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The Economic Times

The Economic Times: Latest business, finance, markets, stocks, company news from India.

Copyright: Copyright:(C)Tue 24 Jan 2017, 08:52:522017Tue 24 Jan 2017, 08:52:52 Bennett Coleman & Co. Ltd,

Is Budget 2017 the most difficult one till date?

Tue, 24 Jan 2017 01:45:00 GMT

Is Budget 2017 the most difficult one till date?Union budgets usually have visibility of economic performance, and a tentative idea of how the last quarter of the fiscal year is shaping up.

Niti Aayog brings in Big Data big gun to track fraud in Jan Dhan a/cs

Tue, 24 Jan 2017 01:30:11 GMT

Niti Aayog brings in Big Data big gun to track fraud in Jan Dhan a/cs In Big Data, huge amounts of information are machine analysed to reveal patterns, trends and associations. Data analytics is still a very niche area in India.

UP polls to define future role of Akhilesh, Mayawati, Rahul and Priyanka

Tue, 24 Jan 2017 01:31:23 GMT

UP polls to define future role of Akhilesh, Mayawati, Rahul and PriyankaA loss for the BSP would prompt the BJP — and to some extent the Congress — to woo the Jatavs away from Mayawati.

Under Rajiv Gandhi, India was ready with H-Bomb

Mon, 23 Jan 2017 19:04:48 GMT

Under Rajiv Gandhi, India was ready with H-Bomb Rajiv Gandhi's hesitation was removed when he got reports in early 1985 that Pakistan was making progress with nuclear weapons.

EC bars Modi govt from announcing schemes

Mon, 23 Jan 2017 20:13:24 GMT

EC bars Modi govt from announcing schemesThe Modi govt is set to present its Union Budget on February 1 just days ahead of the polls in Uttar Pradesh, Uttarakhand, Punjab, Goa and Manipur scheduled between Feb 4 and March 8.

Cong all set to take the fight to Badals’ home turf

Mon, 23 Jan 2017 18:37:00 GMT

Cong all set to take the fight to Badals’ home turf With AAP sharpening its attack on the SAD-BJP government, Rahul Gandhi will try to raise the tempo of cadres with roadshows.

No mobiles: SC seeks subscriber verification regime

Mon, 23 Jan 2017 19:15:44 GMT

No mobiles: SC seeks subscriber verification regimeAccording to the petition, despite directions by Trai, there were about 5.25 crore unverified mobile phone subscribers in the country.

Shiv Sena, BJP restart Mumbai civic polls seat talks

Mon, 23 Jan 2017 19:38:30 GMT

Shiv Sena, BJP restart Mumbai civic polls seat talksSena leaders told ET that the party would not be able to give even 105 seats to the BJP as it would mean putting more pressure on their own party.

AAP gives out ‘promise guarantee’ cards in Goa

Mon, 23 Jan 2017 20:20:13 GMT

AAP gives out ‘promise guarantee’ cards in GoaA unique registration number is assigned to each voter, copied on the main leaflet. The leaflet remains with the voter.

Need for change helps AAP take on Badal in Lambi

Mon, 23 Jan 2017 20:12:24 GMT

Need for change helps AAP take on Badal in Lambi AAP’s candidate Jarnail Singh, former journalist infamous for hurling a shoe at Congress leader P Chidambaram, is banking on anti-incumbency.

Sebi Budget note: Cut STT, ease tax rule for debt mutual funds

Tue, 24 Jan 2017 02:34:47 GMT

The regulator has also sought an increase in the investment limit for tax-saving equity mutual fund schemes to Rs 2 lakh from Rs 1.5 lakh.

Fifteen stocks in focus on Tuesday, 24 January 2017

Tue, 24 Jan 2017 02:27:48 GMT

Bharti Airtel, HDFC Bank and HCL Technologies will announce their financial results for the quarter ended December 31, 2016 on Tuesday.

Pre-market: Top cues for you before the Opening Bell

Tue, 24 Jan 2017 02:16:04 GMT

US President Donald Trump formally withdrew from the Trans-Pacific Partnership trade deal on Monday, distancing the US from its Asian allies.

need2know: Five macro cues for market today

Tue, 24 Jan 2017 02:22:53 GMT

India will not allow investment to become part of any global agreement that allows investors to challenge governments to international arbitration.

