Public sector banks recover bad loans worth Rs 2.33 lakh cr in 4 years to FY18: Shiv Pratap Shukla
India's November wholesale inflation falls to 4.64 % in November, from 5.28 % in October
Rupee trades at 71.82 against US dollar in early trade on forex market
Sensex, Nifty turn cautious amid negative signals from other Asian markets
TRAI amends Mobile Number Portability regulations; limits timeline for porting number to two days
Challenges in NBFI sector likely to tighten overall credit supply in country: Moody's
Candidate for chairman post finalised, name to be sent to RBI for approval: Yes Bank
Housing sales may rise 16 pc in 2018; new supply up 32 pc: Anarock
Automaker Ford India on Thursday said it will increase prices of its models by up to 2.5 per cent from January to partially offset the impact of rising input costs.
The United States is also trying to ensure that Pakistan changes its economic programme so that it's not a failure in the future.
On Wednesday, the bank's chief executive CS Ghosh said the bank would add another 40 branches by December 31.
Other losers include Sun Pharma, TCS, Tata Steel, Adani Ports and Coal India, falling up to 2 per cent.
On Wednesday the rupee had declined by 16 paise to 72.01 per US dollar
According to traders, investor sentiment on Dalal Street was positive on expectation that new RBI Governor Shaktikanta Das would work more closely with the government.
The Central Statistics Office (CSO) data showed the Consumer Food Price Index (CFPI) deflated further to (-) 2.61 per cent in November from (-)0.86 per cent in October 2018.
Flowers, incense and other religious items come in plastic packaging adorned with images of gods. Devotees do not want to throw away this packaging, so they either leave the packaging under trees or immerse it into water bodies.
Progress on the steps taken by Governor Shaktikanta Das’ predecessor Urjit Patel to restore financial system integrity will be a key thing to assess any damage to the institution.
He also pointed out that consultations with stakeholders have become fundamental to the central bank's functioning in view of the complexity of modern day decision-making, adding he would meet the heads of the Mumbai-based state-run banks on Thursday as part of this process.
According to him, there are also examples where concessions are negotiated with fixed pricing over the concession term, which risks a situation where charges are not reflective of the service or infrastructure provided to the airlines and passengers.
The BSE Sensex zoomed 629.06 points, or 1.79 per cent, to end at 35,779.07, while the broader NSE Nifty rallied 188.45 points, or 1.79 per cent, to 10,737.60.
GST which subsumed 17 local taxes, including excise duty and service tax, was introduced on July 1, 2017.
The new RBI Governor, Shaktikanta Das is a retired 1980 batch of the Indian Administrative Service (IAS) officer of Tamil Nadu cadre.
India reached 32.8 million children and 8.4 million pregnant women over the last three years under Mission Indradhaush, PM said.
At the Interbank Foreign Exchange, the rupee opened weak at 72.10 against the US dollar, then depreciated further to 72.17, showing a decline of 32 paise over its previous closing.
Shaktikanta Das was named the new governor of the Reserve Bank of India after Urjit Patel abruptly resigned.
It is expected that the board meeting may be deferred as there is no regular governor. Speaking to reporters, Jha said, some communication from the government on RBI is expected.
The contravention is with regard to RBI's directions on Frauds- Classification and Reporting by Commercial Banks.
As per trends for Assembly election results, the BJP is likely to lose power in Rajasthan, Madhya Pradesh and Chhattisgarh.
Patel had joined the International Monetary Fund (IMF) in 1990 and worked on the USA, India, Bahamas and Myanmar desks at IMF till 1995.
All sectoral indices on the BSE and NSE ended in the red, led by realty, banking, metal, pharma, pharma and financial stocks.
Gross collections in corporate income tax (CIT) and personal income tax (PIT) grew 17.7 per cent and 18.3 per cent, respectively.
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