MillenniumPost

Business - Page 525

PSBs may get 2-yr extension to comply with MPS norms

28 July 2024 10:51 PM IST
New Delhi: Public sector banks are expected to get another two-year extension to comply with Sebi’s minimum public shareholding (MPS) norms, a top...

‘US Fed interest rate decision, Q1 earnings to drive markets this week’

28 July 2024 10:50 PM IST
New Delhi: The US Fed interest rate decision, ongoing quarterly earnings, macroeconomic data and FII trading activity are the major triggers that will...

Investment in equity MFs surge 5-fold to `94,151 cr in Q1 amid robust eco environment

28 July 2024 10:50 PM IST
New Delhi: Investment in equity mutual funds surged over five-fold to Rs 94,151 crore in the June 2024 quarter against Rs 18,358 crore a year ago,...

Govt clarifies: Tax clearance certificate only for people with tax dues, high-value defaulters

28 July 2024 11:45 AM IST
New Delhi: After social media outrage over a Budget proposal making it mandatory to get tax clearance certificates for going abroad, the government on...

Mcap of 6 of top-10 valued firms jumps Rs 1.85 lakh cr

28 July 2024 10:30 AM IST
New Delhi: The combined market valuation of six of the top 10 valued firms jumped Rs 1,85,186.51 crore last week, with Life Insurance Corporation of...

Rupee rises 5 paise to 83.73 against dollar

26 July 2024 11:50 PM IST
Mumbai: The rupee recovered from its all-time low level and appreciated 5 paise to 83.73 against the US dollar on Friday, on strength in the domestic...

Sensex soars 1,293 pts, Nifty rises to record high on buying in bluechips

26 July 2024 11:49 PM IST
Mumbai: Benchmark Sensex rebounded by 1,293 points while Nifty shot up to a record high on Friday, cutting short the five-day losing streak on heavy...

‘FY25 Budget confirms new govt’s commitment to cut fiscal deficit’

26 July 2024 11:49 PM IST
New Delhi: Fitch Ratings on Friday said India’s post-election budget confirms that the new administration remains committed to reducing the fiscal...

Forex stocks rise $4 bn to $670.857 bn

26 July 2024 11:49 PM IST
Mumbai: Surpassing the all-time high level achieved the previous week, India’s forex reserves jumped by another $4 billion to $670.857 billion for the...

‘ITC to invest Rs 20K cr in next 5 yrs’

26 July 2024 11:49 PM IST
New Delhi: Diversified firm ITC Ltd will invest Rs 20,000 crore in the next five years, largely on its FMCG vertical for capacity augmentation,...

RBI issues prompt corrective action framework for UCBs

26 July 2024 11:48 PM IST
Mumbai: The RBI on Friday issued a prompt corrective action framework for urban cooperative banks with an aim to enabling supervisory intervention at...

Digital payments rise 12.6% at March-end 2024: RBI data

26 July 2024 11:48 PM IST
Mumbai: Digital payments across the country registered a 12.6 per cent on-year rise as on March 31, 2024, according to RBI’s index that measures the...
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