Post Budget, bet on consumption, agri themes: UTI MF

Mon, 23 Jan 2017 10:39:06 GMT

The budget is expected to be positive for the consuming classes, the rural poor as well as the middle classes, says Nambiar.

Panel backs pressing pause button on fiscal deficit target

Tue, 24 Jan 2017 02:23:59 GMT

In 2005-06 Budget, then FM P Chidambaram had hit the pause button, citing strain on the budget due to recommendations of the 12th Finance Commission.

Suspicious bank deposits first in Income Tax’s probe queue

Mon, 23 Jan 2017 20:01:15 GMT

About 1.5 lakh accountholders have deposited more than Rs 10 lakh each and there have been suspicious cash deposits in one crore accounts belonging to 75 lakh people.

Won’t allow investors to challenge government: Nirmala Sitharaman

Mon, 23 Jan 2017 19:42:16 GMT

Nirmala Sitharaman says India will not allow investment to be part of global agreement that allows investors to resort to international arbitration.

FDI outflows matches FPIs’ in volatility

Mon, 23 Jan 2017 18:38:38 GMT

The FDI outflow of $16.4 billion is the highest-ever in a year, even though the fiscal close is four months away from November.

RBI may consider extending deadline for reduced Merchant Discount Rate: Dharmendra Pradhan

Mon, 23 Jan 2017 17:10:55 GMT

The RBI had decided to slash MDR charges on payments made through debit cards and do away with levies on small transactions.

Customs and excise officials upset with GST administration deal with states

Mon, 23 Jan 2017 17:08:49 GMT

The Association will represent to the union finance minister Arun Jaitley on Tuesday its case, an official said.

'Indian IT decision makers adopting open source to go digital'

Mon, 23 Jan 2017 14:19:14 GMT

Eighty six per cent of survey respondents highlighted reducing cost/improving efficiency as one of their key business initiatives within the next 12 months, the findings showed.

2016 Norton Cyber Security Insights Report: Family Edition

Mon, 23 Jan 2017 07:59:50 GMT

The study showed that countries who had the strictest preventive measures also had the lowest incidents of cyberbullying.

Persistent to have 50% of workforce in US this year

Mon, 23 Jan 2017 06:55:26 GMT

​While the IT industry is currently in wait and watch mode, Deshpande said that it was time to start looking at how they operate in the US.

T K Kurien to leave Wipro this month

Mon, 23 Jan 2017 05:40:04 GMT

TK, as he is popularly called, served as Wipro CEO for five years before being elevated as its vice-chairman early last year.

India IT firms brace against anti-outsourcing sentiment after Trump's inaugural speech

Mon, 23 Jan 2017 02:51:35 GMT

Earlier this month, two US Congressmen reintroduced a bill to curb the use of H-1B visas, requiring workers on the H-1B visa to pay a minimum of $100,000, up from $60,000 now. The bill also removes the Master's degree exemption to the cap on the number of visas available.

Samsung blames Galaxy Note 7 fires on faulty batteries

Mon, 23 Jan 2017 01:55:09 GMT

Internal and independent investigations "concluded that batteries were found to be the cause of the Note 7 incidents", the South Korean company said in a statement.

Asian TPP nations pledge to salvage trade accord after US exit

Tue, 24 Jan 2017 03:01:37 GMT

Japan has led the push for the partnership, which also includes Brunei, Canada, Chile, Malaysia, Mexico, Peru and Vietnam.

White House warns China on trade, South China Sea

Tue, 24 Jan 2017 01:51:39 GMT

China lays claim to a vast extent of the South China Sea within a so-called "nine dash line," including waters claimed by several of its neighbors.

US Senate panel clears Tillerson's path to be secretary of state

Tue, 24 Jan 2017 01:29:24 GMT

The Senate Foreign Relations Committee voted 11-10 to approve Tillerson, with every Republican backing the former oil executive and every Democrat opposing him.

Donald Trump warns CEOs of 'border tax' for shifting jobs abroad

Mon, 23 Jan 2017 19:20:58 GMT

"There will be advantages to companies that do indeed make their products here. So we've seen it. It's gonna be wave. You watch, it's gonna be a wave," Trump said.

