The Finance Ministry is issuing a fresh proposal for sale of Air India, incorporating issues like crude oil prices and exchange rate volatility, marred by EY last year on possible reasons of... Read more »
Diamond Futures marginally higher after US Fed keeps rates unchanged says Kedia Advisory: 5pm report
On Thursday, Diamond prices closed flat at Rs. 3,488.35 cent from the previous close after the US Federal Reserve decided to keep policy rates unchanged. On the ICEX, prices of Diamond futures 1... Read more »
DBS Bank has revised India’s GDP growth for fiscal year 2020 down to 6.8 percent year-on-year (YoY) from 7 percent projected earlier, creating an obstacle for exports amidst challenging trade outlook. Growth... Read more »
The Fed on Wednesday has said it has kept rate cuts steady and indicated no such cut for 2019. Many say that slashing rate may not be the answer to the accommodative stance... Read more »
In an effort to keep a tab on shell companies, the Ministry of Corporate Affairs may amend the LLP Act to tighten regulation for companies which seek to change their status to... Read more »
HDFC Limited (“HDFC”) and Apollo Hospitals Group (“Apollo”), at their respective meetings held today, confirmed entering into definitive agreements for HDFC to acquire the entire 50.8% shareholding of Apollo Group, in Apollo... Read more »
On Wednesday, Diamond prices remained flat at Rs. 3,479.4 cent. Traders continued to be cautious with US Federal Reserve monetary policy meeting results expected later today. On the ICEX, prices of Diamond futures... Read more »
There could be some good news for over 63 million Micro, Small and Medium Enterprises (MSMEs) from now on. An eight-member expert committee, constituted by the RBI, has reportedly recommended doing away... Read more »
The RBI is going to examine concerns around its strict data localisation rules that require storing of customer data exclusively in India without creating mirror sites overseas, the government said Tuesday. The... Read more »
With the Dow rallying to a 400 point high, US markets saw steady gain. Trump’s tweet has reported sent the market into a tizzy, calming the US-China earlier trading woes. While Trump’s... Read more »