Disclose all cryptocurrency dealings, MCA to India Inc

The Corporate Affairs Ministry has made it mandatory for companies to disclose the profit or loss on transactions involving cryptocurrency or virtual currency. subscribers exclusiveSUBSCRIBER EXCLUSI..

FM Sitharaman tables Economic Survey 2020-21 in Lok Sabha, FY22 GDP growth projected at 11%

FM Sitharaman tables Economic Survey 2020-21 in Lok Sabha, FY22 GDP growth projected at 11%......................et..

FDI worth Rs 26,000 cr received in insurance sector since further opening in 2015: FM

Finance Minister Nirmala Sitharaman on Thursday said India received FDI worth Rs 26,000 crore in the insurance sector after 2015 when the foreign investment limit was raised to 49 per cent from 24 per..

India banning Bitcoin would be a terrible idea

The consequences for India’s economy could be more dire If India proceeds with a rumoured ban on cryptocurrency, it wouldn’t be the country’s first attempt to impose currency controls. This tim..

Tesla to start operations in India early 2021: Nitin Gadkari

Tesla to start operations in India early 2021: Nitin Gadkari...............ET..

Buy MCX aluminium above ₹178

technical analysis commodity markets aluminium SHARE COMMENTS You May Like Coding Classes For Age 6-18 by IIT/ Harvard Team Help us to help you take the informed decision by booking a free tria..

Kalyan Jewellers IPO opens on March 16, price band fixed at ₹86-87/share

Kalyan Jewellers India Ltd has fixed a price band of ₹86-87 per share for its ₹1,175-crore Initial Public Offering (IPO), which will open for subscription on March 16. The offer comprises a fre..

Oil prices rise on expected US economic recovery, likely draw-down in oil stocks

US ‘alarmed’ by frequency of attacks on Saudi Oil prices rose on Tuesday on expectations of a recovery in the global economy after US Senate approval of a $1.9-trillion stimulus bill and on a lik..

D-Street veteran says market set to replicate late-90s story; pharma, IT to lead the way

NEW DELHI: The coming decade will mirror the late 1990s to an extent with the pharma and IT stocks leading the way, says Kenneth Andrade, a Dalal Street veteran and founder of Old Bridge Capital Manag..

View: India poised for a faster V-shaped recovery with a decisive Budget

This is one of the best Budgets in recent times and the much needed recovery in the economy will get momentum with these decisive sets of reforms. The Budget provides for significant increase in th..

Cinemas can run at full capacity, film industry feeling good

Cinema halls will continue to follow other prescribed protocols on sanitisation, face masks, and thermal screening With the Information & Broadcasting Ministry giving its nod to cinema halls to open ..

Commodities strategies: How gold and silver may trade today

MCX Gold February futures held the key support level near Rs 48,600 and witnessed sharp recovery towards the 5 day EMA at Rs 49,240. Meanwhile, price is facing resistance of 21 day EMA (49,560), which..

Why 'Vaccine Maitri' could be a game changer for India's diplomatic strategy

India gifted 49 lakh doses of Covid-19 vaccines to Nepal, Bangladesh, Bhutan, the Maldives and other friendly nations as part of its ‘Vaccine Maitri’ drive. As part of the vaccine diplomacy dri..

Abu Dhabi plans three-pronged Abu Dhabi Hydrogen Alliance to export hydrogen for fuel

Abu Dhabi’s government-run oil company is teaming up with two of its sovereign wealth funds to turn the petroleum-rich emirate into an exporter of blue and green hydrogen. Abu Dhabi National Oil ..

Tractor rally on Republic Day: It's law & order matter, says SC

'Police has all the authority to deal with the matter' The Supreme Court told the Centre on Monday that the proposed tractor rally on the Republic Day by farmers protesting against the new farm laws ..

Hotel occupancy levels improved to 35% in November 2020 on back of domestic travel: JLL

Bengaluru: With the emergence of recovery indicators, the hospitality sector has also witnessed a revival in room night demand in the last quarter of 2020, as compared to the previous quarters of the ..

Asian stocks fall amid concern about Georgia Senate vote

Asian shares fell on Tuesday amid uncertainty about Senate run-offs in Georgia, which could have a big impact on incoming US President Joe Biden's economic policies. MSCI's broadest index of Asia-P..

Aurobindo, COVAXX ink deal to develop, commercialise Covid-19 vaccine for India, UNICEF

Phase 2/3 clinical trials by COVAXX to begin early Q1 2021 in Asia, Latin America, US Aurobindo Pharma Limited and COVAXX, a US-based company, have entered into an exclusive license agreement to deve..

BSE NSE Bulk deals: Invesco MF, Aditya Birla MF, ICICI Pru MF together buy 60 lakh shares of Birlaso

Invesco Mutual Fund, Aditya Birla Sun Life Mutual Fund and ICICI NSE 1.01 % Prudential Mutual Fund together bought 60 lakh shares of Birlasoft through bulk deals on Monday. On the other hand, Edelweis..

Covaxin: Bharat Biotech recruits 13,000 volunteers for Phase-3 trials

‘Overwhelmed’ with response from pan-India volunteers for Covid-19 vaccine, says company Bharat Biotech has recruited 13,000 volunteers for Phase-3 clinical trial of its Covid-19 vaccine candidat..

Gold imports dip 40% in Apr-Nov to $12.3 bn

New Delhi: Gold imports, which have a bearing on the current account deficit, fell 40 per cent to $12.3 billion during April-November due to fall in demand in the wake of the COVID-19 pandemic, accord..

Rupee opens lower, but likely to appreciate

INR opens with a considerable gap-down at 73.75 against USD The rupee (INR) closed last week marginally higher – 73.57 versus its previous close of 73.65 against the dollar (USD). Thus, the domesti..

Santa rally comes early! Wait for 5-10% correction to bet

A lot of the laggards and the not-so great companies have started moving up. From that point of view, I would like to be a bit cautious, says Dipan Mehta, Founder & Director, Elixir Equities. Marke..

No big NPA shock for banks this fiscal: Financial Services Secretary

Debashish Panda says loan repayments up after Unlock Financial Services Secretary Debashish Panda has expressed confidence that there will be no ‘major shock’ till the end of this fiscal year as ..

SBI Research raises FY21 GDP estimate to -7.4% from -10.9% earlier

State Bank of India NSE 0.07 % (SBI) Research has tempered its projection of India’s FY21 growth contraction to 7.4% from -10.9% earlier, on account of its nowcasting model which includes 41 high fr..

Tata Steel teams up for tracking emissions from mine to final product

Releases proof of concept Carbon Tracing Platform that uses distributed ledger technology to track CO2 emissions The World Economic Forum’s Mining and Metals Blockchain Initiative has released a pr..

So, who is ahead in the final race for DHFL

MUMBAI: It’s a toss-up between Oaktree Capital and Piramal Enterprises after they trumped Adani Properties in the fourth round of bids submitted on Monday for the troubled mortgage lender Dewan Hous..

Covid-19: Russia’s Sputnik V vaccine confirms 91.4% efficacy

Data to be submitted for accelerated registration internationally Russia’s Sputnik V vaccine has demonstrated an efficacy of over 90 percent, according to the Gamaleya Center and the Russian Direct..

Gold eases as vaccine roll out counters US stimulus optimism

Dec 14: Gold eased on Monday as the roll out of coronavirus vaccines in the United States lifted risk sentiment, offsetting support from hopes for more U.S. economic stimulus and a weaker dollar. F..

Burger King India shares soar in market debut

Burger King India jumped nearly 88 per cent in its market debut on Monday, after it raised about $110 million, signalling upbeat sentiment for the country's food service sector. Share of the compan..

Daily Rupee call: INR faces major hurdle

The rupee (INR) gained about half a per cent in last session following a sharp rally in the second half of last session as it ended the session at 73.52 versus 73.9 – its Monday’s close. As a resu..

JP Morgan says gold will suffer for years because of bitcoin

By Eddie Spence The rise of cryptocurrencies in mainstream finance is coming at the expense of gold, says JP Morgan Chase & Co. Money has poured into Bitcoin funds and out of gold since October,..

Jet Airways jumps 5% on hopes on revival of operations by summer of 2021

MUMBAI: Jet Airways (India) hit the upper circuit as it jumped 5 per cent on hopes the airline will get operational by the summer of 2021. At 9:43 am, Jet Airways was up 5 per cent at Rs 75.60, whi..

President Trump to order priority access to Covid-19 vaccines in US

Trump has faced sharp criticism for his handling of the pandemic President Donald Trump will sign an executive order on Tuesday to ensure that priority access for Covid-19 vaccines procured by the US..

RBI Monetary Policy Live Updates: What RBI did in its last policy review of 2020

On Tap TLTRO– extension of sectors and synergy with ECLGS 2.0 The on tap targeted long term repo operations announced on 9th October, 2020 will be expanded to cover other stressed sectors in synerg..

Bank of India to acquire 49% stake each in BOI AXA Investment Managers, BOI AXA Trustee Services

After the transaction, the lender will hold 100% equity shares in the two firms Bank of India (BoI) on Thursday said it will purchase 49 per cent stake each in BOI AXA Investment Managers Pvt Ltd (BA..

Bank of India to acquire 49% stake each in BOI AXA Investment Managers, BOI AXA Trustee Services

After the transaction, the lender will hold 100% equity shares in the two firms Bank of India (BoI) on Thursday said it will purchase 49 per cent stake each in BOI AXA Investment Managers Pvt Ltd (BA..

Half of NBFCs which qualify for bank licence are corporate-owned

(This story originally appeared in on Nov 24, 2020) MUMBAI: Around half of the finance companies with assets of over Rs 50,000 crore that meet the RBI’s size criteria to get a bank licence are par..

Poorest will be trampled in stampede for vaccines, cautions WHO chief

About $4.3 bn needed just this year to support mass delivery of Covid-19 tests, treatments As governments across the world pull out all stops in procuring vaccines for their citizens, the World Healt..

In India’s post-Covid hunt for cash, banking may go from being state-dominated to tycoon-led

By Andy Mukherjee Is India opening the door for big businesses to take over its banking industry? A working group set up by the Reserve Bank, the regulator, has suggestions for what to do with own..

US readies list of 89 Chinese firms with military ties for trade curbs

The draft rule identifies Chinese and Russian companies that the US considers “military end users” The Trump administration is close to declaring that 89 Chinese aerospace and other companies hav..

Lakshmi Vilas Bank: The rise and fall of a 94-yr-old troubled bank from Tamil Nadu

(This story originally appeared in on Nov 18, 2020) Chennai: The proposed amalgamation of Lakshmi Vilas Bank NSE -19.94 % (LVB) with DBS Bank of Singapore brings the curtains down on a 94-year-old i..

Is Reliance Industries really net debt-free?

While RIL did raise funds in excess of its stated outstandings, its rather liberal definition of net debt is problematic Reliance Industries Limited (RIL) declared in July that it has become net debt..

2.65-lakh-crore stimulus package: Dhanteras gift for housing, stressed sectors

Finance Minister Nirmala Sitharaman - Bloomberg MSMEs, healthcare, farming too get funds; focus turns on job creation In keeping with the spirit of Dhanteras — worship of Dhanvantari, the God..

Mukesh Ambani takes on Amazon in India's $200 billion market

by Saritha Rai, P R Sanjai and Bhuma Shrivastava Billionaire Mukesh Ambani obliterated rivals in India’s telecommunications sector by selling $2 data plans and free voice calls. Four years later,..

Economy rebounds faster than contact-intensive service sectors, says RBI official

‘Contraction in economy is ebbing with gradual normalisation in activities’ You have reached your weekly free article limit. To get full access, please subscribe. 1 Month Plan Rs.199 STAR..

Motilal Oswal's 10 stock picks for 40% returns in Samvat 2077

Motilal Oswal Financial Services says the overall structure of the market remains positive. "At 18 times FY22 earnings, Nifty valuations are also not very expensive as they are trading closer to the l..

‘General insurance business may reach pre-lockdown levels by mid-2021’

The general insurance industry is likely to bounce back to pre-Covid19 levels by mid-to-late 2021, according to Anup Rau, Managing Director and Chief Executive Officer, Future Generali India Insurance..

Saudi Aramco-Reliance deal talks regain momentum, sends RIL stock rising

NEW DELHI: Shares of Reliance Industries were trading nearly 1 per cent higher in Monday's trade amid an ET NOW report suggesting that deal talks with Saudi Aramco for selling of stake in oil-to-chemi..

US Election Results Live Updates: Georgia will conduct an audit before certifying the winner of Trum

President says in areas where he had been leading, tallies were being "whittled down". !1 New UpdateClick here for latest updates 10:12 AM Two Senate allies of Donald Trump have reportedly warned..

Insider trading: SAT upholds SEBI disgorgement order against Reliance Industries

Co to challenge SAT order in Supreme Court SEBI’s disgorgement order against Reliance Industries (RIL) in an insider trading case has been upheld by the Securities Appellate Tribunal. SAT said RIL�..

How the govt is handling a recovering economy

rom next year onwards,we see a very solid growth in our economy., says Ajay Bhushan Pandey, Finance Secretary, Govt of India. The budget-making exercise has been kickstarted by the finance ministry..

Big Story Podcast | Trump or Biden: Who’ll bring cheer to the stock markets?

Trump is undoubtedly a cheerleader of the US stock market, but Biden promises stability and a coherent plan to lead the US out of the pandemic and recession This week, the citizens of the United Stat..

RIL Q2 results preview: Profits may fall up to 34% YoY; retail biz performance in focus

Mumbai: Mukesh Ambani-controlled Reliance Industries may report an up to 34% year-on-year (YoY) drop in its profit when it unveils its September quarter earnings on Friday. The company may, however, l..

