Financial

  • Mamata 'offers' to quit over Trinamool's poor show; also alleges EVMs were rigged 25 May 2019 14:50 Kolkata- Two days after the elections results that left her Trinamool Congress with 22 seats in the state, 12 seats down from last Lok Sabha election, West Bengal Chief Minister Mamata Banerjee offered to resign at a meeting with party colleagues. She also …
  • Sabarimala issue did not impact LS poll outcome; Will not change style of functioning: Pinarayi Vijayan 25 May 2019 14:50 THIRUVANANTHAPURAM: Kerala Chief Minister Pinarayi Vijayan Saturday said the Sabarimala women's entry issue was not the reason for the ruling LDF's rout in Lok Sabha elections and claimed many voted for Congress expecting it to form the government …
  • Mnangagwa, Chiwenga fly Dubai planes to India and South Africa 25 May 2019 07:30 JOHANNESBURG, South Africa – President Emmerson Mnangagwa and his deputy Constantino Chiwenga have taken two Dubai-registered private jets on foreign trips in the last seven days – spending precious foreign currency. Chiwenga, currently receiving treatment …
  • Petition in Delhi High Court challenges Nagaland Act on ‘online games of skill’ 25 May 2019 06:54 A PIL in the Delhi high Court has challenged provisions in the ‘Nagaland Prohibition of Gambling and Promotion and Regulation of Online Games of Skill Act, 2016.’ (Photo Courtesy/pixabay) Morung Express News Dimapur | May 24 A Public Interest …
  • Should a small business invest in AI and machine learning software? 25 May 2019 06:11 By Rishi Mehra Artificial Intelligence (AI) and Machine Learning (ML) are the buzzwords in today’s technology and business landscape. Both AI and ML are touted to give businesses the edge they need, improve efficiencies, make sales and marketing better and …
  • Wk in 10 stocks: Timken, KEI, DBL, RPower among big winners 25 May 2019 06:06 NEW DELHI: It was a breathless week for Dalal Street as equity benchmarks hit new highs and rallied nearly 4 per cent. BSE Sensex zoomed 1,504 points to 39,434 as of May 24 from 37,930 on May 17, while NSE’s Nifty gained 437 points to 11,844. Since the …
  • Brokerages positive on banks, housing and utility stocks 25 May 2019 04:51 Mumbai: Brokerages gave a thumbs up to the landslide victory of the Bharatiya Janata Partyled coalition in the just concluded general elections. The government’s focus should now be on affordable housing, removing distress in rural economy, crisis in the …
  • Likely increase in FII flows may push up multiples further 25 May 2019 04:51 ET Intelligence Group: Considering the euphoria around the clear mandate to the National Democratic Front (NDA) in the general elections, market multiples are expected to expand as real economic growth may take some more time to improve. The Nifty 50 …
  • Modi 2.0 wants to set 100-day agenda for flagship schemes 25 May 2019 04:34 NEW DELHI: The government machinery has lined up big-ticket projects and a revamp of flagship missions that will kick off as Prime Minister Narendra Modi begins his second term in office. Working on a directive from the Prime Minister’s Office (PMO) to …
  • India could get a new govt on May 30 25 May 2019 03:41 NEW DELHI: Prime Minister Narendra Modi met President Ram Nath Kovind on Friday evening and tendered his resignation along with the council of ministers. He is likely to take oath, along with his new ministry, on the evening of May 30 in the forecourt of …
  • Japan and India to develop Colombo port, countering Belt and Road 25 May 2019 02:31 With Sri Lanka, partners take on China’s expanding Indian Ocean presence Nikkei staff writers May 20, 2019 Port of Colombo is an important strategic spot for both China and Japan. (Photo by Yuji Kuronuma) TOKYO — The governments of Japan, India and Sri …
  • Reserve bank moots checks and balances to tackle NBFC stress 25 May 2019 02:22 MUMBAI: The central bank on Friday proposed a set of strict norms for non-banking financial companies (NBFCs), including mandatory investments in government bonds and maintenance of cash thresholds, to enable them to tide over liquidity problems without …
  • NHAI eyes Rs 5,000 crore from roads bidding 25 May 2019 02:22 NEW DELHI: The government will soon offer 550 km of roads to private companies to operate and collect tolls, in a move to get cracking on an asset monetisation plan, an official told ET. The National Highways Authority of India will seek bids for the roads …
