Economy 82
Amazon lifts profit in Q4 despite weak international ops, sees mixed Q1

31 Jan 09:30 • 2 articles

Amazon lifts profit in Q4 despite weak international ops, sees mixed Q1

Amazon said revenues for its fourth quarter advanced to USD 87.4 billion from 72.4 billion the year before, including a negative forex effect of USD 120 million, well in line with expectations. Despite a forecast for a lower profit, the operating profit crept up to USD 3.9 billion from 3.8 billion, and the net profit lifted to USD 3.3 billion or USD 6.47 per diluted share, from 3.0 billion and 6.04 per share.  

31 Jan 09:30 • Telecompaper • 8935968126591116.html
Amazon lifts profit in Q4 despite weak international ops, sees mixed Q1

Amazon said revenues for its fourth quarter advanced to USD 87.4 billion from 72.4 billion the year before, including a negative forex effect of USD 120 million, well in line with expectations. Despite a forecast for a lower profit, the operating profit crept up to USD 3.9 billion from 3.8 billion, and the net profit lifted to USD 3.3 billion or USD 6.47 per diluted share, from 3.0 billion and 6.04 per share.  

31 Jan 09:30 • Telecompaper • 8935968947800813.html
Broadridge Financial Solutions, Inc. (BR) CEO Tim Gokey on Q2 2020 Results - Earnings Call Transcript

31 Jan 17:37 • 1 article

Broadridge Financial Solutions, Inc. (BR) CEO Tim Gokey on Q2 2020 Results - Earnings Call Transcript

Broadridge Financial Solutions, Inc. (NYSE:BR) Q2 2020 Earnings Conference Call January 31, 2020 08:30 AM ET Company Participants Edings Thibault - Head of Investor Relations Tim Gokey - Chief Executi

31 Jan 17:37 • Seeking Alpha • 5725634556094852488.html
Economic Survey: 'Counter-cyclical fiscal policy' to boost demand justified

31 Jan 17:34 • 1 article

Economic Survey: 'Counter-cyclical fiscal policy' to boost demand justified

The Survey places primary blame for the slowdown on global factors, saying 'the deceleration of India's GDP growth since 2017 has tracked the decline in world output'

31 Jan 17:34 • Business-Standard • 1502508925423452418.html
Core sector grows at 1.3% in Dec. 2019

31 Jan 17:32 • 1 article

Core sector grows at 1.3% in Dec. 2019

The growth was, however, lower than the 2.1% recorded in December 2018.

31 Jan 17:32 • The Hindu • 6679535025931137928.html
Economic Survey 2020: India has low rates of formal entrepreneurship

31 Jan 17:31 • 1 article

Economic Survey 2020: India has low rates of formal entrepreneurship

Large number of enterprises operate in informal economy not captured by data

31 Jan 17:31 • The Hindu • 6679535025015714884.html
Financial Institutions, Inc. (FISI) CEO Marty Birmingham on Q4 2019 Results - Earnings Call Transcript

31 Jan 17:29 • 1 article

Financial Institutions, Inc. (FISI) CEO Marty Birmingham on Q4 2019 Results - Earnings Call Transcript

Financial Institutions, Inc. (NASDAQ:FISI) Q4 2019 Results Conference Call January 31, 2020 08:30 AM ET Company Participants Shelly Doran - Director, Investor and External Relations, EVP and General C

31 Jan 17:29 • Seeking Alpha • 5725634557282317940.html
Fiscal deficit hits 132% of full-year target

31 Jan 17:27 • 1 article

Fiscal deficit hits 132% of full-year target

The deficit was 112.4% of 2018-19 Budget Estimate (BE) in the corresponding period.

31 Jan 17:27 • The Hindu • 6679535024565378356.html
Economic Survey 2019-20: Food inflation higher in urban areas

31 Jan 17:17 • 1 article

Economic Survey 2019-20: Food inflation higher in urban areas

Economic Survey moots tighter monetary policy in case of food, fuel price shock

31 Jan 17:17 • The Hindu • 6679535025410805971.html
SBI posts highest ever net on Essar Steel recovery

31 Jan 17:17 • 1 article

SBI posts highest ever net on Essar Steel recovery

Asset quality improves, slippages stay elevated; no big ticket loan going forward, says CMD

