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MS downgrades global equities to underweight

MS downgrades global equities to underweight

The US banker is worried about the future earnings potential, worsening global trade and PMI data.

9 July 2019 3:25 AM IST

Trai sticks to stance on pricing of spectrum for 5G, other bands

Trai sticks to stance on pricing of spectrum for 5G, other bands

The telecom regulator has now suggested a lower lock-in period of two years for this band against 5 years prescribed...

8 July 2019 8:14 PM IST

Fearing for their jobs, Air India unions oppose privatisation bid

Fearing for their jobs, Air India unions oppose privatisation bid

The forum of 13 unions have decided to oppose the privatisation move, said a union functionary.

8 July 2019 8:02 PM IST

Inflows to equity schemes jump three-times in June: Amfi data

Inflows to equity schemes jump three-times in June: Amfi data

Net flows into the open-ended growth and equity-oriented schemes rose to Rs 7,663.14 crore in June from Rs 4,608.74...

8 July 2019 7:08 PM IST

Expect quicker transmission of rate cut by banks: RBI Governor

Expect quicker transmission of rate cut by banks: RBI Governor

During this year, RBI reduced the policy rate thrice with an aggregate reduction of 0.75 percentage point in repo rate.

8 July 2019 6:58 PM IST

Will hold consultations on sourcing norms for single brand retailers:...

We would try to make it more simple for retailers to comply with the provisions of sourcing, said Ramesh Abhishek.

8 July 2019 5:23 PM IST

21 Regional Rural Banks amalgamated, says govt

21 Regional Rural Banks amalgamated, says govt

The roadmap proposes to bring down the number of RRBs to 38 from 56, said MoS Finance Anurag Thakur.

8 July 2019 4:59 PM IST

MindTree shares tumble 14.6 pc after chairman, CEO quit

MindTree shares tumble 14.6 pc after chairman, CEO quit

The founders had vehemently opposed L&T bid, terming it hostile and as a grave threat and value destructive to...

8 July 2019 1:07 PM IST

Deutsche Bank shares rise pre-market as 18,000 global job cuts begin

Deutsche Bank shares rise pre-market as 18,000 global job cuts begin

Deutsche had some 4,700 staff at its main regional offices in Sydney, Tokyo, Hong Kong and Singapore, as per its...

8 July 2019 12:40 PM IST

PNB shares drop over 11 per cent after BPSL fraud case

PNB shares drop over 11 per cent after BPSL fraud case

At present, the case is at NCLT which is in advance stage and the Bank expects good recovery in the account.

8 July 2019 12:32 PM IST

India aims to cut stake in state-run firms to minimum in FY20: Source

India aims to cut stake in state-run firms to minimum in FY20: Source

Government seeks to shore up 1.05 trillion rupees (USD 15.30 billion) through stake sales in the current fiscal year.

8 July 2019 12:18 PM IST

Toppr launches initiatives to offer educational support to children of Mumbai Police

Toppr launches initiatives to offer educational support to children of...

Toppr is steadily paving its way to becoming a leading company in the Indian EdTech space.

8 July 2019 12:12 PM IST