Amazon writes to Sebi, bourses on Future-RIL deal

E-commerce giant Amazon has written to markets regulator Securities and Exchange Board of India (SEBI) and stock exchanges, urging them to take into consideration the Singapore arbitrator’s interim ..

Trump administration proposes to scrap computerised lottery system to select H-1B visas

BENGALURU: The Donald Trump administration said it would replace the lottery based selection process for H-1B visas with wage-level based selection in a move to “better protect the economic interest..

Interest waiver: Lenders, credit bureaus race against time to identify borrowers

Home and property loans largest in terms of value; consumer, personal loans by number With less than 10 days to go, lending institutions and credit bureaus are racing to implement the ex gratia inter..

NSDL increases Airtel's foreign ownership limits to 100%; stock up 12%

Shares of telecom operator Bharti Airtel NSE 6.31 % rallied as much as 12% to Rs 484 on Wednesday after National Securities Depository (NSDL) increased its foreign ownership limits (FOL) to 100% from ..

Spot gold may test support at $1,887

Spot gold may test a support at $1,887, as the bounce triggered by this support is ending around a resistance at $1,912 per ounce................BL..

Consumer goods makers get festive booster shot

(This story originally appeared in on Oct 27, 2020) NEW DELHI: The festive season has provided some much-needed cheer to the corona-hit consumer goods industry, with retail sales in the 10-day Navra..

Kotak Mahindra Bank Q2 profit up 27%

Private sector lender Kotak Mahindra Bank reported a 26.7 per cent increase in standalone net profit to ₹2,184.84 crore from ₹1,724.48 crore in the second quarter this fiscal, led by a sharp rise ..

IndusInd Bank denies takeover talks with Kotak Mahindra Bank

MUMBAI: Private lender IndusInd Bank NSE 2.33 % denied having any exploratory takeover talks with peer Kotak Mahindra Bank NSE 0.10 % and said the former has unstinted support from its promoters, the ..

Arbitrator stays Future-RIL deal on Amazon complaint

The former Attorney-General of Singapore, V.K. Rajah, in his order said an interim stay was prudent as the deal was ‘disputed’ The arbitrator looking into the dispute between Amazon and Future gr..

Jhunjhunwalas just picked up two new stocks, hiked stakes in 6 others

Big Bull Rakesh Jhunjhunwala, whose net worth has jumped 45 per cent since March lows on the rebound in stocks, raised his stake in at least eight companies during the September quarter. Data showe..

Will red-hot copper sustain at $7,000/t level?

Analysts advise caution as speculative froth is building up On Wednesday, copper futures in LME hit the level of $7,000/tonne after almost two years (after November 2018). On Thursday, technical prof..

Reliance Retail gets subscription amount of ₹3,675 crore from General Atlantic

Reliance Retail Ventures Ltd (RRVL), a wholly-owned subsidiary of Mukesh Ambani-controlled Reliance Industries Ltd (RIL), has received subscription amount of ₹3,675 crore from General Atlantic Singa..

Amazon, Flipkart combined festive sales hit $3.5 billion

India’s biggest e-commerce players by market share, Amazon and Flipkart, have together raked in $3.5 billion (about Rs 26,000 crore) during the first four days of their flagship festive season sales..

Reliance among 30 companies in negative list: Amazon to arbitrator

SHARE SHARE SHARE SHARE SHARE COMMENT E-comm giant prefers sale of Future Retail stake to Premji Invest Amazon favours Future Retail selling a stake to Premji Invest and not to Reliance Industrie..

US Presidential election 2020: Second Trump-Biden debate to feature a 'mute' button, organizers say

WASHINGTON: The final debate between President Donald Trump and Democratic rival Joe Biden will feature a mute button to allow each candidate to speak uninterrupted, organizers said on Monday, looking..

Troubled DHFL's jailed promoter Kapil Wadhawan offers to settle all claims, loans

MUMBAI: Kapil Wadhawan, the jailed promoter of troubled Dewan Housing Finance Corporation Ltd (DHFL NSE 9.92 %), has offered to settle all claims and loans of his now insolvent non-bank lender. Wad..

Why HDFC Bank Q2 performance suggests re-rating of the stock in the coming months

Prudent provisioning and recovery trends in retail segment, point to healthy earnings improvement in the H2 of FY21 Even as high-yielding retail loans continued to deliver muted growth, core net inte..

To lock down or not? Amid widespread virus resurgence, experts spar over what to do

Mumbai: Experts in Europe and America are divided over what should be the course of action in dealing with the coronavirus pandemic. The stalemate is over whether countries should protect the vulne..

Employees opting for lower income tax rate ‘not eligible for LTC cash voucher scheme’

Scheme's exemption element not compatible with I-T plan based on reliefs foregone An employee, who opts for the income-tax structure with lower rates subject to forgoing exemptions, will not be eligi..

Reliance's retail arm receives Rs 5,550 crore from KKR for 1.28% stake sale

New Delhi: Reliance NSE -1.00 % Industries Ltd (RIL) on Thursday said it has received Rs 5,550 crore from global investment firm KKR, which has picked up 1.28 per cent stake in its retail arm. Earlier..

Vodafone Idea CTO quits, cites personal reasons

Vishant Vora moving back to the US, according to company Vishant Vora, Chief Technology Officer of Vodafone Idea Ltd (VIL), the telecom operator providing services under the brand Vi, has put in his ..

In first presidential debate, Trump questions India's coronavirus data

CLEVELAND: US President Donald Trump on Tuesday questioned the credibility of India's statistics on Covid-19 deaths, lumping in the US partner with nemeses China and Russia during a fiery pre-election..

Q2 results: Banks to see muted growth, signs of some stress

Temporary reprieve with SC adjourning loan moratorium hearing to Oct 5 Banks seem to have got a partial reprieve for now, with the Supreme Court adjourning the hearing on the loan moratorium to Octob..

RBI may pick Lakshmi Vilas Bank CEO from names given by bank

KOLKATA: The Reserve Bank of India (RBI) may select the next chief executive of Lakshmi Vilas Bank NSE -2.48 % from a panel of candidates that the lender had sent the regulator a few months back, two ..

Why privatisation of public sector banks won't work

US private banks fail routinely and are bailed out with public funds. Rajan, Acharya should know our depositors deserve better Raghuram Rajan and Viral Acharya, former governor and former deputy gove..

BPCL exec says privatisation will unlock value for company

NEW DELHI: Privatisation of Bharat Petroleum Corp will unlock value by increasing investment and technology, its chairman told a shareholders meeting on Monday. "This (privatisation) is expected to..

RBI policy: Inflation aside, stance on monetising government debt will be in focus

The bond markets have been in a tizzy with the recent deadlock in government bond auctions With persisting elevated levels of inflation, the Monetary Policy Committee (MPC) is expected to hold its ke..

Telcos split over timing of 4G spectrum auction

Mumbai: Telcos are split over when 4G spectrum auctions should be held. While Reliance Jio is pushing hard for the bidding to take place at the earliest, Bharti Airtel and Vodafone Idea (Vi) are in no..

India Ratings maintains negative outlook on NBFC, HFC sectors for H2 FY21

SHARE SHARE SHARE SHARE SHARE COMMENT India Ratings, on Thursday, said it has maintained a negative outlook on the non-banking finance company and housing finance company sectors for the second ha..

View: The real scale of Modi's farm bet, a move that carries significant political risk

By Andy Mukherjee Big changes are afoot in Indian agriculture, driven by Prime Minister Narendra Modi at considerable political risk. Freeing up farming markets may be as significant as dismantling..

Day Trading Guide for September 24, 2020

SHARE SHARE SHARE SHARE SHARE COMMENT ₹1047 • HDFC Bank S1 S2 R1 R2 COMMENT 1035 1020 1060 1075 Consider initiating fresh long positions with a stiff stop-loss if..

Route Mobile lists at 105% premium over issue price

NEW DELHI: Route Mobile made a strong stock market debut on Monday as the scrip got listed at Rs 717, a 104.86 per cent premium over its issue price of Rs 350 on NSE. Meanwhile, on BSE it listed at Rs..

What made India the biggest buyer of US treasury securities in Apr-July

The RBI has been trying to keep rupee from appreciating too much by buying dollars With the Federal Reserve on a dollar printing spree to save the American economy from a deeper pandemic hit, the sup..

Happiest Minds lists at 111% premium over issue price, beats DMart, IRCTC

NEW DELHI: Shares of Happiest Minds Technologies witnessed a stellar debut on Thursday as the scrip got listed at Rs 351 on BSE, a 111 per cent premium over its issue price of Rs 166. With this, the s..

Govt clueless on number of jobs lost during pandemic

To questions in RS, Labour Minister gives FY19 NSO numbers The Centre does not seem to have data on the jobs lost during the pandemic, as the answers given by the Labour Ministry in the Rajya Sabha o..

Auto industry crippled as Covid-19 terrorises the world

SHARE SHARE SHARE EMAIL SHARE COMMENT India has added problems on its plate, such as unsold BS-IV stocks The Ides of March is one of the most famous lines from William Shakespeare’s ma..

Coronavirus impact: Hikes, bonuses on the block as IT firms get ready for slump

Bengaluru: India’s IT services companies may freeze pay hikes and cut bonuses to deal with the business slowdown sparked by shutdowns due to the Covid-19 outbreak globally, replicating moves made du..

Gold imports dip 8.86% to $27 billion during April-February 2020

SHARE SHARE SHARE EMAIL SHARE COMMENT Gold imports, which have a bearing on the country’s current account deficit (CAD), fell 8.86 per cent to USD 27 billion (about Rs 1.90 lakh crore) du..

IndusInd Bank plunges 19% on worries over telecom exposure

Shares of IndusInd BankNSE -28.17 % cracked as much as 19 per cent in Wednesday’s trade following Supreme Court order to telcos, saying the self-assessment of AGR dues is violation of court order. T..

US begins clinical trial of vaccine for coronavirus

Supported by a global coalition founded by India and Norway, the US has begun the phase one clinical trial of an investigational vaccine designed to protect against the coronavirus disease which has c..

Silver prices down 2% as traders prefer to sit on cash

Silver futures dipped about 2 per cent in Tuesday’s trade as investors continued to sell assets to keep their money in cash because of heightened concerns over the economic toll of the coronavirus o..

Scientists in Israel likely to soon announce the development of coronavirus vaccine

JERUSALEM: Scientists in Israel are expected to announce in the coming days that they have completed development of a vaccine for the new coronavirus COVID-19, according to a media report here. Quo..

Speculative froth vanishing as gold starts to melt

SHARE SHARE SHARE EMAIL SHARE COMMENT Contrary to wild predictions of an imminent rally towards $2,000 a troy ounce, gold actually lost significant value last week as part of the overall gl..

Coronavirus: Schools, colleges, cinema halls shut in Delhi till March 31

Arvind Kejriwal - PTI SHARE SHARE SHARE EMAIL SHARE COMMENT The Delhi government on Thursday declared coronavirus an epidemic and announced that all schools, colleges and cinema h..

Coronavirus impact: Nifty 50 may slip below 10,000 mark

Blue-chip Nifty 50 stock index is likely to slip below the 10,000 level on Thursday after the coronavirus outbreak was declared a pandemic and as the United States' suspension of all travel from Europ..

Falling crude’s not good news for big importer India, stocks

ET Intelligence Group: A sharp fall in global crude oil prices has prompted market commentators and portfolio managers to suggest the current weakness in the domestic equity market is a buying opportu..

AT-1 bonds: Have Indian rating agencies been less prudent than global counterparts?

Because of the rating, retail investors often ignore the higher risks on these bonds The Additional Tier-1 bonds (AT-1) issued by banks are inherently risky as they can be written down or converted..

Oil rises for 2nd day amid hopes for output cut by US producers

TOKYO: Oil prices climbed for a second day on Wednesday, lifted by hopes that US producers will cut output, but gains were limited compared with Monday's crash after Saudi Arabia and Russia triggered ..

Oil rises for 2nd day amid hopes for output cut by US producers

TOKYO: Oil prices climbed for a second day on Wednesday, lifted by hopes that US producers will cut output, but gains were limited compared with Monday's crash after Saudi Arabia and Russia triggered ..

What should YES Bank customers and investors do now?

Customers should quickly rope in alternative accounts; for investors, wait-and-watch may work best The RBI on Thursday capped deposit withdrawals at ₹50,000 per account for a month (till April 3)..

Gold prices today jump as traders rush to safe havens

Read more at: https://economictimes.indiatimes.com/markets/commodities/news/gold-prices-today-jump-as-traders-rush-to-safe-havens/articleshow/74504319.cms?utm_source=contentofinterest&utm_medium=text..

Trade impact of Coronavirus for India estimated at $348 mn: UN report

SHARE SHARE SHARE EMAIL SHARE COMMENT RELATED On the other hand We are missing the coronavirus bus Coronavirus close home: As the markets swoon, what should investors do? Global air carg..

Coronavirus fears slash crude prices, and that’s good for many cos

Mumbai: A sharp fall in crude oil prices is good for companies spanning industry sectors such as oil marketing, paints, tyres, speciality chemicals, plastic piping, aviation, and cement who use it as ..

SBI Cards IPO: Should you subscribe?

SHARE SHARE SHARE EMAIL SHARE COMMENT RELATED SBI Cards IPO: Anchor book gets strong response SBI Cards IPO: ‘Left a lot on table for investors’, says MD & CEO Prasad The valuation i..

