IDBI Federal Life Insurance renamed as Ageas Federal Life Insurance after stake sale
Post the transaction, IDBI Bank will hold 25 percent stake in the life insurer, while Ageas will hold 49 percent…
SEBI extends the deadline for allotment of units against receipt of funds to February 1
From February 1, 2021, investors will get allotment of units only after the schemes get funds.
Indian economy to register positive growth of 10% in FY21-22: ICRA
The rating agency says the manufacturing sector is expected to grow at a gradual pace on the back of the…
US: Claims for jobless benefits fall to 787,000, down 19,000
Jobless claims were running around 225,000 a week before the pandemic struck with force last March causing weekly jobless claims…
Operation Twist: RBI to conduct simultaneous sale-purchase of govt securities next week
Simultaneous purchase and sale of G-sec under OMOs, popularly known as Operation Twist, involves purchasing the securities of longer maturities…
SEBI extends implementation date of due diligence framework for debenture trustees to April 1
The charge created by issuer will be registered with sub-registrar, registrar of companies, depository, among others, as applicable, within 30…
Year-ender 2020: Hotels were the first to be hit by the COVID-19 pandemic
As per estimates, the hotel industry has suffered a revenue loss of Rs 90,000 crore due to the COVID-19 pandemic.
Retail inflation for industrial workers eases to 5.27% in November
The maximum upward pressure in the current index came from Food Beverages group contributing ( ) 0.25 percentage points to…
Investor wealth grows a mammoth Rs 32.49 lakh crore in pandemic-hit 2020
Markets witnessed volatile trends during the year, with the benchmark crashing to its one-year low of 25,638.9 on March 24,…
Gold prices surge over 20% for second year in a row to settle above Rs 50,000 per 10 gram
Gold prices have kept range bound trading during the week on lack of important economic data and mixed global cues.