  • ESI officials profiteered: Vigilance and Enforcement 24 May 2019 21:55 Hyderabad: The vigilance and enforcement (V&E) wing, following a detailed inquiry, has filed a report stating that there is a multi-crore scam in the supply of medicines to dispensaries and ESI Hospitals by non-rate contract firms, involving top …
  • Narendra Modi meets seniors, to take oath on May 30 24 May 2019 21:54 New Delhi: A day after the Lok Sabha verdict gave a second term to Prime Minister Narendra Modi-led NDA with a thumping majority, BJP sources indicated on Friday that the swearing-in ceremony of the new government could take place on May 30, giving Mr Modi …
  • Going reasonable: Finance Ministry revises tax collection target for FY20 24 May 2019 18:02 A day after election results are out, the Ministry of Finance has moderated the tax collection target for smaller cities, while increasing it for bigger centres like Mumbai and Delhi for the financial year 2019-20 (FY20). However, the total budgetary …
  • JSW Q4 net slips 48%; company announces new capex 24 May 2019 17:44 Mumbai: JSW Steel reported a 48% decline in net profit in the fourth quarter after higher costs squeezed margins. The company’s board approved new capital expenditure worth Rs 5,700 crore. Profit fell to Rs 1,495 crore in the three months ended March …
  • REC Q4 profit rises 50% to Rs 1,256 crore 24 May 2019 15:35 New Delhi: State-owned REC posted around 50 per cent jump in standalone net profit to Rs 1,256.13 crore in the March 2019 quarter, mainly on the back of higher income. The company's standalone net profit for the quarter ended March 31, 2018, was Rs 839 …
  • RBI issues draft circular on liquidity risk management for NBFCs 24 May 2019 15:13 The Reserve Bank of India (RBI) on Friday proposed introducing a liquidity coverage ratio (LCR) for large non-banking finance companies (NBFC) to help tackle liquidity problems in the sector. The central bank said it planned to implement LCR, a liquidity …
  • India's REC March-Qtr Net Profit Rises 24 May 2019 14:17 May 24 (Reuters) - REC Ltd ::MARCH QUARTER NET PROFIT 12.56 BILLION RUPEES VERSUS 8.39 BILLION RUPEES LAST YEAR.MARCH QUARTER TOTAL REVENUE FROM OPERATIONS 66.72 BILLION RUPEES VERSUS 59.40 BILLION RUPEES LAST YEAR.  Full Article REC Ltd ::AJEET AGARWAL …
  • Not looking at collaboration on cars, clarifies Hinduja 24 May 2019 14:01 Chennai: Hinduja group flagship Ashok Leyland Friday clarified it was not holding any discussion with US-based electric vehicle major Tesla for a possible tie-up. Dheeraj Hinduja, a third generation member of the UK-based Hinduja family and Ashok Leyland …
  • After Market: Investors make Rs 2.54L cr in a day; 176 stocks hit upper circuits 24 May 2019 13:44 NEW DELHI: The domestic equity market notched up solid gains on Friday as investors, who were on the sidelines in the run-up to the general election, embarked on a buying spree across sectors. “The market rallied as money on the sidelines entered the …
  • Housing Development Finance Corporation Divests 6.1% Stake In Gruh Finance 24 May 2019 13:19 May 24 (Reuters) - Housing Development Finance Corporation Ltd ::SAYS CO DIVESTED 6.1 PERCENT STAKE IN GRUH FINANCE AT AVERAGE PRICE OF 260.07 RUPEES PER SHARE.  Full Article April 30 (Reuters) - Gruh Finance Ltd ::MARCH QUARTER PROFIT 1.30 BILLION RUPEES …
  • F&O: Option positions show bulls holding a tight grip 24 May 2019 12:09 By Chandan Taparia The Nifty50 managed to hold its support in the 11,650-11,666 zone on Friday and rallied around 200 points to head towards 11,850 level. It managed to record the highest daily close after making a fresh lifetime high of 12,040 on the …
  • India could potentially be in the best five-year period of its economic life 24 May 2019 10:29 It is entirely possible to have a slowing global economy and an accelerating Indian economy largely driven by domestic investment and consumption, said Manish Chokhani, Director, Enam Holdings, in an interview with ETNOW. Edited excerpts: What explains …
