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A further re-rating on the cards for Yes Bank?

It was a quarterly performance that ticked all boxes. Stung by the bad press of the previous quarter’s numbers, Yes Bank seems to have been determined to erase all the memories. So not just the numbers, but the quality of disclosure, too, was superior this time around. With best-in-class asset quality, strong growth momentum and a focused approach to retail banking, Yes ... Read More »

Market Live: Nifty hits 10,100, Sensex touches 32,600 on F&O expiry, upbeat Q1 earnings

Mumbai: The benchmark BSE Sensex soared to a fresh life-time high of 32,646.21 and the NSE Nifty hit a new high of 10,106.75 on continued buying by investors driven by encouraging earnings by corporates amid positive global cues. Short-covering of bets, Thursday being the last session of July expiry in the derivatives segment, kept the sentiment upbeat. Rising for the second ... Read More »

How Your Next Vehicle Could Save on Income Taxes

Did you know you could save up to $7,500 on your next vehicle — if that vehicle happens to be an all-electric or plug-in hybrid car? And that doesn’t even count any savings on fuel at the pump by using an electric vehicle! Most business people are aware that they can write off some of the costs of operating a ... Read More »

Don’t panic on that WhatsApp message! No bank is closing down

There are increasing number of messages on WhatsApp and other social media platforms informing people about closure of nine banks. However, these are baseless, untrue and all depositors’ money is safe, according to Finance Ministry and the Reserve Bank of India (RBI). Since last few weeks, Whatsapp Groups have seen a barrage of messages claiming closure of nine public sector ... Read More »

Don’t panic on that WhatsApp message! No bank is closing down

There are increasing number of messages on WhatsApp and other social media platforms informing people about closure of nine banks. However, these are baseless, untrue and all depositors’ money is safe, according to Finance Ministry and the Reserve Bank of India (RBI). Since last few weeks, Whatsapp Groups have seen a barrage of messages claiming closure of nine public sector ... Read More »

How-To Videos Among the Most Watched on YouTube

Want to drive more traffic to your YouTube channel? Make sure you upload more how-to videos because they are among the most watched on the site. This insight comes from data presented by San Francisco-based video production company, Visual Z Studios. Why You Should Post How-To Videos Research reveals how-to and style videos on YouTube receive, on average, 8,332 views. This makes ... Read More »

Why Trump just slapped new sanctions on Chinese banks

cThe Trump administration’s months-long effort to be gentle in encouraging China to rein in North Korea is officially over. On Thursday, the White House announced that it’s slapping sanctions on a Chinese bank, a Chinese company, and two Chinese individuals for their ties to North Korea — an unambiguous sign that patience over China’s reluctance to help curtail Pyongyang’s nuclear ... Read More »

U.S. first quarter economic growth revised up on jump in consumer spending

The U.S. economy slowed less than feared in the first quarter due largely to a jump in consumer spending, providing a slightly more encouraging outlook for growth this year. Gross domestic product increased at a 1.4 percent annual rate instead of the 1.2 percent reported last month, the Commerce Department said in its final assessment for the period on Thursday. ... Read More »

Buy, Sell, Hold: 3 stocks and 1 sector on analysts’ radar today

While retaining buy rating with increased target price at Rs 780 (from Rs 750 earlier) on Aurobindo Pharma, Jefferies said the company has launched 3 products in Q1FY18, driving a 5 percent FY18 EPS upgrade. The research firm has adjusted its EPS for the recent launches & raised FY18-19 EPS by 5-2 percent, saying the launches also underscore company’s R&D ... Read More »

Government To Launch National Data Repository On June 28

New Delhi: The government will next week launch India’s maiden National Data Repository (NDR) that will assimilate, preserve and upkeep country’s vast sedimentary data for future use in oil and gas exploration and production. Finance Minister Arun Jaitley and Oil Minister Dharmendra Pradhan will on June 28 launch the NDR, which will aid India to switch over to an open ... Read More »