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Job Market

Onion prices pinch hard: Key kitchen staple at eye-watering Rs 150 per kg; imports underway

The editor Dec 27, 2019
In most cities, onion prices were ruling at Rs 100/kg.Retail onion prices on Friday remained higher at up to Rs 150 per kg even as the imported supplies have started arriving to boost the domestic availability and check prices. In…
Featured

Here’s a warning for investors who are tempted by this year-end rally for stocks

The editor Dec 27, 2019
MARKETWATCH FRONT PAGEWall Street is looking at another record session for Friday, and warning bells are going off for some. Our call of the day says don’t get tempted into stocks right now,…
Industry

As economy turtles south, credit growth may plunge to 58-year low in FY20

The editor Dec 27, 2019
Many international agencies have also revised downward their economic growth forecast for FY20.As the GDP growth has plunged to an over six-year low of 4.5 per cent in the second quarter of the ongoing fiscal, credit expansion may…
Personal finance

Interview: Expect further easing in funding costs in second half of FY20

The editor Dec 27, 2019
Regarding liquidity, we have never faced any trouble in raising funds for growth, even at the peak of liquidity stress.Gold loan NBFC Manappuram Financerecorded a second quarter consolidated net profits of Rs 402.28 crore in the current…
Job Market

Sensex up over 250 points, Nifty above 12,200; SBI, Axis Bank gain

The editor Dec 27, 2019
The 30-share BSE index was trading 261.65 points or 0.64 per cent higher at 41,428.97, and the broader NSE Nifty jumped 77.65 points or 0.64 per cent to 12,204.20.Benchmark equity indices are trading on a high note tracking gains in…
Featured

Here’s a warning for investors who are tempted by this year-end rally for stocks

The editor Dec 27, 2019
…
Industry

IL&FS case: Sebi slaps Rs 25 lakh fine each on ICRA, CARE, India Ratings

The editor Dec 27, 2019
According to Sebi, the exposure of IL&FS, at the relevant times, was critical to the financial stability as its share in total exposure of banks to NBFC sector was fairly high.Cracking the whip for their “lethargic indifference”,…
Personal finance

J-K Bank appointed lead bank convenor for UT of Jammu & Kashmir; SBI gets Ladakh

The editor Dec 27, 2019
There is no change in the SLBC/ UTLBC convenorship of other states and UTs, it added.The Reserve Bank on Thursday appointed Jammu & Kashmir Bank as the lead banker for the newly carved out union territory of Jammu and Kashmir. State…
Job Market

RBI to purchase, sale g-secs worth Rs 10,000 crore each on Monday

The editor Dec 27, 2019
The RBI further said it reserves the right to accept or reject any or all the bids or offers either wholly or partially without assigning any reasons.The Reserve Bank of India on Thursday announced simultaneous purchase and sale of…
Featured

‘Star Wars: Rise of Skywalker’ rings up second-best Christmas box office ever

The editor Dec 27, 2019
…
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