31 Jan 17:17 • The Hindu • 6679535025060862826.html
OPEC's oil output in January declined 640K bpd to 28.35 million bpd

31 Jan 16:57 • 1 article

OPEC's oil output in January declined 640K bpd to 28.35 million bpd

The crude oil output of the Organization of the Petroleum Exporting Countries (OPEC) fell 640,000 barrels per day (bpd) in January to 28.35 million bp

31 Jan 16:57 • FXStreet • 4480975638605135965.html
ITC Q3 pre-tax profit rises 4.5% to Rs 5049 cr on hotels, agro businesses

31 Jan 16:42 • 1 article

ITC Q3 pre-tax profit rises 4.5% to Rs 5049 cr on hotels, agro businesses

The company said that the macro-economic environment continues to be adversely impacted as reflected in GDP growth, and persistent weakness in consumption demand and investments

31 Jan 16:42 • Business-Standard • 1502508924981295456.html
Matthews International Corporation (MATW) CEO Joseph Bartolacci on Q1 2020 Results - Earnings Call Transcript

31 Jan 16:24 • 1 article

Matthews International Corporation (MATW) CEO Joseph Bartolacci on Q1 2020 Results - Earnings Call Transcript

Start Time: 09:00 End Time: 09:23 Matthews International Corporation (NASDAQ:MATW) Q1 2020 Earnings Conference Call January 31, 2020, 09:00 AM ET Company Participants Joseph Bartolacci - President and

31 Jan 16:24 • Seeking Alpha • 5725634557182930019.html
Does Sensex really mirror the economy?

31 Jan 16:12 • 1 article

Does Sensex really mirror the economy?

Change in index constituents also influenced by trading volume, market capitalisation

31 Jan 16:12 • BusinessLine • 5283602109970113.html
Economic Survey backs Temasek-like model proposed for divestment

31 Jan 16:10 • 1 article

Economic Survey backs Temasek-like model proposed for divestment

Survey recommends transferring stake of listed govt firms to a corporate entity

31 Jan 16:10 • Business-Standard • 1502508925522825268.html
Saudi int’l reserves record three-year high in 2019

31 Jan 16:05 • 1 article

Saudi int’l reserves record three-year high in 2019

Riyadh – Mubasher: Saudi Arabia’s foreign reserves grew by 0.59% year-on-year in 2019, recording its highest level in three years. Saudi international reserves rose to $499.54 billion in 2019, compared to $496.59 billion in the year-ago period. It …

31 Jan 16:05 • english.mubasher.info • 8917853138637043331.html
Revival in sight: Economic Survey pegs FY21 GDP growth at 6-6.5%

31 Jan 16:00 • 1 article

Revival in sight: Economic Survey pegs FY21 GDP growth at 6-6.5%

Fiscal targets may have to be relaxed for the current year

31 Jan 16:00 • Business-Standard • 1502508925782296586.html
Lebanese bonds tumble as uncertainty increases

31 Jan 15:45 • 1 article

Lebanese bonds tumble as uncertainty increases

"Lebanese debt is currently trading at a large discount and investors have already priced in a restructuring," Saeb El Zein, a financial markets expert told Annahar.

31 Jan 15:45 • An-Nahar • 2220466263109209993.html
Budget 2020: Challenge for Indian Finance Minister is to Balance Growth, Fiscal Deficit

31 Jan 15:38 • 1 article

Budget 2020: Challenge for Indian Finance Minister is to Balance Growth, Fiscal Deficit

New Delhi (Sputnik): Amid the slowdown in the Indian economy, the government lowered its national income growth forecast from 7 percent to 5 percent for the current fiscal year. The Economic Survey tabled in Parliament on Friday pegged growth for 2020-21 at between 6 and 6.5 percent.

31 Jan 15:38 • Sputniknews • 967333867616892094.html
Budget 2020: How FM Nirmala Sitharaman's fiscal deficit math is likely to move Sensex, Nifty on Feb 1

31 Jan 15:17 • 1 article

Budget 2020: How FM Nirmala Sitharaman's fiscal deficit math is likely to move Sensex, Nifty on Feb 1

Budget 2020: An increase in fiscal deficit target in view of the ongoing economic slowdown may not negatively impact the market since elevated level of expenditure is expected to result in higher demand in Indian economy

31 Jan 15:17 • Business Today • 1145527431987483784.html
Consumer Sentiment Jumps Higher

31 Jan 15:15 • 1 article

Consumer Sentiment Jumps Higher

Consumer sentiment was bolstered by record low unemployment, record gains in income, and near record lows in inflation. | Economy

