Economy

 

Bundesbank chief warned German cabinet of economic risks: Paper

Jul 15 2018

The chief of Germany’s central bank, Jens Weidmann, warned the government of increasing risks of the economy cooling when he spoke at a July 6 cabinet meeting, business newspaper Handelsblatt reported, citing government sources.

FDI in services sector slumps 23% in 2017-18

Jul 15 2018

FDI inflows in the services sector declined by about 23 per cent to USD 6.7 billion in 2017-18, according to the Department of Industrial Policy and Promotion (DIPP).

No claimants for India-linked dormant Swiss bank accounts!

Jul 15 2018

It is the third year since Swiss banks made public a list of accounts lying dormant without any trace of owners and no claimant has come forward for those with Indian links, even as a political slugfest continues in India over alleged black money parked there.

RBI gets global praise for targeted communication tools

Jul 15 2018

The RBI has come in for effusive praise by the global banking authority, the Bank for International Settlements (BIS), for its effective communications strategy.

FPIs selling spree continues; withdraw Rs 1,200-cr from debt mkts

Jul 15 2018

Continuing their selling spree, foreign investors have pulled out nearly Rs 1,200 crore from the debt markets in the first two weeks of the month on higher fuel prices and possibilities of rate hike by the US Federal Reserve.

Indian Markets

 
  • SENSEX

    36,541.63 6.78   (-0.02 %)
  • NIFTY

    11,018.90 4.30   (-0.04 %)
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Global Markets

 

Stocks In News

 

COFFEE DAY

ICICI Lombard sells 17.7 Lk shares or 0.84% equity at Rs 270/sh

VAKRANGEE

In pact with Reliance Nippon to sell Mutual Fund products

Nextgen Vakrangee Kendras to offer mutual fund distribution on pan India basis

TATA STEEL

Plans to sell part of se Asia biz as part of strategy to exit non scalable biz

To sell Singapore & Thailand units valuing them at $ 500Mn

Singapore & Thailand biz contributes 16% to revenues & 2% to EBITDA

To turn focus to domestic market

ET REPORTS

IDFC

Avendus cap-KKR emerge as frontrunner to acquire IDFC MF

Offer of Rs 3,000-4,000 Cr made by FIN services firm

ET REPORTS

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