Banks Stare at Union Strike on Tuesday, Services May be Hit






As the conciliation meeting before the Chief Labour Commissioner failed, unions are left with no other option but to go on strike. There was no assurance from the government and the management of banks," AIBOC General Secretary D T Franco said. Services at public sector banks may take a hit on Tuesday as all unions under the aegis of UFBU […]




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Volume Moving the Tape For Indiabulls Ventures Limited (IBVENTURES.NS)






Shares of Indiabulls Ventures Limited (IBVENTURES.NS) have seen the needle move -2.98% or -5.50 in the most recent session. The NSE listed company saw a recent bid of $178.85 on 783846 volume.  Individual investors may be going to great lengths to make their hard earned money work for them in the stock market. The stock market can be a scary place for beginners with little […]




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Farm loan waivers are already taking a toll on banks’ balance sheets






The country’s top private sector lenders HDFC Bank and Axis Bank have reported high NPAs owing to defaults in farm loan repayments. Farm loan waivers in three states have already started impacting most banks’ balance sheets with a rise in non-performing assets (NPAs) in the first quarter ending June this year. The country’s top private sector lenders HDFC Bank and […]




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Indian rupee gains 16 paise in opening trade






We expect the USD-INR pair to trade in a range of 64.30-64.60/dollar for the day, says Mohan Shenoi of Kotak Mahindra Bank. The Indian rupee gained in the early trade on Thursday. It has opened higher by 16 paise at 64.38 per dollar versus 64.54 Wednesday. Mohan Shenoi of Kotak Mahindra Bank said, "No major triggers in the currency market except […]




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