Government’s ability to cut personal income tax rate in budget is limited, says Akash Singhania of Motilal Oswal AMC
"If you look at the data for last 20 years or any long time period, GDP and earnings growth and the market performance have been extremely correlated and very similar to each other."
Bond yields surge on higher inflation, shares largely flat
The benchmark 10-year bond yield was up 7 basis points at 6.68 per cent by 0430 GM...
No cut in income-tax slabs in Budget can be a disappointment: Neeraj Dewan
Not expecting too much from the govt, except the income tax cut, s...
Retail inflation hits 7.35%: Experts still see 15-50 bps RBI rate cut
Food inflation rose to 14.12% in December 2019 as against -2.65% in the same month of 2018.
Yes Bank’s forex issuer rating under review
Bank's standalone viability is getting increasingly challenged
Mutual funds, FIIs cut holdings in this multibagger in Q3
Its shares have outpaced the benchmark Sensex with a wider margin during the past three years.
Oyo may cut more jobs to shore up its bottom line
Executives say scale of layoffs ‘far larger’ than expected but Oyo denies any such plan.
Startups cutting employee costs
Oyo, Ola, Paytm, Quikr, Zomato and Rivigo have handed out pink slips or are likely to.
Union Bank of India to cut MCLR by 10 bps; Bank of Baroda to slash 1-month rate by 5 bps
Union Bank of India said this is the seventh consecutive rate cut announced by the lender since July 2019. Meanwhile, Bank of Baroda in a regulatory filing said that it will revise one month MCLR to 7.60 per cent from 7.65 per cent.
This $453 billion fund manager cuts India bet on CAA and Kashmir
Despite 5 rate cuts last year, yield on 10-year bonds is one of the highest in Asia at 6.64%
Gold Rate Today: Bullion edges higher as traders remain sceptical of US-China relations
Gold can dip lower towards Rs 39,600 while facing resistance near Rs 39,800
Cyient Q3 revenue drops on one-time client discount; firm cuts jobs
The company’s revenue dropped to $155.2 million, from $165 1 million a year ago.
Fuel prices cut for second straight day on Monday
Good news for consumers as fuel prices fell again on Monday, the second consecutive day after easing of tensions between the US and Iran. Price of petrol fell by 10 paise and that of diesel by 5 paise a litre across all major cities on Monday.
Extra MPC meet likely, RBI may hold rates in February
The surge in inflation may lead to such an event. If inflation stays above the tolerance level, the MPC must take action. Although the MPC is mandated to meet at least four times, it can hold meetings more frequently.
Oriental Bank cuts MCLR for various tenors by up to 0.15 per cent from Friday
The bank has decided to reduce the MCLR for different tenors with effect from January 10, 2020, it said in a regulatory filing. It has cut the benchmark one-year MCLR -- against which most of the consumer loans are priced -- by 0.15 percentage points to 8.15 percent.
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