31 Jan 15:15 • Breitbart • 3148363491208376831.html
Market watch: KSE-100 falls 273 points owing to global sell-off

31 Jan 15:10 • 1 article

Market watch: KSE-100 falls 273 points owing to global sell-off

Benchm­ark index decrea­ses 0.65% to settle at 41,630.93

31 Jan 15:10 • The Express Tribune • 1105816787139383447.html
Credit rating agency S&P expected to keep Turkey's outlook unchanged

31 Jan 14:57 • 1 article

Credit rating agency S&P expected to keep Turkey's outlook unchanged

The U.S.-based international credit rating agency Standard & Poor's S&P is expected to keep Turkey's credit ratings and the overall outlook...

31 Jan 14:57 • DAILY SABAH • 8383944809104229536.html
Turkey's 2-year benchmark bond yield drops to single digits

31 Jan 14:57 • 1 article

Turkey's 2-year benchmark bond yield drops to single digits

The two-year benchmark bond yield has fallen to single digits for the first time since November 2016

31 Jan 14:57 • DAILY SABAH • 8383944809674543616.html
Corporate tax cut to mostly benefit less than 1 pc of companies: Survey

31 Jan 14:34 • 1 article

Corporate tax cut to mostly benefit less than 1 pc of companies: Survey

The corporate tax cut announced by FM last Sept will benefit less than 1 pc of firms, as per Economic Survey.

31 Jan 14:34 • The Economic Times • 7653256037395194807.html
Core Sector Growth Recovers To 1.3% In December

31 Jan 14:19 • 1 article

Core Sector Growth Recovers To 1.3% In December

The growth was, however, lower than 2.1 percent recorded in December 2018.

31 Jan 14:19 • Bloomberg | Quint • 7403450741041067828.html
Slowdown bottomed out, GDP expected to grow at 6.5 per cent: Chief Economic Adviser

31 Jan 14:16 • 1 article

Slowdown bottomed out, GDP expected to grow at 6.5 per cent: Chief Economic Adviser

The Economic Survey has projected the GDP to expand by 6-6.5 per cent

31 Jan 14:16 • Deccan Chronicle • 7881006363877281251.html
GDP growth expected to strongly rebound to 6-6.5% in FY21: Economic Survey

31 Jan 14:15 • 1 article

GDP growth expected to strongly rebound to 6-6.5% in FY21: Economic Survey

India's economic growth is expected to "strongly rebound" to 6-6.5 per cent in 2020-21 from 5 per cent estimated in the current fiscal, the Economic Survey said on Friday, adding that the government with a strong mandate has the capacity to expedite reforms.

31 Jan 14:15 • Deccan Herald • 2027555797545625382.html
Fidelity Bank reports a 28.5% increase in profit for FY 2019

31 Jan 14:12 • 1 article

Fidelity Bank reports a 28.5% increase in profit for FY 2019

Earlier today, Fidelity Bank Plc announced its unaudited financial reports for the period ended December 31st, 2019. 

31 Jan 14:12 • Nairametrics.com • 4741528847379382288.html
Economic Survey's GDP growth forecast for FY20 wide off projection

31 Jan 14:10 • 1 article

Economic Survey's GDP growth forecast for FY20 wide off projection

It is for the second consecutive time that NSO's GDP estimate is significantly lower than the projection made in the survey prepared by the finance ministry

31 Jan 14:10 • Business-Standard • 1502508925222908766.html
Explained: What is Economic Survey’s strategy for boosting wealth creation?

31 Jan 14:07 • 1 article

Explained: What is Economic Survey’s strategy for boosting wealth creation?

Economic Survey reiterates PM Narendra Modi's call for increasing “wealth creators” in the economy.

31 Jan 14:07 • The Indian Express • 2885715104431464272.html
Fiscal deficit target may be relaxed to arrest declining growth: Economic Survey

31 Jan 13:58 • 1 article

Fiscal deficit target may be relaxed to arrest declining growth: Economic Survey

The Medium Term Fiscal Policy (MTFP) statement presented with the Budget 2019-20, pegged the fiscal deficit target for 2019-20 at 3.3 per cent of gross domestic product (GDP), which was further expected to follow a gradual path of reduction and attain the targeted level of 3 per cent of GDP in 2020-21, and continue at the same level in 2021-22.

