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Showing posts from June, 2018

Trade Setup for Monday: Top 15 things to know before Opening Bell

Formation of bullish engulfing pattern signifies that bulls have taken control over D-Street from bears. from Moneycontrol Latest News https://ift.tt/2K7zAw2

Supreme Court notifies new roster, two days days after Justice Chelameswar#39;s retirement

The roster was put in the public domain for the first time on February 1 after justices J Chelameswar, Gogoi, MB Lokur and Kurian Joseph had held an unprecedented press conference on January 12 questioning the allocation of sensitive PILs and important cases to judges junior to them. from Moneycontrol Latest News https://ift.tt/2K9yccE

Modi govt doing better job than UPA: DICCI

Kamble praised the Mudra scheme and termed it as an important and successful programme from the point of view of financial inclusion. "Through the Mudra scheme, nearly 2.75 crore youngsters in the country belonging to SC/ST have benefitted". from Moneycontrol Latest News https://ift.tt/2Kh5kLm

China#39;s central bank to cut reserve requirements

The move to cut the amount of cash banks must hold in reserve will free up a combined 700 billion yuan (USD 108 billion) in funding at commercial banks and the largest state-owned banks, the People#39;s Bank of China said in a statement. from Moneycontrol Latest News https://ift.tt/2KhjZJO

Piyush Goyal credits Arun Jaitley for NPA clean-up; says banks poised for growth now

"Our banking system is now poised for very good times ahead," he told reporters on the eve of Asian Infrastructure Investment Bank (AIIB)#39;s maiden annual summit being held here, when asked about the two meetings he had with bankers on dud loans resolution. from Moneycontrol Latest News https://ift.tt/2KkT0tm

Fake news proving deadly in India: Report

The British public broadcaster is set to highlight the issue in a report to be aired on BBC World News on Tuesday centred around the death of Kaluram Bachanram, who was beaten to death by a mob in Bangalore after WhastApp rumours convinced people that he was a child kidnapper. from Moneycontrol Latest News https://ift.tt/2KdNqcm

South Delhi re-development: NGO moves NGT challenging felling of 16,500 trees

It has claimed that planting of saplings at another location as compensatory afforestation would not reduce the burden put on the environment due to large-scale felling of trees. from Moneycontrol Latest News https://ift.tt/2K9y9xu

E-commerce firms cash in on FIFA frenzy in India

Sale of team jerseys, as well as that of footballs and other gear, have seen strong growth on various e-commerce platforms in India over the last two weeks with Argentina, Germany and Brazil emerging as the top favourites. from Moneycontrol Latest News https://ift.tt/2IoDlYd

Singapore says Trump-Kim summit cost just $12 million, after some question expenses

Prime Minister Lee Hsien Loong had earlier estimated the event cost Singapore S$20 million. Foreign minister Vivian Balakrishnan had said that included the cost of Kim#39;s hotel room. from Moneycontrol Latest News https://ift.tt/2K4hsU6

China launches $200 mn mining venture with largest Tajik smelter

The venture between Tajikistan#39;s state-owned aluminium smelter Talco and Chinese company Tibet Huayu Mining Co., Ltd is expected to produce 1.5 tons of gold annually and 16,000 tons of antimony. from Moneycontrol Latest News https://ift.tt/2Ipg5JJ

16 more steel products brought under Quality Control order

Ministry of Steel has issued two Quality Control orders, namely Steel and Steel Products (Quality Control) Order, 2018 and Stainless Steel Products (Quality Control) Order, 2018 as part of its commitment to ensure 100 per cent quality regime in the sector, an official statement said today. from Moneycontrol Latest News https://ift.tt/2Kn4wrs

Nirav Modi stayed in flat above jewellery store in London: Report

The 47-year-old diamantaire was able to travel in and out of Britain at least four times since his passport was cancelled by the Indian authorities in February. from Moneycontrol Latest News https://ift.tt/2Il0vPf

Donald Trump welcomes JSW Steel#39;s $1-bn investment plans in US

"Steel is coming back fast. US steel adding great capacity also. So are others," JSW Steel said in a statement today quoting Trump as saying in a tweet. from Moneycontrol Latest News https://ift.tt/2Kg2MAt

Charges for high algo OTR to be imposed in equity segment from June 29

Algorithmic or algo trading refers to high-frequency and automated execution of trades on the stock exchanges through pre-programmed software platforms installed on servers. from Moneycontrol Latest News https://ift.tt/2KeWL3v

DRI serves arrest warrant to Nirav Modi via email

The DRI had in March launched prosecution against Nirav Modi and three of his firms —Firestar International Pvt Ltd (FIPL), Firestar Diamond International Pvt Ltd (FDIPL) and Radashir Jewellery Co Pvt Ltd (RJCPL), based in the Special Economic Zone, Surat, for allegedly diverting duty-free imported goods for purposes other than specified in the rules, they said. from Moneycontrol Latest News https://ift.tt/2K9y90s

Infosys AGM: Shareholders seek better rewards, happy with return of Nandan Nilekani

