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14:34 Trade setup for Tuesday: Top 10 things you should know before Opening Bell


08:02 Dhola-Sadiya bridge images: Indian Army’s powerful tanks can roll on it! All about India’s longest river bridge


10:06 5 charts that show why cabinet cleared ordinance to solve NPA issue


13:59 Trade Setup for Wednesday: Top 10 things you should know before Opening Bell


15:51 Centre bans sale of cattle for slaughter, places restrictions on trade


08:28 GST rates are here! How it will affect your restaurant bills


12:37 Umeed Housing Finance raises $5.6 mn from Lok Capital, Duane Park


00:42 GST rate impact: Here’s how the new tax can carry a greater punch



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  • CBOT soybeans end flat after choppy session

    24 May, 2017 7:45 PM 18

    USA-SOYBEANS/CBOT (URGENT, TABLE):CBOT soybeans end flat after choppy session CHICAGO, May 24 (Reuters) - July soybean futures on the Chicago Board of Trade settled unchanged on Wednesday at $9.48-1/4 per bushel after a choppy, directionless session, traders said. * The July contract dipped to $9.43 a bushel in early moves but held above the one-month

  • Make in India gets sourcing push from govt

    24 May, 2017 6:21 PM 22

    Cabinet also approves abolition of FIPB, strategic partnership policy defence The Union Cabinet on Wednesday approved a policy providing preference to domestically manufactured goods for government procurements, in a major step to boost the government’s Make in India initiative. It also approved the abolition of the Foreign Investment Promotion Board

  • Lionel Messi faces 21-month prison sentence over tax fraud

    24 May, 2017 4:22 PM 22

    Messi and his father were found guilty of defrauding the Spanish tax office of almost €4.2m Barcelona superstar Lionel Messi has lost his appeal as the Supreme Court upheld a 21-month suspended prison sentence for three counts of tax fraud. Messi was sentenced in July 2016, but it is likely to be suspended as is common in Spain for first offences for non-violent

  • Jet Airways introduces third Mumbai-London non-stop flight

    24 May, 2017 4:00 PM 23

    New Delhi: Private airline major Jet Airways on Wednesday announced introduction of its third non-stop daily service between Mumbai and London Heathrow, effective from October 29. The airline will deploy Boeing 777-300ER -- the biggest aircraft in its fleet -- on this route, the statement added. According to the airline, the new flight will boost Jet Airways

  • Cabinet approves abolition of 25-year-old Foreign Investment Promotion Board

    24 May, 2017 2:20 PM 24

    New Delhi: The Union Cabinet on Wednesday approved the abolition of the 25-year-old Foreign Investment Promotion Board (FIPB), which currently vets FDI proposals requiring the government approval. Finance Minister Arun Jaitley in his Budget speech on February 1 announced scrapping of the inter-ministerial body, which comes under the finance ministry's

  • Union Cabinet Scraps Decades-Old Foreign Investment Regulator

    24 May, 2017 2:04 PM 14

    The cabinet today put its stamp on dissolution of the Foreign Investment Promotion Board (FIPB), bringing the curtains down on the two-decade old organisation empowered to recommend clearance for foreign direct investments up to Rs. 5,000 crores. While presenting the government's annual budget in February, Union Finance Minister Arun Jaitley had said that in keeping

  • Union Cabinet scraps 25 years old Foreign Investment Promotion Board

    24 May, 2017 1:00 PM 19

    Generate Enquiries for your Business by Listing on NEW DELHI: The Union Cabinet today approved the dismantling of 25-year-old Foreign Investment Promotion Board (FIPB) removing one layer of decision making for FDI approvals. FDI proposals will now be cleared by the concerned ministries and in cases where government has security concerns

  • Buy Suzlon Energy; target of Rs 25: HDFC Securities

    24 May, 2017 11:06 AM 23

    Suzlon’s (SUEL) 4QFY17 result was a beat on all counts, with volume at 554MW (+25% YoY) and realisations at Rs 82.2 mn/MW. EBITDA margins also improved (+70bps YoY to 14.1%), Hence, we take a conservative view on volumes (1,800/2,000 MW in FY18/19E) vs. mgmt guidance. Our positive stance on the sector remains intact. Reiterate BUY with a TP of Rs 25/share

  • Note ban 'successful political coup': French economist Sorman

    24 May, 2017 10:44 AM 20

    New Delhi: Globally acclaimed French economist Guy Sorman has described demonetisation as a "successful political coup", although it failed to meet the objective of weeding out corruption for which more steps are needed. "Demonetisation was a successful political coup which was heavily applauded by a majority of the Indian people. The government showed

  • Bharat Forge Q4 net profit up 25% at Rs 207 crore

    24 May, 2017 10:29 AM 23

    Company had posted a net profit of Rs 165.57 crore during the same period of previous financial year Auto components major Bharat Forge on Wednesday reported a 25.32 per cent increase in standalone net profit at Rs 207.50 crore for the fourth quarter ended March 31, 2017. Total income from operations stood at Rs 1,205.37 crore as against Rs 1,089.07 crore