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Sales will normalise by end of Q3, says Adi Godrej - Moneycontrol.com

Moneycontrol.comSales will normalise by end of Q3, says Adi GodrejMoneycontrol.comSales impacted due to demonetisation will normalise by the end of this quarter, says Adi Godrej, Chairman of Godrej Group. No de-growth is expected in Q3 or Q4 of the curren.....»»

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Rosneft looks to complete Essar Oil deal in "next few weeks" - Economic Times

Economic TimesRosneft looks to complete Essar Oil deal in 'next few weeks'Economic TimesNEW DELHI: Russian oil giant Rosneft today said it will close deal to buy India's second-biggest private oil firm Essar Oil in next few weeks to gain a foo.....»»

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Economic changes don"t happen overnight, agenda for them can always be laid: Arun Jaitley - The Indian Express

The Indian ExpressEconomic changes don't happen overnight, agenda for them can always be laid: Arun JaitleyThe Indian Express"Earlier mindset of policymakers was that just by dishing out a few favours to the affluent you can bring changes in the count.....»»

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21678 passengers availed Air India"s "Spot Fares" scheme - Business Standard

21678 passengers availed Air India's 'Spot Fares' schemeBusiness StandardA total of 21,678 passengers availed the last minute ticket sale scheme, which was launched by the national carrier Air India in early July this year under which it offer.....»»

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Demonetisation: Enforcement Directorate Enquiry At 50 Banks Across Country - NDTV

NDTVDemonetisation: Enforcement Directorate Enquiry At 50 Banks Across CountryNDTVNew Delhi: Stepping up action to check financial crimes post demonetisation, the ED on Wednesday launched an 'enquiry of records' operation at over 50 bank branches .....»»

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Government seeks nod for additional spending of Rs 60, 000 crore - Times of India

NDTVGovernment seeks nod for additional spending of Rs 60, 000 croreTimes of IndiaNEW DELHI: The government on Wednesday sought parliamentary sanction for an additional spending of nearly Rs 60,000 crore, which involved cash outgo of over Rs 35,000 crore .....»»

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FDA issues observations post Sun Pharma Halol plant inspection - Economic Times

Economic TimesFDA issues observations post Sun Pharma Halol plant inspectionEconomic TimesNEW DELHI: Sun Pharmaceutical Industries today said the United States health regulator has issued an observation letter after the completion of its Halol facility in.....»»

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Before Jayalalithaa, 16 chief ministers who died in office - The Indian Express

The Indian ExpressBefore Jayalalithaa, 16 chief ministers who died in officeThe Indian ExpressThis is not the first time that chief ministers in India have died while in office and states went through similar political upheavals in the event of the deaths.....»»

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3 reasons why RBI went against the wind and kept repo rate unchanged - Economic Times

Livemint3 reasons why RBI went against the wind and kept repo rate unchangedEconomic TimesNEW DELHI: The Reserve Bank of India (RBI) on Wednesday surprised financial markets by keeping the policy rate unchanged at 6.25 per cent at its fifth bimonthly poli.....»»

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MoUs to set up five ethanol plants inked on last day of Petrotech 2016

The last day of Petrotech 2016 saw 11 memorandums of understanding (MoUs) being signed to further India’s hydrocarbon sector. The Ministry of Petroleum and Natural Gas also launched the Web portals o........»»

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Oil steadies on doubts output cut

Global crude oil prices steadied, today, as investors waited to see if OPEC and Russia deliver promised production cuts......»»

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RBI Policy Updates: Repo rate unchanged but lending rates may fall ahead

The Reserve Bank of India (RBI) has announced the decision of its fifth bi-monthly monetary policy review of financial year 2016-17. Updates here......»»

Category: economySource: moneycontrol5 min. ago Related News

Govt seeks LS nod for additional expenditure of Rs 59,978 cr

Presenting a statement showing the supplementary Demands for Grants in the House, Finance Minister Arun Jaitley said of the total of Rs 59,978.29 crore, the net cash outgo would aggregate to Rs 35,171.92 crore......»»

Category: economySource: moneycontrol5 min. ago Related News

Demonetisation: ED enquiry operation at 50 banks across country

Officials said multiple teams of the Enforcement Directorate (ED) swooped early morning at over 50 branches of at least ten banks, both in the private and public sector, along with banking auditors to "scrutinise" transaction records and account statement.....»»

