Oil prices mixed amid US-China trade impasse
U.S. West Texas Intermediate (WTI) futures were at $61.58 per barrel, down 9 cents, or 0.2% at 0223 GMT, from their previous settlement. WTI closed the last session steady on the day.
Asian nations to dominate 7% growth club in 2020s’
China is a notable absence from the latest ranking after being a member of the club for almost four decades.
Gold firms as US-China trade impasse fuels safe-haven demand
Spot gold gained 0.1 per cent to at $1,286.59 per ounce at 0113 GMT.
Trump Warns China to Act on U.S. Trade Deal or Face Worse Terms
China for the first time made clear what it wants to see from the U.S. in talks to end their trade war.
Fed may cut interest rates after US tariff boost
Fed funds futures on Friday showed traders are fully pricing in a cut within the first few months of next year.
HDFC Q4 results: Profit may fall, asset quality expected to be stable
Edelweiss Securities said that individual disbursement growth could be strong for the lender.
Kakatiya Cement Standalone March 2019 Net Sales at Rs 34.21 crore, up 415.04% Y-o-Y
James Warren Standalone March 2019 Net Sales at Rs 10.61 crore, down 9.61% Y-o-Y
Sterling Green Standalone March 2019 Net Sales at Rs 1.46 crore, down 1.83% Y-o-Y
Pulsar Intl Standalone March 2019 Net Sales at Rs 0.10 crore, up 0% Y-o-Y
Guj State Petro Standalone March 2019 Net Sales at Rs 433.83 crore, up 23.81% Y-o-Y
Transwarranty Standalone March 2019 Net Sales at Rs 7.72 crore, up 64.23% Y-o-Y
VST Tillers Standalone March 2019 Net Sales at Rs 178.69 crore, down 26.03% Y-o-Y
Dilip Buildcon Standalone March 2019 Net Sales at Rs 2,570.96 crore, up 0.51% Y-o-Y
Shankara Buildi Standalone March 2019 Net Sales at Rs 548.72 crore, down 19.11% Y-o-Y
Gala Global Prd Standalone March 2019 Net Sales at Rs 16.82 crore, down 44.71% Y-o-Y
L&T falls 2% as board approves merger with L&T Shipbuilding
JP Morgan has maintained overweight rating with a target at Rs 1720. According to firm, margin miss led by Infra disappointing.
Shree Metalloys Standalone March 2019 Net Sales at Rs 9.89 crore, down 18.22% Y-o-Y
RR Metalmakers Standalone March 2019 Net Sales at Rs 41.95 crore, up 183.43% Y-o-Y
Mangalam Drugs Standalone March 2019 Net Sales at Rs 48.09 crore, down 28.43% Y-o-Y
Allahabad Bank falls 6% as bank announces Rs 1,200 crore QIP
The fundraising is a part of its Rs 4,500 crore capital raising plan to pare government stake to below 75 per cent
Inflows into equity mutual funds and equity-linked savings scheme fell to their lowest in 31 months in April.
HDFC Standalone March 2019 Net Sales at Rs 11,580.05 crore, up 20.35% Y-o-Y
Sugar exports surge to 21.29 lakh tonnes so far this marketing year
Poly Medicure Q4 net profit declines 6.81% to Rs 21.48 cr
The company had posted a net profit of Rs 23.05 crore for the corresponding period of the previous fiscal, Poly Medicure said in a filing to BSE.
Balkrishna Standalone March 2019 Net Sales at Rs 47.27 crore, down 21.15% Y-o-Y
Vinyl Chemicals Standalone March 2019 Net Sales at Rs 108.81 crore, down 3.9% Y-o-Y
Bitcoin Holds Above $7,000 After Hitting 9-Month High
Bitcoin was last up 1.1 per cent at $7,056 on the Bitstamp exchange after soaring 14 per cent on Saturday
JPMorgan cuts emerging markets risk after US-China trade setback
JP Morgan had already cut its emerging markets risk in FX and sovereign credit to neutral from overweight at the end of March.
Breaking news: China hike 300% export duties on America. Forwarded as received
Dr Agarwals Eye Standalone March 2019 Net Sales at Rs 41.05 crore, up 9.23% Y-o-Y
Avadh Sugar Standalone March 2019 Net Sales at Rs 532.11 crore, up 19.93% Y-o-Y
ITC Q4 net profit rises 18% to Rs 3,482 cr; Sanjiv Puri is new Chairman
The board recommended dividend of Rs 5.75 per ordinary share.
Govt targets Rs 300 cr from RailTel IPO by September
The Cabinet in December last year approved initial public offering (IPO) of RailTel Corporation India by diluting up to 25 per cent government stake.
ITC Standalone March 2019 Net Sales at Rs 11,992.11 crore, up 13.27% Y-o-Y
Texmaco Rail Standalone March 2019 Net Sales at Rs 655.77 crore, up 130.45% Y-o-Y
Orbit Exports Standalone March 2019 Net Sales at Rs 28.46 crore, down 5.6% Y-o-Y
India’s Crude Import Will Increase, Says Moody’s
The government’s push towards electric vehicles to reduce dependence on imported oil was also not seen to bearing fruit in the near term
Crisil Downgrades Rs 850-Crore Dewan Housing Finance Commercial Papers
DHFL, as a strategic decision, did not resort to securitisation of readily available housing loans to prop up the liquidity levels, Crisil said.
India Just Posted The Worst Car Sales Data In Eight Years
Passenger vehicle sales in April fell 17.1 per cent to 247,541 units from a year earlier, data released by the Society of Indian Automobile Manufacturers showed
Muthoot Finance Standalone March 2019 Net Sales at Rs 1,879.72 crore, up 21.2% Y-o-Y
Umang Dairies Standalone March 2019 Net Sales at Rs 70.60 crore, up 2.18% Y-o-Y
Consumer Inflation At 2.92% In April
Consumer inflation remained below the RBI’s medium-term target of 4 per cent for a ninth consecutive month. Consumer inflation had stood at 2.86 per cent in March.
Bombay Burmah Standalone March 2019 Net Sales at Rs 69.59 crore, up 32.72% Y-o-Y
NCLT rejects ICICI Bank’s plea to initiate insolvency proceedings against Era Infrastructure on grounds of duplicacy of claims
China To Impose Tariffs On US Goods Despite Donald Trump Warning
China’s finance ministry said it plans to set import tariffs ranging from 5 per cent to 25 per cent on 5,140 US products on a target list worth about $60 billion.
Vodafone Idea Q4 loss narrows to Rs 4,882 crore QoQ, income flat at Rs 11,932 crore
Tata Capital former CFO COO Govind Sankaranarayanan joins IndiaLends
Andhra Bank Q4 loss narrows to Rs 1,224 cr
Realty Players Expect Home Sales To Rise In 6 Months: Report
According to the report, the positive sentiments can be largely attributed to the rationalisation of GST for under-construction properties.