Tag Archives: post

India Post Payments Bank pan-India rollout from May

India Post Payments Bank plans to roll out its branches across India from May 2018 with an investment of about Rs 1,450 crore, Postal secretary Ananta Narayan Nanda said on Monday. “By April, all our systems will be ready. We will start rolling out all India Post Payments Bank (IPPB) branches between May and September,” Nanda told PTI. He said ... Read More »

Stock markets post best one-month pre-Budget gain in 13 years

Indian stock markets have posted their best one-month pre-budget gain in 13 years. Benchmark indices have gained 5.6% in the month to Thursday’s Union Budget, riding the coat tails of a worldwide equities rally. Abundant liquidity and expectations that the budget will boost the rural economy and revive private investment, without compromising on fiscal prudence, have aided the run-up. The ... Read More »

Government Asks Traders To Issue Advertisements About Price Hike Post GST

New Delhi: The government on Friday asked traders and businesses to immediately issue advertisements informing the public about increase in maximum retail price (MRP) on mass consumption products post implementation of GST. To clear pre-GST stocks, the government had earlier this week allowed use of dual stickers reflecting the new rate along side the old printed price of a product for ... Read More »

Stocks close lower as Wall Street braces for French election, but post weekly gains

U.S. stocks closed lower in choppy trade Friday as investors looked ahead to the French election. Wall Street also digested falling oil prices and comments from the Trump administration on tax reform. The Dow Jones industrial average fell about 30 points with IBM contributing the most losses. The index briefly turned positive in afternoon trade after President Donald Trump told ... Read More »

InterGlobe Aviation shares shed 11% to hit one-month low post June quarter earnings

Shares of InterGlobe Aviation tanked over 11 per cent to hit their one-month low after the company, which owns budget carrier IndiGo, reported around 7.4 per cent decline in net profit at Rs 591.77 crore in the June quarter. The company had posted a net profit of Rs 638.89 crore in the same period last fiscal year. Reacting to the ... Read More »

Britannia Industries shares tumble 8% post March quarter

Shares of Britannia Industries slumped nearly 8 per cent on Monday despite the company reporting a 13.7 per cent increase in its consolidated net profit at Rs 190.2 crore for the March quarter. The stock slipped as much as 7.84 per cent to Rs 2,703.40 on BSE. The company had posted a net profit of Rs 167.3 crore in the ... Read More »

U.S. consumer prices post largest gain in three years; housing starts up

U.S. consumer prices recorded their biggest increase in more than three years in April as gasoline and rents rose, pointing to a steady inflation build-up that could give the Federal Reserve ammunition to raise interest rates later this year. Other data on Tuesday showed housing starts rose more than expected last month, with builders ramping up the construction of single ... Read More »

A Facebook post proves nothing gets past Woolworths

A WOMAN who tried to outsmart Woolworths has been seriously burned by the supermarket giant online. She posted on the company’s Facebook page complaining about the state of some avocados she bought from a store in Double Bay. “I purchased these avocados from your store at Double Bay yesterday, upon making a sandwich today I came to find these avocados ... Read More »