Retirement fund body EPFO on Monday is likely to retain 8.5 per cent interest on PF deposits for its over 5 crore subscribers in 2013-14.
Three years after the prime minister's election promise that his government would create 10 million jobs, the emerging picture is not pretty. Employment HAS TO take on a critical status in the government's agenda, says Shyamal Majumdar.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
In a bid to boost the dormant primary market, regulator Sebi said it is ready to review the mandatory grading of initial public offers.
Indian companies struggle to escape debt burden as profit slows.
MUDRA bank will help microfinancing firms to lend more.
The S&P BSE Sensex ended up 28 points at 25,844 and the Nifty50 ended flat at 7,915.
Oil and gas sectot may not put up good numbers in Q4.
Credit profiles have turned healthier from a year ago
For August, CRISIL core inflation indicator stood at 3.6 per cent, a tad higher than RBI's measure.
After a volatile session, Sensex closed the day 563 points lower
Additional levy to eat into Rs 6,000-crore income of top promoters
Soon, one will be able to pay utility bills at the local supermarket, while buying groceries, with the RBI allowing the setting up of payment banks.
This was the near-unanimous replies of 10 market participants.
Managing Brexit, inflation and banking reforms, along with the political environment, will be tough.
'The role reversal of those in favour of GST and those opposing it is troubling.'
The proposal to levy a 'super-rich' tax, at the rate of 35 per cent, on those earning more than Rs 10 crore a year might not receive support of the Union Cabinet.
The price differential between diesel and petrol has narrowed. But there are still enough reasons to opt for the diesel variant.
Prime Minister's key economic advisor C Rangarajan on Friday lowered the growth forecast for the current fiscal to 5.3 per cent from 6.4 per cent projected earlier and listed out host of measures including further liberalisation of foreign direct investment norms to improve economic condition.
Had you invested Rs 5,000 every month in SBI Magnum Multicap Fund through systematic investment plan (SIP) for the last 5 years, the value of your investment would be over Rs 5.2 lakh as on August 22, 2016
Banking and telecom will see the highest impact of this transition.
Participants are keenly waiting for the January IIP.
The government will release the Index of Industrial Production for July 2015 on Friday, September 11, 2015.
The Department of Post, Tech Mahindra, Videocon Group and stock exchange NSE have joined big corporates like Ambanis and Birlas to seek entry into banking business through newly created niche category of Payments and Small Finance Banks.
The S&P BSE Sensex ended 190 points up at 23,382.
Eight infrastructure industries have posted a growth rate of 8 per cent for September on account of good performance by crude oil, steel and electricity sectors.
The stocks Radhakishan Damani enters or exits are closely watched by fund managers, says Joydeep Ghosh.
The central bank had nudged banks to cut lending rates.
A nearly two-fold hike in natural gas prices will incentivise investment in the hydrocarbon sector and help reduce the energy import bill, India Inc said.
In a proposal to FinMin, the Banks Board Bureau suggests asset sales to PSUs within a deadline to recover bad loans.
HFCs and banks expect a drop in demand for housing loans in the short-term.
The 30-share Sensex ended down 224 points at 28,442 and the 50-share Nifty ended down 101 points at 8,606.
The IMD attributed the projection to a weakening of El Nio and the Indian Ocean Dipole turning positive.
HDFC twins, Axis Bank, ICICI Bank and SBI from the financial space gained between 1-2.7%.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
Across India, decades of mismanagement and political meddling have left utilities selling electricity below cost and turning a blind eye to rampant theft.
Sun Pharma stock has appreciated at 35% a year for 20 years
Jaitley said govt would achieve 4.1% fiscal deficit target in FY15.
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Q1 results indicate more pain ahead, as slowdown has spread to more sectors, pricing power has come down and rising interest cost is eating into profits.
