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In the global market, the dollar was quoted lower in the early trade with investors looking ahead to the following day's European Central Bank policy decision.
Kotak Mahindra Bank has decided to buy a 15 per cent stake in Multi Commodity Exchange (MCX) for Rs 459 crore from Financial Technologies India (FTIL).
HDFC Life, which posted a consolidated net profit of Rs 281.83 crore (Rs 2.81 billion) for the quarter ended June compared with Rs 11.92 crore (Rs 119.2 million) in corresponding period last year (according to HDFC's first quarter results), has diversified its distribution mix.
At 19 times the trailing earnings, valuations are above 2003, 2009 levels.
Bubbles can inflate indefinitely and also burst, with deep corrections, warns Devangshu Datta.
NBA great Michael Jordan's autographed game-worn sneakers from his rookie season fetched a record $560,000 (463,380 pounds) in an online auction, Sotheby's said on Sunday. The Air Jordan 1s, designed for Jordan in 1985 and the first ever signature sneakers, were expected to sell for between $100,000 and $150,000 in the auction.
Make in India crucial for growth.
Knowing these will save you from taking undue risks, losses and also create wealth in the long run, says Dwaipayan Bose.
Take this quiz to test your finance gyaan.
The good news for us is that India's economy - and sentiment about it - is much better than it was a year ago, says Jamal Mecklai.
The most immediate cause of worry is the recent volatility in foreign exchange markets, Prime Minister Manmohan Singh tells the Assocham annual general meeting.
In its report 'Global Top Picks', Barclays expects the current bull market in global equities to continue, generating a total return of 9 per cent in 2015.
Can the newly-minted Jal Shakti ministry bring water to some 19 crore Indian households that have never had taps or heard the sound of flowing water, wonders Vinayak Chatterjee.
New technologies such as block chain are throwing up new opportunities; so the axe is bound to fall on those who are still stuck in the past and not reskilling themselves, says Shyamal Majumdar.
The industry's reactions to the Budget have been mixed.
The value of the index, adjusted from its all-time high for the relative loss in the rupee's value, is close to sub-10,000 levels.
Developers grappling with labour shortage and getting construction material to sites could be among a list of problems.
Small stocks made a dashing comeback in 2020 after delivering negative returns in the last two years as increased retail investor participation in pandemic times saw small-cap index surging up to 31 per cent and outperforming the bigger benchmark gauge. This year turned out to be eventful for the equity market, witnessing bearish and bullish sentiments at different points of time. While the initial part of COVID-ravaged 2020 saw the bears in full force amid concerns related to the pandemic and lockdowns hurting economic activities, bulls made a comeback towards the latter half of the year. As the market swayed with many lows as well as highs, small and mid-cap indices emerged as markets favourites in 2020.
Signals to look for before deciding when to enter, lie low or get out of stock markets.
The global economy is fragile now. It continues to face both long-term and short-term issues.
The stock exchange does not store and display the numbers of investors. That would be like a bank publishing the details of its customers for everyone to see.
Artificial Intelligence will create 2.3 million machine learning jobs by 2020.
India may be at the fag end of a downcycle that has lasted over 7 years
An expert reveals the secret.
'It will take a long time for the effects of demonetisation to wear away, and I am not even sure that a year lost, can at all be even recovered.'
State Bank of India is also expected to tap the markets this year
The Assam assembly on Friday passed a bill to regulate the slaughter, consumption and transportation of cattle, notwithstanding the walkout staged by the opposition parties in protest against the government's refusal to forward the legislation to a select committee.
Ten images that prove we live in a odd, odd world!
The Sensex closed above 28,000 and Nifty settled above 8,500.
The Sebi Act deals with securities and the definition of securities, according to the Securities Contracts Act, doesn't include commodities.
If IOC is not allowed to run its own affairs, then we can see it close down in the next 10 to 15 years, warns Sudhir Bisht.
'Stick to the known quality names, avoid short term thinking and don't be in a hurry to book profits on your winners.'
Rise in m-cap to above Rs 10 crore (Rs 100 million) could help companies avoid illiquid tag, though analysts advise caution on investing in such scrips on present mood alone.
To hire 300 graduates in those regions in FY15; moves staff with strong tech skills into sales.
The Securities and Exchange Board of India does not seem to have understood the enormity of what funds have been up to. If Sebi does not crack down on mutual funds using cooked-up credit ratings to hide behind promoter funding, this is bound to grow into a systemic menace, says Debashis Basu.But MFs decided to become lenders without the legal backing to secure themselves, or the skillset to assess lending risk. If Sebi does not crack down on mutual funds using cooked-up credit ratings to hide behind promoter funding, this is bound to grow into a systemic menace, says Debashis Basu.
A financial adviser can provide invaluable assistance in helping you navigate the very complex world of investment. But do you really need one?
Sensex is under pressure due to concerns in the global market.
The Renault Formula One team will be renamed Alpine F1 from 2021, competing in French colours to showcase the carmaker's sportscar brand, new company CEO Luca de Meo announced on Sunday.
Equity investing is still fraught with peril and is riddled with sink holes that investors need to be wary of
In three of the past four years, 10-year returns have been 10 per cent or lower, making equity unattractive, compared to other asset classes.
