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RSS affiliate trade union Bharatiya Mazdoor Sangh opposes Modi govt's disinvestment plans

5 hours ago

Business / Business Today/ Latest News

This is the second time BMS is opposing the policy moves of the re-elected NDA government. Last week, the organisation had opposed the government's plans to speed up the enactment of Labour Codes...

SBI-led lenders file for Jet Airways' bankruptcy; hearing from Wednesday

40 minutes ago

Business / Business Today/ Biz Wrap

The decision of the lenders to seek bankruptcy comes exactly two months after the airline stopped flying on April 17, after being on the fringe since last July..

Commodity ki Paathshala in Unjha

3 hours ago

Business / MoneyControl/ Latest News

This video is an initiative of NCDEX and is intended to create awareness among readers..

Commodity ki Paathshala in Rajkot

3 hours ago

Business / MoneyControl/ Latest News

This video is an initiative of NCDEX and is intended to create awareness among readers..

Aggressive buying by China, demand for jewellery in India fuel silver prices

3 hours ago

Business / MoneyControl/ Latest News

Looking ahead, most of the investors now are expecting a rate cut by the US Fed sooner than later...

India fifth largest market for flexi-staffing: ISF

an hour ago

News / Times Of India/ Business

India has emerged as the the fifth largest country in flexi-staffing globally, said Indian Staffing Federation (ISF), the apex body of India’s flexi staffing industry...

WTI and Brent Crude Oil charts: consolidating near support zones

2 hours ago

Business / Blogs/ Subhankar Blog

WTI Crude Oil chartThe following comment appeared in the previous post on the daily bar chart pattern of WTI Crude Oil: "The imminent 'death cross' of the 50 day EMA below the 200 day EMA will technically confirm a bear market."The 'death cross' (marked by grey oval) has ended the brief foray of oil's price into bull territory during Apr-May '19. The support zone between 50-52 has provided temporary solace to bulls.Daily technical indicators are looking bearish and oversold. MACD is moving sideways below its signal line in oversold zone. RSI has emerged weakly from its oversold zone. Slow stochastic has dropped back inside its oversold zone. All three EMAs are falling, and oil's price is trading below them in a bear market. Bears are likely to continue with their 'sell on rise' strategy.On longer term weekly chart (not shown), oil's price has closed well below its three weekly EMAs in long-term bear territory. Weekly technical indicators are in b..

After Turbulent April, Domestic Air Passenger Traffic Grows by 2.96% in May

5 hours ago

News / IBNLive/ Latest Business News

The domestic air traffic in May this year consisted of 12.20 million passengers as compared to 11.85 million passengers in the same month last year, a jump of 2.96 per cent, as per the data...

You may soon be able to buy petrol, diesel from supermarket

an hour ago

Business / Business Today/ Biz Wrap

The Cabinet note being readied by the government is likely to suggest bringing down the minimum requirement for companies trying to get into the retail fuel segment...

Revolt RV400: first look

3 hours ago

Business / MoneyControl/ Latest News

Revolt RV400: first look..

Canara Bank revives plan to sell stake in Can Fin Homes

an hour ago

Business / MoneyControl/ Business News

Last year, Canara Bank had called off move to divest its entire shareholding in housing finance subsidiary Canfin Homes after receiving lower than expected price quotation...

Anand Mahindra wants 'better deal' for this farmer

5 hours ago

News / Times Of India/ Business

Business magnate Anand Mahindra doesn't need an introduction, at least on the micro-blogging site Twitter. The billionaire and the face of the Mahindra Group is a popular name on the social platform and can be often seen showing his support towards new innovations selflessly...

FinMin Assesses Capital Needs of PSU Banks; Budget May Make Provision for Rs 30,000 Crore

5 hours ago

News / IBNLive/ Latest Business News

The first budget of Modi 2.0 government is scheduled to be presented on July 5 by Finance Minister Nirmala Sitharaman on the backdrop of India's economy hitting 5-year low growth of 6.8 per cent in 2018-19...