  • Arun Jaitley Unlikely To Remain Finance Minister: Report 24 May 2019 10:10 Arun Jaitley congratulated PM Narendra Modi and BJP workers for the election victory New Delhi: Finance Minister Arun Jaitley is unlikely to continue in his current role due to poor health as Prime Minister Narendra Modi begins his second term, according …
  • MSME Schemes: Everything about Providing Assistance to Training Institutions 24 May 2019 09:37 Run by: Ministry of MSME Applicable to: State Government, Union Territory Government, EDI enrolled training institutes, NGOs, Other Development Agencies An old adage says, "Give a man a fish and you feed him for a day; teach a man to fish and you feed …
  • Exclusive: Jaitley unlikely to remain Indian finance minister in Modi's new term - sources 24 May 2019 09:35 NEW DELHI (Reuters) - India’s Finance Minister Arun Jaitley is unlikely to continue in his current role due to poor health as Prime Minister Narendra Modi begins his second term, according to four sources with knowledge of the matter. FILE PHOTO: India…
  • Share market update: Media shares rise; Inox Leisure surges 7% 24 May 2019 09:30 NEW DELHI: Media shares were trading in the positive zone in Friday's afternoon session. Shares of Eros International Media (up 7.98 per cent), Network 18 Media & Investments (up 7.68 per cent), Inox Leisure (up 7.51 per cent) and Zee Media …
  • Share market update: Nifty Financial Services index up; Edelweiss gains 4% 24 May 2019 09:30 NEW DELHI: The Nifty Financial Services index was up with most of its components trading higher in Friday's afternoon session. Shares of Edelweiss Financial Services (up 4.60 per cent), ICICI Prudential Life Insurance Company (up 4.31 per cent), ICICI …
  • Here’s what MSMEs expect from Modi 2.0 24 May 2019 09:10 Lauding the economic reform agenda initiated by the Prime Minister Narendra Modi-led NDA Government during its first term, stakeholders from the MSME sector have come up with their wishlist for the new Government. Figuring on top of their list are the …
  • Gold rate today: Gold, silver down in afternoon trade 24 May 2019 08:40 Precious metals including gold and silver were trading lower due to some selling by investors and industrials amid clarity over political uncertainty. MCX Gold was down 0.24 per cent at 31,595 per 10 gram at around 12.30 pm (IST), while MCX Silver was down …
  • How Modi govt's 2nd term may impact your money and what full budget 2019 may bring 24 May 2019 08:23 Now that Narendra Modi's is back as the prime minister, here's how the BJP government's second term can impact your personal finances and what the full budget 2019 may bring. Income tax sops, extension of an existing housing scheme, pension …
  • Why CLSA’s Mahesh Nandurkar is bullish on property developers 24 May 2019 08:06 From a valuation perspective, the EPC, the contractors and also infrastructure companies look attractive. There should be a shift in the investment portfolios away from the expensive consumer names to the bottom of the cycle plays like property developers, …
  • PM Modi begins talks for new cabinet; will Arun Jaitley return as Finance Minister? 24 May 2019 08:00 Prime Minister Narendra Modi and BJP chief Amit Shah wave at party workers during a party programme in New Delhi on May 23, 2019.IANS After BJP's thumping victory in the Lok Sabha elections, Prime Minister Narendra Modi will hold a meeting with senior …
  • A $1.4 trillion India spending push tops Modi 2.0 Agenda 24 May 2019 06:42 By Vrishti Beniwal and Ronojoy Mazumdar India’s economy is set for a major boost if Prime Minister Narendra Modi follows through with key campaign promises following his party’s sweeping election victory. The Bharatiya Janata Party pledged cash handouts to …
  • Sensex jumps 300 points, Nifty tests 11,750; bank, financials lead 24 May 2019 06:10 NEW DELHI: The bulls roared back on Dalal Street, with benchmark indices jumping one per cent on Friday, riding on the back of Narendra Modi’s massive win in the 2019 general elections. The new government will hit the ground running as it looks to get …
  • In India, Prime Minister Narendra Modi Wins in Landslide Re-election 24 May 2019 06:02 By Amy Goodman & Nermeen Shaikh, Democracy Now! Published May 23, 2019 Indian Prime Minister Narendra Modi appears set to enter a second term in a landslide victory. Election results show Modi’s Hindu nationalist BJP party leading in 325 of the 543 …