Category: economySource: moneycontrol5 min. ago Related News

Centre mulls scrapping wheat import duty to boost supplies

The government had in September lowered wheat import duty to 10 percent from 25 percent till February......»»

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Monetary Policy: RBI keeps repo rate unchanged at 6.25%

The Reserve Bank of India (RBI) on Wednesday kept its key lending rate —the repo rate—unchanged at 6.25 percent against a widely-anticipated cut of 25-50 basis points......»»

Category: economySource: moneycontrol5 min. ago Related News

RBI cuts FY17 GDP growth 50 bps to 7.1% on demonetisation blow

The central bank sees near term downside risks travelling through two major channels: (a) disruptions in economic activity in cash-intensive sectors such as retail trade, hotels restaurants and transportation, and in the unorganised sector; (b) contracti.....»»

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Experts View on RBI"s policy rate unchanged

The Reserve Bank of India (RBI) unexpectedly kept its policy repo rate unchanged at 6.25 percent on Wednesday, despite calls for action as an intense cash shortage threatens to slam the brakes on the world's fastest growing major economy......»»

Category: economySource: moneycontrol5 min. ago Related News

Note ban, GST to improve tax compliance, fiscal maths: Report

According to Lendingkart Group and Dun Bradstreet Insight Study, demonetisation of high-value notes is a step in the right direction to curb illicit economy and moving towards a cash-less and transparent economy......»»

Category: economySource: moneycontrol5 min. ago Related News

Incremental CRR withdrawal a relief to banks: Experts

The RBI has kept in the mind the possible rise in crude prices when keeping the rates unchanged, says Sajjid Chinoy, Economics, JPMorgan. A sudden surge in crude prices could create inflationary pressure on the economy......»»

Category: economySource: moneycontrol5 min. ago Related News

Rs 11.5 lakh crore deposited with banks so far: Dy Governor

Speaking on the cash crunch in the economy, Gandhi said the central bank was trying to provide adequate cash......»»

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Demonetisation to impact activities in cash-intensive sectors

The withdrawal of old Rs 500 and 1,000 notes "could result in a possible temporary reduction in inflation of the order of 10-15 basis points in Q3 (October-December period", the central bank said in the Fifth Bi-monthly Monetary Policy Statement Resolutio.....»»

Category: economySource: moneycontrol5 min. ago Related News

Question of special dividend does not arise: RBI guv Urjit Patel

Actually the withdrawal of legal tender characteristic does not extinguish any of the RBI's balance sheets, and therefore is no implication on the balance sheet as of now, Patel said at a media briefing post the credit policy.....»»

Category: economySource: moneycontrol5 min. ago Related News

Monetary Policy: RBI keeps rates unchanged; abolishes temporary 100% CRR

Awash with funds, banks may start cutting loan rates to productively deploy unexpected deposit surge; RBI lowers 2016-17 growth forecast by 50 basis points to 7.1 percent on demonetisation effect......»»

Category: economySource: moneycontrol5 min. ago Related News

COLUMN: RBI move prudent, transmission of old rate cuts key, says Nomura

The RBI left the cash reserve ratio unchanged at 4 percent, as expected, and announced that the incremental CRR of 100 percent will stand withdrawn from 10 December. The increase in the market stabilisation securities ceiling to INR6trn has boosted the RB.....»»

Category: economySource: moneycontrol5 min. ago Related News

News in Numbers | Cash, jewellery worth Rs130 crore seized after demonetisation

In other news, only 35% of the ATMs which are calibrated to dispense new high-value currencies are functional.....»»

Category: economySource: livemint5 min. ago Related News

Demonetisation: ED launches enquiry at over 50 bank branches nationwide

ED clamps down on branches where huge amounts of cash has been deposited in bank accounts.....»»

Category: economySource: livemint5 min. ago Related News

RBI surprises, keeps policy rate unchanged

RBI in monetary policy review says demonetisation may result in inflation dropping by 10-15 bps in the third quarter of the current fiscal.....»»

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Donald Trump security chief’s affinity for conspiracies worries critics

General Michael T. Flynn has gained prominence in Republican politics by fueling conspiracy theories that critics warn could create serious distractions if it continues.....»»

