On July 29, 2014 10:29 (IST)
If interest rate in the US rises, then the Reserve Bank will find it difficult to cut rates because the rate differential between the two countries will reduce, which may result in some money flowing out of India's bond and equity markets.
On July 28, 2014 13:57 (IST)
The bank had fixed July 30 as the record date for the stock split. Investors who hold the stocks in their demat account as on July 30, will be entitled to get 5 stocks of Rs 2 face value for each stock of Rs 10.
On July 23, 2014 09:16 (IST)
The Nifty opened above 7,800 marks on Wednesday as indicated by futures trade on Singapore Stock Exchange. Both foreign and domestic investors remained net buyers of Indian equities on Tuesday. FIIs bought shares worth Rs 412 crore and domestic inves...
On July 22, 2014 16:48 (IST)
Axis Bank's net profit was partially boosted by lower provisions. Its provisions for bad loans reduced drastically to Rs 386.6 crore in April-June quarter against Rs 712.25 crore in the same quarter last fiscal.
On July 22, 2014 09:03 (IST)
Axis Bank's profitability as measured by net interest margin is seen at 3.6 per cent against 3.7 per cent last quarter and its gross non-performing assets is estimated at 1.3 per cent of its total assets against 1.2 per cent quarter-on-quarter.
On July 22, 2014 09:16 (IST)
The Nifty opened higher on Tuesday as indicated by futures trade on Singapore Stock Exchange. Foreign Institutional remained net buyers of Indian equities to the tune of Rs 161 crore whereas domestic investors sold shares worth Rs 181 crore on Monday...
On July 16, 2014 16:59 (IST)
The BSE Sensex rose over 1 per cent on Wednesday, gaining for the second consecutive session, as lenders and infrastructure-related companies such as IDFC Ltd surged after the Reserve Bank of India (RBI) exempted long-term bonds raised for the sector...
On July 16, 2014 18:15 (IST)
Bonds raised by banks would be exempt from the statutory liquidity ratio, cash reserve requirements and priority sector lending targets. This will help create new sources of long-term finance and will help remove the disadvantage banks had vis-a-vis ...
On July 15, 2014 17:00 (IST)
Oil and Natural Gas Corp rose 2.5 per cent on continued hopes that the government would sell a stake in the state oil firm.
On June 30, 2014 15:24 (IST)
BSE Sensex and Nifty were higher on Monday buoyed by positive Asian markets and an easing of oil prices. A higher rupee also aided the sentiment. The rupee rose to 60 against the dollar vs it Friday close of 60.09.