  • Near-term worries for finance ministry: Credit woes, slowing demand 24 May 2019 05:37 BY RAHUL BAJORIA The feat of winning consecutive majorities by a single party has not been achieved in India since the seminal elections of 1984. The government would also not be mistaken in interpreting the results as a strong referendum on the macro …
  • India's Modi begins talks for new cabinet after big election win 24 May 2019 04:46 By Krishna N. Das NEW DELHI (Reuters) - Indian Prime Minister Narendra Modi will hold talks on Friday to form a new cabinet to tackle a stuttering economy and other challenges facing his second term after winning a big majority. Official data from the …
  • Buzzing stocks:YES Bank, RIL, GRUH Finance, BoB 24 May 2019 04:04 NEW DELHI: GRUH Finance with over 0.73 crore shares changing hands was leading among the most traded stocks on NSE on Friday. Shares of Ashok Leyland (number of shares traded: 0.08 crore), YES Bank (number of shares traded: 0.07 crore), Bank of Baroda ( …
  • Create supply side revolution, unleash exports to fire up economic engine 24 May 2019 04:04 By S NAREN CIO, ICICI Prudential Mutual Fund India’s equity markets hit an alltime high with the BJP-led National Democratic Alliance coming to power for the second time in a row, backed by a thumping majority. Continuity in administration brings in much- …
  • Before new Modi sarkar, economic agenda tayyar 24 May 2019 02:32 NEW DELHI: The new government will hit the ground running as it looks to get economic growth back on track by simplifying taxes, easing compliance and spurring demand. A plan to kickstart private investment and stimulate demand has already been drawn up as …
  • Bridge NBFC-bank divide, get credit to flow 24 May 2019 02:25 Non-banking finance companies (NBFCs), which have helped credit reach last-mile borrowers, would likely be priority for the new administration that needs to ease access to funds for NBFCs so that India’s consumption demand and financial stability remain …
  • INSIGHT-India's jobs deficit: Project in Gujarat struggling to create employment 24 May 2019 02:09 (This is one of a series of stories on the difficulties the Modi administration has faced in creating jobs) * GIFT City supports 9,000 jobs versus the 1 million planned * 5% of 62 million sq ft planned development is “operational” * GIFT at “inflection …
  • India’s stealth privatisation 24 May 2019 00:51 IN 2007 INDIA combined two troubled state-run champions, Indian Airlines for domestic flights and Air India for international ones, in the hope that consolidation would produce higher profits and happier flyers. Instead, the merger created unhappy unions, …
  • India elections- Modi's BJP heading for landslide win 23 May 2019 21:42 Indian Prime Minister Narendra Modi has led his Hindu nationalist Bharatiya Janata party to a historic landslide re-election, affirming his huge popularity in the eyes of India’s voters, after a bitterly fought electoral contest framed as a referendum on …
  • Young, educated and jobless: The struggles of India's graduates 23 May 2019 17:30 Mumbai, India - Down a dimly-lit backstreet known locally as Study Lane in central Mumbai, India's financial capital, Rohit Singh can frequently be found poring over his textbooks. He is trying to get into an expensive Masters in Business …
  • India's Modi will need to hit the ground running with economy, Pakistan 23 May 2019 11:36 NEW DELHI, May 23 (Reuters) - From a shortage of job opportunities and a stuttering economy to tense ties with old foe Pakistan, Indian Prime Minister Narendra Modi will face a host of challenges after winning a big majority on Thursday. Modi’s election …
  • CAA Launches Library Pictures to Finance Film Projects, Drawing Writers' Ire 23 May 2019 10:04 David Taghioff One of Hollywood’s top talent representation firms, Creative Artists Agency, has formed a new company to finance film projects — even as many of the writers it’s represented are taking action against the agency over just such business …
  • All eyes on portfolio allocation; India needs 5 or 10 Gadkaris 23 May 2019 09:49 In the second term, the government will have to organise better and create a better environment for infra companies to function which is needed if you want to give a very big mega infra push, said Porinju Veliyath, MD & Portfolio Manager, Equity …
