Follow Us

Latest News
Thinking beyond the non-performing assets
19 July,2018

The Financial Stability Report published recently by the Reserve Bank of India (RBI) has indicated that the non-performing assets (NPA) problem in Indian banking is not over and, in fact, may be getting worse. This clearly is the worst crisis facing Indian banking since liberalization in 1991.

 
Read More.
 
Will the MSP increase for kharif crops reduce India’s agrarian distress?
19 July,2018

The much-awaited announcement on minimum support prices (MSPs) for kharif crops has increased the MSP for paddy by ?200 from ?1,550 to ?1,750, a 13% increase. The MSP increase for other crops varies between 3.7% for moong to 45% for nigerseed. But it is paddy where it will matter the most. For most other crops, MSP announcements have little value unless the government also proactively enters the market and procures the produce.

 
Read More.
 
Is govt serious about protecting honest bankers?
19 July,2018

Earlier this month, Arun Jaitley received much acclaim for defending bankers against what they see is a witch hunt. Lending decisions taken in good faith, say the bankers, are being investigated with the benefit of twenty-twenty hindsight. As a consequence, they say they are scared to lend, with dire consequences for the economy.

 
Read More.
 
Entire global income is taxed in India for resident Indian status
19 July,2018

Entire global income is taxed in India for resident Indian status

 
Read More.
 
NCLT rejects RCom’s plea for stay on insolvency order
18 May,2018

NCLT rejects RCom’s plea for stay on insolvency order. The National Company Law Tribunal (NCLT) on Thursday declined to admit a plea by Reliance Communications Ltd to keep the court’s insolvency order in abeyance as it is in talks with operational creditor Sweden’s Ericsson to settle the dispute.

 
Read More.
 
Flipkart deal may negatively impact EPS by $0.25-0.30: Walmart
18 May,2018

Flipkart deal may negatively impact EPS by $0.25-0.30: Walmart. World’s largest retailer Walmart said on Thursday its $16 billion investment in Flipkart may negatively impact its earnings per share (EPS) by $0.25-0.30 in fiscal year 2019, even though it remains “excited about what the future holds” in the fast growing Indian e-commerce space.

 
Read More.
 
Rs4 per litre hike in petrol, diesel prices in the offing: Brokerage firms
18 May,2018

Rs4 per litre hike in petrol, diesel prices in the offing: Brokerage firms. A Rs4 per litre hike in petrol and diesel prices is in the offing if state-owned fuel retailers are to return to pre-Karnataka election margin levels, brokerage firms have said.

 
Read More.
 
Tata Steel said to seek loan for Bhushan Steel asset purchase
18 May,2018

Steel said to seek loan for Bhushan Steel asset purchase:- Tata Steel Ltd. is preparing a Rs11,500 crore ($1.7 billion) loan to help fund its purchase of assets from Bhushan Steel Ltd., people familiar with the matter said.

 
Read More.
 
Mutual Funds increase exposure to IT stocks
01 May,2018

After slumping to the lowest level in a decade last November, allocation to IT (information technology) stocks by mutual funds (MFs) is gaining momentum. Fund houses have increased their allocation to shares of IT companies by 2.1% on an overall basis in the last three months.

 
Read More.
 
Kathua crime a ‘minor issue', says new J&K deputy CM
01 May,2018

More than two weeks after Prime Minister Narendra Modi slammed the rape and murder of the eight-year-old girl in Kathua resulting in the axing of two BJP ministers in the Jammu and Kashmir government...

 
Read More.
 
Wonder boy pledges to rid city of plastic straws
01 May,2018

While most 13 year olds in the capital are trying their hands at different sports and extra-curricular activities, Aditya Mukarji, a Class IX student from Gurugram, has different plans — to get rid of plastic straws in NCR.

 
Read More.
 
India, Pakistan revive Track II diplomacy
01 May,2018

The NDA government is loath to any official engagement with Pakistan but, in a sign of some forward movement, it seems to have agreed to reviving the Track II diplomacy process with its western neighbor.

 
Read More.
 
Govt goes back to plans for restructuring of IDBI Bank
16 April,2018

Govt goes back to plans for restructuring of IDBI Bank. The finance ministry has reopened the case for restructuring of IDBI Bank, including a possible sale of government stake to private players, as it seeks to stop a further burden...

 
Read More.
 
