As the UK voted to leave the EU in the historic Brexit-referendum posing a larger question on the existence of the 28-nation bloc, the impact was clearly felt on the Indian markets — much on expected lines — with the benchmark indices, BSE Sensex ... Deccan Herald, 6 days ago
Disappointed with the Reserve Bank of India's decision to leave policy rates unchanged, India Inc on Tuesday said a rate cut would have helped restore the investment cycle as the industry continues to battle a slump in demand. Experts said a future rate cut would depend on the inflation trajectory, behaviour of monsoon and global factors. "At this time when credit demand is still flat and industry is facing a demand crunch, a rate cut would have done much to restore the investment ...Rediff.com, 3 weeks ago
Markets ended higher led by banks, amid firm global cues, after the RBI kept key policy rates unchanged amid inflation concerns but maintained an 'accomodative' monetary policy stance going forward. The S&P BSE Sensex ended up 232 points to settle above 27,000 at 27,010 for the first time since October 28, 2015 and the Nifty50 settled 65 points higher at 8,266. In the broader markets, the BSE Midcap and Smallcap indices ended up 0.3%-1% each. Market breadth was positive with 1481 ...Rediff.com, 3 weeks ago
Die-hard fans of the sage of Omaha, Berkshire chairman and legendary investor Warren Buffett, can hear him dish out investment maxims from the comfort of their homes. It’s that time of the year when a number of top Indian investment professionals make a pilgrimage to Omaha to attend the annual shareholders’ meeting of Berkshire Hathaway on Saturday (April 30). But, with the entire event set for a live webcast for the first time this year, die-hard fans of the sage of Omaha, ...Rediff.com, 2 months ago
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