  • Instant View: India PM Modi’s party storms to thumping majority in election 23 May 2019 09:19 NEW DELHI/MUMBAI/BENGALURU (Reuters) - Indian Prime Minister Narendra Modi on Thursday swept to a huge election victory, giving his party a mandate to pursue policies that put Hindus first, are mainly business-friendly and take a hard line on …
  • Made in Heaven shows modern India a mirror, and it’s beautiful, warts and all 23 May 2019 09:11 The show explores modern Indian life and how traditions continue to dictate terms. PHOTO: IMDB The stories a society tells reveal a lot about its character, its maturity, and its willingness to look itself square in the eye and embrace the entirety of not …
  • India PM Modi’s party set to win thumping majority in election 23 May 2019 08:12 MUMBAI/BENGALURU/NEW DELHI (Reuters) - Prime Minister Narendra Modi’s party was set for a historic victory as India on Thursday counted hundreds of millions of votes from its general election. Supporters of Bharatiya Janata Party (BJP) celebrate …
  • Modi 2.0: India Inc, D-Street honchos second-guess what’s on the cards 23 May 2019 08:06 NEW DELHI: Narendra Modi-led National Democratic Alliance (NDA) government was set to return to power as it led in over 300 seats while the Congress trailed far behind with less than 100, according to trends released for all 542 seats that went to polls. …
  • India PM Modi's party looks set to sweep general election 23 May 2019 07:13 MUMBAI/BENGALURU/NEW DELHI (Reuters) - Prime Minister Narendra Modi’s party was set for a historic victory as India on Thursday counted hundreds of millions of votes from its general election. Supporters of Bharatiya Janata Party (BJP) celebrate …
  • India’s Modi has been a bellwether for global populism 23 May 2019 06:47 Want smart analysis of the most important news in your inbox every weekday along with other global reads, interesting ideas and opinions to know? Sign up for the Today’s WorldView newsletter. India’s election has been a gargantuan test for democracy. There …
  • 10 challenges India will face no matter who wins the elections 23 May 2019 06:45 The results of elections alone will not change everything about the country. The results of India’s elections, out on Thursday, will have a huge impact on the direction of the country over the next five years. Exit polls seem to suggest that the ruling …
  • India- Global Natural Language Generation Market Insight on the Analysis by Essential Factors and Trends In Industry by 2025 | Automated Insights, Amazon Web Services, AX Semantics, Artificial Solutions 23 May 2019 02:24 (MENAFN - GetNews) Global Natural Language Generation Market, By Component (Software, Services), By Business Function (Finance, Operations, Marketing, Human Resources), By Deployment Model (Cloud, On Premises), By Organization Size (Small & Medium, …
  • India for more anti-terror cooperation 23 May 2019 02:15 New Delhi: India on Wednesday called for strengthening the Regional Anti-Terror Structure (RATS) with effective partnership among Shanghai Cooperation Organisation (SCO) member states to combat the menace of cross-border terror network in the Eurasian …
  • Asian Development Bank to provide USD 750 million loan to India for railway track electrification project 22 May 2019 17:37 NEW DELHI: Multilateral funding agency Asian Development Bank (ADB) Wednesday said it has signed an agreement to provide USD 750 million equivalent in Indian rupee long-term financing to electrify railway tracks in India. It is the largest single non- …
  • India's central bank concerned to avert contagion from NBFC liquidity issues -sources 22 May 2019 17:06 * RBI keen to ensure NBFC issues do not cause systemic crisis-sources * RBI unlikely to provide direct help to the sector -sources * RBI plan to use “nuanced” approach to tackle issues -source By Swati Bhat and Manoj Kumar MUMBAI/NEW DELHI, May 22 ( …
  • Fall in usable reserve attributed to repayment for a currency swap with India 22 May 2019 13:15 The usable reserve of Maldives dropped to USD 251.8 million by the end of March. Financial statistics published by Ministry of Finance shows Maldives had USD 317.9 million in its usable reserve by end on January, which fell to USD 295.3 million by end of …
