URL
stringlengths
41
249
Content
stringlengths
52
49.7k
Summary
stringlengths
2
614
Sentiment
stringclasses
3 values
https://www.businesstoday.in/current/economy-politics/chidambaram-modi-budget-2020-zero-questions-5-trillion-economy-target/story/395656.html
Former finance minister P Chidambaram, during an interview with India Today on Thursday, rated Modi government's Budget 2020 as "zero". He said the compelling need of the hour was to arrest the six-quarter decline and revive growth, but the budget offered nothing. "Therefore, I would not hesitate to rate it zero," he s...
former finance minister rated the budget 2020 as "zero" he said the budget offered nothing to revive growth. he said the need of the hour was to arrest the six-quarter decline. he said the Centre claimed inflation was under control. he said the infusion of Rs 100 lakh crore in infrastructure is "all puffery". he said t...
Negative
https://www.livemint.com/Politics/t87eOLBL2RPw7JiUlhrwaL/RBI-rate-hikes-may-hurt-farmers-study-says.html
New Delhi: Later this week, the Reserve Bank of India’s (RBI) Monetary Policy Committee will meet to provide its assessment of inflation in India and, accordingly, set the repo rate. At the meeting, they will consider various factors that threaten inflation. It was based on one of these factors—the increase in minimum...
RBI raised the repo rate earlier this year based on increase in minimum support price (MSP) for crops. but new study suggests fears may have been overstated and the move could hurt farmers. only 10% of farmers are even aware of MSP before they sow their crops. authors argue hike could aggravate India’s agriculture cris...
Negative
https://www.financialexpress.com/money/commercial-real-estate-may-do-well-in-post-covid-19-world/1970958/
The outbreak of COVID-19 has created a global health crisis, and its economic impact is also bigger. The abrupt halt of urban activities has led to a demand, supply and market shock. Reports suggest that the Indian GDP took an immense hit as its three major contributors – private consumption, investments, and external ...
the outbreak of COVID-19 has created a global health crisis. it has also led to a demand, supply and market shock. constructions were stopped for a month at the project sites. a colliers report foresees continuity in private equity investment in the sector. commercial realty is expected to bounce back once the lockdown...
Negative
https://economictimes.indiatimes.com/industry/telecom/telecom-news/chinas-huawei-zte-set-to-be-shut-out-of-indias-5g-trials/articleshow/77528916.cms
China’s Huawei Technologies Co. and ZTE Corp. are set to be kept out of India’s plans to roll out its 5G networks as relations between the two countries hit a four decade low following deadly border clashes.The South Asian nation will apply investment rules amended on July 23 that cite national security concerns to res...
the country will apply investment rules amended on July 23. the move cites national security concerns to restrict bidders from nations it shares land borders with. the move echoes actions by the u.s., uk and australia. the process to auction 5G may spill into next year. both companies were declared national security th...
Negative
https://www.moneycontrol.com/news/india/coronavirus-wrap-april-14-here-are-the-top-developments-of-the-day-5146451.html
Representational picture The number of coronavirus cases in India breached the 10,000 mark with 1,463 infections being recorded in the past 24 hours— the sharpest ever spike in cases since the outbreak began in the country. The total number of deaths due to the infection stood at 353. Here are the latest updates fro...
the number of coronavirus cases in india breached the 10,000 mark. the sharpest ever spike in cases since the outbreak began in the country. the total number of deaths due to the infection stood at 353. a vaccine works by mimicking a natural infection. a vaccine not only induces immune response to protect people from a...
Negative
https://www.financialexpress.com/industry/sme/msme-fin-small-businesses-struggle-to-survive-amid-covid-19-may-tap-into-working-capital-loans-to-sustain-ahead/1922693/
Credit and Finance for MSMEs: Small and medium businesses, which constitute 19.3 per cent of the total bank loan, are likely to tap into their sanctioned working capital limits by banks amid squeezing liquidity and financial crisis due to the Covid-19 outbreak. “We expect immediately that companies will draw more from ...
small and medium businesses are likely to tap into working capital limits. banks are squeezing liquidity and financial crisis due to the covid-19 outbreak. small retailers are likely to lay off 30 per cent of their employee strength ahead. medium retailers are expected to cut 12 per cent of their manpower. a survey by ...
Negative
https://economictimes.indiatimes.com/small-biz/sme-sector/a-blanket-ban-on-chinese-goods-not-in-the-best-interest-of-india-calibrated-well-thought-out-strategy-needed-fieo/articleshow/76626415.cms
New Delhi: An outright blanket ban is not in the best interest of India and is “not feasible at the moment, industry body Federation of Indian Export Organisations FIEO ) on Thursday said.Amid growing calls in the country to boycott made-in-China goods, FIEO is all for “a calibrated, well-thought-out strategy” on the i...
FIEO is all for a "calculated, well-thought-out strategy" on the issue. there are many items belonging to 'essential imports' category. if China takes retaliatory measures then the blow to Indian players will be more damaging. 'we are all against a knee jerk, emotion-led reaction on the issue'
Negative
https://www.businesstoday.in/current/corporate/rils-rs-53000-cr-rights-issue-opens-may-20-should-you-subscribe/story/404225.html
The Rs 53,125 crore rights issue of Reliance Industries Limited (RIL) will open on May 20 and close on June 3. India's biggest and first such issue by the firm in nearly three decades offers one share for every 15 held at Rs 1,257, a 14.8 per cent discount from the current market price (CMP). The last time RIL tapped t...
the rights issue of Reliance Industries Limited (RIL) will open on may 20 and close on June 3. the company has been offering one share for every 15 held at a discount of 14.8%. analysts see the rights issue as an attempt by the company to cut its debt. the last time the firm tapped the public for funds was in 1991 via ...
Negative
https://economictimes.indiatimes.com/markets/stocks/earnings/tata-steel-expects-recovery-in-the-second-half-of-the-fiscal/articleshow/76712545.cms
Weak demand and high debt could put severe pressure on Tata Steel ’s balance sheet in the coming quarters. Although the company’s March quarter performance was better than the street’s expectations, the June and the September quarter are expected to be hit by weak demand. The company has started to conserve cash by def...
the company's March quarter performance was better than the street's expectations. the June and the September quarter are expected to be hit by weak demand. sharp fall in the operating margin before depreciation and amortisation (EBITDA) has escalated the company's debt burden. the company expects a 16% drop in the eur...
Negative
https://www.financialexpress.com/industry/banking-finance/repayment-moratorium-to-postpone-asset-quality-stress-recognition-by-1-2-quarters-icra/1917463/
Rating agency Icra on Thursday said that the three-month moratorium on repayments provided by the Reserve Bank of India (RBI) would postpone recognition of asset quality stress by 1-2 quarters. The agency said lenders with higher share of asset classes such as microfinance, commercial vehicles and MSMEs will be more vu...
Icra says the three-month moratorium on repayments by the RBI will postpone recognition of asset quality stress by 1-2 quarters. the rating agency expects the GDP growth to slow down to 2% during FY21. banks are expected to cut their one-year deposit rates by about 50-70 basis points (bps) during FY21. some private ban...
Negative
https://www.businesstoday.in/sectors/auto/dealers-body-claims-covid-19-aftermath-may-result-in-more-job-losses-than-auto-slowdown/story/406887.html
Automobile dealers' body FADA fears that the coronavirus pandemic could result in job losses in dealerships which could be worse than what was experienced last year when over two lakh jobs were lost due to a prolonged slowdown in the automobile industry, according to a top federation official. The Federation of Automo...
coronavirus pandemic could lead to job losses in dealerships, says federation official. a clear picture will emerge only after the end of this month, says president. a survey will be launched to understand how dealers are planning to reduce outlets and manpower. between may and July last year, dealerships shed around 2...
Negative
https://www.businesstoday.in/current/economy-politics/liquidity-pressures-after-covid-19-disruption-will-remain-high-for-nbfcs-rbi-study/story/406645.html
The coronavirus-induced lockdown has led to worsening financing conditions for non-banking financial companies (NBFCs), especially those that lower-rated and private sector ones. As per an estimate, around Rs 1.08 lakh crore worth of borrowings of NBFCs will mature in the next three months, which will put a lot of stra...
coronavirus lockdown has worsened financing conditions for non-banking financial companies. around Rs 1.08 lakh crore worth of borrowings of NBFCs will mature in the next three months. Regulatory or liquidity measures taken by the Reserve Bank have had a salutary impact on financial markets. a study assessed the househ...