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Lokpal appointment: Centre seeks to to place parliamentary panel report in SC

Attorney general Mukul Rohatgi said there are a lot of issues with the law that the government is considering to amend.....»»

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Ericsson’s top 10 consumer trends for 2017

Artificial intelligence has emerged as one of the top themes this year.....»»

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ASIA CREDIT CLOSE: Credit quiet; Anton Oilfield outperforms

HONG KONG, Dec 7 (IFR) - Trading was light today in Asiancredit markets as investors bet on a US Fed rate rise next week. Traders said onshore demand was seen dwindling for Chinesenames due to the tight liquidity in the domestic market. "We have seen fe.....»»

Category: real-estateSource: sify5 min. ago Related News

UPDATE 1-Indian bond yields jump as RBI unexpectedly leaves rates steady

(Updates with quotes, details) MUMBAI, Dec 7 (Reuters) - Indian bond yields jumped sharplyon Wednesday while shares fell after the central bankunexpectedly kept the key policy repo rate unchanged, prompting a sudden cutting of long positions acrossthe bo.....»»

Category: economySource: sify5 min. ago Related News

RPT-European shares hit Q4 high as banks advance further

(Repeats to more subscribers) * STOXX Europe 600 index up 0.8 pct * Banking stocks among top gainers * PostNL sinks after rejecting Bpost offer By Atul Prakash LONDON, Dec 7 (Reuters) - European shares climbed onWednesday, with the regional banking i.....»»

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Bond yields jump as RBI unexpectedly leaves rates steady

MUMBAI (Reuters) - Indian bond yields jumped sharply on Wednesday while shares fell after the central bank unexpectedly kept the key policy repo rate unchanged, prompting a sudden cutting of long positions across the board. The Reserve Bank of India cite.....»»

Category: economySource: sify5 min. ago Related News

Sensex fails to hold early gains, ends 156 pionts down as RBI holds rates

The Indian stock market opened on a firm note on Wednesday on positive global cues and expectations of a reduction in interest rates, tumbled around mid afternoon after the central bank held rates unchanged, and despite staging a recovery of sorts soon th.....»»

Category: economySource: sify5 min. ago Related News

Indonesian earthquake: Death toll rises to 97, over 500 injured

A shallow 6.5-magnitude quake hit Indonesia on an early Wednesday morning.....»»

Category: global-financeSource: business-standard5 min. ago Related News

Medtronic to pay $17 million over anti-monopoly charges in China

Beijing views the setting of minimum retail prices by companies as a barrier to competition.....»»

Category: global-financeSource: business-standard5 min. ago Related News

EU fines Credit Agricole, HSBC, JPMorgan $520 mn for Euribor fixing

They were part of a seven-bank cartel that colluded between Sep 2005 and May 2008 to distort the benchmark interest rate used to reflect the cost of interbank lending.....»»

Category: global-financeSource: business-standard5 min. ago Related News

Sun Pharma says US FDA finds more concerns at Halol plant

It is unclear what violations the FDA found; Sun did not disclose them.....»»

Category: global-financeSource: business-standard5 min. ago Related News

BGS Global Hospital Performs Successful Liver Transplant to Treat Acute Liver Failure

Business Wire India

Category: press-releasesSource: businesswireindia10 min. ago Related News

Dogsee Chew Launches its 100% Natural Dog Treats in United States

Business Wire India

  • Dogsee Chew, leading manufacturer and exporter .....»»

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Do NOT Opt for Home Loan Protection Insurance Plans

First I thought the title of this article should be “Home Loan Insurance – Daylight robbery” – so you can imagine what I am trying to say. Most of us wish to have a home in our own name. From a financial perspective, it is a [R.....»»

Category: blogSource: tflguide1 hr. 5 min. ago Related News

Sterling slips after UK industrial output falls sharply

Sterling slipped as much as 0.7 percent on the day against the single currency to 85.145 pence, its weakest since November 30. Immediately before the data release, it was trading around 84.905 pence......»»

Category: forexSource: moneycontrol1 hr. 5 min. ago Related News

To keep house prices in check, construct more roads

Know more about the correlation between building road infrastructure and restricting house prices to moderate levels in Indian metros......»»