NEST Result 2019 declared on nestexam.in; here's how to check your score

4 hours ago

Business / Business Today/ Biz Wrap

NEST Exam Result 2019: The results were scheduled to be declared on June 17 but were eventually postponed...

Jet Airways eroded investor wealth worth Rs 9,430 crore in 18 months

3 hours ago

Business / Business Today/ Sectors

In the past 14 years Jet shareholders have lost Rs 11,397.18 crore from its peak market capitalisation of Rs 11,856.68 crore as on April 26, 2005. At that time, the share price of the airline had clocked an all-time high of Rs 1,373.35...

SAT stays Sebi#39;s order banning NDTV promoters from securities market

2 hours ago

Business / MoneyControl/ Business News

The SAT, which is the appellate authority over Sebi, has listed the appeals filed by the Roy couple and RRPR Holding Private Ltd on September 16, 2019 for hearing, it added...

Mario Draghi#39;s stimulus hints put ECB in Trump#39;s crosshairs

2 hours ago

Business / MoneyControl/ Business News

The problem is that with rates at record lows and the ECB#39;s balance sheet already swelled to 4.7 trillion euros ($5.3 trillion), its remaining ammunition is limited, raising doubts about the likely effectiveness of any further measures...

Are weak public sector banks discouraging term deposits?

an hour ago

Business / Business Today/ Talking Heads

The weak public sector banks have higher non-performing assets (NPAs), falling profitability, and lower capital levels in the books, limiting their capability to extend term deposits...

PM Modi to meet economists, sectoral experts on June 22

3 hours ago

Business / MoneyControl/ Business News

The meeting, being organised by government think tank NITI Aayog, will be attended by various ministers, NITI Aayog functionaries, leading economists, sectoral experts and industrialists, sources said...

Exclusive | Wockhardt now exploring brand portfolio sales to reduce debt

3 hours ago

Business / MoneyControl/ Business News

The Mumbai-headquartered firm is now reaching out to strategic suitors and is exploring the sale of select brand portfolios, two sources familiar with ongoing negotiations told Moneycontrol...

Gold futures up 0.57% in evening trade

4 hours ago

Business / MoneyControl/ Business News

The value of the August contracts traded so far is Rs 3,027.47 crore, and October#39;s contracts were valued at Rs 124.19 crore...

Maharashtra Govt presents Rs 20,292 cr revenue deficit budget

4 hours ago

Business / MoneyControl/ Business News

The government has estimated revenue expenditure of Rs 3,34,933.06 crore against revenue receipts of Rs 3,14,640.12 crore, said Finance Minister Sudhir Mungantiwar, who tabled the budget proposals in the Legislative Assembly...

Budget in a minute: What is Consolidated Fund of India?

4 hours ago

Business / MoneyControl/ Business News

Gaurav Choudhury, Deputy Executive Editor at Moneycontrol explains everything you need to know about the Consolidated Fund of India...

RBI to examine concerns over data localisation rule: Govt

5 hours ago

Business / MoneyControl/ Business News

The Reserve Bank of India (RBI) in April last year asked payment firms to ensure their data are stored exclusively on local servers, setting a tight six-month deadline for compliance...

Govt plans entity to screen and rate commercial borrowers: Report

6 hours ago

Business / MoneyControl/ Business News

The rating model will use artificial intelligence and machine learning to analyse the data collected..

Evening Walk Down D-St: Sensex back above 39,000! FOMC meet outcome awaited

6 hours ago

Business / MoneyControl/ Market Reports

Investors tread with caution ahead of the outcome of the crucial US Fed meeting on Wednesday, and rise in trade war fears which capped upside for markets...

Aprilia to give RS 150, Tuono 150 bigger engines in India

5 hours ago

Business / MoneyControl/ Technology News

Though nothing can be confirmed at the moment, it is expected that the upcoming motorcycles will receive a larger engine than their China-spec counterpart, the GPR 150...

Microsoft resumes sale of Huawei laptops on its online store and gives Windows licensing update

5 hours ago

Business / MoneyControl/ Technology News

Microsoft confirmed that it would keep delivering Windows software updates to current Huawei laptop users...