Negative
https://www.moneycontrol.com/news/business/economy/4-5-gdp-growth-rate-unacceptable-worrisome-manmohan-singh-4687151.html
Former prime minister Manmohan Singh said on November 29 the GDP growth rate of 4.5 per cent was unacceptable and worrisome, and urged his successor Narendra Modi to set aside "deep-rooted suspicion" of society and nurse India back to harmonious, mutually trustworthy society that can help the economy soar. Delivering ...
former prime minister says 4.5 per cent growth rate is unacceptable. he urges his successor to nurse India back to harmonious, mutually trustworthy society. he says distrust, fear and a sense of hopelessness in society is stifling economic activity. he says the "toxic combination of deep distrust, pervasive fear and a ...
Negative
https://www.financialexpress.com/india-news/probe-underway-in-63-moons-complaint-over-abuse-of-official-powers-against-p-chidambaram-cbi-tells-bombay-hc/2050588/
The CBI told the Bombay High Court on Monday that it was conducting preliminary enquiry into the complaint filed by 63 moons technologies limited against former Union finance minister P Chidambaram and two other bureaucrats alleging abuse of official powers. CBI advocate Hiten Venegavkar told a division bench of Justi...
63 moons technologies limited filed complaint against former finance minister and two bureaucrats alleging abuse of official powers. court was hearing petition by company questioned 'delayed' action by the central bureau of investigation (CBI) against senior Congress leader Chidambaram and bureaucrats K P Krishnan and ...
Negative
https://www.moneycontrol.com/news/business/markets/brokerages-upgrade-these-15-stocks-to-buy-expect-11-75-returns-in-a-year-5320421.html
live bse live nse live Volume Todays L/H More × The market has not seen any strong move on either side for last one-and-half-month after showing a recovery in April. The rising cases of new infections, worries over economic and earnings growth due to lockdown, and increasing tensions between US and China continued t...
market has not seen any strong move on either side for last one-and-half-month. rising cases of new infections, worries over economic and earnings growth continued to worry the market participants. stable oil prices, fiscal & liquidity measures by RBI and the government saved the market from completely losing ground. e...
Negative
https://www.businesstoday.in/sectors/it/why-it-firms-are-not-worried-about-us-suspension-of-h1-b-visas/story/407791.html
US President Donald Trump in his latest executive order, a follow-up of the earlier April order intended to protect American jobs, has suspended the entry of several categories of visa holders including H1B and L which most IT firms apply for to send their workforce to the United States. Though the proclamation has a s...
the order suspends entry of several categories of visa holders. it also limits entry of 'aliens' into the us, to those who are outside the country. the proclamation has a sunset clause at the end of the year. the biggest concern for companies is to find the right talent in the us. a report by the brokerage says every 1...
Negative
https://economictimes.indiatimes.com/markets/stocks/news/conflict-of-interest-between-sbi-sbi-capital-markets-catches-rbi-eye/articleshow/63757235.cms
Mumbai: The Reserve Bank of India ( RBI ) has pointed out a ‘conflict of interest’ between State Bank of India (SBI), the country’s largest lender, and its subsidiary, SBI Capital Markets SBI Capital is a leading player in syndication of big-ticket loans for corporate India and rejigging of debt amid rising stress. The...
RBI points out 'conflict of interest' between state bank and subsidiary. regulator has conveyed view to recast operations of investment banking arm. exercise could lead to hiving off cash-spinning loan syndication division. officials strongly refute allegation, saying no bank can blame group. sBI is likely to merge deb...
Negative
https://www.moneycontrol.com/news/business/markets/oil-falls-in-second-straight-session-as-virus-cools-demand-5470131.html
Oil prices fell for a second straight session on Monday as coronavirus cases rose in the United States and other places, leading countries to resume partial lockdowns that could hurt fuel demand. Brent crude dropped 66 cents, or 1.6%, to $40.36 a barrel by 1150 GMT while U.S. crude was at $37.86, down 63 cents, or 1.6...
coronavirus cases rise in the united states and other places. countries resume partial lockdowns that could hurt fuel demand. global coronavirus cases exceed 10 million on Sunday. a vaccine works by mimicking a natural infection. a vaccine helps quickly build herd immunity to put an end to the pandemic. a vaccine works...
Negative
https://www.moneycontrol.com/news/business/real-estate/covid-19-impact-housing-sales-fall-79-in-april-june-quarter-5609471.html
With most cities in either a partial or full lockdown due to coronavirus, new launches dipped by 81 percent and housing sales by 79 percent in the second quarter this calendar. Only 19,038 units were sold during April-June this year compared to 92,764 units in Q2 2019, according to PropTiger. Affordable housing contin...
new launches dipped by 81 percent during the quarter ending June 30. affordable housing continued to dominate the real estate sector. a vaccine works by mimicking a natural infection. a vaccine works by mimicking a natural infection. a vaccine works by mimicking a natural infection. a vaccine works by mimicking a natur...
Negative
https://economictimes.indiatimes.com/news/international/world-news/biden-might-be-risky-for-chinese-economy-likely-to-impose-sanctions/articleshow/79471171.cms
Biden Biden Biden Biden Biden Biden Biden As tensions between the US and China continue to worsen under the current President Donald Trump 's administration due to Beijing's human rights violations and hiding vital information regarding COVID-19, a leading economist said that incomingadministration might impose ...
a leading economist says a incoming administration might impose sanctions. he says a Trump comeback in 2024 is likely, but china should be prepared. a senior official says china should be prepared for a tough stance from the u.s. a senior official says the u.s. should not be a "stupid" ally of the u.s.
Negative
https://www.moneycontrol.com/news/business/markets/oil-edges-up-on-tighter-supply-but-demand-concerns-check-gains-5435991.html
Oil prices nudged higher on Monday on tighter supplies from major producers, but concerns that a record rise in global coronavirus cases could curb a recovery in fuel demand checked gains. Brent crude rose 9 cents, or 0.2%, to $42.28 a barrel by 0009 GMT, while U.S. crude was at $39.76 a barrel, up 1 cent. Both contr...
oil prices rise on tighter supplies from major producers. but coronavirus cases are on the rise. a record jump in global cases is seen in north and south America. the world health organization says the biggest increase was in north and south america. a record increase in cases in parts of the world. a new round of COVI...
Negative
https://www.financialexpress.com/industry/corona-impact-estimates-put-fall-in-passenger-traffic-volumes-in-asia-pacific-at-24/1893876/
Airports Council International (ACI) Asia-Pacific warns that the prolonged duration of the COVID-19 outbreak will significantly set back the region’s airports from previously forecasted growth prospects. The airport association urges regulators and governments to implement well-defined adjustments and relief measures t...
airport association urges regulators and governments to implement well-defined adjustments and relief measures tailored to local contexts. mainland china, Hong Kong SAR and the Republic of Korea remain at the centre of the effects with sizable losses in traffic volumes. there is a sharp spike in the number of coronavir...
Negative
https://economictimes.indiatimes.com/news/politics-and-nation/tamil-nadu-uttarakhand-emerging-as-hotspots-for-pangolin-trafficking-in-india-researchers-warn/articleshow/75060653.cms
NEW DELHI: As pangolins come under the scanner as potential intermediate hosts of the novel coronavirus transferred from bats to humans, Indian wildlife conservationists warn that the states of Tamil Nadu and Uttarakhand are emerging as the hotspots for the poaching of the endangered scaly anteater mammal.A recent stud...
conservationists warn that the states of Tamil Nadu and Uttarakhand are emerging as the hotspots for the poaching of pangolins. pangolins are a natural reservoir of coronaviruses similar to SARS-CoV-2. the scaly anteater mammal is the most-commonly trafficked mammal in the world.
Negative
https://www.businesstoday.in/markets/stocks/coronavirus-effect-sensex-nifty-crash-december-quarter-gdp-data/story/396972.html
Indian markets have come under pressure in the last four sessions with their global peers gauging the impact of Coronavirus on world growth after fresh cases of infections and deaths were reported outside China. While benchmark Sensex has lost 1,435 points, Nifty has fallen 447 points since February 19. Sensex which st...
Sensex has lost 1,435 points, while Nifty has fallen 447 points since February 19. correction in stock market has erased investors' wealth by Rs 5.49 lakh crore. Sensex had gained nearly 0.16% or 70 points on an year-to-date basis till February 19. FIIs have been net sellers in india market since february 19.
Negative
https://economictimes.indiatimes.com/markets/stocks/news/will-robinhood-investors-give-in-to-market-fall-what-analysts-say/articleshow/78299037.cms
NEW DELHI: With six days of back-to-back selloff in benchmark indices, marketmen are left wondering whether retail investors who have been the saviour this pandemic year will give in to bears. Analysts say Nifty at 10,800 is a good support level , which could lead to recovery in the market. But if the index sees furt...
analysts say Nifty at 10,800 is a good support level. but if it breaks, we see a sharp 1,000 points fall. if the index sees further slide, it would surely give jitters to small investors. a retail investor might not panic right away, but if the decline continues, panic will surely set in. a spokesman for the sabhai gro...