SC allows trade in cryptocurrency, quashes RBI curb

The Supreme Court on Wednesday struck down the curb on cryptocurrency trade in India. “SC rules curb on crypto currency trade illegal,” the report said while adding that the order lifted ban on tr..

India on high alert with two new cases of coronavirus

12 evacuees including 36 foreign nationals who were air-lifted from Wuhan, China following out-break of the deadly novel coronavirus, being quarantined by the ITBP Quarantine Facility, at Chhawla Camp..

Crude oil rises a 2nd day as stimulus hopes, expected Opec cuts offset virus

SEOUL: Oil prices rose for a second day on Tuesday on expectations that central banks are likely to enact financial stimulus to offset the impacts of the coronavirus outbreak and growing optimism that..

Bank unions defer 3-day strike call from March 11

The call to defer the strike followed talks with IBA, Bank unions The three day all-India bank strike from March 11 stands deferred following the bipartite talks between IBA and bank unions on Febr..

Crude oil prices bounce from multi-year lows on hopes of Opec+ cut

SINGAPORE: Oil prices pared losses after earlier hitting multi-year lows on Monday as hopes that a bigger than expected production cut from Opec and stimulus from central banks could offset economic g..

World faces coronavirus pandemic; markets brace for global recession

Markets fall for sixth consecutive session The world prepared for a coronavirus pandemic on Friday as hopes the disease could be contained to China vanished and investors dumped equities in expecta..

Auto stocks tank nearly 9% as coronavirus outbreak disrupts supply chains

BSE-listed auto stocks plummeted nearly 9 per cent on Friday as supply chain disruptions due to coronavirus outbreak dented the outlook of the industry, which saw its worst-ever sales decline in two d..

Gold declines ₹62 on stronger rupee, silver tumbles ₹828

SHARE SHARE SHARE EMAIL SHARE COMMENT Gold prices on Wednesday declined by ₹62 to ₹43,502 per 10 gram in the national capital on stronger rupee, but worries over spreading coronavirus c..

Coronavirus: India brings back 36 foreigners and 76 nationals from Wuhan

Prime Minister Narendra Modi had written to President Xi Jinping on 8 February expressing the solidarity of the people of India and the Indian Government with the people and Government of China and al..

Wall Street's sell-off deepens as coronavirus fears intensify

All S&P sectors lose ground, energy falls most The Dow and the S&P 500 tumbled 3 per cent on Tuesday in their fourth straight day of losses as the coronavirus spread further around the world and in..

Bullish on consumption story? SBI Cards IPO looks a good bet

ET Intelligence Group: SBI Cards & Payment Services (SBI Cards), a credit card subsidiary of SBI will raise Rs 500 crore through fresh issue of shares and up to Rs 9,854 crore through offer for sale o..

Gold jumps over 2% as virus spread spurs safe-haven demand

Gold prices climbed more than 2% on Monday to their highest since February 2013, as a spike in coronavirus cases in several countries outside China heightened worries about a hit to global economic gr..

European stocks tumble as virus fears mount

SHARE SHARE SHARE EMAIL SHARE COMMENT European stocks and U.S. equity futures tumbled on Monday and havens surged as the increase in coronavirus cases outside of China roiled risk assets. T..

Oil prices slip as coronavirus concerns linger

SINGAPORE: Oil prices slipped on Tuesday on lingering concerns over the economic impact of the coronavirus outbreak in China and its effect on oil demand, tracking losses in financial markets. Bren..

Gold flat as new virus cases fall, but concerns remain

SPDR Gold Trust ETF holdings jump to over 3-month high Gold was little changed on Wednesday, as equities rose after the number of new coronavirus cases fell, while uncertainty over the economic imp..

IDBI Bank reports net loss of Rs 5,763 crore in Q3 of FY20

SHARE SHARE SHARE EMAIL SHARE COMMENT RELATED IDBI Bank, BSE, Coal India Siemens results eyed IDBI Bank reported a huge net loss of Rs 5,763 crore in the third quarter against a net los..

Oil prices rise as new virus cases slow, easing Chinese demand concerns

SEOUL: Oil prices rose for a second day on Wednesday amid preliminary signs that new coronavirus cases are slowing in China, easing concerns over the demand impact from the disease in the world's seco..

Oil slides lower as traders evaluate China's demand, await OPEC+ cuts

Oil prices slipped lower on Monday as traders assessed China's oil demand following the coronavirus outbreak and waited to see if major producers would cut output further to balance markets. Oil is..

A questioning mind is what works best in investing: Shankar Sharma

In life, what are you thankful for ? What is it that you are most thankful of – money, family, knowledge, recognition? Oh I am thankful for everything. I would not change even a single thing in my ..

Oil prices fall on oversupply worries as coronavirus outbreak hits China demand

SHARE SHARE SHARE EMAIL SHARE COMMENT Oil prices on Monday extended their decline from an early January peak above $70 as the spectre of excess supplies loomed over the market after the spr..

Panel mulls drug export curbs to avoid shortage

NEW DELHI: A high-level committee constituted by the Department of Pharmaceuticals (DoP) is contemplating restrictions on the exports of some crucial antibiotics and vitamins in light of the coronavir..

Indian banking system at the cusp of huge growth in next decade: TCS executive

Rajesh Gopinathan, CEO of TCS SHARE SHARE SHARE EMAIL SHARE COMMENT RELATED TCS wins $1.5-b mega contract from Walgreens Indian banking system may be staring at big challenges, b..

Oil climbs after Russia backs possible output cuts

TOKYO: Oil prices rose on Friday after Russia said it backs a recommendation for the OPEC and its producer allies to deepen output cuts amid contracting demand for crude as China battles the coronavir..

Oil rises amid optimism over possible advances in combating the coronavirus outbreak

US West Texas Intermediate futures gained $1.08, or 2.1 per cent, to $51.83 a barrel after rising 2.3 per cent on Wednesday. File Photo - Reuters SHARE SHARE SHARE EMAIL SHARE COMMENT..

Two things about Modi's LIC move leave many MPs curious

NEW DELHI: As the government prepares for discussion and passage of the Finance Bill after the motion of thanks to the President’s address is passed by Parliament, considerable curiosity is building..

Coronavirus could hurt global growth

Slowing Chinese consumption demand will hit the world economy even as it’s trying to recover from the US-China trade war It was Great Monday for Elon Musk, one of the maverick geniuses of our tim..

Oil prices climb as Opec, allies weigh output cuts to cushion coronavirus impact

SINGAPORE: Oil prices rose on Wednesday, reversing out of a 1 per cent slump in the previous session, boosted by producers weighing further output cuts to counter a potential squeeze on global oil dem..

Cornavirus: Death toll rises to 425 in China

The latest figures are up from 361 deaths and 17,205 confirmed cases. SHARE SHARE SHARE EMAIL SHARE COMMENT RELATED Coronavirus: Quarantined, but far from safe Total number of case..

Oil in virus-driven bear market has urgent OPEC+ seeking fix

Oil traded back above $50 a barrel after falling into a bear market before OPEC and its allies gather Tuesday for an urgent meeting to assess the impact of the coronavirus on global demand. While f..

Chinese stocks crash as coronavirus outbreak infects markets

More than 2,600 stocks fell by the 10 per cent daily limit Chinese stocks collapsed on Monday with hundreds of firms plunging by the maximum 10 per cent as investors got their first chance in more ..

‘Tax tweak, farm income boost may lift gold demand’

Gold traders are upbeat that the measures proposed in the Budget to boost farmers' income and reduce taxes for the middle class will boost demand for gold jewellery. Demand for gold last year had d..

FinMin summons Infosys on GST tech glitches

With complaints rising against the IT system of Goods & Service Tax (GST), the Finance Ministry has summoned Infosys on Friday to seek an explanation. Infosys is the technology service provider for GS..

Gold eases on China data, but set for monthly gain amid virus fears

Gold prices inched lower on Friday after surveys showed Chinese manufacturing activity held steady in January and services firmed, although concerns over the coronavirus and its economic impact kept t..

Diamond exports to China, the Far East likely to come down

Kolkata: Diamond exports to China and the Far East are likely to suffer owing to the outbreak of coronavirus, said exporters, especially since the region accounts for nearly 30 per cent of India’s t..

If the Budget hikes FDI limit in insurance to 74%, will it bring in more capital?

Just 8 private life insurers and 4 general insurers have increased foreign promoter holding to 49% since the limit was raised in 2015 BL Research Bureau..............BL..

Coronavirus: Death toll passes 130 in China

Fears of the spreading virus have already pushed airlines around the world to reduce flights to China The death toll from a new coronavirus in China rose sharply to 132 on Wednesday with nearly 1,5..

Ahead of Trump visit: India and US set to finalise $10-billion trade deal in February

NEW DELHI: India and the US are likely to finalise a mega trade deal pegged above $10 billion (more than Rs 71,000 crore) next month when United States Trade Representative (USTR) Robert Lighthizer vi..

Q3 Comment | Why Bank of Baroda Q3 performance suggests more pain ahead

Sharp rise in slippages, steep divergence and weak core performance are a cause for worry ....................BL..

Gold rises to over 2-week high as China virus spreads

Gold prices climbed to a more than two-week high on Monday as rising concerns over the spread of a virus outbreak in China and its potential economic impact prompted investors to buy the safe-haven me..

Supreme Court dismisses telcos plea seeking relief from AGR dues of ₹1.47 lakh crore

SHARE SHARE SHARE EMAIL SHARE COMMENT Verdict may force Voda-Idea to shut shop, say analysts In a setback to telecom operators Bharti Airtel and Vodafone-Idea, the Supreme Court on Thurs..

Sebi allows stock exchanges to launch 'option in goods' in commodities

Mumbai: The Securities and Exchange Board of India (Sebi) said on Thursday said that stocks exchanges can launch ‘option in goods’ in their commodity derivatives segment. This is in addition to..

Jhunjhunwala cuts stake in Federal Bank, 3 others in Q3; laps up Titan

NEW DELHI: Ace investor Rakesh Jhunjhunwala trimmed holdings in at least four of his portfolio stocks, December shareholding data available for a dozen of his portfolio stocks showed. The Big Bull hel..

Oil prices jump as China agrees to more US energy purchases

Oil prices rose on Thursday, propelled higher by the long-anticipated signing of an initial trade deal between Washington and Beijing that sets the stage for a potentially huge increase in energy supp..

Asia stocks slip ahead of US-China trade deal signing

Stocks slipped in Asian trade on Wednesday as investors awaited the signing of an initial US-China trade deal, with sentiment somewhat dented by comments from the US Treasury Secretary that tariffs wo..

Gold rate today: Bullion jumps as US clarifies China tariffs in place till Phase 2 deal

Bullion counters were trading in the green in Wednesday’s trade as traders rushed to safe-haven commodities after the US Treasury Secretary said that tariffs on Chinese products would remain in plac..

Regulators must act before curtains come down on YES Bank

Before it results in a tragedy for the banking system, regulators need to step in and end the farce called YES Bank. The latest shenanigans make it very clear that the authorities need to stop being s..

Precious Metals: Gold, silver slump in futures trade amid low demand

Gold prices on Monday fell by Rs 171 to Rs 39,700 per 10 gram in futures trade as participants cut down their bets amid a weak global trend. On the Multi Commodity Exchange, gold prices for deliver..

Gold demand takes a hit as prices hover above Rs 40,000

With marginal dips, experts see one-side rally in gold prices amid war fears Gold prices on Wednesday gained over one per cent or Rs 500 per 10 grams in futures hitting Rs 41,200 per 10 grams for M..

MF stake hits lowest in YES Bank since 2013, multi-year low in many PSBs

NEW DELHI: Shares of private lender YES Bank and a host of public sector lenders were on mutual funds’ sell radar in the three months ending December 31. In fact, mutual fund stake in most of these ..

Outlook turns bullish for MCX-Zinc

The January futures contract of Zinc Mini on the Multi Commodity Exchange of India rallied in the past week and it eventually broke out of the range between ₹178.75 and ₹182.85. After advancing to..

Board Meetings Today: YES Bank, Emami Realty, Uttam Galva Steels and Infosys

Corporate actions can often hold a lot of cues not just about how a business is doing but also how the stock is going to perform in the near term. There are corporate actions that often bring material..

NSE slashes fine on non-genuine trades

SHARE SHARE SHARE EMAIL SHARE COMMENT The penalty structure for abnormal or non-genuine trades in the equity, commodity, currency cash and derivative segments has been reduced to 15 per cen..

Gold imports may fall 60% in Jan as US-Iran standoff triggers price rise

Gold imports are likely to more than halve year-on-year this month to 20-25 tonnes as the rising tension in West Asia due to the US-Iran standoff has triggered a sharp spike in international prices of..

Gold races to near 7-year peak after Iran strikes on US forces

Gold soared as much as 2% on Wednesday to vault over the $1,600 ceiling for the first time in nearly seven years, as investors flocked to safe havens, after Iran launched retaliatory missile strikes a..

Iran fires more than a dozen missiles at US forces in Iraq

BAGHDAD/WASHINGTON:Iran launched missile attacks on U.S.-led forces in Iraq early on Wednesday in retaliation for the U.S. drone strike on an Iranian commander whose killing last week raised fears of ..

As US-Iran tensions rise, what should be India’s gameplan?

SHARE SHARE SHARE EMAIL SHARE COMMENT India needs to keep a watch on financial volatility and bolster strategic oil reserves The Middle East has been thrown into chaos in the wake of the..

Gold holds near six-year high with focus on Tehran’s next move

Gold held near the highest level in more than six years as investors tracked developments in the Middle East, with the US committing more troops to the region amid its standoff with Iran, which has pl..