Donald Trump not to release his tax returns: Aide

Mon, 23 Jan 2017 19:14:22 GMT

Trump repeated the claim that the audit is responsible for his delay in releasing his tax returns at a news conference less than two weeks from his inauguration.

Samsung says battery caused Note 7 fires, may delay new phone launch

Mon, 23 Jan 2017 19:09:49 GMT

Wrapping up its months-long probe into the cause of the Note 7 debacle, Samsung said faulty batteries from two suppliers were to blame for a product failure that wiped $5.3bn off its operating profit.

60% of vehicles on Indian roads don’t have insurance

Tue, 24 Jan 2017 02:57:08 GMT

In 2015-16, India had around 19 crore registered vehicles; of these, only 8.26 crore were insured, said GIC secretary general R Chandrasekaran on Monday.

Two Congress MLAs quit to join BJP in Manipur; BJP list has 31 candidates

Tue, 24 Jan 2017 00:40:25 GMT

The next round of tripartite talk between the Ministry of Home Affairs, UNC and Manipur government is likely to be held after R-Day.

Under Rajiv, India was ready with H-Bomb to counter Pakistan's nukes

Mon, 23 Jan 2017 19:04:48 GMT

Rajiv Gandhi's hesitation was removed when he got reports in early 1985 that Pakistan was making progress with nuclear weapons.

UP polls to define future role of many prominent leaders

Tue, 24 Jan 2017 01:31:23 GMT

A loss for the BSP would prompt the BJP — and to some extent the Congress — to woo the Jatavs away from Mayawati.

TN on the horns of dilemma as Jallikattu protests turn violent

Mon, 23 Jan 2017 19:27:38 GMT

Protesters who continued to stay on Marina on Monday evening said the violence on the streets of Chennai was a direct fallout of evacuation.

Congress all set to take the fight to Badals’ home turf

Mon, 23 Jan 2017 18:37:00 GMT

With AAP sharpening its attack on the SAD-BJP government, Rahul Gandhi will try to raise the tempo of cadres with roadshows.

Traders bet on calendar spread as Nifty moves in a tight range

Thu, 12 Aug 2010 20:55:54 GMT

A trading combination involving Nifty options is gaining prominence among savvy trading desks of institutional investors.

Nifty may find support at 5300 level

Wed, 11 Aug 2010 20:52:06 GMT

As far as stock futures are concerned, we are very near to the highest-ever open interest with 195 crore shares in open interest.

Seven out of top 10 Asian small-cap funds are Indian

Thu, 12 Aug 2010 05:20:58 GMT

An analysis of 300 Asian small-cap schemes shows DSP BlackRock Micro Cap Fund leading the charge, delivering an 82% return over the past year.

Inflation reflects growth dynamics in India: Christopher Wood

Sun, 08 Aug 2010 14:02:56 GMT

India has inflation and it reflects the fundamental growth, Christopher Wood, equity strategist, CLSA, said at ET Now Mkt Summit-2010.

Market may trade in a range, but FIIs seen sold on India

Sun, 08 Aug 2010 19:35:47 GMT

Market may see range-bound trading this week in the absence of any major trigger.

'Don't bank only on price-to-earning ratio'

Sun, 08 Aug 2010 22:25:00 GMT

Many experts believe that looking at PE ratio in isolation won’t help investors grasp realities of the mkt and higher valuation may not be the only deciding factor driving mkt.

Prabhudas Lilladher has a reduce rating on Infosys

Fri, 05 Dec 2008 18:30:00 GMT

Prabhudas Lilladher has a ‘reduce’ rating on Infosys Technologies as it feels that the outlook for the company and the software industry is quite weak in the near-term.

Fin Crisis: Too late and too little done in US

Thu, 04 Dec 2008 20:35:00 GMT

A crisis of $240 trillion cannot be stemmed with bailout packages of $1 to $10 trillion. 2008: Year of global financial crisis | Survive credit crisis | Ghosts of 1929

Weak rupee takes its toll on cos with huge foreign debt

Wed, 01 Oct 2008 03:10:42 GMT

The falling rupee will severely affect the small companies, whereas the big ones will be impacted moderately. Get rid of Debt | Adopt correct investment strategies

Wait for more signals before turning positive

Sun, 27 Jul 2008 22:40:49 GMT

At the recent low of 12514 points, the Sensex has tested the 12800-12000-pts support zone and has since then attempted a corrective rally.

