A day ahead of the Union Budget 2018, the core sector growth for December turned in at 4% as against 7% in the previous month. The November core sector had been a little elevated due to the base effect of demonetization. The core sector represents the Read more [...]

The Dow Jones index cracked sharply as higher bond yields and the risk of falling healthcare margins led to an across the board sell-off in Dow stocks. Amazon and Berkshire announced a partnership to foray into the healthcare business to bring down healthcare Read more [...]

The Economic Survey announced on Monday ahead of the Union Budget had some positive takeaways and some warning signals issued by the government. On the positive side, the Survey expects GDP for 2017-18 at 6.75% and for 2018-19 in the range of 7-7.5%. Read more [...]

The Nifty is now within striking distance of the 11,000 mark and should be able to scale this level before the end of this month. Quarterly results till now have been fairly encouraging especially among banks and FMCGs We could be facing more of Read more [...]

JSW Steel may double its bid for Bhushan Steel to Rs.30,000 crore and that sets the stage for an aggressive bidding war with Tata Steel and Arcelor Mittal. The committee of creditors had set the liquidation value of Bhushan Steel at Rs.15,000 crore and Read more [...]