Tag archive for ‘at’
By Loknath Das On Friday, February 23rd, 2018
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Currency circulation in India at 99% of pre-demonetisation level: RBI data

The demonetisation move on 8 December 2016 sucked out 86% of the currency in circulation. Photo: AP Mumbai: Currency in circulation in India stood at Rs17.78 trillion as on 16 February, reaching 98.94% of the More...

By Loknath Das On Saturday, January 27th, 2018
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Rupee Up 9 Paise At 63.69, Climbs To New 1-Week High

The RBI fixed the reference rate for the dollar at 63.6439 and for the euro at 78.4538. Mumbai: Hardening its bullish stance, the rupee today strengthened by another 9 paise to close at a new one-week high 63.69 More...

By Loknath Das On Friday, January 19th, 2018
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Banking Sector Stares At Additional Rs. 40,000 Crore NPAs

New Delhi: The banking sector fears accretion of more than Rs. 40,000 crore of bad loans to its books following recent classification of eight consortium accounts of Axis Bank as non-performing assets by the RBI. The More...

By Loknath Das On Tuesday, December 26th, 2017
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A Look at the Ever-Changing Car Industry in India

In the old days, owning a car was considered a status symbol but now it is a convenience that everyone has easy access to. Whether you are driving to office or dropping of your children at the school, cars have More...

By Loknath Das On Monday, November 20th, 2017
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Banking Sector Stares At Additional Rs. 40,000 Crore NPAs

New Delhi: The banking sector fears accretion of more than Rs. 40,000 crore of bad loans to its books following recent classification of eight consortium accounts of Axis Bank as non-performing assets by the RBI. The More...

By Loknath Das On Tuesday, October 24th, 2017
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After dim Diwali, real estate firms stare at a dull year ahead

Diwali failed to brighten the real estate industry, which was anticipating sales to rocket in the festive week while the demand outlook continues to remain dim. “Sales did pick up during the festive period but More...

By Loknath Das On Sunday, October 22nd, 2017
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Banking Sector Stares At Additional Rs. 40,000 Crore NPAs

New Delhi: The banking sector fears accretion of more than Rs. 40,000 crore of bad loans to its books following recent classification of eight consortium accounts of Axis Bank as non-performing assets by the RBI. The More...

By Loknath Das On Friday, September 22nd, 2017
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SBI launches India’s first bond index series at London Stock Exchange

State Bank of India (SBI) on Friday launched India’s first bond index series for overseas investors at the London Stock Exchange (LSE). The FTSE SBI Bond Index Series, launched by India’s largest commercial More...

By Loknath Das On Tuesday, September 12th, 2017
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Petrol prices hiked: Rs 79 per litre in Mumbai, at highest since August, 2014

The Indian basket of imported crude oils gained nearly $3.50 a barrel during last week even as petrol prices in the country touched their highest levels since Prime Minister Narendra Modi assumed office three years More...

By Loknath Das On Tuesday, September 12th, 2017
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RBI sets rupee reference rate at 63.9474 against dollar

The Reserve Bank of India on Tuesday fixed the reference rate of the rupee at 63.9474 against the US dollar and 76.5514 for the euro. The corresponding rates were 63.8859 and 76.7334, as on Monday. According More...