31 Jan 13:58 • The Economic Times • 7653256037810159881.html
Govt Revises GDP Growth For 2018-19 to 6.1 Per Cent From 6.8 Per Cent

31 Jan 13:52 • 1 article

Govt Revises GDP Growth For 2018-19 to 6.1 Per Cent From 6.8 Per Cent

Earlier in the day, the Economic Survey presented by chief economic advisor (CEA) Krishnamurthy Subramanian projected revival of economic growth to 6-6.5 per cent in the next fiscal starting April 1, 2020.

31 Jan 13:52 • India News, Breaking News, Entertainment News | India.com • 7150386084361332007.html
Economic Survey 2020: CEA Subramanian sees fiscal slippage in FY20

31 Jan 13:47 • 1 article

Economic Survey 2020: CEA Subramanian sees fiscal slippage in FY20

Subramanian said the country might have hit the trough in growth and expressed his confidence in achieving 6-6.5 per cent growth in fiscal year 2020-21

31 Jan 13:47 • Business Today • 1145527432213341864.html
Economic Survey 2020: GDP Growth Projected At 6-6.5 Per Cent In FY21; Growth Resurgence From Second Half Of FY20

31 Jan 13:46 • 1 article

Economic Survey 2020: GDP Growth Projected At 6-6.5 Per Cent In FY21; Growth Resurgence From Second Half Of FY20

The Economic Survey 2019-20 was tabled by Finance Minister Nirmala Sitharaman in the parliament today (31 January). The survey projects the Indian Economy to grow at a rate of 6 to 6.5 per cent in the upcoming Financial Year 2020-21.

31 Jan 13:46 • Swarajya • 4977622829235864389.html
Eco Survey gives positive outlook for steel, oil and gas sectors: Pradhan

31 Jan 13:45 • 1 article

Eco Survey gives positive outlook for steel, oil and gas sectors: Pradhan

The sector achieved a growth of 5.2 per cent during April-November period of the ongoing financial year as compared to 3.6 per cent in the year-ago period, it added

31 Jan 13:45 • Business-Standard • 1502508925486473183.html
US: Annual core PCE Price Index ticked up to 1.6% in December as expected

31 Jan 13:42 • 1 article

US: Annual core PCE Price Index ticked up to 1.6% in December as expected

Inflation in the United States, as measured by the Personal Consumption Expenditures (PCE) Price Index, rose 0.3% on a monthly basis in December follo

31 Jan 13:42 • FXStreet • 4480975639959434199.html
Budget Session 2020 Highlights: GDP growth rate for 2018-19 revised downwards to 6.1 per cent

31 Jan 13:28 • 1 article

Budget Session 2020 Highlights: GDP growth rate for 2018-19 revised downwards to 6.1 per cent

Parliament Budget Session 2020, Economic Survey 2020 Highlights: The Economic Survey 2019-2020, tabled by Finance Minister Nirmala Sitharaman, projected the economic growth of 6 to 6.5 per cent in the fiscal year starting April 1.

31 Jan 13:28 • The Indian Express • 2885715103763157782.html
India's share in global commercial services exports up at 3.5 per cent

31 Jan 13:20 • 1 article

India's share in global commercial services exports up at 3.5 per cent

According to the economic survey tabled by finance minister Nirmala Sitaraman, the service sector acounts for 55 per cent of economic growth

31 Jan 13:20 • Deccan Chronicle • 7881006363483051581.html
Hindustan Unilever Q3: Steady performance amidst the slowdown

31 Jan 13:16 • 1 article

Hindustan Unilever Q3: Steady performance amidst the slowdown

Despite the ongoing consumption slowdown, Hindustan Unilever has been able to maintain the same 5 per cent year-on-year growth in volumes in each of the last three quarters. It has been able to hold v

31 Jan 13:16 • BusinessLine • 5283600442417633.html
Markets Recoil as Economic Survey Stokes Fiscal Slippage Fears

31 Jan 13:13 • 1 article

Markets Recoil as Economic Survey Stokes Fiscal Slippage Fears

The 30-share BSE Sensex closed 190.33 points, or 0.47 per cent, lower at 40,723.49. Likewise, the broader NSE Nifty shed 73.70 points, or 0.61 per cent, to finish at 11,962.10.

31 Jan 13:13 • India News, Breaking News, Entertainment News | India.com • 7150386083648424696.html
Budget 2020: Will govt increase investment limit under Section 80C?

