Top Finance News Headlines

Of consumerism, market euphemism, and the Union Budget

Monday, the fate of the economy will be sealed. Pranab Mukherjee, Union Finance Minister, will lay down the growth agenda for the economy. Yes, growth. This is evident from the fact that Prime Minister Manmohan Singh has always focused on the growth agenda along with rural development including healthcare and education for ...

Latest Finance News Headlines

15 - 30 minutes old

Farmers should be covered by crop insurance: BJP

- DNA India

Farmers should be covered by crop insurance and the Centre should pay the premium in the face of drought-like situation in the country....

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4 - 6 hours old

IDFC Q1 net profit seen at Rs 210 cr: KRChoksey

- MoneyControl

KRChoksey has come out with its earning estimates on Banking Sector for the quarter ended June 2009. According to the research firm, Infrastructure Development Finance Company\'s (IDFC) June quarter net interest income is expected to go up by 1% to Rs 385 crore on YoY basis....

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Of consumerism, market euphemism, and the Union Budget

- MoneyControl

Monday, the fate of the economy will be sealed. Pranab Mukherjee, Union Finance Minister, will lay down the growth agenda for the economy. Yes, growth. This is evident from the fact that Prime Minister Manmohan Singh has always focused on the growth agenda along with rural development including healthcare and education for ...

Read @ MoneyControl Details...
10 - 12 hours old

'Multilaterals need more cash'

- Economic Times

Multilateral lenders need more resources to help countries weather the global economic crisis, finance ministers from the Americas agreed on Friday. ...

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16-18 hours old

Last minute buy takes Sensex up 254

- Economic Times

Equity benchmarks rose close to 2% on Friday, led by short-covering ahead of the much-awaited Union Budget on Monday....

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Social, rural sectors to benefit from Budget

- The Asian Age

pfont size="2"strongAGE CORRESPONDENT/strong/font /p pNew Delhi/p pJuly 3: Continuing with its strategy to counter global financial meltdown and bring the country?s economy back on higher growth trajectory, the government is all set to provide an additional Rs 40,000 crores from the Interim Budget (Rs 285 lakh crores). T...

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PM praises Mamata for ?competent job?

- The Asian Age

pfont size="2"strongAGE CORRESPONDENT/strong/font /p pNew Delhi/p pJuly 3: Commending railway minister Mamata Banerjee for doing a quot;competent jobquot; at a very short notice, Prime Minister Manmohan Singh on Friday said her Railway Budget will make train travel a quot;desirable experiencequot;./p pquot;She (Mamata) ...

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Tata Cap, Mizuho to raise $500m in Japan

- DNA India

Tata Capital, a subsidiary of Tata Sons, has tied up with Japanese securities firm Mizuho Securities to raise a private equity fund in Japan. ...

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Sensex lifeline: high beeps and pratfalls

- Live Mint

CNBC-TV18 meets the top gainers and losers and finds out what the players feel about Friday?s markets...

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18-20 hours old

Lounge review | Valhalla, Mumbai

- Live Mint

For the lawyers, bankers and brokers of Nariman Point in Mumbai,Valhalla is a new business lounge for meetings, conferences or lunch with colleagues...

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PFC to cut lending rates by 25 basis points

- DNA India

Power Finance Corporation (PFC), the country's largest power sector financier, is considering a cut in lending rates....

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Voluntary disclosure of income scheme: A workable idea?

- MoneyControl

As part of his dream budget back in 1997, then Finance Minister P Chidambaram introduced the voluntary disclosure of income scheme (VDIS) go bring tax evaders into the netboost the government’s revenue. 12 years later there is growing buzz that is similar amnesty scheme could be in the work,this time to generate fund to spe...

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Budget only for 8 months but Pranab should go allout: ExFM

- MoneyControl

Member of the opposition party BJP and former finance minister Yashwant Sinha said the Pranab Mukherjee should go allout in presenting the union budget and must not think it would be valid for only about eight months....

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Tata Capital to raise money for PE funds

- MoneyControl

The world may be strapped for cash, but Tata Group\'s Finance Arm, Tata Capital, says its plans raise capital for its private equity funds quite easy. CNBCTV18’s Kenan Machado reports....

