Sowing of rabi crops rises 27% despite note ban
Uploading Date : 03-12-2016Planting of crops in the current rabi season is at full throttle, with the acreage increasing 27% since last week and being 9% more compared with this time a year earlier, data from the agriculture ministry showed. The figures suggest that scrapping of highdenomination currency notes hasn’t affected sowing as some had feared..........
See full article
BSE to launch commodity derivative trades at GIFT City
Uploading Date : 02-12-2016The BSE stock exchange proposes to launch commodity derivatives trades, including in options, in non-agricultural commodities at its international bourse coming up at Ahmedabad-based GIFT City.......
See full article
Veggie wholesale rates crash, retail prices only dip in cities
Uploading Date : 02-12-2016In the finely balanced but lucrative economy of vegetable and fruit trade, demonetisation has had a bizarre effect. In distant rural areas, local vegetable prices — both wholesale and retail — have crashed as the oxygen of currency has been suddenly sucked out. Since the whole economy depended on cash, from transport to mandis to purchase prices, this is unsurprising.........
See full article
JSW infra plans to sell 10 per cent stake: CEO Capt BVJK Sharma
Uploading Date : 01-12-2016Sajjan Jindal-led JSW Infrastructure is looking to raise about Rs 1,000 crore by offloading 10 per cent of shares to private equity or strategic partners, its CEO Capt BVJK Sharma told ET, as it sets its sight on public listing in two years..........
See full article
Demonetisation took a toll on manufacturing sector growth in Nov: PMI
Uploading Date : 01-12-2016Manufacturing sector growth in India got hampered in November as rupee demonetisation weighed on new work flows, buying activity and production, while subdued inflationary pressure may prompt Reserve Bank of India (RBI) to reduce key policy rate, a monthly survey said on Thursday...........
See full article
Poll predicts 7.5% GDP growth in July-September quarter
Uploading Date : 30-11-2016India's economy probably picked up steam in the July-September quarter on strong demand, but Prime Minister Narendra Modi's surprise currency crackdown this month will likely dent growth in coming months, a Reuters poll found.........
See full article
View: Demonetisation should accelerate the shift to a digital financial economy
Uploading Date : 30-11-2016As anyone who has stood in a queue outside an ATM machine will testify, the Modi government's audacious gamble with note-bandi or note-badli hasn’t been personally easy for most people. Whether it was thought through enough, whether the gains will outweigh the costs or whether it was an arbitrary and "morally callous" decision as the scholar Pratap Bhanu Mehta puts it, is for all...... practical purposes a moot point now.
See full article
Top ten intraday trading ideas for afternoon trade for Tuesday, 29 November 2016
Uploading Date : 29-11-2016The Nifty50 index continued to trade above 8150 level in the late morning trade on account buying in frontline bluechip counters. In the Nifty pack, Idea CellularBSE 4.29 %, Eicher MotorsBSE 4.37 %, Maruti Suzuki, Mahindra & Mahindra and GAILBSE 2.50 % were up between 2.30 per cent and 5 per cent. On the other hand, Sun PharmaBSE -0.53 %, BPCL, HULBSE -0.64 %, LupinBSE 0.72 % and............. Hindalco were down between 0.49 per cent and 1.15 per cent........
See full article