The restrictions on Punjab and Maharashtra Cooperative (PMC) Bank has been extended for another three months till the end of March next year. Reserve Bank of India (RBI) has extended the restrictions as further action on the draft scheme for the t

Until a couple of years ago, India’s banking sector was engulfed by a massive cloud of bad loans that slowed credit growth and, in turn, hurt broader economic activity. And the onset of the Covid-19 pandemic last year threatened to make matters far

The government's total liabilities rose to Rs.125.71 lakh crore in the September quarter from Rs.120.91 lakh crore in the three months ended June, according to the latest public debt management report. The increase reflects a quarter-on-quarter in

In yet another major step to boost domestic investment in Jammu and Kashmir, the Union territory government on Tuesday signed a pact with the world-renowned healthcare company Apollo Hospitals to establish a multi-specialty hospital in Jammu. In t

Indian banks need to bolster their capital positions, build adequate buffers and strengthen corporate governance to deal with emerging risks as the economy recovers from the impact of the COVID-19 pandemic, a report by the Reserve Bank said. Sound

Waaree Energies, India's leading solar PV module manufacturer, has Supplied 335 Wp Poly solar modules for a project developed by Avanti Renewable Energy Private Limited. The size of the project is 1.56 MW located at Survey No- 105/2, Hothragondahalli

Terming the Production Linked Incentive (PLI) Scheme as a game changer, Finance Minister Nirmala Sitharaman on Tuesday said it has helped in drawing huge investment to the country and also in building manufacturing capabilities. The scheme, announ

On Tuesday, the benchmark index Nifty opened with an upside gap and surged above its crucial resistance zone of 17160-17180 level. Interestingly, the index has surged above its 20-day EMA level and it has started edging higher. The daily RSI is curre

Alok Industries, Ambuja Cement, and Apollo Tyres Limited have witnessed volume burst in the last 75 minutes of the trade. As the saying goes, the first and the last hour of each trading session is the most important and active in terms

When Japanese rice trader Munehisa Honma was making tons of money in Osaka in the 18th century he wouldn’t have imagined that nearly three centuries later, the method devised or at least attributed to him—candlestick charts or Japanese candl

Indian equities had a stellar run in 2021, with the benchmark BSE Sensex gaining 21 since January 1 and extending the rally from where it left in 2020. The NSE Nifty 50 has risen nearly 23. The gains were primarily driven by a surge in liquidity

An amount of Rs 1 lakh invested in Gateway Distriparks in January 2021 would have become Rs 2.41 lakh in December 2021. With strong fundamentals, the stock of multibagger Gateway Distriparks rallied from Rs 121 from J