Pointing sluggish demand in the steel sector, credit rating agency, ICRA in its latest report has said that domestic steel demand fell 1.8 per cent during the first two months of the third quarter of the current financial year (October-November) to 15.4 million tonnes (mt) as compared to 15.7 mt reported in same period last … Read more
State Bank of India (SBI) is currently trading at Rs. 312.35, down by 1.10 points or 0.35% from its previous closing of Rs. 313.45 on the BSE. The scrip opened at Rs. 311.75 and has touched a high and low of Rs. 315.60 and Rs. 308.10 respectively. So far 1248645 shares were traded on the … Read more
Union Bank of India is currently trading at Rs. 54.10, up by 0.20 points or 0.37% from its previous closing of Rs. 53.90 on the BSE. The scrip opened at Rs. 53.75 and has touched a high and low of Rs. 55.10 and Rs. 53.75 respectively. So far 335433 shares were traded on the counter. … Read more
The Citizenship Amendment Bill, 2019, has been tabled by Union Home Minister Amit Shah in the Rajya Sabha. The Bill seeks to grant Indian citizenship to refugees from Hindu, Christian, Sikh, Buddhist and Zoroastrian communities fleeing religious persecution from Pakistan, Afghanistan, and Bangladesh who entered India on or before December 31, 2014. Opposition parties including … Read more
Global rating agency, Fitch Ratings in its latest report has said that India’s non-banking financial companies (NBFCs) will go for offshore financing in 2020 as funding conditions within the local market will continue relatively tight for NBFCs overall, though some improvement since the failure of Infrastructure Leasing & Financial Services (IL&FS) in late 2018. However, … Read more