Page 1667 - Business Finance
Fiscal Deficit Crosses Full Year Target
The Government of India has received Rs.8,08,010 crore (44.45% of corresponding BE 18-19 of Total Receipts) upto October, 2018 comprising Rs. 6,61,113 crore Tax Revenue (Net to Centre), Rs. 1,27,716 crore of Non-Tax Revenue and Rs.19,181 crore of Non-Debt Capital Receipts.
Sensex surges over 200 pts on US-China trade truce
The benchmark BSE Sensex opened over 200 points higher Monday following euphoria in other Asian stocks after US President Donald Trump and his Chinese counterpart Xi Jinping agreed to a truce and halted their tariff war at the G20 meet. The 30-share index was trading 181.52 points, or 0.50 per cent, higher at 36,375.82 at 0945 hrs. In similar movement, the NSE Nifty was trading 30.80 points, or 0.28 per cent, up at 10,907.55. Investors are eyeing Purchasing Managers' Index (PMI) data for the manufacturing and services sectors, and also awaiting signals from Reserve Bank of India's fifth bimonthly monetary policy meeting for 2018-19 which is scheduled to begin later in the day. Metal, realty and FMCG stocks were the biggest gainers on bourses in early session. Top gainers include Vedanta, Tata Steel, Coal India, HUL, Infosys, HDFC, PowerGrid, IndusInd Bank, ONGC, NTPC, ITC and HDFC Bank, rising up to 3 per cent While, Sun Pharma was the biggest losers in the Sensex pack, falling up to .
Exclusive: Nexstar clinches $4.1 billion deal to acquire Tribune Media - sources
(Reuters) - Nexstar Media Group Inc has reached an agreement to acquire Tribune Media Co for about $4.1 billion, a deal which would make it the largest local U.S. TV station operator, people familiar with the matter said on Sunday.
Sensex opens 200 points up
The S&P BSE Sensex opened 200 points higher on Monday, in line with global markets on signs of easing US-China trade tension.
Calibehr Introduces Automate: A Technology Platform for Sales, Fulfilment Operations & Field Force Management
/ -- In this fast evolving world, businesses challenge demographics on continual basis. In order to capture markets across various geographies, various businesses deploy teams closer to customers and place of business for Sales & Fulfilment Operations. Managing the deployed field force in an engaged manner is an uphill task and is the need of the hour. A lot of resources are utilized in monitoring the field force productivity as well as collecting critical information for management reporting on daily basis. With the aid of technological prowess these business operations could be made lean and highly efficient. (Logo: https://mma.prnewswire.com/media/713010/Calibehr_Logo.jpg ) With experience of serving more than 75 clients across 13 industries for over a decade, Calibehr introduces Automate, our flagship Technology Product for Field Force Operation Management. Automate is an AI based on-field and in-store operation management product. It is a comprehensive solution (web & ..
Bajaj Auto achieves 25% growth in Nov sales
Sell 4.06 lakh units
Sun Pharmaceuticals Industries Ltd Slides 9.61%, S&P BSE Healthcare index Drops 1.78%
Sun Pharmaceuticals Industries Ltd has lost 22.12% over last one month compared to 3.33% fall in S&P BSE Healthcare index and 3.75% rise in the SENSEX
Hindalco Industries Ltd Spurts 4.72%, S&P BSE Metal index Gains 2.97%
Hindalco Industries Ltd has lost 1.77% over last one month compared to 6.8% fall in S&P BSE Metal index and 3.91% rise in the SENSEX
Market opens on a firm note
Domestic stocks opened on a firm note as Asian stocks and US index futures jumped following a cease-fire on tariffs between Beijing and Washington over the weekend. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 183.47 points or 0.51% at 36,377.77. The Nifty 50 index was up 46.15 points or 0.42% at 10,922.90.
