Default is default across rating agencies

No ambiguity any more in key definitions and interpretations
Read Full Article On
Majority of oils traded low on slack physical demand and weak global cues with soy refined declining to ?613-15, while soy solvent ruled at ?585-90. Palm oil quoted at ?605-7, while cotton oil ruled
The price of the turmeric remains almost stable on Thursday.At the Erode Turmeric Merchants Association Sales yard, the finger turmeric sold at ?5,519 to 7,309 a quintal, the root variety sold at ?5,
Spot rubber lost marginally on Thursday. RSS 4 slid to ?140 (140.50) a kg according to traders and the Rubber Board. The grade dropped to Rs. ?137 (137.50) as reported by the dealers. May futures ...
One among the three most auspicious days in the Hindu calendar, Akshaya Tritiya, traditionally witnesses a ‘gold rush’. But experts expect only a marginal 5-10 per cent growth in sales this year, ...
At a time when the stock markets seem overvalued but investors continue to pour in their money, Nimesh Shah, MD & CEO, ICICI Prudential AMC — the country’s largest fund house with assets of over
Karvy Computershare, a Central Record Keeping Agency (CRA) for National Pension System (NPS), will focus on retail and corporate subscribers to expand its subscriber base. “There is huge scope of ex.
A host of firms including Aditya Birla Money, Brigade Enterprises, CEAT, Cholamandalam Investment, Coromandel International, DIC India, Deepak Nitrite, Federal Bank, IDFC, Kesoram Industries, Kitex .
The much-anticipated Bahubali 2 will be released on Friday, April 28. Thanks to the strong buzz around the movie as a result of the epic ending of the first part, shares of UFO Moviez, one of larges.
Shares of sixteen companies will enter the futures & options segment on Friday. The shares are Balkrishna Industries, Bajaj Finserv, Balrampur Chini Mills, Berger Paints, CanFin Homes, Cholamanda
I spoke with Ollie co-founders Gabby Slome and Alex Douzet about the vision behind their business, disrupting the dog food industry, and their plans for transforming the way owners approach raising he
Some of the world's most prominent hedge funds are spotting value in name brand private equity firms as sovereign and pension money pours into the buyout industry.
Royal London Asset Management said that despite the company’s ‘impressive’ performance, they did not agree with firm’s ‘excessive’ long-term incentive plan.
There are not many things that can be bought for a rupee, a candy may be. But, what if you could buy some gold with that rupee? Alibaba-backed online marketplace company Paytm, in tieup with MMTC's Sw
Closed-end fund investors regularly go crazy. Their bouts with investment insanity often present us contrarian income hunters with 8%+ yields. And big price upside to boot.
The Lead futures contract on the Multi Commodity Exchange (MCX) has managed to bounce slightly higher in the past week. The contract made a low of ?137 a kg last Friday and has reversed higher from t
The Bureau of Indian Standards (BIS) has moved a step closer to mandatory selling of hallmarked jewellery. Two weeks earlier, it issued draft rules which propose compulsory registration for jewellers
Shares of Kotak Mahindra Bank today moved up by nearly 2 per cent after the company’s standalone net profit jumped 40.3 per cent during the last quarter ended March 31, 2017. The stock rose 1.58 pe..
BSE’s international exchange — India INX — will begin single stock futures and options trading in 10 companies, including Reliance Industries, Infosys and TCS from tomorrow. The other stocks are Ta..
The rupee was trading weak at 64.14 on fresh demand for the greenback from banks and importers despite its weakness in the overseas market. The rupee resumed higher at 64.03 per dollar against yes...
Benchmark indices ended lower after hitting record highs in the previous session due to profit-booking in recent outperformers amid weak global cues. Squaring-up of positions by participants — tod...
During April series, the Nifty rallied 1.8 percent while Midcap index surged 5.2 percent, backed by more than Rs 7,000 crore worth of buying by domestic institutional investors when FIIs were net se
The dollar only held its gains against the Japanese yen on Thursday after US President Donald Trump's tax plan offered no surprises, slowing the greenback's rally. The market also awaited the Euro...
After posting losses for three straight days, gold rebounded Rs 100 to Rs 29,450 per 10 grams at the bullion market today due to firm global cues and pick-up in buying by local jewellers. However, ..
NSE has introduced a new online facility for the bidding of units of infrastructure investment trusts (InvITs) ahead of next month’s IPO by first such trust. In order to familiarise with the new f...
The Sensex and Nifty were trading flat in view of April derivatives expiry. Besides, weak Asian cues weighed on the domestic sentiment. Investors are looking forward to US President Donald Trump’s...
Gold prices edged down on Thursday as global risk sentiment ebbed, but scepticism over US President Donald Trump's tax reform plan curbed further losses. Spot gold was down 0.3 per cent at $1,264....
The initial public offering of textbook publisher S Chand and Company was oversubscribed 1.43 times till afternoon on the second day of the offer today. The IPO received bids for 1,09,64,624 shares..
Lloyds Banking Group said its first quarter pre-tax profits were £1.3 billion, up from £654 million last year, as it continued to perform well despite Brexit uncertainty.
Stock markets came off their peak and turned weak today after three back-to-back sessions of gains as the benchmark Sensex slipped in view of April derivatives expiry. Besides, weak Asian cues wei...
Silver prices were up by Rs 162 to Rs 40,020 per kg at the futures trade today as speculators indulged in creating fresh positions, even as the metal weakened overseas. At the Multi Commodity Excha..
Gold prices rose 0.27 per cent to Rs 28,796 per 10 gram at the futures trade as participants created fresh positions, tracking a firm trend overseas. At the Multi Commodity Exchange, gold for deliv..
The rupee washed out initial gains to quote a tad weak at 64.12 against the dollar in the pre-noon trade on fresh demand for the greenback from banks and importers despite its weakness in overseas ma
Stock markets came off their peak and turned weak today after three back-to-back sessions of gains as the benchmark Sensex slipped in view of April derivatives expiry. Besides, weak Asian cues wei...
Shares of Supreme Petrochem hit record high on higher profit and dividend proposal. The stock jumped as much as 9.1 per cent to a record high. March-quarter profit rose nearly 29 per cent to Rs ...

