RBI sees clear signs of investment revival RBI sees clear signs of investment revival Prakash Patil / Saturday, October 27, 2018 / Article rating: 5.0 The Reserve Bank of India (RBI) has said that there is growing evidence of an upturn in investment activity in India. According to RBI’s latest paper entitled “India’s Investment Cycle: An Empirical Investigation”, this revival in the investment cycle is expected to last up to 2022-23 when the investment rate is estimated to rise up to 33 per cent of the GDP from the current level of 31 per cent.
Choosing the right fund for SIP Choosing the right fund for SIP Prakash Patil / Saturday, October 27, 2018 / Article rating: 5.0 If you are planning to start SIP of a mutual fund scheme, you need to be sure that you pick the right fund that will deliver decent returns and help you to achieve your financial goals. Here are a few tips that will help you to choose s suitable fund.
Stocks likely to be in focus on Monday owing to Q2 results on Saturday, Oct 26 Stocks likely to be in focus on Monday owing to Q2 results on Saturday, Oct 26 Shohini Nath / Friday, October 26, 2018 / Article rating: 5.0 The following stocks could be in focus in Monday’s trading session in light of their results: Punj lloyd, Divi's Laboratory, Salzer Electronics, Sintex Industries and Vinati Organics.
ICICI Bank Q2FY19 profit declines 56 per cent, asset quality improves ICICI Bank Q2FY19 profit declines 56 per cent, asset quality improves Nidhi Jani / Friday, October 26, 2018 / Article rating: 4.0 The net interest income (NII) for Q2FY19 came in at Rs. 6418 crore as against Rs. 5709 crore as compared to the corresponding quarter last year, an increase of 12.4 per cent. Also, the net interest margin (NIM) stood at 3.33 per cent as against 3.19 per cent for Q2FY18.
UFO Moviez announces acquisition, stock spikes up UFO Moviez announces acquisition, stock spikes up Bhagyashree Vivarekar / Friday, October 26, 2018 / Article rating: No rating The largest digital cinema distribution network and in-cinema advertising platform, UFO Moviez announced the acquisition of Scrabble Digital (SDL) through its wholly-owned subsidiary Scrabble Entertainment (SEL). The stock gave a breakout on Friday’s trade closing 5.5 per cent up.
Private banks drag down benchmark indices, Nifty Bank tanks Private banks drag down benchmark indices, Nifty Bank tanks Gayathri Udyawar / Friday, October 26, 2018 / Article rating: 5.0 The most tracked index in the stock market Nifty Bank bleeded on Friday and lost close to 400 points and closed at 24,421.05 down by 1.60 per cent. BSE BankEx was down by 1.97 per cent. Major private bank stocks Yes Bank, Axis and IndusInd Bank lost the most.
Bharat Electronics Q2FY19 profit spikes 39 per cent Bharat Electronics Q2FY19 profit spikes 39 per cent Nidhi Jani / Friday, October 26, 2018 / Article rating: 4.3 During H1FY19, the company secured new orders amounting to Rs. 14,338 crore. The total order book as on October 1, 2018, stood at Rs. 48,995 crore.
UPL Q2FY19 profit rises 14 per cent UPL Q2FY19 profit rises 14 per cent Nidhi Jani / Friday, October 26, 2018 / Article rating: 5.0 The PAT for the quarter came in at Rs. 270 crore as against Rs. 237 crore in the corresponding quarter last year, yoy increase of 14 per cent.
Sensex down by 1 per cent; IT, Banks stocks tank, Tata Motors shines Sensex down by 1 per cent; IT, Banks stocks tank, Tata Motors shines Shohini Nath / Friday, October 26, 2018 / Article rating: No rating On the opening day of the new series, the key benchmark index Sensex slipped by more than 1 per cent and managed to close at 33,349 levels.
Subros Q2FY19 profit jumps 58 per cent Subros Q2FY19 profit jumps 58 per cent Nidhi Jani / Friday, October 26, 2018 / Article rating: 5.0 The company's standalone revenue for the quarter came in at Rs. 564.03 crore as against Rs. 497.15 crore in the corresponding quarter last year, registering an increase of 13.5 per cent YoY.