Category: etfsSource: moneycontrol1 hr. 5 min. ago Related News

Area around Mumbai’s Sanjay Gandhi National Park declared eco-sensitive zone

The Environment, Forest and Climate Change Ministry has notified an eco-sensitive zone (ESZ) around Sanjay Gandhi National Park (SGNP) in Mumbai, covering an area of 59.46 sq kilometres of which 19.25 sq kilometres is #82.....»»

Category: etfsSource: moneycontrol1 hr. 5 min. ago Related News

RBI dashes hopes of lower home loan rates, keeps rate unchanged at 6.25%

Taking markets by surprise, the Reserve Bank of India (RBI) governor Urjit Patel, on December 7, 2016, kept short-term lending rates unchanged, even as the central bank lowered GDP growth rate to 7.1% and #82.....»»

Category: etfsSource: moneycontrol1 hr. 5 min. ago Related News

Oil prices slip on doubt about output cut

International Brent crude futures were at $53.76 per barrel at 12.12pm, down 17 cents, or 0.32%, from their last close......»»

Category: featuresSource: livemint1 hr. 5 min. ago Related News

Demonetisation to cause short-run disruptions to Indian economy: RBI

RBI says demonetisation could cause ‘short-run disruptions in economic activity in cash-intensive sectors.....»»

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Niti Aayog said to recommend tax breaks for digital payments

The Niti Aayog is said to be recommend an additional charge levied on cash transactions so that more individuals opt for digital payments.....»»

Category: featuresSource: livemint1 hr. 5 min. ago Related News

RBI cuts growth forecast to 7.1%, sees short-term disruption

RBI cuts growth forecast for current fiscal to 7.1%, from 7.6% earlier, saying that short-term disruption in economic activity arising out of demonetisation have led to downside risks to growth.....»»

Category: featuresSource: livemint1 hr. 5 min. ago Related News

Apple blames external damage for China iPhones catching fire

Apple said it had retrieved units for analysis and conducted thorough tests on iPhones which had experienced ‘thermal events’ but brushed off safety concerns.....»»

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That fabulous SoftBank pledge to Donald Trump can’t be real

Donald Trump and Son told the world in New York on Tuesday that the Japanese billionaire will create jobs equivalent to three times those at Facebook.....»»

Category: opinionSource: livemint1 hr. 5 min. ago Related News

Indian shares end lower after RBI keeps rates unchanged

Dec 7 (Reuters) - Indian shares snapped two sessions ofgains to close lower on Wednesday after the Reserve Bank ofIndia unexpectedly kept its repo rate unchanged, despite callsfor action as an intense cash shortage threatens theeconomy. The broader NSE i.....»»

Category: economySource: sify1 hr. 5 min. ago Related News

Sensex, Nifty end lower after RBI keeps rates unchanged

REUTERS - Indian shares snapped two sessions of gains to close lower on Wednesday after the Reserve Bank of India unexpectedly kept its repo rate unchanged, despite calls for action as an intense cash shortage threatens the economy. The Nifty fell as muc.....»»

Category: economySource: sify1 hr. 5 min. ago Related News

European shares hit Q4 high as banks advance further

(ADVISORY- Follow European and UK stock markets in real time onthe Reuters Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets) * STOXX Europe 600 index up 0.8 pct * Banking stocks among top gainers * PostNL sinks after rejecting .....»»

Category: economySource: sify1 hr. 5 min. ago Related News

Corrected: Credit Suisse"s Thiam steps up cost cuts, lowers profit goals

(In penultimate paragraph, corrects 2018 CET1 target to 12-13 pct from 11-12 pct) By Joshua Franklin and Brenna Hughes Neghaiwi ZURICH (Reuters) - Credit Suisse pledged to cut another 1 billion Swiss francs ($991 million) in costs and pared back profit .....»»

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RBI Eases Norms For Online Transactions Up to Rs 2000

The Reserve Bank Of India has relaxed norms for online card transactions up to Rs 2000.  'The AFA (additional factor of authentification) requirement for transactions up to Rs 2000 for online CNP transactions for the ‘payment authentication sol.....»»

