Money News - Page 6
Sensex falls for 6th day in a row, posts worst weekly loss in 2 months
Sensex today extended its losing streak for the sixth session in a row, slipping by 133.06 points and logging its worst week in two months due to poor bluechip earnings coupled with uncertainty in view of Delhi assembly polls.
Sensex washes out initial gains, headed for 6th day of decline
Sensex washed out initial gains and was quoted lower by 82 points in late morning trade due to fresh selling in auto, banking, metal, power and realty sectors amidst mixed Asian cues.
Railways continues growth trajectory, April-Jan earnings up over 12%
Continuing the growth trajectory, railways have earned Rs 1,28,928.28 crore during April 2014-January 2015 as compared to Rs 1,14,428.52 cr during the same period last year, registering an increase of 12.67 percent.
Rupee washes out initial losses against $, edges up two paise at close
The Indian rupee washed out initial losses against the greenback to edge up by two paise at 61.73 on fag-end selling of dollars by banks and exporters.
Sensex ends in red for 5th day after shedding over 400 points intra-day
Sensex today reversed gains in the last ninety minutes and ended 32.14 points lower at 28,850.97, its weakest level in over two weeks, on sharp selling in power, realty and consumer durable shares amid weak global cues.
Sensex snaps 4-day fall on value buying, HDFC share sale
The BSE Sensex and the Nifty rose on Thursday on value buying in blue-chips after closing at their lowest in two weeks in the previous session, while a strong response to HDFC Bank's $1.6 billion share offering also bolstered sentiment for its rivals.
Sensex falls for fourth straight day, closes below 29,000 mark
xtending losses for the fourth straight day, the benchmark BSE Sensex today fell over 117 points to slip below the 29,000-mark
Sebi goes overboard on insider trading; its norms can be grossly unfair to innocents
What makes the Sebi’s overreach even more dangerous is the simultaneous ushering in of reverse jurisprudence
Coal India stake sale begins, stock tanks nearly 4% in early trade
The government's 10 per cent stake sale in bluechip Coal India, to raise an estimated Rs 22,600 crore, began on Friday morning.
Sensex hits fresh record high at open, Nifty inches towards 9,000 level
In previous ten sessions, the Sensex had recorded a massive rise of over 2,346 points, or more than 8 per cent.
Sensex hits 29000: Thank falling oil prices not Modi govt policies
The Sensex today breached its crucial resistance level of 29,000 for the first time ever led by strong buying by foreign institutional investors (FIIs) in the past five trading sessions.
New highs: Sensex crosses 29,000-mark, Nifty hits new peak of 8,754.65
Optimism among funds and retail investors over encouraging Q3 earnings by bluechip companies buoyed trading sentiments, brokers said.
Despite FII flow, markets to lose steam ahead of elections, budget: Morgan Stanley
For the rally in Nifty,Morgan Stanley says many stocks have now become more expensive than their fundamentals can allow.
Budget 2012: All that you need to know about personal taxes
Real benefit is for those earning in the Rs 8-10 lakh bracket as it will give a straight and flat tax relief to the extent of Rs 20,000 .
Rail stocks rally thanks to Indian Railways' fare, freight hike
Shares of companies engaged in railways-related businesses today rallied on the back of a hike in passenger fares and freight rates
Railway Budget 2014: These stocks have been in demand; will they remain buoyant?
The stocks have been on a roll as investors hope the government's infra push will give a boost to these companies
First correction, then highs: What analysts predict for Sensex, Nifty post Budget
Markets appear to believe planned reforms aren't just promises but will be implemented.<br />
Pre-Budget, Sensex, Nifty at life-time highs: 4 expectations markets are riding high on
Here are four key expectations from the forthcoming budget
Govt to sort out compensation issues for early GST roll-out, says FM Jaitley
Finance Minister Arun Jaitley today said the Centre would sort out compensation issues with states to ensure early roll-out of Goods and Service Tax, a new indirect tax regime that will subsume various levies.
Sensex breaches 26,000: These are the 5 stocks you should be watching on Budget day and after
The market, for now, is in the grip of raging bulls
SME Survey: Flexible regulations, easier business policies is an urgent need
According to a survey done by Firstbiz and Greyhound Knowledge group, Indian SMEs find starting and running a business difficult because of the prohibitive business climate. For this year's budget, what SMEs really want is a flexible regulatory policy.
Chase to begin soon: New intelligence units, 800 personnel to check service tax evasion
The Finance Ministry has cleared creation of new intelligence units across the country and appointment of over 800 personnel to check any leakage in its earnings from the indirect tax.
SME Survey: Businesses want protection of low-skilled labourers in Budget 2014
SMEs are the unsung backbone of the Indian economy, which is why the finance minister should address various issues affecting MSME performance in the current recessionary economic climate.
Parliament to pass Union Budget before 31 July
The debate on the Budget in the Lok Sabha will begin tomorrow and Finance Minister Arun Jaitley is expected to reply to it on July 18.<br />
No retro tax on debt schemes: MFs say relief only partial, will not help industry
MFs feared the budget proposal will hurt them as majority of assets under management comes under the debt category
Disinvestment plan: Govt to sell 10% stake in Oil India, NTPC soon
Government is likely to come out with 10 percent stake sale offer of Oil India in the second fortnight of this month, followed by NTPC's issue in the first 14 days of February, a Finance Ministry official said today.
Budget 2013: Raise interest payment cap on housing loans, says PwC
PwC is of the opinion caption that the realty sector has been under pressure for long and the government should incentivise investments into the sector.
Separate the investor and tax planner in you
The investor and taxpayer should separate from one another. Investments should be made based on outlook for the asset class. The taxpayer should use all tax breaks available to save on tax.
Sensex at 20000: Markets will give credit where it is due
A good budget will see markets taking up PSU stocks along with the broad market and since PSU stocks have underperformed over the last two years the catch up could fetch handsome returns to investors.
RGESS or regress? Tax breaks won't help equity flows
Investors do not mind paying taxes as tax is paid on gains, unfortunately retail investors are nervous on whether they will see gains at all on equities given the current state of economic affairs.