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Another evolving consumer trend in e-commerce is consumers withholding their purchases till the discount season.While night time may not see much traction for offline stores or shopping malls, e-commerce companies such as Amazon, …

SBI Chairman Rajnish KumarSBIChairman Rajnish Kumar on Saturday said banks cannot go beyond a threshold to bring down interest rates on deposits as India lacks social security schemes and likewise cannot lend at lower rates to…

MSCI’s gauge of stocks across the globe gained 0.40% to a record high, while Wall Street’s three key equity indices also marked new highs.A year-end rally in global equity markets extended gains on Friday, helped by data showing…

MARKETWATCH FRONT PAGE There’s a tendency for one year’s stock-market dogs to recover the following year. See full story.I’ll have $10,000 a month to spend and prefer a city with beautiful…

The Jaypee group had sub-leased plots to 11 builders on the allocated land and separately had taken around Rs 2,000 crore from homebuyers in 10 projects but not delivered it.The Yamuna Expressway Authority on Saturday cancelled the…

The clarification comes after a news report suggested that Indian banks may ask depositors and customers to list their religion.Finance Secretary Rajiv Kumar on Saturday denied the “baseless rumours” that Indian citizens need to declare…

Rates of soybean oil have been on an upward swing and lost 1% early this week. (Representative image)After onion prices debacle, cooking oil is also expected to hit the grocery bills hard as edible oils have registered a northward trend…

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As the demand declines, the onus is on the brands to improve their positioning. Image: BloombergEven while prices of certain product categories have been on a southward trend, demand and production of FMCG items such as jams, butter,…

“So in such circumstances, banks will have to evaluate carefully before lending to the sector as the probability of default is very high,” Kumar said.SBIChairman Rajnish Kumar on Saturday said most banks will be in a good position with…