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  Business   Economy  04 Jan 2018

Business, Economy, 04 Jan 2018

Govt to opt for wider fiscal deficit target of 3.2 pc in FY19: DBS

Opting for a fiscal deficit target of 3.2-3.4 pc will lead to a surge in Govt borrowings to Rs 4.8-5.2 lakh cr.

04 Jan 2018 5:40 PM

PSU bank stocks in limelight; shares gain up to 8.5 pc

Release of next instalment of funds earmarked for bank recapitalisation proved to be a shot in arm for PSBs.

04 Jan 2018 5:34 PM

Fund raising via preferential allotment up 3 pc in Apr-Nov

As per Sebi data, funds raised by listed firms through preferential allotment stood at Rs 27,874 crore.

04 Jan 2018 4:46 PM

Nearly 1,200 new FPIs register with Sebi in 10 months of FY18

Number of FPIs with the markets regulator climbed to 8,991 at the end of November from 7,807 at March-end.

04 Jan 2018 4:07 PM

Govt seeks Parliament nod for Rs 80,000 cr PSBs recapitalisation

NPAs have increased to Rs 7.33 lakh crore as of June 2017, from Rs 2.75 lakh crore in March 2015.

04 Jan 2018 3:19 PM


Higher NPA provisioning to impact banks in 2018/19: Moody's

Govt in October last year announced plans to infuse Rs 2.11 lakh crore into PSU banks.

04 Jan 2018 2:23 PM

Govt notifies 7.75 pc bond scheme for retail investors

Government came out with bonds offering 8 per cent interest to encourage retail investors to invest.

04 Jan 2018 11:46 AM

India's services sector returns to growth in December: PMI

On prices front, GST continued to exert upward pressure on manufacturers' cost burdens in December.

04 Jan 2018 11:23 AM

Corp bond investment limit oversubscribed, FPIs bid for $2.5 billion

FPIs bid Rs 15,961 crore for investment limits in corporate bond as against Rs 13,756 crore.

04 Jan 2018 10:39 AM