Talking Point: Captain Kohli bites the DRS bullet
Bengaluru: The DRS ghost continues to haunt the Indian team, especially skipper Virat Kohli. While the skipper’s ineffectual use of the review system was still fresh in memory, Kohli fell prey to the system and this time the world’s best batsman let out a feeling that he was let down by the system. Having wiped […]
Sensex ends 216 points up
Indian stocks had a good session Monday, even as global cues were a bit mixed with Asian markets closing mostly higher and major European markets exhibiting some weakness.Expectations of GST rollout from July 2017 appeared to have significantly lifted investor sentiment, and stocks from oil, power, automobile and telecom sectors turned in a good performance. […]
Wall Street set to open lower on geopolitics, Trump's comments
By Yashaswini Swamynathan REUTERS – U.S. stocks looked set to open lower on Monday as rising geopolitical tensions in Asia and President Donald Trump’s accusation that his predecessor Barack Obama wiretapped him weighed on investors’ risk appetite. Some investors worried that the latest development could distract Trump from his economic agenda of introducing tax cuts […]
US STOCKS-Wall St set to open lower on geopolitics, Trump's comments
* GM falls after sale of Opel and Vauxhall ops * Netflix rises after brokerage upgrade * Futures down: Dow 44 pts, S&P 7.25 pts, Nasdaq 14.25 pts (Adds details, comments, updates prices) By Yashaswini Swamynathan March 6 (Reuters) – U.S. stocks looked set to open lower onMonday as rising geopolitical tensions in Asia and […]
Standard Life, Aberdeen eye deep cost cuts in 11 bln stg deal
By Simon Jessop and Carolyn Cohn LONDON (Reuters) – Standard Life has reached agreement to buy Aberdeen Asset Management in an 11 billion-pound ($13.5 billion) merger that should save 200 million pounds a year in costs, pushing rivals to follow suit as fund managers’ margins sag. The all-share deal, creating Britain’s biggest money manager and […]
Sensex, Nifty come off higher levels; RIL holds near 9-year high
With a few front line stocks paring some gains on profit taking, the key indices Sensex and the Nifty50 are off the day’s high this afternoon. Still, with some blue chips, including Reliance Industries trading firm on fairly strong buying, they remain well placed in positive territory.The Sensex is up by about 143 points or […]
Rs 14 lakh in demonetised currency seized in Gurugram
Gurugram – Banned currency notes of Rs 1,000 and Rs 500 of the face value of Rs 14,36,000 were seized by the police here, officials said.Acting on a tip-off, the Crime Branch unit of Bilaspur seized the demonetised Indian currency from a car on Delhi-Mumbai National Highway, after creating a check post under the KMP […]
Demonetisation improved India's economic landscape: Jayant Sinha
New Delhi – Minister of State for Civil Aviation Jayant Sinha on Monday said the government’s demonetisation decision has led to a dramatic improvement in India’s economic landscape.Sinha said this at the fifth annual conclave of the Indian Private Equity and Venture Capital Association (IVCA) here.”It (demonetisation) has led to a dramatic improvement in our […]
Tata Motors unveils TIAGO AMT at Rs. 5.73 lakh
After the overwhelming success of TIAGO in the passenger vehicle market, Tata Motors has quickly come back with a new variant of the Tata Tiago, to offer its customers a pleasurable drive experience.The company announced the launch of the TIAGO Easy-Shift AMT. Priced at Rs. 5.73 lakhs, ex-showroom Mumbai and Rs. 5.39 lakhs, ex-showroom Delhi, […]
From politics to policy – bond markets count down to ECB
By Dhara Ranasinghe LONDON (Reuters) – Most euro zone government bond yields edged down on Monday, as a perception that the ECB will this week resist calls to start unwinding its ultra-loose monetary policy brought some comfort to markets that are bracing for an imminent U.S. rate hike. The European Central Bank meets on Thursday […]