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  • BofAML says RBI has $43 billion in excess reserves - BofAML?s note comes as the panel led by former RBI Governor Bimal Jalan prepares to submit its report in the coming weeks.
  • Share market update: BSE Capital Goods index dips; CG Power slips over 5% - The S&P BSE Capital Goods index was trading 0.32 per cent down at 18,281.82 around 02:14 pm.
  • Buy Container Corporation of India, target Rs 550: Vaishali Parekh - Buy Container Corporation of India at a price target of Rs 550 and a stop loss at Rs 500.
  • Axis Securities? Arun Thukral pins earnings hopes on 4 sectors - The next one month is going to be very volatile, says Axis Securities? MD &CEO.
  • Buy Century Textiles & Industries, target Rs 1,040: Vaishali Parekh - Buy Century Textiles & Industries at a price target of Rs 1,040 and a stop loss at Rs 900.
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  • India seeks to speed up foreign deals with 'one-stop shop' - The Finance Ministry, seeking to speed up deals with outside investors, is set to take full control of the oversight of more than $40 billion a year in foreign direct investments and share purchases, two government sources said.
  • Why auctions for power projects don?t work in India - In the last 10 years, India has discovered auctions for itself. All kinds of public resources (such as 3G spectrum) or contracts (such as power purchase agreements, PPAs) are auctioned off.
  • Rupee ends 21 paise lower vs US dollar; snaps 3-day winning run - The rupee snapped its three-day winning spree against the American currency by falling 21 paise to 63.72 on fresh dollar demand from banks and importers in view of a firm dollar in the overseas market.
  • Late surge drives Nifty above 8,350, Sensex ends up 363 points - After consolidating for second straight day, late surge drove market on higher levels. The Sensex was up 363.30 points or 1.3 per cent at 27687.30 while the Nifty ended up 111.30 points or 1 per cent at 8373.65.
  • CNG price to be increased by 45 paise per kg in Delhi, piped cooking gas in NCR - The applicable price of domestic PNG to households in Noida, Greater Noida and Ghaziabad would be Rs 27.05 per scm, which is being increased from existing Rs 26.55 per scm.