31 Jan 13:09 • 1 article

Budget 2020: Will govt increase investment limit under Section 80C?

Budget 2020: The limit of deduction available under Section 80C is Rs 1.5 lakh. Taxpayers expect FM Sitharaman to increase the limit to Rs 2.5 lakh

31 Jan 13:09 • Business Today • 1145527432714152397.html
SBI profits zooms 41% to ₹5,583 crore in Q3

31 Jan 12:59 • 1 article

SBI profits zooms 41% to ₹5,583 crore in Q3

  State Bank of India, on Friday, reported a robust 41 per cent jump in net profit at ₹5,583 crore in the third quarter ended December 31, 2019, along with an improvement in asset quality. The bank sa

31 Jan 12:59 • BusinessLine • 5283601422802751.html
Hong Kong-based Digital Asset Exchange Bitfinex Introduces Margin Trading for Tether’s New Gold-backed Stablecoin

31 Jan 12:56 • 1 article

Hong Kong-based Digital Asset Exchange Bitfinex Introduces Margin Trading for Tether’s New Gold-backed Stablecoin

Hong Kong-based digital asset exchange Bitfinex has introduced margin trading for Tether gold (XAU₮). Beginning on January 30, 2020, the exchange has confi

31 Jan 12:56 • Crowdfund Insider • 6834688073032643141.html
GDP growth for FY19 revised downwards to 6.1% from 6.8% estimated earlier

31 Jan 12:42 • 1 article

GDP growth for FY19 revised downwards to 6.1% from 6.8% estimated earlier

"Real GDP or GDP at constant (2011-12) prices for the years 2018-19 and 2017-18 stand at Rs 139.81 trillion and Rs 131.75 trillion, respectively

31 Jan 12:42 • Business-Standard • 1502508924778836073.html
Economic Survey 2019-20 Tabled in Parliament, Sees Pick up in Growth

31 Jan 12:23 • 1 article

Economic Survey 2019-20 Tabled in Parliament, Sees Pick up in Growth

For the current fiscal, it projected a GDP growth of 5 per cent, the lowest in 11 years, and worsening job prospects.

31 Jan 12:23 • India News, Breaking News, Entertainment News | India.com • 7150386082720564183.html
Bold reforms needed to achieve 6-6.5% growth in FY21: Experts, industry

31 Jan 12:21 • 1 article

Bold reforms needed to achieve 6-6.5% growth in FY21: Experts, industry

Leader Economic Advisory Services at PwC India Ranen Banerjee said attaining the projected growth rate of 6-6.5 per cent will be challenging

31 Jan 12:21 • Business-Standard • 1502508924757413865.html
Vedanta profit rises 49% to Rs 2,348 cr in Q3 on the back of lower expenses

31 Jan 12:20 • 1 article

Vedanta profit rises 49% to Rs 2,348 cr in Q3 on the back of lower expenses

In a statement, the company said "attributable PAT (was) at Rs 2,348 crore, up 49 per cent y-o-y (year-on-year)"

31 Jan 12:20 • Business-Standard • 1502508925476575843.html
Dec core sector growth recovers to 1.3% on higher coal, fertiliser output

31 Jan 12:12 • 1 article

Dec core sector growth recovers to 1.3% on higher coal, fertiliser output

Production of crude oil, natural gas, and electricity contracted in the month under review

31 Jan 12:12 • Business-Standard • 1502508924573976232.html
Economic Survey 2019-20: Competition, low tariffs led to financial stress in telecom sector

31 Jan 11:41 • 1 article

Economic Survey 2019-20: Competition, low tariffs led to financial stress in telecom sector

The data price in the country came down by over 99% during 2016-2019, making it among the lowest tariff in the world, according to the survey.

31 Jan 11:41 • The Hindu • 6679535024356966151.html
Two-day PSU bank strike over wage revision impacts services across country

31 Jan 11:37 • 1 article

Two-day PSU bank strike over wage revision impacts services across country

However, private sector lenders like ICICI Bank and HDFC Bank were operational.

31 Jan 11:37 • The New Indian Express • 4718288654263683171.html
Contraction in domestic revenue growth softened IT-BPM sector growth in FY19: Survey

31 Jan 11:35 • 1 article

Contraction in domestic revenue growth softened IT-BPM sector growth in FY19: Survey

Of the total $135.5 billion of exports of the IT-BPM sector in 2018-19, IT services accounted for 55%, and BPM and software products & engineering services for the remaining 45 per cent (with each accounting for almost half of the share). The survey termed the Indian IT-BPM industry as the flag-bearer of India's exports over the past two decades.

