Tag Archives: say

Trading Calls: Buy Titan, Bajaj Finance, Exide Industries, Say Experts

The stock markets extended record run in trades today with Sensex hitting fresh all-time high of 30,346.79 and Nifty rising to hit record high of 9,450.65. The record run in the stock markets came after a pause on the back of whether department predicting stronger-than-expected rains which will help boost rural incomes for those who are dependent on agriculture for ... Read More »

7th Pay Commission: Pay hike to boost growth, say India Inc, analysts

India Inc, analysts gave thumbs up to the Union Cabinet decision to clear the 7th Central Pay Commission recommendations, stating the move will “boost consumption in the economy” and lead to higher GDP growth. The pay hike combined with continued public push to the capital expenditure will help steer the economy to higher growth levels of 8 per cent and ... Read More »

PM and Finance Minister say they’re open to RBNZ proposal for new Macro-Prudential measures, including debt-to-income limits

Prime Minister John Key and Finance Minister Bill English have signalled they are open to a potential Reserve Bank proposal to limit debt-to-income ratios, just as is currently done in Britain. Reserve Bank Governor Graeme Wheeler and Deputy Governor Grant Spencer said earlier today at their news conference releasing the latest half-yearly Financial Stability Report that they were seriously considering ... 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 »

US banks not prepared for another financial crisis, say federal regulators

Some of the US’s biggest banks still lack a proper plan for bankruptcy, in the event of another major financial crisis, US regulators said on Wednesday. In the wake of the great recession banks were required to come up with “living wills” to prove they had a credible plan for bankruptcy that would not require another bailout from the taxpayers. ... Read More »

Brexit campaigners say Easter eggs will be cheaper if Britain leaves EU

Leaving the EU could cut the cost of Easter eggs, pro-Brexit campaigners claimed. Unilateral trade deals with chocolate-producing countries Indonesia, Nigeria and Brazil could remove “punitive tariffs” imposed by Brussels on imports of cocoa-based sweet treats, Vote Leave said. As much as £1.28 of the cost of a £10 egg was accounted for by such charges. it calculated, which are ... Read More »

ANZ’s bad loans to miners are just ‘tip of the iceberg’, analysts say

Bank says writedowns have risen $100m to $900m in a month thanks to commodity prices but analysts point to a crisis for coal industry ANZ increased its projected costs associated with lending to the mining and resources industries from $800m to $900m. Photograph: Greg Wood/AFP/Getty Images An announcement today that ANZ is absorbing a bigger than expected loss as a ... Read More »