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Fed minutes reveal worry over China slowdown

Federal Reserve officials were almost ready to raise interest rates in September but held off because of China?s economic slowdown and its potential to derail U.S. growth and inflation. Minutes of the Sept. 16-17 discussions released Thursday showed the central…

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HDFC Bank?s cash-back scheme

To cash in on the upcoming festival season, HDFC Bank has set aside a budget of about ?7 crore to push a cash-back scheme. Under the scheme, top spending customers will get a cash-back of up to Rs. 7,500 on…

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Paytm eyes Rs 4,000-cr revenue from fastest delivery service

E-commerce firm Paytm is starting a new service ‘Fastest Expert Delivery’ that will ensure that products are delivered within two hours from receiving the orders from customers.The online shopping portal is planning to make an initial investment of Rs 100…

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Bonds end mixed, call rates rule steady

Government bonds (G-Secs) ended mixed on alternate bouts of buying and selling. However, Interbank call money rate ended stable in the absence of any large-scale buying activity. The 7.72 per cent government security maturing in 2025 declined by Rs 101.17…

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Interest subvention scheme soon to boost exports

The Union Government is expected to come out with an interest subvention scheme soon to boost exports. Union Minister of State for Commerce and Industry, Nirmala Sitharaman, told presspersons here on Friday that the reasons were clear for the fall…

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Rupee recovers 20 paise against dollar in early trade

The rupee strengthened by 20 paise to 64.86 against the dollar in early trade on Friday on fresh selling of the U.S. currency by exporters and banks amid firm domestic equity markets. Forex dealers said weakness in the dollar against…

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Cabinet Secretary reviews prices of onions, pulses

At a high-level meeting held here on Friday, Cabinet Secretary PK Sinha reviewed the prices of onions and pulses and urged all relevant central departments to work closely with State governments to rein in prices of these essential commodities. Sinha…

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Cabinet Secretary reviews prices of onions, pulses

At a high-level meeting held here on Friday, Cabinet Secretary PK Sinha reviewed the prices of onions and pulses and urged all relevant central departments to work closely with State governments to rein in prices of these essential commodities. Sinha…

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BSE to auction govt bonds worth Rs 5,500 cr for FPIs on Monday

The Bombay Stock Exchange will on Monday auction investment limits for foreign investors to buy government debt securities worth an estimated Rs 5,500 crore. This would include the increased investment cap announced by markets regulator SEBI earlier this week. The…

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