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20 - 24 hours old

CEO Speak: Healthcare sector wants industry status

- IBN Live Business

title=What does Corporate India want from the Finance Minister? ...

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MFs net sell Rs 207.10 cr in equities on July 2

- MoneyControl

On July 2, 2009, mutual funds (MFs) were net sellers to the tune of Rs 207.10 crore in equities. They made gross purchase of Rs 755.70 crore and gross sales of Rs 962.80 crore. ...

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Sensex gains 255 points, up 1.74%

- Times of India

The stock market spiralled up today following the Railway Budget, with the benchmark Sensex soaring by 255 points on heavy buying by foreign funds....

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Earlier News

RIL allots 47,945 shares to employees under ESOS

- Economic Times

Diversified business conglomerate Reliance Industries Ltd (RIL) has alloted 47,945 equity shares to its employees under Employees Stock Option Scheme (ESOS)....

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Emerging mkt funds see record inflow

- Economic Times

Equity funds focussed on India and other Asian countries cornered more than 85 per cent of the record investment of $26.5 billion in emerging markets in the second quarter of this year, a report says....

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RIL allots 47,945 shares to its staff

- Economic Times

Diversified business conglomerate Reliance Industries Ltd (RIL) has alloted 47,945 equity shares to its employees under Employees Stock Option Scheme (ESOS)....

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Changes to be made in National Agricultural Insurance Scheme

- Live Mint

The scheme envisages coverage of all food crops, oilseeds and annual commercial crops in respect of which past yield data is available for adequate number of years...

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Midsession: Sensex extends gains to 1% on short-covering

- Live Mint

At 2:17pm, the 30-share BSE Index was up 0.8% at 14,769.53 points, with 17 stocks gaining, after rising as high as 14,807.54...

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PM Manmohan compliments Mamata on a 'competent job'

- DNA India

Singh said many facilities using innovative financial mechanisms like public-private partnerships were proposed, "to improve railway production and to finance more investment". ...

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Mahindra and Mahindra among major gainers

- MoneyControl

At 2:07 pm, Mahindra and Mahindra was among major gainers on the Sensex. It touched an intraday high of Rs 736.20 and an intraday low of Rs 703. The share was quoting at Rs 734.50, up Rs 22.05, or 3.09%. It was trading with volumes of 195,974 shares. Yesterday the share closed down 0.27% or Rs 1.90 at Rs 712.45....

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Mkts gain strength led by cap good, power, banks, pharma

- MoneyControl

At 14:10 hours IST, the markets gained some more strength on the back of buying in banking (barring HDFC Bank), power, capital goods, select metal stocks along with Bharti Airtel. The Nifty was inching towards the 4400 mark....

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Nifty above 4400; financials, infrastructure, metals up

- MoneyControl

At 14:45 hours ISTthe benchmark indices extended gains on the back of huge rally in financials, infrastructure and metal stocks. The 50share NSE Nifty has surpassed the 4400 mark but on low volumes. The market breadth also improved a bit; About 647 shares advanced while 569 shares declined on the NSE....

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Debt-ridden Jackson applied for loans under 20 fake names

- DNA India

Michael Jackson was so desperate to have money that he had applied for loans under 20 different names....

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Jackson concert bosses hope to recover losses via $17.5M insurance cover

- DNA India

The organisers of Michael Jackson's London concert hope to recover their losses through the insurance cover....

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Shriram Transport Finance soars high

- MoneyControl

Shriram Transport Finance Corporation touched an intraday high of Rs 326 and an intraday low of Rs 287.40. At 12:50 pm, the share was quoting at Rs 318.20, up Rs 28.55, or 9.86%. It was trading with volumes of 74,069 shares. Yesterday the share closed down 2.23% or Rs 6.60 at Rs 289.65. ...

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Sensex falls over 150 points after weak global cues

- DNA India

The Sensex fell by over 150 points in the opening trade today on heavy selling by funds in heavyweight stocks amid weak Asian stock markets....

Read @ DNA India Details...