Indian rupee snaps 8-day winning run, ends 21
Snapping its eight-day long winning streak against the American currency, the rupee dropped by 21 paise to 66.40 on month-end
HDFC Bank cuts lending rate by 0.05 per
Following SBI, country’s second largest private sector lender HDFC Bank has reduced base rate or the minimum lending rate by
Gold regains ground on jewellers’ buying, global cues
NEW DELHI: Gold prices recovered Rs 45 to Rs 25,650 per 10 grams at the bullion market on Tuesday, tracking
Indian rupee down 13 paise to 66.32 against
Halting its 8-day rising streak, the rupee traded lower by 13 paise at 66.32 against the dollar in early trade
Citigroup hikes stake in L&T Finance to 7.56%
Citigroup has increased its stake in financial services firm L&T Finance Holdings from 5.74% to 7.56% for about Rs 208
Interest subvention should be phased out: central bank
MUMBAI: The government must do away with the interest subvention scheme and plough back the subsidy into a universal crop
Infosys sets up 6.6 MW solar plant in
Country’s second largest software services firm Infosys unveiled a 6.6 MW capacity solar PV power plant at its Pocharam campus
Markets likely to open positive tracking mixed global
Indian equities are expected to open with a positive bias tracking mixed cues from the Asian equities. The early indicator,
Get debt fund mix right with tax-free bonds,
Interest rates may continue to be under pressure in the immediate term due to a number of factors – higher
Multiples Alternatives, former senior bankers to invest over
MUMBAI: Local private equity fund Multiples Alternatives, along with a clutch of former senior bankers, will invest over Rs 100