Tag Archives: Now

Market Now: Stocks that surged up to 20% today

The overall market sentiments remained positive since the beginning of today’ session. NEW DELHI: Shares of Gujarat NRE CokeBSE 15.42 % (up 20 per cent), Bombay RayonBSE 5.43 % (up 19.98 per cent), Parsvnath DevelopersBSE 16.94 % (up 19.76 per cent), JP Power (up 19.27 per cent), GVK PowerBSE 1.37 % Infra (up 19 per cent) and Repro IndiaBSE -2.82 % (up 16.33 per cent) zoomed over 15 per cent on NSE as benchmark ... Read More »

AU Small Finance Bank now among the top 20 NBFCs by market capitalisation

The stock has gained 30% after its robust debut on July 10 MUMBAI, JULY 13:   Within three days of listing, the market capitalisation of AU Small Finance Bank (AU SFB), which got converted from a non-banking finance company to a bank only in April 2017, is larger than PSU banks such as IDBI Bank, Union Bank, Dena Bank and Bank ... Read More »

All that ‘animal spirits’ talk for the economy seems like a long time ago now

May’s disappointing job growth delivered another blow to hopes that the U.S. economy is on the cusp of breaking out. Job creation fell well short of economist expectations, with just 138,000 new positions created against estimates for 185,000. The unemployment rate declined to a 16-year low of 4.3 percent, but that was because of a drop in the labor force ... Read More »

Trump’s grade on the economy: a B, for now

More than anything else, the performance of the economy during the next several years is likely to determine whether Donald Trump succeeds or fails as president. So how’s he doing? And how should we measure his success in the future? Well, for starters, the economy has earned a solid B since Trump took office in January, according to an exclusive ... Read More »

Now Sir James Dyson urges single market exit, just months after losing a nasty battle in Brussels

Sir James Dyson is at again. The godfather of gadgets, ranging from vacuum cleaners to hand driers to fancy looking fans that cost a king’s ransom, has stomped into the debate over whether Britain should stay in the European single market when it finally quits the EU. It probably won’t come as any great surprise to you to learn that ... Read More »

Bank of England to cut key rate August 4, hold off on QE for now – Reuters poll

The Bank of England is almost certain to cut benchmark borrowing costs when it sets policy on Aug. 4, but a slim majority of economists in a Reuters poll said it would hold off for now on restarting its asset purchase programme. Britons voted in a June 23 referendum to leave the European Union, a shock outcome that roiled financial ... Read More »

LendingClub now targeted in shareholder lawsuit

LendingClub Corp (LC.N) has been hit with the first of what could be many federal lawsuits by shareholders who say the online lender, which forced out its chief executive last week, inflated its share price by concealing its inability to monitor its operations. In a complaint filed late Monday in San Francisco federal court, the plaintiff Steeve Evellard said LendingClub ... Read More »

The Obama administration is now ‘giving full cover to the Russians’ in Syria – and the results are ‘catastrophic’

People inspect the damage at the Medecins Sans Frontieres (MSF)-backed al-Quds hospital after it was hit by airstrikes, in a rebel-held area of Syria’s Aleppo, April 28, 2016. Forces loyal to Syrian President Bashar Assad pounded the Syrian city of Aleppo with airstrikes on Thursday, targeting a hospital and killing at least 55 civilians in a new offensive that is ... Read More »

House Prices: London’s super-rich are now renting to avoid stamp duty and taxes

London’s super rich are increasingly turning to renting, a new report shows. The number of letting deals on properties worth more than £10 million has increased by a third in the year to March 2016, according to figures by estate agent Knight Frank. Sales of homes worth over £10 million fell 33 per cent in the same period of time, ... Read More »

French bank chief ‘more worried about sector now than in 2009’

The chairman of France’s second-biggest retail bank is more worried about Europe’s banking sector now, in some ways, than when he took the reins at BPCE bank during the depths of the global financial crisis in 2009. Francois Perol said on the sidelines of an economic conference in Italy on Saturday that negative interest rates in the euro zone were ... Read More »