Mumbai: The country's current account surplus decreased to $ 15.5 billion in the July-September quarter of the current financial year. It is 2.4 percent of gross domestic product (GDP). The Reserve Bank of India said on Wednesday that in the previous quarter April-June it was $ 19.2 billion, which was...
Wadhawan approaches RBI, CoC with revised offer for DHFL
New Delhi: In a letter to RBI Governor Shaktikanta Das, DHFL administrator R. Subramaniakumar and the Committee of Creditors (CoC), the erstwhile promoter of the bankrupt NBFC said that he would make an upfront payment of Rs 9,000 crore in cash and Rs 31,000 crore will be paid within a...
Deadline for filing income tax returns extended by 10 days
New Delhi: The government has once again relieved the income tax payers. The government has again pushed forward the deadline for filing income tax returns. Now individual taxpayers will have time till 10 January 2021 to file income tax returns for the financial year 2019-20 (assessment year 2020-21). To give...
Stock market closed at record level for third consecutive day
MUMBAI: The domestic stock market has managed to close for a third consecutive day on record day on the back of positive buying from overseas along with positive buying by foreign investors. The stock has gained for the sixth consecutive day. BSE's 30-share sensitive index Sensex rose by 133.14 points...
Bank of Baroda launches digital lending platform
New Delhi: Bank of Baroda, the country's third largest state-run bank, has launched its own digital lending platform. Through this, retail customers will get loans online through paperless process according to the place and time of their choice. Now banks will not have to go round to take loans for...