Sensex, Nifty50 at new peaks; extend bull run for 3-weeks
Dec 23 : The key Indian equity indices rode the bulls for the third consecutive week and scaled new peaks ahead of the extended Christmas weekend as sentiments were boosted by the Gujarat election results, along with global cues and infusion of funds by domestic institutional investors (DIIs). In another development, the week ended on […]
RBI brings Bank of India under corrective action
December 20, 2017 The RBI has initiated a ‘prompt corrective action’ against Bank of India for mounting bad loans, placing various restrictions on it including issuing of fresh loans and dividend distribution, BoI said on Wednesday. In a filing to stock exchanges, BoI said Reserve Bank of India has placed it under Prompt Corrective Action […]
JK Bank organizes Preventive Health Check Up Camp for employees at Jammu
Jammu, :. Parvez Ahmed, Chairman and CEO, J&K Bank today launched comprehensive preventive Health Check up campaign for its employees in Jammu in association with its General Insurance partner Bajaj Allianz General Insurance Company under latter’s nationwide campaign “Dil ko Dhadakne Do”. The campaign was launched in presence of Chief Distribution Officer Bajaj Allianz, Mr.T.A. […]
Equity indices surge as BJP set to win, Sensex up 300 points
18 December 2017 The BSE Sensex surged by over 300 points during the mid-afternoon trade session on Monday after counting trends indicated a victory for the BJP in both Gujarat and Himachal Pradesh Assembly elections. Both the key Indian equity indices traded higher by almost one per cent, cheered by the certainty that the ruling […]
GST Council Clears E-Way Bill Mechanism For Movement Of Goods
December 16, 2017 New Delhi: The all-powerful GST Council has approved mandatory compliance of e-way bill for intra-state movement of goods from June 1, 2018, sources said. The Council has fixed February 1 as the compliance date for inter-state movement of goods, sources in the panel added. The e-way bill facility bill be available for […]
Sensex jumps 216 points after exit polls give BJP an edge
December 15, 2017 Exit polls showing the BJP winning Gujarat and Himachal Pradesh assembly elections gave a fresh push to domestic markets on Friday, with the benchmark Sensex climbing over 216 points, up for the second session. Key indices Sensex and Nifty started the day on a strong footing after the exit polls predicted a […]
Sensex leaps to biggest single-day gain in a month
December 07, 2017 Benchmark Sensex rebounded by over 352 points to close at 32,949.21 today as investors piled into recently beaten down bank, auto and metal counters. The broader Nifty too ended above the key 10,100-level. The 30-share Sensex stayed in the green throughout and hit the day’s high of 32,992.45 following all-round buying. It […]
RBI keeps repo rate unchanged at 6%
December 06, 2017 Just in: The Reserve Bank of India keeps policy repo rate under liquidity adjustment facility (LAF) unchanged at 6.0 per cent. Consequently, reverse repo rate under the LAF remains at 5.75 per cent and marginal standing facility rate and the bank rate at 6.25 per cent. Repo rate is the rate at […]
Oil prices fall ahead of U.S. crude stocks data
SEOUL – Oil prices fell on Tuesday ahead of U.S. crude inventories data, as the market weighed the impact of rising U.S. crude output versus last week’s deal between OPEC and other crude producers to extend output curbs. International benchmark Brent crude futures were trading down 25 cents, or 0.4 percent, at $62.20 per barrel […]
HDFC Bank’s ‘Blood Donation Drive’ on Friday, Dec8
Srinagar,: HDFC Bank Ltd., will hold its nationwide Blood Donation Drive on December 8. People between the age group 18-65 can walk-in to any of the over 2,000 Blood Donation Camps in 950+ cities to donate blood. To find the location of the camp nearest to you, please visit HDFC Bank website. Here’s some information about the […]
