SBI reassures NBFCs on liquidity concerns

Mumbai, Sep 23 : The State Bank of India (SBI) on Sunday asked non-banking financial companies (NBFCs) not to worry about credit availability as it would continue to support them. SBI Chairman Rajnish Kumar gave the assurance after the shares of housing finance companies came under sudden heavy selling pressure on Friday amid crisis at […]

Petrol rises to Rs 89.97 in Mumbai, diesel up again

New Delhi, Sep 23 : As transport fuel prices continued their upward run across the metros, petrol was selling three paise short of the psychological Rs 90 per litre mark in Mumbai at Rs 89.97 on Sunday. The price of diesel also continued to scale new highs on Sunday under India’s dynamic pricing regime, after […]

Involve financial advisers, Delhi government tells officials

New Delhi, Sep 23 : The Delhi government has directed all administrative Secretaries to involve Integrated Financial Advisers (IFA) in all proposals related to different departments that have economic and financial implications, official sources said on Sunday. In an official memorandum, the Finance Department said that it had come to notice that IFAs were not […]

Petrol price rises to Rs 89.97 in Mumbai

New Delhi, Sep 23 : As transport fuel prices continued their upward run across metros, petrol was selling Rs 89.97 a litre in Mumbai on Sunday, just 3 paise short of Rs 90. The prices of diesel also continued to scale new highs on Sunday under India’s dynamic pricing regime, after remaining unchanged for four […]

Railways to install latest signalling system on Mathura-Vadodara route

By Arun Kumar Das New Delhi, Sep 23 : Rescinding its earlier decision, the Railways will now push for only an 850 km section between Mathura and Vadodara to be equipped with a modern signalling system at an estimated cost of about Rs 2,000 crore. The proposal to install an automatic train protection (ATP) system […]