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IMF Lowers India's GDP Growth Projection to 7.3%
In its World Economic Outlook update in the month of July, the International Monetary Fund (IMF) has projected a 7.3 percent growth for 2018 and 7.5 percent growth for 2019 for India from 6.7 percent in 2017. Although it is still

Bluechip Stocks That Are Available At Half Their 52-Week Highs
Markets are trading at near peak levels, but, there are many stocks that are now trading at half their 52-week highs. Take a look. Can Fin Homes Can Fin Homes shares, the housing finance company from the Canara Bank stable

HUL Reports Double-Digit Net Profit Growth for Q1
Hindustan Unilever Limited's (HUL) net profit rose by 19.2 percent for the April-June 2018 quarter to Rs 1,529 crore from the year-ago period, according to its exchange filing. For the same period in 2017, it reported a net profit of Rs

Over 175 Stocks Hit 52-Week Lows in Monday's Trade Session on NSE
Indian equity benchmarks began the week on a dismal and though the benchmark indices have scaled a new peak last week, the broader markets are in shambles.  On Monday over 175 stocks hit their 52-week lows on NSE (National Stock Exchange).

IPO Alert: At Least 7 More IPOs Worth Rs 14,000 Crore to Hit Indian Markets
Initial Public Offerings (IPO) of at least seven companies including Lodha Developers and HDFC Mutual Fund are expected to hit the Indian capital market in the coming week to raise over Rs 14,000 crore. The first one among the lot would

Petrol and Diesel Price Cut After 10 Days on Restoration of Global Oil Supply
Fuel prices in metro cities across Indian metro cities were lowered on Monday for the first time in ten days by around 11 paise. Prices remained unchanged on Sunday. Petrol price per litre fell by an average of 11 paise

Aadhaar Cannot Be Hacked Even In 100 Crore Trials Says Ravi Shankar Prasad
Ascertaining aadhaar data safety, Ravi Shankar Prasad on Sunday said, aadhaar's biometric data is made safe to the extent that it cannot be hacked even in 100 croree trials. In an agency report, the minister has been cited as saying,

IDBI Bank Shares Surge on Buyout Approval by LIC Board
The proposal to acquire a majority stake of 51 percent in IDBI Bank has been approved by the LIC board in its meeting on Monday. The Department of Economic Affairs Secretary Subhash Chandra told reporters in New Delhi that the

June WPI Inflation Hits 54-Month High Of 5.77%
The wholesale price inflation index indicated by WPI has hit a peak of 4-year high in the June month to 5.77% with a substantial hike in comparison to a WPI figure of 4.43% reported for the month of May.

Working on Replacing LPG Subsidy: Niti Aayog VC
The Indian government's think tank Niti Aayog is working on a proposal to replace the LPG subsidy with a cooking subsidy in order to extend the benefits to people using piped natural gas and biofuels for cooking purposes said a top

4 Stocks That Are Gaining Or Losing On News
Markets are trading marginally lower in trade today, after witnessing a sharp run last week. Here are 4 stocks that are reacting to news. P C Jeweller The shares of PC Jeweller have slumped a staggering 20 per cent in

By 2030 India is Expected to be a 10 Trillion Economy: Garg
Economic Affairs Secretary Subhash Chandra Garg said today that the Indian economy is on a stage of "take off" could be the world's third largest by 2030 with a GDP (gross domestic product) worth $10 trillion. "Good days are ahead

Petrol Price Hiked; SC Asks Centre If Diesel Rate Can Match Petrol for 4 Wheeler
For the third straight day, the petrol price was hiked in the country by 19 to 20 paise per litre. Rates per litre were revised to Rs 76.95 in Delhi, Rs 79.61 in Kolkata, Rs 84.33 in Mumbai and Rs 79.87

Sebi Proposes Tough Rules For Valuers And Auditors
The market watchdog SEBI has proposed stringent rules in relation to laws governing auditors and other individuals appointed to oversee auditing functions at various listed entities. The Kotak committee convened to improve the Corporate governance sphere in 2017 said

HDFC Mutual Fund IPO To Hit Market On July 25
Sebi has given the go-ahead to the HDFC Mutual fund's IPO which will hit the primary market on July 25. The timing for the IPO is being considered as favourable, nonetheless the valuation of the IPO is likely to be lower


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