union budget 2018

 

Budget positive for gold industry: World Gold Council

Feb 16 2018

"For example, the Bureau of Indian Standards is working on regulatory guidelines to make hallmarking mandatory," the report said.

India's fiscal deficit target of 3.3% of GDP welcomed by IMF

Feb 16 2018

The IMF has welcomed the fiscal deficit target set by India in its annual budget and noted that the country is returning to the path of gradual fiscal consolidation.

Government sets target of Dec 2018 to develop iconic sites

Feb 15 2018

The Government has set a target of Dec 2018 to develop 10 iconic sites in the country and 100 monuments to international standards, Culture Minister Mahesh Sharma said.

Chorus of dissent against budget grows: Chidambaram

Feb 13 2018

Chidambaram said that the chorus of dissent against the 2018-19 budget has grown and even economists of the govt and the RBI Governor have spoken against its provisions.

No reduction in inflows for mutual funds after LTCG, says AMFI

Feb 13 2018

The mutual funds industry does not see any reduction in the inflows of funds after the proposal of LTCG and dividend distribution tax (DDT), an official said.

'Ayushman Bharat' insurance scheme ambitious, not impossible: Goyal

Feb 12 2018

Piyush Goyal said providing Rs 5 lakh cover for 10 crore people under the govt's 'Ayushman Bharat' insurance scheme is an "ambitious" project but not an "impossible" one.

EAC-PM discusses ways to rollout of mega healthcare scheme

Feb 12 2018

The EAC-PM discussed possible modalities for implementing the world's largest health protection scheme announced in the Union Budget, said a release.

Mega healthcare plan to boost India's insurance sector: S&P

Feb 12 2018

S&P Global Ratings said the healthcare scheme will be a "game changer" for India's health industry and generate substantial growth in insurers' premiums.

Fin, health ministries to discuss healthcare scheme this month

Feb 11 2018

The scheme was announced in 2018-19 Budget for providing medical cover of up to Rs 5 lakh to over 10 crore poor families.

Market slumps on global sell-off, dips 1,061 pts for the week

Feb 10 2018

BSE and NSE markets slumped further for the 2nd consecutive week following a massive sell-off in overseas stock markets triggered by spike in global bond yields.

Indian Markets

 
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Global Markets

 

Stocks In News

 

US dollar ends higher against rupee

Mumbai: The US dollar ended sharply higher against the rupee at 64.21/22 per dollar and the pound sterling also finished higher at Rs 90.34/36 per pound at the close of the Interbank Foreign Exchange (forex) market here today.

Following are the Interbank forex and RBI rates: (In Rs per unit) Unit   Interbank   RBI Reference US Dollar  64.21/22  US Dollar  Rs 63.9097 Pound Sterling  90.34/36  Euro       Rs 80.1683 Euro   80.18/20 Japanese Yen (100) 60.50/52

(PTI)

HDFC

Approves Allotment Of 24.9 Mn Shares On Preferential Basis To 8 Investors

Approves Allotment Of 24.9 Mn Shares At Rs 1,726.05/Share

MAHINDRA & MAHINDRA

To invest in Zoomcar India, Zoomcar Inc, U.S.

To invest Rs 176 cr in Zoomcar India

Initial investment in Zoomcar India likely to be completed by Feb 20

Additional investment in Zoomcar India expected to be completed by Aug 31

Co’s stake to increase to 16%

RELIGARE ENTERPRISES

RBI inspection had found diversion of funds within group firms

Funds to the tune of Rs 525 cr given to intermediary borrowing cos

Religare Finvest increased corporate loan book against RBI’s directions

RBI has asked for clarity on rollover of fixed deposits with a bank

Findings suggested continued weakness of internal controls

Economic Times Reports

FORTIS HEALTH

SC Allows Sale Of Fortis Health Shares Pledged With Lenders

SC allows Axis Bank, Yes Bank to sell, transfer pledged share of Fortis

Earlier, SC had restrained financial institutions from selling pledged shares

Business Standard Reports

INDOCO REMEDIES

Granted European GMP certification from Hungarian regulators for Mfg plant at Goa

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