The AGM lasted for nearly three-and-a-half hours at Christ University Auditorium in Bengaluru, which was packed with shareholders. from Moneycontrol Latest News https://ift.tt/2Kf1Adp

Monsoon expected to hit Bihar in next two to three days

The southwest monsoon is expected to reach Bihar in the next two to three days after being delayed by a fortnight. from Moneycontrol Latest News https://ift.tt/2MfZj2g

Severe heat wave conditions likely to prevail in Uttar Pradesh on June 24

Severe heat wave conditions are very likely to prevail at a few places in Uttar Pradesh on June 24, while thunderstorm and duststorm accompanied with gusty winds are very likely at isolated places over the state. from Moneycontrol Latest News https://ift.tt/2tmqlxF

DIG introduces #39;grading#39; system to assess police stations in Patna

With a view to improve efficiency of police stations in Patna district,the Deputy Inspector General (DIG) of Police, Central Range, today started the "grading" system for police stations based on performance. from Moneycontrol Latest News https://ift.tt/2KhTV10

This week in personal finance: ‘Self-goals’ to avoid while managing money; use your credit card wisely

The borrowing history of a person is checked while applying for a home loan, so non-payment of credit card dues can harm your credit history in the long run. from Moneycontrol Latest News https://www.moneycontrol.com/news/business/this-weekpersonal-finance-‘self-goals’-to-avoid-while-managing-money-use-your-credit-card-wisely_11046741.html

Flood situation turns grim in Assam, 2 more districts affected

The flood situation in Assam, which had shown improvement over the last two days, has reversed with two more districts being affected by the rising waters, the Assam State Disaster Management Authority (ASDMA) said. from Moneycontrol Latest News https://ift.tt/2KbZECd

P Chidambaram rejects FM Arun Jaitley#39;s charge against Rahul Gandhi

Senior Congress leader P Chidambaram rejected the BJP#39;s charge that #39;jehadis#39; and Maoists have earned party president Rahul Gandhi#39;s sympathy. from Moneycontrol Latest News https://ift.tt/2MR53jS

SAD hits out at Congress govt on menace of illegal mining

Opposition party Shiromani Akali Dal (SAD) lashed out at the Congress government for its alleged failure to end the menace of illegal mining in Punjab. from Moneycontrol Latest News https://ift.tt/2tjjFAz

Jaguar Land Rover to pump £20 billion in operations, 3 new models

From the current 13 product lines the two luxury brands will have 16 products by 2024. from Moneycontrol Latest News https://www.moneycontrol.com/news/business/jaguar-land-rover-to-pump-£20-billionoperations-3-new-models_11046661.html

Allowing UN report on Kashmir was failure of govt#39;s foreign policy: Congress

The Congress hit out at the government over the UN report on alleged human rights violation in Kashmir, saying how did it allow the world body to come out with such a report. from Moneycontrol Latest News https://ift.tt/2yHDiYi

Voltas JV begins work on its first India manufacturing unit

Voltbek Home, a joint venture between Voltas Ltd and Ardutch B V, a subsidiary of Turkish company Arcelik A S, today started construction of its first facility for home appliances in India at Sanand in Gujarat. from Moneycontrol Latest News https://ift.tt/2MQEsnb

1 dead after attack at huge rally for Ethiopia#39;s new PM Abiy Ahmed

Addressing the country minutes after he was rushed to safety, Prime Minister Abiy Ahmed called the blast a "well-orchestrated attack" but one that failed. from Moneycontrol Latest News https://ift.tt/2MhBhUh

BJP will not allow Kashmir to get disintegrated from India: Amit Shah

Jammu and Kashmir is an integral part of India and the BJP will never allow it to be disintegrated from the country, party president Amit Shah said. from Moneycontrol Latest News https://ift.tt/2Min4GR

Will LIC be the white knight again?

LIC likely to buy substantial stake in public sector lender IDBI Bank. from Moneycontrol Latest News https://ift.tt/2Kesg14

Voltas Beko to build manufacturing facility in Sanand

Voltbek Home Appliances - a joint venture between Voltas and Ardutch BV -- said it will set up its first manufacturing facility in the country in Sanand, Gujarat. from Moneycontrol Latest News https://ift.tt/2Iny8QM

Pervez Musharraf says he has not quit politics

A day after resigning as the chairman of the All Pakistan Muslim League (APML), Pakistan#39;s former military ruler and dictator Pervez Musharraf today said he has not quit politics. from Moneycontrol Latest News https://ift.tt/2IoaEe2

London mayor condemns UK#39;s #39;offensive#39; visa policy towards Indian students

Dismissing UK government claims over visa overstayers from India, London Mayor said the evidence did not back up the concerns. from Moneycontrol Latest News https://ift.tt/2K1Y3D3

OPEC allies including Russia back output hike: Angola

Russia joined partner countries in backing an OPEC-led pledge to boost oil production in response to growing global demand, Angolan Oil Minister Diamantino Azevedo said. from Moneycontrol Latest News https://ift.tt/2lrS9fG

