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  • Govt extends implementation of steel quality order by 2 mths

    Govt extends implementation of steel quality order by 2 mths  

    The earlier deadline expired today and the present extension was necessitated as licensing process by BIS would take some more time, the Steel Ministry said in a statement.

    07 Dec 2016, 8.24 am  |  Source: PTI

  • India lacks infrastructure for gas-based economy: RasGas

    India lacks infrastructure for gas-based economy: RasGas  

    Speaking at the Petrotech conference here, RasGas CEO Hamad Mubarak Al Muhannadi said India lacks infrastructure to support a gas-based economy and needs more LNG import terminal to unlock demand.

    07 Dec 2016, 8.24 am  |  Source: PTI

  • Cashless transactions on rise post demonetisation

    Cashless transactions on rise post demonetisation  

    While a state government employee here has made payment in cheque to a priest who solemnised his daughter's marriage due to cash crunch, a juice vendor is accepting money through digital mode.

    07 Dec 2016, 8.24 am  |  Source: PTI

  • Govt mulls long-term gas contracts to run power plants: Goyal

    Govt mulls long-term gas contracts to run power plants: Goyal  

    Earlier last year, the government had launched gas subsidy scheme under the Power System Development Fund (PSDF) to run stranded gas-based power plants is the country.

    07 Dec 2016, 8.24 am  |  Source: PTI

  • Nifty to move up; IT, telecom to stay strong: Indrodeep Banerjee

    Nifty to move up; IT, telecom to stay strong: Indrodeep Banerjee  

    According to Indrodeep Banerjee of InstituteofFinancialAstrology.com, Nifty shall move up during today’s market session with IT, telecom & power sectors to remain strong under the positive astrological influence during the day.

    07 Dec 2016, 8.21 am  |  Source: Moneycontrol.com

  • Look at individual stocks

    Look at individual stocks   

    It is good if it breaks out then of course the Nifty could head all the way up to 8,400-8,500 but equally if it falls from here then it could go to 7,950.

    07 Dec 2016, 8.20 am  |  Source: Moneycontrol.com

  • Shopclues trims GMV target to $2 bn in 2017

    Shopclues trims GMV target to $2 bn in 2017  

    E-commerce player Shopclues has guided for gross merchandise value (GMV) in calendar 2017 at USD 2 billion. The startup had earlier estimated GMV at USD 2.3-2.5 billion but demonetisation led to a reduction in sales by around 30 p...

    07 Dec 2016, 8.12 am  |  Source: Moneycontrol.com

  • Analysts expect a cut as India battles demonetisation

    Analysts expect a cut as India battles demonetisation  

    A majority of analysts and bankers are expecting RBI Governor Urjit Patel-led Monetary Policy Committee (MPC) to cut rates by 0.25 percent today, with some expecting a 0.50 percent reduction.

    07 Dec 2016, 8.12 am  |  Source: PTI

  • Buy, sell, hold: 9 stocks that to watch out today

    Buy, sell, hold: 9 stocks that to watch out today  

    Jefferies maintains underperform rating on Tata Steel, SAIL and JSW Steel as domestic steel demand was steady in November despite demonetisation.

    07 Dec 2016, 8.11 am  |  Source: Moneycontrol.com

  • Indian ADRs: ICICI Bank, HDFC Bank gain 2%, Infosys rises

    Indian ADRs: ICICI Bank, HDFC Bank gain 2%, Infosys rises  

    Indian ADRs ended higher on Tuesday. ICICI Bank was up 2.21 percent and Tata Motors rose 0.65 percent.

    07 Dec 2016, 8.11 am  |  Source: Moneycontrol.com

  • Support for Nifty at 8060; BEML indicator buy: Prakash Gaba

    Support for Nifty at 8060; BEML indicator buy: Prakash Gaba  

    According to Prakash Gaba of prakashgaba.com, Nifty has support at 806 and resistance at 8175-8200 while Bank Nifty has support at 18185 and resistance at 18700.

    07 Dec 2016, 8.11 am  |  Source: Moneycontrol.com

  • F&O cues: Nifty 8200 Call adds 2.8 lakh shares in Open Interest

    F&O cues: Nifty 8200 Call adds 2.8 lakh shares in Open Interest  

    F&O cues: Nifty 8100 Put shed 3.8 lakh shares in Open Interest and Nifty 8200 Call added 2.8 lakh shares in Open Interest.

    07 Dec 2016, 8.11 am  |  Source: CNBC-TV18

  • Gold down on US rate hike expectations; ECB meeting in focus

    Gold down on US rate hike expectations; ECB meeting in focus  

    Spot gold was down 0.2 percent at USD 1,167.56 an ounce by 0036 GMT. The yellow metal ended the previous session nearly flat.

    07 Dec 2016, 8.09 am  |  Source: Reuters

  • PM Modi`s cash clampdown gamble may force RBI to cut rates

    PM Modi's cash clampdown gamble may force RBI to cut rates  

    A majority of the nearly 60 analysts polled by Reuters predict the Reserve Bank of India (RBI) will cut the repo rate by 25 basis points (bps) to 6.00 percent, the lowest since November 2010, while six predicted a deeper 50 bps cu...

    07 Dec 2016, 8.07 am  |  Source: Reuters

  • Stocks in news: Lupin, Adani Ent, IL&FS Trans, LT Foods, Ess Dee

    Stocks in news: Lupin, Adani Ent, IL&FS Trans, LT Foods, Ess Dee   

    Axis Bank | ICICI Bank | Lupin | Adani Enterprises | IL&FS Transportation | KEI Industries | Deep Industries | Jubilant Foodworks | VST Tillers | Future Consumer | LT Foods and Ess Dee Aluminium are stocks, which are in the news t...