Oil, gold soar, shares slip as US-Iran trade threats

SHARE SHARE SHARE EMAIL SHARE COMMENT A gauge of Asian shares was toppled from an 18-month top on Monday as heightened West Asia tensions sent investors scurrying for the safety of gold, wh..

Iran says to forego 'limit' on nuclear enrichment centrifuges

Iran on Sunday announced its fifth step back from a nuclear deal saying it will forego the "limit on the number of centrifuges", amid mounting tensions with the United States. In a statement, Tehran s..

Iraq: Top Iranian military commander Qassem Soleimani killed in US air strike

A file photo of Iranian Revolutionary Guard Commander Qassem Soleimani. - REUTERS SHARE SHARE SHARE EMAIL SHARE COMMENT The US carried out an air strike on Soleimani’s convoy at..

Bad loan provisioning may swell by Rs 30,000 crore in Q3

MUMBAI: Indian banks could be staring at bad-debt provisions of an estimated Rs 30,000 crore against loans to Dewan Housing FinanceNSE -1.52 % Corp (DHFL), the Anil Ambani-led Reliance Home Finance, K..

Banks allowed to liquidate Mallya’s movable assets to repay debt

Vijay Mallya (file photo) - Reuters SHARE SHARE SHARE EMAIL SHARE COMMENT A special court in Mumbai has permitted a consortium of 15 lenders, led by State Bank of India, to use th..

Oil climbs on US-China trade optimism, Middle East tensions

SEOUL: Oil prices rose on the first trading day of 2020 as warming trade relations between the United States and China eased demand concerns, and rising tensions in the Middle East raised worries abou..

MCX-Natural Gas trades with bearish bias

SHARE SHARE SHARE EMAIL SHARE COMMENT RELATED MCX-Natural Gas tests a key barrier MCX-Natural Gas trades above key base The spot price of Natural Gas on the MCX has been on a downtrend..

Tatas to seek urgent relief ahead of January 9 TCS board meeting

MUMBAI: Tata Sons will move the Supreme Court to seek early interim relief from the tribunal order reinstating Cyrus Mistry ahead of the TCSNSE 0.52 % board meeting scheduled for January 9 to consider..

Gold may touch Rs 45,000 per 10 gram in 2020: Experts

Always a pricey possession, gold is set to remain more pricey in the New Year too as continuing geopolitical tremors, economic woes and rupee volatility are expected to push the yellow metal even to R..

Jet Air jumps 5% as Hinduja brothers likely to bid for airline

NEW DELHI: Shares of Jet Airways climbed 5 per cent in Tuesday’s trade amid reports that Hinduja Group is preparing a bid to buy the grounded carrier. According to a Bloomberg report, Gopichand H..

Gold jewellers wary of move to hike GST rates

Industry already reeling under price rise and reduced demand, say players Gold jewellers are apprehensive over a possible move to raise the GST rates with the Centre attempting to rationalise the r..

Life Insurance Corp of India raises 2018-19 provisioning by 30%

MUMBAI: State-owned Life Insurance Corp of India (LIC) has raised provisions for doubtful assets by 30% to Rs 23,760 crore for the year ended March, it said in its just-released annual report. This ca..

Oil hits 3-month high as strong US consumer spending gives growth hopes

Oil prices rose on Friday, hitting three-month highs after data showed record online spending by US consumers, stoking faith in the world's no. 1 economy even before the hoped-for end to the trade war..

Traders cut bearish bets for Jan F&O series, all eyes on Budget

Mumbai: The upcoming Union Budget on February 1 is likely to dictate market direction in the January series. D-Street is concerned about whether the government will breach the fiscal deficit target in..

What trade war? Chinese companies wow with Q3 report card

By Patturaja Murugaboopathy and Gaurav Dogra BENGALURU: The top 200 Chinese companies spanning consumer, technology, industrial, property and financial industries reported September quarter earnin..

Oil dips after US stock build, but demand hopes check a deeper fall

Oil retreated on Wednesday after rising more than 1% in the previous session as U.S. industry data showed a surprise build in crude stocks, but hopes for firmer demand next year checked a deeper fall ..

Gold jewellers wary of move to hike GST rates

Dileep Narayanan, Head - (Treasury & Banking), Malabar Group of Companies, delivering the keynote address at the Bullion Conclave 2019 organised by BusinessLine in association with MCX in Kochi Dil..

Vedanta interested in BPCL, evaluation on: Anil Agarwal

MUMBAI: Vedanta Resources Ltd is evaluating an investment in Bharat Petroleum Corporation which has been put on the block by the government as part of its privatisation drive. "We are looking (at B..

Oil prices fall but hold near 3-month high on trade deal agreement

Brent crude oil futures fell 23 cents, or 0.4% to $64.99 a barrel by 0101 GMT, after closing at a near three-month high on Friday. - Bloomberg SHARE SHARE SHARE EMAIL SHARE COMMENT ..

YES Bank’s FY19 profit shrinks on Rs 2,299 crore NPA divergence

New Delhi: Yes BankNSE -0.96 % on Tuesday reported a lower net profit of Rs 1,084.03 crore for 2018-19 compared to Rs 1,720.28 crore announced earlier due to higher non-performing assets assessed by t..

Gold brighter than equity this year

Notwithstanding government efforts to depress gold demand and equity markets scaling new highs, the yellow metal has managed to deliver better returns than equities in the first 11 months of this year..

IL&FS reports Rs 22,527 crore loss for FY19, revenue plunges 47%

MUMBAI: Cash-strapped Infrastructure Leasing & Financial Services (IL&FS) on Wednesday reported a standalone net loss of Rs 22,527 crore for the fiscal to March 2019, as against Rs 333 crore in the pr..

Is SEBI discouraging corporate whistle-blowers?

SHARE SHARE SHARE EMAIL SHARE COMMENT RELATED Anonymous whistleblowers may not always be ill-intentioned SEBI’s recent assertion that it will not look into ‘anonymous’ whistle-blo..

Govt okays partial credit guarantee scheme for PSBs to buy high rated assets of NBFCs/HFCs

NEW DELHI: The Union Cabinet on Wednesday approved a partial credit guarantee scheme for public sector banks (PSBs) to purchase high-rated pooled assets from financially sound NBFCs and housing financ..

SBI’s bad loans up by ₹11,932 crore in FY19

Will push bank into loss of ₹6,968 crore for FY19 against declared profit of ₹862 crore The Reserve Bank of India’s final Risk Assessment Report (RAR) of the SBI has said that the bank’s gr..

Gold rate today: Bullion flat ahead of US Fed meet outcome

Bullion counters were flat on domestic bourses on Wednesday amid uncertainty over US’ tariff decisions on China. Traders also awaited the outcome of the US Federal Reserve’s policy meeting that is..

SBI cuts 1-year MCLR by 10 bps to 7.9%

SHARE SHARE SHARE EMAIL SHARE COMMENT While the Reserve Bank of India has maintained status quo on the policy repo rate front, State Bank of India has decided to cut its one-year benchmark ..

Trump wants 'movement' from China to avoid Dec. 15 tariffs: US Agriculture Secretary

......................ET..

Gold brighter than equity this year

SHARE SHARE SHARE EMAIL SHARE COMMENT Notwithstanding government efforts to depress gold demand and equity markets scaling new highs, the yellow metal has managed to deliver better returns ..

RBI decision to keep rates unchanged shocking: Ashima Goyal

Countercyclical monetary fiscal policy works and in a country like India, perhaps you need to do a certain minimum amount. These baby steps are not sufficient because of the large spreads, says Ashima..

Oil rises, US crude trading near two-month high after OPEC cut

SHARE SHARE SHARE EMAIL SHARE COMMENT Brent futures were up 1 cent at $63.40. They fell 0.6 per cent Oil edged up in early Asia trade on Friday, with United State (US) crude trading near..

Has Guv Das turned hawkish? Key takeaways from RBI money policy

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Thursday maintained status quo on repo rate, the rate at which it lends to banks, recognising the rise in inflation caused by ..

Gold makes strong advance on likely delay in US-China trade deal

Gold prices on Wednesday posted sharp gains in the domestic and global markets following fresh concerns on US-China trade negotiations. Spot gold on Tuesday gained sharply, reflecting a sharp movem..

Bumper Issue! Ujjivan SFB IPO overall subscribed 166 times, sees highest subscription in 2019

NEW DELHI: The initial public offering by Ujjivan Small Finance Bank, which got fully subscribed on the first day itself, overall received 165.68 times subscription on the third and final day of the b..

Trump says China trade deal may have to wait

President Donald Trump said on Tuesday a trade deal with China might have to wait until after the US presidential election in November 2020, denting hopes that the two largest economies would soon rea..

Gold imports jump to 5-month high in Nov as prices retreat

NEW DELHI/MUMBAI: India's gold imports in November jumped 78% from a month earlier to the highest level in five months as jewellers in the world's second-biggest market for the metal restocked after a..

Gold rate today: Traders shrug trade war tensions, pull yellow metal lower

Precious metals ebbed on Tuesday as domestic traders shrugged US President Donald Trump’s announcement to impose tariffs on Brazil and Argentina and moved to riskier assets. MCXNSE 0.57 % Gold (F..

Over 82,500 Karvy clients get back their shares

SHARE SHARE SHARE EMAIL SHARE COMMENT RELATED Karvy suspension: what investors need to know NSE suspends Karvy's licence Exchanges suspend Karvy's broking licence In a bid to douse th..

Oil jumps on Chinese factory growth, hopes for deeper OPEC cuts

Oil prices rose more than 1 per cent on Monday as signs of rising manufacturing activity in China pointed to increasing fuel demand and hints that OPEC may deepen output cuts at its meeting this week ..

Nobody joins him, people just cheer: Rajiv, MD of Bajaj Auto, on father Rahul Bajaj

On many occasions, the views of Rajiv Bajaj, the managing director of Bajaj AutoNSE -0.69 % and his father cum boss, chairman Rahul Bajaj are not on the same page. They often agree to disagree. While ..

MCX-Zinc enters into a consolidation phase

SHARE SHARE SHARE EMAIL SHARE COMMENT RELATED MCX-Zinc hovers near a key support The bull run that began in January this year resulted in spot price of zinc on the Multi Commodity Excha..

China's PBOC has room to ease policy but won't squander options: Official

BEIJING: China has room to ease monetary policy further, but authorities should not be careless in how they use such stimulus options, a central bank official said on Friday, reinforcing its cautious ..

Growth may have slowed, but there’s no recession, says Nirmala Sitharaman

Finance Minister Nirmala Sitharaman speaking in the Rajya Sabha on during Winter Session of Parliament on Wednesday - PTI SHARE SHARE SHARE EMAIL SHARE COMMENT Braving Opposition ..

Gold rate today: Bullion gets pricier amid fresh doubts over US-China trade deal

Gold and silver edged higher on Thursday tracking global cues. Some doubts emerged over the certainty of a trade deal between US and China after President Donald Trump signed legislation supporting pr..

Oil dips after US stock build, US-China deal hopes support

Oil fell on Wednesday after an industry report showed an unexpected build in US crude inventories, but optimism around the signing of the first phase of a US-China trade deal capped a deeper slide in ..

Karvy scandal appears to have been almost too easy to pull off

Stock investors are in a tizzy because of the Karvy scandal. Equity investing in India is difficult enough without worrying about whether the broker is going to take possession of your stocks, sell th..

Demand uptick, dip in global prices lift gold

Mumbai: A 4 per cent correction in international gold prices this month, a stronger rupee and pickup in wedding season demand has almost wiped off the $4 discount that the yellow metal was trading at ..

Karvy order: SEBI’s clean-up act may cause pain, but it is justified

While margin funding deals help drum up short-term trading volumes, they’re inimical to the interests of long-term investors as they undermine trust and create systemic risks SEBI’s ex-parte..

Commodity outlook: Gold, silver to trade in a range; copper, crude oil may fall

Gold prices traded flat but a little higher following weakness in the dollar against its major crosses. Investors remained concerned about the imminence of a trade deal between the US and China, while..

India may retaliate against US in steel dispute at WTO

India may retaliate against the US on the basis of issues that have been decided in India’s favour by the World Trade Organisation compliance panel in the dispute over countervailing duties on steel..

Oil rises on decline in US crude stocks, Fed comments on economy

TOKYO: Oil prices rose on Thursday, extending gains from the previous session, as an industry report showing a fall in U.S. crude stockpiles last week added to positive comments by the U.S. Federal Re..

RBI sees sharp fall in consumption

The economic slowdown seems to have gripped households, too, as the number of consumers who think they will spend less on goods and services has gone up. A Reserve Bank of India (RBI) survey has sh..

PMC Bank scam: Economic Offenses Wing arrests two auditors

SHARE SHARE SHARE EMAIL SHARE COMMENT RELATED PMC Bank situation being closely monitored, says RBI PMC Bank case: Depositors to protest bail application of one of the accused PMC Bank sc..

Oil dips as US-China trade deal hopes fade

SINGAPORE: Oil prices dipped on Wednesday as prospects for a trade deal between the United States and China dimmed, weighing on the outlook for the global economy and energy demand. U.S. President ..

Oil falls on jitters over US-China trade talks progress

Oil prices fell on Monday on renewed caution over the prospects of a trade deal between the United States and China, with investors shrugging off comments over the weekend by US President Donald Trump..

Business News›Markets›Stocks›News›Rakesh Jhunjhunwala on govt support to revive markets: A l

Has government done the right thing by not busting the fiscal? Speaking to ET NOW's Nikunj Dalmia Rakesh Jhunjhunwala says that 25-30 bps compromise on fiscal is not a great deal and would recommend s..

