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15 January, 2019 11:17 AM Sensex soars over 460 points, Nifty regains 10,800

Drop in inflation raised hopes of monetary easing. New Delhi: Markets posted strong gains with both the Sensex and Nifty closing above 1.30 percent as lower inflation figures gave way to expectations of an ease in the monetary policy by the Reserve Bank of India in its February policy review. The BSE Sensex jumped 464.77 points or 1.30 percent to 36,318.33 while 122

15 January, 2019 4:20 AM Rupee weakens to 71/$ for first time since Dec

Today, USD-INR pair is expected to quote in the range of 70.40 and 71.20, says Motilal Oswal. The Indian rupee erased all its morning gains and weakened to 71/$ for first time since December 2018. Rupee came under pressure against the US dollar ahead of the important inflation number that was released later in the evening. Data showed inflation in December 91

15 January, 2019 2:35 AM Oil prices edge up on supply cuts, but weakening economic outlook caps gains

Oil prices inched up on Tuesday amid supply cuts by producer club OPEC and Russia, although the darkening economic outlook capped gains. US West Texas Intermediate (WTI) crude futures were at $50.78 per barrel at 0041 GMT, up 27 cents, or 0.5 percent, from their last settlement. "The impact of OPEC+ cuts, Iran sanctions and lower month-on-month growth 86

11 January, 2019 4:09 AM HFCL gains nearly 6% on orders win worth Rs 502 crore

Shares of Himachal Futuristic Communication (HFCL) gained 5.8 percent intraday Friday after company won orders worth Rs 502 crore. The company has received the purchase orders worth Rs 502.73 crore approximately from Larsen & Toubro and a consortium led by ITI for creating OFC Network Infrastructure under BharatNet Phase-II project in Andhra Pradesh 94

11 January, 2019 4:01 AM Tata Motors gains despite weak JLR sales numbers

JLR said it will cut 4,500 jobs worldwide, hurt by slowing China sales and uncertainty in the UK after Brexit. Shares of Tata Motors rose over 1 percent in early trade despite reporting weak Jaguar Land Rover (JLR) sales in 2018. JLR said it will cut 4,500 jobs worldwide, hurt by slowing China sales and uncertainty in the UK after Brexit. The stock 78

10 January, 2019 8:53 AM D-Street Buzz: Nifty Auto continues to roll led by Tata Motors; Axis Bank down 2%, media gains

Astral Poly Technik, Bata India, Maharashtra Scooters, PVR, Torrent Pharma and Info Edge (India) have hit new 52-week high in this afternoon session. Sensex as well as the Nifty continued to trade lower in this Thursday afternoon session with the Nifty50 down 20 points, trading at 10,835 while the Sensex shed 27 points and was trading at 36,185. Bank Nifty 97

10 January, 2019 4:09 AM Adani Enterprises trades flat despite signing MoU with Andhra Pradesh

Adani Group will invest Rs 70,000 crores to build 'green' data centre parks in Andhra Pradesh, potentially creating over 100,000 jobs over 20 years, the company said in a statement Shares of Adani Enterprises erased gains and traded flat in the early trade on January 10 after signing an agreement to develop solar-powered data centre parks in Andhra 137

7 January, 2019 7:58 AM Elara expects banks' profitability to improve in Q3FY19

Elara Capital does not expect any new large corporate loan account to slip barring re-classification of IL&FS Brokerage houses have been betting on select banks, especially after the beginning of improvement in their asset quality and hope of further earnings growth. Elara is one of the brokerage houses that also turned positive on banks and expects 98

7 January, 2019 7:10 AM D-Street Buzz: Metal stocks trade higher led by Tata Steel, Welspun Corp; ITC gains

Benchmark indices trimmed some of its morning gains with Sensex is trading higher by 250 points, while Nifty is around 10,800 level. ITC shares gained 1.5 percent intraday on Monday after global investment firm Macquarie maintained outperform call on the stock with a price target at Rs 376, implying 34 percent potential upside. Tata Motors, Axis Bank, Maruti 104

7 January, 2019 2:02 AM From sliced bagels to cess on cows: Unusual taxes people pay around the world

In Switzerland, those who wish to get a pet need to pay taxes, which has to be paid annually and varies in each municipality. Artist exemption in Ireland | If you are a budding artist who is overloaded with hopes and dreams but not with cash, Ireland is the place for you. Under the tax exemption scheme, the first 50,000 euros per annum of profits or gains 71