Tag Archives: not

Cheaper loans not possible without deposit rate cut: HDFC Bank CEO Aditya Puri

In the last quarter, many banks had increased deposit rates fearing that there will be a liquidity crunch in the system, due to which their MCLR has also become higher. File Photo New Delhi: The Reserve Bank of India slashed repo rate, the rate at which the central bank lends money to banks, by 25 basis point earlier this month ... Read More »

Power Finance not to extend open offer to REC’s minority holders

Power Finance Corp said on Monday the company was not considering extending the open offer to the minority stakeholders for its deal with REC Ltd. There has been no finalisation on the deal value, the non-banking finance company said. The Indian government had approved a plan in December by one state-owned lender to the power industry, Power Finance, to buy a ... Read More »

This is not a runaway market: Quality stocks that fell in 6-8 months are up for grabs

After a sharp selloff in October 2018, domestic equity indices marked a decent recovery in the first fortnight of November 2018 mainly underpinned by a sharp decline in crude prices (20 percent down from the peak in October 2018) easing concerns over deteriorating twin deficits and stability in the Indian rupee. Renewed buying from foreign institutional investors also helped in ... Read More »

‘We knew about the need to invest but did not know how much risk to take’

Bhavani and Kumar were aiming for financial independence. But they didn’t know at what amount that will be, and when. Also, they had not considered the risks that could derail their plans. “I was always interested in finance. I knew about investments, but not risks. Also, we didn’t know how much risk we could take, how much had to be ... Read More »

Dividends are growing — but the market’s not buying it quite yet

Zimmytws | Getty Images Markets have started the year in skittish fashion. Fears about emerging inflation in the U.S. and elsewhere has focused investor attention on the 10-year Treasury yield, the so called “risk free” rate of return. As it flirts with the 3 percent level investors are reviewing the relative return that can be wrung from equities before the ... Read More »

A fundamental change is underway in the financial markets, and it will not be pleasant

It starts with money and rates. There is a hot debate among the bulls and the bears as to whether the recent change in equity valuations represents technical market factors that will be quickly reversed or a fundamental change that will take some time to play out. I am of the view that there is a meaningful fundamental change underway. ... Read More »

What changed for the market ahead of Budget Day? 10 things you should not miss

The Nifty, which started on a muted note, recouped losses but failed to hold on to gains and closed near its opening levels forming an indecisive Doji kind of pattern on the daily candlestick charts. The Nifty50 which opened at 11,018 rose to an intraday high of 11,058 which made a small upper shadow, but bears quickly took control and ... Read More »

Eric Bensley of Salesforce: Small Businesses Want Practicality When it Comes to AI, Not Big Concepts

Last week at Dreamforce, I had the great pleasure of receiving a guided tour of the Small Business Lodge by Eric Bensley, Senior Product Director of Marketing for Salesforce, and Rekha Srivatsan, Senior Product Marketing Manager for Salesforce. There were several hundred people sitting in, doing one-on-one sessions with Salesforce engineers, and watching demos of different Salesforce applications. To get even ... Read More »

Not linked Aadhaar with your SIM, bank accounts, financial savings? Deadlines are nearing; here’s how to do it

English author, Douglas Adams, once said, “I love deadlines. I love the whooshing noise they make as they go by.” If you are someone like Adams, you will surely get into trouble, especially when it comes to meeting Aadhaar deadlines in our country. This 12-digit number has now become mandatory for several purposes, from filing your income-tax returns to getting ... Read More »

Economy is on a downhill path, demonetisation was not required at all: Manmohan Singh

Former Prime Minister Manmohan Singh on Friday said the economy is on a “downhill path” because of the “adventure” of demonetisation undertaken last year which was not required at all, either technically or economically. Singh, a renowned economist considered to be the architect of the reforms of early 1990s, said demonetisation has not been successful in any civilised country, except ... Read More »