IRDAI bars Reliance Health Insurance from selling new policies due to low solvency margin

To protect the customers, the regulator has directed RHICL to transfer policyholders’ liabilities along with financial assets to Reliance General Insurance by November 15. ...BL..

Why is Sensex rallying despite poor health of the economy?

NEW DELHI: Equity benchmark Sensex has been hitting fresh record highs on a daily basis even as high-frequency macro-economic data continued to show acute pain in the economy. Sensex rallied for th..

Q2 results: PNB clocks Rs 507 crore net profit

Delhi-headquarteterd Punjab National Bank on Tuesday reported a net profit of Rs 507 crore for three month period ending September 30. Hurry! Prices Increase Soon Existing users, please ..

PM Modi's Trumpian trade exit may be a tactical retreat for India

By Iain Marlow and Shruti Srivastava As Indian officials held last-minute talks on joining the world’s biggest regional trade deal at a summit in Bangkok, farmers back home were launching nationw..

IPO fever: After IRCTC’s success, will the capital market see more big-ticket public issues?

IPOs worth ₹30,000 crore in the pipeline, including those of SBI Cards, CSB Bank, IREDA, Bajaj Energy, UTI Asset Management, HDB Financial, Equitas Small Finance Bank and Ujjivan SFB A host of pu..

Oct gold imports drop 33% as higher prices curtail festive buying

MUMBAI: India's gold imports in October fell a third from a year earlier, dropping a fourth straight month as near record-high prices dampened festive buying in the world's second-biggest consumer of ..

Why your gold is safe and may not attract a govt crack down

Spot gold was flat at $1,490.03 per ounce. - Reuters SHARE SHARE SHARE EMAIL SHARE COMMENT It is unlikely that the government could be planning a ‘surgical strike’ on hoarding..

Beating the Street on JLR’s horsepower, Tata Motors could turn in a profit as early as Q3 FY20

The Tata Motors stock had been on a slide for almost three years, in line with JLR’s falling fortunes. But cost cutting at the luxury carmaker has borne fruit, and the crucial China market is on the..

YES Bank gets $1.2-b binding offer from global investor; shares surge 24%

Yes Bank is at the epicenter of rising stress in India’s credit markets. - Reuters SHARE SHARE SHARE EMAIL SHARE COMMENT Unconfirmed reports say Hong Kong-based SPGP Holdings is..

Gold rate today: Gold, silver trade lower as traders book profits

Gold and silver futures in the domestic market followed their international peers and traded with losses as traders chose to book profits. However, analysts expect the yellow metal to edge up later in..

Allow banks to trade in bullion, says World Gold Council

WGC submits report on roadmap to form bullion bank The World Gold Council (WGC) has suggested the government to allow Indian banks to trade and facilitate trading in physical bullion and its deriva..

US Fed cuts policy rate by 25 bps, but signals pause in easing cycle

The US Federal Reserve cut its benchmark interest rate for the third straight time on Wednesday, but the central bank remains divided, with two of the 10 voting members dissenting. And the Fed's polic..

Mukesh Ambani says slowdown in India temporary, reforms undertaken to reverse trend

Billionaire Mukesh Ambani on Tuesday said the slowdown in the Indian economy is temporary and the recent measures taken by the government will help reverse the trend in the coming quarters. Speakin..

Gold falls to 1-week low on trade optimism; focus on Fed

Gold fell to a one-week low on Tuesday as hopes for a U.S.-China trade deal buoyed risk sentiment, while gold investors will watch how other financial markets react to this week's Federal Reserve meet..

Ujjivan SFB IPO: Bank lists steps taken to rectify shortcomings raised by RBI

SHARE SHARE SHARE EMAIL SHARE COMMENT RELATED Ujjivan Small Finance Bank Q2 net profit up 111% Why has Equitas Holdings taken a knock? Ujjivan to dilute promoter stake by 10-15% Here’..

Rana Kapoor’s YES Bank stake falls from 11% to near zero; FIIs too offloaded it in Q2

Individual investors emerged the biggest stakeholders in YES BankNSE 1.34 % at the end of September quarter, even as promoters offloaded nearly half their stake in the private sector lender. Latest..

PMC criss: Trade unions’ body to move Bombay High Court seeking 100 per cent relief for depositors

Depositors gather outside PMC Bank’s Mahakali branch at Andheri, Mumbai, on Wednesday, to withdraw money - Vijay Bate SHARE SHARE SHARE EMAIL SHARE COMMENT RELATED PMC scam: Ce..

Quality theme: A house of cards?

Ask any seasoned investor what the most critical aspect of a sound stock investment would be and he’s most likely to say: price. But a look at the rally in the handful of bluechips in recent months ..

Oil prices extend losses on US-China trade deal doubts

Brent futures down 0.5% in early trade Oil prices dropped again on Tuesday after falling heavily in the previous session, as weak Chinese economic data for September added to lingering concerns abo..

Want to stay safe? Sticking to IT is still a good idea: Gautam Trivedi, Nepean Capital

We have been very heavily weighted towards consumption. We have been very careful about deploying money in some pockets of consumption, says Gautam Trivedi, Co-Founder & Managing Partner, Nepean Capit..

Will IRCTC make a strong market debut on Monday?

The consensus among market watchers is that it will. The only question is how much of a premium the stock will command as it lists If you’re one of the lucky ones who managed to purchase some sha..

Quarterly earnings will give opportunity to realign portfolios

Where are We? The Nifty 50 has taken support near the 11100 levels (50 per cent retracement of the previous up-move between 10,700 and 11,700 levels) and witnessed positive momentum with gains of 1.2 ..

Gold inches lower as Trump's remarks boost trade talk hopes

Gold prices edged lower on Friday as US President Donald Trump's remarks on progress in Sino-US trade talks lifted risk appetite, while palladium was set to end a three-day winning streak after touchi..

Which route will the government take when it chooses to divest its stake in BPCL, Shipping Corporati

SHARE SHARE SHARE EMAIL SHARE COMMENT RELATED IRCTC IPO: Not enough to repair investor disinterest in PSUs Why IRCTC’s initial public offering was a missed opportunity for the governmen..

Gold demand fades 40-50% in Navaratri

Kolkata: Navaratri has been lacklustre this year for the gold trade in the country. Volatility in gold price and muted market sentiment brought down gold demand by 40-50 per cent from last year’s Na..

Equity returns rise, but no ‘V’ recovery

Mumbai: Equity returns are unlikely to follow a ‘V-shaped’ pattern going forward due to lack of evidence of a strong growth cycle and global headwinds, said foreign brokerage Morgan Stanley. W..

Which route will the government take when it chooses to divest its stake in BPCL, Shipping Corporati

Better positioning, pricing will be key in maximising value for the exchequer, especially in the proposed disinvestment in Bharat Petroleum, Concor and Shipping Corporation of India If market bu..

HDIL promoters arrested in PMC Bank loan fiasco

The Economic Offences Wing of the Mumbai Police, on Thursday, arrested Sarang Wadhawan and Rakesh Wadhawan, promoters of Housing Development Infrastructure Limited, in connection with the PMC Bank fia..

IRCTC IPO, subscribed 112 times, is the most successful in 20 months

The Rs 645-crore initial public offering of state-owned Indian Railway Catering and Tourism Corporation (IRCTC) was subscribed almost 112 times, making it the most successful share sale in over 20 mon..

Gold falls to near two-month low as robust dollar weighs

Gold prices fell to a near two-month low on Tuesday, weighed down by a stronger dollar, while hopes of progress in the United States (US)-China trade talks lifted equity markets in a further hit to th..

Banking woes add to RBI worries as it moves to cut rates

India’s worsening banking problems are adding a new layer of complexity to the central bank’s monetary policy as it prepares to cut interest rates again to spur economic growth. The Reserve Ban..

Why has Lakshmi Vilas Bank fallen by more than 50 per cent over the past year?

Why has Lakshmi Vilas Bank fallen by more than 50 per cent over the past year?...........BL..

Gold lingers near 2-month low, robust dollar weighs

Gold prices inched lower on Tuesday, hovering near the two-month low hit in the previous session, as uncertainties arising from the US-China trade war bolstered the dollarNSE -5.01 %. FUNDAMENTALS ..

Oil falls after Trump's comments douse trade talk optimism

SHARE SHARE SHARE EMAIL SHARE COMMENT Oil prices fell for a second day on Wednesday on worries about falling fuel demand after US President Donald Trump's comments doused optimism over Chin..

Indian economy to start recovering from late FY20: Report

NEW DELHI: The Indian economy is expected to start its recovery from later part of this fiscal thanks to the initiatives taken by the Reserve Bank for policy rate transmission and steps by the governm..

Gold prices rally ₹460 on weak rupee, rise in crude prices

Gold prices for 24 Karat rose to Rs 38,860 per 10 gram. File Photo - BusinessLine SHARE SHARE SHARE EMAIL SHARE COMMENT Gold on Monday climbed ₹460 to ₹38,860 per 10 gram in t..

What happens to your deposits if RBI puts PMC Bank like restrictions on your bank?

The lives of thousands of account holders of Punjab and Maharashtra Co-operative (PMC) Bank were thrown into disarray on Monday. This is because the Reserve Bank of India (RBI) ordered PMC Bank not to..

Essel group gets extension to repay Zee’s debt

Essel Group logo - Website/Essel Group SHARE SHARE SHARE EMAIL SHARE COMMENT RELATED Zee promoter liability down to ₹4,000 crore as MFs sell pledged shares Zee deal took just ..

Gold near 2-week peak on growth risks; trade hopes cap gains

Gold steadied on Tuesday, holding near a two-week high hit in the previous session on lingering global growth worries, while an uptick in risk appetite due to U.S.-China trade optimism limited the saf..

RCap slams CARE Ratings for downgrade

Anil Ambani-led Reliance Capital has taken on CARE Ratings for downgrading its debt, saying the agency acted in a “premeditated and prejudiced manner”. “Our company is fully current on all it..

Howdy, Modi!'- Thousands, plus Trump, cheer for PM Narendra Modi

Prime Minister Narendra Modi with US President Donald Trump at 'Howdy Modi!' rally. - Reuters SHARE SHARE SHARE EMAIL SHARE COMMENT Prime Minister Narendra Modi and US President D..

View: Corporate tax cut - A step towards global competitiveness

Few political leaders in major democracies have shown the kind of skill that Prime Minister Narendra Modi has shown in demolishing conventional wisdom and narratives. US President Donald Trump and Bri..

FM opens the liquidity tap for Bharat

Asks banks, NBFCS to organise meetings in districts to reach credit to the needy Ahead of the festival season, Finance Minister Nirmala Sitharaman on Thursday opened the liquidity tap, directing ba..

MFs split over giving more time to Essel

The debt woes of Essel Group promoters may worsen as mutual funds squabble among themselves on whether to give more time to Subhash Chandra’s private firms to repay debt. With 11 days to go for E..

Oil slips after Saudi Arabia says it will restore output by the month-end

While oil prices slipped, investors remained cautious after the US said it believes the attacks that crippled Saudi Arabian oil facilities last weekend originated in Iran. File Photo - Reuters ..

Correction in auto stocks not enough to turn optimistic: CLSA

Mumbai: Foreign brokerage CLSA sees few reasons to turn optimistic on the auto space despite sharp corrections in the sector stocks given continued weak demand and big regulatory headwinds. The bro..

How liquidity from non-banks to the commercial sector dried up in 2018-19

SHARE SHARE SHARE EMAIL SHARE COMMENT RELATED HFCs await more clarity on external benchmark linked home loans Small HFCs may find it difficult to grow home loan book as bank lending dries..

Saudi oil output to recover in two or three weeks after attack: Sources

LONDON/DUBAI: Saudi Arabia .........ET..

Gold prices rally ₹460 on weak rupee, rise in crude prices

Gold prices for 24 Karat rose to Rs 38,860 per 10 gram. File Photo - BusinessLine SHARE SHARE SHARE EMAIL SHARE COMMENT Gold on Monday climbed ₹460 to ₹38,860 per 10 gram in t..

Auto sector to start picking up only in FY21: Daimler India's Satyakam Arya

Daimler India Commercial Vehicles, a subsidiary of the German Daimler AG, has been increasing its focus on export, even as the domestic commercial vehicle market is going through a long slowdown. Its ..

India staring at a price flare-up after drone attack on Saudi oil facility

Smoke is seen following a fire at Aramco facility in the eastern city of Abqaiq, Saudi Arabia, on September 14, 2019. - REUTERS SHARE SHARE SHARE EMAIL SHARE COMMENT RELATED Hout..

FPIs pull out Rs 1,263 cr in first week of Sept despite surcharge rollback

Continuing their selling spree, foreign investors withdrew a net sum of Rs 1,263 crore from the Indian capital markets in the first week of September amid global headwinds even as the government rolle..

FPIs pull out Rs 1,263 cr in first week of Sept despite surcharge rollback

Continuing their selling spree, foreign investors withdrew a net sum of Rs 1,263 crore from the Indian capital markets in the first week of September amid global headwinds even as the government rolle..

Oil falls as spectre of US-China trade war haunts market

Oil futures fell on Friday as optimism over an end to the US-China trade war faded, leaving prices set for a weekly loss after days of wild gyrations. Brent crude was down 17 cents, or 0.3 per cent..

Altico defaults on interest payment, raises concern

Foreign private equity-backed Altico Capital, an NBFC with more than Rs.4,000 crores of outstanding loans, has missed interest payments raising the spectre of another round of mark down of asset value..

