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Current account deficit narrows sharply to USD 1.4 bn in Dec quarter

The country’s current account deficit (CAD) narrowed sharply to USD 1.4 billion, or 0.2 per cent of GDP, for the December 2019 quarter, the...

Parliament passes Insolvency & Bankruptcy Code Bill

The Insolvency and Bankruptcy Code (Amendment) Bill, 2020 was passed by voice vote in the Rajya Sabha on Thursday. It was passed in Lok...

Monthly balance maintenance waived off on 44.51 crore SBI savings bank accounts

State Bank of India (SBI) announced on Thursday that it has decided to waive maintenance of Average Monthly Balance (AMB) for all savings accounts....

ICAI to review financial statements of Yes Bank for FY18, FY19

The Financial Reporting Review Board (FRRB) of the Institute of Chartered Accountants of India (ICAI) has decided to take up a review of general-purpose...

Sensex, Nifty start on a choppy note

Equity benchmarks Sensex and Nifty opened on a choppy note on Wednesday tracking persistent foreign fund outflow and tepid cues from global markets as...

Rupee recovers 24 paise against US dollar in early deals The rupee recovered by 24 paise to 72.95 against the US dollar in early trade...

Sensex rallies over 500 pts; Nifty tests 11,300

Market benchmark Sensex surged over 500 points in opening session on Tuesday tracking firm gains in global stocks amid hopes that policymakers across the...

Auto sales remain subdued ahead of transition to BS-VI emission standards

The automobile industry continued to face low demand last month as passenger vehicle sales declined while manufacturers geared up for a transition to BS-VI...