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Currency volatility adding to corporate treasury dilemma: KPMG

Currency volatility adding to corporate treasury dilemma: KPMG

The rupee that has depreciated by over 10% in the last one month and is witnessing high volatility is adding to corporate treasury dilemma and especially for companies dealing with…

Muthoot Finance files application for banking licence

Muthoot Finance files application for banking licence

Gold loan company Muthoot Finance had said that it has submitted an application to RBI for a licence to start a bank. “The application for a banking licence is indeed…

WDM witnesses trade worth Rs 3,202.15 cr on NSE

WDM witnesses trade worth Rs 3,202.15 cr on NSE

The Wholesale Debt Market (WDM) segment of the National Stock Exchange today witnessed a total turnover of Rs 3,202.15 crore in 118 trades. Top securities (non-repo) traded at the WDM…

Black money risks at casinos; post offices safe: FATF

Black money risks at casinos; post offices safe: FATF

India needs to take further steps to address the risks of possible money laundering and terror financing activities through casinos, while its vast post office network has been ring fenced…

CNG prices in Delhi hiked by Rs 2 per kg due to weak rupee

CNG prices in Delhi hiked by Rs 2 per kg due to weak rupee

CNG price in national capital was today hiked by Rs 2 per kg, the second increase in rates since January, due to rupee depreciation. Also, piped cooking gas (called PNG…

Sebi may announce new norms for angel investors

Sebi may announce new norms for angel investors

With an aim to encourage entrepreneurship in the country by financing small start-ups, market regulator Sebi plans to bring in new norms for angel investors, who provide funding to companies…

AMFI extends free registration schemes till Sept

AMFI extends free registration schemes till Sept

Association of Mutual Funds in India (AMFI)has extended the free registration schemes for a new cadre of distributors which includes senior citizens and retired teachers by three months till September.…

Govt is ready to take steps to curb rupee volatility: Raghuram Rajan

Govt is ready to take steps to curb rupee volatility: Raghuram Rajan

With the rupee dipping to an unprecedented low level, the government is ready to take step to curb volatility, Chief Economic Advisor to the Finance Ministry Raghuram Rajan said today.…

Indian firm enters Nigeria’s mobile money sector

Indian firm enters Nigeria’s mobile money sector

An Indian firm has entered into a partnership with a Nigerian company to introduce a platform meant to drive mobile money services in this oil rich African country. Chief Executive…

Investors redeem $8 bn from emerging market bond, equity funds

Investors redeem $8 bn from emerging market bond, equity funds

Emerging market bond and equity funds witnessed their biggest weekly redemptions since the third quarter of 2011 as they withdrew more than USD 8 billion last week, according to a…