With effect from March 1, 2023, HDFC raises its Retail Prime Lending Rate (RPLR) on Housing loans, on which its Adjustable Rate Home Loans (ARHL) are based, by 25 basis points.
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Sebi bars 21 entities in Axis mutual fund front-running case
Sebi said Joshi, who was privy to the trade information of the fund house including size and timing of orders that were not in public domain would pass on the confidential information regarding the impending trade order to his connected individuals.
Non-food bank credit surges 16.7% in January
The data on sectoral development of bank credit in January 2023 showed that the personal loan outstanding on January 27, 2023, was Rs 39.59 lakh crore as against 32.87 lakh crore in a year ago.
SBI seals $1-b syndicated ESG loan from Japan, Taiwan
The facility of $1 billion was arranged through Japan’s MUFG Bank and Taiwan’s Taipei Fubon Commercial Bank Co. MUFG and Taipei Fubon Commercial Bank are the joint co-ordinators, while MUFG is the lead loan co-ordinator for this transaction.
Nikki Haley bashes Pakistan; reiterates US won’t be world’s “ATM” if she voted to power
“I will cut every cent in foreign aid for countries that hate us. A strong America doesn’t pay off the bad guys. A proud America doesn’t waste our people’s hard-earned money. And the only leaders who deserve our trust are those who stand up to our enemies and stand beside Continue Reading
Record high temperatures in Feb may lead to more rate hikes from RBI, says India Ratings
Apart from the decline in wheat production, the agency expects an uptick in vegetable prices and stickiness in core inflation to cloud the outlook on inflation. It said the vegetables prices will begin to harden with the onset of summer and their contribution to CPI to turn positive, after two Continue Reading
E-filing of CESTAT appeals begins on trial basis
“A module for e-filing of appeals and applications in CESTAT is being developed by NIC. The first version of the module is ready for trial by the stakeholders. For the purpose of testing, Advocates are requested to file appeals on trial basis on the e-filing module of CESTAT website,” a Continue Reading
Growth projection of 7% for FY23 very realistic: CEA Anantha Nageswaran
“The trends that we have in terms of high frequency data for 2022-23 for fourth quarter do indicate that achieving that growth rate in Q4 is well within the realm of possibility and therefore the 7 per cent real GDP growth estimate for 2022-23 is very realistic,” Nageswaran told reporters.
US stocks open lower as Treasury yields rise
The Dow Jones Industrial Average fell 15.62 points, or 0.05%, at the open to 32,873.47
Gainers and Losers: Adani Ent, Adani Ports among 6 stocks that made headlines today
Tracking weak global sentiments, Indian equity indices continued their losing streak for the 8th consecutive session on Tuesday. Nifty ended at 17,303, down 89 points or 0.51%, while Sensex fell 326 points or 0.55% to end at 58,962.