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Jobs Magazine
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Job Market

FPIs remain net buyers for second straight month; infuse Rs 16,464 crore in October

The editor Nov 3, 2019
Prior to this, FPIs had infused a net Rs 6,557.8 crore into the Indian capital markets (both equity and debt) in September.Continuing their buying streak for the second straight month, overseas investors pumped in a net Rs 16,464 crore…
Featured

Weekend roundup: Where to retire on $5 million, outside California | Tesla’s surprise | A Nobel…

The editor Nov 3, 2019
…
Featured

Many firms in China’s third-biggest province struggling to pay debt – S&P

The editor Nov 3, 2019
BEIJING (Reuters) - Many privately held firms in Shandong, China’s third-biggest province by economic output, are struggling to repay short-term debt due to declining industry fundamentals, entangled cross guarantees and ill-managed…
Industry

Real estate sector betting on affordable housing to push sales

The editor Nov 3, 2019
The overall unsold inventory is around 7.79 lakh units, of which 3.93 lakh units, or roughly 51%, is affordable.Even as the real estate sector grapples with liquidity crunch and overall subdued business sentiment, the industry is betting…
Personal finance

PSU Banks talking to RBI to allow staggered reversal of deferred tax assets

The editor Nov 3, 2019
Last week, State Bank of India (SBI) said that it has not taken the impact of the DTA reversal in its September-quarter results and would recognise it later.By Hariprasad RadhakrishnanPublic-sector banks (PSBs) are talking to the Reserve…
Job Market

Bajaj Finance rating: Maintain ‘neutral’ with target price of Rs 3,850

The editor Nov 3, 2019
BAF has maintained its robust growth trajectory with deepening geographical penetration and increasing repeat business.Bajaj Finance’s (BAF) PBT grew 41% y-o-y in Q2FY20, PAT increased 63% y-o-y to `1,500 crore owing to the lower tax…
Featured

Seeing America again through new eyes

The editor Nov 3, 2019
MARKETWATCH FRONT PAGE In 2011, at 50, I took early retirement from my job as an air-traffic controller, left Texas and began traveling the world. See full story.How to dig yourself out of debt…
Featured

China unexpectedly keeps LPR lending benchmark unchanged, but outlook for rates down

The editor Nov 3, 2019
SHANGHAI (Reuters) - China on Monday unexpectedly kept unchanged its new benchmark lending rate, suggesting Beijing is keen to avoid overly loosening monetary policy for fear it may push up already-high debt levels across the economy.…
Industry

Warren Buffett’s Berkshire Hathaway reports 11% decline in profit

The editor Nov 3, 2019
Berkshire Hathaway said it made USD 16.52 billion, or USD 10,119 per Class A share, in the quarter, down from USD 18.54 billion, or USD 11,280 per Class A share, a year ago. (Reuters)Warren Buffett’s company reported Saturday that it saw…
Personal finance

Karur Vysya Bank net profit down by 24% to Rs 63 crore in Q2

The editor Nov 3, 2019
Total advances grew by Rs 1,247 crore from Rs 48,141 crore to Rs 49,388 crore.Karur Vysya Bank (KVB) has reported a net profit of Rs 63.33 crore for the September quarter of FY20 compared to Rs 83.74 crore a year ago, registering a…
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