Negative
https://economictimes.indiatimes.com/industry/banking/finance/banking/lic-yet-to-seek-open-offer-exemption-for-idbi-takeover-sebi/articleshow/65861505.cms
Markets watchdog Sebi Tuesday said LIC has not sought any exemption from the open offer requirement to take over the crippled state-run lender IDBI Bank for around Rs 11,000 crore.On July 16, the board of the national insurer had accepted the forced takeover of the bank, which has been under the prompt corrective actio...
LIC has not sought exemption from open offer requirement to take over IDBI Bank. the national insurer has accepted the forced takeover of the bank. the bank has been crippled by bad loans. the government has been trying to get the bank's shares back. LIC holds 10.82 per cent of the bank and is in the process of picking...
Negative
https://www.financialexpress.com/money/insurance/health-insurance-tips-for-buying-health-cover-for-the-elderly/2132233/
By Amit Chhabra As your parents turn 60, they enter a phase of their lives when they need to spend a stress-free life with no worries. Ageing parents require frequent visits to the doctor and at times require repeated hospitalisation. While covering your parents under your family health insurance policy is a great way...
as your parents turn 60, they enter a phase of their lives when they need to spend a stress-free life with no worries. while covering your parents under your family health insurance policy is a great way to ensure they get the best treatment whenever required, have you ever thought that considering the age of your pare...
Negative
https://economictimes.indiatimes.com/markets/stocks/earnings/tvs-motor-outperforms-market-expectations-even-as-march-quarter-profit-halves/articleshow/76072701.cms
Mumbai: Leading two- and three-wheeler maker TVS Motor Company’s profit during the March quarter nearly halved on account of exceptional expenses incurred towards COVID 19-related expenses and slowing business in the months leading to the pandemic.The company’s profit for the quarter was down 45% to Rs 74 crore, while ...
the company's profit for the quarter was down 45% to Rs 74 crore. revenue was down 21% to Rs 3,481 crore. the company also netted a sum of Rs 22 crore towards discounts to liquidate BS-IV inventory against the revenue. the company sold about 633,000 vehicles during the quarter including exports as against 907,000 units...
Negative
https://www.moneycontrol.com/news/business/mutual-funds/bouts-of-volatility-in-equities-to-continue-navneet-munot-sbi-mf-5268071.html
While the government is addressing the first-order impact on the poor affected by the COVID-19 lockdown, a lot more needs to be done to help businesses and avoid second-order impacts, according to Navneet Munot, Executive Director and Chief Investment Officer, SBI Mutual Fund. “Social agenda needs resources that can o...
Navneet munot, executive director and chief investment officer, SBI Mutual Fund, says economic fallout is real. he says government must be cautious of the "paradox of thrift" he says infrastructure projects should be prioritised to create immediate employment. munot: tepid response to TLTRO 2.0 suggests lack of risk ap...
Negative
https://www.financialexpress.com/industry/how-us-ban-on-chinas-zte-wreaked-havoc-at-wireless-carriers-in-europe-and-south-asia/1247833/
The U.S. trade ban on Chinese telecom equipment maker ZTE wreaked havoc at wireless carriers in Europe and South Asia and forced operators worldwide to consider broadening their supply networks, industry sources told Reuters. Disruptions at Russian and emerging markets mobile operator Veon, one of the world’s 10 larges...
industry sources say the ban on china's ZTE wreaked havoc at wireless carriers. the biggest setback was for italian mobile operator Wind Tre. the ban forced ZTE to abandon more than half of the remainder of the contract. the ban ended when the u.s. Commerce department lifted the order on friday. a spokesman for the chi...
Negative
https://www.financialexpress.com/money/insolvency-and-bankruptcy-laws-impact-of-covid-19-outbreak-and-opportunities-that-may-arise/1936344/
Factoring in the outbreak of COVID-19, the fret of becoming NPA has been at the pinnacle for small and medium-sized business industry. From the struggles in paying salaries to the employees to seeking deferment of repayment of loans & GST, the same has been mirroring the effects of the pandemic over the industry. Consi...
smts are facing a pandemic of COVID-19, a pandemic that has sparked a global crisis. the spread of the pandemic has created a situation of hue and cry globally. the smts are urged to take action to mitigate the effects of the pandemic. the smts are urged to take action to ensure that the smts are not subject to a reper...
Negative
https://www.moneycontrol.com/news/world/dr-anthony-fauci-warns-of-suffering-and-death-if-us-reopens-too-soon-5257031.html
Dr Anthony Fauci, the nation's top infectious disease expert, is warning Congress that if the country reopens too soon during the coronavirus pandemic, it will result in “needless suffering and death.” Fauci is among the health experts testifying to a Senate panel. His testimony comes as President Donald Trump is prais...
a top infectious disease expert is testifying to a senate panel. he says reopening too soon will result in "needless suffering and death" he is among the health experts testifying to a panel. president obama is praising states that are reopening after the prolonged lock-down.
Negative
https://www.moneycontrol.com/news/world/coronavirus-pandemic-south-korea-has-10-new-cases-and-no-new-deaths-5188441.html
South Korea has reported 10 fresh cases of the new coronavirus, the eighth day in a row its daily jump came below 20, as its outbreak slows amid tightened border controls and waning infections in the worst-hit city of Daegu. The country also on Saturday reported no new deaths for the second straight day. The figures re...
south Korea reports 10 fresh cases of the new coronavirus. the country also reports no new deaths for the second straight day. the country's economy shrank 1.4 percent during the first three months of the year. the pandemic has caused severe cashflow problems for airlines and hurts exporters. a slowing caseload has all...
Negative
https://www.moneycontrol.com/news/business/trump-discussed-energy-markets-with-saudi-crown-prince-white-house-5019761.html
US President Donald Trump discussed "global energy markets" with Saudi Crown Prince Mohammed Bin Salman, the White House said Tuesday, after a deep plunge in oil prices shook markets worldwide. The White House statement said Trump spoke with the crown prince on Monday but gave few details on the substance of their dis...
the white house says the president and the crown prince discussed "global energy markets" on Monday, oil prices plummeted by more than 30 percent in international markets. the president and the crown prince discussed "other critical regional and bilateral issues," the white house says. oil prices have bounced back 10 p...
Negative
https://www.moneycontrol.com/news/world/china-skorea-report-new-cases-in-double-digits-5466181.html
China has reported an uptick in new coronavirus cases, a day after the nation's CDC said it expects an outbreak in Beijing to be brought under control soon. The National Health Commission said Saturday that 21 cases had been confirmed nationwide in the latest 24-hour period, including 17 in the nation's capital. City ...
21 cases confirmed in china in latest 24-hour period, including 17 in capital. city officials temporarily shut wholesale food market where virus spread widely. anyone leaving Beijing must have nucleic acid test within previous seven days. south Korea has reported 51 newly confirmed cases of coronavirus. s. australia is...
Negative
https://economictimes.indiatimes.com/markets/stocks/news/nifty-companies-ability-to-service-debt-comes-under-pressure/articleshow/76623811.cms
The economic slowdown aggravated by the nationwide lockdown has severely affected the ability of companies to service debt . According to the ET Intelligence Group’s analysis of the 32 of the Nifty 50 companies that have declared results so far excluding banking and finance companies, the aggregate interest coverage ra...
the aggregate interest coverage ratio for FY20 fell to a six year low. the trend is expected to continue in the current fiscal. the fall was steeper on a quarterly basis. it was at a 13-quarter low of 1.8 in the March 2020 quarter. it was at 3.9 a quarter ago. the contraction was on account of a steady rise in borrowin...
Negative
https://economictimes.indiatimes.com/markets/stocks/news/aurobindo-ncc-rinfra-ultratech-among-46-stocks-signalling-downsides-on-macd/articleshow/69643533.cms
NEW DELHI: As the Nifty50 rules at all-time high, market breadth remains tepid, raising questions over the sustainability of the recent bounce.More and more midcap and smallcap stocks are signalling bearish trends than the ones sending out bullish signals, suggests MACD, or moving average convergence divergence.The mo...
more midcap and smallcap stocks are signalling bearish trends than bullish signals. the momentum indicator signalled a bearish crossover on 46 counters. the list included many midcap and smallcap names, including Aurobindo Pharma. a nine-day exponential moving average is plotted on top of the MACD. when the MACD crosse...
