In Other News

Public Sector Stocks have not been my cup of tea. They have been, at best, trading opportunities. My stance is that I will look at them only after ownership changes.

Invest talk: Privatisation offers investment opportunity in PSUs

Commercial expediency is overtaken by political goals. The PSU stock prices follow a pattern of optimism and despair.

09 Dec 2019 1:28 AM

When we take a loan, we assume that we’ll keep generating income that will help pay off the debts as planned. But situations such as a loss of job, loss of income, and health problems can throw a spanner in the works.

Money talk: What to do when paying EMIs becomes a struggle

Before you incur debt, especially a large, long-term debt such as a home loan, you need to take two measures to protect your finances.

09 Dec 2019 1:23 AM

The share of third-party insurance in motor premiums is rising. The past three years have seen a steady rise in this share and from this year onwards the growth momentum could spike higher.

Share of third party cover rising in motor premia

The past three years have seen a steady rise in this share and from this year onwards the growth momentum could spike higher.

09 Dec 2019 1:19 AM

The prices of edible oils have started surging as the bio-fuel programmes in Malaysia and Indonesia have increased the consumption of palm oil in those countries, eventually leading to a spike in its price.

After onion, it’s turn of edible oil to give price shock

India, which is a big importer, will also be hit by the price rise.

09 Dec 2019 1:13 AM

The Indian Real Estate sector, one of the most globally recognised sectors in the world, is well complemented by the demand for office spaces as well as urban and semi-urban accommodations.

4 key challenges in Indian real estate segment

The sector is currently in the midst of challenging times owing to a variety of economic factors.

07 Dec 2019 12:05 PM

The RBI has asked the member banks to keep adequate liquidity in their current account with the regulator at all times to facilitate successful posting of NEFT batch settlements. (Photo: ANI)

NEFT transactions to be available 24x7 from Dec 16

RTGS is meant for large-value instantaneous fund transfers, while NEFT is used for fund transfers of up to Rs 2 lakh.

07 Dec 2019 11:26 AM

Believe it or not, an average adult Indian eats more snacks than meals on a given day. (Photo: AP)

India is snacking nation, finds global survey

Hold your breath. The Mondelez study has many more interesting things to offer.

07 Dec 2019 1:53 AM

Consumer confidence in the country continued to weaken in November and dipped to the lowest level since Narendra Modi came to power in 2014.

Consumer confidence dips to 5-year low

The Future Expectations Index that assesses the one-year ahead expectations also fell to 114.5 from 118.0. It has been falling since March 2019.

07 Dec 2019 1:49 AM

But the sorry part is that 93 per cent of the weaver households earn less than Rs 10,000 per month and 67 per cent earn less than Rs 5000.

Most weavers earn less than Rs 10,000

The census claims that there is an improvement in the income levels of the weaver households from the 2007 census.

07 Dec 2019 1:43 AM

Anticipating a ‘bailout option’ from the government to save the company from closure, Vodafone Idea Chairman Kumar Mangalam Birla said on Friday there is no sense that good money should follow bad money. (Photo: File)

Voda Idea to shut down if no relief comes: Kumar Mangalam Birla

Vodafone Idea shares fell over 5 per cent on Friday, spooked by Birla’s comments. The stock slumped 5.34 per cent at Rs 6.92.

07 Dec 2019 1:38 AM

Public sector banks that are merger candidates may be allowed to hold more than 10 per cent stake in two insurance companies after their merger comes into effect provided they give up management control in one of them.

PSBs may get nod to hold over 10 per cent in two insurers

An entity holding over 10 per cent in an insurance company is categorised as a promoter while one holding below that limit is termed as an investor.

07 Dec 2019 1:32 AM

this decision will help in ensuring compliance of FDI policy in the e-commerce sector.

Govt asks e-commerce firms to file FDI compliance report annually

Trader bodies have been raising concern over violation of foreign direct investment (FDI) norms.

06 Dec 2019 4:01 PM

Onion prices have been ruling high for past few weeks due to fall in production of the Kharif crop following unseasonal rainfall in key growing states, including Maharashtra.

Retail onion prices touch Rs 140 per kg mark in some cities

The average modal price of onion in the retail markets was ruling at Rs 110 per kg

06 Dec 2019 12:55 PM

The rating downgrade comes days before the board of the bank is slated to meet on December 10 to finalise the fund raising plans.

Yes Bank stock slumps over 5 pc on ratings downgrade

The lender's shares were trading at 58.75 apiece, down 5.39 per cent on the BSE.

06 Dec 2019 11:04 AM

Brent futures were down 21 cents, or 0.3 per cent, at USD 63.18 by 0258 GMT.

Oil drops as market awaits ratification of OPEC+ supply cut

The group has been withholding 1.2 million bpd and the increased amount represents about 1.7 per cent of global oil output.

06 Dec 2019 9:56 AM

The government hopes that this measure will increase the production of jute goods in India which has been stagnating for the past three years despite all the incentives had supposedly providing the sector.

Soon, govt agencies will procure foodgrains only in jute bags

“The production of jute goods over the last few years by the jute mills has remained consistent,” Minister of Textiles, Smriti Zubin Irani said.

06 Dec 2019 4:26 AM

Insurance regulator’s decision mandating NABH accreditation for Ayush hospitals for getting insurance coverage will exclude more than 95 per cent of the facilities in the country.

NABH rule will deny cover to 95 per cent Ayush hospitals

While NQAS is mainly meant for government institutions, private hospitals require NABH accreditation.

06 Dec 2019 4:23 AM

The yield on the 10-year government bond shot up by 10 basis points (bps).

Banking stocks fall after RBI pause

The bond market reacted as the 10-year government bond yield spiked to 6.82 per cent levels, meaning mark-to-market losses for the banks.

06 Dec 2019 2:25 AM

Besides, the RBI would do away with the requirement of escrow accounts to be operated by a bank promoted trustee for fund transfer.

P2P lending limit raised to Rs 50 lakh

The move aims at not only helping investors to diversify risk but also borrowers to get larger sums of loans.

06 Dec 2019 2:23 AM

The loading/reloading of such PPI can be done only from a bank account and it can be used only for making digital payments such as bill payments, merchant payments, etc.

New pre-paid card/wallet with Rs 10,000 load soon

Such PPIs can be issued on the basis of essential minimum details sourced from the customer.

06 Dec 2019 2:21 AM