Finance Secretary Subhash Chandra Garg
13 Jul 2019 1:37 AM

However, he added that there could be funding problems for some NBFCs, which is being addressed by the government.

Finance Minister Nirmala Sitharaman
13 Jul 2019 1:36 AM

Intends to cut government stake to 40 per cent in many PSUs.

The BSE Sensex was down 86.88 points at 38736.23, while the Nifty50 fell 35.20 points to 11547.70.
13 Jul 2019 1:22 AM

The broader markets outperformed frontliners with the Nifty Mid-Cap and Small-Cap indices rising 0.46 per cent and 0.33 per cent respectively.

The outperformance is mainly attributable to the record level of investments worth $11.1 billion in infrastructure and real estate. These two sectors together accounted for 48 per cent of all PE/VC investments.
13 Jul 2019 1:06 AM

The largest deal in H1 2019 was Brookfield's buyout of Reliance Industries' East-West pipeline worth $1.9 billion.

As per the data from Anarock Property Consultants, 5.6 lakh units worth Rs 4.5 lakh crore are either stuck or delayed in top 7 cities.  (Representational Image)
13 Jul 2019 12:56 AM

JV partnership with developers and PE firms explored.

After swinging 337 points during the day, the 30-share BSE Sensex settled 86.88 points or 0.22 per cent lower at 38,736.23.  (Photo: File)
12 Jul 2019 4:12 PM

Investors were also cautious ahead of the release of key macroeconomic data, traders said.

Prices fell due to easing demand from local jewellers even as gold gathered steam overseas, said traders. (Photo: Representational)
12 Jul 2019 4:05 PM

Silver also declined Rs 125 to Rs 39,075 per kg due to reduced offtake by industrial units.

The budget plan “seems to have inadvertently” pulled foreign portfolio investors (FPI) into the tax net and must be clarified by the government, said K R Sekar, a partner at Deloitte Touche Tohmatsu India LLP.
12 Jul 2019 3:41 PM

Global and non-resident investors make investments in India via so-called association of persons (AOP) and non-corporate trusts.

The Indian rupee on Thursday had closed at 68.44 against the US dollar.
12 Jul 2019 10:18 AM

Rupee is trading at 68.54 against dollar in early trade on Friday ahead of the release of key macro-economic data.

The broader Nifty fell 6.30 points, or 0.05 per cent, to 11,576.60.
12 Jul 2019 10:14 AM

After jumping over 100 points, the 30-share index pared all gains to trade 6.14 points, or 0.02 pc, lower at 38,816.97