Finance

Week ahead in business and finance

Monday Full-year results MJ Gleeson Trading update Dairy Crest Economics CPI (EZ) Tuesday The focus at Ocado is shifting from bagging overseas contracts to executing them. The FTSE 100 firm’s shares have surged after striking deals to supply its automated warehouses to companies in France, Canada, Sweden and the US. City analysts now expect the flow of deals to slow. ... Read More »

KNR Constructions rises 6% on sanction from bank to finance HAM project worth Rs 1,234cr

Shares of KNR Constructions rose 6.5 percent intraday Friday after company received bank sanction to finance HAM Project (Hybrid Annuity Mode) worth Rs 1,234 crore. It has touched an intraday high of Rs 213.00 and an intraday low of Rs 203.65. KNR Shankarampet Projects, a wholly owned subsidiary of company has received sanction from bank to finance its HAM project. With the ... Read More »

Regional disparities to top 15th Finance Commission’s agenda in Maharashtra

15th Finance Commission chairman N.K. Singh. Photo: HT Mumbai: Sharp regional and sectoral disparities within Maharashtra and the challenges of rapid urbanization will top the 15th Finance Commission’s Mumbai consultations from 17 to 19 September. The Commission, led by chairman N.K. Singh, held its first round of consultations with economists in Pune in August. In Mumbai, the Commission will meet representatives ... Read More »

SBI hikes retail fixed deposit (FD) rates but reduces shorter term bulk deposit rates

SBI FDs with maturity between 5 and 10 years will now fetch an interest rate of 6.85% India’s largest bank, State Bank of India or SBI, has increased interest rates retail fixed deposits or FDs, below Rs 1 crore. The revised rates came into effect from 30 July, just ahead of the RBI’s monetary policy announcement on 1 August. The higher ... Read More »

Bank FDs vs gold vs stocks: How much you would have earned

Photo: iStock Various asset classes give different returns, which is why a portfolio must have an ideal mix of investments. Here’s how four asset types have done in different periods. Click here for enlarge [“Source-livemint”] Read More »

Cracking the Code on Commercial Real Estate Loans

Financing is a big part of getting the right commercial location secured to start a small business. Here’s a few important boxes to check on where to find commercial real estate loans and how to get approved for one. Like the name implies, commercial real estate loans are a mortgage loan that applies to a commercial as opposed to a residential property. ... Read More »

Escalating trade battle embroils G-7 finance meet

Amid threats of imminent tariffs on metals and auto imports, escalating trade tensions between Europe and the United States were casting a shadow over a meeting of finance ministers from the world’s top economies. PHOTO: EPA-EFE [WHISTLER, Canada] Amid threats of imminent tariffs on metals and auto imports, escalating trade tensions between Europe and the United States were casting a ... Read More »

Finance Chiefs Face Fresh Crisis Worries Amid Italy Turmoil

Global finance chiefs will be back in crisis-management mode this week as the Group of Seven grapples with the market shock waves from Italy’s political woes. Finance ministers and central bankers from the G-7 nations — who oversee almost half of the global economy — begin three days of meetings at the Canadian ski resort town of Whistler, British Columbia on Thursday ... Read More »

Aye Finance claims to have disbursed 60,000 loans to MSMEs

Aye services over 50 industry clusters in India through its 73 branches, including sports goods manufacturing, hosiery, gota work, marble inlay work, amongst others BENGALURU: Gurgaon based digital lending startup Aye Finance claims to have disbursed 60,000 loans since its inception in 2014 to micro small and medium enterprises giving out a total of Rs 700 crore. “On April 2014, the company gave its ... Read More »

Planning to take a home loan? Here’s a checklist for you

When you plan to go for a home loan, don’t look at interest rate in isolation. Besides interest rate, check for processing charges and other costs too. Photo: iStockphoto Home loans are usually one of the only big ticket loans an individual takes. As the amount is huge, it is important that you opt for the right one. Types of ... Read More »