Incredible! This bag’s value increased from €5.1 mn in 2011 to €26 mn in 2016; buying it better than investing in stock market?ANI | March 5, 2018 9:20 PM
It is believed that buying a Hermès bag is considered to be a safer option than investing in the stock market.
FE Online | March 5, 2018 5:38 PM
A decline of 7 percent was witnessed in the shares pledged by the promoters of BSE-listed companies in the month of February.
Sensex sheds 300 points to close at two week low, Nifty below 10,400; Tata Motors, Hindalco shares plunge 5%FE Online | March 5, 2018 5:04 PM
The domestic stock markets closed in deep red on Monday after metal, banking, oil & gas and auto stocks slumped on US president Trump induced fears of a global trade war. The 30-share Sensex shed 300 points to close at 33,746.
PTI | March 5, 2018 4:24 PM
Iraq has overtaken Saudi Arabia by a wide margin to become India’s top crude oil supplier, meeting more than a fifth of the country’s oil needs in the current financial year.
Warren Buffett may be right on ills of leverage; top Indian, global companies that folded under debt pileSushruth Sunder | March 5, 2018 4:11 PM
Billionaire investor Warren Buffett has time and again reiterated that excess leverage is a sure shot way of going bust. We take a look at global and Indian companies which couldn’t handle their own debt pile.
Ashish Pandey | March 5, 2018 3:37 PM
Bitcoin, the popular cryptocurrency and worldwide payment system, has managed to scale the $11,500-mark on CoinDesk despite the Bank of England issuing a warning about an imminent regulatory crackdown on the digital currency.
Ashish Pandey | March 5, 2018 2:48 PM
In view of Rs 12,700 crore scam at the Brady House branch of Punjab National Bank, and other issues cropping up at the public sector banks (PSBs) in the last few weeks or such, Kotak MF holds a circumspect view of the public sector lenders.
Petrol price on the boil again, climbs back to Rs 80 per litre in just 14 days; diesel price rising tooFE Online | March 5, 2018 2:11 PM
Petrol price in Mumbai climbed back at Rs 80 a litre on Saturday in just weeks on the back of rising crude oil price. Petrol and diesel prices have been a rising streak since the beginning of this month.
Ashish Pandey | March 5, 2018 12:13 PM
India’s holdings in the US government securities (G-secs) touched a high of $144.7 billion at the end of 2017, data compiled by the US Treasury Department showed.
Sushruth Sunder | March 5, 2018 9:31 AM
The domestic stock markets on Monday opened in the red, and soon plunged further in the early morning trade, tracking global and domestic cues with the Sensex trading below 34,000 and the Nifty testing 10,400 mark.
Reuters | March 5, 2018 9:00 AM
Oil prices rose early on Monday ahead of a meeting between OPEC and US shale firms in Houston, raising expectations that oil producers would discuss further how to clear a global oil glut.
Reuters | March 5, 2018 8:50 AM
Asian shares were on the backfoot and the safe-haven yen rose on Monday amid fears of a global trade war, while the euro was choppy as investors worried Italy’s national elections could deliver an anti-establishment government.
Reuters | March 5, 2018 6:26 AM
Oil prices rose early on Monday ahead of a meeting between OPEC and U.S. shale firms in Houston, raising expectations that oil producers would discuss further how to clear a global oil glut.
Reuters | March 5, 2018 5:53 AM
The dollar stayed on a slippery slope on Monday amid fears of a global trade war.
PTI | March 4, 2018 3:27 PM
Besides, the Sebi board is also likely to discuss the Kotak panel report on corporate governance. The high-level panel, headed by eminent banker Uday Kotak, has suggested a major overhaul of corporate governance norms for listed companies, including steps to improve oversight of financial irregularities at listed firms.
Bloomberg | March 3, 2018 7:48 PM
Earlier this year, when Bitcoin’s price fell by more than 60 percent from its record close, a less-noticed Bitcoin figure also plunged: the number of daily transactions.
World’s 500 richest lose a combined $107 billion this week, Zuckerberg nurses biggest fall after losing $3 bnBloomberg | March 3, 2018 1:06 PM
Mark Zuckerberg is nursing the biggest fall after losing $3.2 billion as large cap stocks disappointed for a fourth straight day.
FE Online | March 3, 2018 10:06 AM
The popular cryptocurrency Bitcoin made news for the most part of the last year due to the record highs it constantly touched. The cryptocurrency almost touched the $20,000-mark in the later part of 2017.
ANI | March 3, 2018 9:41 AM
Co-founder of peer-to-peer ridesharing, food delivery, and transportation network company Uber, Garrett Camp is launching his own cryptocurrency – Eco.
Sushruth Sunder | March 3, 2018 9:49 AM
Legendary billionaire investor Warren Buffett has often advised investors to avoid falling into the trap of leverage, his Indian counterpart Rakesh Jhunjhunwala attributes a large part of his success in the stock market to taking leverage.
FE Bureau | March 2, 2018 5:21 AM
First time under MCLR regime; move was widely expected on hardening bond yields
Bhavik Nair | March 2, 2018 3:55 AM
S&P Global Ratings has assigned its ‘BBB-’ long-term issue rating to UPL Corp’s proposed senior unsecured notes due 2028
FE Bureau | March 2, 2018 3:50 AM
The Reserve Bank of India (RBI) on Thursday notified a separate limit of Rs 5,000 crore for long positions in Interest Rate Futures (IRFs) for foreign portfolio investors (FPIs).
FE Bureau | March 2, 2018 3:42 AM
Reliance Power is seeking shareholders’ approval to raise up to Rs 2,000 crore through a qualified institutional placement (QIP).
Credit Suisse | March 2, 2018 3:37 AM
Britannia has ~32% market share in biscuits, which we expect to gradually move up by ~100 basis points every year over the next 3-4 years driven by: increasing share in the ‘Hindi Belt’ led by distribution expansion, launch of premium products and gradual shrinking of the unorganised sector after GST.
Edelweiss | March 2, 2018 3:32 AM
Our recent visit to Adani Ports SEZ’s (APSEZ) flagship ‘Mundra’ port where we interacted with top management left us enthused about the company’s long-term growth prospects.
FE Bureau | March 2, 2018 3:27 AM
Value-added spice exporters have been facing a crisis and are likely to shift to other countries with the Union government fixing a minimum import price (MIP) for pepper from December, 2017, the All India Spices Exporters Forum (AISEF) said here on Wednesday.
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