Category: topSource: goodreturns1 hr. 5 min. ago Related News

RBI Keeps Repo Rates Unchanged: Loan Interest Rates Unlikely To Fall

The Reserve Bank of India (RBI) today left the repo rate unchanged, in what was a shock to economists and markets, which were largely expecting an interest rate cut. Repo rates are interest rates at which the RBI lends money to.....»»

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RBI To Issue New Rs 100 Currency Notes Soon

The Reserve Bank of India is to issue new Rs 100 currency notes soon. All the banknotes in the denomination of Rs 100 issued by the Bank in the past will continue to be legal tender. The Reserve Bank of India.....»»

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Pained by demise of dear friend Cho Ramaswamy: PM Modi

Ramaswamy, a veteran journalist and former Rajya Sabha member, died in Chennai following illness.....»»

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Taken off: ISRO"s remote sensing satellite PSLV-C36 is on its way up

RESOURCESAT-2A is a follow on mission to RESOURCESAT-1 and RESOURCESAT-2.....»»

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Thieves break into Shashi Tharoor"s Lutyen"s home, steal copper Gandhi glasses gifted by Modi

The thieves took an antique Nataraja idol, 12 small Ganesha idols, and 10 small Hanuman idols. Several items were also lifted from inside Tharoor's temple.....»»

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Rs 100 cr: Kerala-based spiritual organisation biggest donor to Modi"s Swachh Bharat Abhiyan project

Money given by Mata Amritanandamayi Math was much more than some of India's biggest corporate houses.....»»

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Rural women are increasingly accessing government hospitals

Overall, there was a 6% rise in dependence on public healthcare for out-patients and 7% for in-patients over the decade ending 2014.....»»

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Free travel facility likely to be extended to HIV/AID patients

On the occasion 19 patients were given pension under the Sanjay Gandhi Niradhar Yojana.....»»

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Did you know: Jayalalithaa shared a unique bond with Hillary Clinton

In her political career, Jayalalithaa built ties with many leaders across the world -- all inspired by her in some way.....»»

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5% discount on Goa"s Kingfisher Villa; re-auction on December 22

Lenders have set reserve price at Rs 81 cr this time compared to Rs 85.29 cr at the first auction of the property on Oct 19.....»»

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SC to hear plea against CBI interim boss"s appointment on Dec 9

The petition alleged that the Centre took steps in a 'completely mala fide, arbitrary and illegal manner to ensure that Asthana was given the charge of CBI director'.....»»

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RS MPs move plea to impeach Hyderabad HC judge CV Nagarjuna Reddy

MPs alleged that J Nagarjuna Reddy misused his position as a high court judge to victimise a Dalit magistrate.....»»

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Manohar Parrikar to celebrate birthday in Goa, address rally

The party workers and well-wishers will prepare a special cake for the Defence Minister.....»»

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Lok Sabha adjourned for the day now

As the house met for question hour, opposition members continued with the demand for debate on demonetisation under Rule 184 that entails voting.....»»

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LK Advani loses cool; blasts Speaker, Minister for not running Lok Sabha

The House was adjourned repeatedly as opposition members raised slogans.....»»

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Govt seeks Parliament nod for Rs 59,978 cr additional expenditure

Finance Minister Arun Jaitley sought Rs 550 cr for meeting security-related expenses in Jammu and Kashmir.....»»

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IndiGo de-rosters 2 IndiGo pilots over Mamata"s flight issue

Pilots operating flight 6E 342 have been kept off flying duties till investigations and discussions with DGCA are complete.....»»

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India-Pak ties have become sluggish: Govt

VK Singh said that mechanisms have been put in place to ensure release of fishermen caught by either side.....»»

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Heavy rains in Andamans strand 800 tourists, 4 Navy ships deployed

Heavy overnight rains have disrupted normal life in the island with a flood-like situation in north and middle Andamans.....»»

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No category of "martyr" for any casualties: Kiren Rijiju

'Defence Ministry has informed that word 'martyr' is not used in reference to any of casualties in Armed Forces,' Rijiju said.....»»

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Driver commits suicide, says mining baron Janardhana Reddy converted Rs 100 cr black money

The suicide note claims that KAS office asked Reddy to help him get a ticket to contest the 2018 Karnataka elections.....»»

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Bengal Assembly admits no confidence motion against Mamata govt

TMC is, however, comfortably positioned in the House, having won 211 seats in the last Assembly polls.....»»