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YES Bank rallies 6% as lender denies stake sale report

NEW DELHI: Shares of YES BankNSE 6.81 % climbed over 6 per cent in Wednesday’s trade after the private lender denied a Reuters report that suggested the bank was close to securing a deal to sell a m..

Auto companies may disappoint street on volume growth front in H2

Auto companies could see another round of earnings cuts as the asking monthly run-rates for the remaining months of FY20, given the current projections, appear rather tall. Projected EPS of auto co..

Gold prices fall Rs 372 to Rs 39,278 on weak demand, strong rupee

Gold prices fell by Rs 372 to Rs 39,278 per 10 gram in the national capital on Friday due to weak demand and strong rupee, according to HDFC Securities. In tandem with gold prices, silver also dropped..

Gold slips from six year peak on Sino-US trade optimism

Gold retreated on Thursday as investors booked profits after the metal rallied to a six-year peak in the previous session and hopes of a thaw in U.S.-China trade ties spurred demand for riskier assets..

Will approach FM for GST cut on autos, says Gadkari

Nitin Gadkari, Transport Minister, flanked by Uday Kotak (left), Managing Director, Kotak Mahindra Bank, and Rajan Wadhera, President, SIAM, in the Capital on Thursday. - Kamal Narang SHARE SHA..

August gold imports hit 3-year low as prices jump to record

NEW DELHI/MUMBAI: India's gold imports in August plunged 73 per cent from a year ago to the lowest level in three years as a rally in local prices to a record high and a hike in import duty curtailed ..

Why PSB stocks can continue to fall post bank merger plans

Significant dilution in book value, will hurt minority shareholders, including LIC The big bank merger announced by the Centre last week, has not gone down well with investors. Most of the public s..

Public sector banks merger: Modi govt to announce big bang plan soon

The National Democratic Alliance (NDA) government has readied its mega plan for merging multiple set of public sector banks (PSB) and is set to make an announcement anytime soon, according to multiple..

Q1 GDP growth can slip below the 5.8 per cent mark

SHARE SHARE SHARE EMAIL SHARE COMMENT RELATED A rainy-day giveaway from India’s Central Bank Current slowdown a cyclical downswing: RBI GDP growth during current fiscal can dip to 6.7 ..

Jewellers see 10-20% silver rally; stock coins, utensils for festivals

A 25 per cent increase in silver price over the past two months has prompted jewellers in tier-2 and tier-3 cities as well as rural India to stock silver utensils and silver coins in anticipation of a..

Why the stock of RBL Bank has fallen 40 per cent over the past month

The robust growth in loans, under-control asset quality and strong return ratios have been a big draw for investors driving the stock’s valuations, until now BL Research Bureau RBL Bank has be..

Interactive | How gold prices rallied over the last 10 years

We look at the change in gold prices over the last decade The gold hit a life-time high at Rs 39,760 on Wednesday. The gold prices have been rallying this week after US President Donald Trump tweet..

RBI windfall: Where did the money come from

The Reserve Bank on Monday accepted the Jalan committee’s recommendation, agreeing to transfer Rs 1.76 lakh crore to the government for 2018-19. ET explains the distribution formula: WHERE DOES R..

Stimulus package will boost growth and stabilise economy: CII

The industry is looking forward to more such announcements from the Finance Minister Industry body CII on Sunday said the multi-sectoral and multi-dimensional policy stimulus announced last week wi..

As credit crunch bites, Indians pawn off family gold for quick funds

The trend, which has prompted some lenders to impose restrictions as risks and borrowing costs rise, has been accelerated by record gold prices Rajendra Jadhav & Nupur Anand | Reuters | Aurangana..

Gold continues bull run, nears Rs 39,000 mark

New Delhi: Continuing the record-setting trend, gold price on Thursday hit a new high of Rs 38,970 per 10 gram by gaining Rs 150 in the national capital, according to the All India Sarafa Association,..

As debt woes rise, promoters are losing their companies to lenders

Promoter holding in many companies has gone down as shares pledged by promoters are invoked by lenders In CG Power and Industrial Solutions, the company where a multi-level financial fraud has been..

After a cat-and-mouse game, CBI arrests Chidambaram

No charge-sheet has been filed against me, says former FM Former Finance Minister P Chidambaram was arrested by a team of CBI officials from his residence on Wednesday in the INX Media case. The ar..

CG Power financial fraud: A tale of 4 entities, 2 deals & high-value loans

Expand CG Power financial fraud: A tale of 4 entities, 2 deals & high-value loans CG Power has informed the exchanges of a Risk and Audit Committee report, which detailed multiple dubious transactio..

Mid cap SIPs disappoint, but ‘offer opportunities’

Investors who started their systematic investment plans (SIPs) in mutual fund schemes betting on mid cap shares three years ago are staring at losses on account of the sell-off since January 2018. Fin..

DHFL crisis: Mutual Funds face another hit of ₹1,500 cr in September

SHARE SHARE SHARE EMAIL SHARE COMMENT RELATED DHFL defaults again on bond repayments of over ₹1,500 cr DHFL crisis: The ‘hidden’ issues no one is talking about Delay in resolution ..

NBFC loan growth in negative zone

MUMBAI: In further trouble for non-bank lenders, their loan growth slipped into negative territory with a de-growth of nearly 2% in the quarter ended June 30 and a year-on-year growth of 11%, accordin..

Mood of doom and gloom is not helping: RBI Governor

Shaktikanta Das urges business leaders to look at the positive cues in the economy Urging leaders of the business and financial sectors to look at the opportunities that lie ahead and maintain a po..

Oil soars on easing US-China trade tensions

LONDON: Oil prices rose more than 3% on Tuesday after the United States said it will remove some products from its China tariff list, easing concerns over a global trade war that has pummeled the mark..

Auto industry pleads for urgent sops as sales see steepest fall in 19 years

The auto industry is facing a grim situation, with July sales recording the steepest fall in 19 years. If the trend continues, the upcoming festival season may be a very dull one, it said. Accordin..

Aramco deal may add 8-10% to RIL stock’s target price

ET Intelligence Group: Reliance Industries (RILNSE 11.24 %) has lost over 9 per cent of its market capitalisation in just one month on concerns over burgeoning borrowings on its balance sheet. Its dec..

Gold imports up 35.5% during April-June

Increase in gold imports pushed the country’s trade deficit marginally to USD 45.96 billion The country’s gold imports, which have a bearing on the current account deficit (CAD), increased b..

FinMin working on booster package for capital markets, may relook at LTCG too: ET NOW

The government is likely to announce a slew of market-friendly changes including removing of long-term capital gains (LTCG) tax after a holding period of three years and easing of dividend distributio..

Gold surges to fresh all-time high of Rs 38,470; silver crosses Rs 44,000-mark

SHARE SHARE SHARE EMAIL SHARE COMMENT RELATED Gold hits all-time high of Rs 37,920; silver surges Rs 650 to Rs 43,670 a kg Gold prices on Thursday crossed the Rs 38,000-mark for the first ti..

Oil rises on expectations producers may cut supply after 4% slump

Oil futures jumped more than $1 a barrel on Thursday, recovering half of the nearly 5% losses in the previous session, on expectations that lower prices may lead to production cuts. Brent crude had..

Tata Steel slips 4%, nears three-year low on weak June quarter results

Shares of Tata Steel were trading near a three-year low of Rs 365, down 4 per cent in the afternoon session on Thursday. The stock has fallen 9 per cent in the past two days. On Thursday, the company ..

Multi Commodity Exchange wants partial hedging for metals on local bourses

The Multi Commodity Exchange (MCX) has asked the markets regulator to ensure that all major metals and mining companies hedge a small part of their total hedging on Indian exchanges. This step is t..

Tata Steel calls off $327-million asset sale deal with China’s HBIS

Tata Steel will immediately begin engagement with other investors in continuation of its strategy to find a partner for the South-East Asian business - Arunangsu Roy Chowdhury SHARE SHARE SHARE ..

Slowdown woes revealed in India Inc's changing tone and tenor

MUMBAI: Indians are buying less of everything as the economy is losing steam, slowing down for the third consecutive quarter. One indication of this is the changing commentary of managements, which ar..

Rajya Sabha approves resolution abrogating Article 370

Rajya Sabha on Monday approved a resolution abrogating Article 370 for Jammu and Kashmir and a bill to bifurcate the state into two Union Territories with Home Minister Amit Shah saying the controvers..

Private sector going through challenging times, says L&T chairman A M Naik

India’s gross domestic product (GDP) growth will be 6.5 per cent this year, and accelerated spending is unlikely to happen in the next 18 months, according to A M Naik, chairman of Larsen & Toubro (..

US to impose 10 per cent additional tariff on Chinese imports from September 1

US President Donald Trump (file photo). - Bloomberg SHARE SHARE SHARE EMAIL SHARE COMMENT RELATED Trade war impact: China’s factory activity falls for third month US farmers want ..

What does the Fed rate cut mean for Indian bond yields?

Representative image SHARE SHARE SHARE EMAIL SHARE COMMENT The sharp fall in G-Sec yields in the past month have already priced in Fed’s action; a steep 50 bps cut by the RBI next week can t..

Public listing of LIC on the cards as Modi weighs next big-bang reform

The Government of India may look at listing of Life Insurance Corporation (LIC), the public sector insurance behemoth, as part of the Modi Government's next big-bang reforms. LIC holds two-thirds ..

Body of Café Coffee Day founder VG Siddhartha found

Rescuers bring the body of missing Café Coffee Day owner V.G. Siddhartha out of the Nethravati river on Wednesday, July 31, 2019. - Special Arrangement SHARE SHARE SHARE EMAIL SHARE COMMENT..

Axis Bank net profit improves in Q1, but asset quality still a concern

New management setting the stage for strong growth tends to increase expectations from a company, and all the more when a competitor delivers best-in-many quarter results. Consequently, expectations w..

More NBFCs will have to die if India's shadow-banking sector is to survive

The slowdown that began among India's shadow banks is spreading. Sectors that had come to depend on credit from what in India are called non-banking financial companies (NBFCs) are posting awful numbe..

Gold, silver prices fall on sluggish demand

SHARE SHARE SHARE EMAIL SHARE COMMENT RELATED Gold, silver prices rule flat amid thin trading Gold prices dropped Rs 50 to Rs 35,720 per 10 gram in the national capital on Monday, owing to s..

Why arbitrage mutual funds are becoming attractive

They are an alternative to short-term debt funds offering better tax efficiency Arbitrage mutual funds, which are considered an alternative to short-term investment options such as liquid and ultra-s..

Gold demand rose 14% in Apr-Jun, outlook for next to quarters weak: GFMS

India’s gold demand in the April-June 2019 quarter saw an increase of 14 per cent on a year-on-year basis, but it might remain muted in the next two quarters. Among the reasons for a weak outlook ar..

Brokers hit hard as NSE Clearing blocks trading by IL&FS Securities

SHARE SHARE SHARE EMAIL SHARE COMMENT Derivative fraud by Allied Financials results in chaos The ₹380-crore derivative fraud by Allied Financials is now turning into a major issue for IL&FS Se..

Confusion over India's first $10 billion foreign bond sale

India’s plan for its maiden overseas bond offering is becoming mired in confusion. The office of Prime Minister Narendra Modi is opposed to selling debt in foreign currencies, ET Now television ..

With over Rs 9,000 crore debt, Anil Ambani's Reliance Naval now stares at bankruptcy

MUMBAI: Lenders led by IDBINSE -1.26 % Bank have turned down a resolution plan proposed by Reliance Naval & Engineering, which has not been servicing its more than Rs 9,000 crore of debt for several m..

Oil edges up on US stocks fall, West Asian tensions

SHARE SHARE SHARE EMAIL SHARE COMMENT Oil prices nudged higher on Wednesday on rising tensions over Iran, a sharp fall in US crude stocks and positive signs on Sino-US talks, although worries abo..

Oil prices gain as US inventory drop, West Asia tensions

SHARE SHARE SHARE EMAIL SHARE COMMENT Oil prices rose on Wednesday, extending gains after an industry group reported a much bigger than expected drop in US inventories, while the US Navy said it ..

FM hints 25% corporate tax may be extended to all companies

NEW DELHI: Finance minister Nirmala Sitharaman signalled that the government may extend the lower corporate tax rate of 25% to all companies, giving India Inc something to cheer about. Her July 5 budg..

Gold touches all-time high of Rs 35,970

Gold prices touched a new high of Rs 35,970 per 10 gram in the national capital after gaining Rs 100 on Monday due to continued buying from jewellers, according to the All India Sarafa Association. ..

Weak demand, transition to BS-VI likely to impact TVS Motor volumes

Though the TVS Motor stock is down 30 per cent over the past one year, there could be more downside, given the two-wheeler sector is bracing for its worst annual volume performance in a decade. While ..

Gold trading at huge discount as prices hit record high, cross Rs 35k mark

Gold prices rose sharply on Thursday and reached an all time high in the Indian market. In Mumbai spot market, the precious metal was trading above Rs 35,000 per 10 gram. Silver prices also rose to ov..

Hit by slowdown, auto-makers gear for retail push, rural pit-stop

SHARE SHARE SHARE EMAIL SHARE COMMENT RELATED Domestic car sales down 25% in June: SIAM Dip in automobile sales is not worry for CEA Krishnamurthy Subramanian Focus turns to pruning inve..

Sebi seeks to address issue of abrupt auditor exits from listed companies

he Securities and Exchange Board of India (Sebi), on Thursday, issued a consultation paper to address the issue of abrupt resignations of auditors from listed companies. The markets regulator has prop..

Oil rises after US Navy destroys Iranian drone

WTI crude futures firmed 61 cents, or 1.1 per cent, at 55.91 Oil prices rose more than 1 per cent on Friday after the United States (US) Navy destroyed an Iranian drone in the Strait of Hormuz, a maj..