World Bank arm IFC may underwrite AI debt for buyer
16 April,2018

World Bank arm IFC may underwrite AI debt for buyer. It has been in talks with people close to the transaction and may underwrite the entire debt for the successful bidder. The government has allocated a Rs 33,392-crore...

 
Read More.
 
Rating agencies focus on ICICI’s continuity plans, fear abrupt exit by CEO may hit bank’s ops
16 April,2018

Rating agencies focus on ICICI’s continuity plans, fear abrupt exit by CEO may hit bank’s ops. Rating agencies are trying to find out what continuity plans ICICI Bank has in place if the MD & CEO, Chanda Kochhar...

 
Read More.
 
Forty Seven Bank Sets Its Sights On Unseating Dated Financial Paradigms
03 April,2018

Forty Seven Bank Sets Its Sights On Unseating Dated Financial Paradigms

 
Read More.
 
Oil falls to $69 as earlier rally fizzles
03 April,2018

SINGAPORE/BEIJING (Reuters) - Oil prices rose on Monday, lifted by a drop in U.S. drilling activity as well as by expectations that the United States could re-introduce sanctions against Iran.

 
Read More.
 
Elections, trade war fears to weigh on BSE Sensex, Nifty in FY19
03 April,2018

Mumbai: Indian stocks are expected to face major headwinds in FY19 that started Sunday and will remain volatile till Lok Sabha elections are held in May 2019, experts say.

 
Read More.
 
German finance ministry sees hefty interest rate rises: Spiegel
03 April,2018

BERLIN (Reuters) - Germany's finance ministry expects interest rates to rise in coming years, causing new Minster Olaf Scholz to take steps to cushion additional costs to meet budget goals, Der Spiegel weekly reported on Saturday.

 
Read More.
 
More than ‘growth vs inflation’ investment is the key
23 February,2018

...

 
Read More.
 
More than ‘growth vs inflation’ investment is the key
23 February,2018

...

 
Read More.
 
Govt to take steps to promote agriculture commodity exports: Arun Jaitley
23 February,2018

....

 
Read More.
 
Agricultural groups turn to co-ops after tax threat
23 February,2018

....

 
Read More.
 
Cashew exporters facing rough weather
23 February,2018

...

 
Read More.
 
Gold prices inch up on weaker dollar
23 February,2018

...

 
Read More.
 
Oil extends gains, but upside limited as dollar edges up
23 February,2018

....

 
Read More.
 
Iranian president at Mecca Masjid: Ready to share oil with India
23 February,2018

Iranian president at Mecca Masjid: Ready to share oil with India

 
Read More.
 
Iranian president at Mecca Masjid: Ready to share oil with India
23 February,2018

Iranian president at Mecca Masjid: Ready to share oil with India

 
Read More.
 
Indian firms seek stake in Iranian oil field, says Oil Minister
23 February,2018

Indian firms seek stake in Iranian oil field, says Oil Minister

 
Read More.
 
Fed keeps U.S. rates steady, to start portfolio drawdown in October
21 September,2017

The U.S. Federal Reserve left interest rates unchanged on Wednesday but signaled it still expects one more increase by the end of the year despite a recent bout of low inflation.

 
Read More.
 
OECD cuts India's FY18 growth outlook
21 September,2017

The Organisation for Economic Co-operation and Development has trimmed India’s growth forecast for the current financial year, citing the temporary impact of the rollout of the goods and services tax and demonetisation, expecting the economy to expand at a slower pace than China.

 
Read More.
 
UK factory orders grow at weakest rate since April: CBI
21 September,2017

British factory orders grew in September at their weakest rate since April, and output growth over the past three months has also slowed, a monthly survey from the Confederation of British Industry showed on Friday.

 
Read More.
 
WTO says global trade rebounds strongly, sees 3.6% growth in 2017
21 September,2017

Buoyed by a revival import demand in Asia and North America, world trade is expected to grow 3.6% in 2017 well above last year’s lacklustre growth of 1.3%.

 
Read More.
 
FM Arun Jaitley says no need to panic, stresses on maintaining balance between spending and being prudent
21 September,2017

Looking at ways to boost economy amid a slowdown, Finance Minister Arun Jaitley on Friday said that encouraging private investment and improving capacity of banking system to support growth are the two major challenges for which best solutions have to be found.

 
Read More.
 
