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RIL beats Sensex in returns; likely to see more buying post Q4 show

Apr 19, 2014 at 16:11 | Source: Economic Times

NEW DELHI: Reliance Industries Ltd (RIL) results for the quarter ended March 31st have been a mixed bag which is unlikely to enthuse any optimism in the stock at least in the near term, but analysts are positive over its long term potential and inve...

Expect Nifty to trade in 6700-6850 range in near term: Sandeep Wagle

Apr 19, 2014 at 15:11 | Source: Economic Times

In a chat with ET Now, Sandeep Wagle, Founder & CEO, Power My Wealth, shares his views on the market and some stocks. Excerpts: ET Now: Firstly I am going to come to you for the charts on the Nifty and what the pattern it has made out to be, what ha...

Participatory notes holders may be taxed, says Shome

Apr 19, 2014 at 12:42 | Source: Business Today

Holders of participatory notes (PNs) issued by Foreign Institutional Investors (FIIs) might be taxed in the next budget as it had been agreed by the finance department, advisor to Union Finance Minister Parthasarathi Shome said."So far PNs issued by...

Mourning and memories in Garcia Marquez's languid hometown

Apr 19, 2014 at 04:45 | Source: FirstPost

ARACATACA Colombia (Reuters) - The sleepy Colombian town that was Gabriel Garcia Marquez's birthplace and inspired him to write "One Hundred Years of Solitude" mourned its Nobel Prize-winning author on Friday with music, candles and flowers...

New Russia sanctions threats as Ukraine stalemate goes on

Apr 19, 2014 at 03:30 | Source: FirstPost

SLAVIANSK/DONETSK Ukraine (Reuters) - A day after an international deal in Geneva to defuse the East-West crisis in Ukraine, pro-Russian separatists vowed not to end their occupation of public buildings and Washington threatened further sanctions on ...

The Fed’s enormous balance sheet in seven charts

Apr 18, 2014 at 20:57 | Source: Market Watch

The Fed’s balance sheet is approaching $4.1 trillion, a hard number to wrap your head around. It’s a big number, even by Washington standards. It’s twice the government expenditures for all 50 states, equal to the net worth of 56 Bill Gates an...

Opening up: China's central bank considers greater foreign access to bond markets

Apr 18, 2014 at 18:21 | Source: Economic Times

BEIJING/HONG KONG: China's central bank is considering opening a new channel for foreign institutions to invest in the domestic bond market, two sources familiar with its deliberations said, potentially widening access to the country's largely closed...

China court jails anti-corruption activists

Apr 18, 2014 at 16:32 | Source: BBC

A Chinese court has jailed four activists linked to the New Citizens' Movement, which campaigns for government transparency. Human rights lawyer Ding Jiaxi was jailed for three and a half years while veteran activist Zhao Changqing was jailed fo...

For Goldman Sachs and Morgan Stanley, boring is beautiful

Apr 18, 2014 at 12:46 | Source: Economic Times

Investment banks Morgan Stanley and Goldman Sachs Group Inc posted better-than-expected quarterly earnings on Thursday, helped by gains in merger advisory and stock underwriting. The results underscored how businesses viewed as stodgy before the fin...

Morgan Stanley's profits jump but Goldman Sachs's fall

Apr 18, 2014 at 12:32 | Source: BBC

US banking giants Goldman Sachs and Morgan Stanley have reported contrasting results for the first quarter of the year. Goldman Sachs' net earnings fell to $2.03bn from $2.26bn after a drop in revenues from its bonds, currency and trading busine...

S&P 500’s weekly gain is best since July 2013

Apr 18, 2014 at 12:32 | Source: Market Watch

NEW YORK (MarketWatch) — U.S. stocks ended the holiday-shortened week with solid gains, after four straight days of increases on the S&P 500 index and Nasdaq Composite. The benchmark index traded sideways on Thursday as investors weighed a mixed b...

Audit agony for private firms

Apr 18, 2014 at 03:17 | Source: Calcutta Telegraph News

New Delhi, April 17: The Supreme Court today virtually brought all private companies using natural resources on a revenue-sharing basis with the government under the CAG scanner as it allowed the auditor to go through the accounts of telecom firms. ...

U.S. stocks set for weekly gains

Apr 17, 2014 at 23:17 | Source: Market Watch

NEW YORK (MarketWatch)—U.S. stocks edged higher Thursday, with the main indexes set to finish a holiday-shortened week with solid gains. The benchmark S&P 500 is on track for the best weekly gain since July 2013. U.S. markets are closed Friday for...

Private firms including telcos come in CAG ambit: Supreme Court

Apr 17, 2014 at 21:36 | Source: Economic Times

NEW DELHI: The Supreme Court today virtually brought all private companies using natural resources on the basis of revenue-sharing arrangement with government within the scrutiny of CAG as it allowed the official auditor to go into the accounts of te...

Karnataka Live: Minister gets EVM shifted for vaastu, official transferred

Apr 17, 2014 at 15:45 | Source: FirstPost

3:50 pm: Minister gets EVMs moved for 'vaastu', official transferredAn election official changed the direction of EVM allegedly at the request of candidate and Union Minister K H Muniyappa to make it "Vastu" compliant, following which he wa...

Live: BJP min's supporters assaulted 4 supporters, alleges AAP

Apr 17, 2014 at 14:15 | Source: FirstPost

2:15 pm: AAP alleges four workers beaten up by minister's supportersAAP today alleged that four of its workers were assaulted by supporters of Karnataka Minister DK Shivakumar during voting near Ramanagar in Bangalore Rural Lok Sabha constituency, wh...

Live: Only 26 percent turnout in Karnataka till 12 pm

Apr 17, 2014 at 13:35 | Source: FirstPost

1:40 pm: Only 26 percent turnout till 12 pmAround 26 per cent of the 4.62 crore electorate have exercised their franchise till around noon in the single-phase polls today in Karnataka, where the ruling Congress and BJP are battling it out in a hot co...

Sensex on a strong footing; here's what experts are betting on

Apr 17, 2014 at 12:37 | Source: Economic Times

NEW DELHI: After a slow start, the S&P BSE Sensex managed to rally over 200 points in afternoon trade on Thursday, led by gains in ICICI Bank, Tata Motors, RIL, ITC and Infosys. Tracking the momentum, the 50-share Nifty index also managed to regain i...

Live: Only 10 percent turnout will 9 am in Karnataka

Apr 17, 2014 at 10:30 | Source: FirstPost

10:30 am: Not so great turnout in Karnataka so farVoting began on a moderate note this morning in the single-phase elections for 28 Lok Sabha seats in Karnataka amid tight security.In the initial two hours, the voting percentage acrossthe state hover...

Live: Only 10 percent turnout till 9 am in Karnataka

Apr 17, 2014 at 10:30 | Source: FirstPost

10:30 am: Not so great turnout in Karnataka so farVoting began on a moderate note this morning in the single-phase elections for 28 Lok Sabha seats in Karnataka amid tight security.In the initial two hours, the voting percentage acrossthe state hover...

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