Dow drops more than 700 points in worst…

Stocks fell sharply on Wednesday as the increasing number of newly confirmed coronavirus cases dampened expectations of an economic recovery.The Dow Jones Industrial Average dropped 710.16 points, or 2.7%, to 25,445.94. The S&P 500 closed…

Cooperative banks to be brought under RBI supervision

The Union Cabinet approved inclusion of co-operative banks under supervisory powers of the Reserve Bank of India, while announcing a Rs 1,542 crore year-long interest subvention scheme for micro loan borrowers. Among a number of…

HG Infra Q4 results: Consolidated PAT up 41%…

New Delhi: HG Infra Engineering Ltd on Wednesday reported a 40.79 per cent jump in consolidated profit after tax to Rs 54.32 crore for the quarter ended March 2020. The company had clocked a consolidated…

Best banking & PSU funds to invest in…

Banking & PSU mutual funds have become one of favourite category of funds to most debt mutual fund investors. A series of defaults and downgrades in the debt mutual fund space in the last two…