Share market update: Nifty Financial Services index up; Cholamandalam Investment gains 3%
The Nifty Financial Services index was trading 0.33 per cent up at 14,088.05 .
Air India seeks Rs 2,400 cr government guarantee to raise funds
Faced with acute financial crunch, Air India has sought Rs 2,400 crore guarantee from the government to raise fresh funds to mainly meet its operational requirements, according to an official.
World Anti-Doping Agency imposes 4-year ban on Russia
Russia was banned from the Olympics and world championships in a range of sports on Monday after the World Anti-Doping Agency (WADA) ruled to punish. WADA took the decision after it concluded that Moscow had tampered with laboratory data by planting fake evidence and deleting files linked to positive doping tests that could have helped identify drug cheats.
Does your spouse lie to you about money? Here's how to deal with financial infidelity
Financial infidelity is more common than we think. There are some harmless forms, where the couple simply hides a spend to avoid an argument. Then there are serious forms where the family’s long-term financial goals are put to risk.
Govt earmarks Rs 937 cr for exploration of non-CIL blocks in FY'20
The government has allocated Rs 937 crore for exploration of mines that are not associated with Coal India, for the ongoing financial year, Parliament was informed on Monday. Of this fund, Rs 120 crore has been earmarked for regional exploration and Rs 817 crore for detailed drilling, Coal Minister Pralhad Joshi said in a written reply to the Rajya Sabha.
Australian shares end firmer in subdued trade; NZ inches down
The S&P/ASX 200 index finished 0.7 per cent, or 45.7 points, higher at 6,752.6.
ADB trims India's GDP growth forecast to 5.1% in FY20
"India's growth is now seen at a slower 5.1 per cent in fiscal year 2019-20 as the foundering of a major non-banking financial company in 2018 led to a rise in risk aversion in the financial sector and a credit crunch. Also, consumption was affected by slow job growth and rural distress aggravated by a poor harvest," Asian Development Bank said.
Qualcomm aims to drive affordability in 5G next year
Qualcomm will bring 5G to every single tier next year. Throughout 2020, it will bring 5G to all price-points to make the technology affordable to accelerate the transition and ignite the developer community, said the company’s president Cristiano Amon.
Over 3.38 lakh cos deregistered in last two financial years: Govt
The Corporate Affairs Ministry has removed the names of these companies for their failure to file annual returns for two or more financial years continuously.
Buy Cadila Healthcare, price target Rs 278: Sagar Doshi
The analyst suggested a stoploss at Rs 245.
Buy Hindalco Industries, price target Rs 210: Sagar Doshi
The analyst suggested a stoploss at Rs 193.
‘China may grow below 6% over next 5 years’
The economy could grow between 5 per cent and 6 per cent from 2020 to 2025.
Policy muddle ruins year 2019 for crypto, blockchain industry
While the government and RBI had shown concern against the proliferation of private digital currencies, their interest on the subject has been lukewarm, said Sathvik Vishwanathan, the CEO of cryptocurrency exchange Unocoin.
PM Modi's tweet on victory of BJP in LS elections most liked on Twitter this year
Prime Minister Narendra Modi's tweet celebrating the BJP's victory in Lok Sabha elections in May was the most re-tweeted and liked tweet thi...
Transport Ministry has sought RBI nod for 30 year financing of infra projects: Nitin Gadkari
The Reserve Bank Governor gave a clear direction that we don't have any problem if banks are ready to finance for 30 years for infrastructure projects. Earlier, the banks used to finance only for 20 years," Gadkari said at the inaugural session of the 10th edition of Excon-2019, a five-day International Construction Equipment and Construction Technology Trade Fair here.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service