Bank credit grows at 6.02%, deposits at 11.19%
03 July,2017

Banks' credit growth grew at 6.02 per cent to Rs 76,58,212 crore in the fortnight ended June 9 from Rs 72,22,939 crore in the same period of fiscal 2016, according to the data released by RBI.

 
Read More.
 
No change in GST rollout date: Centre
03 July,2017

The Centre on Tuesday sought to end all speculation about a possible deferment of the rollout of the Goods and Services Tax (GST) from July 1, despite industry players, tax experts, and even some State governments asking for a later rollout date.

 
Read More.
 
Qatar rift risks raising cost for Gulf debt issuers and slowing Saudi reforms
03 July,2017

Qatar's rift with its Arab neighbors is threatening to puncture investor appetite for the Gulf region as a whole, translating into potentially higher debt costs for governments and possibly slowing the pace of Saudi Arabia's economic reforms.

 
Read More.
 
Oil-linked currencies pressured by lower oil prices, sterling slips
03 July,2017

Commodity-linked currencies such as the Canadian dollar and the Norwegian crown were on the back foot on Wednesday, dragged lower by declining oil prices, while sterling wallowed near two-month lows.

 
Read More.
 
India’s economy is set to grow by a robust 7.4% in the current fiscal,
17 May,2017

India’s economy is set to grow by a robust 7.4% in the current fiscal, backed by the agriculture sector which is estimated to clock 3.5% growth and improvement in the performance of the industry and services sector, according to a report.

 
Read More.
 
India’s trade deficit swelled to a 29-month high in April as imports led by gold grew sharper than exports.
17 May,2017

India’s trade deficit swelled to a 29-month high in April as imports led by gold grew sharper than exports.

 
Read More.
 
The global oil market is rebalancing and the pace at which supply and
17 May,2017

The global oil market is rebalancing and the pace at which supply and demand are falling into line is picking up, even if inventories still fail to reflect the impact of OPEC supply cuts, the International Energy Agency said on Tuesday.

 
Read More.
 
The euro zone's economy grew in line with preliminary estimates in the first three months of the year, underlining optimism over
17 May,2017

The euro zone's economy grew in line with preliminary estimates in the first three months of the year, underlining optimism over the health of the region's economy, data showed on Tuesday.

 
Read More.
 
Crude prices settle below $50 a barrel to end week down nearly 7%
27 April,2017

Crude settled lower on Friday, as investors grew concerned that growing levels of U.S. oil production would offset OPEC’s efforts to rein in supply.

 
Read More.
 
Gold futures edge higher; French presidential election eyed
27 April,2017

Gold prices inched higher on Friday, as investors braced for the outcome of the French presidential election but expectations that President Trump’s tax reform plan will be implemented sooner rather than later weighed on upside momentum.

 
Read More.
 
India’s solar power prices may be set to fall below those of thermal (coal) energy.
27 April,2017

India’s solar power prices may be set to fall below those of thermal (coal) energy.

 
Read More.
 
India is pegged to be the fastest growing economy in the world
27 April,2017

India is pegged to be the fastest growing economy in the world in 2017-18 and will be a key driver for global growth, according to the International Monetary Fund (IMF).

 
Read More.
 
Crude prices drifted weaker in Asia
16 March,2017

Crude prices drifted weaker in Asia on Thursday with market players looking again at weekly U.S. data on rig counts at the end of the week and more details on a coordinated effort by key major producers to curb output.

 
Read More.
 
Adverse impact of demonetisation , lower than anticipated
16 March,2017

A day after government data showed that the adverse impact of demonetisation on the economy was much lower than anticipated, two separate data releases on Wednesday indicated that companies and consumers are getting over any persisting cashcrunch concerns.

 
Read More.
 
Economic Cooperation and Development (OECD)
16 March,2017

The Organisation for Economic Cooperation and Development (OECD) on Tuesday cut its growth projection for India in 2016-17 to 7% from the 7.4% it had projected last year.

 
Read More.
 
Inflation to be below 5% in FY17
15 February,2017

Inflation to be below 5% in FY17, trend to continue: Economic Survey.

 
Read More.
 
“Credit positive” for India’s sovereign ratings
15 February,2017

Finance minister Arun Jaitley’s fourth budget has emphasized fiscal prudence while pushing for higher public investment—a “credit positive” for India’s sovereign ratings, Moody’s Investors Service said on Friday.

 
Read More.
 
     
Privacy Policy         © Hemera 2019. All rights reserved