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RBI slaps Rs 2 crore penalty on PNB for violating SWIFT norms The RBI has slapped a penalty of Rs 2 crore on Punjab National Bank (PNB) for non-compliance of regulatory directions with regard to SWIFT operations.
Read more at India TV.

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Don’t let a loan burden you; follow these steps for better planning Have you ever taken a loan? Did you manage to crack the best deal in the market. One of the things to get a better deal is a good credit report and a good credit score.
Read more at Hindustan Times.

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GST on real estate: What it means for the homebuyer When the Goods and Services Tax (GST) Council meet last week, the outcome was that now real estate developers could choose either to opt for old GST rate with input tax credit benefit or go for the new reduced GST rate without input tax credit.
Read more at Hindustan Times.

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Jet Airways chairman Naresh Goyal steps down, banks take control Jet Airways Chairman Naresh Goyal will step down from the board and reduce his stake in the cash-strapped Indian carrier, the company said on Monday as it closes in on a rescue deal led by state-run banks.
Read more at Hindustan Times.

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Sensex jumps over 150 points; Nifty nears 11,400 The BSE benchmark Sensex rose over 150 points Thursday led by gains in financial stocks amid unabated foreign fund inflow and positive domestic cues.
Read more at Hindustan Times.

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Most popular mutual funds bought and sold in February Inflows into Indian equity mutual funds in February were the smallest in more than two years as savers held back investments amid market volatility and uncertainty ahead of the general election starting next month.
Read more at Hindustan Times.

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Inflation at 4-month high in February, industrial growth slows down Retail inflation inched up to a four-month high of 2.57 per cent in February, though it is still below the RBI’s benchmark, raising hopes of another round of rate cut in April to boost industrial growth which slipped to 1.7 per cent on account of manufacturing sector slowdown.
Read more at Hindustan Times.

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Indian stocks expensive among emerging markets, $1 billion funds manager An economy seen expanding to become the world’s third largest within the next seven years and with greater political stability than many emerging market rivals may be an appealing stock market investment theme. But not right now for Tim Love, who manages about $1 billion of EM equities.
Read more at Hindustan Times.

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The most-volatile stock in India has already surged 116% India’s largest wind-turbine supplier has another title to take note of: It’s the nation’s most-volatile stock after turning from one of this year’s worst to a top performer within a month.
Read more at Hindustan Times.

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Apple supplier Dialog expects revenue fall despite strong 2018 Dialog Semiconductor Plc reported 2018 earnings that beat analyst expectations, but told investors to expect a revenue decline this year as a result of changes to its relationship with largest customer Apple Inc.
Read more at Hindustan Times.
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