Rupee appreciates 9 paise against US dollar in early trade
PTI | February 11, 2019 9:46 ISTAccording to provisional exchange data, FPIs bought shares worth a net Rs 843.73 crore on net basis on Friday.
According to provisional exchange data, FPIs bought shares worth a net Rs 843.73 crore on net basis on Friday.
As per the sixth economic census released by the Ministry of Statistics and Programme Implementation, there are about 8.05 million women entrepreneurs out of 58.5 million total entrepreneurs in India.
The promoter shareholders have also said that in case the rights issue is under-subscribed, each of the promoter shareholders reserves the right to subscribe to part or whole of the unsubscribed portion.
The RBI had retained Rs 13,190 crore towards risks and reserves during 2016-17. It increased to Rs 14,190 crore in 2017-18. Together, retained amount is Rs 27,380 crore.
Fears of a global economic slowdown have resurfaced after US President Donald Trump said he does not expect to meet his Chinese counterpart Xi Jinping before the March 1 deadline in trade war negotiations between the two superpowers.
The market cap of Tata Consultancy Services (TCS) zoomed Rs 12,007.64 crore to Rs 7,74,023.16 crore and that of HDFC Bank advanced by Rs 8,569.51 crore to Rs 5,77,598.58 crore.
The Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched on August 28, 2014, with an aim to provide universal access to banking facilities for all households.
In it sixth bi-monthly monetary policy review announced Thursday, RBI had cut the repo rate by 25 basis points to 6.25 percent.
The 30-share index cracked 424.61 points, or 1.15 per cent, to finish at 36,546.48, while the broader NSE Nifty slumped 125.80 points, or 1.14 per cent to 10,943.60.
The 30-share index was trading 140.62 points, or 0.38 per cent, lower at 36,830.47. Similarly, the 50-share NSE Nifty dropped 33.40 points, or 0.30 per cent to 11,036.00.
On February 1, RCom's board reviewed the progress of the company's debt resolution plans since the invocation of strategic debt resolution on June 2, 2017.
The company had reported a net profit of Rs 1,214.6 crore in the October-December quarter of 2017-18.
The RBI, under its new Governor Shaktikanta Das, changed the monetary policy stance to 'neutral' from the earlier 'calibrated tightening', signalling further softening of rates if inflation remain benign.
RBI further said that it has been decided to harmonise major categories of NBFCs engaged in credit intermediation, viz., Asset Finance Companies (AFC), Loan Companies, and Investment Companies, into a single category.
The new tariff regime for cable and DTH TV services, which mandate consumers to select channels of their choice -- either individual channels or bouquets -- came into effect on February 1.
The inflation rate was estimated at 3.2-3.4 per cent in the first half of the year 2019-20 and 3.9 per cent in the third quarter of 2019-20.
On Wednesday, the rupee had settled 1 paise higher at 71.56 against the US dollar.
The RBI's Monetary Policy Committee (MPC) is scheduled to announce its policy decision later in the day.
The institution of Income-Tax Ombudsman was set up in 2003 to deal with grievances of public related to settlement of complaints relating to income tax.
In a statement, P&W said it worked closely with GoAir to address the event with the A320 neo Ahmedabad-Kolkata flight that operated this morning.
So far this fiscal year, the once-second largest lender had made recoveries worth Rs 16,600 crore from bad loans.
The apex court on September 26 last year had declared the Centre's flagship Aadhaar scheme as constitutionally valid but struck down some of its provisions including its linking with bank accounts, mobile phones and school admissions.
Investor sentiment was bullish ahead of the Reserve Bank of India's policy outcome, scheduled for Thursday, analysts said.
The 30-share index was trading 255.89 points, or 0.70 per cent, higher at 36,872.70.
A penalty of Rs 2 crore has also been imposed on UCO Bank and Rs 1 crore on Syndicate Bank for violation of norms.
The US and China are locked in a trade war since President Donald Trump imposed heavy tariffs on imported steel and aluminium items in March last year, a move that sparked fears of a global trade war.
PNB, which which was involved in a Rs 14,356-crore scam by Nirav Modi, had reported net profit of Rs 230.11 crore for the corresponding quarter a year ago.
The six-member MPC, headed by RBI Governor Shaktikanta Das, will meet between Tuesday and Thursday for the sixth bi-monthly monetary policy statement for 2018-19.
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