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If India’s banks have their way, your next fixed deposit up to Rs 5 lakh could be tax-free. Banks are seeking a level playing field on garnering funds as they believe they are placed at a disadvantage vis-a-vis mutual funds and insurers that off
In what spells some good news for the Indian economy, the country’s services sector output growth rose to a three-month high in November as new business inflows rose markedly, lifting optimism to its highest level in eight years, even as there was
In what is good news for India’s current account deficit, India has reportedly been assured that it will keep receiving cheaper Russian crude. This, even as the Group of Seven (G7) price cap on Russian crude oil enters into force as of December 5.
As the world at large stares at a recession, tech majors and startups have been laying people off, all over. Some of the biggest companies that have fired employees in the thousands include the likes of microblogging site Twitter, Facebook parent
Bank Nifty recovered nearly 350 points from the day's low and it closed near the day's high with a gain of over 0.5%. The index has registered a new closing high in its history. It closed above the 5EMA and formed a small-bodied candle carrying a
The company is among India’s leading producers of fertilisers and industrial chemicals. Deepak Fertilisers and Petrochemicals Corporation Ltd, an S&P BSE 500 company, has delivered multibagger returns to its shareholders in the last two year
All online games that involve real money could soon come under the oversight of the central government, according to a Reuters report. India's planned regulation of online gaming will apply to all real-money games after the Prime Minister's
The Reserve Bank of India (RBI) is likely to go slower than it has over the past few months in hiking interest rates, according to a survey of economists. Easing inflation expectations both in India and abroad, indications of slower rate hik
Swing Trading Stocks for the Week STOCK ACTION CMP SL TARGET 1 TARGET 2 PRESTIGE BUY 508 486
Electricity demand in the country, a barometer of economic activity in the country, saw its growth rate pegged at a little more than 12% last month over the year-ago period. This comes after softer demand that actually declined marginally the previou
Odisha, it seems, is the new Gujarat. The state has been receiving investment offers from India’s top industrial groups for setting up big ticket projects. How much money has been pledged by investors so far? Citing the Odisha governmen
India has been known to be a country of savers, and has traditionally had one of the highest saving rates among large economies, comparable to China. But new data with the Reserve Bank of India (RBI) shows that the country’s household debt
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