Finance

SEBI bars Kotak Mahindra AMC from launching new FMP schemes for 6 months

The SEBI has barred Kotak Mahindra Asset Management Company from launching any new fixed maturity plan (FMP) for the next six months for not...

Pandemicproof: India’s Q1FY22 GDP growth seen ranging above 14% in Q1FY22

Pent-up demand along with low base is expected to accelerate India's economic growth rate in Q1FY22 on a year-on-year basis. Accordingly, the period from April-June...

RBI appoints Ajay Kumar as new executive director

The Reserve Bank of India (RBI) has appointed Ajay Kumar as Executive Director (ED). An RBI statement on Thursday said that the appointment came into...

Banks to have nationwide credit outreach programme this year: FM

Finance Minister Nirmala Sitharaman on Wednesday said that public sector banks (PSB) will adopt a nationwide credit outreach programme this year. Addressing the media in...

Sensex scales new high; IT, oil & gas stocks rise

The Indian stock market continued its bull run on Wednesday with the BSE Sensex climbing to a fresh record high. The Sensex has touched an...

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