Negative
https://www.moneycontrol.com/news/business/covid-19-frbm-framework-will-need-to-be-updated-says-former-cea-arvind-subramanian-5357021.html
Former chief economic adviser Arvind Subramanian on June 3 said the FRBM Act will probably have to be revised by the end of the year as India will witness a sharp decline in GDP growth due to the COVID-19 crisis. Addressing a webinar organised by EY India, Subramanian further said while labour reforms were necessary, ...
former chief economic adviser says FRBM Act will probably have to be revised. he says the country will witness a sharp decline in GDP growth due to COVID-19. he also said the pandemic in india is not under control. he said reviving the financial sector is going to be critical for stimulating economic growth. he said th...
Negative
https://www.moneycontrol.com/news/business/markets/marketsmoneycontrol-nifty-likely-to-open-flat-3-stocks-which-can-give-up-to-10-return-2531049.html
The Nifty50 is expected to open flat-to-lower on Monday tracking muted trend seen in other Asian markets. The Nifty50 closed 165 points lower at 10,195 on Friday. Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 33.5 points or 0.33 percent. Nifty futures were trading around 10,...
the Nifty50 closed 165 points lower at 10,195 on friday. trend on SGX Nifty indicate a negative opening for the broader index in india. the S&P 500 and the Dow Industrials rose on friday, boosted by strong industrial output numbers. all three of Wall Street's major indexes posted losses for the week.
Negative
https://www.businesstoday.in/current/economy-politics/coronavirus-fallout-unemployment-rate-spikes-to-23-after-lockdown-says-cmie/story/400349.html
The overall unemployment rate may have surged to 23 per cent, with urban unemployment standing at nearly 31 per cent, amid the countrywide lockdown due to coronavirus outbreak, Centre for Monitoring Indian Economy (CMIE) estimates showed. The employment situation worsened from the start of March, before the lockdown wa...
overall unemployment rate surges to 23 per cent, with urban unemployment at nearly 31 per cent. india is under a 21-day lockdown due to coronavirus outbreak. unemployment rate surges to nearly 9 per cent, highest in last 43 months. CMIE: india's unemployment rate is at its highest level in 43 months. a spokesman for th...
Negative
https://www.businesstoday.in/current/world/coronavirus-impact-zara-owners-shut-down-4000-stores-worldwide/story/398717.html
Popular apparel brand Zara's Spanish owners Inditex has shut down 3,785 stores worldwide amid the COVID-19 outbreak. Inditex warned that its operations have faced a 'very significant impact' due to the pandemic. It said it has been forced to shut down in 39 markets, according to a report by Metro. It said that it is ...
Inditex warns operations have faced'very significant impact' due to pandemic. sales took a hit by 24.1% triggered by the closure of stores in first two weeks of march. the company might book a provision of 287 million euros as its spring/summer inventory loses its value due to the outbreak. it postponed its decision on...
Negative
https://www.businesstoday.in/current/economy-politics/coronavirus-lockdown-indian-muslims-informal-economy-poor-middle-class-migrant-workers-labourers/story/401636.html
The 40-day socio-economic lockdown is more likely to knock the bottom out of Indian economy largely dependent on informal establishments and informal workforce. If 93% of the total workforce is informal, as the Economic Survey of 2018-19 said, this would mean a proportionate population is dependent on their income whic...
a 40-day lockdown is likely to knock the bottom out of Indian economy. if 93% of the workforce is informal, this would mean a proportionate population is dependent on their income. a study by the imf found that the poor and the middle class are "the main engines of growth" a spokesman for the government said the govern...
Negative
https://www.financialexpress.com/opinion/human-capital-education-skills-what-does-wealth-of-nations-entail-in-the-21st-century/1180257/
The comprehensive definition of wealth for any nation entails social, human, institutional, produced and natural capital. Together, it measures the ‘wealth’ (inventory) for any nation. Has India fairly and sufficiently performed to realise the true potential of wealth creation to promise sustained endurance? Numerous...
the global human capital index (GHCI) score for India is nowhere close to the top performer (Norway) to ensure long-term perpetual success. the paradox lies in the respective differing ideology behind wealth and GDP towards sustainability. the global human capital index (GHCI) score for India is nowhere close to the to...
Negative
https://www.financialexpress.com/economy/covid-19-aftermath-in-2-months-124-million-jobs-lost/1987737/
The economy lost 124 million jobs in March and April, primarily in the informal sectors comprising small traders and wage labourers; employment was also lower in self-owned businesses and salaried employees, too, lost jobs. With the lockdown curbs being eased, the economy is estimated to have added 21 million jobs in ...
the economy lost 124 million jobs in march and April. the economy is estimated to have added 21 million jobs in may. the economy is estimated to have added 21 million jobs in the month. the economy is estimated to have added 21 million jobs in the month. a spokesman for the government says the economy is "still in a bi...
Negative
https://www.moneycontrol.com/news/world/coronavirus-pandemic-us-crude-falls-below-15-a-barrel-as-virus-throttles-demand-5165171.html
Representative Image US crude crashed to below $15 a barrel on Monday, its lowest level for over two decades, as concerns about a virus-triggered demand shock and lack of storage eclipsed an output cut deal. West Texas Intermediate (WTI), the US benchmark, fell more than 19 per cent to $14.73 a barrel in early Asian t...
crude prices fall as fears over virus-triggered demand shock eclipse output cut deal. oil markets plunge as travel restrictions and lockdowns batter demand for the commodity. OPEC and other countries agreed to cut output by almost 10 million barrels a day. but prices have continued to fall heavily as prices continue to...
Negative
https://www.financialexpress.com/industry/sme/sachin-bansal-says-productive-people-cant-wait-for-vaccine-to-tap-into-opportunities-suggests-this/1943595/
Sachin Bansal, former chief executive and co-founder of now Walmart-owned Flipkart, on Wednesday stressing on the need “to open up the economy” with the slowdown in Covid growth, said that people who want to move out for work should be allowed with necessary precautions in place. Bansal tweeted that people would have t...
former chief executive and co-founder of now Walmart-owned Flipkart, said people who want to move out for work should be allowed with necessary precautions in place. he tweeted that people would have to learn to live with the virus. the comments come amid economies globally reel under the covid impact. the world bank h...
Negative
https://www.financialexpress.com/lifestyle/health/covid-19-financial-services-department-under-finance-ministry-sealed-for-sanitisation-after-coronavirus-cases/2003027/
The office of Department of Financial Services (DFS) under the Finance Ministry has been sealed for one day for sanitisation following positive COVID-19 cases. According to an office memorandum issued on Wednesday, the deep-cleaning or sanitisation will be done on June 25. The action has been necessitated on account of...
the deep-cleaning or sanitisation will be done on June 25. several officers and staff members of the DFS tested positive for the infection. the department is playing a pivotal role in implementing a new program. the department is playing a pivotal role in bringing the economy back on track. the department is playing a ...
Negative
https://www.financialexpress.com/market/commodities/oil-prices-up-on-us-china-trade-talk-hopes-opec-cuts/1437607/
Oil prices rose on Tuesday, supported by hopes that talks in Beijing between U.S. and Chinese officials might defuse a trade dispute between the world’s two biggest economies, while OPEC-led supply cuts also tightened markets. Brent crude futures gained 69 cents, or 1.22 percent, to $58.02 per barrel by 1325 GMT. U.S. ...
crude oil futures gained 69 cents, or 1.22 percent, to $58.02 per barrel. OPEC-led supply cuts also tightened markets. some analysts warn that the relationship between the superpowers remained shaky. looming over the OPEC-led cuts is a surge in U.S. oil supply.
Negative
https://www.businesstoday.in/podcast/bulletin/prime-minister-narendra-modi-thinks-of-opting-out-of-social-media/397396.html
03 Mar 2020, 12:03 PM Vistara planning to enter bidding race for Air India, says Chairman Bhaskar Bhat Vistara, a joint venture between Tata Sons and Singapore Airlines, is planning to bid for Air India, but a final decision on the matter has not been taken yet, said company's chairman Bhaskar Bhat. Responding to a q...
two cases of COVID-19 detected in new Delhi and Telangana. OECD says world economy could shrink this quarter. world health organisation joins in effort to spread accurate information. tiktok users reportedly pretended to be infected with deadly disease. a total of 1.2 million people have been infected with the virus.
Negative
https://economictimes.indiatimes.com/news/international/business/with-economy-sinking-trumps-own-business-is-in-peril/articleshow/74816966.cms
As if presiding over the threatened destruction of the US economy by the coronavirus pandemic is not enough, President Donald Trump is watching another more personal business meltdown: the Trump Organization hotel, golf course and real estate business that made him a billionaire.His five-star US and Canadian hotels wit...
president's hotel, golf course and real estate business is under threat of closure. he's ordered to close, and his golf courses in the u.s., Scotland and Ireland are under lockdown. a spokesman for the company says it is "very concerned" about the economic impact. a spokesman for the company says it is "very concerned"...
