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Matka king murder case: Six including wife, son convicted

A sessions court on Friday convicted six accused in the murder case of matka-king Suresh Bhagat, including his wife and son. According to prosecution, the motive behind the murder was that Bhagat's......

Naxal attack: 42 of 76 CRPF jawans hailed from UP

Of the 76 Central Reserve Police Force personnel who died in the Naxal attack in the Mukrana forests in Chhattisgarh on Tuesday, 42 of them hailed from Uttar Pradesh.Bodies of 25 jawans hailing......

Become a bone marrow donor!

Sameer Bhatia, a technology entrepreneur and a former staff member of the American India Foundation, has been diagnosed with Acute Myelogenous Leukemia, which is a cancer of the blood. He is in......

RBI to hold key rate at June policy meet: BofAML

Growth remains weak, inflation is within 2-6% range, rate cut would help recoup forex reserves The Reserve Bank of India (RBI) is expected to hold the key rate at its monetary policy review next......

Economists find GDP data intriguing, say figures don't add up

They believe that the key reason behind such a high growth rate could be "a steep downward revision" of the year-ago base period. Government data showing a surprise 7 per cent GDP growth in the......

5 events the markets may react to in 2017

Demonetisation impact, earnings growth, central bank policies will get attention, reports Puneet Wadhwa.Illustration: Dominic Xavier/Rediff.com It has been an eventful year for the markets, which......

Demonetisation blues: Axis Bank suspends some suspicious accounts

The agency's probe till now found that huge monies were transferred through RTGS transfers to some shell companies including a case where the director of such a firm was a petty labourer Hit by......

TCS' profit warning spreads IT gloom

Stock crashes 6.5%; top 5 firms lose Rs 33,883 crore in market cap Concerns of slowdown in the Indian information technology sector came to the fore on Thursday when Tata Consultancy Services......

Birmingham City owner pleads not guilty to money laundering

Birmingham City football club owner Carson Yeung pleaded not guilty to charges of laundering more than HK$720 million and his defence team sought to have the case thrown out, saying some related......
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BofAML

The prospering monsoon signals revival of rural demand and a rate cut by the Reserve Bank on August 2 amid low inflationary pressures, says a report. ...

http://www.dnaindia.com/business/report-monsoon-augurs-well-for-rural-demand-rbi-rate-cut-bofaml-2477101
BofAML

Around 90 per cent of Reliance Jio users are estimated to have subscribed to its promotional Prime membership plan, as per a report by Bank of... ...

http://www.business-standard.com/article/pti-stories/90-jio-users-opted-for-prime-most-ready-to-continue-bofaml-117061800194_1.html
RBI likely to step up forex buying; rate cut on cards

The Reserve Bank is expected to step up forex buying and may go for a 25 basis points cut in interest rate on August 2, says a report. According to... ...

http://www.business-standard.com/article/pti-stories/rbi-likely-to-step-up-forex-buying-rate-cut-on-cards-117061500763_1.html
BoAML

BoAML believes larger lenders such as SBI are relatively better placed to benefit from this theme. ...

http://www.moneycontrol.com/news/stocks-views/npa-measures-will-turn-around-big-ticket-bad-loans-prefer-sbi-boaml_9098361.html
BofAML

Falling food inflation is expected to pull June CPI inflation to the sub-2 per cent level and may prompt the Reserve Bank to go in for a 25 bps... ...

http://www.dnaindia.com/business/report-cooling-food-inflation-to-pull-june-cpi-to-sub-2-bofaml-2470795

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