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Bank of England's Ramsden says weak productivity is key for rates

Feb 23 2018

“Overall, it’s the MPC’s view that the economy’s speed limit is likely to be around 1.5 percent,” the former finance ministry official said.

'UK's pensions regulator ignored trustee requests on Carillion'

Feb 20 2018

Britain’s pensions regulator twice ignored requests from trustees of collapsed outsourcing firm Carillion to force the company to plug its pension deficit.

'Reserve Bank to maintain status quo through first half of this year'

Feb 18 2018

The Reserve Bank is expected to be in wait-and-watch mode in the near term, and is likely to maintain status quo, through the first half of this year, says a report.

IOC to invest Rs 70,000 cr to expand refining capacity

Feb 18 2018

Indian Oil Corp will invest Rs 70,000 crore to raise its oil refining capacity by about a quarter by 2030 as it takes the lead to meet rising energy needs of the country.

Fire on ship under repair at Cochin Shipyard kills 5, injures 11

Feb 13 2018

A blast caused by a fire on a ship under repair at India’s Cochin Shipyard Ltd killed five people, and injured around 11, a company spokeswoman said.

'RBI status quo on key rate indicates growth will pick up'

Feb 09 2018

RBI's decision to maintain status quo on policy interest rate is a welcome move and indicates that growth will pick up from here onwards, finance ministry official said.

Banks set to raise lending rates, pre-empting Reserve bank

Feb 08 2018

Banks to raise interest rates even though RBI is leaving its rates unchanged, as risks such as surging bond yields and more provisioning requirements erode their profit.

Home loans taken prior to April 2016 may become cheaper

Feb 08 2018

Old home loans are likely to become cheaper with the RBI asking banks to link from April 1 the base rate with MCLR, which is more sensitive to policy rate signals.

Rupee falls for 5th day to hit 2-mth low on RBI hawkish tone

Feb 07 2018

The rupee failed to hold onto its early gains and fell back to end at a fresh two-month low of 64.28 after RBI sounded a more hawkish tone amid upside risks on inflation.

Markets extend losses as RBI left policy rate unchanged

Feb 07 2018

The BSE Sensex fell over 113 points to finish at 34,082.71, while the broader NSE Nifty shed 21.55 points to 10,476.70.

Indian Markets

 
  • SENSEX

    34,142.15 322.65   (0.95 %)
  • NIFTY

    10,491.05 108.35   (1.04 %)
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Global Markets

 

Stocks In News

 

ULTRATECH CEMENT

Ultratech Cement leads race to take over Binani Cement

Offers around Rs 6,200 cr, 20% stake in co to unsecured financial creditors

Dalmia Bharat offers Rs 6,300 Cr

Dalmia seen to lose as UltraTech offering equity stake to creditors

Final decision on winner to be ratified by NCLT

Business Standard Reporst

IRB INFRA

4 companies put in bids for 9 operational national highways under ‘toll-operate-transfer’ model

Brookfield Asset mgmt, Macquarie, IRB Infra and Roadis- NIIF are cos in fray

NHAI hopes to generate more than Rs 6000 cr Under TOT model

auction will involve five highways running across Andhra Pradesh and four in Gujarat
total length of these highways is just under 700 km

Successful bidder to get toll collection rights for 30 years

BALAJI AMINES

Ministry of Commerce recommended Central Govt Anti dumping duty on Dimethylacetamide

Recommend duty for 5 Yrs on DMAC originating from China and Turkey

ADANI TRANSMISSION

Co bags Rajasthan Project

Received a LOI to construct, own, operate and maintain Fatehgarh-Bhadla transmission project in Rajasthan

Received LOI from PFC Consulting Ltd, an arm of Power Finance Corporation

With this project, ATL will strengthen its existing presence in Rajasthan with 2 operational transmission projects and 4 under construction assets

On completion of this acquisition cumulative transmission network will reach 12000 ckt kms, out of which ~9000 ckt kms under operation

Transformation capacity of ATL will also increase to 19,300 MVA from 35 substations

FORTIS HEALTHCARE

To be out of F&O if it does not declare quarterly results by March 1

All existing F&O contracts will expire on March 28

No fresh contracts will be available if the firm fails to submit results for quarters ended September and December 2017 by March 1

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