Jan 31, 2015 at 16:25 | Source: CNBC-TV18
GST is very good for the economy. If it gets implemented, it can add almost one percent to the GDP. GST rationalises taxes. So overall it brings about efficiency in taxes and that is how it adds to the gross domestic product (GDP), says Chanda Kochhar, MD & CEO of ICICI Bank.
Jan 31, 2015 at 15:33 | Source: CNBC-TV18
R Venkatraman, MD, IIFL believes that weak earnings were already factored in by the market and expects 2015 also to be a good year as 2014 but says one should not expect 30-40 percent returns.
Jan 29, 2015 at 12:31 | Source: Reuters
the Reserve Bank of India is keen to develop a wide range of derivatives products but with caution, like considering introducing bond futures in other maturities apart from 10-year maturity allowed now, said Reserve Bank of India deputy governor H R Khan.
Jan 29, 2015 at 11:31 | Source: Moneycontrol.com
Brokerages are bullish on the private bank calling it a positive move. Jefferies maintains a buy rating on the stock with an increased rating of Rs 1255 per share.
Jan 28, 2015 at 21:57 | Source: CNBC-TV18
According to Dipan Mehta, CCEA's nod to hike foreign investment limit in HDFC Bank and Lupin will benefit HDFC Bank more than Lupin. He says there is good appetite for financial sector stocks.
Jan 28, 2015 at 18:29 | Source: CNBC-TV18
The Foreign Investment Promotion Board had cleared HDFC Banks proposal in December and had cleared Lupins FDI proposal in November.
Jan 28, 2015 at 13:12 | Source: Moneycontrol.com
HDFC Bank is planning to raise Rs 10,000 crore from foreign investors and Lupin is planning to raise FDI limit in the company to 49 percent
Jan 27, 2015 at 11:58 | Source: PTI
rupee resumed lower at 61.50 per dollar as against last Friday's close of 61.42 at the Interbank Foreign Exchange market. It declined further at 61.51 on month-end dollar demand by importers, before recovering at Rs 61.39 on bouts of dollar selling by banks and exporters.
Jan 23, 2015 at 12:43 | Source: PTI
Earlier, the rupee resumed sharply higher at 61.45 per dollar as against yesterday close of 61.70 at the Interbank Foreign Exchange market. It strengthened further at 61.35 on persistent dollar selling by banks and exporters.
Jan 21, 2015 at 11:03 | Source: PTI
The rupee strengthened by 9 paise to 61.60 against the US dollar in early trade today, extending its rising streak for the fifth straight day at the Interbank Foreign Exchange on selling of the US currency by exporters and banks.