- 22 Aug 1405:12 PMFew finance ministers have had it so good for them recently as Arun Jaitley. Apart from an almost-stalled policymaking apparatus, the previous UPA government had to fight twin deficits of current account and fiscal.04:40 PMStocks of paints companies - Asian Paints, Berger Paints and Kansai Nerolac have outperformed S&P BSE Sensex since July with the former two making new highs in August. Kansai Nerolac touched its all-time high last month.02:33 PMMore than 70% of Indians are satisfied with the leadership of Prime Minister Narendra Modi since he took office nearly three months ago, an opinion poll showed, seeing in him the best hope to put the economy back on track.06:50 AMA sharp rise in stock prices has seen a slew of companies go for stock splits on Dalal Street. So far this claendar year, 48 companies have announced a sub-division of shares, an accounting practice that reduces the absolute value of a stock.12:50 AMOn 15 July 2014, the five BRICS countries - Brazil, Russia, India, China and South Africa - agreed at their sixth summit meeting in Fortaleza, Brazil, to set up a New Development Bank (NDB) and a Contingency Reserve Arrangement (CRA).12:48 AMThe world's entire annual energy need could be met if there was a way to capture just one hour's worth of the solar energy continuously beamed at Earth.12:46 AMSnowman Logistics, the cold chain subsidiary of listed parent Gateway Distriparks and country's largest player in the segment, is expanding capacity of its temperature controlled and ambient warehouses.12:40 AMIn June of this year, in the first weeks of the new government, a barrel of Brent crude oil cost $115. Since then, prices have fallen over 10 per cent; Brent crude now costs about $102 a barrel.12:36 AMInvestors remain wary of telecom stocks, as the sword of Damocles continues to hang over the sector. Some years ago, the regulatory overhang was a big concern and now it is faced with the prospect of a Goliath (aka RIL Jio) re-entering the sector.12:35 AMThe rise in royalty rates for minerals, approved by the Cabinet Committee on Economic Affairs, is good news for states, whose revenues will rise about Rs 4,000 crore on an annual basis.
- 21 Aug 1409:40 PMThe consumer arm of British pharmaceutical major GlaxoSmithKline (GSK) is relaunching its largest brand Horlicks for the third time in four years as competitive pressures as well as a slowdown in category growth compel it to look for new customers07:06 PMThe royalty rate hikes on minerals approved by the Cabinet Committee on Economic Affairs may be good news for States that will see higher revenues to the tune of about Rs 12,000 crore, but it will push up costs for the mining industry and the users of05:15 PMWhile Jet Airways officials were discussing payment of salary arrears worth Rs 100 crore with their pilots, SpiceJet announced it was now the second largest domestic airline in the country overtaking Jet Airways based on July 2014 data.05:36 AMJet Airways may be struggling to make profits, but the Street is not concerned because of the company's focus on growing its footprint in the international market.05:35 AMThe expected revival in the commercial vehicle (CV) cycle and opportunities from implementation of emission norms in 2016 should help Bosch reverse its muted revenue growth and volume cycle seen in the past two years.03:48 AMEmami, the maker of Fair & Handsome, Navratna Cool Oil, Boroplus, Zandu, etc, has seen its share price rise almost 16 per cent in the past eight sessions, seven of which saw gains.03:04 AMEven as big hopes have been pinned on Infosys' new Chief Executive Officer Vishal Sikka, experts believe that the Street is in a patient wait-and-watch mood and there won't be a pressure for performance on the first non-founding leader of the12:56 AMA sharp rally in equities since the announcement of general election results earlier this year has seen 158 stocks from the BSE-500, midcap and smallcap indices gaining more than 50 per cent.12:50 AMIn his Independence Day speech, Prime Minister Narendra Modi announced the end of the Planning Commission. There will be few mourners at its funeral, mainly old war horses like me.12:48 AMThere's no reason to be euphoric, as some people in their over-enthusiasm apparently are, over the BRICS nations' (Brazil, Russia, India, China, and South Africa) decision to set up a development bank as if we're about to witness the birth of an