Tag Archives: Friday;

Economy on revival mode amid sprouts of green shoots in many sectors; all eyes on FY18 GDP estimates on Friday

How do you spot an economic revival? The earliest signs are visible on the highways. Are there more lorries on expressways ferrying goods across states? Latest data show truck sales grew at a robust pace in December, a sign that transport companies are buying more vehicles to rapidly move goods to meet growing consumer demand. Sample this. Homegrown auto major ... Read More »

Senate panel to hear ‘school choice,’ finance bill Friday

About 200 Texas school districts, four of them in Central Texas including Lago Vista, are slated to lose $200 million in Additional State Aid for Tax Reduction, which was promised to school districts in 2006 to help them maintain same revenue levels when the Texas Legislature compressed property tax rates by a third. RALPH BARRERA/AMERICAN-STATESMAN The Senate Education Committee on ... Read More »

Infosys kicks start earnings season on Friday; here’s what brokerages say on IT pack

With the domestic stock market heading for a long weekend, a few important developments would be setting the course of equities for the next week. The first and foremost among them would be the kick-start of March quarter earnings with Infosys’ results on Friday. The IT pack is expected to report a modest revenue growth of  2-3.9 per cent (in ... Read More »