News

ICICI Bank announces cut in home loan rates

ICICI Bank, the largest private sector lender, has announced a 0.10 per cent reduction in home loan rates for a limited period, bringing them on par with bigger rival State Bank of India. ICICI Bank will offer home loans of up to Rs 75 lakh at 10.15 per cent, the same rate as SBI, between May 15 and June 30. ... Read More »

Key highlights: Raghuram Rajan holds rates in RBI’s first bi-monthly review

In its monetary policy review, the Reserve Bank of India has kept key rates unchanged. The cash reserve ratio (CRR) has also been kept unchanged at 4 per cent. Presenting the first bi-monthly review as the new financial year begins on Tuesday, RBI Governor Raghuram Rajan said the downside risks to growth have increased marginally since January. HIGHLIGHTS FROM THE ... Read More »

Best Loan Buys

Are you scouting for a loan to buy a house, a car or for your child’s education? Given below are the best deals on offer from public and private sector lenders. (Data provided by Deal4Loans.com; All rates updated till March 14, 2014) Click here to Enlarge [“source -searchengineland”] Read More »

Procter & Gamble: Time for a split: Barron’s

Executives of consumer-products giant Procter & Gamble, the maker of Tide detergent and other household goods, should consider breaking up the company to improve its beleaguered performance, Barron’sfinancial newspaper said. The “radical action” would give the Cincinnati-based company a chance to contend with more “agile competitors,” according to Barron’s report this weekend. Procter & Gamble has been struggling with weak ... Read More »

Airline stocks should fly higher: Top analyst

Even though the commercial airline industry is on track to see its best profit ever, the stocks are stuck in a holding pattern. The benefits of higher ticket prices, strong airline traffic and low fuel prices aren’t doing much to lift the stocks. In fact, the NYSE Arca Global Airline Index, which tracks the industry, is down by double digits ... Read More »

Your first trade for Monday, November 23

State-owned Canara Bank on Monday raised base rate or the minimum lending rate by 0.25 per cent to 10.20 per cent even as  Reserve Bank of India (RBI) kept its policy rates unchanged in its mid-quarter review earlier this month. Canara Bank becomes the first major state-owned bank to increase base rate after RBI’s policy announcement, a move that will ... Read More »

Your first trade for Monday, November 23

The “Fast Money” traders revealed their final trades of the day. Steve Grasso was a buyer of Yum! Brands. David Seaburg was a buyer of Macy’s. Brian Kelly was a buyer of Microsoft. Guy Adami was a buyer of UnitedHealth Group. Trader disclosure: On November 20, 2015, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s ... Read More »

Cramer: 3 biggest morons of iron ore

Jim Cramer knows that when someone is stuck at the bottom of a deep hole, the best thing to do is to stop digging. Yet some companies cannot seem to grasp this idea, and continue to make things worse. “That is how I feel right now about three giant minerals and mining outfits that happen to be the world’s largest ... Read More »

Expect at LEAST three rate hikes in 2016: Economist

Investors may need to brace for at least three rate hikes by the Fed next year, Renaissance Macro’s chief U.S. economist said Friday “I think in 2016, we’re going to have the unemployment rate below 5 percent and headline inflation will be close to 2 [percent],” Neil Dutta told CNBC’s “Squawk on the Street.” “Underlying inflation dynamics are moving in ... Read More »

Nasdaq 100 rally can be credited to just two stocks

While the S&P 500 and the Dow have had a mild 2015, rising 1.1 percent and falling 0.5 percent, respectively, another widely followed large-cap index is having a great year: The Nasdaq 100. The technology-heavy set of stocks has risen by 10 percent this year. But that doesn’t mean every tech investor has done well. In fact, the outperformance can ... Read More »