Indias domestic air passenger growth eases in February

India Infoline News Service Mar-22-2019

The overall cancellation rate of scheduled domestic airlines for the month of Feb 2019 has been 1.89%.

European stocks decline led by industrial goods, banks

India Infoline News Service Mar-22-2019

On the currency front, the euro slumped after miserable data from the German manufacturing sector renewed worries about global growth on Friday.

Alkem says manufacturing at US unit to be withheld; stock ends 1% lower

India Infoline News Service Mar-22-2019

It is to be noted that the said product is not being manufactured at this time as it is awaiting approval from USFDA, the company said in the filing.

Markets closed on a negative note; OMC stocks tumble

India Infoline News Service Mar-22-2019

Nifty & Bank Nifty index added fresh open interest, indicating a marginal addition of short positions.

Cadila says no observation by USFDA on Ahmedabad R&D facility; stock slips 2%

India Infoline News Service Mar-22-2019

At the end of the inspection, no observations (483) have been issued, the company added.

Rupee volatility: Depreciates 27 paise at 69.10/$

India Infoline News Service Mar-22-2019

At 3:00, PM, IST, the rupee was trading 69.02 against the dollar.

Industry's AUM registers monthly, yearly growth in January 2019

India Infoline News Service Feb-14-2019

AUM under the Equity (including ELSS), Balanced, and other ETFs came in at Rs10.57 lakh cr in the month under review as against Rs10.73 lakh cr in December 2018.

Mutual fund SIPs rise 29% yoy in Dec'18, marginally higher m-o-m

India Infoline News Service Jan-08-2019

Mutual funds received Rs8,022.33cr via SIP in December 2018, indicating a rise of 29% yoy, as per data from AMFI as retail investors stay put with their investment plans in a volatile market.

A beginner's guide to ELSS funds

India Infoline News Service Jan-06-2019

Equity-linked savings schemes or ELSS funds have a lock-in period of three years, which is shorter than other tax-free investments. They offer advantages of wealth growth and tax saving as well. The mandatory lock-in period also helps secure savings.

Direct Mutual Funds vs. Regular Mutual Funds

India Infoline News Service Dec-21-2018

If you are comfortable taking all your investment decisions on your own, Direct Plans can be a good option. Otherwise, you are in safe hands by opting for a Regular Plan.

DHFL to sell entire DHFL Pramerica Asset Managers stake

India Infoline News Service Dec-18-2018

DHFL holds 50% stake in the mutual fund business17.12% directly and 32.88% through subsidiary DHFL Advisory and Investments Pvt. Ltd, according to the BSE filing.

Net inflows in equity schemes decline 34% in Nov 2018

India Infoline News Service Dec-07-2018

The total AUM of the mutual fund industry grew 8.1% mom to Rs24.03 lakh cr in November 2018 against 0.9% mom in October 2018. In November 2018. The AUM of all categories of mutual funds increased except Gold ETFs and FoFs (Overseas).

Fed leaves interest rates unchanged

India Infoline News Service Mar-21-2019

The 12-member Federal Open Market Committee most recently voted to increase its benchmark interest rate by a quarter percentage point, raising it to a target range between 2.25% and 2.5% at the end of 2018.

European markets trade mixed on Monday

India Infoline News Service Mar-18-2019

The pound fell as Prime Minister Theresa May continued to face opposition to her Brexit plans, pushing up UK equities.

Asian markets trade higher ahead of US-China trade developments

India Infoline News Service Mar-18-2019

The Shanghai composite rose 1.1%, Hong Kong's Hang Seng index rose around 0.8%, while the Kospi is trading marginally higher.

Asian markets trade higher; Shanghai Composite up 1.5%

India Infoline News Service Mar-15-2019

Equities in Japan and China outperformed, with modest gains seen in Hong Kong.

Chinas slowdown hits employment even as recovery signs emerge

India Infoline News Service Mar-14-2019

With industrial output having its worst start to a year since 2009 and retail sales expanding at the slowest pace since 2012, the unemployment rate jumped to 5.3% in February from 4.9% in December, the highest level in two years.

Asian stocks trade mixed; Nikkei 225 up ~1%

India Infoline News Service Mar-14-2019

The S&P 500 Index climbed to a four-month high as it held above the key 2,800 level.

Hyundai and Kia invest $300mn in Ola

India Infoline News Service Mar-19-2019

The agreement will see the three companies extensively collaborate on developing unique fleet and mobility solutions; building India-specific electric vehicles and infrastructure.

Leo Puri joins the Board of Northern Arc Capital as Chairman

India Infoline News Service Mar-18-2019

Puri currently serves on the Boards of Hindustan Unilever and Dr. Reddys as an Independent Director. He has also served as Independent Director on the Boards of Max New York Life Insurance Company, Infosys and Bennett Coleman & Co.

Mahip Industries 288th company to get listed on BSE SME Platform

India Infoline News Service Mar-12-2019

Mahip Industries Limited is a Gujarat based company whose registered office is at Ahmedabad.

Hiring activity grew 16% YoY in February this year: Naukri

India Infoline News Service Mar-12-2019

In the month of February 2019, hiring in Chennai was up by 30%, likewise Bangalore was up by 19%, Pune by 25% and Hyderabad by 14%.

Dharmesh Arora appointed to become Regional CEO for Asia Pacific of Schaeffler Group

India Infoline News Service Mar-06-2019

Managed out of Singapore, the region Asia Pacific is responsible for the business in Japan, Korea and South East Asia, where the Schaeffler Group is just building two new plants in Thailand and Vietnam.

NSE rolls out a new feature on its goBID app to allow retail investors to invest in government securities

India Infoline News Service Feb-26-2019

The feature is introduced to target retail investors having demat account and are interested in investing in government securities.

GST Council approves transition plan for new tax rates for realty sector

India Infoline News Service Mar-20-2019

Accordingly, the council has decided that builders can pick between paying 12% for non-affordable houses with ITC benefits or 5% without the tax rebates for under-construction houses.

Indias trade deficit narrows to $9.59bn in February

India Infoline News Service Mar-16-2019

The trade deficit shrank to a 17-month low in February. The previous low for the trade gap was $9.4 billion in September 2017.

GDP growth slows - What are the major pain points?

India Infoline News Service Mar-16-2019

GDP for the third quarter came in lower than the previous two quarters at just 6.60% on the back of weakening trade amidst the US-China trade war.

WPI Inflation rises to 2.93% in February

India Infoline News Service Mar-14-2019

The rate of inflation based on WPI Food Index consisting of Food Articles from Primary Articles group and Food Product from Manufactured Products group increased from 0.07% in December 2018 to 1.84% in January 2019.

Jan IIP at 1.7%; Feb Retail inflation up by 2.57%

India Infoline News Service Mar-12-2019

Industrial production growth for the month of January 2019 fell to 1.7% as against 2.4% for the month of December.

Hiring activity grew 16% YoY in February this year: Naukri

India Infoline News Service Mar-12-2019

In the month of February 2019, hiring in Chennai was up by 30%, likewise Bangalore was up by 19%, Pune by 25% and Hyderabad by 14%.