Rupee falls 50 paise to 70.08 against US dollar in early trade
The rupee depreciated by 50 paise to 70.08 against the US dollar in early trade Monday at the interbank foreign exchange amid strengthening of the US dollar against some currencies overseas. Forex traders said besides increased demand of the US currency from importers, the dollar's strength against some currencies overseas weighed on the rupee but a higher opening of the domestic equity markets, capped the losses. The rupee opened lower at 69.87 against the dollar then dropped further to quote at 70.08, down 50 paise over its previous close. The rupee had strengthened by 27 paise to close at a four-month high of 69.58 against the US currency Friday. The benchmark BSE Sensex opened over 250 points higher Monday on positive global cues after US President Donald Trump and his Chinese counterpart Xi Jinping ended the trade war and agreed to a truce. The 30-share index was trading 132.25 points, or 0.37 per cent, higher at 36,326.55. In similar movement, the NSE Nifty was trading 30.80 ...
China November factory activity up a touch but client demand ebbs
BEIJING (Reuters) - China's factory activity grew slightly in November, a private survey showed, though new export orders extended their decline in a further blow to the sector already hurt by the Sino-U.S. trade frictions.
China Nov factory activity up a touch but client demand ebbs
BEIJING (Reuters) - China's factory activity grew slightly in November, a private survey showed, though new export orders extended their decline in a further blow to the sector already hurt by the Sino-U.S. trade frictions.
Wall Street Weekahead: Trump-Xi trade armistice clears way for more market gains
NEW YORK (Reuters) - One of the darkest clouds hanging over Wall Street somewhat dissipated on the weekend when China and the United States agreed to shelve any new tariffs and reset discussions, at least temporarily halting an increase in their tensions over trade.
Corrected: China Nov factory activity up a touch but client demand ebbs
BEIJING (Reuters) - China's factory activity grew slightly in November, a private survey showed, though new export orders extended their decline in a further blow to the sector already hurt by the Sino-U.S. trade frictions.
Argentina and China sign deals strengthening ties after G-20
China's president signed new trade deals with Argentina on Sunday as the Asian giant expands its growing role in Latin American economies. Presidents Mauricio Macri of Argentina and Xi Jinping of China announced the more than 30 agriculture and investment deals during a state visit following the Group of 20 summit in Buenos Aires. The deals include an agreement to export Argentine cherries to China and an expansion of a currency swap. China is among Argentina's top export markets, especially for agricultural commodities that are the engine of its economy. It is also one of Argentina's biggest lenders, financing about USD 18.2 billion in infrastructure and other projects, according to the Inter-American Dialogue, a Washington-based think tank. "China's development benefits Argentina, our region and the world," Macri said during a ceremony at the presidential residence in the outskirts of the Argentine capital. "We have complementary countries. There are few countries in the world that .
Targeted online video to be advertising industry's star performer: Zenith
(Reuters) - Rapid growth in targeted online video advertising is expected to outshine the rest of the global advertising market over the next few years, industry forecaster Zenith said in a report published on Monday.
Oil prices surge after U.S., China suspend trade hostilities
SINGAPORE (Reuters) - Oil prices surged on Monday after the United States and China agreed to a 90-day truce in their trade war, and ahead of a meeting this week by producer club OPEC that is expected to result in a supply cut.
Asia stocks in relief rally after China-US deal
Hong Kong and Shanghai led a surge across Asian markets Monday after the United States agreed to suspend imposing tariffs on China for three months, while oil prices soared on expectations of a big production cut. In a much-anticipated meeting between Donald Trump and Xi Jinping at the weekend, the heads of the world's two biggest economies hammered out a deal that will see them hold off on their tit-for-tat tariffs row, which has roiled global equities for most of the year. The US will hold off raising levies on Chinese goods on January 1 while China promised to buy more from the US and enter a 90-day period of talks to bring an end to the dispute. If the negotiations, fail tariffs will jump from 10 per cent now to 25 per cent. Trump hailed the meeting -- held on the sidelines of the G20 in Buenos Aires -- as "amazing and productive... with unlimited possibilities for both the United States and China". The news lit a fuse under Asian markets, with Hong Kong and Shanghai each rallying
Auto stocks will be in spotlight after November sales data
Maruti Suzuki India said its sales fell 0.7% to 153,539 units in November 2018 over November 2017. The announcement was made on Saturday, 1 December 2018.
A firm opening on the cards
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could advance 58 points at the opening bell.