Tag Archives: with

Banks close FY19 with 13.24% credit growth, deposits up 10.03%

Banks closed fiscal 2019 with robust disbursals that rose in double-digits for the second year in row, after the sub-5 percent in FY17, which was the lowest in five decades. According to the Reserve Bank data released Thursday, bank credit rose 13.24 percent to Rs 97.67 lakh crore for the fortnight to March 29, while deposits grew by 10.03 percent to Rs ... Read More »

Bank branches dealing with government business to remain open this Sunday: RBI

MUMBAI: The Reserve Bank of India (RBI) on Tuesday directed banks to keep open their branches dealing with government business on the last day of the financial year (March 31), which happens to be Sunday. “The Government of India has advised that all Pay and Account Offices will remain open on March 31, 2019 (Sunday) to facilitate government receipt and payment ... Read More »

Family finance: Salaried Raj can meet his financial goals with ease

Sam Raj is a marketing professional, who is currently single and gets a monthly salary of Rs 2.1 lakh. He stays in a rented accommodation in Hyderabad, but has bought a house worth Rs 75 lakh, for which he has taken a Rs 55 lakh loan and is paying an EMI of Rs 55,000. Besides the house, his portfolio comprises ... Read More »

Kia Motors joins hands with Axis Bank

Kia Motors on February 11 said it has tied up with Axis Bank for banking and financing solutions. As a part of this agreement, the private sector lender will now offer one-stop banking and financing solutions such as inventory funding, cash credit, auto loans and fast tags to the dealers and customers of Kia Motors. “This partnership with Axis Bank ... Read More »

Obsessed with consumption stocks? You might just miss this goldmine

NEW DELHI: If you are looking at consumption as a big stock investment theme in the hope of big pre-election sops for rural India, think again. Capex revival might just turn out to be a more rewarding theme. There are early signs of a revival in the private capex cycle, as signalled by improved capacity utilisation levels across industries. Reasonable ... Read More »

Elon Musk is a genius but working with him is messy, say Tesla employees

Elon Musk is a name that needs no introduction. Today, his name is synonymous Tesla, the company that has revolutionised the way the world, and even the car-making veterans like BMW and Mercedes-Benz and Audi, looks at cars. However, Tesla is not the only reason why Musk has become a popular figure in the present time. The SpaceX founder, apart ... Read More »

Cramer: Pick individual stocks with long-term growth stories in this ‘treacherous’ market

Cramer: Pick stocks with long-term growth stories   8 Hours Ago | 01:26 Between the mixed messages on U.S.-China trade and concerns about an economic slowdown, day-to-day stock-picking is becoming very challenging for the average investor, CNBC’s Jim Cramer acknowledged on Tuesday. “We’ve got to call a spade a spade. This market isn’t just volatile, it’s treacherous,” he said after yet ... Read More »

Discovery looks to create a ‘golf Netflix’ with coaching videos from Tiger Woods as the centerpiece

Watch CNBC’s full interview with Tiger Woods   9:53 AM ET Wed, 28 Nov 2018 | 16:36 Will people pay to have Tiger Woods as a golf coach? Discovery, which just struck a multiyear global content collaboration deal with the 14-time major championship winner, is betting the answer to that question is yes. GolfTV, a new digital streaming service jointly created ... Read More »

Dow ends volatile November with more than 150-point rally on hopes of a US- China trade deal at G-20

Stocks closed a volatile month with strong gains on Friday on renewed bets the U.S. and China could strike a deal on trade. The Dow Jones Industrial Average rose 199.62 points to close at 25,538.46. The S&P 500 and Nasdaq Composite both gained 0.8 percent to close at 2,760.17 and 7,330.54, respectively. Stocks wobbled for most of the session until ... Read More »

JP Morgan sees a slowdown coming, with economy growing at less than 2 percent in 2019

Frederic J. Brown | AFP | Getty Images A container delivery truck passes containers stacked at the Port of Long Beach in Long Beach, California on July 6, 2018, including some from COSCO, the Chinese state-owned shipping and logistics company. – JP Morgan economists expect economic growth to slow down in 2019, to a pace of 1.9 percent for the ... Read More »