The economy of the Japan unexpectedly came down into the recession in the third quarter. Prime Minister Shinzo Abe has to delay an unpopular sales tax hike due to this recession & it called for a snap election two years before. Prime Minister Shinzo Abe increased sales tax from 5% t…
Continue reading...RBI likely to cut interest rate in its next meet
The fast cooling inflation is making the case for the Reserve Bank Of India (RBI) to cut the interest rate when they will have their next monetary policy meeting on December 2nd. Inflation is below the Central Bank’s target of 8 per cent for January 2015 and even dropped below the …
Continue reading...Double cheer for Indian Economy: September IIP incerases to 2.5% and October inflation down to 5.52%
The Index of Industrial Production (IIP) for the month of September came in at a higher than expected 2.5% where it was 0.5% in the month of August. The consumer Price Index (CPI) inflation for the month of October came down to 5.52% where it was 6.46% in the month of September. …
Continue reading...Kingfisher Airlines : Trading suspended from Dec. 1st
Due to not reporting the financial results, BSE and NSE are to suspend the trading of Kingfisher Airlines. There will be suspension trading of shares of Kingfisher Airlines Ltd. from December 1st as they failed to comply with the rules on reporting financial results by India’s two…
Continue reading...Cash Is King : Gold hits 5 year low
Expectations of rate hike by Fed trigger sell-off. On Wednesday, Gold hits 5 year low due to a heavy pullout by investors, to divert their funds into riskier assets following expectations of an interest rate rise by the US Federal Reserve on strong recovery in the American economy. Gold …
Continue reading...Markets to remain closed on Thursday (06-11-14)
Markets to remain closed on Thursday (06-11-14) on account of Guru Nanak Jayanti. …
Continue reading...HDFC – FIIs stake swings to nearly 78%
High demand from overseas investors for the most liked stock for foreign funds, takes HDFC’s stake to a record-high of nearly 78 per cent during the quarter ended September 2014. Smart returns given by the company has compelled FIIs to increase their stake in the company. …
Continue reading...Markets to remain closed on Tuesday (04-11-14)
Markets to remain closed on Tuesday (04-11-14) on account of Moharram …
Continue reading...Tide turns for order flows
India Inc gets about Rs 67,000 cr worth of fresh orders in the Sept quarter, a rise of 45% sequentially If order inflows are a harbinger of an improvement in the investment cycle, India Inc has reason to feel happy. In the quarter ended September this year, companies received about Rs 6…
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