Negative
https://www.businesstoday.in/current/economy-politics/coronavirus-blow-to-india-diamond-industry-icra-downgrades-outlook-amid-weak-demand/story/396608.html
Rating agency ICRA has revised its outlook for Indian cut and polished diamond industry from stable to negative in the light of coronavirus pandemic and weak demand in key markets. The downgrade in outlook comes as parts of China and Hong Kong remain under lockdown due to the deadly virus outbreak. The ratings agency ...
ICRA downgrades outlook for cut and polished diamond industry from stable to negative. downgrade comes as parts of China and Hong Kong remain under lockdown. industry estimates show that the region accounts for 35 per cent of India's overall cut and polished diamond (CPD) exports. china is a major market as it consumes...
Negative
https://www.financialexpress.com/auto/industry/coronavirus-pandemic-2020-beijing-motor-show-postponed-to-new-dates-in-september/1923821/
The 2020 Beijing Motor Show that was scheduled to be held April has been used to a later date in September due to the coronavirus outbreak. The 2020 Beijing Motor Show has been postponed till September-October 2020 due to the coronavirus outbreak. The international automotive show in China was scheduled to be held bet...
the 2020 Beijing Motor Show has been pushed to a later date due to the coronavirus outbreak. the international automotive show in china was scheduled to be held between April 21-30. the new dates released by the organisers state that the event will be held from September 26 to October 5, 2020. the outbreak has not only...
Negative
https://economictimes.indiatimes.com/markets/commodities/news/crude-oil-prices-rise-on-hopes-opec-will-agree-on-supply-cuts/articleshow/75063688.cms
since 2009, a signal that traders are worried that the US would run out of most onshore storage in a matter of weeks, traders said. Connect with Experts - Wealth creation made easy NEW YORK: Oil prices tumbled on Thursday on doubts that a deal between OPEC and allies to make a record oil supply cut would be enough ...
OPEC+ agreed to cut output by 10 million barrels per day from may. a record cut would offset the collapse in global fuel demand caused by the coronavirus pandemic. a deal would ease curbs between July and December to 8 million bpd and 6 million barrels between January 2021 and April 2022. a u.s. crude futures contract ...
Negative
https://www.livemint.com/news/world/world-economy-what-else-could-go-wrong-before-2020-is-done-11599394222543.html
The world economy’s rebound from the depths of the coronavirus crisis is fading, setting up an uncertain finish to the year. The concerns are multiple. The coming northern winter may trigger another wave of the virus as the wait for a vaccine continues. Government support for furloughed workers and bank moratoriums on...
the world economy's rebound from the depths of the coronavirus crisis is fading. the coming northern winter may trigger another wave of the virus. government support for furloughed workers and bank moratoriums on loan repayments are set to expire. the u.s. and china could get worse in the run-up to the presidential ele...
Negative
https://www.financialexpress.com/market/commodities/gold-prices-rise-as-us-china-tension-coronavirus-cases-spike-still-down-rs-1000-from-record-high/1970755/
Gold and silver prices ticked up in Tuesday’s session on the back of a sharp rise in coronavirus cases which triggered investors to rush to safe-haven assets. Besides, escalation in US-China trade tension also increased gold demand. On MCX, gold June futures were up 0.28 per cent or Rs 132 at Rs 47,105 per 10 grams. Wh...
gold prices are still Rs 1,000 off from a record high of Rs 47,929 per 10 grams. brewing Sino-u.s. tensions over Hong Kong lifted demand for the safe-haven metal. equities and silver ticked higher on the back of a sharp rise in coronavirus cases. a direct drop below $1665 is a signal of weakness, said geojit financial ...
Negative
https://www.washingtonpost.com/politics/in-trumps-india-rally-modi-bets-on-bolstering-his-image/2020/02/22/5db9d1ac-5533-11ea-80ce-37a8d4266c09_story.html
If the status quo continues, the days ahead will be driven by an ongoing war of narratives over who is entitled to hate more and kill more.
aaron carroll: if status quo continues, days ahead will be driven by war of narratives. he says war of narratives over who is entitled to hate more and kill more. carroll: if status quo continues, we will see war of narratives over who is entitled to hate more. carroll: if the status quo continues, we will see war of n...
Negative
https://www.financialexpress.com/market/sensex-nifty-follow-plunge-on-wall-street-banks-financials-worst-hit-check-whats-dragging-markets/1989183/
Following a mammoth plunge on Wall Street, BSE Sensex and Nifty 50 tumbled over per cent in Friday’s trade. Index heavyweights HDFC Bank, HDFC, ICICI Bank, Infosys, Reliance Industries and Kotak Mahindra Bank contributed the most to the indices’ losses today. Among key events today, investors are eyeing on GST council ...
HDFC Bank, HDFC, ICICI Bank, Infosys, Reliance Industries and Kotak Mahindra Bank contributed the most to the indices’ losses today. Among key events today, investors are eyeing on GST council meeting, IIP for April and CPI inflation for may. ONGC, Kotak Mahindra Bank, NTPC, Axis Bank, ICICI Bank, Reliance Industries (...
Negative
https://www.financialexpress.com/economy/can-fix-petrobas-situation-says-brazils-economy-minister/1547505/
Brazilian Economy Minister Paulo Guedes said he’ll clear up any confusion from President Jair Bolsonaro’s decision to halt a planned fuel-price hike by Petroleo Brasileiro SA. When asked about Bolsonaro’s meddling in state-controlled Petrobras’ pricing policy this week, Guedes said he’d get more information when he re...
president Jair Bolsonaro ordered the energy producer's chief executive officer to cancel a planned increase in diesel prices. the move sent shockwaves across Brazilian markets as it revived fears of the interventionist policies by previous Brazilian governments. a massive trucker strike hit the country a year ago when ...
Negative
https://www.moneycontrol.com/news/business/commodities/brent-crude-extends-fall-as-coronavirus-shutdowns-sap-demand-5062111.html
Representative Image Brent crude prices extended falls on Monday amid more action by governments to contain the global coronavirus outbreak that has slashed the demand outlook for oil and threatened a worldwide economic contraction. Brent crude futures fell 65 cents, or 2.4%, to $26.33 a barrel by 0328 GMT. West Texa...
oil prices have fallen for four straight weeks and have dropped about 60% since the start of the year. the coronavirus has infected more than 325,000 and killed over 14,000 worldwide. many oil companies have rushed to cut spending and some producers have already begun putting employees on furlough. a vaccine works by m...
Negative
https://www.financialexpress.com/market/pound-at-week-high-dollar-sinks-as-risk-on-mood-cautiously-holds/1696669/
The British pound hovered around a one-week high on Thursday as another parliamentary defeat for Prime Minister Boris Johnson made investors optimistic that a no-deal Brexit could be avoided, while a broader risk-on mood held back the dollar. The dollar fell against most major currencies, though gained on the safe-hav...
dollar falls against most major currencies, though gains on safe-haven yen. pound is at $1.2242, its best day against the dollar in more than five months. euro also climbed 0.6% to $1.1033, dollar hit a one-week low of 98.390. parliamentary vote to prevent Johnson from taking Britain out of the eu.
Negative
https://economictimes.indiatimes.com/tech/hardware/india-centrepiece-of-our-growth-strategy-oppo/articleshow/66890999.cms
Elevate Your Tech Prowess with High-Value Skill Courses Offering College Course Website Indian School of Business ISB Digital Transformation Visit Northwestern University Kellogg Post Graduate Certificate in Product Management Visit IIT Delhi IITD Certificate Programme in Data Science & Machine Learning Visit NEW DELH...
china's handset maker is in an "investmentheavy phase" in the country, a top executive says. Oppo's net loss in india widened to Rs 358 crore in 2017-18 from Rs 42 crore in the previous year. the company has a strong leadership team in India that is well equipped for taking over the responsibility of strategic stewards...
Negative
https://economictimes.indiatimes.com/markets/expert-view/are-airlines-multiplexes-good-options-for-contra-play/articleshow/77528671.cms
Vibes are good in auto; ancillaries should do better, says Kunj Bansal Why has Bharti Airtel turned laggard? Expect lending activity to return to normal by Diwali: Nirmal Jain For 18-month plus horizon, go 50-30-20 on large-mid-small caps: Sunil Subramaniam Digital payments platform Razorpay plans to move i...
the Indian units of Apple, Google and Amazon are being investigated over possible non-payment of tax. the tax department is investigating the Indian units of Apple, Google and Amazon over possible non-payment of tax. the etsy. sri lanka-based company is a. global leader in the payments industry. the etsy. sri lanka-bas...