  • Lanka, Pulwama attacks made India more determined to resolutely fight terrorism: Swaraj tells SCO 22 May 2019 12:19 Bishkek: India on Wednesday said the ghastly bombings in Sri Lanka at a time when the wounds of the Pulwama terror attack were still raw in people’s mind has made it more determined to resolutely fight against the menace. Addressing the meeting of Shanghai …
  • MARKETS LIVE: Sensex gains 100 pts, private banks surge; India VIX up 14% 22 May 2019 09:25 Benchmark indices were trading higher in Wednesday's volatile session as investors await the results of Lok Sabha 2019 elections which are set to be declared tomorrow. India VIX, a gauge to measure indices' voltality, rose as much as 14.17 per cent …
  • Election result comes at a time when global money can reallocate towards India: Jonathan Garner, Morgan Stanley 22 May 2019 09:03 In the last two weeks, we have been aggressively suggesting switching out of China into India and also Brazil, Australia and Japan, said Jonathan Garner, MD, Morgan Stanley, in an interview with ETNOW. Edited excerpts: . The exit polls are indicating that …
  • India home lender DHFL shares fall on deposit curbs after downgrade 22 May 2019 09:01 (Adds details) By Chandini Monnappa BENGALURU, May 22 (Reuters) - Shares of Dewan Housing Finance Corp Ltd (DHFL), one of India’s biggest home loan lenders, fell as much as 18% on Wednesday, after it stopped taking new deposits and blocked premature …
  • Buy Indostar Capital Finance, target Rs 520: HDFC Securities 22 May 2019 08:51 Indostar Capital Finance is a midcap company, operating in finance sector. ETMarkets.com| Updated: May 22, 2019, 01.10 PM IST ThinkStock Photos The brokerage has set a one-year horizon for the stock to hit the target price. ChartsValuation & Peer …
  • New India leader should prioritize easing land acquisition rules 22 May 2019 06:23 by Shruti Srivastava India’s new government should make it easier for companies to acquire land and scrap archaic laws around hiring workers as part of its first reform measures, the finance ministry’s top adviser said. A new prime minister, expected to be …
  • Investing in Fixed Deposits is ideal given the volatility of India's markets 22 May 2019 06:17 Mumbai: As the nation waits for the Lok Sabha election results to be announced on 23 May 2019, the market has gone into a tizzy. Amidst the exit poll predictions, Nifty has gained 250 points while the BSE Sensex has gained 850 points. But, there's no …
  • India- Drip Capital apprises SME exporters in Gurugram about alternative working capital solutions 22 May 2019 05:13 (MENAFN - KNN India) Drip Capital apprises SME exporters in Gurugram about alternative working capital solutions Gurugram, May 21 (KNN) Trade finance firm Drip Capital apprised the SME exporters in Gurugram about the alternative working capital solutions …
  • India: Parched state could use cloud seeding to trigger rainfall 22 May 2019 04:55 MUMBAI: With water stocks fast drying up and forecast of a delayed monsoon, the state government is looking at cloud seeding experiments as a possible solution to enhance rainfall. The relief and rehabilitation department has sent the proposal to the …
  • HDFC Group overtakes Tata Group as India’s largest 22 May 2019 04:20 The HDFC Group has emerged as the country’s most valuable by way of market capitalization (m-cap), displacing the Tata Group that has interest in businesses as diverse as software, table salt, steelmaking and automobiles. Five listed companies of the …
  • UN cuts India’s growth rate by 0.6%, but at 7% it retains top spot 22 May 2019 03:38 United Nations, May 22 (IANS) Although the UN has downgraded India’s growth rate for the current fiscal year to 7 per cent, a cut of 0.6 percent from the projection made in January, it continues to be the world’s growth leader. Despite the projected …
  • BJP threatens to sue Kerala Finance Minister Isaac 21 May 2019 18:33 [India], May 21 (ANI): Kerala BJP will 'sue' and seek 'prosecution' of Finance Minister Thomas Isaac for accusing BJP's state unit president PS Sreedharan Pillai of trying to "sabotage development in Kerala." "Kerala BJP …
