SBI rights issue likely on Feb 16-18 SBI rights issue to raise over Rs 16,000 crore is likely to open on February 16-18 and will invite subscription for one month, Finance Ministry sources said here on Friday.
Hedging norms for forex on the cards The Reserve Bank of India (RBI) may soon come out with guidelines on forex derivatives, which is widely expected to discourage banks from trading in foreign currencies other than in Rupee-Dollar.
'MF assets resilient to Jan market crash' Assets being managed by mutual funds mostly remained unaffected by the stock market crash last month as new investors continued to enter at lower levels in search of buying opportunities, research firm Crisil said here on Friday.
Inflation zooms to a 6-month high at 4.11% The country's inflation accelerated to its highest in more than six months as prices of fruits, spices, cereals, bakery products and salt shot up.
Union Minister of Commerce & Industry, Kamal Nath (R) being presented a flower bouquet by A Sakthivel, Vice President, FIEO, at a function in Bangalore on Friday. PTI
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