Tag Archives: the

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 »

Making sense of the Budget: Here are 10 charts that will help

The union budget is the most awaited economic exercise of the year. Thursday’s budget will be the last full budget of the Narendra Modi government before the 2019 elections. This also increases its political significance. Here are 10 charts which can help you understand the budget better. What do BE, RE and AE figures mean? The budget is not just ... Read More »

China’s 2017 GDP Accelerates For The First Time In Seven Years

China’s GDP grew 6.8 percent in the December quarter from a year earlier Beijing: China’s economy grew faster than expected in the fourth quarter of 2017, as an export recovery helped the country post its first annual acceleration in growth in seven years, defying concerns that intensifying curbs on industry and credit would hurt expansion. The official growth figures released on ... Read More »

Digital Now A Critical Element Of The Market, Says Infosys CEO Salil Parekh

Salil Parekh has been appointed as CEO of Infosys effective from January 2 Bengaluru: Underlining the huge potential of the digital business, Infosys CEO and MD Salil Parekh today said it is a critical element of the market. Addressing journalists while announcing the third quarter results, Parekh said, “We are very clear in any case that the market has evolved and ... Read More »

Indian Online Portal, Wholesale Market Listed As “Notorious” By The US

WASHINGTON:  Popular Indian portal IndiaMart.com and Delhi’s wholesale market Tank Road have featured in the annual American notorious markets list which was released on Friday and is topped by China. The list released by the US Trade Representative (USTR) highlights 25 online markets and 18 physical markets around the world that are reported to be engaging in and facilitating substantial copyright ... Read More »

Artificial Intelligence To Revolutionize Finance Department And Change The Role Of Accountants

LOS ANGELES, Jan. 8, 2018 /PRNewswire/ — Finance & Accounting departments are experiencing fundamental changes as artificial intelligence (AI) software becomes more sophisticated, changing the type of work completed by current staff, according to research results released by BlackLine, Inc. (Nasdaq: BL), a leading provider of financial controls and automation software that enables Continuous Accounting. The research, conducted by Censuswide, incorporates the responses of 300 ... Read More »

White House says the stock market is cheap right now

Brendan Smialowski | AFP | Getty Images Secretary of the Treasury Steven Mnuchin (L), National Economic Council Director Gary Cohn (C) and US Secretary of Commerce Wilbur Ross wait for President Donald Trump to speak about newly passed tax reform legislation during an event at the White House December 20, 2017 in Washington, DC. In an usual move for the ... Read More »

Commentary: The ‘Bomb Cyclone’ Could Bomb This Region’s Economy

The 2018 “bomb cyclone” won’t necessarily have the strongest impact on the Northeast U.S., as has been suggested in the media. Instead, the deepest consequences will be felt down map, where wearing heavy gloves and snow boots is not business as usual. The first days of 2018 brought the first snowfall to Louisiana’s Gulf Coast and areas of Florida in 30 years. Of course, ... Read More »

Market Now: Check out the stocks that cracked over 5%

NEW DELHI: Shares of Shekhawati Poly-Yarn (down 7.14 per cent), Sterling Biotech (down 6.93 per cent), Diamond Power (down 5.20 per cent) and CKP Products (down 5.09 per cent) cracked over 5 per cent in morning trade on Thursday, even as broader markets remained in the positive zone. On the other hand, Bombay Rayon Fashions (down 4.99 per cent), Lasa ... Read More »

Why we should worry about the fall in bank credit

A curious crisis: Investors unwilling to borrow, banks reluctant to lend Growing economies show increasing deployment of bank credit, but in India this has been decreasing for years and is now falling flat. This impacts economy in myriad ways January 1, 2018: In most market economies, the disbursal of bank credit is usually a relatively reliable indicator of the extent ... Read More »