31 Jan 11:35 • The Economic Times • 7653256037770719858.html
Shrinking French and Italian economies hamper euro zone growth

31 Jan 11:29 • 1 article

Shrinking French and Italian economies hamper euro zone growth

Spectre of recession likely to mean more monetary easing by ECB

31 Jan 11:29 • The Irish Times • 8204772969143231520.html
Sales of over 1.7k listed manufacturing firms contracted by 7.7 per cent in Q2: Survey

31 Jan 11:18 • 1 article

Sales of over 1.7k listed manufacturing firms contracted by 7.7 per cent in Q2: Survey

The Survey, tabled in Parliament on Friday by Finance Minister Nirmala Sitharaman said demand conditions for the manufacturing sector weakened in September quarter of 2019-20 with a contraction in nominal sales, citing RBI studies on corporate performance.

31 Jan 11:18 • The Economic Times • 7653256037629751889.html
Economic Survey: Sales of over 1.7k mfg firms contracted by 7.7% in Q2

31 Jan 11:10 • 1 article

Economic Survey: Sales of over 1.7k mfg firms contracted by 7.7% in Q2

Net profit for the manufacturing sector contracted in Q1 (June quarter) of 2019-20, mainly due to a production slowdown, it added

31 Jan 11:10 • Business-Standard • 1502508924814796848.html
Eco Survey flags disproportionate dwarfism of banks, calls to be efficient

31 Jan 11:05 • 1 article

Eco Survey flags disproportionate dwarfism of banks, calls to be efficient

The Economic Survey 2019-20 tabled in Parliament by Finance Minister Nirmala Sitharaman noted that despite nationalisation a significant portion of the poor remained unbanked till 2014

31 Jan 11:05 • Business-Standard • 1502508926432730541.html
HUL reports 12.95% rise in consolidated net profit at Rs 1,631 cr

31 Jan 11:03 • 1 article

HUL reports 12.95% rise in consolidated net profit at Rs 1,631 cr

The company had posted a net profit of Rs 1,444 crore in the October-December period of the previous fiscal

31 Jan 11:03 • Business-Standard • 1502508924696775894.html
Highways sector needs Rs 19.63 lakh crore investment by 2024-25: Economic Survey

31 Jan 11:03 • 1 article

Highways sector needs Rs 19.63 lakh crore investment by 2024-25: Economic Survey

Of the total Rs 102 lakh crore investment need for infrastructure projected by the National Infrastructure Pipeline (NIP), during 2020 to 2025, the highways sector will require Rs 19.63 lakh crore, the Survey said.

31 Jan 11:03 • The Economic Times • 7653256037302278589.html
Eco Survey sees growth at 6.5% in FY21, calls for easing of deficit target

31 Jan 11:00 • 1 article

Eco Survey sees growth at 6.5% in FY21, calls for easing of deficit target

For the current fiscal, it projected a GDP growth of 5 per cent, the lowest in 11 years, and worsening job prospects

31 Jan 11:00 • Business-Standard • 1502508925404306538.html
SBI profit jumps 41 per cent to Rs 6,797 crore in Q3 on lower provisioning

31 Jan 10:58 • 1 article

SBI profit jumps 41 per cent to Rs 6,797 crore in Q3 on lower provisioning

On a standalone basis, SBI's net profit jumped 41.2 per cent to Rs 5,583.36 crore in the third quarter of the current fiscal compared to Rs 3,954.81 crore during the corresponding October-December period in the same period a year ago.

31 Jan 10:58 • The Indian Express • 2885715104306221101.html
Market Highlights: Sensex slips 190 points, Nifty ends below 12,000 ahead of Budget 2020

31 Jan 10:33 • 1 article

Market Highlights: Sensex slips 190 points, Nifty ends below 12,000 ahead of Budget 2020

Share Market, Stock Market Highlights: Everything that happened in the markets.