Negative
https://www.moneycontrol.com/news/india/assessing-impact-of-us-decision-on-blocking-h-1b-visas-mea-5459251.html
India on Thursday said it was assessing the impact of the Trump administration's decision to block H-1B visas on Indian nationals and industry but indicated its dismay over it saying people-to-people linkages and economic cooperation are an important dimension of ties between the two countries. In a huge blow to India...
the decision is likely to affect movement of Indian skilled professionals, an official says. the government is assessing the impact of the order on Indian nationals and industry. the decision is going to impact a large number of Indian IT professionals. the decision is going to impact several american and Indian compan...
Negative
https://www.financialexpress.com/market/jittery-markets-investors-wealth-loss-nears-rs-1000000-crores/1654372/
The loss in investor wealth after the Budget is nudging Rs 10 lakh crore, with a record number of stocks crashing to new lows. Foreign portfolio investors (FPIs) have dumped shares worth $1.4 billion since July 5 — they sold close to $400 million worth of stocks on Tuesday, provisional data showed. The broader market r...
nearly 1,300 stocks have hit 52-week lows after the Budget announcement. the benchmark Nifty has lost more than 5% since July 5. consumption demand is weak as seen from lack-lustre sales of cars and two-wheelers. the higher surcharge on income of high-income individuals may affect demand for high-end real estate. the b...
Negative
http://www.moneycontrol.com/news/business/markets/small-lighten-up-position-ahead-of-budget-rohit-srivastava-2488381.html
Midcap and small cap stocks are a sell on rallies as their relative strength has been weakening in favor of large caps, Rohit Srivastava, Fund Manager – PMS, Sharekhan, said in an exclusive interview with Moneycontrol’s Kshitij Anand. Q) It has been a roller coaster ride for the bulls in the second week of January. Th...
small cap and midcap stocks are a sell on rallies as their relative strength has been weakening in favor of large caps. since July, the Nifty has rallied for 5-weeks in a row and then corrected. the right Choice of stocks/sectors has been important throughout the last year and will continue to be so. the falling dollar...
Negative
https://www.financialexpress.com/india-news/china-coronavirus-vijay-rupani-seeks-s-jaishankar-help-for-gujarat-students-in-china/1836785/
Gujarat Chief Minister Vijay Rupani on Monday urged External Affairs Minister S Jaishankar to intervene after parents of students studying in Wuhan, the Chinese city in the grip of novel coronavirus, sought help from the BJP government here for their safe return. In a release issued here, the Gujarat government said as...
parents of students studying in Wuhan seek help from the BJP government. as many as 100 students from the state are stuck in china. coronavirus (officially described as 2019-nCoV) cases first reported from Wuhan. death toll due to virus rose to 56 on sunday. cases reached 1,975 and 324 of them were critical.
Negative
https://www.financialexpress.com/market/indian-rupee-at-70-strong-usd-challenging-global-environment-us-turkey-tensions-weigh-says-dbs/1285977/
The strong US dollar is expected to further weigh on the Indian rupee, which hit a low past the 70-mark against the greenback in recent foreign exchange movements, according to Singapore’s DBS Bank Group today. “A challenging global environment has compelled the Reserve Bank of India (RBI) to intervene aggressively thi...
rupee hit a low past the 70-mark in recent foreign exchange movements. the US dollar is expected to weigh on the Indian rupee. rupee direction and oil are risks for inflationary expectations. RBI-led monetary policy committee front-loaded rate hikes. the fiscal year 2019 growth trajectory should be viewed in two halves...
Negative
https://www.moneycontrol.com/news/business/personal-finance/home-loan-defaults-can-put-personal-wealth-in-jeopardy-here-is-how-5354461.html
Last week, a very different question on real estate was posed to me – "How costly can a home loan default be?" Two events in Mumbai real estate have made the question pertinent. 1). Popularity of home purchases via subvention scheme: Earlier, most people bought apartments through a construction-linked plan (CLP). Und...
a recent spate of subvention schemes have sparked a slew of problems. the first is the price cut based on the construction-linked plan price. the second is the price cut based on the price of the property. the difference in price is to make up for the expense that the developer will be bearing for paying your pre-EMI.
Negative
https://www.livemint.com/Money/xiuZYBHL9iXJ5IaViU1SeL/Wall-Street-opens-lower-as-growth-concerns-linger-Fed-in-fo.html
New York: US stocks are falling in choppy trading, and the S&P 500 is down to its lowest in more than a year.Health insurers and hospitals are falling after a federal judge in Texas ruled that the 2010 Affordable Care Act is unconstitutional. Retailers and technology stocks are also sinking. Some of the biggest losses...
the s&p 500 is down to its lowest close in more than a year. the u.s. benchmark index has fallen 12.6 percent since it finished at its last record high in late September. the u.s. government is expected to raise interest rates on the 10-year Treasury note. the u.s. government is expected to raise interest rates on the ...
Negative
http://www.financialexpress.com/market/on-the-edge-lenders-weigh-on-indian-stocks-local-scrips-take-a-beating-on-bank-sector-fallout/1089790/
Indian stocks tumbled nearly 430 points on Tuesday, falling for the fifth straight session led by some big selling in banking stocks. The Sensex has lost 1,128.55 points and Rs 4.3 lakh crore of market capitalisation in the last five sessions. Although Asian markets posted gains, ostensibly shrugging off worries about ...
the Sensex has lost 1,128.55 points and Rs 4.3 lakh crore in the last five sessions. Asian markets posted gains, ostensibly shrugging off worries about a global trade war. but Indian equities had a rough day with investors remaining concerned about the impact on banks of the fraud at Punjab National Bank (PNB) a Bloomb...
Negative
https://www.businesstoday.in/current/world/coronavirus-impact-zara-owners-shut-down-4000-stores-worldwide/story/398717.html
Popular apparel brand Zara's Spanish owners Inditex has shut down 3,785 stores worldwide amid the COVID-19 outbreak. Inditex warned that its operations have faced a 'very significant impact' due to the pandemic. It said it has been forced to shut down in 39 markets, according to a report by Metro. It said that it is ...
Inditex warns operations have faced'very significant impact' due to pandemic. sales took a hit by 24.1% triggered by the closure of stores in first two weeks of march. the company might book a provision of 287 million euros as its spring/summer inventory loses its value due to the outbreak. it postponed its decision on...
Negative
https://www.businesstoday.in/current/world/trump-calls-on-apple-to-move-production-from-china-to-us/story/282178.html
US President Donald Trump called for Apple to make its products in the US instead of China to avoid suffering the consequences of his trade war with Beijing. Trump has repeatedly called for companies to move production to the United States, or to keep it there, while pushing aggressive trade actions aimed at narrowing...
president calls for Apple to make its products in the us instead of China. he has repeatedly called for companies to move production to the united states. the higher cost of wages in the united states could offset the benefits. the Trump administration has placed punitive tariffs on 50 billion in Chinese goods. he has ...
Negative
https://www.financialexpress.com/india-news/after-shiv-sena-workers-beat-up-man-tonsure-his-head-aaditya-thackeray-appeals-for-calm-while-dealing-with-nasty-low-life-trolls/1803659/
Shiv Sena leader Aaditya Thackeray has asked party workers to exercise restrain in dealing with trolls. His appeal comes after scores of Shiv Sena workers thrashed a man and tonsured his head in Wadala area for posting a controversial comment on Facebook against Maharashtra Chief Minister Uddhav Thackeray. “Calm, comp...
a man was thrashed by workers after posting a derogatory comment on facebook against CM Uddhav Thackeray. he was thrashed after he compared police action on students protesting against the citizenship amendment act with the 1919 Jallianwala bagh massacre. he was thrashed by workers after a group of workers showed up at...
Negative
https://www.financialexpress.com/market/take-over-franklin-templeton-management-investigate-investments-stock-brokers-body-asks-govt/1941307/
Seeking urgent steps to safeguard investors’ interest due to Franklin Templeton Mutual Fund’s decision to shut down six debt schemes, stock brokers’ association ANMI has asked the government and capital markets regulator Sebi to appoint a high-powered committee to take over the management of the fund house and examine ...
ANMI asks government and regulator Sebi to appoint committee to oversee fund house. alleged that 70 per cent fund corpus invested by fund house in securities. alleged that the investment made by the fund house are in contravention to the securities and exchange board of india (sebi) norms. alleged that the investment m...
Negative
https://www.livemint.com/news/world/markets-enter-new-phase-where-cash-is-all-that-matters-11584616259458.html
A rush for cash shook the financial system Wednesday, as companies and investors hunkered down for a prolonged economic stall, taking the recent market turmoil into a new, more troubling liquidation phase. Investors sold nearly everything they could in the most all-encompassing market drawdown since the darkest days o...
the selloff sent the Dow down 1,338.46 points, or 6.3%, to 19898.92. the blue-chip index has fallen by about a third in just the past month. shares of airlines, restaurants, banks and retailers tumbled 18%. a drop of more than 20% in the price of oil slammed shares of energy companies.
