ECONOMY & NATION


Sanket Dhanorkar 15 March 2010
Bond Street seems to have taken the FM’s fiscal consolidation plans with a pinch of salt as bond yields have since surged past 8%, perhaps due to the government’s borrowing programme In his Budget speech, finance minister Pranab Mukherjee had outlined a clear path for the government to...

Read More



Moneylife Digital Team 19 February 2010
With easy access, large players oversubscribed IRFC’s bond issue within a few hours, leaving small and individual players high and dry Indian Railway Finance Corp’s (IRFC) first tranche of a 5-year tax-free bond issue carrying an interest rate of 6% has reportedly been fully subscribed...

Read More



Moneylife Digital Team 29 January 2010
Despite a more-than-expected hike in the Cash Reserve Ratio (CRR), banks today ruled out any immediate hike in lending rates Retail and corporate borrowers can breathe easy as bankers today said that an immediate hike in lending rates is unlikely even as the RBI tightened money supply by...

Read More



Yogesh Sapkale Yogesh Sapkale 07 January 2010
The steel ministry had expressed concerns on increase in steel prices by domestic firms, including SAIL and Tata Steel, which own captive reserves of iron ore and coking coal State-run Steel Authority of India Ltd (SAIL) on Thursday said that it may cut prices of some of its products in...

Read More



Yogesh Sapkale Yogesh Sapkale 05 January 2010
Demand for the ongoing marriage season and approaching festival of 'Makar Sakranti' might further boost buying activity in the face of tight supply Sugar prices on Tuesday rose to Rs4,250 per quintal at the wholesale market on increased buying for the current festival and marriage season...

Read More



Amritha Pillay 29 December 2009
Power tariffs in the open market have crashed to Rs2-Rs5 per unit in December from Rs12-Rs14 per unit in June 2009. Seasonal fluctuation leading to low demand is being stated as the reason for these low tariffs Riding on high merchant power tariffs, a number of power companies have...

Read More



NDTV’s loss-making, ego-driven, public-funded businesses are unravelling Quarter after quarter, we have marvelled at the ability of TV channels to survive the deluge of red ink that would have drowned companies in any other sector. Obscene salaries, lavish overheads and large dollops of...

Read More



Pallabika Ganguly 24 December 2009
The Urban Land Ceiling Act was repealed in November 2007. However, real-estate developers are still fighting cases related to this repealed legislation in the Bombay High Court The repealed Urban Land Ceiling (ULC) Act has held up more than 100 projects across Maharashtra. The...

Read More



Sanket Dhanorkar 24 December 2009
Yields on government bonds have witnessed wide fluctuations as participants speculated on the impending rate hike—but the government still remains non-committal on the timing of this move Over the past few days, yields on the benchmark 10-year bonds have seen volatile movements, as...

Read More



Pallabika Ganguly 22 December 2009
In India, the spiritual route has always been an easy way to make money. Now, the Times Group wants to cash in on this trend by launching a weekly newspaper based on ‘The Speaking Tree’, a spiritual column that is published in the inside pages of the Times of India (TOI). According to...

Read More



The prices of Gujarat Sankar-6 (GS-6) medium staple Bt cotton closed at Rs26,200-Rs26,300 per candy on 24th November, up from Rs25,100-Rs25,200 per candy on 21st November. This rise is attributed to Chinese demand and buying by domestic mills. Prices are expected to stabilise at...

Read More



Since the September 2009 low of $992 per ounce, gold prices have shot up 20% to $1,193 per ounce as of 26 November 2009, on hopes that central banks would purchase more gold to hedge against a falling dollar. Gold prices were also on an uptick due to fears over inflation in the year 2010. There...

Read More



By Pallabika Ganguly 11 December 2009
ICICI Venture Fund Management Co Ltd (IVFMC), the investment unit of ICICI Bank Ltd, is planning to invest $250 million-$300 million over the next three years in realty, especially in the residential segment in India. At present, the company does not plan to invest in the commercial...

Read More



By Yogesh Sapkale 11 December 2009
Attributing the double digit industrial growth rate to stimulus packages, the Planning Commission on Friday said that the growth momentum would be maintained in the coming months, reports PTI.  "To get a growth rate well above 10% is not just a base effect. There is an element growth that...

Read More



The retail sector is growing at 5.5% not only in metros but even in Tier-2 and Tier-3 cities, according to an ASSOCHAM report. The Indian retail sector is expected to grow at a rate of 5.5% to $410 billion (around Rs19,03,844 crore) by 2010 from about $300 billion at present, industry...

Read More



Smart grids, which increase the connectivity, automation and coordination between electricity suppliers, consumers and networks, will make the sector more financially viable, says an expert Globally, smart grids are becoming more popular. Power distribution in India has also not been...

Read More



Loan growth is slow. Why then are interest rates still so high? In the 1980s, there was a band of high-profile bond traders who used to sell bonds heavily whenever they suspected that the central banks were not acting strongly and quickly enough to reduce deficits, government borrowings and...

Read More



Instead of producing 10 to 15 in-house shows and serials, big media houses are now tying up with individual producers and scriptwriters for good quality content Big media houses are finding it difficult to generate good content and are now eying to tie up with well-known writers and...

Read More



Following tough competition from China and South Korea as well as lack of incentives, many Indian textile exporters are unwinding their positions from traditional markets like the US and the EU. These exporters are now focussing on markets like Japan, the Latin American countries, New Zealand...

Read More



Food inflation shot up to 15.6% for the second week of November on the back of spiralling potato prices, which have more than doubled in the past year, reports PTI. Other essential items like pulses and onion rose by more than 25% in the wholesale market, government data on inflation for the...

Read More

Free Helpline
Legal Credit
Feedback