Need more gender diversity: Amazon India chief

an hour ago

News / Times Of India/ Business

Diversity of talent, from a gender perspective, would be a top priority area for Amazon India, according to Amazon India chief Amit Agarwal, as he addressed his staff in an all-hands meeting on Tuesday, two people present there said. Agarwal's comments come as the local arm of Seattle-based technology giant completes six years in India continuing its fight against Flipkart, where it's US-based rival Walmart now owns a 77% stake...

Days Ahead of Budget, PM Modi Meets Key Secretaries to Finalise 100-day Agenda

an hour ago

News / IBNLive/ Latest Business News

The meeting at the Prime Minister's residence is said to have had in attendance all five secretaries in the finance ministry and other key ministries as well as top officials of the Niti Aayog...

RBI to examine concerns over data localisation norms: Govt

44 minutes ago

Business / Business Today/ Biz Wrap

In April last year, the RBI had asked payment firms to ensure their data are stored exclusively on local servers, setting a tight six-month deadline for compliance..

RBI slaps Rs 1 crore fine on HDFC Bank for non-compliance of KYC norms

2 hours ago

Business / Business Today/ Biz Wrap

RBI had received a reference from customs authorities regarding submission of forged bill of entries (BoEs) by certain importers to the bank for remittance of foreign currency..

Xiaomi warns against individuals posing as firm representatives for franchisee opportunities

an hour ago

Business / MoneyControl/ Business News

Xiaomi clarified that it does not contact anyone through calls, e-mails or social media for franchise opportunities, and only accepts applications for potential franchise partners for Mi Stores through its official website...

Finance Ministry starts Twitter quiz on Budget 2019

an hour ago

Business / MoneyControl/ Business News

The full budget for 2019-20 will be presented in Parliament on July 5 by Finance Minister Nirmala Sitharaman...

New Power Projects May Get Investment-linked Deductions this Union Budget

5 hours ago

News / IBNLive/ Latest Business News

Both the Power Ministry and industry associations have approached the Finance Ministry for looking at including power sector projects in the scheme on investment-linked deductions retrospectively from April 1, 2017...

In Budget Wish-List, NAREDCO Seeks 10-Year Tax Holiday for Realtors on Rental Housing Profits

5 hours ago

News / IBNLive/ Latest Business News

In its budget wish-list, NAREDCO has recommended various incentives to promote rental housing in a big way...

SP MP refuses to say Vande Mataram during oath-taking in Lok Sabha; says it's against Islam

5 hours ago

Business / Business Today/ Biz Wrap

Samajwadi Part MP Shafiqur Rahman Bar's statement was followed with chants of 'Vande Mataram' and 'Jai Shree Ram' by other leaders present in the Parliament...

'I feel distressed for our employees,' says Jet Airways founder Naresh Goyal

4 hours ago

Business / Business Today/ Sectors

Meanwhile, two independent directors of Jet Airways stepped down from the company's board, citing the failure of the bank-led resolution plan for the debt-laden airline as one of the reasons...

Competition Commission starts study of e-commerce market

2 hours ago

Business / MoneyControl/ Business News

The Competition Commission of India#39;s move also comes at a time when there are concerns about alleged unfair business practices by online players and other entities...

Razorpay gets $75 million from Sequoia India, Ribbit Capital in Series-C funding

6 hours ago

Business / Business Today/ Sectors

Razorpay plans to increase its headcount to 700 in 2020. It also plans to hire senior members to head different product verticals in the company...

For Fed#39;s Powell, a gap with markets and Trump may need explaining

2 hours ago

Business / MoneyControl/ Business News

The Fed begins its two-day policy meeting on June 18, and will issue a new statement and economic projections at 2 p.m. (1800 GMT) on June 19. Powell#39;s press conference is scheduled to begin Wednesday at 2:30 pm...

