New Delhi, Oct 22 (IANS) Early results from the information technology (IT) and banking sector present a mixed picture. A lot of the worries ahead of the results have proved to be right.
New Delhi, Oct 22 (IANS) Investors are likely to remain cautious in the near term due to concerns about the long implication of geopolitical tensions in the Middle East, says Vinod Nair, the Head of Research at Geojit Financial Services.
New York, Oct 22 (IANS) The US Federal Reserve may have to hold back interest rate hike for some time now as its 19 months of historic hikes to tamp down on inflation is driving consumer prices high on car loans, housing mortgages are the highest, realty rates unattainable and fuel prices are soaring, US media reported quoting financial consultants and Wall Street experts.
Mumbai, Oct 20 (IANS) Gold prices rose to a three-month high on Friday and were headed for a second consecutive weekly gain, on the back of a safe-haven demand due to the Middle East conflict and expectations that the US Federal Reserve was likely to pause rate hikes.
Chennai, Oct 20 (IANS) The shares of Jindal Stainless Steel shone bright on Friday shooting up to Rs 493, a day after it declared the second quarter results with a quantum jump in profit, interim dividend and the decision to shut down two of its overseas subsidiaries.
New Delhi, Oct 20 (AINS) RBI Governor Shaktikanta Das on Friday said the central bank faces the challenge of keeping a delicate balance between promoting growth and controlling inflation, with the potential for conflicts between the two objectives.
New Delhi, Oct 20 (IANS) Nearly 9.28 crore equity shares of online food delivery platform Zomato worth Rs 1,040 crore were offloaded on Friday in a bulk deal, likely by SoftBank.
Mumbai, Oct 19 (IANS) Tata Motors has acquired a 26.79 per cent stake in digital platform Freight Commerce Solutions Private Limited (‘Freight Tiger’) for Rs 150 crore, the company stated in filing with the stock exchange on Thursday.
Mumbai, Oct 19 (IANS) The Reserve Bank of India (RBI) has slapped monetary penalties on five co-operative banks in Gujarat for violation norms which include giving loans to their own directors which is not allowed.
New Delhi, Oct 19 (IANS) Nifty concluded on a downbeat tone, following the lead of the global market, with the majority of sectoral indices also doing so, said Vaibhav Vidwani, Research Analyst, Bonanza Portfolio.
