Gold rate today: Gold edges higher as IMF trims growth outlook
US gold futures were 0.4 per cent higher at $1,566.30.
Indian Navy cutting down on procurement due to Budget cuts
The rationalisation process has been initiated after consecutive budgets where pro...
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...
Brokerages upbeat on RIL’s retail, telecom businesses, retain ratings
Of the 26 brokerage reports ET studied, eight have increased the price targets on RIL shares while six reduced it after the earnings. Nineteen of the 26 brokerages have a ‘buy’ rating on the stock, with the average price target given at over Rs 1,700.
Gold rate today: Bullion counters trade near flatline as traders assess situation in China
Gold futures on MCX were up 0.11 per cent at Rs 39,955 per 10 grams.
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 GMT.
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.
Brokerages cut Kotak Bank’s earnings estimates as Q3 results disappoint
Nomura termed the bank’s third quarter performance as disappointing.
Buy Titan, price target Rs 1,240: Kunal Bothra
The analyst suggested a stoploss at Rs 1180.
Buy Mphasis, price target Rs 980: Kunal Bothra
The analyst suggested a stoploss at Rs 880.
Steel industry seeks duty cut on key raw materials in Budget
The basic customs import duty on anthracite coal is 2.5 per cent. Since ferro alloy industry plays a vital role in steel manufacturing, it is necessary to make available these reductants at international competitive price to make Indian steel mills more competitive, it said while recommending that customs duty on anthracite coal be reduced to zero from 2.5 per cent.
Gold rate today: Here's how bullion may trade during the day
Brokerage SMC Global said bullion counters may witness sideways movement.
India Ratings pegs FY21 GDP at 5.5%, warns of downside risks
Ind-Ra expects GDP to grow at 5.5% year-on-year in FY21, however, the downside risks persist.
Market Movers: Damani boost to Spencer's, RJ cuts stake in Escorts; airline stocks slip
The broader market performed better, as smallcaps ended flat.
TRAI extends deadline for views on floor rates
The Telecom Regulatory Authority of India (Trai) has extended timeline for receiving comments over its consultation paper which seeks views on fixing a floor price for voice and data services on telecom networks. The deadline for filing comments and counter comments has been extended till February 28 and March 13, respectively.
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