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The BSE Sensex on Friday soared to life-time high of 33,270.62 and the NSE Nifty scaled another record high of 10.366.15 in opening trade. Photo: AP

Sensex, Nifty scale new records on PSB stock rally

Traders said sentiment was upbeat in domestic energy stocks with Brent crude soaring to hit its highest level since July...

30 Oct 2017 4:38 PM IST

Income tax department expects taxpayers to file correct returns whther they file it in cash or online. (Photo: PTI).

GDP in FY19 to gain from PSU bank recapitalisation: report

As per Ambit estimates, industry is likely to see a 7 per cent growth in 2018-19 from 5 per cent in the current fiscal.

29 Oct 2017 5:27 PM IST

Sensex, Nifty both surged on Thursday ahead of release of numbers on IIP and inflation later in the day. (Photo: AFP)

Q2 reportcard, PMI data to drive markets this week

Over the last week, the Sensex recorded handsome gains of 767.26 points or 2.37 per cent.

29 Oct 2017 4:09 PM IST

Life Insurance Corporation may be roped in to participate in the Rs 2.11 lakh crore recapitalisation initiative for public sector banks (PSBs). (File Photo)

Govt may rope in LIC in PSU bank recap programme

Finance Minister Arun Jaitley last week said that there were multiple options before the government for recap bonds.

29 Oct 2017 12:58 PM IST

Positive start for domestic stock markets lent support to rupee. (Photo: PTI)

Rupee to gain from govt's PSU bank rescue programme: report

According to Morgan Stanley, the announcement is not expected to impact fiscal deficit position and inflation number.

27 Oct 2017 12:36 PM IST

Prime Minister Narendra Modi at the Vibrant Gujarat Global Summit 2017, in Gandhinagar, Gujarat. (Photo: AP)

Cash-starved SMEs in Gujarat triggered banks' recap

Modi was already facing criticism from some businesses for the disruption to the economy caused by note ban and GST.

27 Oct 2017 10:50 AM IST

State Bank of India, SBI, had earlier reduced minimum balance requirement. (Photo: PTI)

PSU bank recap positive for GDP growth, rupee: Goldman Sachs

The government on Tuesday unveiled a Rs 2.11 lakh crore two-year road map to strengthen NPA-hit public sector banks.

25 Oct 2017 3:24 PM IST

Bank customers across the nation have complained that several banks are refusing to accept more than the said amount despite providing detailed explanations. (Photo: PTI/File)

Bank recapitalisation critical for economic recovery: BofAML

Govt unveiled a Rs 2.11 lakh crore two-year road map for strengthening NPA-hit public sector banks.

25 Oct 2017 2:47 PM IST

NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade on Thursday. Photo: PTI

Sensex, Nifty trim morning gains, pull back from lifetime highs

The 30-share Sensex resumed higher at 32,995.28 and soared to its intra-day life time high of 33,117.33 as banking...

25 Oct 2017 12:30 PM IST

The benchmark BSE Sensex gained over 156 points in early trade on Tuesday. (Photo: AP)

Bank shares drive up Sensex, Nifty on govt's recapitalisation plan

Bonds fell, with the benchmark 10-year bond yield up 3 basis points to 6.81 per cent from its previous close.

25 Oct 2017 10:30 AM IST

BJP president Amit Shah addresses party workers in New Delhi. (Photo: PTI)

Bank recapitalisation to provide employment to youth: Amit Shah

BJP chief said, bank recapitalisation will not only give impetus to businesses but also provide employment to the youth.

25 Oct 2017 8:35 AM IST

Finance Minister Arun Jaitley (Photo: PTI)

FinMin working on recap bonds, expected to receive Jaitley's nod soon

The framework for bank recapitalisation once cleared will go to Parliament for necessary approvals.

29 Nov 2017 6:32 PM IST