world bank

 

India receives $69 bn remittances in 2017; retains top slot

Apr 23 2018

India has retained its position as the top remittances receiving country with its diaspora sending about USD 69 bn back home in 2017, the World Bank said.

World Bank shareholders endorse capital increase plan

Apr 22 2018

World Bank said its shareholders endorsed a capital increase package and a set of policy measures to strengthen the international lender's capabilities.

IMF endorses Japan's preference of TPP over two-way trade deal

Apr 22 2018

A multilateral framework like the TPP pact works better in fixing trade imbalances than a bilateral deal, IMF Deputy Managing Director Mitsuhiro Furusawa said.

Deposits in Jan Dhan accounts cross Rs 80,000 crore

Apr 22 2018

Total deposits in Jan Dhan accounts crossed Rs 80,000 crore mark with more people joining the flagship financial inclusion programme, according to official data.

India using digital tech to transform delivery of services: Secy

Apr 21 2018

Garg said that India is now the largest consumer of mobile data in the world with 11 gigabytes mobile data consumption per month.

Indo-US ties need stronger economic bond to realise full potential

Apr 20 2018

The India-US relationship cannot realise its full potential without stronger economic bond, Chief Economic Adviser Arvind Subramanian has said.

ECB still needs to provide copious stimulus: IMF's Thomsen

Apr 20 2018

The ECB should continue to provide ample stimulus but some nations in the emerging part of Europe will have to normalise monetary policy quicker, Poul Thomsen said.

US-China trade row threatens global confidence: IMF's Lagarde

Apr 19 2018

The biggest danger from the U.S.-China trade dispute is the threat to global confidence and investment, IMF Managing Director Christine Lagarde said.

World Bank capital boost does not specify China lending cut: Kim

Apr 19 2018

World Bank Prez Jim Yong Kim said that a plan to strengthen the multilateral lender’s capital base does not specify reductions in loans to China or any other countries.

Countries should work to promote open trade system: IMF's Lagarde

Apr 19 2018

Cautioning that escalation of trade conflicts and financial market volatility, Lagarde said countries should work to promote an open and rules based trade system.

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Global Markets

 

Stocks In News

 

ZENSAR TECH Q4

Revenue up 9.5% at Rs 814 Cr vs Rs 743 Cr

EBIT up 79% at Rs 82 Cr vs Rs 45.8 Cr

EBIT margin at 10% vs 6.1%

Net Profit up 6.9x at Rs 74 Cr vs Rs 10.7 Cr

Other Income at Rs 26.7 Cr vs Loss of Rs 22.8 Cr

All figures are consolidated and comparable QoQ

PERSISTENT TECH Q4

Net Sales up 19% at Rs 344 Cr vs Rs 289 Cr

EBITDA up 15.7% at Rs 191 Cr vs Rs 165 Cr

EBTDA Margin at 55.5% vs 57%

Net Profit up 40.5% at Rs 142 Cr vs Rs 101 Cr

All figures are Consolidated & comparable YoY

OBEROI REALTY Q4

Net Sales up 19% at Rs 344 Cr vs Rs 289 Cr

EBITDA up 15.7% at Rs 191 Cr vs Rs 165 Cr

EBTDA Margin at 55.5% vs 57%

Net Profit up 40.5% at Rs 142 Cr vs Rs 101 Cr

All figures are Consolidated & comparable YoY

GIC HSG FINANCE Q4

PAT At Rs 60 Cr vs Rs 46.6 Cr, Up 28.8% YoY

NII at Rs 109 cr vs Rs 100 cr, up 9%

Revenue From Ops At Rs 296 Cr Vs Rs 266 Cr, Up 11.3% YoY

IDFC BANK Q4

PAT Rs 41.9 Cr vs Rs 176 Cr, Down 76% YoY

NII At Rs 453 Cr vs Rs 502 Cr, Down 10% YoY

Gross NPA At 3.31% vs 5.62% QoQ;

Net NPA At 1.69% vs 2.52% QoQ

Provisions At Rs 242 Cr vs Rs 108.6 Cr , up 2.2x QoQ

RAYMOND Q4

Revenue Rs 1,655 Cr vs Rs 1,506 Cr, Up 10% YoY

EBITDA Rs 176 Cr vs Rs 145 Cr, Up 21% YoY

EBITDA Margin 10.6% vs 9.6% YoY

PAT Rs 53 Cr vs Rs 33 Cr, Up 60% YoY

All Figures Are Consolidated

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