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India refuses to endorse trade facilitation deal in WTO

In a statement, the Government of India has suggested postponement of the trade facilitation deal until its concerns of food security are met. It has suggested modification to protocol in preparatory panel.

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Business News

RBI penalises ICICI Bank, Canara Bank, Yes Bank 9 others

RBI penalises ICICI Bank, Canara Bank, Yes Bank  9 others The Reserve Bank said it had "carried out a scrutiny of the loan and current accounts of Deccan Chronicle Holdings, in certain branches of the 12 banks in late 2013". Based on the findings of the scrutiny, the RBI issued showcause notices to these banks in March 2014, to which the individual banks submitted written replies.

Economy News

Experts discuss agenda for new govt beyond Budget 2014

Experts discuss agenda for new govt beyond Budget 2014 An expert panel consisting Rashesh Shah, Chairman and CEO of the Edelweiss Financial Services Group, Kewal Handa, Former Managing Director of Pfizer India and Piruz Khambatta, Chairman Private limited discuss the agenda for the government beyond Budget 2014’s hits and misses on ‘Change India’s second episode.

Latest

Zodiac Clothing Company's director resigns

Zodiac Clothing Company's director resigns Zodiac Clothing Company has informed BSE that Mr. Deepak Parekh, Alternate Director to Dr. Heinrich Dietrich Dieckmann has resigned from the Board of Directors of the Company w.e.f. July 09, 2014.

Market Reports

Nifty up 1.6% this week; broader mkts get reality check

Nifty up 1.6% this week; broader mkts get reality check Broader markets came under selling pressure as earnings reported by some of the major firms in the space did not match the recently appreciated stock valuations

Buzzing Stocks

Indian Bank tanks 9%; April-June nos disappoint street

Indian Bank tanks 9%; April-June nos disappoint street Provisions declined at Rs 325.6 crore in first quarter of current financial year compared to Rs 593.9 crore in previous quarter and Rs 368.1 crore in corresponding quarter of last fiscal that helped the bottomline. Provision coverage ratio stood at 57.56 percent as on June 30, said the bank in its filing.

Market Edge

Reforms or not, India to outperform EM peers: Credit Suisse

Reforms or not, India to outperform EM peers: Credit Suisse The expected recovery off the bottom for the other EMs is much more tepid than in India, says Credit Suisse

Market Outlook

Take profits if mkt slide: Sudarshan Sukhani

Sudarshan Sukhani Watch the interview of technical analyst, Sudarshan Sukhani of s2analytics.com with Latha Venkatesh and Sonia Shenoy of CNBC-TV18. He shared his reading and outlook on the market and also gave recommendations on various stocks.

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

Time to pick up 'dirt cheap' China property stocks?

Time to pick up 'dirt cheap' China property stocks? While Beijing appears to be the only city currently seeing the mortgage discounts, banks in other cities are likely to follow suit, she said, adding that some local governments aren't waiting on the banks and are increasing the availability of pension-backed mortgages.
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Politics

A Rashtrapati Bhavan communique said the President has appointed Solanki as Governor of Haryana with immediate effect.
Catch the day's top stories with Bhupendra Chaubey on India @ 9.
The A-G has claimed that the party must have 10 per cent of House strength to get the Leader of Opposition post.
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India

"The weekly rainfall for the country as a whole was above normal by 24 per cent," the Indian Meteorological Department has said.
Jharkhand Chief Minister Hemant Soren on Saturday said a policy to allocate advertisements to all media houses will be introduced within a few days.
Observing that a partial drought-like situation has gripped Bihar, the state government on Friday said a slew of measures have been taken to tackle the calamity, including provisioning for Rs 776 crore to provide diesel subsidy to farmers for irrigation.
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Tech

The Philips Disney range will be available exclusively on Amazon India's e-commerce platform.
The Smartphone Projector is little cardboard box with a lens and the simple device has no wires or separate sound system.
Tired of using mosquito repellents that appear ineffective nowadays? A new smartphone app can rescue you from that imminent bite.
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