J&K CM Mehbooba Mufti resigns after BJP-PDP split

India Infoline News Service Jun-19-2018

Though the alliance was shaky from the start, it came to the fore after the BJP-led Centre announced that the Ramzan ceasefire would not continue.

Nifty trades below 10,750 mark; Reliance Industries, Infosys stocks slip

India Infoline News Service Jun-19-2018

The most actively traded stocks on the NSE were ICICI Bank, Dr. Reddy's Labs, Tata Steel, TCS and HDFC Bank.

U.S. Stock Futures slide as Trump ramps up trade tensions

India Infoline News Service Jun-19-2018

Futures on the S&P 500 index dropped 1.3%, while contracts on the Nasdaq and the Dow Jones Industrial Average Index futures tumbled 1.3% and 1.4%, respectively.

Nifty Metal, PSU Banks and Realty lose over 2%

India Infoline News Service Jun-19-2018

They were mainly affected by weakness in global stocks as the US-China trade conflict intensified.

European stocks slump at open as U.S.-China trade spat escalates

India Infoline News Service Jun-19-2018

The Stoxx Europe 600 Index fell 1.2% in the opening minutes of trading, led lower by miners and tech stocks.

Footwear stocks gain; Relaxo Footwear hit new high

India Infoline News Service Jun-19-2018

Shares of Relaxo Footwear hit new high, while Bata India is trading close to its record high on the BSE in todays trade.

Best Mutual Funds for SIP

India Infoline News Service Jun-03-2018

Investing in mutual funds via Systematic Invest Plan (SIP) is the best way to creating wealth in the long-term. SIP is a way to regularly invest a fixed amount in mutual fund schemes.

Top mutual funds for FY19

others May-30-2018

The equity market has been volatile so far in April-May 2018 due to rising crude oil prices and bond yields, uncovering of governance issues in banks and the possibility of four rate hikes in 2018 in the US. Therefore, investors should use the current volatility as an opportunity to create wealth in long-term.

Fund Review SBI BlueChip Fund

India Infoline News Service May-30-2018

SBI BlueChip Fund has the second largest AUM of Rs. 19,088 cr as on April 30, 2018, among large cap equity mutual funds. The fund started its journey on February 14, 2006. Since September 2010, Ms. Sohini Andani has been managing the scheme.

Should you remain invested in HDFC Prudence Fund?

India Infoline News Service May-23-2018

HDFC Prudence Fund has the largest AUM of Rs37,998cr as on April 30, 2018, among all equity-oriented mutual funds. The fund started its journey on February 01, 1994, and has given a return of ~18% CAGR since then, as on May 20, 2018.

Top stocks bought and sold by mutual funds in April 2018

India Infoline News Service May-15-2018

Mutual funds received record-breaking inflows of Rs6,690cr into the mutual fund industry via SIP in April 2018. During FY18, the mutual funds received Rs67,190cr of inflows in mutual funds via SIPs compared to Rs43,921cr during FY17.

Now invest in SBI Small & Midcap Fund upto Rs25,000 per month via SIP mode

India Infoline News Service May-08-2018

The fund primarily invested in Small and Midcap equity and equity related securities of the companies in the small and midcap segment. The fund has mandate to invest in maximum of 30 stocks.

European stocks slump at open as U.S.-China trade spat escalates

India Infoline News Service Jun-19-2018

The Stoxx Europe 600 Index fell 1.2% in the opening minutes of trading, led lower by miners and tech stocks.

Chinas Stock Index falls below 3,000 for first time since 2016

India Infoline News Service Jun-19-2018

The Shanghai benchmarks 3,000 level has been seen as a red line that would invite government intervention.

Asian stocks dip after Trump threatens further tariffs on Chinese goods

India Infoline News Service Jun-19-2018

Japanese and South Korean shares retreated and S&P 500 Index futures declined after Trump said he has directed the US Trade Representative to identify $200 billion worth of China goods for additional tariffs.

US stocks retreat on trade concerns as oil gets a lift

India Infoline News Service Jun-18-2018

Oil rose before a key OPEC meeting this week, while Treasuries gained and the dollar steadied.

European stocks fall as oil shares sink on upcoming OPEC clash

India Infoline News Service Jun-18-2018

The Stoxx Europe 600 Index retreated 0.2%, after adding 1% last week as the euro weakened.

Asian stocks drop on trade war; Oil falls

India Infoline News Service Jun-18-2018

A jump in the yen weighed on Tokyo stocks, with the Topix index poised for its biggest slide in almost three weeks.

IDBI Bank revises interest rate

India Infoline News Service Jun-18-2018

IDBI Bank decided to revise the interest rates of Retail (Resident /NRO/NRE) Term Deposit (RTD), Recurring Deposit (RD) and Premium term deposit with effect from June 18, 2018.

AutoCrib announces new South Asia Partner

India Infoline News Service Jun-13-2018

AutoCrib South Asia will offer the full scope of the companys products and services as well as regional technical and logistical support to distributors and end users.

Marg ERP partners with ICICI Bank

India Infoline News Service Jun-13-2018

This integration enables ICICI Banks current account holders to securely connect their bank account with the Marg ERP software and undertake an array of digital transactions from within the ERP platform.

Tata Power Renewable Energy bags 150 MW Solar PV project in Maharashtra

India Infoline News Service Jun-11-2018

TPREL has received the Letter of Award to develop the project and will sign a 25-year Power Purchase Agreement (PPA) with the Maharashtra State Electricity Distribution Co. Ltd (MSEDCL).

Videocon controversy: ICICI bank, Chanda Kochhar to face US probe

India Infoline News Service Jun-11-2018

They will face an investigation by the US market regulator Securities and Exchange Commission (SEC).

Rupee extends gain, inches closer to 66/$1, as RBI hikes repo rate by 25bps

India Infoline News Service Jun-06-2018

The Indian rupee extended gains and edged closer to 66/$1, as the Reserve Bank of India (RBI) hiked the benchmark interest rate by 25bps to 6.25%, while keeping its stance neutral. The rupee was trading at 67.07/$1, up by 0.07paise against the US dollar. The home currency opened at 67.07/$1 compared to Tuesdays closing price of 67.15/$1.

BOJ keeps policy unchanged, downgrades assessment of inflation

India Infoline News Service Jun-15-2018

The central bank downgraded its assessment of inflation after raising it in January. It said it now sees the consumer priceindex in a range of 0.5% to 1%.

India May WPI rises 4.43%; Fuel price inflation at 11.22%

India Infoline News Service Jun-14-2018

The index for Food Articles group rose by 0.2% to 140.1 (provisional) from 139.8 (provisional) for the previous month.

Indias current account gap in Q4 widens more than forecast on oil woes

India Infoline News Service Jun-13-2018

The shortfall was $13bn in January-March, or 1.9% of gross domestic product, the RBI announced on Wednesday.

India's industrial production in April rises to 4.9%

India Infoline News Service Jun-12-2018

Manufacturing, which has a whopping 78% contribution to the index, output in the month rose 5.2% yoy

Indias May CPI accelerates to four-month-high

India Infoline News Service Jun-12-2018

Consumer prices climbed 4.87% in May from a year earlier, the statistics ministry said on Tuesday.

Indian government should meet fiscal deficit target for FY19

India Infoline News Service Jun-07-2018

Moody's assumes that subsidies on energy products will not change in the near term.