"A short while ago @POTUS (President of the United States) called. We exchanged Diwali greetings. This was our first conversation through the newly-established hotline," Modi tweeted.
Gifts, shopping, good food and lavish parties, that's not all that Diwali is all about for some people. Certainly not for the Robin Hood Army â€” a group of students and professionals that has taken to the streets to fight hunger. The Robin Hoods, as they call themselves, collect excess food from restaurants and give it to the needy.
Analysts say earnings growth and return to double digit sales growth is crucial for valuations to pick-up from here. Slowdown of the global economy (especially China), US rate hike, a stronger dollar and FII selling in emerging markets are key concerns haunting Indian market.
Deepak Shenoy of Capitalmind.in says what can be more auspicious than stocks trading at a low. However, Ajay Srivastava of Dimensions Consulting has a contrarian view, and says it is not a good buying opportunity, though it continues to remain a bull market.
The central government announced FDI and liberalisation in 15 sectors, including agriculture, mining plantation, defence, broadcasting, aviation, construction, manufacturing, private banking sector, cash and carry wholesale trading, among others
Better to do some research before shopping. There is no point jumping the gun, just because there is an offer. If you cannot pay off your credit card bills, it can impact your CIBIL score.
CNBC-TV18‘s Nigel D‘Souza brings you the way market has performed in last one year. From Diwali last year to the festival this year, performance of stocks â€“ the ones that moved in upward direction as well as those who lost â€“ are featured in the list.
It's the first day of Diwali and Dhanteras is being celebrated across the country. As is the tradition, there is a huge rush at gold and silver shops. CNBC-TV18's Priya Sheth is at Zaveri Bazaar in Mumbai getting the ground report.
On storyboard this week two brands breakthrough the clutter during Diwali, Kangana Ranaut speaks to Storyboard on Tata Sky's brand endorsement and many more and FCB Global CEO Carter Murray speaks about the changes that we will see at his agency.
The announcement comes on a day when protesting ex- servicemen decided to step up their protests and return their medals across the country starting November 9.
Banks sense an opportunity in car loans ahead of festivals. Special schemes are floated to attract more customers. Customers should check the fine print before signing on the dotted line.
The sudden cash should not be a spent on shopping and fun. A large chunk of this yearly cash inflow should be invested in the right products.
Do such â€˜freebies‘ constitute real value for property buyers? The answer to this does not depend solely on what is being offered. It is a normal market phenomenon for incentives to be offered during the festive season, but property buyers should consider the actual value of the property.
The company‘s 53 percent of revenue comes from decorative segment says HM Bharuka, MD of Kansai Nerolac.
Here are some simple and easy tips you need to follow for wealth creation, wealth preservation and wealth transfer.
Here are eight tips that make your Diwali happier and wealthier.
The auspicious occasion of the year, which not only talks of celebrations but also introduces the individuals to the practice of long term investing.
â€œBig Hollywood films like Spectre, Star Wars, Ranbir Kapoor's Tamasha, Dilwale, Bajirao Mastani and Salman Khan's movie coming on Diwali--Prem Ratan Dhan Payoâ€”will be a temporary blip in the F&B income,â€ Ajay Bijli, CMD of PVR says.
"On the auspicious occasion of Dhanteras on Monday, November 9, 2015 the exchange has decided to conduct Extended Live Trading session in Gold Exchange Traded Funds (ETF) securities in the equity segment," BSE said in a notice.
Deliberations with various stakeholders are already underway to prepare the whitepaper, IGPC Head Prof Jayanth Varma told PTI. According to Varma, who is currently a Professor in the Finance and Accounting Area at the IIM-A, the whitepaper would be submitted in about a month.
Sovereign gold bonds will be issued on payment of money and would be linked to the price of gold and main idea is to reduce the demand for physical gold. The bonds will be issued on behalf of government by RBI. The borrowing through issuance of the bond will form part of market borrowing programme of government.
Both retailers and consultants seem convinced that the mall magic seems to have disappeared in a puff of smoke on the back of the economic slowdown, poor revenue model, low footfalls-to-sales conversion and lack of special purpose malls, the survey added.
Speaking to CNBC-TV18, M Shiv Kumar, chief financial officer, says the disappointing numbers were also on the back of its garmenting service business Made To Measure's expansion, and renovation in various units
The advance, which was earlier Rs 5,000, will cover nine major festivals - Diwali, Ramzan Id, Christmas, Parsi New Year, Rosh Hoshnaa (Jewish new year), Buddha Jayanti, Independence Day, Republic Day and Sanvatsari (last day of Jain's 'Paryushan).
Sarang Wadhawan, vice chairman and managing director, HDIL, says the first phase of the affordable housing project will be to develop five million square feet area.