RBI on Monday conducted an unprecedented level of liquidity infusion to the tune of Rs 3.3 lakh crore, in which banks bid for as much as Rs 4.5 lakh crore. The central bank said it would conduct a liquidity infusion auction of Rs 1 lakh crore on Tuesday as well, to help banks tide over the liquidity crisis.
Though it is likely gross domestic capital formation increased in the quarter ended June, against declines in the previous two quarters, a significant revival in investment might take a few quarters more, economists say.
Had you invested Rs 5,000 every month in SBI Magnum Multicap Fund through systematic investment plan (SIP) for the last 5 years, the value of your investment would be over Rs 5.2 lakh as on August 22, 2016
Jaitley said govt would achieve 4.1% fiscal deficit target in FY15.
HDFC twins, Axis Bank, ICICI Bank and SBI from the financial space gained between 1-2.7%.
IDS-2 and raids to uncover black money stash keep receipts flowing
Investors remain cautious ahead of F&O expiry.
HFCs and banks expect a drop in demand for housing loans in the short-term.
'EPFO's investments this financial year should be Rs 1 lakh crore'
Shares of ING Vysya Bank and Kotak Mahindra Bank rallied by up to 6% on the BSE on reports that Kotak Mahindra Bank in final stages to buy the bank.
From 17 pre-school centres to 285 in less than five years - Hippocampus has brought the joy of learning to kids.
Nano remains a cautionary tale of misplaced ambitions and a drag on profit.
They are suitable for a 3-5 year horizon. Choose equity funds for longer than 5 years
Railway Budget has not discriminated against any state.
Exports had risen over 11 per cent in July, year-on-year.
Some experts, however, see a silver lining in the fall and said the volatility has come down sharply and that bodes well for the Indian currency
In 2012-13, the Centre managed to cut fiscal deficit to 4.9% of GDP, lower than the Budget revised estimates of 5.2%
In the December quarter, Sensex earnings had contracted 5 per cent.
Decades of a state-owned monopoly selling coal at a fixed price has taken its toll on production.
Real estate veteran Saket Mohta gives the the most comprehensive 11-point checklist
Many see Nirma's Lafarge deal as some kind of second coming for the Patels.
SBI had a tough journey in the last 40 years.
It is pegged at 6.8-8% by various economists, as compared to 6.7%.
Union Budget had projected the fiscal deficit at Rs 5.56 lakh crore.
Modi government needs to focus more.
Some 230 kilometres from Kolkata, in West Bengal's Birbhum district, 500 children stand out because of their 'unconventional' education, says Anjuli Bhargava.
High net worth individuals (HNIs) are considered more investment-savvy than retail investors.
Since many of Modi's urban policies were initiated in Ahmedabad, the city may act as a template to examine what can be expected in a country that is witnessing the biggest migration from rural to urban areas in the world
If you are not happy with the price offered at buybacks, you could be in for a long haul.
The company and its sister concern, Forever Precious, owe close to Rs 5,500 crore.