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Indian IT Q4 forecast

IT Outlook 2017: Amid global headwinds, the new year may bring new lows for IT biggies

As projects get delayed, profit margins shrink and hiring hits a low, analysts expect IT growth to contract by almost 3 percent in 2017. Jan 4, 2017
intellect design arena, intellect design share price, intellect design arena news, rekha jhunjhunwala sells, rakesh jhunjhunwala intellect design arena, bse sensex, nse nifty

Sensex, Nifty close with modest gains; BSE gets approval for IPO

Benchmark indices Sensex and Nifty reversing Monday's losses; Power Grid, Axis Bank, Coal India lead rally. Jan 3, 2017
India auto

Sandhar Technologies ties up with Malaysia's MCE Holdings to sell auto ancillary products

MCE Holdings, in partnership with Gurugram-based Sandhar Technologies, will supply its existing range of products for automobile manufacturers in India. Jan 3, 2017
Twitter job cuts in Bengaluru

Twitter Greater China head Kathy Chen steps down

Chen's resignation follows a series of exits ever since the social media company announced layoffs in October. Jan 3, 2017
Singapore economy, Singapore GDP

Singapore GDP growth of 9.1% in Q4 brings little cheer for 2017; was it a case of too-good-to-be-true?

The city-state's growth outlook for 2017 remains cloudy and analysts forecast GDP growth to come in around 1 to 2 percent amid domestic and global headwinds. Jan 3, 2017
State Bank of India SBI headquarters

Drastic lending rate cuts to squeeze banks' net interest margins, say brokerages

Analysts expressed surprise at the quantum of MCLR cuts by banks and said the implication is likely to be negative for both banks as well as NBFCs. Jan 3, 2017
Crude Oil prices

Oil prices rise as hopes soar over OPEC-non-OPEC deal to slash production

The deal, which was agreed on in November to reduce output by almost 1.8 million barrels daily, officially came into force on Jan 1 Jan 3, 2017
winter session parliament modi bjp nda congress madhya pradesh simi bhopal encounter ram kishan grewal orop suicide delhi haryana soldier army pay commission opposition aap arvind kejriwal gst bills pending

Budget Session of Parliament to begin from January 31

The Economic Survey to be presented on the same day followed by the General Budget on February 1. Jan 3, 2017
bitcoin, bitcoin trading, bitcoin value in 2017, bitcoin trading, bitcoin and demonetisation, bitcoin in india

Bitcoin rings in new year with a bang

Digital currency Bitcoin rose to a three-year high to breach the $1,000 mark, indicating brisk trading ahead. Jan 2, 2017
bse sensex, nse nifty, top losers, economic survey 2017, highlights of economic survey 2017, sensex gainers, sensex losers

Tata Steel, M&M, Tata Motors, Maruti Suzuki top Sensex gainers; December PMI Manufacturing shrank for the first time in 2016

Sensex ended Monday's trade with losses but Tata Steel, Maruti Suzuki, Mahindra and Tata Motors gained; Manufacturing PMI for December slipped below 50. Jan 2, 2017
Indian railways, Railway coolies, India rail porters, coolies

Budget 2017: Railway coolies to get provident fund, pension benefits

The BJP government is planning to bring railway porters under the social security net of EPFO scheme. Jan 2, 2017
royal enfield sales in december, domestic car sales in december, bajaj auto, tvs motor, hero motocorp

Royal Enfield two-wheeler sales rise in December; Bajaj Auto posts fall

Eicher Motors, which makes Royal Enfield motorcycles, and Bajaj Auto announced December two-wheeler sales on Monday. Jan 2, 2017
Apple

Foxconn to set up Apple products manufacturing unit in Gujarat

The announcement is likely to be made during Vibrant Gujarat Global Summit 2017 in January. Jan 2, 2017
ban on currency rs 500 1,000 1000 note modi rbi demonetization black money scrapped new notes 2000 new 500 coins legal tender rbi sit narendra sbi state bank of indi atm

State Bank of India cuts interest rates on home loans to 6-year low

Earlier, India's largest lender SBI had cut interest rates by up to 90 basis points in MCLR effective from January 1, 2017. Jan 2, 2017
ban on currency rs 500 1,000 1000 note modi rbi demonetization black money scrapped new notes 2000 new 500 coins legal tender rbi sit narendra

Rs 41,500 crore deposited in Jan Dhan accounts after demonetisation; 48 lakh accounts under I-T Dept scrutiny

The I-T Dept will take action after identifying if deposits in Jan Dhan accounts belonged to somebody else. Jan 2, 2017
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