BENGALURU – Indian stocks are set to rise further over the coming year, according to a Reuters poll of equity strategists, but those gains will be limited as fiscal stimulus and easy monetary policy fail to reverse an economic slowdown. The BSE Sensex index was forecast to rise […]
Mumbai, Nov 25: Equity benchmark Sensex surged nearly 530 points to scale a new closing peak of 40,889.23 on Monday, buoyed by renewed optimism over US-China trade deal and government’s divestment measures to curb fiscal deficit. Further, reconstruction of Sensex indices and hopes of rate cut by the […]
Mumbai, Nov 22: Domestic equity benchmarks opened on a cautious note on Friday tracking weakness in index-heavyweight IT stocks amid mixed global cues. After opening on a positive note, the 30-share index turned choppy to trade 15.89 points, or 0.04 per cent, lower at 40,559.28. Similarly, the broader Nifty […]
MUMBAI/BENGALURU – India’s publicly listed firms must disclose any failure to repay loans within 24 hours in cases where 30 days have passed since the default, its securities regulator said on Wednesday, tightening rules at a time when bond defaults have soared. The decision was aimed at addressing […]
Mumbai, Nov 19: Market benchmark Sensex rose by 186 points on Tuesday, tracking substantial gains in index heavyweights Reliance Industries and Bharti Airtel amid positive cues from global equities. The 30-share index ended 185.51 points, or 0.46 per cent, higher at 40,469.70. It hit an intra-day high of 40,544.13 […]
MUMBAI – India has depended on monetary policy to support its economy growing at its slowest pace in six years but the government must now deploy more direct fiscal stimulus or risk a long period of stagnation, analysts and experts say. Growth in Asia’s third-largest economy has been […]
New Delhi, Nov 16: The country’s GDP growth is likely to decline to 4.9 per cent in the second quarter of this fiscal due to sustained slowdown in virtually all the sectors, economic think-tank NCAER said on Saturday. India’s economy grew at 5 per cent in the first quarter […]
Mumbai, Nov 14: Headline inflation is bound to rise further to 5 per cent for November, but despite the pinch in price rise, the Reserve Bank will go for two consecutive rate cuts on growth concerns, a report said on Thursday. The consumer price inflation fastened to 4.62 per […]
Mumbai, Nov 13: Benchmark BSE Sensex on Wednesday dived 229 points as concerns over poor macro data and confusion over US-China trade deal persisted. Further, continued unrest in Hong Kong led to fall in regional markets, also impacting sentiment on Indian bourses. A sharp depreciation in the Indian rupee […]
BENGALURU – Moody’s Investors Service cut India’s ratings outlook to “negative” from “stable”, citing increasing risks that Asia’s third largest economy will grow at a slower pace than in the past, sending stock markets nearly 1% lower at Friday’s close. The cut in outlook partly reflected government and […]
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