Six Indian cos among BusinessWeek's top 100 Infotech firms

Wed, 02 Jul 2008 13:55:05 GMT

BusinessWeek's 'The Infotech 100', has ranked Bharti Airtel at the 21st position followed by Reddington India (55th) and RCom (66th). Successful business formula

Indian firms slip in global ranking; four move out of Top-500

Sun, 29 Jun 2008 06:08:01 GMT

14 firms present in a new list of world's 500 most valued firms together seeing an erosion of about $150 billion in their market value in the first three months of this year.

'Big Daddy' laps up Cipla after Q1 nos beat forecast

Fri, 13 Aug 2010 22:05:24 GMT

Shares of Cipla inched up on heavy volumes on Friday, after the company’s first quarter earnings beat the consensus estimate.

Old Fox has dream run on Dalal Street

Fri, 13 Aug 2010 21:56:46 GMT

The Old Fox of Dalal Street has been on a dream run since the past couple of weeks. On Friday, most stocks that he had been steadily building up positions in figured among key gainers of the day.

Cairn India hits record high on BSE amid stake sale talks

Fri, 13 Aug 2010 14:41:07 GMT

The scrip, which was flat for most of the session, shot up in the final hour of trade on the Bombay Stock Exchange to settle with a net gain of 4.36 per cent at Rs 355.45.

Vedanta plunges 5.59% on LSE amid talks to buy Cairn stake

Fri, 13 Aug 2010 13:56:27 GMT

In the late afternoon session, the scrip was being traded at 20.61 pounds, down by 5.50 per cent on the LSE. Vedanta opened on a positive note, but soon swung into the red.

SBI shares on gaining spree; hit record high

Fri, 13 Aug 2010 13:17:42 GMT

In the past two days, the scrip recorded a gain of over 9 per cent on the BSE, making its investors richer by a whopping Rs 15,000 crore.

FM must rethink

Fri, 05 Mar 2010 00:02:47 GMT

TT Ram Mohan has rightly suggested that the tax-GDP ratio measures structural improvement. The FM must rethink his medium-term debtto-GDP target.

Amalgamate banks

Fri, 05 Mar 2010 00:01:28 GMT

Financial inclusion and financial literacy will be the paramount objective while implementing reforms along with UID project to protect the interests of poor.

Managing data

Mon, 12 Oct 2009 21:10:52 GMT

This refers to your edit ‘A welcome quest’ (ET, Oct 8). It is imperative to have a strong database.

Right technology

Mon, 12 Oct 2009 21:09:54 GMT

Apropos of ‘The climate conundrum’ (ET, Oct 9), Mukul Sanwal rightly suggests that developing countries should lead in setting the agenda for global technological cooperation.

ET Search

Tue, 06 Aug 2013 08:15:00 GMT

Rupee#CAD#Economic crisis#Food Bill

After the Oscars, what's next for silent stars of The Artist?

Tue, 28 Feb 2012 19:12:07 GMT

The team behind The Artist will have spent the first day of the rest of their lives conforming to the grandest, and most lucrative, of Hollywood traditions.

Delhi World Book fair: A fair like no other

Sat, 25 Feb 2012 02:08:37 GMT

It's the World Book fair, which comes around once every two years sprawling across the giant halls of Pragati Maidan. This is the fair's 20th edition.

Indian gift makes its way to State Department exhibition

Fri, 24 Feb 2012 08:09:49 GMT

An elephant figurine gifted by the then HM LK Advani to US Secretary of State Colin Powell in 2002, has made its way to the State Department hall.

IMD to use dynamic models for forecasts

Tue, 21 Feb 2012 20:49:54 GMT

Statistical models used by IMD will still be used for monsoon forecast, but the ministry of earth sciences is putting more emphasis on dynamic models.

Docs reveal contents of first wire msg between India & Eng

Tue, 21 Feb 2012 09:49:25 GMT

Newly discovered documents have revealed the first telegraph messages and joy when England was linked for the first time with India on 23 June, 1870.

Worried Amitabh Bachchan fans pray to Lord Shiva for his recovery

Mon, 20 Feb 2012 10:57:34 GMT

Hundreds of worried fans of ailing Bollywood megastar Amitabh Bachchan today performed a yagna here to pray for his speedy recovery.

