The RBI has agreed to consider the application of India Post in consultation with the government.
Two key depts in ministry cold to rationale for one; postal dept says it's more eligible than IDFC or Bandhan, feels 'strong lobby' scuttling its plans.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Finance ministry is understood to have reservations on the ownership of minority stakeholders in Hutchison-Essar and is likely to raise the issue at the FIPB meeting.
Earlier, the Reserve Bank of India was the approving authority.
Mutual funds predominantly bought engineering, media, pharma, and oil and gas stocks in July
Among the stocks that have seen the largest cut by MFs, the DVR shares (shares with differential voting rights) of Tata Motors have seen a cut of 243 basis points (bps) in MFs' stake.
Onion prices have increased 150% over the last few months
The ailing United Western Bank on Thursday submitted a scheme of reconstruction to the regulator Reserve Bank, which has placed it under moratorium due to erosion of networth.\n
With buyers playing safe, projects such as Delhi-Gurgaon Expressway find it difficult to get new concessionaires
NSO has pegged economic growth at 5 per cent in 2019-20 in its second advance estimates.
Putin's visit comes at a time when Russia's economy is stalling as oil prices tumble
The seven people arrested will be produced in a designated CBI court to seek their remand, CBI sources said.\n\n
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
India Post had applied for a bank licence under RBI guidelines issued on February 22, 2013.
The proposed Rs 10,000 crore (Rs 100 billion) of bond purchase would be done on Monday.
A list of 25 companies that are suspected to be operating bogus demat accounts has been handed over to market regulator SEBI by Investor Grievance Forum demanding a probe into their operations.
Analysts attribute this fall to the recent moderation in energy (mainly crude oil) and commodity prices, lowering of input costs for companies in sectors such as FMCG, consumer durables, and automobiles, reports Krishna Kant.
No fund houses could muster the courage to launch equity funds during the period and the sector lost a lot of its equity assets.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Uttam Prakash Agarwal alleged that Citax and Braich offers were incomplete and did not include firm commitment as to the price, size, timings, confirmation from the banks about availability of the funds.
L&T-Infrastructure Development Projects Limited will divest 21.6 per cent stake to Silver Peak Investments (Mauritius) and an India Development Fund-led consortium for Rs 550 crore.
These investors are not only betting on little-known stocks, but also sectors that the market participants are not paying much heed to. Some of these stocks can be potential multi-baggers, while others may not live up to the expectations of these stock-pickers, says Jash Kriplani.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Weakness in the broader markets, along with expensive valuations that these companies had commanded during their IPOs, has led to this fall
The ease of doing business has not picked up in a vast number of states and Union Territories.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, will answer your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
India Inc has few leaders who are likely to grab headlines in 2015.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
If you want his advice on your mutual fund investments, please mail your questions to getahead@rediff.co.in with the subject line, 'Mutual Fund Query', along with your name, and Omkeshwar will offer his unbiased views.
The thrust, they feel, remains on design thinking, AI and digital besides enhanced focus on investing in selling and marketing efforts, expanding local talent base and re-skilling staff
It is difficult to say if the banking sector will see the worst behind it by March 2020, warns Tamal Bandyopadhyay.
'The snakes and ladders game will continue till the consolidation process is complete simply because we don't know how bad the scene is, with some of the banks being merged,' says Tamal Bandyopadhyay.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances