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MF News
Moody#39;s affirms ratings of 9 banks, downgrades IOB, CBI

Moody#39;s affirms ratings of 9 banks, downgrades IOB, CBI For Axis Bank and ICICI Bank, the agency expects the pace of bad loan formation to decline materially from the very high levels seen fiscal 2017, but to remain elevated.
Mon, 24 Jul 2017 21:36:23 +0530

Govt sent 304 declassified files on Bose to Archives: minister

Govt sent 304 declassified files on Bose to Archives: minister The Prime Minister#39;s Office had sent over 58 files, the Ministry of External Affairs sent 200 such files, the Ministry of Home Affairs sent 37 and the cabinet secretariat sent nine, said Culture Minister Mahesh Sharma.
Mon, 24 Jul 2017 21:14:21 +0530

Growth in India to pick up further in 2017, 2018: IMF

Growth in India to pick up further in 2017, 2018: IMF India will stay ahead of China on the growth curve in 2017 and 2018, said the International Monetary Fund (IMF) while retaining the country#39;s GDP forecast at 7.2 percent for the current fiscal.
Mon, 24 Jul 2017 21:12:21 +0530

NRIs need not give account details if seeking no refund: CBDT

NRIs need not give account details if seeking no refund: CBDT The department#39;s top boss said this when asked to clarify if it was mandatory for Non-Resident Indians (NRIs) to provide the details of their foreign bank accounts in certain return forms like the ITR-2.
Mon, 24 Jul 2017 21:10:36 +0530

SC rejects plea for probe into mass murder of Kashmiri Pandits

SC rejects plea for probe into mass murder of Kashmiri Pandits Kashmiri Pandits were forced to flee the Valley in the early 1990s amid rising threats and attacks during the peak of militancy
Mon, 24 Jul 2017 21:04:21 +0530

21 thermal plants found to be non-compliant with norms: Government

21 thermal plants found to be non-compliant with norms: Government Environment Minister Harsh Vardhan in a written reply in Rajya Sabha said that the compliance with environmental norms in thermal power plants was monitored by the Central Pollution Control Board (CPCB).
Mon, 24 Jul 2017 21:04:19 +0530

Probing 30k cases where ITRs revised after demonetisation, says I-T dept

Probing 30k cases where ITRs revised after demonetisation, says I-T dept The Income Tax returns filed after November 8 last year were scrutinised against their earlier tax compliance following which these cases were detected.
Mon, 24 Jul 2017 21:01:21 +0530

Received more than I have given: President Pranab Mukherjee#39;s last words as India#39;s first citizen

Received more than I have given: President Pranab Mukherjee#39;s last words as India#39;s first citizen The outgoing President stressed on the importance of education and said that the higher educational institutions in the country must promote "innovative thinking" and "autonomy of the mind".
Mon, 24 Jul 2017 20:58:52 +0530

Tata Comm Q1 net profit dips 22% to Rs 33 crore

Tata Comm Q1 net profit dips 22% to Rs 33 crore Tata Communications reported a 22.27 percent fall in its consolidated net profit at Rs 32.94 crore in the April-June quarter.
Mon, 24 Jul 2017 20:57:21 +0530

Union Commerce secy Rita Teotia hopes border row will not hit Indo-China trade

Union Commerce secy Rita Teotia hopes border row will not hit Indo-China trade Union Commerce Secretary Rita Teotia on Monday expressed hope that the current border standoff between India and China will not have any impact on the bilateral trade.
Mon, 24 Jul 2017 20:49:21 +0530

RJD leaders attack Nitish Kumar, accuse him of cosying up to BJP

RJD leaders attack Nitish Kumar, accuse him of cosying up to BJP Two senior RJD leaders targeted Chief Minister Nitish Kumar, accusing him of cosying up to the BJP.
Mon, 24 Jul 2017 20:40:22 +0530

JM Financial net soars 49% to Rs 128.2 crore

JM Financial net soars 49% to Rs 128.2 crore The company#39;s credit business arm for the second quarter in a row had almost no bad assets in its book, primarily because it does not do any unsecured lending.
Mon, 24 Jul 2017 20:38:19 +0530

India jumps to second position on business optimism index: Grant Thorton

India jumps to second position on business optimism index: Grant Thorton Grant Thorton says the confidence in Indian businesses is backed by a buoyant economy and continued reforms
Mon, 24 Jul 2017 20:36:35 +0530

Trade Setup for Tuesday: Top 10 things you should know before Opening Bell

Trade Setup for Tuesday: Top 10 things you should know before Opening Bell If the index closes comfortably over 10K, it will open a window for a fresh target of 10,300 and 10,400, suggest experts.
Mon, 24 Jul 2017 20:27:46 +0530

22 dead, over 30 injured in suicide blast near CM residence in Lahore

22 dead, over 30 injured in suicide blast near CM residence in Lahore A powerful suicide blast near residence-cum-office of Pakistan#39;s Punjab province Chief Minister Shahbaz Sharif in Lahore has killed 22 people.
Mon, 24 Jul 2017 20:26:21 +0530
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