Negative
https://economictimes.indiatimes.com/markets/stocks/news/eurozone-economy-took-record-hit-in-march-ihs-markit/articleshow/74965458.cms
Brussels: Business activity in the 19-nation eurozone suffered a record fall in March and hit an historic low, according to the PMI index published on Friday by analysts IHS Markit The IHS index for the month was 29.7 -- down from Markit's first estimate for March of 31.4 and well below the level in February of 51.6 po...
the eurozone economy is shrinking at an annualised rate of almost 10 percent. the eurozone's PMI index for the month was 29.7. it was down from the first estimate for the month of 31.4. the coronavirus epidemic crippled the eurozone economy. the four largest nations covered by the survey all registered record declines ...
Negative
https://www.moneycontrol.com/news/world/us-stalling-massive-imf-liquidity-boost-over-iran-china-sources-5152111.html
US opposition to opening new avenues of funding for Iran and China is preventing the International Monetary Fund from deploying a powerful tool to help countries fight the economic impact of the coronavirus, according to two sources familiar with the matter. A massive IMF liquidity injection through issuance of new Sp...
sources: the united states is the dominant shareholder of the IMF. the move would give even wealthy countries new assets that are not necessarily needed. the IMF last approved a $250-billion new allocation of SDRs in 2009. the move could provide more flexibility to the 102 countries that have already sought IMF loans. ...
Negative
https://www.businesstoday.in/markets/commodities/us-dollar-coronavirus-global-equities/story/398931.html
The dollar rose against sterling toward its strongest since at least 1985. The U.S. currency hit the highest in almost three years against the euro. Against the antipodeans, the greenback rose toward a 17-year high against the Australian dollar and approached an 11-year peak against the New Zealand dollar as investors ...
dollar rose against sterling toward its strongest since at least 1985. greenback hit 17-year high against the australian dollar. dollar also surged against the yen, which rose 0.11%. u.s. stock futures and oil prices came under further pressure in early Asian trading. u.s. stock futures and oil prices came under furthe...
Negative
http://www.financialexpress.com/world-news/china-asks-its-citizens-not-to-travel-to-maldives/1052421/
China today warned its citizens not to travel to the Maldives for holidays due to the political turmoil there, in a setback to beleaguered President Abdulla Yameen whose country’s economy relies heavily on Chinese tourists. The Maldives has plunged into political crisis as the Supreme Court yesterday asked Yameen to co...
the maldives has plunged into political crisis as the Supreme Court asked president to comply with its order to release political prisoners and reinstate dissident lawmakers. this led to a tense standoff as Yameen has not yet implemented the apex court’s ruling leading to agitations by the Opposition parties. china has...
Negative
https://economictimes.indiatimes.com/tech/hardware/india-has-unprecedented-opportunity-to-be-phone-export-hub-in-post-covid-19-era-icea-ey/articleshow/76322351.cms
Elevate Your Tech Prowess with High-Value Skill Courses Offering College Course Website Northwestern University Kellogg Post Graduate Certificate in Product Management Visit Indian School of Business ISB Professional Certificate in Product Management Visit IIM Lucknow IIML Executive Programme in FinTech, Banking & Appl...
restart, restore and resurgence' strategy to help india achieve exports of USD 100 billion in mobile phones and nearly US 40 billion in components by 2025. india suffers from various disabilities like high cost of power, tax and ease of doing business. this renders India almost 10 per cent and 20 per cent less competit...
Negative
https://economictimes.indiatimes.com/markets/expert-view/raamdeo-agrawal-on-why-he-is-still-staying-away-from-gold/articleshow/77592047.cms
Unlock Leadership Excellence with a Range of CXO Courses Offering College Course Website IIM Lucknow IIML Chief Operations Officer Programme Visit IIM Lucknow IIML Chief Marketing Officer Programme Visit IIM Lucknow IIML Chief Executive Officer Programme Visit I do not think we are in a very frothy valuation . For eq...
if you do not understand something, do not do it,' says chairman of MOFSLLet. 'there is no inflation. there is deflationary pressure but there is a massive fear of inflation and you cannot fight with fear' 'gold is not a yielding asset and maybe there is a fear of inflation coming back' 'there is no inflation. there is...
Negative
https://www.moneycontrol.com/news/world/coronavirus-pandemic-world-bank-urges-countries-to-go-for-comprehensive-policies-to-boost-long-term-growth-5350791.html
The World Bank on Tuesday urged countries to go for comprehensive policies to boost long-term growth along with short term measures to address health emergencies and secure core public services in the wake of the coronavirus crisis, amid indications that 60 million people could be pushed into extreme poverty in 2020. ...
the world bank urges countries to go for comprehensive policies to boost long-term growth. the scope and speed with which the coronavirus pandemic has devastated the poor are unprecedented in modern times. estimates show 60 million people could be pushed into extreme poverty in 2020. the world bank releases its flagshi...
Negative
https://www.moneycontrol.com/news/world/shunning-international-tax-talks-could-trigger-trade-war-oecd-5425141.html
Failure to work towards an international deal on taxing big digital companies could trigger a dangerous trade war, the OECD said on Thursday, urging countries to remain engaged in talks after Washington announced it was pulling out of them for now. "Absent a multilateral solution, more countries will take unilateral m...
OECD urges countries to work towards an international deal on taxing big digital companies. a trade war would hurt the economy, jobs and confidence, secretary general says. a trade war would hurt the economy, jobs and confidence even further, he adds. the u.s. has pulled out of the talks for now. a deal would tax big d...
Negative
https://www.businesstoday.in/current/economy-politics/coronavirus-scare-foreign-tourist-arrivals-hit-record-low-in-february/story/399590.html
The devastating impact of coronavirus on tourism sector can be gauged with the foreign tourist arrivals data. In February 2020, 1.01 million foreign tourists arrived in India compared to 1.08 million in February 2019, registering a year-on-year (y-o-y) de-growth of -6.6 per cent. This was the sharpest decline since 201...
india recorded a year-on-year (y-o-y) de-growth of -6.6 per cent in February 2020. this was the sharpest decline since 2015 and also the first in the month of February. in January it grew 1.3 per cent on a y-o-y basis. in the month-on-month (m-o-m) basis, tourists' arrivals in February fell 9.2 per cent compared to 8.9...
Negative
https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/zydus-gets-final-nod-from-usfda-for-anti-bacterial-drug/articleshow/64426641.cms
WhatsAppening? Telcos Call Out Tech Cos over Biz SMSes An industry grouping representing India’s top three telcos has accused global consumer-technology majors, such as Microsoft and Amazon, of “presumably circumventing and bypassing the legal telecom route” by using WhatsApp and other unregulated platforms to send ent...
telcos accuse tech giants of using unregulated platforms to send messages. government asks apple to join probe into alleged state-sponsored hacking bid. government asks apple to join probe into alleged hacking bids. telcos say they are causing 3,000-crore annual revenue loss. telcos say they are 'circumventing and bypa...
Negative
https://www.businesstoday.in/magazine/cover-story/no-exemption-from-pain/story/402205.html
Ever wondered why your neighbourhood chicken shop does not have your favourite meat, or even if it does, is pricing it too high? Amit Saraogi, Managing Director of Kolkata-based Rs 550 crore Anmol Feeds Pvt Ltd, a feed supplier to the poultry industry, says it is the complete breakdown of India's chicken economy - hatc...
the poultry industry is struggling to meet the demand for feed. operations of solvent companies that produce maize gluten, rice bran oil, etc. have been hit due to labour shortage, administrative restrictions and shortage of trucks and truck drivers. the list included 48 food and grocery companies like Adani Wilmar Ltd...
Negative
https://www.financialexpress.com/investing-abroad/stockal-specials/say-yes-to-investing-in-the-market-and-no-to-the-timing/1952364/
Today let us discuss importance of staying invested in market at all times. Human psychology often causes us to be overly bullish or bearish depending on the overall market’s existing trend. As a result, when the prevailing sentiment is optimistic in nature, investors tend to plough in more money into the market and t...
human psychology often causes us to be overly bullish or bearish depending on the overall market’s existing trend. when the prevailing sentiment is optimistic, investors tend to plough in more money into the market and tend to pull out money, often as a fire-sale, when sentiment turns pessimistic. to support this hypot...
