March Sees India’s Biggest Monthly Foreign Investor Rout Ever
Foreign institutional investors sold nearly $16 billion worth of equity and debt as of Monday, according to depository data. – NDTV Profit – Latest
Month: March 2020
Government To Borrow Rs 4.88 Lakh Crore In First Half Of FY 2021
Finance Minister Nirmala Sitharaman had in her budget for 2020-21 pegged gross borrowing in the new financial year at Rs 7.8 lakh crore. – NDTV Profit – Latest
Sebi cancels Inter Corporate Financiers and Consultants’ registration
Sebi said that Rishabh Shares and Securities was a registered sub-broker of MG Capital Services. – Stocks-Markets-Economic Times
Govt to borrow Rs 4.88 lakh crore in first half of FY21
FM Sitharaman had said net market borrowing for the year 2019-20 would be Rs 4.99 lakh crore. – Stocks-Markets-Economic Times
FY20 disinvestment mop-up at Rs 50,298 crore, govt misses RE target
In the Budget 2019-20, disinvestment revenue was pegged at Rs 1.05 lakh crore. – Stocks-Markets-Economic Times
Investor wealth plunges Rs 37.59 lakh crore in 2019-20 fiscal
The m-cap of BSE-listed companies had risen by Rs 8,83,714.01 crore to Rs 1,51,08,711.01 crore in 2018-19 fiscal. – Stocks-Markets-Economic Times
Coronavirus | ONGC, IOC and other oil cos contribute over ₹1,031 cr to PM CARES Fund
ONGC was the top contributor with ₹300 crore, followed by IOC chipping in ₹225 crore – The Hindu – Industry
Govt extends term of RBI Deputy Governor Kanungo by one year
The government has extended the tenure of Reserve Bank of India (RBI) Deputy Governor B.P. Kanungo by a year.The Central government has re-appointed – The Hindu – Industry
Fiscal Deficit Touches 135.2% Of Budget Estimate At February-End
The government aims to restrict the fiscal deficit at 3.8 per cent of the GDP or Rs 7.1 lakh crore in 2019-20 – NDTV Profit – Latest
State-Run Banks Allow Borrowers 3-Month Delay In EMIs Over Coronavirus
Last Friday, the regulator announced a slew of steps to strengthen the financial system against the economic fallout from the spread of COVID-19disease. – NDTV Profit – Latest