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Finance Source: Economictimes.indiatimes.com

Marc Faber on how to lose the least money over next 10 years

Marc Faber, Editor, Gloom, Boom & Doom Report on how to cope with the selloff 2019. Excerpts from an interview with Nikunj Dalmia of ETNOW. You like to predict trends and let us talk about trends. The first big trend is that global central bankers have started cutting interest rates again. When we started the year, the view was that... go to Article >

Mastercard gives India its 1st unicorn of 2020

0 Days ago Finance Source: Economictimes.indiatimes.com

BENGALURU: Point-of-sales (PoS) services provider Pine Labs has raised a new round of funding from the global card network major Mastercard. While transaction details were not disclosed, the new round is pegged at $100-150 million (Rs 713-1,069... read more

Provisions drop by half, ICICI Bank's Q3 profit soars 158%

0 Days ago Finance Source: Economictimes.indiatimes.com

NEW DELHI: ICICI Bank on Saturday posted 158.32 per cent year-on-year rise in standalone profit at Rs 4,146 crore for the quarter ended December 31. The profit figure stood at Rs 1,605 crore for the same period last year.The bank set aside Rs... read more

2012-13, 2013-14 slowdowns worse than present one: Panagariya

0 Days ago Finance Source: Economictimes.indiatimes.com

Arvind Panagariya, Former VC, Niti Aayog, says in FY20-21, we should get to above 6% growth rate and then we could jump back to about 8% or so. Excerpts from an interview with Tamanna Inamdar of ETNOW. What is your assessment of the economic... read more

Should onions decide the country's course?

0 Days ago Finance Source: Economictimes.indiatimes.com

Kolkata: Reserve Bank of India (RBI) Governor Shaktikanta Das has set broader financial stability as the central bank’s immediate policy-making priority amid concerns over the failure of some non-bank lenders and weaknesses of banks, expanding the... read more

20% TDS if you don't share PAN, Aadhaar info

0 Days ago Finance Source: Economictimes.indiatimes.com

NEW DELHI: The government has made it mandatory for employees, who are subjected to tax deducted at source (TDS), to share their permanent account number or Aadhaar, or face the prospect of a mandatory 20% deduction from their salary.In the latest... read more

The aim is to push HUL to No 2 in five years: Ramdev

0 Days ago Finance Source: Economictimes.indiatimes.com

NEW DELHI: Baba Ramdev-led Patanjali Ayurved will touch Rs 25,000 crore in revenue by the end of the current fiscal year, the yoga guru said on Friday.Ramdev said consumption is expected to start showing signs of recovery in the coming financial... read more

Zensar trims retail portfolio, to focus better on core

0 Days ago Finance Source: Economictimes.indiatimes.com

Pune: Zensar has reduced the size of its retail portfolio to cut volatility and focus on fewer core areas, the IT services provider said.In the past two years, the share of retail in the RPG Group company’s total revenue dropped to just under 14%... read more

Here's what could go wrong if Sitharaman misfires on Feb 1

0 Days ago Finance Source: Economictimes.indiatimes.com

During the week gone by, Mr Market was jittery ahead of the Union Budget and on concerns over high valuation of frontline stocks. However, strong buying emerged in the smallcap and midcap space, helping Nifty50 to surpass its previous highs by a... read more

Chocolate industry may feel the pinch as global cocoa prices rise

0 Days ago Finance Source: Economictimes.indiatimes.com

KOCHI: Indian chocolate industry is likely to feel the pinch of the rise in global cocoa prices because of a supply crunch.India imports large quantity of cocoa beans and powder to bridge the gap between supply and demand in the domestic market.... read more

Delhi's pollution at lowest level this winter

0 Days ago Finance Source: Economictimes.indiatimes.com

NEW DELHI: The capital’s air quality fared much better than usual, doing better than Mumbai and Pune for the first time this winter season.With the 2.5 PM level at 63 micrograms per cubic metre of air, New Delhi saw its lowest mean figure for the... read more

Turnaround year for apple: Analysts

0 Days ago Finance Source: Economictimes.indiatimes.com

NEW DELHI: Apple has likely posted a turnaround in iPhone shipments in the past year, boosted by strong double digit growth in the final quarter, thanks to aggressive pricing and sales promotions and the success of the iPhone XR and the latest... read more