Data

BSE investors base crosses 4 cr mark

Economy, Wealth Management       Aug 13, 2018

  Leading stock exchange BSE has achieved yet another milestone with its registered investors base crossing the four-crore mark today. The bourse saw its investor base increasing by 14.25 per cent over the previous year, 2.75 per cent over previous quarter and 1.03 per cent over...

FPIs invest Rs 8,500 crore in just 8 sessions in August

Economy       Aug 12, 2018

  Mumbai: FPIs infuse Rs 85 bn in capital markets in just 8 trading sessions have pumped in over Rs 85 billion into the Indian capital markets in the last eight trading sessions on improvement in crude oil prices, stabilising rupee and better corporate earnings.   The...

​​​​​​​Banks collect Rs 5,000 crore from customers in FY18 for breaching min balance

Economy       Aug 05, 2018

  As many as 21 public sector banks and three major private sector lenders collected a whopping Rs 5,000 crore from customers for non-maintenance of minimum balance in their accounts in 2017-18, according to banking data. India's largest lender State Bank of India, which suffered a...

$98 billion worth of deals struck by Indian companies in 2018

Economy       Jul 30, 2018

  Indian companies have been involved in deals worth a record $97.6 billion this year. Top banker JPMorgan Chase & Co. is predicting more offshore interest in the nation, particularly in technology, media and telecom.   Walmart Inc.’s $16 billion acquisition of a majority stake in Indian...

India: Flight cancellations hit over 1.08 lakh IndiGo passengers till May this year: Govt data

Non Life-News       Jul 29, 2018

  Over 1.08 lakh passengers were affected because of the large-scale flight cancellations by IndiGo, government data has revealed. During the first five months of the year, up to May, the no-frills carrier cancelled 1,824 flights, impacting 1,08,549 passengers, the highest among the domestic carriers.   The...

Global 1H Insured Natural Disaster Losses 40% Lower than 10-Year Average: Aon

Disaster Management       Jul 26, 2018

    Global insured losses from natural disasters for the first half were preliminarily estimated at US$21 billion, which is 40 percent lower than the 10-year average of US$35 billion and 19 percent lower than the 18-year average of US$26 billion, according to Impact Forecasting, the catastrophe...

Blockchain can add $5 bn to Indian economy in 5 years: Nasscom

Technology       Jul 27, 2018

  By increasing productivity and reducing cost, Blockchain technology has the potential to create the value of up to $5 billion in India in the next five years, a top official of IT industry's apex body Nasscom has stressed.   "The Blockchain ecosystem is evolving in India....

FPIs selling spree continues; withdraw Rs 12 bn from Indian markets in July so far

Economy       Jul 15, 2018

  Mumbai: Continuing their selling spree, foreign investors have pulled out nearly Rs 12 billion from the debt markets in the first two weeks of the month on higher fuel prices and possibilities of rate hike by the US Federal Reserve.   The latest sell-off comes after...

India:Domestic Passenger vehicle sales rise 38% in June; car sales up 34%

Economy       Aug 14, 2018

  Domestic passenger vehicle sales rose 37.54 percent to 2,73,759 units in June this year from 1,99,036 units in the corresponding month last year. Domestic car sales were up 34.21 percent to 1,83,885 units as against 1,37,012 units in June 2017, according to data released by...

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