Cac

Edtechs focus on cutting monthly spends as demand, funding fall

Spending on the advertising and marketing front and offers like free trials, especially in the early days, are hurting companies. The higher education and upskilling space seems to be faring better.

China looks to increase penalties under its cybersecurity law

China’s 2017 cybersecurity law marked the first major set of rules governing the storage and transfer of data of Chinese origin.

States that have diluted RERA rules need to justify their action: Hardeep Singh Puri

The next CAC meeting is scheduled for October 22

Homebuyers body writes to housing minister to live-stream CAC meeting

The letter pointed out that a precedent had been set with the livestreaming of meeting on DDA’s unauthorised colonies and land pooling policies on March 8, 2022

RERA Act | Next Central Advisory Council meeting on April 12

The primary role of the CAC is that of an advisory body which is tasked with the function of finding more effective means to ensure the efficient implementation of the RERA

Capital Convertibility | RBI is moving ahead, one step at a time

The RBI deputy governor’s speech provides us with ideas on the recent policy thinking on capital account convertibility. It is interesting that the RBI is moving ahead with the trickier phase of liberalising capital inflows in the debt markets

Nifty to open sharply higher on back of positive global cues

Stocks in US kicked off with their best start to a month in more than three years. The major indices closed more than 2 percent higher, helped by a rise in oil prices and a better-than-expected ISM manufacturing report.

Sluggish growth doesn't mean recession: Borowski of Amundi Asset

Sluggish growth doesn‘t mean recession. At a global level, bond yields will remain low for a long period of time. It means that at some point, investors will have to relocate their funds towards risky assets and we expect that process to occur by the end of the year, says Didier Borowski, chief economist at Amundi Asset Management Company

European stocks slide on growth fears; miners, banks feel heat

The pan-European STOXX 600 fell some 2 percent, with all sectors in negative territory. The DAX was slipped over 1.5 percent, after December German industrial output fell 1.2 percent month-on-month, according to the country's Economy Ministry

Market crashes: Sensex, Nifty end at 3-week closing low

Reliance, Cipla, TCS, HDFC Bank and Coal India were top gainers while Hindalco, ITC, Tata Motors, ICICI Bank and ONGC were losers in the Sensex.

Nifty likely to open in green; Asian stocks firm

Asian stocks held firm on Wednesday as a sharp rebound in oil prices supported battered resource shares and emerging economy currencies, while Japanese markets were tentative ahead of a crucial Bank of Japan policy meeting

Maggi exceeded lead content, violated labelling rules: Govt

Samples of Nestle's Maggi noodles were found to be containing more than the permissible limit of 2.5 ppm of lead and also violating the labelling requirements about presence of Monosodium Glutamate (MSG).

BCCI to constitute working group on IPL verdict

Under pressure to resolve the crisis triggered by Justice R M Lodha committee's verdict on the IPL betting scandal, an embattled BCCI today decided to constitute a working group to study the order and give recommendations within six weeks.

Sensex, Nifty close higher post RBI policy; metals shine

The market recouped all its losses in late trade supported by metals, FMCG and select oil stocks. The Sensex rose 12.13 points to 28516.59 and the Nifty gained 0.4 point at 8660.

Asian shares jump on Ukraine ceasefire, Greece

Preliminary data due later in the day is expected to show stagnant growth in the euro zone, with economists forecasting 0.2 percent expansion in the final three months of last year, unchanged from the preceding quarter.

Sensex up 273 pts, Nifty ends above 8800 for 1st time ever

The market rallied for the seventh consecutive session on Friday, spiking nearly 2000 points on the Sensex (in seven days). The Sensex today gained 272.82 points or 0.94 percent at 29278.84 and the Nifty jumped 60.15 points or 0.69 percent to 8821.55 on ECB stimulus.

Sensex closes below 26000, sheds 350 pts; Hindalco down 6%

All sectoral indices closed in the red. BSE Power, Capital Goods, Oil & Gas, Auto, IT, Bank and Healthcare indices were down 1-3 percent while ITC, Gail India and Coal India were only gainers in the Sensex, up around a percent.

Dow closes 106 pts up, European mkts at multi-year highs

The Dow Jones industrial average gained 106.29 points, or 0.69 percent, to close at a record high of 15,409.39. Meanwhile, European markets closed near multi-year highs.

Poor economic data bigger market worry than Cyprus: UBS

Stephane Deo of UBS Investment Bank feels that the economic data is the main reason for markets getting spooked on Thursday.

China better placed than India to do business: JPMorgan

Talking about on India and China, Andrew Economos, Head-Sovereign & Institutional Strategy, JPMorgan AMC says both will continue to do well and attract investors.

Expect further downside risk for global markets: UBS

Stephane Deo, global head of asset allocation at UBS Investment Bank, believes the downtrend in global equities is likely to continue in the future.

All eyes on Greece as Merkel softens stand on growth: Hewin

Standard Chartered‘s senior economist Sarah Hewin takes CNBC-TV18 though a quick tour of significant developments across Europe - from positive signals in Greece on rumours of a coalition to Germany's Merkel being sympathetic to France's Hollande's views of tempering the austerity compact with growth plans