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Economy News

opec oil crude oil saudi arabia meeting november 30 output production cap india importer algeria iraq qatar russia non-opec cartel price brent nyse nymex

US shale boom could force OPEC to take action: Here's how India can benefit

The relentless rise of U.S. shale output could prompt the world's top oil producers to bring a change in their policy, according to the Paris-based IEA. Feb 14, 2018
PSU Bank

Why it's best to avoid PSU bank stocks right now

Market experts believe the new measures by the RBI would lead to early recognition of bad loans, leading to higher provisioning expense that could subsequently hit bank profits. Feb 14, 2018
market outlook, indian stock markets, french presidential polls, indian markets and french polls, indian markets and french presidential elections, emmanuel macron, le pen

Economy and markets: All you need to know to start your day on Feb. 14

SGX Nifty signals a strong start for the Indian markets after the benchmark Sensex jumped 294 points to close at 34,300 on Monday. Feb 14, 2018
Health Insurance

Government announces health insurance cover for 10 crore families; fund seems insufficient

A close evaluation of the insurance premiums shows a huge disparity between the funds that may be required to support the government program. Feb 13, 2018
Bitcoin

Cryptocurrency transaction gets tougher in India: This bank bans use of its cards to buy bitcoins

Banks including SBI, ICICI Bank, HDFC Bank, Axis Bank and Yes Bank have already suspended accounts of major bitcoin exchanges in India. Feb 13, 2018
epfo etf investment interest rate workers employees achche din social security provident fund labour good etf returns profit roi bandaru subscribers

EPF account holders may continue to receive 8.65 interest rate for FY 18

EPFO may keep interest rate unchanged at 8.65 percent on provident fund investments for its five crore members in 2017-18. Feb 13, 2018
wipro q4, wipro q4 results, wipro q4 it revenue, wipro q1 it revenue guidance, wipro share price, wipro dividend

Wipro and Tata Steel among 2018 World's Most Ethical Companies

Wipro Limited and Tata Steel Limited are the two Indian firms that have been named by Ethisphere Institute in the list of World's Most Ethical Companies for 2018. Feb 13, 2018
Indian IT professionals

Trump immigration framework: Gain or loss for Indians chasing the American dream?

The United States grants up to 50,000 visas each year through the visa lottery program, which has only a few educational and skill requirements. Feb 13, 2018
rbi, rbi mpc meeting, rbi bi monthly meeting on april 6, sensex reacts to monetary review meeting, rbi growth projections, rbi governor urjit patel

Easing inflation does little to end RBI's policy dilemma

Consumer price index rose 5.07 percent in January from a year earlier. Feb 13, 2018
Income tax

Income tax scrutiny made online: Get all the details here

As per the new process, individuals under tax scrutiny are required to submit the responses along with attachments and evidences on the e-filing portal through the 'E-proceeding' function. Feb 13, 2018
IPO

IndoStar Capital plans IPO to raise Rs 2,000 crore

The IndoStar Capital Finance is planning to raise an estimated Rs 2,000 crore through the public offering. Feb 12, 2018
fuel prices in india, daily petrol price, daily diesel price, diesel price, petrol price, omcs, modi govt, daily fuel price

Petrol and diesel prices drop in India for 5th consecutive day

The fuel prices continued to fall for the fifth straight day in India after touching a peak on February 6. Feb 12, 2018
SBI

Is SBI not telling you something about its bad loans?

SBI on Friday said an audit by the Reserve Bank of India showed bad loans was about Rs 23,239 crore higher than what it reported earlier. Feb 12, 2018
sensex at all time high, sensex at new high, indian stock markets, djia at record high, djia makes history

Market's TINA moment: There's no alternative to a crash

The P/E ratio of Sensex stocks was near the dangerous 2008 levels while the ratio of corporate profits to GDP has been low. Feb 9, 2018
itc share price, gst laws cleared, gst bills in parliament, buzzing stocks, nifty closes at all-time high, sensex gainers, usd vs inr, india forex reserves

This analyst believes India will decouple from U.S. market in 2-3 months

U.S. selloff is unlikely to have a bearing on the emerging markets, which will outperform in medium and long-term. Feb 9, 2018
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  • Elephant shot dead

    Twenty-year-old elephant shot dead in Karnataka village; culprits at large [details]

  • Ladakh mishap

    Seven soldiers killed, 19 injured after bus falls into river in Ladakh; PM Modi expresses condolences [details]

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