Tag Archives: rise

Dalal Street week ahead: Market likely to remain choppy; protect profit on every rise

The week gone by remained as flat as it could get. In our previous weekly note, we had projected the market to remain volatile with the 11,760 level providing stiff resistance to any rally. On those projected lines, the market remained volatile, headed nowhere and continued to face resistance at the 11,760 level before finally ended the week flat with ... Read More »

Indian startups make a beeline for funding at RISE

Organisers say there is a 40% increase in number of participants this year and more than 500 investors are attending From tattooing to dress rentals to security solutions, there is an astounding variety of Indian startup dreams searching for funding at ‘RISE 2018’, Asia’s largest tech event currently on in this bustling Asian business capital. By a rough count, as ... Read More »

Home finance cost on the rise: What should homebuyers do?

The impact of the hike on customers depends on whether the loan is benchmarked against the base rate of MCLR. Most of the banks in India recently hiked their Marginal Cost of Lending Rates (MCLR) by 5-10 basis points. And with the banks stepping up their MCLR, housing finance institutes are also following suit. It is although not yet clear ... Read More »

The rise and rise of ‘halal’ business

When Kerim Ture placed his first order for a batch of long-sleeved tunics that could be worn by Muslim women, the manufacturers producing them demanded payment upfront, apparently convinced the venture would fail and Ture would be left unable to pay them. The Turkish entrepreneur quickly proved that their scepticism was unfounded, and he was back shortly afterwards to place ... Read More »

Report: Small Business Job Creation Down .02 Percent as Wages Continue to Rise

Small business job growth in the U.S. has slowed for the sixth straight month as wages for these jobs continues to rise. That’s according to the latest Paychex | IHS Small Business Employment Watch for August. August 2017 Small Business Employment Statistics The Small Business Jobs Index did show a slight dip that was negligible. The index across the country declined ... Read More »

If the US economy is going to grow faster, the US budget deficit has to rise: Strategist

Need policy action for markets to get to next level: Pro  Tuesday, 21 Feb 2017 | 6:07 AM ET | 02:18 The U.S. economy cannot grow faster without its budget deficit rising, either through increased spending or lower taxes, according to one investment strategist. But getting there won’t be politically easy. The “fiscal deficit has to widen. If it doesn’t widen, ... Read More »

Tesco hails ‘strong progress’ as sales rise

Tesco has reported a rise in Christmas sales, helped by strong demand for fresh food. Christmas like-for-like sales, which strip out the impact of new store openings, grew 0.7% in the UK, and were up by 0.3% across the group as a whole. Chief executive Dave Lewis said the supermarket giant had made “sustained strong progress”. But Tesco shares dropped ... Read More »

Takata shares rise on US airbag settlement reports

Shares of Japanese airbag manufacturer Takata have risen on reports it will settle a lawsuit with US regulators. The firm is expected to pay up to $1bn (£822m) and plead guilty to criminal wrongdoing over faulty airbags, which have been linked to at least a dozen deaths and more than 100 injuries. Most major carmakers have been affected by the ... Read More »

Jaguar Land Rover and Rolls-Royce car sales rise

Jaguar Land-Rover and Rolls-Royce Motor Cars have both reported a rise in annual sales for 2016. Rolls-Royce delivered 4,011 cars to customers in 2016, a 6% increase on the previous year and its second highest sales record in its 113-year history. Jaguar Land-Rover (JLR) sold a record 583,312 cars last year, a 20% increase on last year. There was particularly ... Read More »

Oil prices rise in anticipation of tighter 2017 market

Oil prices rose on Monday in anticipation of tighter crude supply going into 2017 following the decision by OPEC and other producers to cut output to prop up prices. Brent crude futures LCOc1, the international benchmark for oil prices, were trading at $55.57 per barrel at 0401 GMT, up 36 cents, or 0.7 percent, from their last close. U.S. West ... Read More »