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Topics: Money

Business

Indiabulls Housing Finance secures Rs 1,030 crore through issuance of bonds

Indiabulls Housing Finance Ltd has raised Rs 1,030 crore through issuance of bonds on a private placement basis. In a filing with the stock exchange,...
Business

Coronavirus Update: PM Modi announces Rs 20 lakh crore economic stimulus package

Addressing the nation on the coronavirus lockdown, Prime Minister Narendra Modi on Tuesday announced the economic stimulus package worth Rs 20 lakh crore. PM Modi...
Business

Market Analysis: OPEC+ agrees to a historic production cut

OPEC+ agreed to the largest production cut ever of 9.7 mbpd which accounts for 10% of the daily global crude supply. US, Brazil, and...
Business

Market Analysis: Dow ends above 23,000 mark for the first time in a month

The Dow gained 3.4% to close above the 23,000 mark for the first time in a month despite the US seeing the largest number...
Finance

Ex-Finance Minister P Chidambaram, “Govt needs to put money in the hands of poor for demand growth”

Speaking in the parliament on Friday, Congress leader and ex-finance minister P. Chidambaram said, “A classic solution for reviewing the sluggish economy is by...
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Inside

RBI Governor: Need for a fresh look at NBFC supervision; norms soon on liquidity risk management

Concerned overstress in the NBFC sector, RBI Governor Shaktikanta Das Saturday said there is a need to have a fresh look at the regulation...
Huawei

Huawei plans to pay billions in cash dividends to its shareholding employees

China’s Huawei is set to reward employee shareholders with a 3 percent rise in cash dividends that are worth billions of dollars, according to...
Inside

Reserve Bank of India proposes strick compensation norms for Private and Foreign Banks

Seeking to curb excessive salary payout practices, the Reserve Bank of India has proposed strict compensation norms for senior officials of private as well...
Fintech

Singapore based fintech startup Instarem secures $20 million in fresh round funding

Instarem, a Singapore based digital payment startup on Wednesday announced the first close of its $45 million in C series funding by closing over...
Business

Tencent profit increased by 30 percent in Q3

Tencent Holdings said on Wednesday its third-quarter net profit rose 30 percent, beating estimates, as investment gains offset a weak performance in the Chinese...
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Inside

NCPI limits UPI’s P2P transactions to 10 per day

The National Payments Corporation of India (NPCI) has announced: "the reduction in maximum number of P2P (peer-to-peer) transactions from 20 to 10 per bank,...
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