Recent News

Here’s how to watch tonight’s NFL Draft

Months of scouting and analysis is done, 32 teams are ready and many young football players’ dreams will come true today. The NFL Draft is finally here.
Read Full Story

Birthday rhythms at Ammos Beach Bar

The Ammos Beach Bar in Larnaca has a date on May 1 with the soulful house DJ, producer and remixer Dennis Ferrer. Ferrer is no stranger to our shores, as his appearances at Ammos have become somewhat
Read Full Story

Iranian, Russian, Syrian defense ministers meet in Moscow

Moscow, April 27, IRNA – Second rounds of trilateral meetings between Iranian, Russian and Syrian defense ministers was held in Moscow on the sidelines of the 6th Conference on International Security
Read Full Story

President urges Pakistan to act quickly against terrorists in its soil

Tehran, April 27, IRNA – President Hassan Rouhani on Thursday urged the government of Pakistan to be accountable and take swift action for Identifying and confronting terrorist and Takfiri elements i
Read Full Story

Britain loses case to delay submission of air pollution plan

LONDON (Reuters) - The British government has failed in a legal bid to delay the publication of its plan to tackle air pollution until after the general election on June 8.
Read Full Story

Ruling party candidate wants economy to serve well-being

Luanda - The Angolans must be able to place the economy on track, put it at the service of development and well-being of all citizens. ,   This was said Thursday in Luanda by the ruling MPLA p
Read Full Story

Popular Finance


How These 12 People Make Extra Cash In A Gig Economy

Fully 29% of people have a side gig, according to a recent CareerBuilder survey. But what exactly are people doing? Here are 12 examples of side jobs that are earning people some real cash.
Read Full Story

Niti pegs GDP to grow 8%; bats for agri, tax reforms

Niti Aayog has exuded confidence that India will get back to over 8 percent growth as it proposed a host of reforms, including reduction in corporate tax to 25 percent and uniform import duty at 7 p
Read Full Story

Risk management: RBI asks banks to frame policy on CRO

The Reserve Bank has asked banks to lay down a policy defining responsibilities and fixed tenure of the chief risk officer as it seeks to bring uniformity in risk management system of lenders.
Read Full Story

OECD suggests state pension should be scrapped for rich

Axing the state pension for the richest 5-10 per cent was mooted by an OECD official, who told the FT: 'Giving less to the people at the top would free up resources to increase general benefits.'
Read Full Story

Trump Says He Will Renegotiate Nafta or Terminate It

The president said on Twitter that he thought a deal was “very possible,” only hours after his aides indicated he would move to end the trade agreement.
Read Full Story

Malanje: Trade minister wants information sharing among economic agents

Malanje - The Minister of Trade, Fiel Constantino, on Thursday expressed the need for the country's economic agents to share information and exchange experiences on the ongoing reforms in the country.
Read Full Story

Common Sense: Economists Fear Trump’s Tax Plan Only Heightens a ‘Mountain of Debt’

A president who campaigned as a fiscal scold offers a tax overhaul that many experts say would mean trillions in lost revenue, and new borrowing, in the next decade.
Read Full Story

What#39;s ailing rural India: Ground report from Thiruvarur Tamil Nadu

Farmers from Tamil Nadu called off the 40-day strike in New Delhi that was part of their efforts to get central government help in surviving the drought. However several opposition parties in the st
Read Full Story

State pension should be scrapped for rich, suggests OECD

Axing the state pension for the richest 5-10 per cent was mooted by an OECD official, who told the FT: 'Giving less to the people at the top would free up resources to increase general benefits.'
Read Full Story