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Besides, the RBI would do away with the requirement of escrow accounts to be operated by a bank promoted trustee for fund transfer.
P2P lending limit raised to Rs 50 lakh
06 Dec 2019 1:53 AM

P2P lending limit raised to Rs 50 lakh

India’s authorities are concerned a surge in rupee trading overseas threatens the stability of the currency, especially in times of stress. That worry has intensified after London overtook Mumbai as the top trading centre. In response, India has been moving to make its onshore market more attractive and preparing to replicate offshore centers in specially designated financial zones within the country.
Bringing rupee trading home is an uphill task
27 Nov 2019 1:08 AM

India’s authorities are concerned a surge in rupee trading overseas threatens the stability of the currency, especially in times of stress.

The focus of this special window will be on the projects that are stalled for lack of construction funding.
Homebuyers can approach banks for loan revival: Govt
07 Nov 2019 4:44 PM

Homebuyers are advised to reach out to their respective lending institutions to seek necessary guidance.

Yes Bank, on Thursday, had disclosed that it is in touch with a family office in the US to raise USD 1.2 billion to shore up its capital.
USD 3 billion offer on table: Yes Bank
02 Nov 2019 12:14 PM

Yes Bank is in discussions to raise USD 1.6 billion from six global private equity funds and two domestic mutual funds.

As per the latest depositories data, foreign investors put in a net sum of Rs 4,970 crore in equities.
FPIs pour in Rs 5,072 cr into Indian capital markets in October so far
21 Oct 2019 11:43 AM

The markets are extending gains in the hopes of better quarterly results.

It (India) is one of the fastest growing (economies) even today. It has the best skilled manpower and a government that is continuously doing what is required in the name of reforms, above all democracy and rule of law, FM Nirmala Sitharaman said on Wednesday. (Photo: File)
No better place to invest than in India: FM Nirmala Sitharaman
17 Oct 2019 8:56 AM

She assured international investors at an interaction session that the government was continuously working to bring reforms.

FPIs flows will depend on the corporate earnings, global trade developments and government actions to curb the slowdown in the economy. (Photo: PTI)
FPIs pull out over Rs 6,200 crore in October so far
14 Oct 2019 11:53 AM

Foreign investors pulled out a net amount of Rs 4,955.2 crore from the equities and Rs 1,261.9 from the debt segment.

Amitabh Kant.
More structural reforms on cards: Niti Aayog boss
04 Oct 2019 12:38 AM

The government in the coming days to put the economy into a high growth trajectory, according to Niti Aayog CEO Amitabh Kant.

Markets are on a rise since Finance Minister Nirmala Sitharaman delivered a surprise cut in corporate tax rates.
Investor wealth zooms Rs 10.50 lakh cr in two days of market rally
23 Sep 2019 12:12 PM

The market capitalisation of BSE-listed firms jumped Rs 10,53,495.23 crore to Rs 1,49,05,246.57 crore so far in two days.

Thomas Cook in May revealed that first-half losses widened on a major write-down, caused in part by Brexit uncertainty that delayed summer holiday bookings.
Over 1 lakh tourists stranded as Thomas Cook collapses, 22,000 jobs cut
23 Sep 2019 8:41 AM

The repatriation of 600,000 tourists, including around 150,000 seeking government help returning to the UK.

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