31 Jan 10:33 • The Indian Express • 2885715105421873498.html
Market LIVE: Sensex, Nifty subdued as Economic Survey throws fiscal, economic challenge for government

31 Jan 10:09 • 1 article

Market LIVE: Sensex, Nifty subdued as Economic Survey throws fiscal, economic challenge for government

Around 3.15 PM, S&P BSE Sensex was trading 0.51 per cent or 209 points lower at 40,703.84 while broader Nifty 50 index breached the crucial 12,000-mark and was ruling at 11,955 points

31 Jan 10:09 • The Financial Express • 1288289580955942357.html
India forecasts faster economic growth, warns of fiscal challenge

31 Jan 10:06 • 1 article

India forecasts faster economic growth, warns of fiscal challenge

The government estimates GDP will grow 5% this fiscal year, which ends on March 31. That would be the slowest growth since the global financial crisis of 2008-09

31 Jan 10:06 • Business-Standard • 1502508926339335639.html
Unilever sales growth stagnates amid sluggish household consumption

31 Jan 09:55 • 1 article

Unilever sales growth stagnates amid sluggish household consumption

The Anglo-Dutch company booked a 2.7 percent year-on-year (yoy) growth in sales to Rp 42.9 trillion (US$3.15 billion) in 2019, the company said in a statement obtained by The Jakarta Post on Thursday. 

31 Jan 09:55 • The Jakarta Post • 7678601102377959071.html
Uptick in retail prices in FY20 mainly on veggies, pulses: Survey

31 Jan 09:45 • 1 article

Uptick in retail prices in FY20 mainly on veggies, pulses: Survey

The Economic Survey 2019-20, presented in Parliament by Finance Minister Nirmala Sitharaman stated that inflation has been witnessing moderation since 2014, however, recently there has been an "uptick

31 Jan 09:45 • Business-Standard • 1502508926001661537.html
Public Mutual declares distributions of more than RM64m for five funds

31 Jan 09:32 • 1 article

Public Mutual declares distributions of more than RM64m for five funds

KUALA LUMPUR, Jan 31 — Public Mutual, a wholly-owned subsidiary of Public Bank, today declared distributions amounting to more than RM64 million for five funds for the financial year ended January 31, 2020. The gross distributions include 5.0 sen per unit for Public Money Market Fund, 4.25 sen...

31 Jan 09:32 • Malaymail • 302165935060144660.html
SBI posts highest-ever quarterly profit of Rs 5,583 crore in Q3

31 Jan 09:26 • 1 article

SBI posts highest-ever quarterly profit of Rs 5,583 crore in Q3

SBI Q3 results: The bank's gross non-performing assets (NPAs) ratio declined to 6.94 per cent in Q3FY20 versus 8.71 per cent in the same quarter last year

31 Jan 09:26 • Business Today • 1145527432728297127.html
GDP growth expected to rebound to 6-6.5 per cent in 2020-21: Economic Survey

31 Jan 09:21 • 1 article

GDP growth expected to rebound to 6-6.5 per cent in 2020-21: Economic Survey

The Economic Survey 2019-20 tabled in Parliament said there are tentative signs of bottoming out of slowdown in manufacturing activity and global trade, which will have a positive impact on growth in the next fiscal.

31 Jan 09:21 • mid-day • 6119021829146899321.html
SBI profit jumps 41% to ₹6,797crore in Q3 on lower provisioning

31 Jan 09:10 • 1 article

SBI profit jumps 41% to ₹6,797crore in Q3 on lower provisioning

Consolidated income rose to ₹95,384.28 crore in the third quarter from ₹84,390.14 crore in October-December 2018-19, SBI said in a regulatory filing

31 Jan 09:10 • The Hindu • 6679535024890655647.html
Economic Survey Projects India's GDP Growth at 6-6.5 Per Cent for 2020-2021

31 Jan 09:10 • 1 article

Economic Survey Projects India's GDP Growth at 6-6.5 Per Cent for 2020-2021

New Delhi (Sputnik): Amid the widespread slowdown in the Indian economy, the government lowered its national income growth forecast for the current fiscal year from April 2019-March 2020 to 5 per cent against the earlier projections of 7 per cent.

31 Jan 09:10 • Sputniknews • 967333868171753278.html
Raising funds for infrastructure will be "challenge": Economic Survey

31 Jan 09:09 • 1 article

Raising funds for infrastructure will be "challenge": Economic Survey

States that well prepared projects might attract investors

31 Jan 09:09 • BusinessLine • 5283602190116877.html
Economic Survey 2020 projects GDP growth at 6-6.5% in FY21

31 Jan 09:06 • 1 article

Economic Survey 2020 projects GDP growth at 6-6.5% in FY21

The Economic Survey 2020, prepared by Chief Economic Advisor Dr Krishnamurthy Subramanian, was tabled by Union Finance Minister Nirmala Sitharaman in Parliament Friday.