Vistara signs codeshare agreement US-based United Airlines

3 hours ago

Business / MoneyControl/ Business News

Full-service carrier Vistara has got the permission from the central government to operate international flights. However, it has not started international operations yet...

RBI sets up panel under UK Sinha to study MSMEs

3 hours ago

Business / MoneyControl/ Business News

The committee will suggest long-term solutions for the economic and financial sustainability of the micro, small and medium enterprises, RBI said in a statement, adding the panel will submit the report by the end of June...

Bharti Airtel starts 4G services in Lakshadweep

4 hours ago

Business / MoneyControl/ Business News

Airtel said its 4G services are now available across Agatti, Bangaram and Kavaratti to begin with and will be gradually expanded to other islands of the archipelago...

SEBI permits stock exchanges to introduce futures on commodity indices

4 hours ago

Business / MoneyControl/ Business News

The stock exchanges, willing to start trading in futures on commodity indices, are required to take prior approval for launching such contracts, SEBI said in a circular...

Budget in a minute: What is non-tax revenue?

5 hours ago

Business / MoneyControl/ Business News

Gaurav Choudhury, Deputy Executive Editor at Moneycontrol explains all you need to know about non-tax revenue and major sources of government for such proceeds...

Khadi#39;s share in textile production doubles in 5 years

5 hours ago

Business / MoneyControl/ Business News

While the mill fabric production was 2,486 million square metres in the 2014-15 fiscal, the production of Khadi was 105.38 million square metres â showing a share of 4.23 percent of the overall textiles production...

Tata Group#39;s Trent to raise up to Rs 1,550 crore for expansion plans

6 hours ago

Business / MoneyControl/ Business News

Trent Ltd said it is witnessing positive traction for its lifestyle retail concepts and consequently pursuing a substantially accelerated growth programme across the Westside, Zudio and Star formats...

Trade Setup for Wednesday: Top 15 things to know before Opening Bell

an hour ago

Business / MoneyControl/ Market Edge

Deepak Jasani of HDFC Securities said traders will need to watch if the index can now hold above 11,614-11,591...

Honda Amaze Ace edition launched - here#39;s what we know

5 hours ago

Business / MoneyControl/ Technology News

The Amaze was launched in its second generation more than a year ago and fared excellently in the Indian market...

Amazon Bestseller: The Little Book of Sideways Markets: How to Make Money in Markets that Go Nowhere - Vitaliy N. Katsenelson

2 years ago

Shopping / Amazon/ Financial Books

Thoroughly enjoyable for the thoughtful and often entertaining way in which it is delivered. . . Katsenelson takes his reader step by step into the mind of the value investor by relating, in a fictional addendum to Fiddler on the Roof, the story of Tevye's purchase of Golde, the cow. He also describes his own big-time gambling evening (he was willing to lose a maximum of $40) and that of a half-drunken, rowdy fellow blackjack player to stress the importance of process. He then moves on to the fundamental principles of active value investing. What differentiates this book from so many others on value investing is that it describes, sometimes through the use of case studies, the thinking of a value investor. Not just his models or his metrics but his assessments. Katsenelson is an empiricist who weighs facts, looks for contraindications and makes decisions. He makes value investing come alive. This may be a little book, but its packed with insights for both novices and experienced invest..

PM meets key secretaries to finalise 100-day agenda

2 hours ago

News / Times Of India/ Business

PM Modi on Tuesday brainstormed with top bureaucrats of finance and other ministries to finalise the government's 100-day agenda with a focus to revive the sagging economy and create jobs. Sources said the meeting at the PM's residence had in attendance all 5 secretaries in the finance ministry and other key ministries as well as top officials of Niti Aayog...

Vistara Airline Enters into Codeshare Agreement with US-Based United Airlines

2 hours ago

News / IBNLive/ Latest Business News

The agreement will allow United Airlines to book seats for its passengers on Vistara flights and open up more than 20 destinations across India for the former...

