Tag: india business news

Securitisation volume surged nearly 70% to Rs 35,000 crore in the first quarter this fiscal on-year, primarily because of increased economic activity, CRISIL has stated in a report.  Further, the base effect caused by low volumes last fiscal due to secondSecuritisation volume surged nearly 70% to Rs 35,000 crore in the first quarter this fiscal on-year, primarily because of increased economic activity, CRISIL has stated in a report.  Further, the base effect caused by low volumes last fiscal due to second

Broking firm Sharekhan has recommended buying the stock of Federal Bank for good gains. The firm has set a price target of Rs 120 on the stock. “Federal Bank reported strong operating performance for Q1FY2023 despite muted treasury performance. Net interestBroking firm Sharekhan has recommended buying the stock of Federal Bank for good gains. The firm has set a price target of Rs 120 on the stock. “Federal Bank reported strong operating performance for Q1FY2023 despite muted treasury performance. Net interest

Falling value of the rupee against the US dollar is turning out to be a mixed bag for the industry with some sectors bearing the brunt while others, especially software exporters, are hoping for continued gains, according to PTI TheFalling value of the rupee against the US dollar is turning out to be a mixed bag for the industry with some sectors bearing the brunt while others, especially software exporters, are hoping for continued gains, according to PTI The

Indian MedicalAssociation (IMA) today has requested the government to remove the imposition of GST on healthcare. The letter by the organisation said the decision is unfortunate and shall make healthcare expensive without ITC. The 47th GST Council meetingIndian MedicalAssociation (IMA) today has requested the government to remove the imposition of GST on healthcare. The letter by the organisation said the decision is unfortunate and shall make healthcare expensive without ITC. The 47th GST Council meeting

As per a leading business portal, the country’s leading wine manufacturer Sula Vineyards has filed papers with the market regulator for coming up with the IPO. In case the IPO plan goes through, this shall be the first IPO byAs per a leading business portal, the country’s leading wine manufacturer Sula Vineyards has filed papers with the market regulator for coming up with the IPO. In case the IPO plan goes through, this shall be the first IPO by

Indices ended the week in the green owing to recovery in the global markets as even after the US CPI came in at a 41-year high, some of the policymakers preach for a 75 basis point rate hike in the nextIndices ended the week in the green owing to recovery in the global markets as even after the US CPI came in at a 41-year high, some of the policymakers preach for a 75 basis point rate hike in the next

Pakistan has assured the IMF that it would try to receive concessions from the Chinese investors participating in the China-Pakistan Economic Corridor (CPEC) power plants in the shape of either reduction in the profit rates on investment or rescheduling the loanPakistan has assured the IMF that it would try to receive concessions from the Chinese investors participating in the China-Pakistan Economic Corridor (CPEC) power plants in the shape of either reduction in the profit rates on investment or rescheduling the loan

Competition Commission of India on Friday approved the proposed acquisition of additional stake in Ageas Federal Life Insurance Company Ltd (AFLI) by Ageas Insurance International NV. Currently, Ageas has 49 per cent shareholding in AFLI. It jointly controls the operations ofCompetition Commission of India on Friday approved the proposed acquisition of additional stake in Ageas Federal Life Insurance Company Ltd (AFLI) by Ageas Insurance International NV. Currently, Ageas has 49 per cent shareholding in AFLI. It jointly controls the operations of

Insurance regulator IRDAI on Friday said it will hold extensive consultations with stakeholders before taking any decision with regards to mandatory disclosure of commissions paid to intermediaries on policy documents. The Insurance Regulatory and Development Authority of India (IRDAI) issued aInsurance regulator IRDAI on Friday said it will hold extensive consultations with stakeholders before taking any decision with regards to mandatory disclosure of commissions paid to intermediaries on policy documents. The Insurance Regulatory and Development Authority of India (IRDAI) issued a