FMCG sector slows down due to lower consumption in rural market

The Rs 3-trillion fast-moving consumer goods market is facing a slowdown as lower consumption in rural market affected retail offtake and brought rural growth on a par with that in urban areas. Fur..

Gold slides Rs 70 on muted demand; silver jumps Rs 660

Silver prices on Wednesday surged Rs 660 to Rs 40,190 a kg in the national capital amid increased offtake by industrial units and coin makers even as gold prices dropped by Rs 70 to Rs 35,500 per 10 g..

Jewellery exports in June decline 16% YoY on slow demand from China, Gulf Experts say weak trend lik

Gem and jewellery exports declined 16.26 per cent to $2,826 million during June from $3,375.17 million during the same month last year. Exports during the first quarter of FY20 declined by 10.38 per c..

Trump threatens to impose additional tariffs on China

Earlier, the US President had complained that China is not ramping up its farm purchases President Donald Trump reiterated that he could impose additional tariffs on Chinese imports if he wants, afte..

YESTERDAY OUR CALLS

SELL GOLD CMP 34950 SL 33050 TGT 34850 ....................................HIT SELL CRUDE CMP 4160 SL 4200 TGT 4110 .....................................HIT BUY DLF FUTURE CMP 183 SL 181.50 TGT 18..

Govt changes import duty valuation for gold and silver after Budget

The government has altered the rule for import duty valuation on import of gold and silver. A customs notification in this regard was issued on Saturday, a day after presentation of the Union Budget. ..

DHFL: Haunted by a leaky roof and a shaky foundation

Dismal disbursements and higher provisions eating into earnings of beleaguered company The stock of Dewan Housing Finance Ltd (DHFL), which has been in the eye of the NBFC/HFC storm over the past sev..

YESTERDAY OUR CALLS

BUY GOLD CMP 34750 SL 34670 TGT 34830 ......................................HIT BUY ZINC CMP 192 SL 191 TGT 193 .................................................HIT SELL INDUSIND BANK CMP 1550 SL ..

Regulatory changes, margin pressure likely to weigh on IT stocks

The sustained pressure on margin, along with Gartner’s recent note highlighting lower global information technology (IT) spending going ahead underline the growth pressure for domestic software play..

Gold rises on fresh trade tensions, Fed rate cut bets

Gold up nearly 0.6 per cent so far this week. File Photo - BusinessLine SHARE SHARE SHARE EMAIL SHARE COMMENT Palladium off from 16-week highs Gold prices rose on Friday and were on track ..

Oil prices rise amid Gulf of Mexico storm, West Asia tensions

Oil companies in the Gulf of Mexico had cut more than 1 million barrels per day of output, or 53% of the region's production, due to Tropical Storm Barry. Oil prices rose on Friday as US oil producer..

Will Infosys Q1 results beat TCS' numbers? Here's what analysts say

After Tata Consultancy Services (TCS) missed Street estimates on revenue and margin front, all eyes are now on Infosys that is slated to release its June 2019 quarter (April-June) results of the finan..

YESTERDAY OUR CALLS

SELL CRUDE CMP 4160 SL 4200 TGT 4130 .........................................HIT BUY DLF FUTURE CMP 180 SL 178 TGT 184 .....................................HIT SELL ZEEL FUTURE CMP 340 SL 346 ..

YESTERDAY OUR CALLS

BUY GOLD CMP 34450 SL 34350 TGT 34570 ........................................HIT BUY CRUDE CMP 4030 SL 4000 TGT 4070 .............................................HIT SELL TATASTEEL FUTURE CMP 470..

Oil prices rise as data shows bigger-than-expected fall in US stockpiles

Global benchmarks have gained this year as OPEC and big producers such as Russia have honoured commitments to cut output Oil prices rose on Wednesday, led by US crude after an industry group reported..

Nation can ill afford IndiGo faltering: Rakesh Gangwal, IndiGo co-founder

MUMBAI: Rakesh Gangwal, the billionaire cofounder of IndiGo and airline industry veteran, is determined to root out what he regards as poor corporate governance at parent InterGlobe AviationNSE -5.69 ..

YESTERDAY OUR CALLS

SELL GOLD CMP 34490 SL 34590 TGT 34390 ...................................HIT SELL CRUDE CMP 3980 SL 4030 TGT 3940 ........................................HIT BUY AXIS BANK FUTURE CMP 782 SL 779 T..

IndiGo owner's shares slide 15% as founders' row intensifies

SHARE SHARE SHARE EMAIL SHARE COMMENT Shares of Interglobe Aviation Ltd fell as much as 19 per cent on Wednesday after one of the co-founders of India's largest airline IndiGo alleged violation o..

SBI probe flags Rs 5,500 crore deals among Anil Ambani cos

MUMBAI: A probe commissioned by SBINSE -0.85 % has flagged transactions worth Rs 5,500 crore in the books of Reliance CommunicationsNSE 3.03 % and two other Anil Ambani-led RelianceNSE -0.39 % Group e..

Super-rich tax on FPIs: We’ll take it as it comes, says FM

Finance Minister Nirmala Sitharaman on Monday ruled out any clarification on the surcharge on the super-rich and foreign portfolio investors (FPI), at least for now. Fears of a higher tax outgo for..

Rajya Sabha passes Bill on voluntary use of Aadhaar as identity proof

The Rajya Sabha on Monday passed the Aadhaar and Other Laws (Amendment) Bill, 2019 which allows voluntary use of Aadhaar as proof of identity for users to open bank accounts and get mobile phone conne..

Oil prices edge down, pressured by US supply

SHARE SHARE SHARE EMAIL SHARE COMMENT US crude inventories dropped by 1.1 million barrels last week Oil prices inched lower on Thursday after solid gains the day before, pressured by data showin..

Budget 2019: State banks in a fix over proposed hike in minimum public holding

The budget proposal to raise the minimum public shareholding limit to 35% from 25% may be a stiff challenge for state-run banks. While this will impact over 1,000 companies with public shareholdin..

Union Budget 2019: No wild stock market swings expected on Friday

Markets typically witness huge swings on Budget day. The Sensex has swung an average 3.1 per cent in past 21 budget day sessions, an analysis of trading data shows. This time, however, investors can e..

Economic Survey guided by ‘blue sky thinking’, says CEA Subramanian

Chief Economic Adviser Krishnamurthy V Subramanian at a press with the Economic Survey 2018-19. - Kamal Narang SHARE SHARE SHARE EMAIL SHARE COMMENT RELATED Economic Survey pegs growth at ..

YESTERDAY OUR CALLS

BUY BOB FUTURE CMP 121 SL 119 TGT 125 ......................................HIT BUY M&M FUTURE CMP 663 SL 658 TGT 675 ..............................WRONG..

US stocks close at record highs on dovish Fed hopes

Dow up 0.67 per cent, S&P 500 up 0.77 per cent, Nasdaq up 0.75 per cent U.S. stocks rose on Wednesday, with each of the major indexes closing at a record high, as expectations grew that the Federal R..

Deal street: Comcast-led consortium closing in on ZEE Entertainment buy

MUMBAI: US cable major Comcast, which owns NBCUniversal, and Atairos, a $4-billion investment company led by former Comcast CFO Michael Angelakis, is looking to team up with PE fund Blackstone and Jam..

YESTERDAY OUR CALLS

SELL CRUDE CMP 4100 SL 4130 TGT 4050 ..........................................HIT BUY GOLD CMP 33730 SL 33680 TGT 33800 ....................................HIT BUY ADANIPOWER FUTURE CMP 62 SL 60 ..

Gold remains flat despite firm trend overseas; silver slides ₹70

Gold prices were ruling almost flat at ₹34,120 per 10 gram; silver prices fell by ₹70 to ₹38,500 per kg Gold prices were ruling almost flat at ₹34,120 per 10 gram at the bullion market in New..

Budget 2019: Are the beaten-down auto and FMCG stocks good investment bets?

The outbreak of IL&FS crisis in September 2018 and the subsequent liquidity squeeze in the system derailed the growth story of various sectors of the economy. While the auto industry continues to move..

DHFL crisis: Bankers to sign inter-creditor pact

A bird flies past a signboard of Dewan Housing Finance Corporation outside its office in Mumbai - REUTERS SHARE SHARE SHARE EMAIL SHARE COMMENT RELATED DHFL gets regulator’s approval to ..

Gold enters long-term bull market but analysts urge short-term caution

Gold prices seem to have entered a long-term bull phase, having increased by 11.5 per cent in just a month, in one of the fastest rises seen in recent times. The spike has taken the metal to its highe..

YESTERDAY OUR CALLS

BUY GOLD CMP 33700 SL 33600 TGT 33800.....................................HIT SELL CRUDE CMP 4140 SL 4180 TGT 4090 .......................................HIT BUY ADANIPOWER FUTURE CMP 53 SL 50 TGT..

Anil ambani seeks to sell or lease out Mumbai HQ

MUMBAI: Businessman Anil Ambani is in talks with a group of global private equity firms including Blackstone and another US-based fund to either sell his headquarters in the financial capital or give ..

Why Budgets no longer matter to the stock market

SHARE SHARE SHARE EMAIL SHARE COMMENT GST, off-Budget policy-making have halted the wild gyrations in Sensex Even as all eyes are on the Finance Minister, as Nirmala Sitharaman prepares to prese..

YESTERDAY OUR CALLS

SELL GOLD CMP 34250 SL 34350 TGT 34150 ......................................HIT SELL COPPER CMP 416 SL 418 TGT 413 ..............................................HIT BUY TATASTEEL FUTURE CMP 515 S..

Asset quality in banking sector may improve in 2020, show RBI stress tests

The quality of assets in the banking sector may improve in 2020, show stress tests conducted by the Reserve Bank of India (RBI). In a baseline scenario, the gross non-performing assets (NPA) ratio ..

SEBI tightens norms for MFs, bans standstill pacts

Promoters required to declare details on encumbrance every year SEBI said on Thursday it will initiate action against mutual funds (MFs) if there are defaults in cases involving loans against shares ..

YESTERDAY OUR CALLS

BUY ZINC CMP 205.20 SL 204.50 TGT 205.60 .....................................HIT BUY ALBK CMP 45 SL 43.50 TGT 49 .............................................HIT BUY TATAMOTOR CMP 162 SL 160 TGT..

Trump says it's 'possible' for deal with China's Xi to avoid more tariffs Trump is expected to meet

US President Donald Trump said on June 26 it was "absolutely possible" he would emerge from a meeting with Chinese leader Xi Jinping with a deal that would keep him from imposing tariffs he had threat..

Gold will continue to remain volatile

Gold’s over-extended rally, triggered by a host of supportive factors, is now beginning to come off. The excessive speculative froth that had accumulated in the global gold market in a rather short ..

Trade war: India plans to offer incentives to companies moving from China

India looks to leverage the US-China trade war to boost its manufacturing sector India is weighing offering incentives to attract companies moving out of China amid its trade war with the US, a perso..

DHFL falls 9% on partial payment of Commercial Paper dues The housing finance company managed to set

Dewan Housing Finance Corporation (DHFL) shares dipped 9 per cent to Rs 68.70 on the BSE during intra-day trade on Wednesday after the company said it has defaulted on unsecured commercial paper (CP) ..

YESTERDAY OUR CALLS

SELL GOLD CMP 34700 SL 34800 TGT 34600 ......................................HIT BUY CRUDE CMP 4005 SL 3955 TGT 4050 ...........................................HIT BUY RELIANCE FUTURE CMP 1270 SL ..

YESTERDAY OUR CALLS

SELL CRUDE CMP 4045 SL 4080 TGT 3995 ........................................HIT BUY ZINC CMP 199.50 SL 198.50 TGT 200.50 ....................................HIT SELL AUROPHARMA FUTURE CMP 602 SL ..

Oil prices steady, US-Iran tensions remain in focus

Oil prices were steady on Tuesday, supported by worries over a conflict between Iran and the US, but pressured by concerns about a potential decline in demand for crude. Benchmark Brent crude futur..

RBI launches CMS for filing online complaints against banks, NBFCs

Mumbai: The Reserve Bank of India Monday launched an application on its website for lodging complaints against banks and NBFCs with a view to improve customer experience in timely redressal of grievan..

US-Iran tension: Indian Navy personnel escort SCI tanker via Strait of Hormuz

Use of Navy escort not compulsory, but an option for ship master, company Desh Vishal, an oil super tanker owned by the state-run Shipping Corporation of India (SCI) has become the first Indian-flagg..

RBI's deputy governor Viral Acharya quits six months before his term ends

Viral Acharya who had made a fervent pitch for autonomy for the regulator, has reportedly quit six months before the scheduled end of his term. Acharya, who joined the central bank on January 23, ..

YESTERDAY OUR CALLS

BUY COPPER CMP 415 SL 413 TGT 418 ............................................HIT BUY CRUDE CMP 3870 SL 3820 TGT 3930 .......................................HIT BUY RELIANCE FUTURE CMP 1287 SL 128..

Oil jumps 5% on Iran tension, potential US Federal Reserve rate cut

Oil soared more than 5% on Thursday after Iran shot down a US military drone, raising fears of a military confrontation between Tehran and Washington. Expectations that the US Federal Reserve could..

NCLT Mumbai admits SBI’s insolvency plea against Jet

The Mumbai Bench of the National Company Law Tribunal (NCLT) on Thursday admitted State Bank of India’s (SBI) insolvency plea against Jet Airways. The insolvency court also rejected an earlier or..