Amazon Bestseller: The Warren Buffett Way - Robert Hagstrom

2 years ago

Shopping / Amazon/ Financial Books

Borrowing a leaf from an accomplished life is enough to decode success, says Robert G. Hagstrom in his book, The Warren Buffett Way, +Website. The author goes on to analyze various moves and decisions made by Warren E. Buffett. This books explores the forethought of a man who commenced his entrepreneurial ambitions with a mere 100 dollars in his pocket and ended up building a $20 billion empire. The author has observed Buffett's numerous pathbreaking ventures over a period of ten years. During his research, the author made sure to include even minor aspects related to the entrepreneur. Being a philanthropist and the CEO of Berkshire Hathaway, Warren E. Buffett was born in 1930. From selling chewing gum and Coca-Cola to his neighbors to becoming the wealthiest man in the world, this book gives new perspectives to prospective entrepreneurs. This book traces an inspirational career with precision and justifies it with the help of adept examples that are used throughout. The author also gi..

Chinese banks seek Rs 14,775 crore from Anil Ambani's RCom

an hour ago

Business / Business Today/ Biz Wrap

The Anil Ambani headed company borrowed Rs 9,863.89 crore from China Development Bank, which happens to be the biggest creditor to the debt-laden telecom company..

Amazon Bestseller: 100 Baggers: Stocks That Return 100-to-1 and How To Find Them - Christopher Mayer

2 years ago

Shopping / Amazon/ Financial Books

This book is about 100-baggers. These are stocks that return $100 for every $1 invested. That means a $10,000 investment turns into $1 million. Chris Mayer can help you find them. It sounds like an outrageous quest with a wildly improbable chance of success. But when Mayer studied 100-baggers of the past, definite patterns emerged..

Centre restores 'ration in kind' provision for military officers in peace areas

4 hours ago

Business / Business Today/ Biz Wrap

Centre had withdrawn the facility given to armed forces officers and replaced it with an allowance two years back...

Amazon Bestseller: The Unusual Billionaires - Saurabh Mukherjea

2 years ago

Shopping / Amazon/ Financial Books

What makes a company truly outstanding? What is the secret sauce of delivering successful results over multiple decades? What is common to Asian Paints, HDFC Bank, Axis Bank, Marico, Berger Paints, Page Industries and Astral Poly? They are Unusual Companies, built by Unusual Billionaires. This book tells the story of these seven companies, handpicked out of 5000 listed on the stock exchange. Built by visionary business leaders, they have delivered outstanding results for a decade and more. How did these companies do it? Why couldn’t this be replicated by other companies? What are they doing differently? Saurabh Mukherjea, bestselling author of Gurus of Chaos, delivers an exceptional book with lessons to learn from these seven businesses. Mukherjea tells you why focusing on the core business is central to corporate success and how a promoter giving up control to the top management could be a boon. He also explains how investors can generate market-beating investment returns from identif..

India may lose out on potential bulk drug boom for lack of policy sops

an hour ago

Business / MoneyControl/ Business News

The government, in its Draft Pharmaceutical Policy â 2017, had proposed several incentives to encourage local industries to take up the manufacture of bulk drugs. This included giving preference to the formulations produced from indigenously produced APIs in government procurements and taking them out of price control for five years...

PM Modi to meet economists, experts on June 22

3 hours ago

News / Times Of India/ Business

PM Modi will interact with leading economists and experts on Saturday to deliberate on economic policy roadmap for promoting growth and employment generation. The meeting, being organised by government think tank NITI Aayog, will be attended by various ministers, NITI Aayog functionaries, leading economists, sectoral experts and industrialists, sources said...

Piramal Enterprises Tumbles 7 Percent a Day After Selling Stake in Shriram Transport

5 hours ago

News / IBNLive/ Latest Business News

The company has sold its entire direct investment of 9.96% in the fully paid-up share capital of Shriram Transport Finance Company to third-party investors on the floor of the stock exchange, said Piramal Enterprises...

With Lenders Set to Take Grounded Aircraft to NCLT, Jet Shares Shrink 41%, Reaches All-time Low

6 hours ago

News / IBNLive/ Latest Business News

The scrip plummeted 40.78 per cent to close at Rs 40.45 on the BSE. During the day, it tanked 52.78 per cent to hit an all-time low of Rs 32.25...