Negative
https://www.financialexpress.com/market/asian-markets-a-reluctant-spectator-to-us-political-theatre/1423215/
Asian stocks were subdued on Monday as investors fretted that political instability in the United States was leaving the country rudderless at a time when the global economy was showing signs of faltering. Moves were limited by a holiday in Japan while many bourses are set to close early for Christmas. MSCI’s broadest...
a holiday in japan limited Asian stocks to a halt. the u.s. government shutdown could continue into the new year. the u.s. economy is showing signs of faltering. a u.s. treasury analyst says the economy is "not a stable place" in the world. a u.s. treasury analyst says the economy is "not a stable place"
Negative
https://www.financialexpress.com/market/share-market-today-live-updates-sensex-nifty-rupee-vs-dollar-economy-requires-rs-4-5-trn-fiscal-support-ficci-nirmala-sitharaman-stimulus-package-ril-coronavirus-reliance-jio-may-12-tuesday/1955825/
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic equity market benchmarks BSE Sensex and Nifty 50 trimmed their opening losses and settled over half a per cent down on Tuesday. BSE Sensex ended the session 190 points or 0.60 per cent down at 31,371, while the Nifty 50 index slipped below 9,200...
Sensex and Nifty 50 end session 190 points or 0.60 per cent down on Tuesday. NTPC top Sensex gainer with growth of 5.71 per cent. most sectoral indices traded in green. industry body Ficci seeks immediate support for the Indian economy hit by COVID-19. a self-sufficiency fund for innovation, construction and manufactur...
Negative
https://www.financialexpress.com/industry/ustr-report-based-on-unverified-inputs-and-defamatory-in-nature-snapdeal-on-notorious-markets-list/1944775/
Snapdeal, one of India’s largest e-commerce companies, on Thursday said the report of the US Trade Representatives that placed it in the Notorious Markets List for counterfeiting and piracy, is based on “unverified inputs” and is “defamatory” in nature. In its annual edition of Notorious Markets List for counterfeiting...
Snapdeal has been placed in the notorious markets list for counterfeiting and piracy. the online marketplace has been ranked in the us' 2020 edition. the report is based on 'unverified inputs' and is 'defamatory' in nature. the company has firmly disagreed with the findings of the report. the report also ignores effort...
Negative
https://www.financialexpress.com/market/sensex-nifty-gain-5-after-3-day-trading-holiday-check-whats-driving-this-rally-on-d-street-today/1920990/
After a three-day trading holiday, headline indices Sensex and Nifty started the week with a uptick of nearly 5 per cent on Tuesday mirroring the gains in the global markets. S&P BSE Sensex was trading 1,325 points or 4.80 per cent to 28,961, while the broader Nifty 50 index was ruling at 8,446, up 363 points or 4.5 pe...
Sensex and nifty started the week with a 5% uptick. broader Nifty 50 index ruling at 8,446, up 363 points or 4.5 per cent. 'traders should continue with the "sell on rise" approach,' says analyst. 'we believe the market trend will continue to remain challenging until the fresh cases start to decline'
Negative
http://www.financialexpress.com/market/similar-to-bond-yields-fears-related-to-ongoing-trade-war-may-end-soon-says-market-expert-sandip-sabharwal/1126328/
The ongoing global trade war between US and China – two of the biggest economies in the world – have injected fears in the stock markets and investors alike in the past few weeks. Not only are the investors confused on how to go about it, the volatility has increased manifold in the bourses. However, the trade war fear...
the ongoing global trade war between US and China has injected fears in the stock markets and investors alike in the past few weeks. veteran market investors Sandip Sabharwal believes that the trade war fears will soon wane away, bringing back normalcy to the markets. cheap construction and industries are most likely t...
Negative
https://www.moneycontrol.com/news/world/poll-americans-are-the-unhappiest-theyve-been-in-50-years-5413761.html
It's been a rough year for the American psyche. Folks in the U.S. are more unhappy today than they've been in nearly 50 years. This bold — yet unsurprising — conclusion comes from the COVID Response Tracking Study, conducted by NORC at the University of Chicago. It finds that just 14% of American adults say they're ve...
just 14% of american adults say they're very happy, down from 31% who said the same in 2018. that year, 23% said they'd often or sometimes felt isolated in recent weeks. now, 50% say that. a vaccine works by mimicking a natural infection. a vaccine not only induces immune response to protect people from future COVID-19...
Negative
https://economictimes.indiatimes.com/news/international/business/curtailed-hajj-compounds-saudi-economic-woes/articleshow/76670617.cms
Vacant religious sites. Abandoned pilgrim tents. Lifeless hotels. A stunning emptiness - and fears of economic ruin - haunt the usually bustling city of Mecca after Saudi authorities curtailed the hajj pilgrimage over coronavirus Islam's holiest city usually hosts millions of pilgrims for the annual rite, but the kingd...
the hajj and lesser umrah pilgrimage together rake in some $12 billion. the kingdom has barred overseas visitors from this year's event, scheduled for late July. the virus, which hit the holy city hard, has also battered pilgrimage-reliant businesses. many have reported sweeping layoffs, pay cuts or delayed salaries.
Negative
https://www.moneycontrol.com/news/world/coronavirus-pandemic-global-covid-19-cases-surpass-3-5-million-although-rate-slowing-5217381.html
Global coronavirus cases surpassed 3.5 million on May 4, with deaths nearing a quarter of a million, although the rate of fatalities and new cases has slowed from peaks reached last month, a Reuters tally shows. North America and European countries accounted for most of the new cases reported in recent days, but numbe...
coronavirus cases surpassed 3.5 million on may 4. deaths near a quarter of a million, a Reuters tally shows. there were 84,004 new cases over the past 24 hours, a Reuters tally shows. a vaccine works by mimicking a natural infection. a vaccine helps quickly build herd immunity to put an end to the pandemic.
Negative
https://www.financialexpress.com/economy/gdp-report-to-show-a-damaged-economy-sliding-into-recession/1942887/
The US economy began 2020 riding the crest of a record-long expansion with every expectation that its 11th year of growth would not be its last. Then the economy screeched to a sudden halt. And now it’s in free-fall. On Wednesday, the government will offer a glimpse of how dark the picture has grown and how much worse ...
the economy is in free-fall, but some economists are holding out hope that a recovery will arrive quickly and robustly. some economists say they think the economy will struggle to regain momentum even after the virus outbreak has subsided. the cbo has estimated that GDP will plunge in the current quarter by a 40% annua...
Negative
https://www.businesstoday.in/current/corporate/coronavirus-impact-time-for-employers-to-up-skill-employees/story/404871.html
Coronavirus lockdown has left informal workers high and dry without daily wages. CMIE data shows that of the 12.2 crore people who lost jobs in April, 75 per cent were small traders and daily wage labourers. This reminds one of Charles Dickens' literary masterpiece Hard Times where he referred to factory workers not as...
90% of the workforce is employed in the informal sector where no efforts are made for skilling. government is working on an action plan to upskill and reskill workers once the lockdown is lifted. a huge share of population has very little skills. a government-backed initiative is being implemented to help informal work...
Negative
https://www.businesstoday.in/sectors/banks/indian-economy-who-needs-corporates-to-run-banks-and-how-will-it-help-indian-economy/story/423707.html
A series of economic "reforms" have been unleashed since 2016 that defy economic logic - from the demonetisation of 2016 to the AatmaNirbhar Bharat of 2020. The latest one on the block is to let big corporate/industrial houses run banks. Interestingly, this is the only "reform" which hasn't dropped out of the blue at n...
a series of economic "reforms" have been unleashed since 2016 that defy economic logic. the latest is to let big corporate/industrial houses run banks. this is the only "reform" which hasn't dropped out of the blue at nightly live-telecasts. it is a mere proposal at present, but with far reaching consequences if pursue...
Negative
https://www.moneycontrol.com/news/business/economy/coronavirus-federation-of-indian-exporters-expects-order-loss-of-nearly-50-5120211.html
Representative image The coronavirus crisis is hurting exports of apparels, textiles, gems, and jewelry and could lead to at least 50 percent loss of orders, Federation of Indian Export Organisations (FIEO) told CNBC-TV18. Orders for many consumer goods have been fully canceled or deferred and there is an expectation...
coronavirus crisis hurting exports of apparels, textiles, gems, and jewelry. there is an expectation of 50 percent loss in Q1 of FY21. FIEO: there is no reason to not allow exporters to work at 50 percent capacity. FIEO has requested the government for a Rs 25,000 crore stimulus package. a spokesman for the sri lanka-b...
Negative
https://www.moneycontrol.com/news/business/comment-icici-a-board-that-failed-2631531.html
Nirmalya Kumar It is not often that the failure of a board of directors spills so openly into the public domain. But the ICICI Bank board, under the inept leadership of its Chairman, MK Sharma, has manged to make itself the poster child for poor corporate governance in India. It has sullied the reputation of everyone ...
ICICI bank board has made itself poster child for poor corporate governance in india. savvier promoters take a long view, and protect their reputation among minority shareholders. without a promoter to oversee their behaviour, managers may not align their interests with the shareholders. savanna sabha: if the board kow...
Negative