Non-banking finance companies are facing a tough time with regard to recovery from big projects and that the Reserve Bank of India is aware of their precarious health, officials have told DNA amid concerns arising out of the IL&FS crisis.
Benchmark equity indices opened on a positive note on Friday. At 9:20 am, the S&P BSE Sensex climbed 270.10 points or 0.73 per cent to trade at 37,391.32.
Fuel prices continued to soar on Friday morning as petrol in Mumbai is being sold at an all-time high of Rs 89.69 per litre while diesel at Rs 78.42 per litre.
Domestic stock markets are closed on Thursday on account of Muharram, reported news agency Press Trust of India (PTI).
Domestic stock indices opened on a positive note on Wednesday. At 9:18 am, the S&P BSE Sensex advanced 107.34 points or 0.29 per cent to trade at 37,398.01.
India's largest law firm, Cyril Amarchand Mangaldas or CAM, is being scrutinised by probe agencies after they seized documents related to the Rs. 13,000 crore fraud at state-run Punjab National Bank from CAM's premises in February,
Markets regulator Sebi Tuesday approved a slew of proposals, including revised framework for settlement of cases and new KYC norms for foreign portfolio investors.
Fuel prices yet again witnessed a fresh hike on Tuesday morning, with petrol and diesel being sold at Rs. 82.16 and Rs. 73.87 per litre respectively in the national capital.
The domestic stock markets started Tuesday's session on a positive note.
सरकार ने सोमवार को कहा कि सार्वजनिक क्षेत्र के तीन बैंकों-बैंक आफ बड़ौदा, विजया बैंक और देना बैंक का आपस में विलय किया जाएगा.
The new amalgamated bank will have a total business of more than Rs 14.82 trillion.