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SBI has no plans to lend to SpiceJet, says Bhattacharya

Arundhati Bhattacharya State Bank of India is not looking at extending any loan to the cash-strapped airline SpiceJet, Chairperson Arundhati Bhattacharya said Friday.

Economy News

Account balance a necessity for Jan Dhan: SS Mundra

SS Mundra RBI deputy governor SS Mundra defends the scheme as a great start and says the government's direct benefit transfers will see more accounts getting used.

IBN Reports

Cash-strapped SpiceJet resumes normal operations

"Today's operations: SpiceJet as of 3:15 PM operated 124 flights with an on-time performance of 90%," airline's COO Sanjiv Kapoor said.

Latest

Do you invest to save tax?

Arnav Pandya Tax saving should not be the only factor that decides if an investment can be bought.

Market Reports

Weekly wrap: Fed saves blushes for Nifty, Sensex; broader markets mixed

Weekly wrap: Fed saves blushes for Nifty, Sensex; broader markets mixed A sell off by FIIs was somewhat offset by domestic buying amid reversal of trend as US Fed said it would be ‘patient’ with interest rate hike

Market Edge

Time to buy HFCs as wholesale rates dip? UBS says go for it

Time to buy HFCs as wholesale rates dip? UBS says go for it UBS expects HDFC's earnings (standalone) to improve from 15 percent CAGR over FY12-14 to 20 percent CAGR in FY16-FY17E. It has upgraded ratings on the stock with a revised target price of Rs 1300.

Market Outlook

Buy Bank Nifty today; upbeat on Infy, LIC, HPCL: Sukhani

Sudarshan Sukhani The Bank Nifty today is a buying opportunity, especially after yesterday's price movement says Sudarshan Sukhani.

Technicals

Euro gains on ECB; stocks up with economic data

The euro rose on Monday on expectations of higher eurozone interest rates while world stocks eked out gains as concerns about Middle East and Japan cast a cloud despite positive economic data.

Global Markets

What's next after a wild week in the market

What's next after a wild week in the market Stocks most often gain in the month of December, so many analysts expect the year to end on a high note, barring external jolts, like the one from Russia in the past week.
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Politics

'#Mufflerman' campaign on social media is inspired by Kejriwal who was often seen with a muffler during campaigning last year and as Delhi chief minister for 49 days.
E-rickshaws or battery-operated vehicles were banned by the Delhi High Court on safety concerns.
Jammu and Kashmir recorded 66 per cent voter turnout and Jharkhand 66.03 per cent.
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India

'#Mufflerman' campaign on social media is inspired by Kejriwal who was often seen with a muffler during campaigning last year and as Delhi chief minister for 49 days.
Mr Rai has been credited with unearthing the 2G spectrum allocation and coal allocation scams as CAG of India.
Jammu and Kashmir recorded 66 per cent voter turnout and Jharkhand 66.03 per cent.
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Tech

Motorola says it will also soon initiate Lollipop upgrade for other Motorola devices in India.
'The vast majority of experts agree that people who operate online are living in an unprecedented condition of ubiquitous surveillance.'
The Boeing Black device encrypts calls and is aimed at government agencies and others that need to keep communications and data secure.
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