    07 Dec 2016, 8.01 am  |  Source: CNBC-TV18

  • Market may be steady, RBI`s 1st policy post demonetisation key

    Market may be steady, RBI's 1st policy post demonetisation key  

    Analysts say market uptrend may continue if RBI cuts repo rate by 50 basis points on December 7. Yesterday, the 30-share BSE Sensex was up 43.66 points at 26392.76, and the 50-share NSE Nifty gained 14.40 points at 8143.15 after h...

    07 Dec 2016, 8.00 am  |  Source: Moneycontrol.com

  • Here is Manisha Gupta`s update on commodity space

    Here is Manisha Gupta's update on commodity space  

    Manisha Gupta of CNBC-TV18 gives us a roundup of the commodities and currency action.

    07 Dec 2016, 8.00 am  |  Source: CNBC-TV18

  • Renting out your apartment and living on rent: The pros and cons

    Renting out your apartment and living on rent: The pros and cons  

    A number of home owners, who have invested in properties located in the suburbs, prefer to themselves live on rent. Consequently, they put their own house or apartment on rent. Such people let out R

    07 Dec 2016, 8.00 am  |  Source: Housing.com/news

  • Bull`s Eye: Buy Cairn India, Siemens, Adani Power; sell Dabur

    Bull's Eye: Buy Cairn India, Siemens, Adani Power; sell Dabur   

    Rakesh Bansal of R K Global suggests buying Cairn India with a target of Rs 262.

    07 Dec 2016, 7.57 am  |  Source: CNBC-TV18

  • Urjit Patel`s second review as RBI boss: How interest rates work

    Urjit Patel's second review as RBI boss: How interest rates work  

    RBI Governor Urjit Patel’s second monetary policy review comes amid the government’s demonetisation drive which has impacted scores of citizens and businesses. Will an interest rate cut ease some of the pain. Here’s a look a...

    07 Dec 2016, 7.49 am  |  Source: Moneycontrol.com

  • Demonetisation necessary to break backbone of black money: BJP

    Demonetisation necessary to break backbone of black money: BJP  

    "It is true that people in general have to face little inconvenience at few places but for the good of the country, the countrymen should be prepared to face some hardships," BJP National General Secretary Ram Madhav said while ad...

    07 Dec 2016, 7.46 am  |  Source: PTI

  • Domestic diamond market to be 3rd largest by 2020

    Domestic diamond market to be 3rd largest by 2020  

    Currently, the largest markets for this metal is China, the US, Europe and Japan, and India, and the first two are set to remain so, says a Bain & Company report.

    07 Dec 2016, 7.46 am  |  Source: PTI

  • RBI relaxes norms for online card transactions up to Rs 2,000

    RBI relaxes norms for online card transactions up to Rs 2,000  

    Relaxing the norms for AFA requirement for transactions up to Rs 2,000 for online CNP (card not present) transactions, the RBI said only authorised card networks will provide such payment authentication solutions with participatio...

    07 Dec 2016, 7.46 am  |  Source: PTI

  • Pune Metro gets PMO nod, to be tabled before Cabinet today

    Pune Metro gets PMO nod, to be tabled before Cabinet today  

    Shirole, Lok Sabha member from Pune, said the proposal will be tabled before the Union Cabinet for final approval today. "PMO has given its go ahead to the project and the proposal will be tabled before the cabinet on Wednesday fo...

    07 Dec 2016, 7.46 am  |  Source: PTI

  • India, Israel decided to boost cooperation in science, tech

    India, Israel decided to boost cooperation in science, tech  

    A high-level Israeli delegation led by Israeli Minister for Science, Technology and Space Ofir Akunis, including three members of Israeli Parliament met Union Minister for Science, Technology and Earth Sciences Harsh Vardhan.

    07 Dec 2016, 7.46 am  |  Source: PTI

  • Vistara CHRO & Head of Corporate Affairs quits

    Vistara CHRO & Head of Corporate Affairs quits  

    Varadarajan will be leaving the Delhi-headquartered airline after completion of his notice period, which ends this month.

    07 Dec 2016, 7.46 am  |  Source: PTI

  • Banks, telecoms lead Wall Street up; another Dow record

    Banks, telecoms lead Wall Street up; another Dow record  

    The Dow Jones industrial average rose 35.54 points, or 0.18 percent, to 19,251.78, the S&P 500 gained 7.52 points, or 0.34 percent, to 2,212.23 and the Nasdaq Composite added 24.11 points, or 0.45 percent, to 5,333.

    07 Dec 2016, 7.45 am  |  Source: Reuters

  • Asian shares edge up as markets look to ECB after Italian vote

    Asian shares edge up as markets look to ECB after Italian vote  

    The Australian market rose despite the data showing the economy contracted in the third quarter. While rate futures imply scant chance of another rate cut in the next few months, all thought of a hike has also vanished.

    07 Dec 2016, 7.45 am  |  Source: Reuters

  • Samsung wins over Apple in $399 mn patent appeal

    Samsung wins over Apple in $399 mn patent appeal  

    The justices ruled 8-0 that Samsung should not be required to forfeit the entire profits from its smartphones for infringement on design components, sending the case back to a lower court.

    07 Dec 2016, 7.44 am  |  Source: PTI

  • SoftBank to invest $50 bn in United States: Donald Trump

    SoftBank to invest $50 bn in United States: Donald Trump  

    Trump made the announcement on Twitter after meeting at Trump Tower with SoftBank CEO Masayoshi Son. Trump provided no details on the precise nature of the investments, or their timing.

    07 Dec 2016, 7.44 am  |  Source: PTI

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