Narayana Murthy stays away from Infosys AGM for second straight year

Non-Executive Chairman Nandan Nilekani participated in the 37th AGM of Infosys. from Moneycontrol Latest News https://ift.tt/2lwPcuu

Week Ahead: FO expiry and a new IPO, among 10 factors that market will watch

Going forward, Varroc#39;s IPO, updates on the trade war between US and China and monsoon’s progress will keep investors on their feet. from Moneycontrol Latest News https://ift.tt/2KgiyrE

Kannur International Airport to begin operations in September

Kannur International Airport will begin operations in September, Kerala Chief Minister Pinarayi Vijayan said after meeting Union Aviation Minister Suresh Prabhu. from Moneycontrol Latest News https://ift.tt/2toMYBA

Suresh Prabhu asks officials to prepare policy to set up stalls of GI products at airports

Commerce and Industry Minister Suresh Prabhu directed officials to prepare a policy to set up stalls of GI products at all the airports of the country. The move will help promote these products in the country. from Moneycontrol Latest News https://ift.tt/2txpBoD

Pharma weekly wrap: NHP report points to gaps in govt spending on health, infrastructure and human resources

India spent 1.02 percent of its GDP (2015-16) as public expenditure on health, lower than what Bhutan and Sri Lanka spend. from Moneycontrol Latest News https://ift.tt/2IjAyzJ

Vasundhara Raje conferred with #39;Chief Minister of the Year#39; award

Rajasthan Chief Minister Vasundhara Raje was conferred the #39;Chief Minister of the Year#39; award for her remarkable work in e-governance. The award was given at the 52nd Skoch Summit held in New Delhi. from Moneycontrol Latest News https://ift.tt/2tm8eIi

Maharashtra plastic ban: 72 fined, Rs 3.6 lakh collected in Nashik

Seventy-two people were fined and a sum of Rs 3.6 lakh collected from them in Nashik on the first day of the plastic ban that came into effect across Maharashtra on June 23. from Moneycontrol Latest News https://ift.tt/2tm9hrB

Infosys stable and on verge of something momentous: Nandan Nilekani

Infosys Non-Executive Chairman Nandan Nilekani said the company has taken several steps during the year to remedy the concerns raised on the matter of stability and is on the verge of something momentous. from Moneycontrol Latest News https://ift.tt/2ywvh8e

#39;Yogi mango#39; among 700 varieties at UP fest

"Horticulture can help in achieving the target of doubling farmers#39; income and officials need to make the farmers aware of it," Uttar Pradesh Chief Minister Yogi Adityanath said. from Moneycontrol Latest News https://ift.tt/2lscce1

Chief Minister K Palaniswami asks Centre to speed up air connectivity to Tamil Nadu towns

In a letter to Civil Aviation Minister Suresh Prabhu, Tamil Nadu CM K Palaniswami said the Hosur airport should be made operational immediately. from Moneycontrol Latest News https://ift.tt/2txRAVk

Dubai-Mumbai busiest international route, courtesy migrant workers

The Dubai-Mumbai sector was followed by the Dubai-Delhi sector with about two million passenger movement. The Dubai-Kochi sector came next with just over one million passenger flow, the data showed. from Moneycontrol Latest News https://ift.tt/2luZtYf

Ethiopian prime minister escapes grenade attack at rally, several wounded

"It was a grenade. Someone tried to hurl it to the stage where the prime minister was," rally organiser Seyoum Teshome told Reuters, adding he had seen about five people injured by the blast. from Moneycontrol Latest News https://ift.tt/2yBjW71

1 month of JD(S)-Congress government in Karnataka: Rumblings of discontent

The loan waiver announced earlier will cost the government Rs 53,000 crore, which most experts believe will be impossible to meet from the state’s own resources. from Moneycontrol Latest News https://ift.tt/2MPmUId

Law Ministry will make decisive intervention in SC in favour of rights of widows: Ravi Shankar Prasad

"The Supreme Court of India is considering this issue and I know a hearing is coming up in July. I am very proud that the Loomba Foundation is being represented as intervener in the proceedings,"said Cherie Blair. from Moneycontrol Latest News https://ift.tt/2KbChsp

Honour killing: Minority body writes to CM Arvind Kejriwal over unpaid compensation

The Delhi Minorities Commission(DMC) has written a letter to Chief Minister Arvind Kejriwal, reminding him about a yet to be paid compensation of Rs 5 lakh to the family of an honour killing victim. from Moneycontrol Latest News https://ift.tt/2toggjP

India summons Pakistan deputy HC over denial to envoy to meet pilgrims

Deputy High Commissioner Syed Haider Shah was summoned and a strong protest was lodged at the denial of access to Indian High Commissioner Ajay Bisaria and consular officials to visit Gurdwara Panja Sahib in Pakistan#39;s Punjab province from Moneycontrol Latest News https://ift.tt/2McAqUQ

News in Pics: Your daily dose of pictures from around the world

Moneycontrol brings to you select pictures that are making headlines across the globe… from Moneycontrol Latest News https://ift.tt/2IlofCX