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Tube Investments Net Profit Rises 74% To Rs 129 Crore In March Quarter

Tube Investments Net Profit Rises 74% To Rs 129 Crore In March Quarter

Edited by Nikita Prasad | Friday June 18, 2021

Tube Investments Q4 Results: The company reported a net profit of Rs 129 crore in the January-March quarter results for the financial year 2020-21, up 74 per cent year-on-year

Banks Directed To Disburse Pension Expeditiously Amid COVID-19: Report

Banks Directed To Disburse Pension Expeditiously Amid COVID-19: Report

Press Trust of India | Friday June 18, 2021

Minister of State for Personnel Jitendra Singh said on Friday that banks have been instructed to disburse pension expeditiously to ensure "ease of living" for the elderly amid the pandemic

Monetary Policy Committee Needs To Be Watchful On Inflation: Minutes

Monetary Policy Committee Needs To Be Watchful On Inflation: Minutes

Reuters | Friday June 18, 2021

Earlier in the month, the RBI kept interest rates at record lows and promised to keep its policy accommodative for as long as necessary.

Rupee Snaps 8-Session Losing Streak, Settles Higher To 73.86 Against Dollar

Rupee Snaps 8-Session Losing Streak, Settles Higher To 73.86 Against Dollar

Edited by Nikita Prasad (With inputs from Agencies) | Friday June 18, 2021

Rupee Vs Dollar Rate Today: At the interbank foreign exchange market, the local unit opened lower at 74.10 against the dollar and touched an intra day low of 74.27 tracking a weak trend in domestic equities,

Power Grid Reports 6% Rise In Profit In March Quarter, Stock Edges Lower

Power Grid Reports 6% Rise In Profit In March Quarter, Stock Edges Lower

Edited by Nikita Prasad | Friday June 18, 2021

Power Grid Corporation Share Price: On Friday, Power Grid Corporation opened on the BSE at Rs 247, inching to an intra day high of Rs 247, and an intra day low of Rs 230.20

RBI Grants In-Principle Approval To Centrum Financial To Set Up Small Finance Bank

RBI Grants In-Principle Approval To Centrum Financial To Set Up Small Finance Bank

Edited by Nikita Prasad (With inputs from Agencies) | Friday June 18, 2021

The Reserve Bank of India granted the in-principle-approval to Centrum Financial Services, to set up a small finance bank, paving the way for the acquisition of the scam-hit PMC Bank

Sensex Recovers 850 Points From Day's Low, Snaps Two Day Losing Streak

Sensex Recovers 850 Points From Day's Low, Snaps Two Day Losing Streak

Edited by Abhishek Vasudev | Friday June 18, 2021

Nifty Bank staged a strong recovery from intraday lows as the index recovered 878 points from the day's lowest level.

Paytm Seeks Shareholder Approval For $1.6 Billion Sale Of New Stock: Report

Paytm Seeks Shareholder Approval For $1.6 Billion Sale Of New Stock: Report

Reuters | Friday June 18, 2021

Paytm, which counts China's Alibaba and Japan's SoftBank as backers, will sell new shares and will also have an option to retain an over-subscription of up to one per cent

Novartis India Sheds Over 6% Even After Net Profit Rises 43% In March Quarter

Novartis India Sheds Over 6% Even After Net Profit Rises 43% In March Quarter

Edited by Nikita Prasad | Friday June 18, 2021

Novartis India Share Price Today: On Friday, Novartis India opened on the BSE at Rs 881, swinging to an intra day high of Rs 883.35 and an intra day low of Rs 797.35, so far

Sensex Recovers Over 650 Points From Day's Low, Nifty Trades Above 15,650

Sensex Recovers Over 650 Points From Day's Low, Nifty Trades Above 15,650

Edited by Abhishek Vasudev | Friday June 18, 2021

Nine of 11 sector gauges compiled by the National Stock Exchange were trading lower led by the Nifty PSU Bank index's 1.7 per cent decline. Nifty Metal, Media and Realty indices also fell over a per cent.

Krishna Institute of Medical Sciences IPO Oversubscribed On Final Day

Krishna Institute of Medical Sciences IPO Oversubscribed On Final Day

Edited by Abhishek Vasudev | Friday June 18, 2021

Demand for Krishna Institute of Medical Sciences was among the retail investors as portion reserved for them was subscribed 1.35 times.

ETFs Or Mutual Funds? Find Out Which Is The Better Investment Option For You

ETFs Or Mutual Funds? Find Out Which Is The Better Investment Option For You

Edited By NDTV News Desk | Friday June 18, 2021

If you cannot decide between ETFs and mutual funds, here’s all the information you need to make an informed choice

COVID-19 Deals New Blow To Foreign Carmakers' Indian Dream

COVID-19 Deals New Blow To Foreign Carmakers' Indian Dream

Reuters | Friday June 18, 2021

Foreign automakers' hopes of a booming Indian car market are fading fast as a brutal second wave of COVID-19 infections and limited government room for more stimulus spending suggest a recovery could lag far behind China and the United States.

Economy May Have Shrunk 12% In June Quarter Due To Covid Second Wave: Report

Economy May Have Shrunk 12% In June Quarter Due To Covid Second Wave: Report

Edited by Peter Noronha | Friday June 18, 2021

Indian economy's 12 percentage point contraction in June quarter amid covid second wave may not lead to a sharp V-shaped recovery due to weakened consumer sentiment, says UBS Securities India

Why Risk-Averse Investors Sometimes Prefer Hybrid Funds Over Debt Funds? Find Out

Why Risk-Averse Investors Sometimes Prefer Hybrid Funds Over Debt Funds? Find Out

Edited By NDTV News Desk | Friday June 18, 2021

Hybrid funds have their portfolios constituted in such a way that they include both equity and debt investments