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Maha Assembly: Prithviraj Chavan suggests introduction of Rs 200 notes

The former chief minister also asked the govt to lift restrictions from district co-operative banks.....»»

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Jharkhand yet to act on IAS officer"s reply over religion conversion issue

The officer had indirectly questioned Chief Minister Raghubar Das over the raising of the religious conversion issue.....»»

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Dilip Kumar announces revovery on Twitter, thanks well-wishers

94-year-old veteran actor was admitted to Mumbai's Lilavati hospital on Dec 7 after complaining of swelling in his leg.....»»

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Five advertisers who have created a buzz on Twitter

The weekly Twitter Advertiser Index lists the brands which have generated most engagement with users on the platform......»»

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Rs 2000: High on functionality but widely criticised

The new generation Rs 2000 currency note has amazing examples of microprinting, making it almost impossible to reprint the notes......»»

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"The next big marketing opportunity lies in the organic, unprocessed and unrefined"

In the west and in specific the Mediterranean region, diet has been enriched with cold pressed virgin/extra virgin olive oil which has clinically proven health benefits......»»

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Will Saregama’s discovery tool help revive the fortunes of a battered music industry?

The use of film songs in India is legion, even as branding experts argue about whether old songs will resonate with a millennial audience......»»

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Is the Indian customer happy? Here"s what CXOs have to say

From financial services, customers expect simpler IVR, better experience when they visit branches, and are happiest with services delivered over the internet......»»

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YouTube"s top ten India ads that resonated most with audiences

The list represents the Top 10 ads on YouTube in India that recognises the brands that performed best through a combination of popularity and promotion......»»

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HDFC’s realty startup RED plans to take property-buying digital

While HDFC’s association as a financial brand is the best form of artillery for RED to stand out in a cluttered realty listing market, its recommendation engine gives it a technological edge......»»

Category: featuresSource: economictimes1 hr. 5 min. ago Related News

Now desi Viagra brand, Stay-On, gives a demonetisation push

For the uninitiated, Stay-On is a power, vitality and stamina capsule brand by Mumbai-based Shree Maruti Herbal that sells over 50,000 capsules every month......»»

Category: featuresSource: economictimes1 hr. 5 min. ago Related News

What strategy should regional brands follow to win over customers?

Regional brands aiming to be pan-India players will need deep pockets and plenty of patience to win over consumers, especially in a cash-starved economy......»»

Category: featuresSource: economictimes1 hr. 5 min. ago Related News

Three reasons why marketing experts are not losing sleep about demonetisation

Even the most pessimistic expect the cuts to last for no longer than a quarter. Or two......»»

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Why it"s high time we acknowledged and appreciated the ever-growing plus size economy

Weight-loss or gain is a conversation starter with family. Friends still joke about giving her that extra slice of pizza at birthday parties......»»

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Learning from demonetisation: Don’t waste the budget, make India feel good again

India can get back on track after demonetisation. But only if the government gets the message on making Indians feel good again......»»

Category: personalSource: economictimes1 hr. 5 min. ago Related News

Income tax department to use analytics to look for discrepancies in bank accounts

While the govt has used big data analytical tools for corporate tax reporting in the past, this is the first time that it will use it on such a large scale......»»

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Bank of Baroda, Bank of India lower lending rates

Bank of Baroda will be charging 9 per cent for six months, 9.05 per cent for one to three years and 9.25 per cent for five years......»»

Category: personalSource: economictimes1 hr. 5 min. ago Related News

From now, no OTP will be required for payments under Rs 2,000

The RBI had earlier relaxed the second factor authentication requirement for transactions in shops using near field communication (NFC) or contactless cards......»»

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Year-end special: Don’t abandon your investments in midcap schemes

Midcap space has been haunted by valuation concerns for a while now. Several pundits have been predicting a meltdown in the space and asking investors to play it safe by betting on largecap mutual fund schemes......»»

Category: personalSource: economictimes1 hr. 5 min. ago Related News

Year-end special: Midcap space will offer decent opportunities, says Neelesh Surana of Mirae AMC

"The underlying trend of economy is on the right track towards recovery given the significant improvement in macros like current account deficit, inflation, interest rates, etc.".....»»

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