American Market News for 18 Jan 2018
Asian manufacturing companies have been running the show in the international market for the past few decades. No wonder why everything seems to have come from Asia! But these colossal markets are not... the result of free markets, but rather from state control. Let's see how this process works.
Wary of declining GST revenues, the government hopes to plug tax leakages by implementing the e-way bill system
HDFC Bank is the third Indian company to cross Rs5 trillion market cap, after TCS and Reliance Industries
At 9.49am, the rupee was trading at 63.85 a dollar, up 0.05% from its Wednesday's close of 63.89
Chinese New Year buying and option prices suggest the stars are aligning for gold to extend its 6% gain over the past month
The bitcoin tumble was sparked by increased scrutiny from regulators around the world that spread across the digital coin realm in recent days
Sembcorp India is expected to file its draft IPO papers with Sebi in February, Credit Suisse and Axis Bank are lead investment banks for the share sale
Newgen Software IPO gets 70% subscription on Day 2, while Amber Enterprises IPO fully subscribed on Day 1
With the price of Bitcoin, the 'Big Daddy' of cryptocurrencies, falling below $10,000, as regulators in Asia and Europe circle and call for restrictions on trading will the current rout continue and... where could the digital currency tread next?
It's not just low gross refining margins that are a problem. Marketing margins for state-run oil marketers such as Bharat Petroleum, Hindustan Petroleum and Indian Oil have declined
Hindustan Unilever is just a short burst away from overtaking ITC in the market, an indication of how its fortunes have changed for the better
Long-term capital gains tax replacing securities transaction tax makes sense only if the govt is confident of earning more from LTCG than what it makes from STT, on a sustained basis
Brent crude hit a three-year high last week, and the obvious question was when would the shale drillers turn on the taps. The better question this time around is what will happen to demand and... volatility in the oil market.