Yes Bank shares hit 52-week low after brokerage firm UBS cuts target price; falls 20% in five days

6 hours ago

Business / Business Today/ Markets

Yes Bank was the worst hit among front-line stocks on the BSE; Yes Bank share price declined as much as 16.90 per cent to hit 52-week low of Rs 107.10..

Leela sale row: ITC seeks waiver of minimum shareholding norm

an hour ago

Business / MoneyControl/ Business News

The Company Act provisions recongnise only those with 10 percent or more non-promoters as minority shareholders...

ED attaches over 6,000 vehicles of Surat firm in bank fraud case

2 hours ago

Business / MoneyControl/ Business News

The agency issued a provisional order for attachment of assets under the Prevention of Money Laundering Act (PMLA) against Siddhi Vinayak Logistics Ltd (SVLL) and its Director Rupchand Baid...

Here is a list of some premium gaming phones that you can buy in India

3 hours ago

Business / Business Today/ Technology

If you are keen on playing power-hungry, heavy graphics games on your smartphone, here is a list of some premium gaming phones that you can buy...

Ind-Ra downgrades PNB#39;s Rs 6,750 crore AT1 bonds

2 hours ago

Business / MoneyControl/ Business News

The outlook reflects the negative return of asset (ROA) for two consecutive years, weak capitalisation with common equity tier (CET) I of 6.21 per cent in the fourth quarter of last fiscal, Ind-Ra said in a release...

SIAM pushes for enhanced alternative fuels penetration amid focus on electric vehicles

3 hours ago

Business / MoneyControl/ Business News

While electrification of fleet will be a major help towards providing energy security and improving environment, SIAM said that #39;India needs to work on other efforts, to not only complement this effort, considering the ultimate objective of improving India#39;s energy security#39;...

PM Modi meets key secretaries in run up to Budget

3 hours ago

Business / MoneyControl/ Business News

Modi is likely to have discussed the reforms road map for every department with a view to making it easier to do business in the country and boost economy...

Rupee snaps 3-day losing streak; rises 21 paise to 69.70 vs USD

4 hours ago

Business / MoneyControl/ Business News

The US dollar fell against its major rivals before the US Federal Reserve#39;s meeting amid expectations that the central bank may signal a rate cut. The dollar index dropped 0.1 per cent to 97.43 June 18...

India to witness launch of second ESG Fund from MF industry

4 hours ago

Business / MoneyControl/ Business News

ESG complaint companies have lower risk probability and are in a better position to deal with "possible negative externalities"...

Mahindra and Mahindra expects up to 12% growth in Bolero pickups in FY20

5 hours ago

Business / MoneyControl/ Business News

The group sold 1.62 lakh Bolero Pickup range vehicles in FY-2019, compared to 1. 49 lakh in FY-2018, registering a nine percent growth...

Wind capacity addition likely to improve to 3.5-4.0 GW in FY20: ICRA

6 hours ago

Business / MoneyControl/ Business News

The rating agency expects wind power capacity addition to increase to about 3.5 to 4 GW in FY2020, supported by the large project awards by the nodal agencies and measures being taken to address some of the key challenges...

Does a weak monsoon lead to higher inflation?

an hour ago

Business / MoneyControl/ Economy

Rainfall during the June-September season accounts for about 70 percent of Indiaâs annual rainfall and is key for the countryâs $2.5 trillion economy...

Public cloud services revenue to grow 24% in 2019: Report

3 hours ago

Business / MoneyControl/ Technology News

The firm said a survey of Chief Information Officers of companies done by it validates the rising move to cloud in India, with 34 per cent expecting to increase their spending on cloud services in 2019...

Renault Triber to be unveiled tomorrow - hereâs what to expect

5 hours ago

Business / MoneyControl/ Technology News

The car has been advertised by Renault as being super spacious and ultra-modern, which is a result of the new modular platform which the Triber is being built on...