI announcement of credit policy with banks leading the fall.Sensex was trading at 71,523.08 points down by a massive 628.92 points or 0.87 per cent.Axis Bank, ICICI…

New Delhi, Feb 7 (IANS) India has started exporting bananas to Russia and the export volumes are planned to be increased in the future as, media reports said. Russia was earlier importing bananas from Ecuador in large quantities but has…

Chennai, Feb 5 (IANS) Completing internal rejig, migrating to a new information technology (IT) platform and focusing on the affordable housing segment, LIC Housing Finance Ltd hopes to increase its loan book size by 15 per cent next…

New Delhi, Feb 3 (IANS) The 7th session of the Codex Committee on Spices and Culinary Herbs (CCSCH) held at Kochi has finalised the quality standards for 5 spices, namely small cardamom, turmeric, juniper berry, allpice and star anise, the…

Chennai, Feb 2 (IANS) The budget session of the Tamil Nadu assembly will commence from February 12 with the customary address of Tamil Nadu Governor while the budget will be presented on February 19. The budget for the financial year…

New Delhi, Feb 2 (IANS) BSE Sensex jumped more than 700 points to cross the 72k mark on Friday, a day after the presentation of the Interim Budget 2024-25. Sensex was trading at 72,422.09 points, up 776.79 points or 1.08 per cent.Powergrid…

Mumbai, Jan 27 (IANS) Private sector lender Yes Bank on Saturday reported an over 4-fold jump in net profit to Rs 231.6 crore for the Oct-Dec quarter of the current financial year. The bank had posted a net profit of Rs 51.5 crore in the…

New Delhi, Jan 26 (IANS) In conjunction with the state visit of the French President Emmanuel Macron to India, Akasa Air and France origin company, CFM International on Friday announced an agreement to purchase CFM LEAP-1B engines to power…

New Delhi, Jan 24 (IANS) India's business activity surged to a four-month high in January with both manufacturing and services recording a robust growth, according to a private sector survey released on Wednesday. HSBC's flash India…

Mumbai, Jan 20 (IANS) IDFC First Bank on Saturday reported an 18 per cent increase in net profit to Rs 716 crore for the October-December quarter of the current financial year. The bank had posted a net profit of Rs 605 crore in the same…

New Delhi, Jan 20 (IANS) The Ministry of Steel has suspended V.S. Chakravarthy, Director (Commercial), SAIL and A.K. Tulsiani, Director (Finance) of public sector steel giant SAIL with immediate effect. “Complying with the instructions…

Mumbai, Jan 20 (IANS) Indian Renewable Energy Development Agency Ltd (IREDA) on Saturday reported an of 67.15 per cent year-on-year increase in its net profit at Rs 335.54 crore for the October-December of the current financial year. The…

New Delhi, Jan 19 (IANS) Reserve Bank of India (RBI) on Friday said that the money markets will remain closed on January 22. RBI said that as the Maharashtra government has declared January 22 as a public holiday under Section 25 of the…

New Delhi, Jan 19 (IANS) Minister for Power and New & Renewable Energy R. K. Singh said on Friday that India is adding renewable energy capacity at a pace that is one of the fastest in the world and is likely to increase its power…

Mumbai, Jan 16 (IANS) The Reserve Bank of India (RBI) on Tuesday recommended that state governments should consider fixing a ceiling for incremental guarantees that they issue during a year at 5 per cent of Revenue Receipts or 0.5 per cent…

New Delhi, Jan 16 (IANS) India's trade deficit may turn volatile in the coming months given the supply-side disruptions in the Red Sea due to the attacks on commercial ships by Houthi rebels in retaliation to Israel’s action in Gaza,…

New Delhi, Jan 16 (IANS) Head of Research, Geojit Financial Services, Vinod Nair on Tuesday said that the investors are contemplating whether the current euphoria in markets is far-fetched, especially with elevated domestic valuations in…

New Delhi, Jan 15 (IANS) Founder and CEO SAS Online Shrey Jain on Monday said that the week has begun on a positive note as Sensex achieved a historic milestone -- surpassing 73,000 for the first time -- while Nifty has crossed 22,000 mark.…