A new boss at HDFC Bank is good news, but it is too early to rejoice
newslivenation Leadership adjustments are usually painful for traders as continuity is damaged at the agency. One that comes within the midst of a disaster is much more so. But the succession…
Economy
Replacement demand keeps batteries running for Exide Industries
MUMBAI: Exide Industries Ltd appears to be charging its batteries, anticipating substitute demand within the coming quarters. Shares of Exide jumped about 1.5% on Tuesday as secondary market gross sales…
Yes Bank shares gain nearly 4% after ratings upgrade
NEW DELHI : Shares of Yes Bank on Tuesday gained nearly 4% after Moody’s Investors Service stated it has upgraded the corporate’s long-term overseas forex issuer score by a notch.…
HDFC Bank shares surge 6%; RBI approves Jagdishan as next CEO
MUMBAI: Shares of HDFC Bank Ltd on Tuesday surged almost 6% after reviews of Reserve Bank of India approving Sashidhar Jagdishan as the next chief govt officer of India’s largest…
Why investors must take Q1’s cost savings with a dose of scepticism
Mumbai: The first-quarter outcomes reported to this point for a massive chunk of corporations haven’t been all that unhealthy. While revenues plunged considerably, the outstanding cost-cutting workouts have meant that…
It is too early to cheer the rebound in global manufacturing PMI
MUMBAI: The global manufacturing sector moved again in the growth territory in July, courtesy revival in output and new orders. The JP Morgan Global Manufacturing buying managers index (PMI) rose…
India’s July gold imports drop 24% as prices surge to record
MUMBAI : India’s gold imports in July fell 24% from a 12 months earlier as a rally in native prices to a record excessive curtailed retail purchases amid lockdown in…
Why Colgate stock makes investors smile in covid-19 times
MUMBAI: Shares of Colgate Palmolive (India) Ltd have been resilient. From its pre-covid highs in January, the stock is nearly 5% decrease on the National Stock Exchange. In reality, even…
Gold prices today hit another new high, silver rates rise
Gold continued its record-breaking run in Indian markets with prices today hitting but another excessive. On MCX, October gold futures have been up 0.2% to ₹53,865 per 10 gram. Silver…
Markets likely to rise; IT stocks in focus as Trump signs order on H-1B visa
MUMBAI: Indian markets are likely to open greater on Tuesday with traits in SGX Nifty indicating a optimistic begin for benchmark indices. On Monday, the BSE Sensex ended at 36,939.60,…
Stocks to Watch: Jubilant Life Sciences, Yes Bank, GMR Infra, IT companies, PVR
NEW DELHI : Here’s an inventory of high ten shares that could be in information on Tuesday: IT firms: President Donald Trump has signed an govt order stopping federal companies…
Sensex, Nifty jump 2% led by heavyweights HDFC Bank, RIL
Welcome to the Mint dwell weblog. Track this house for up to date inventory market updates. 04 Aug 2020, 03:41:00 PM IST Markets surge 2%…
The dollar might be falling, but its reign is not over
The US dollar has registered its worst efficiency in a decade by dropping almost 5%. This has resulted in contemporary hypothesis relating to the tip of the dollar’s hegemony because…
Earnings, Microsoft boost Wall Street despite stalemate in Congress on relief
Wall Street’s fundamental indexes rose on Monday as Microsoft’s pursuit of TikTok’s U.S. operations and a clutch of upbeat quarterly earnings studies whereas shrugging off a congressional stalemate on new…
Franklin Templeton debt funds see further dip in NAV as Future Group defaults
Four of the six debt schemes of Franklin Templeton Mutual fund that are underneath winding up noticed further dip in their NAVs attributable to default in fee of dues by…