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Global stocks rally, bond yields plunge after Federal Reserve hints at rate cuts later this year

A gauge of global stock markets edged near this year's peak while benchmark US Treasury yields and the dollar dropped after the Federal Reserve signalled possible interest rate cuts later this year. ..

Corporate earnings down 0.1% YoY in March quarter due to slowdown in demand

After reporting positive earnings growth for five consecutive quarters, corporate earnings were flat in the January-March 2019 quarter. The combined net profit of 1,869 companies, excluding financials..

Oil extends gains amid Middle East tensions, US-China trade deal hopes

TOKYO: OilNSE 0.35 % prices climbed on Wednesday, extending sharp gains from the previous session on rekindled hopes for a US-China trade deal and on continued tensions in the Middle East after tanker..

SEBI allows futures trading in commodity indices

SHARE SHARE SHARE EMAIL SHARE COMMENT Small step towards giant leap for commodity market reform: ICEX chief SEBI has allowed exchanges to launch futures trading in commodity indices. The move wi..

YESTERDAY OUR CALLS

BUY GOLD CMP 33140 SL 33040 TGT 33240..........................HIT BUY CRUDE CMP 3641 SL 3580 TGT 3670 ...........................HIT SELL NIFTY CMP 11740 SL 11760 TGT 11700......................H..

YESTERDAY OUR CALLS

SELL GOLD CMP 33290 SL 33390 TGT 33190 ................................ HIT SELL SILVER CMP 37600 SL 37750 TGT 37400 ..............................HIT SELL INDBULHFINANCE CMP 695 SL 703 TGT 680 ....

Oil rises on tensions after tanker attacks

Oil prices rose on Monday after US Secretary of State Mike Pompeo said Washington will take all actions necessary to guarantee safe navigation in the Middle East, as tensions mounted following attacks..

Avoid NBFC and PSU bank stocks completely for next 12 months: Suresh Ganapathy, Macquarie

NBFC stocks should be completely avoided for the next six months as the sector is going to see lower growth and profitability, said Suresh Ganapathy, head of financial services research at Macquarie. ..

YESTERDAY OUR CALLS

SELL YES BANK FUTURE CMP 124 SL 128 TGT 118............................ HIT SELL COLPAL FUTURE CMP 1178 SL 1182 TGT 1168 ....................... HIT..

India likely to be among top 20 global FDI sources by 2021: UN body

The growing number of Indian companies eyeing international acquisitions is expected to make the country one of the top 20 global sources of foreign direct investment (FDI) soon, shows a report by a U..

Debt default bogey forces SEBI to tighten screws on rating firms

Credit rating agencies told to focus on risk factors that are specific to debt issuer The ticking time bomb of debt defaults has lead the Securities and Exchange Board of India (SEBI) to put in place..

YESTERDAY OUR CALLS

SELL CRUDE CMP 3635 SL 3665 TGT 3680......................................... HIT SELL COPPER CMP 407 SL 409 TGT 406................................................HIT BUY BANK OF BARODA FUTURE CM..

PwC red flags holes in Reliance Capital, Home Finance books

The irregularities, which involved alleged diversion of funds and transactions between the two firms and other group companies, came to light while it was auditing the books of the two companies for t..

YES Bank shareholders flag governance issues, but back new management ill replaced Rana Kapoor after

Shareholders of private lender YES Bank on Wednesday raised issues of corporate governance at its annual general meeting (AGM) — the first since Ravneet Gill took over as managing director and chief..

YESTERDAY OUR CALLS

BUY NICKEL CMP 864 SL 854 TGT 872....................................HIT BUY COPPER 412 SL 408 TGT 415 ..........................................HIT BUY ZINC CMP 205.20 SL 204.20 TGT 206.50 ..........

Gems and jewellery exports plummet in May due to trade war, money crunch Tough customs scrutiny on r

Gross exports of gems and jewellery declined sharply by 12.85 per cent to $3.17 billion in May 2019 from $3.64 billiion a year ago. This is one of the sharpest falls, and it comes at a time when the i..

Brookfield, Reliance inch closer to a towering deal Apart from Brookfield, RIL chief Mukesh Ambani i

MUMBAI: Brookfield Asset Management and Reliance IndustriesNSE 0.48 % (RIL) are expected to sign a term sheet for the proposed sale of Jio’s telecom towers in the next 7-10 days as the refining-to-r..

Jet Airways sinks 14% on report of halt in Hinduja, Etihad's revival plans The stock has fallen 30%

Shares of Jet Airways (India) tumbled 14 per cent to Rs 107, also its new low on the BSE in the morning deals on Tuesday after a media report said that both Hinduja group and Etihad Airways may not pr..

GDP growth overestimated during 2011-12 and 2016-17: Arvind Subramanian Instead of the reported grow

Arvind Subramanian has just stirred the proverbial hornet's nest. In his latest research paper, the former chief economic advisor said India’s GDP growth between 2011-12 and 2016-17 was probably bum..

YESTERDAY OUR CALLS

BUY CRUDE CMP 3750 SL 3720 TGT 3785 ..................................... HIT BUY COPPER CMP 406 SL 404 TGT 408 ...........................................HIT..

Stocks gain as Mexico tariffs averted, yuan falls to 2019 lows

US stock futures and Asian shares rose on Monday after the United States dropped its threat to impose tariffs on Mexico in a deal to combat illegal migration from Central America, and as weak US jobs ..

For Reserve Bank of India, small is beautiful The small finance banks should be rechristened nationa

he Reserve Bank of India (RBI) will soon open its window accepting applications for small finance banks’ (SFBs) licence through the year. The draft guidelines for such “on-tap” licensing is like..

YESTERDAY OUR CALLS

SELL TATASTEEL FUTURE CMP 487 SL 492 TGT 480 ........................... HIT SELL ICICI CMP 412 SL 416 TGT 405 ............................................ WRONG SELL SBI CMP 340 SL 344 TGT 332.......

YESTERDAY OUR CALLS

BUY COPPER CMP 405.50 SL 403.50 TGT 406.50 ................... HIT BUY TITAN CMP 1252 SL 1246 TGT 1270...............................HIT SELL SBI FUTURE CMP 345 SL 348 TGT 340.......................

That’s IT, over to you folks: Azim Premji on his retirement

BENGALURU: Chairman Azim Premji led by example, and for WiproNSE 1.01 % employees, he was a professional who backed his staff to take the decisions that would go on to make the IT services provider wh..

RBI cuts repo rate by 25 bps to 5.75%; changes stance to 'accommodative'

The Reserve Bank of India (RBI) on Thursday cut the policy rate by 25 basis points (bps), as widely expected, and changed its stance to ‘accommodative’, which Governor Shaktikanta Das said meant r..

DHFL crisis: How the housing finance giant's fortunes took a downward turn

A strong brand in tier-II and lower cities, DHFL was an AAA-rated company till February 3, when it was downgraded to AA+ by CARE Ratings. A series of downgrades has eroded its stock by half since then..

How to play the markets ahead of RBI's policy review

For now, the S&P BSE Sensex is trading well above the 50-DMA and is showing positive sentiment, which is likely to persist for some more time BSE Sensex: Although the index gave a close above the t..

YESTERDAY OUR CALLS

BUY CRUDE CMP 3710 SL 3660 TGT 3770 ...................................HIT SELL ZINC CMP 205.60 SL 206.50 TGT 204 ......................................HIT BUY MARUTI FUTURE CMP 6850 SL 6800 TGT ..

YESTERDAY OUR CALLS

BUY GOLD CMP 31580 SL 31510 TGT 31680............................ HIT SELL CRUDE CMP 4145 SL 4170 TGT 4110............................HIT BUY VGUARD FUTURE CMP 228 SL 222 TGT 238 ...................

YESTERDAY OUR CALLS

SELL CRUDE CMP 4090 SL 4130 TGT 4050......................................HIT BUY GOLD CMP 31700 SL 31600 TGT 31800..................................HIT SELL NIFTY CMP 11900 SL 11930 TGT 11850......

LAST TRADING DAY OUR CALLS

BUY ZINC CMP 213 SL 212.50 TGT 213.60 ....................... HIT BUY TATAMOTOR FUTURE CMP 178 SL 175 TGT 183 ...................... HIT BUY VEDL FUTURE CMP 158 SL 155 TGT 163 ......................

YESTERDAY OUR CALLS

BUY GOLD CMP 31430 SL 31370 TGT 31500...............................HIT SELL ZINC CMP 213.20 SL 214 TGT 212 .......................................HIT BUY NIFTY CMP 11750 SL 11720 TGT 11800.........

YESTERDAY OUR CALLS

SELL COPPER CMP 422.60 SL 425.60 TGT 420......................... HIT SELL CRUDE CMP 4440 SL 4470 TGT 4410................................HIT SELL NIFTY CMP 11850 SL 11910 TGT 11750 ................

LAST TRADING DAY OUR CALLS

GOLD SELL CMP 31950 SL 32050 TGT 31800 HIT SBI BUY CMP 315 SL 310 TGT 319 HIT YES BANK SELL CMP 144 SL 147 TGT 137 HIT..

YESTERDAY OUR CALLS

CRUDE OIL BUY CMP 4400 SL 4370 TGT 4440 HIT RELIANCE CAPITAL BUY CMP 107 SL 104.50 TGT 113 HIT TATA STEEL BUY CMP 458 SL 454 TGT 470 HIT..

YESTERDAY OUR CALLS

NICKEL BUY CMP 845 SL 837 TGT 853 HIT CRUDE OIL CMP 4310 SL 4280 TGT 4350 HIT..

YESTERDAY OUR CALLS

CRUDE OIL BUY CMP 4340 SL 4310 TGT 4370 HIT TCS FUTURE SELL CMP 2140 SL 2160 TGT 2100 HIT NIFTY SELL CMP 11275 SL 11308 TGT 11220 WRONG..

YESTERDAY OUR CALLS

SILVER BUY CMP 37300 SL 37050 TGT 37600 HIT GOLD BUY CMP 32030 SL 31930 TGT 32150 HIT TECH MAHINDRA BUY CMP 810 SL 800 TGT 825 HIT TVS MOTOR FUTURE SELL CMP 470 SL 476 TGT 462 HIT..

YESTERDAY OUR CALLS

LEAD SELL CMP 129.10 SL 130.10 TGT 128.10 HIT ALUMINIUM SELL CMP 146.70 SL 147.40 TGT 146.30 HIT BANK NIFTY BUY CMP 29050 SL 28960 TGT 29155 HIT NIFTY BUY CMP 11325 SL 11290 TGT 11388 HIT KO..

YESTERDAY OUR CALLS

ZINC BUY CMP 213.50 SL 212.80 TGT 214.30 HIT NATURAL GAS SELL CMP 182.30 SL 184.90 TGT 181 HIT BANK NIFTY SELL CMP 29089 SL 29150 TGT 28979 HIT..

YESTERDAY OUR CALLS

ALUMINIUM BUY CMP 147 SL 146.30 TGT 147.80 HIT ZINC BUY CMP 215.60 SL 214.90 TGT 216.40 HIT BANK NIFTY SELL CMP 29345 SL 29440 TGT 29280 HIT NIFTY SELL CMP 11493.50 SL 11520 TGT 1145..

Dalal Street unsettled - Expert advise to buy stocks

Dalal Street unsettled Experts emphasize on reasons to buy stocks as Dalal Street is unsettled. They produce the theory – “Buy when there is fear in the market and sell when there is greed”. T..

YESTERDAY OUR CALLS

CRUDEOIL SELL CMP 4300 SL 4330 TGT 4250 HIT WOCKHARDT PHARMA SELL CMP 414.50 SL 420.05 TGT 402 HIT..

Factors affecting activities of stock market

Factors affecting Stock Market Activities The stock market as such can be effected in favour or adversely because of below listed so many reasons/ factors or incidents on Global or domestic level. ..

YESTERDAY OUR CALLS

NICKEL BUY CMP 835 SL 825 TGT 842.50 HIT SILVER BUY CMP 37200 SL 37090 TGT 37650 WRONG BANK NIFTY BUY 29780 SL 29680 TGT 29830 HIT NIFTY BUY 11661.50 SL 11640 TGT 11705 WRONG..

Stock Market

The stock market is a place where investors can trade in different financial instruments, such as shares, bonds and derivatives. The stock exchange is a mediator that allows buying/selling of shares. ..

INVESTING IN STOCK MARKET - NEW ENTRANTS

Investing in Stock Market basically new entrants: Here are some Tips, a beginner should & must know before entering the stock investment world and to get started easily with investing in the stock ..

YESTERDAY OUR CALLS

CRUDE OIL SELL CMP 4285 SL 4315 TGT 4253 HIT NICKEL BUY CMP 848 SL 840 TGT 858 HIT GOLD SELL CMP 31300 SL 31400 TGT 31180 WRONG BANK NIFTY BUY 29978 SL 29878 TGT 30178 HIT NIFTY BUY ..

7 Reasons why purchasing gold on Akshaya Tritiya is auspicious

1 It is estimated that about 20 tonnes of gold are purchased/sold on Akshaya Tritiya. But why do we buy gold on Akshaya Tritiya? Reasons for buying gold on Akshaya Tritiya: 1. Multi-purpose Yes, go..

YESTERDAY OUR CALLS

CRUDE OIL: SELL 4415 SL 4440 TGT 4365 HIT COPPER: SELL 434.20 SL 436 TGT 431.10 HIT..

Investing is a long game- "Warren Buffet"

“Now if they think they can dance in and out [of the market] and buy and sell stocks, they ought to head for Las Vegas. I mean, they can’t do that,” Buffett told “Squawk Box” October 2014. �..