MUMBAI - India's annual economic growth accelerated to a slightly stronger-than-expected 7.4 percent in the three months through September from 7.0 percent in the previous quarter, government data showed on Monday.
A. PRASANNA, ECONOMIST, ICICI SECURITIES PRIMARY DEALERSHIP, MUMBAI
Mumbai, Nov 28 (IANS) Anxiety over an imminent US rate hike, possible escalation of Middle East crises and continued outflow of foreign funds from domestic equity and debt markets would keep the Indian rupee in a tight spot, experts said on Saturday.
On a weekly basis, the rupee weakened by 57 paise to 66.76 to a US dollar (November 27) from its previous close of 66.19 to a
By Jongwoo Cheon
SINGAPORE - Sentiment towards most emerging Asian currencies improved as the U.S. Federal Reserve is expected to raise interest rates only gradually in 2016 after a hike next month, a Reuters poll showed.
China's yuan was an exception with its bearish bets at a three-month high, according to the survey of 19 fund manager
By Rohit Vaid
Mumbai, Parliament’s upcoming winter session and the derivatives’ expiry are set to rock the equity markets during next week’s trading session.
As per market observers, with the end of the earnings season, investors will be glued to political developments to see whether the government is able
Kochi, The newly introduced simplified Aadhaar-based registration system for small industries has been receiving a good response with 53,243 enterprises taking it up so far across the country, an expert said here.
As of November 20, there was a total of 53,243 registrations with Maharashtra reporting the largest number of entrepreneurs getting themselves reg
Below is the view on Market Gist for the week by Mr. Jayant Manglik, President, Retail Distribution, Religare Securities Ltd.
Nifty finally ended its three weeks losing streakand inched higher by over a percent in the passing week. There were lots of developme
Below is the view on markets outlook for the next week by Mr. Hitesh Agarwal - Head Research - Reliance Securities Ltd
“After 3 consecutive weeks of weakness and a loss of nearly 7% in this period, the Indian stockmarket witnessed some buying at lower levels, helping the benchmark index clock a gain of ~1% for the week.
Having digested the Bihar s
Below is the view on Dr. Reddy's Labs By Ms. Sarabjit Kour Nangra (VP Research - Pharma, Angel Broking Pvt Ltd ):
Lundin Law PC Announces Ongoing Investigation of
“Lundin Law PC announced it is investigating claims against r. Reddy’s Laboratories Ltd concerning possible violations of federal securities laws. The i
PARIS - Spanish wind turbine maker Gamesa is seeing booming sales in emerging markets, expects double-digit sales growth through 2017 and plans investments in solar and off-grid power generation in India, its chairman said.
Gamesa has taken in orders close to 3,000 megawatts in the first nine months of the year and is on track to meet its target of sel
By Manoj Kumar
DUBAI - Finance Minister Arun Jaitley said on Tuesday he would prioritise growth over cutting the budget deficit, urging critics in his ruling party and the political opposition to back Prime Minister Narendra Modi's economic reform agenda.
Modi is seeking to regain the initiative after a bruising election setback in India
Below is the view on Coal India 2QFY2016 Results By Mr. Rahul Dholam (Sr. Research Analyst - Metal & Mining, Angel Broking Pvt Ltd)
Coal India (CIL) 2QFY2016 Results : In-line with expectations
“Coal India reported revenue and EBITDA in line with our expectations. Total revenue increased 8.2% YoY to INR 16,958cr, in line with our estima
Below is the view on Linc Pen & Plastics 2QFY2016 Results By Mr. Amarjeet Maurya (Sr. Research Analyst – Mid Caps, Angel Broking Pvt Ltd)
"Linc Pen & Plastics’ (LPPL) 2QFY2016 results outperformed our estimates on the bottom-line front. The company’s top-line grew by ~5% YoY to ~INR 88cr (our estimates was of ~INR 89cr), mainly due t
By Leika Kihara and Tetsushi Kajimoto
TOKYO - Japan's economy slid back into recession in July-September as uncertainty over the overseas outlook hurt business investment, keeping policymakers under pressure to deploy new stimulus measures to support a fragile recovery.
A rebound in private consumption and exports offered some hope