In the Union Budget presented in February, Finance Minister Nirmala Sitharaman had announced the privatisation of two public sector banks (PSBs)
Infosys was the top gainer in the Sensex pack, rising over 2%, followed by Bajaj Finance, HCL Tech, Tata Steel, Tech Mahindra and NTPC
NBFCs accounted for another 6.85% and other MFIs account for 1.05% of the universe, the report said
Currently, SBI holds 63% stake in SBIFMPL and the 37% stake is held by AMUNDI Asset Management through a wholly-owned subsidiary, Amundi India Holding
The excise duty on petrol rose from Rs 19.48 per litre as on October 5, 2018 to Rs 27.90 a litre as on November 4, 2021
With regard to nomination by holders of physical securities, Sebi said nomination form will be sent out to the security holder accounts in two phases
Employers in the north report the strongest hiring intentions for January-March quarter followed by south and west
ADB said South Asia is forecast to grow at 8.6% in 2021, compared with the September's forecast of 8.8%
India's merchandise exports in April-November 2021 was $262.46 billion, an increase of 50.71% over $174.15 billion in the same period last year
During the month under review, crude petroleum inflation was at 91.74% as compared to 80.57% in October