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NEWS
Analysts bullish on Samvat 2076 as growth stimulus steps kick in
Mon, Oct 21, 2019     Source : Mint
A benign interest rate scenario amid stimulus measures of the government are expected to improve growth recovery and boost stock markets in Samvat 2076, the Hindu calendar year that starts on Diwali.
NEWS
Benchmark indices driven by a handful of stocks, large swathes of market under-performing
Mon, Oct 21, 2019     Source : Financial Express
India’s GDP grew at just 5% year-on-year in the April-June period, the slowest growth in 25 quarters, while industrial production in August plunged to the worst in six years, contracting 1.1% year-on-year.
NEWS
Market Outlook: Brexit vote, earnings to guide markets ahead
Mon, Oct 21, 2019     Source : Mint
The Indian markets may react to British Parliament's vote to delay a decision on Boris Johnson's new Brexit deal next week.
NEWS
India-US trade talks in full swing: Sitharaman
Mon, Oct 21, 2019     Source : Business Line
US Treasury Secretary to visit India next month
NEWS
Govt brings commodity option trading, settlement at par with equities
Mon, Oct 21, 2019     Source : Business Standard
Commodity options can now be settled directly instead of the current practice of options devolving into futures first and then being settled
NEWS
Tax cuts for the rich is necessary for growth is a mantra that needs to be questioned: Abhijit Banerjee
Mon, Oct 21, 2019     Source : Economic Times
Banerjee speaks on tax cuts for the rich, AI and the future of jobs, bad politics, and many other things.
NEWS
FY20 gross tax revenue likely to fall short by around Rs 2 trillion
Mon, Oct 21, 2019     Source : Business Standard
FinMin is said to have shared assessment with 15th FC
NEWS
In wake of bailout package to Pak, Sitharaman discusses stricter norms with IMF
Mon, Oct 21, 2019     Source : Mint
Indian finance minister Nirmala Sitharaman said that she had discussed the issue of the International Monetary Fund (IMF) extending a $6 billion bailout package to Pakistan while it was on the “grey list" ...
NEWS
360 infra projects show cost overruns of Rs 3.88 lakh cr
Mon, Oct 21, 2019     Source : Economic Times
The average time overrun in 550 delayed projects is 39.24 months. However, the Ministry of Statistics report also said the number of delayed projects decreases to 474 if delay is calculated on the basis of...
NEWS
Global energy giants line up for BPCL sale
Mon, Oct 21, 2019     Source : Mint
Saudi Aramco, Rosneft, Kuwait Petroleum, ExxonMobil, Shell, Total SA and Abu Dhabi National Oil Co. are among companies that have had conversations with the government on asset sales and are likely to bid ...
NEWS
Bank strike, holidays: Banks closed for 4 days in Mumbai, Pune, other cities this week
Mon, Oct 21, 2019     Source : Mint
If you are in Mumbai, Pune, Nagpur or anywhere in Maharashtra and Haryana, keep in mind that bank branches could be open only for three days this week due to assembly elections, bank strike and other bank ...
NEWS
Wipro plans to promote around 5,000 employees to check attrition
Mon, Oct 21, 2019     Source : Business Standard
In Q2FY20, Wipro's attrition rate stood at 17%, which was 60 bps lower than the previous quarter. As compared to Wipro, Infosys reported 170 bps fall in attrition on sequential basis to 21.7%
NEWS
Is it time to increase the bank deposit guarantee amount?
Mon, Oct 21, 2019     Source : Mint
A person’s aggregate deposits in a bank, including fixed deposits, are insured up to ?1 lakh by the Deposit Insurance and Credit Guarantee Corp.
NEWS
Fed leaves October cut on table, and questions about what’s next
Mon, Oct 21, 2019     Source : Economic Times
Last time the Fed reduced rates three times while the economy was growing was in 1998.
NEWS
Brexit will happen on Oct 31 despite PM's unsigned delay request, UK says
Mon, Oct 21, 2019     Source : Business Standard
The Brexit maelstrom has spun wildly in the past week between the possibility of an orderly exit on Oct. 31 with a deal that Johnson struck
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Do you think the government will be able to prevent the Rupee from falling further?
Sep 12 , 2018

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