Even as financial security after retirement is valued more, a report revealed that 47% of working people in India have not started saving for their future or have stopped or faced difficulties while saving. According to the HSBC report an alarming 44% of working people in India, who had started saving for their retirement have […]
Shares of Infosys on Friday crashed 10 per cent after earnings announcement. Infosys has revised downward its revenue guidance for FY17, triggering a sharp selloff in its shares. The stock was the top loser in the Nifty50 index. Infosys, India’s second largest outsourcer, expects FY17 revenue to grow at a slower pace between 10.5 per cent and […]
The benchmark BSE Sensex has openend on a negetive note with 10.66 points down at 27804.52 and the 50-share NSE Nifty has fallen 3.90 points to 8515.60. The market has been positive as about 1132 shares have advanced against 684 declining shares on the Bombay Stock Exchange. GAIL, Bharti Airtel, L&T, HDFC Bank and Coal […]
The government data has revealed that the Wholesale Price Index-based inflation has accelerated for the third straight month in June. A sharp rise in the prices of food commodities has pushed up the inflation to 1.62 per cent in June versus 0.79 per cent increase in the previous month. Wholesale food prices last month rose […]
Pakistan’s Mohammad Amir is all set to make his long-awaited and controversial return to test cricket with Thursday’s first Test against England at Lord’s. Amir had earlier received five-years ban and jail terms from cricket for deliberately throwing no-balls during a Lord’s Test against England. For all his time out of cricket, the 24-year-old retains […]
After immense success of e-tourist visa scheme, the tourism ministry has now decided to extend online visas to 36 countries. In an exclusive conversation with Newzstreet Media Group, Subhash Goel, President, IATO has welcomed the decision but at the same time suggested a few changes in the scheme which if adopted will enable the tourists […]
SpiceJet Chairman Ajay Singh’s presence at Farnborough Air Show in the U.K has fuelled the speculation of the imminent finalization of the potential blockbuster order worth about $12 billion for buying 100 planes. Just about two years ago, SpiceJet was fighting for its survival as creditors retreated and oil companies refused to refuel its airliners. Both Boeing and […]
Sensex and Nifty indices gained in 10 out of 12 National Stock Exchange (NSE) falls 19.75 points, or 0.23%, to 8,501.30. In a trade marked by fluctuations, the 30-share index resumed higher, but soon slipped 16.53 points, or 0.06 per cent, to 27,791.61. Rupee has firmed up 7 paise to 67.11 against the dollar at the forex […]
After Denmark and Hungary, the government in God’s own country is all set to impose fat tax on junk foods. The Pinarayi Vijayan- led Kerala government has imposed a ‘fat tax’ on consumers eating foods like Pizza, burgers and tacos. Presenting the budget in the Assembly on Friday, the Kerala Finance Minister Thomas Isaac has […]
Stock markets continue to trade with a negative bias. Sensex trades 110 points lower at 27,091 and Nifty slips 40 points to 8,300. The market is dragged down by infrastructure, PSU and Capital goods stocks. Tata Motors, Asian Paints, Hero Motorcorp, CIPLA, Lupin, Bajaj Auto and Powergrid are among the gainers while Bharti Airtel, ICICI Bank, […]
Equity benchmarks have extended loses with the Sensex falling 93.40 points to 27185.36 and the Nifty falling 31.65 points to 8339.05. The BSE Mid-cap index is trading down 0.03% at 11923 whereas BSE Small-cap index is trading up 0.07% at 12014.
The benchmark BSE sensex gained over 200 points to reach 27,357 as it continued its gains for the 6th consecutive session early on Monday. The NSE Nifty was also up by 62.70 points at 8,391 as it moved towards the 8,400 mark.
Flipkart chairman Sachin Bansal is trying to bring together e-commerce companies to create a lobby group that can counter brick-and-mortar retailers like Aditya Birla Group and the Future Group, who are seen to be influencing government policies through organizations like the Retailers Association of India (RAI).