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» US fed chair Jerome Powell optimistic about recovery, commits to keep interest rates unchanged
US fed chair Jerome Powell optimistic about recovery, commits to keep interest rates unchanged
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Private banks slap fees on use of UPI over 20x a monthAccording to a report published by Ashish Das by the Indian Institute of Technology (IIT), Bombay, banks are interpreting the law to suit them to conclude that, while ‘payments’ are free, transfers can be charged. from Stock… Read More
Future Retail pays Rs 100 crore bond interest, avoids default The Kishore Biyani-led Future Retail, which is in the final stages of discussions for a majority stake sale to Mukesh Ambani-led Reliance Industries (RIL), on Monday averted default by making an interest payment of $14 milli… Read More
Government hints at fresh stimulus for growthThe statement came as expenditure secretary T V Somanathan indicated that another stimulus package may be considered, although it may not happen immediately. from Stocks-Markets-Economic Times https://ift.tt/2FYL2cj … Read More
RBI pushes lenders to raise funds over bad debt pile-upMost public sector banks are reluctant to hit the equity markets because their valuations have taken a beating. This substantially reduces the headroom for them to raise capital as they need to retain government stake at over… Read More
SGX Nifty down 5 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 5 points, or 0.04 per cent lower at 11,492, in signs that Dalal Street was headed for a flat start on Tuesday. from Stocks-Markets-Economic Times https://ift.tt/32o8s2o … Read More
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