Every decision of government needn’t be a big reform: Anand Mahindra

Sun, 01 Jun 2014 22:30:07 GMT

"The fact that we are the world’s largest democracy and we are all aware that power and a role in global affairs for a nation comes from economic strength."

Narendra Modi has his eyes set on boosting business: Joao Cravinho, EU Ambassador

Tue, 03 Jun 2014 00:04:35 GMT

Ambassador Joao Cravinho, head of the EU delegation, led Ambassadors of various European countries to a quiet lunch with Modi at the capital last year.

Confidence level of industry improving: KV Kamath, ICICI Bank

Mon, 02 Jun 2014 08:57:23 GMT

"It is the collective wisdom of the marketplace that there is action and we will move with speed. That improves the confidence level of industry."

We may see rapid growth over the next few years: Raamdeo Agrawal

Mon, 02 Jun 2014 02:30:11 GMT

Directives from the Centre have to be executed at the state level. So, there are many things that are not in Modi’s hands, says Raamdeo Agrawal.

Our commitment for press freedom, and autonomy of public broadcast is absolute: Prakash Javadekar

Fri, 30 May 2014 22:30:25 GMT

"Now there is a stage three and stage four of digitisation, we will take a call on this only after taking all things into account."

There is a leadership vacuum in Infosys, time to get Nandan Nilekani back: Mohandas Pai

Thu, 29 May 2014 07:10:06 GMT

"There is a leadership vacuum in the company, because they made the wrong choice of CEO three years ago and that is playing out right now."

Uber merging China ops with Didi in $35 bn deal

Mon, 01 Aug 2016 05:23:52 GMT

Uber will reportedly continue to operate its own app in China for now. Uber declined to comment on this to the publication.

Jinping under pressure for strong SC Sea response

Mon, 01 Aug 2016 04:41:32 GMT

Some elements within China's military are pushing for a stronger - potentially armed - response aimed at United States and its regional allies.

No government accommodation for former CMs: SC

Mon, 01 Aug 2016 05:48:00 GMT

The apex court also directed six former chief ministers of Uttar Pradesh to vacate government houses allotted to them.

Manufacturing PMI at 4 month high of 51.8 in July

Mon, 01 Aug 2016 05:49:49 GMT

The seasonally adjusted Nikkei India Manufacturing Purchasing Managers Index edged higher in July, at 51.8 compared with 51.7 in June.

Scooter's back, with new hero on road

Sun, 12 Jun 2016 05:20:10 GMT

Slowing rural demand after two rain deficit years might be weighing down Splendor's sales but Honda says there is more to these results than El Nino.

PM Modi's two years have been 'Acche din' for India's space community

Sun, 12 Jun 2016 04:22:57 GMT

Since Modi took over, India's spaceship reached Mars, launch of India's mini space shuttle was a huge success, and ISRO started swadeshi sat-based navigation.

Alfa raises delisting price to Rs 2,850 a share

Tue, 10 Jan 2012 12:19:11 GMT

Alfa Laval (India) today said its parent firm has raised the delisting offer price to Rs 2,850 a share.

DB Realty, Unitech stocks rose

Tue, 29 Nov 2011 22:25:23 GMT

The stocks of DB Realty and Unitech rose after top executives of these companies were granted bail in the 2G scam case.

Fitch withdraws Reliance Capital ratings

Thu, 20 Oct 2011 15:30:11 GMT

Fitch on Friday said it has withdrawn the ratings on Reliance Capital as the company has decided to stop participating.

'Discoms' poor fin health poses risks for traders'

Thu, 20 Oct 2011 14:32:51 GMT

The poor financial health of state electricity boards could pose significant business risks for power traders in the country, says Fitch.

Cigarette cos shares outperform benchmark Sensex

Mon, 18 Jul 2011 20:05:28 GMT

Shares of cigarette companies have rallied over the past one month, with ITC, Godfrey Philips and VST Industries hitting record highs.

Lovable Lingerie's dream run on as traders lap it up

Fri, 17 Jun 2011 18:55:28 GMT

Lovable Lingerie is 3rd-best performing stock among companies listed this year, with it doubling in value, as traders bet it could repeat performance of Page Indus.