With 97% rain, India gets 'normal' monsoon after 3 years
Uploading Date : 13-10-2016NEW DELHI: With India receiving 97 per cent rainfall between June and September, the monsoon was "normal" this year, the India Meteorological Department (IMD) said on Thursday. While monsoon has ended in most parts of the country, experts believe that it would end entirely within the next 48 hours.......
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RBI allows banks to classify borrowed securities as SLR
Uploading Date : 13-10-2016MUMBAI: Reserve Bank of India (RBI) has allowed banks to classify government securities borrowed from the central bank in the daily liquidity adjustment facility (LAF) under the statutory liquidity ratio (SLR), making liquidity management for banks easier...........
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HSBC says September CPI data solidifies December rate cut call
Uploading Date : 13-10-2016Mumbai: HSBC said in a note on Thursday that the faster than expected fall in Consumer Price Index based inflation in September has solidified its 25 basis point rate cut call for December...........
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Indian engineering exports to move towards positive direction: Study
Uploading Date : 12-10-2016KOLKATA: An uptick in top European markets including UK, France, Italy and the Netherlands , coupled with low base effect are helping Indian engineering exports to move towards a positive direction an EEPC India’s analysis has shown.........
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SIT set to comb P-Note data for black money
Uploading Date : 12-10-2016The special investigation team (SIT) on black money has asked the Securities and Exchange Board of India (Sebi) to furnish the details of all those investing through participatory notes (P-Notes), according to sources in the know.........
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Buy, sell or hold: 9 stocks that analysts are bullish on
Uploading Date : 12-10-2016Here are 9 stocks that brokerage firms' are bullish on: Tata Motors Morgan Stanley is overweight with target price of Rs 585 per share. It expects volume to pick-up on XF launch in china & strong new discovery sales.............
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Gold to shine further on global risk factors: Assocham
Uploading Date : 11-10-2016Gold prices are likely to stay firm in the range of Rs 30,500-Rs 33,500 per 10 grams in the backdrop of global political and financial risks, says a study by industry body Assocham. The prices are currently ruling at Rs 31,000-31,500 (24 carat purity) in major Indian cities, even as festive demand seems to be picking up, it said.......
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Why real interest rates are crucial?
Uploading Date : 11-10-2016The Reserve Bank of India has said it will aim at a real interest rate of 125 basis points in the next few years, instead of the earlier projection of 50 to 200 basis points, in line with the global rates. A basis point is a hundredth of a percentage point. ET explains the concept and relevance of real interest rates......
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