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NEWS
IPOs likely to dry up as uncertainty rules Indian equity market
Sat, Aug 17, 2019     Source : Mint
Having declined in both numbers and valuations this year, initial public offerings may shrink to a trickle in the second half, hit by continuing volatility in the markets on account of domestic and global ...
NEWS
Rs 1,30,000 cr money manager on D-Street says FPI tax won’t have hurt in a good market
Sat, Aug 17, 2019     Source : Economic Times
Smallcap and midcap stocks have corrected significantly over the past few months.
NEWS
Equity indices end marginally firmer, Sensex settles at 37,350
Sat, Aug 17, 2019     Source : Business Line
The benchmark indices, the BSE Sensex and the NSE Nifty, closed Friday's session marginally firmer
NEWS
RBI to cut interest rates by 40 bps by March: Fitch
Sat, Aug 17, 2019     Source : Economic Times
RBI on August 7 had cut rates by 35 bps, slightly higher than market expectations of 25 bps cut.
NEWS
FM Nirmala Sitharaman hints at economic booster, but refuses to give timeline
Sat, Aug 17, 2019     Source : Financial Express
Discussions at the highest level of the Union government were going on in which current plight of declining demand and plummeting sales as well as other issues were discussed, the finance minister said in ...
NEWS
Rupee settles 13 paise up at 71.14 against dollar despite outflows
Sat, Aug 17, 2019     Source : Mint
The rupee recovered from early lows to close higher by 13 paise at 71.14 against the US currency on Friday in line with firm local equities, defying gains in the greenback overseas and foreign capital outf...
NEWS
GST rate cut for auto sector unlikely
Sat, Aug 17, 2019     Source : Financial Express
This had led to only 30 items remaining in the highest slab of 28% from the original list of as many as 235.
NEWS
Monsoon rebound prepares ground for bumper harvest
Sat, Aug 17, 2019     Source : Economic Times
Rainfall in August has been 35% above normal so far, which has further improved crop planting and filled up major reservoirs with 25% more water than the 10-year average.
NEWS
Govt adopts a new approach to bring reforms in public sector banks
Sat, Aug 17, 2019     Source : Business Standard
FinMin has asked govt-owned banks to capture 42 questions on credit, non-performing assets, Mudra loans, agriculture
NEWS
Tata Motors announces another temporary shutdown; Hero, too, shuts plant for 4 days
Sat, Aug 17, 2019     Source : Business Line
Components firms Sundaram-Clayton, Lucas-TVS also announce closures
NEWS
Jet Airways creditors' claims balloon to Rs 30,558 cr as revival hopes fade
Sat, Aug 17, 2019     Source : Business Standard
So far as the operational creditors are concerned (excluding the employees), the RP has admitted Rs 3,321 crore of claims
NEWS
London Stock Exchange’s FTSE stock market suffers longest outage in 8 years
Sat, Aug 17, 2019     Source : Financial Express
A technical glitch delayed the start of trading on Friday on the UK blue chip FTSE 100 and midcap stock indexes in what was the longest outage at one of the world's top bourses in eight years.
NEWS
Now, banks can directly buy gold from depositors for monetisation plan
Sat, Aug 17, 2019     Source : Business Standard
With relaxation, one can also deposit with refiners and purity testing centres
NEWS
PSBs on a massive review, beginning with branches and upwards
Sat, Aug 17, 2019     Source : Economic Times
"The review will be based on 16 parameters, including efficiency and potential," said a senior banker.
NEWS
Wall Street climbs at end of turbulent week
Sat, Aug 17, 2019     Source : Economic Times
Wall Street's three main indexes are down at least 1.5% since last Friday.
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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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