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  • Pandemic has IFC pumping $1.7 billion into local companies

    This is nearly half of its investment in the whole of South Asia since the pandemic, which touched $3.8 billion as of June 2021

    Money9August 17, 2021/4:34 PM IST
  • Microfinance industry keeps its fingers crossed for recovery

    Industry leaders are hopeful of recovery by Durga Puja time as the repayment has gone up sharply to 90% on an average in July.

    Money9August 17, 2021/4:27 PM IST
  • Sebi cuts lock-in period for promoters to 18 months post-IPO

    The regulator has also reduced the minimum lock-in of pre-IPO securities held by persons other than promoters to six months from the date of allotment

    Money9August 17, 2021/4:19 PM IST
  • Sensex, Nifty scale new peaks; IT stocks shine

    Most sectoral indices on the NSE closed in the red. IT and FMCG stocks led the rally, while metals, banks and financials were under pressure.

    Money9August 17, 2021/4:09 PM IST
  • Sensex, Nifty scale new highs; IT, FMCG stocks rally

    BSE Sensex surged 209.69 points or 0.38% towards the fag-end of the trading session to settle at record 55,792.27

    Money9August 17, 2021/4:04 PM IST
  • Diesel sales fall 15% in first half of August

    The dip in fuel consumption is attributed mainly to travel disruptions caused by the floods in some parts of the country

    Money9August 17, 2021/3:40 PM IST
  • UPI replacing cash in payments ecosystem: Macquarie report

    Credit card's average transaction size at PoS is around Rs 3,600, while average spends per card in a month is around Rs 11,000- 12,000

    Money9August 17, 2021/3:26 PM IST
  • Centre may infuse Rs 5,000 crore capital in three general insurers

    The government is looking at listing National Insurance and Oriental Insurance on the stock exchange after injecting the capital.

    Money9August 17, 2021/3:09 PM IST
  • Broader markets could see more sell-off: Rahul Shah, MOFSL

    Large-caps are now leading the rally and broader markets are seeing profit booking

    Sakshi BatraAugust 17, 2021/3:04 PM IST
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