Markets

India's oil demand growth rate continues to outpace China's for third successive year

Analysts opine that gains in oil demand from manufacturing-led Make in India initiative will more than offset the negative impact of the note ban.

Jan 17, 2017

Delta Corp shares spurt on receiving Gangtok casino license; Reliance Industries down 3% after Q3 results

Reliance Industries reported a net profit of Rs 8,022 crore in the December quarter while its gross refining margin increased to $10.80 a barrel.

Jan 17, 2017

IMF bumps up US and China growth outlook, downgrades India on note ban

Donald Trump's promised plans to cut taxes and boost infrastructure spending is expected to boost US growth in 2017 and 2018, the IMF said.

Jan 17, 2017

Budget 2017: Higher likelihood of repo rate cut in February if govt sticks to fiscal consolidation, says ICRA economist

However, economist Aditi Nayar added that the room for incremental rate cuts would be limited to 25 bps over next six months.

Jan 16, 2017

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Sterling skids on Brexit anxiety; investors hope for Trump clarity

All the early action was in currencies where the pound sank as low as $1.1983, depths not seen since the flash crash of Oct.

Jan 16, 2017

Essilor, Luxottica merge to create a luxury eyewear giant; all you need to know about the mega merger

The combined entity will be named EssilorLuxottica that will have a presence in more than 150 countries.

Jan 16, 2017

Oil prices edge up on weaker dollar, expected crude output cuts

Traders said that prices were buoyed by a weakening dollar, which makes fuel purchases cheaper for some countries.

Jan 16, 2017

Brace up! India's telecom pricing war will further intensify, says JP Morgan

Given that most incumbent telcos are comfortably based on financial metrics, any aggressive pricing strategy would likely be matched, JP Morgan said.

Jan 15, 2017

Sebi allows mutual funds to invest in REITs and InvITs, but with strict riders

The market regulator also allowed celebrity endorsements of mutual funds at an industry level, but not a particular scheme or as a branding exercise of a mutual fund house.

Jan 15, 2017

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Sensex, Nifty snap three-day winning streak; forex reserves fall

Benchmark indices BSE Sensex and NSE Nifty closed with minor losses; foreign exchange reserves drop sharply, led by gold.

Jan 14, 2017

Demand in India's consumer electricals sector likely to revive in 3-4 months: Nirmal Bang

Footfalls have rebounded to around 70% of the pre-demonetisation level compared with only 20% in November last year, according to the brokerage.

Jan 14, 2017

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Gold, silver outlook for 2017 is bleak, says Angel Broking

The government's import duty stance in Budget 2017, impact of demonetisation, to influence gold prices this year; silver outlook also bleak.

Jan 14, 2017

JSW Cement, other investors to buy out stake in Shiva Cement

Shiva Cement -- in which ACC Ltd currently holds 13% -- said it agreed to sell its 35.6% promoter holding to JSW Cement at Rs 14 a share.

Jan 13, 2017

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Oil prices edge up on record China crude imports; Saudi output cut

Record Chinese oil imports of 8.56 million barrels per day (bpd) in December helped buoy prices.

Jan 13, 2017

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Power Grid Corporation, NTPC lead Sensex, Nifty rally; TCS Q3 results, December inflation data awaited

Shares of Power Grid Corporation (PGCIL) and NTPC gain more than 3 percent in early trade; benchmark indices Sensex, Nifty up 0.40 percent.

Jan 12, 2017

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Markets

India's oil demand growth rate continues to outpace China's for third successive year

Delta Corp shares spurt on receiving Gangtok casino license; Reliance Industries down 3% after Q3 results

IMF bumps up US and China growth outlook, downgrades India on note ban

Budget 2017: Higher likelihood of repo rate cut in February if govt sticks to fiscal consolidation, says ICRA economist

Sterling skids on Brexit anxiety; investors hope for Trump clarity

Essilor, Luxottica merge to create a luxury eyewear giant; all you need to know about the mega merger

Oil prices edge up on weaker dollar, expected crude output cuts

Brace up! India's telecom pricing war will further intensify, says JP Morgan

Sebi allows mutual funds to invest in REITs and InvITs, but with strict riders

Sensex, Nifty snap three-day winning streak; forex reserves fall

Demand in India's consumer electricals sector likely to revive in 3-4 months: Nirmal Bang

Gold, silver outlook for 2017 is bleak, says Angel Broking

JSW Cement, other investors to buy out stake in Shiva Cement

Oil prices edge up on record China crude imports; Saudi output cut

Power Grid Corporation, NTPC lead Sensex, Nifty rally; TCS Q3 results, December inflation data awaited

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]