  • Small finance banks' capital rules on RBI radar again 21 May 2019 18:15 The Reserve Bank of India is said to be reviewing small finance banks’ capital and holding structure and may come up with a pari-passu arrangement for all lenders. The review of the norms may immediately benefit Equitas Small Finance Bank and Ujjivan Small …
  • India projected to grow at 7.1% in FY'20: UN report 21 May 2019 17:29 UNITED NATIONS:India's economy is projected to grow at 7.1 per cent in fiscal year 2020 on the back of strong domestic consumption and investment but the GDP growth is a downward revision from the 7.4 per cent estimated in January this year, according …
  • Personal Finance App Market 2019 by Leading Key Player Like- Intuit, Lampo Licensing, Wally Yachts, Credit Karma & More 21 May 2019 16:42 Maharashtra, India — (SBWIRE) — 05/21/2019 — Personal Finance App Market Overview The latest market report published by Reports monitors demonstrates that the will showcase a steady CAGR in the coming years. The report 'Personal Finance App …
  • India’s Modi confident as exit polls predict a clear win 21 May 2019 15:48 New Delhi — Political allies swathed Indian Prime Minister Narendra Modi in a victory garland on Tuesday, seeking to project confidence he would win a second straight term in a general election, but the opposition Congress party dismissed predictions that …
  • India’s Modi shows confidence as opposition dismisses ominous exit polls 21 May 2019 14:09 NEW DELHI (Reuters) - Political allies swathed Indian Prime Minister Narendra Modi in a victory garland on Tuesday, seeking to project confidence he would win a second straight term in a general election, but the opposition Congress party dismissed …
  • Muthoot Finance offers loan of up to Rs 10 lakh to salaried class in Delhi, NCR 21 May 2019 12:32 New Delhi, May 21 () Muthoot Finance Tuesday said it has expanded its personal loan scheme for customers in Delhi and NCR in which it will offer up to Rs 10 lakh to the salaried class. Under this, Muthoot Finance will give unsecured loans of Rs 1-10 lakh …
  • India stocks lower at close of trade; Nifty 50 down 1.01% 21 May 2019 11:29 Investing.com – India stocks were lower after the close on Tuesday, as losses in the Auto, Public Sector Undertakings and Green Energy sectors led shares lower. At the close in NSE, the Nifty 50 lost 1.01%, while the BSE Sensex 30 index fell 0.97%. The …
  • Sensex tanks 383 pts, Nifty holds 11,700 in volatile trade; India VIX up 8% 21 May 2019 11:24 Benchmark indices ended around 1 per cent lower on Tuesday as the previous day's exit poll euphoria gave way to profit-booking by investors, including in some index heavweights. The indices hit a record-high at opening, with the S&P BSE Sensex …
  • Mumbai startup Coinbazaar is aiming to strike gold by encouraging India to shop for bullion online 21 May 2019 10:11 Indians love their gold and silver. From the larger-than-life weddings to simple housewarming ceremonies, gold and silver are always a part of every celebration. Interestingly, Indians see gold and silver as “investments”. “There would hardly be a …
  • Japan and India to develop Sri Lanka’s Colombo port, countering China 21 May 2019 10:01 Author LBO Posted on May 21, 2019 | Lead Story, Shipping and Transport May 21, 2019 (LBO) – Sri Lanka has agreed to jointly develop a container terminal at the Port of Colombo with Japan and India, countering China’s expanding Indian Ocean presence, …
  • India’s Congress urges workers to ignore ominous exit polls, be vigilant 21 May 2019 08:44 NEW DELHI (Reuters) - India’s main opposition Congress party has told its workers not to lose heart and to remain vigilant at vote-count centers after exit polls predicted a clear election victory for Prime Minister Narendra Modi. A supporter of India' …
  • Loan disbursements by housing finance companies have slowed down: India Ratings 21 May 2019 06:24 Mumbai: Housing finance companies (HFCs) have slowed down their loan disbursements and this can have a spillover impact on both retail home loan borrowers and property developers, said India Ratings and Research. “The housing finance sector has been facing …
