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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 global growth outlook

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
Indian rupee

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
One pound, UK currency, coins, pound, brexit

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 and Luxottica merger

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
India's oil demand

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
Airtel

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
Securities and Exchange Board of India

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
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 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
India consumer electrical sector

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, Shiva Cement

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
oil prices, rigging equipment, oil, crude oil

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
india electricity, china india relations, china electricity

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
bse sensex, nse nifty, top losers, economic survey 2017, highlights of economic survey 2017, sensex gainers, sensex losers

Sensex crosses 27,000 mark, Nifty closes at 2-month high; IndusInd Bank gains 6%

The Sensex, Nifty rally was led by metal and bank stocks; Coal India, Tata Steel and ICICI Bank, IndusInd Bank were top gainers. Jan 11, 2017
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