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RBI lowers 2019-20 GDP growth forecast to 7.2 per cent

RBI lowers 2019-20 GDP growth forecast to 7.2 per cent

RBI has lowered its GDP growth forecast from 7.4% to 7.2% for the current fiscal (2019-20)


Ahead of elections, Sensex touches record high

Ahead of elections, Sensex touches record high

Sensex of BSE, which opened at 38,858.88 points, ended the day’s trade at 38,871.87 points, higher 198.96 points


IFFCO Tokio launches policy to protect bank lockers

IFFCO Tokio launches policy to protect bank lockers

IFFCO Tokio General Insurance Company on Thursday announced the launch of Bank Locker Protector Policy.


Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Retirement Fund

Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Retirement Fund

The fund has a lock-in period of minimum five years or till retirement age, whichever is earlier.


India’s 2018 gold demand dipped 1%; 2019 expected between 750-850 tonnes: World Gold Council

India’s 2018 gold demand dipped 1%; 2019 expected between 750-850 tonnes: World Gold Council

Total jewellery demand in India for 2018 was also down by 1% at 598 tonnes as compared to 601.9 tonnes in 2017.


Non-Metros Outpace Metros In Individual Credit Demand: Bankbazaar Report

Non-Metros Outpace Metros In Individual Credit Demand: Bankbazaar Report

The average personal loan ticket size in non-metros is Rs 2.80 lakh, while it is only Rs 2.55 lakh in metros.


ICRA Places 6 MF Schemes Under Watch With Negative Implications Segment

ICRA Places 6 MF Schemes Under Watch With Negative Implications Segment

Credit rating agency, ICRA, has placed six mutual funds (MF) under watch with negative implications.


Digital Focus Will Help in Better Tax Compliance: Helen Brand, ACCA

Digital Focus Will Help in Better Tax Compliance: Helen Brand, ACCA

If everything is digitised then tax compliance is better & tax collection also goes up,” said Brand in an interview


PNB Housing Finance raises $265 mn fresh ECB

PNB Housing Finance raises $265 mn fresh ECB

PNB Housing Finance has raised $265 million (Rs 1,853 crore) through fresh external commercial borrowing.


FICCI appoints Sandip Somany as its new President

FICCI appoints Sandip Somany as its new President

Ficci has elected Sandip Somany, Vice Chairperson and Managing Director, HSIL Limited as its President for 2018-19


Challenges in Indian NBFI sector to weigh on country's growth prospects: Moody’s

Challenges in Indian NBFI sector to weigh on country's growth prospects: Moody’s

Indian NBFI sector will pose significant downside risks to India's overall growth outlook


Patel’s Resignation Highlights Risks to RBI’s Policy Priorities: Fitch

Patel’s Resignation Highlights Risks to RBI’s Policy Priorities: Fitch

The resignation of RBI governor Urjit Patel follows a period of pressure on the central bank


Fitch affirms PNB’s IDR at BBB-; removes VR from rating watch negative

Fitch affirms PNB’s IDR at BBB-; removes VR from rating watch negative

India-based Punjab National Bank's long-term Issuer Default Rating at 'BBB' and its Viability Rating (VR) at 'b'.


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