  • Sri Lanka- Japan and India to develop Colombo port, countering Belt and Road 21 May 2019 06:17 (MENAFN - Colombo Gazette) The Governments of Japan, India and Sri Lanka have agreed to jointly develop the Port of Colombo, Nikkei has learned, as the Indian Ocean becomes more integral to global trade. The project's goals are to increase the port…
  • India's Indostar Capital Finance March Qtr Consol PAT Rises 21 May 2019 03:04 Oct 31 (Reuters) - IndoStar Capital Finance Ltd ::SEPT QUARTER CONSOL PAT 639.8 MILLION RUPEES VERSUS PROFIT 694.5 MILLION RUPEES YEAR AGO.SEPT QUARTER CONSOL TOATL REVENUE FROM OPERATIONS 3.20 BILLION RUPEES VERSUS 1.99 BILLION RUPEES YEAR AGO.DECLARED …
  • If Modi wins election, who will be finance minister? 20 May 2019 19:59 NEW DELHI: India's Finance Minister Arun Jaitley looks set to retain his post if Prime Minister Narendra Modi wins a second term as expected when results come on Thursday. But if his health worsens, Railways and Coal Minister Piyush Goyal could take …
  • If Modi wins India election, who will be finance minister? 20 May 2019 15:12 NEW DELHI (Reuters) - India’s Finance Minister Arun Jaitley looks set to retain his post if Prime Minister Narendra Modi wins a second term as expected when results come on Thursday. FILE PHOTO: India's Finance Minister Arun Jaitley attends a news …
  • India stocks higher at close of trade; Nifty 50 up 3.69% 20 May 2019 14:27 Investing.com – India stocks were higher after the close on Monday, as gains in the Capital Goods, Real Estate and Public Sector Undertakings sectors led shares higher. At the close in NSE, the Nifty 50 added 3.69% to hit a new all time high, while the BSE …
  • UPDATE 2-India's BJP prepares return to power as exit polls predict clear win - sources 20 May 2019 13:06 NEW DELHI (Reuters) - India’s ruling Bharatiya Janata Party (BJP) is to meet coalition partners to discuss a new government, two BJP sources said on Monday, after exit polls predicted a clear general election victory for the party led by Prime Minister …
  • How to reform India’s financial sector 20 May 2019 12:11 A well-functioning financial sector is crucial to growth but, as India’s ailing banks demonstrate, India’s financial sector is far from efficient. To address this, in 2013, the Financial Sector Legislative Reforms Commission (FSLRC) drafted the India …
  • India’s BJP preparing for return to power 20 May 2019 12:03 India's ruling Bharatiya Janata Party (BJP) is to meet coalition partners to discuss a new government, BJP sources say, after exit polls predicted a clear general election victory for the party led by Prime Minister Narendra Modi. The talks will be on …
  • Eveready appoints two senior finance officials, co denies restructuring 20 May 2019 08:27 Eveready Industries India Ltd (EIIL) has appointed two joint chief financial officers, amid talks that its parent, the Williamson Magor Group, is scouting for a strategic partner for the dry cell battery major. Eveready Industries has denied the …
  • Buy Cholamandalam Investment & Finance Company, target Rs 1,450: Manas Jaiswal 20 May 2019 04:18 Manas Jaiswal of manasjaiswal.com has a buy call on Cholamandalam Investment & Finance Company Ltd. with a target price of Rs 1450.0 . The current market price of Cholamandalam Investment & Finance Company Ltd. is Rs 1350.5. Time period given by …
  • Tata Housing Finance looks to buy portfolios from stressed lenders 20 May 2019 03:05 Mumbai: Tata Housing Finance (THF), the home-finance arm of the $110-billion Tata Group, is seeking to expand by purchasing portfolios from stressed mortgage lenders that are struggling due to lack of funds and investor preference for larger home …
  • Family finance: How salaried Nayak can achieve financial goals easily 20 May 2019 02:50 Anirudh Nayak, age 37, is an engineer working in the UAE, where he stays with his wife and four-year-old child. He earns a monthly salary of Rs 3.8 lakh. His portfolio, worth Rs 1.99 crore, comprises Rs 1.1 crore of real estate (house and a plot), Rs 9 …
  • India has a Rs 7,500 cr plan to become an AI powerhouse 19 May 2019 19:22 NEW DELHi: The NITI Aayog has drawn up a plan for creating an institutional framework for artificial intelligence (AI) in the country. It has circulated a cabinet note to provide Rs 7,500 crore in funding for creation of cloud computing platform called …