31 Jan 09:06 • The Indian Express • 2885715103762296403.html
Funding National Infra Pipeline would be a 'challenge': Economic Survey 2019-20

31 Jan 09:05 • 1 article

Funding National Infra Pipeline would be a 'challenge': Economic Survey 2019-20

To achieve GDP of USD 5 trillion by 2024 – 2025, India needs to spend about USD 1.4 trillion (Rs.100 lakh crore) over these years on infrastructure so that lack of infrastructure does not become a constraint to the growth of Indian economy, the survey said.

31 Jan 09:05 • The Economic Times • 7653256037606805450.html
​Economic Survey 2020 has a clear message for Nirmala Sitharaman

31 Jan 08:57 • 1 article

​Economic Survey 2020 has a clear message for Nirmala Sitharaman

Growth in the current fiscal year would come in at 5 per cent, as per Economic Survey.

31 Jan 08:57 • The Economic Times • 7653256038071679642.html
GBP/USD keeps the mixed outlook unaltered – UOB

31 Jan 08:55 • 1 article

GBP/USD keeps the mixed outlook unaltered – UOB

Cable is expected to extend the broader consolidative mood amidst the prevailing mixed outlook, suggested FX Strategists at UOB Group. Key Quotes 24-h

31 Jan 08:55 • FXStreet • 4480975639138146886.html
Marico slips 6%, hits 52-week low on disappointing December quarter results

31 Jan 08:51 • 1 article

Marico slips 6%, hits 52-week low on disappointing December quarter results

In Q3FY20, consolidated revenue from operations declined 2 per cent YoY at Rs 1,824 crore.

31 Jan 08:51 • Business-Standard • 1502508926572070594.html
Economic Survey highlights: FY20 fiscal deficit target may need relaxation

31 Jan 08:39 • 1 article

Economic Survey highlights: FY20 fiscal deficit target may need relaxation

GDP growth pegged at 6-6.5 per cent in financial year starting April 1, up from 5 per cent in current fisca

31 Jan 08:39 • Business-Standard • 1502508925180612971.html
Stock markets fall

31 Jan 08:29 • 1 article

Stock markets fall

Canada's main stock index posted a triple-digit decline in late-morning trading as the heavyweight financial, energy and industrial sectors moved lower.

31 Jan 08:29 • Castanet • 616068602109387619.html
Sasol expects earnings to collapse 69%

31 Jan 08:25 • 1 article

Sasol expects earnings to collapse 69%

Oil price, softer global margins and Lake Charles project weighs on first-half earnings

31 Jan 08:25 • Moneyweb • 1092550946882620436.html
Economic Survey pegs GDP growth at 6-6.5% in next fiscal

31 Jan 08:24 • 1 article

Economic Survey pegs GDP growth at 6-6.5% in next fiscal

Government must use its strong mandate to deliver expeditiously on reforms, it says

31 Jan 08:24 • The Hindu • 6679535026113805750.html
SBI Q3 results: Profit jumps 41% to Rs 5,583 crore; asset quality shows big improvement

31 Jan 08:23 • 1 article

SBI Q3 results: Profit jumps 41% to Rs 5,583 crore; asset quality shows big improvement

Percentage of net NPAs stood at 2.65 per cent compared with 3.95 per cent last year.

31 Jan 08:23 • The Economic Times • 7653256036428974622.html
SBI Q3 result: Lender logs 41% YoY rise in profit at Rs 5,583 cr; NPAs dip

31 Jan 08:23 • 1 article

SBI Q3 result: Lender logs 41% YoY rise in profit at Rs 5,583 cr; NPAs dip

During the quarter under review, the bank's credit book grew 6.79% YoY to Rs 23.01 trillion, up from Rs 21.55 trillion. The retail loans have jumped 17.49% YoY, while corporate loans slipped 0.48%

31 Jan 08:23 • Business-Standard • 1502508926044612577.html
When are the Eurozone Preliminary CPIs/ GDP and how could they affect EUR/USD?

31 Jan 08:04 • 1 article

When are the Eurozone Preliminary CPIs/ GDP and how could they affect EUR/USD?

Eurostat will publish the first estimate of Eurozone inflation and growth figures for January and Q4 respectively at 1000 GMT today. The headline CPI

31 Jan 08:04 • FXStreet • 4480975639092391516.html