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Customers can pay at petrol pumps via cards for no extra charge: Govt
167 Views, 09-01-2017, Courtsey News Live

: Credit and debit cards will continue to be accepted at petrol pumps even after January 13 without customers having to pay transaction charges, the government said on Monday. Banks and oil companies are in discussions as to who should bear these charges, it said a day after averting a crisis that ...Read more

Sensex ends 119 down after hitting 27k
54 Views, 06-01-2017, Courtsey News Live

: Marked by day-long swings, the stock market came off its nearly two-month high by falling over 119 points to close at 26,759, stumped by IT worries following proposed visa curbs in the US. The NSE nifty too briefly retook the 8300 level before capitulating. Information technology stocks hit a ro...Read more

Sensex nears 2-month high, Nifty tops 8200-mark
182 Views, 05-01-2017, Courtsey News Live

: The Sensex rebounded strongly to end near a two-month high of 26,878 by zooming over 245 points and the NSE Nifty rescaled the 8,200-mark after the U.S. Fed minutes hinted at the uncertainty over the pace of rate hike. A higher U.S. interest rate means flight of capital from emerging markets in q...Read more

Rupee rebounds from one-month low, soars by 28 paise
215 Views, 04-01-2017, Courtsey News Live

: The rupee made a roaring comeback after a two-day downfall against the American currency and ended higher by 28 paise at 68.05 following a fresh bout of dollar selling by banks and exporters.  This is the biggest single day gain in one month. A weak dollar sentiment across the board alongsi...Read more

Re hits 1-month low on dollar buoyancy, ends at 68.33
251 Views, 03-01-2017, Courtsey News Live

: Piling on yesterday\’s massive loss, the rupee today weakened further by 11 paise to end at a fresh one-month low of 68.33 against the American currency on heavy dollar demand from corporates and importers. Resurgent greenback against other currencies overseas alongside uninterrupted capita...Read more

SBI to soon relook at the deposit rates: Arundhati Bhattacharya
232 Views, 02-01-2017, Courtsey News Live

: After starting the New Year with a gift of 0.9 percentage point cut in lending rates, State Bank of India (SBI) Chairperson Arundhati Bhattacharya on Monday said that the deposit rates also soon require a "relook" as a large amount of cash deposited in the banks, as a result of demonetis...Read more

Petrol price hiked by Rs 1.29/litre, diesel up by 97 paise a litre
167 Views, 01-01-2017, Courtsey News Live

: Following the recent spurt in oil prices to well over $50 a barrel, state-run Indian Oil Corp (IOC) on Sunday hiked prices of petrol by Rs 1.29 a litre, and of diesel by 97 paise, both at Delhi and effective from midnight, with corresponding increases in other states. "The current level of i...Read more

NRIs can exchange defunct notes till June 30, others till March 31: RBI
162 Views, 01-01-2017, Courtsey News Live

: RBI on Saturday night came out with conditions for exchange of defunct notes for those, including non-resident Indians, who failed to do so till yesterday, the last day for depositing the invalid currency notes in banks. Resident Indian citizens who were abroad from November 9 to December 30 can ...Read more