Market News

The global Islamic finance industry is worth anywhere from $1 to $1.6 trillion dollars. Demands for sukuk issues alone are forecast to top $100 billion this year. Though Shariah-compliant banking has been spreading to We...

Unlike many other mid-cap schemes, M30 will avoid large-sized companies

Raising the minimum worth will ensure mutual funds attain a reasonable size to work towards financial inclusion, said the markets regulator in a statement

For a retiree who got bumped out of his last job, Paul J. Taubman is enjoying the last laugh. The 53-year-old banker was passed over for the top job at Morgan Stanley (NYSE:MS)'s mergers and acquisitions division in 2012...

These companies have already bought dollars equivalent to at least 75% of what they borrowed from the central bank's dollar swap window

Audit committee flags concern over Sebi's promotional and expansion spree that led to a revenue deficit

David Carbon of DBS Bank on why the US Fed's tapering of stimulus spending has not had an impact on most of Asia

The family of stricken Formula One star Michael Schumacher "strongly believe" he will make a recovery from the life-threatening injuries he sustained in a skiing accident.

Dow Jones rises 0.15%, S&P 500 gains 0.28%, Nasdaq adds 0.49%

The 8.15% increase in Hindalco Ebitda in the December quarter is founded on the rising profitability in copper segment

Net result of one-offs appears to be a large gain, adjusted for which the profit growth would be far from impressive

PepsiCo CEO Indra Nooyi is excited about the company's 2013 performance, but are investors?

Ordinance, which lapsed on 15 Jan as a Bill in this regard could not be passed in Parliament, granted Sebi extra powers to effectively act against fraudsters

The govt is expected to fetch Rs5,300 crore by selling 10% equity at discounted price to ONGC and OIL

Plummeting prices for corn and soybeans are weighing on land values and threatening a yearslong boom for U.S. growers.

A pick up in same store sales growth can result in outsized earnings growth, given Bata has a high operating leverage

The foreign exchange (forex) market spends a considerable amount of time deciphering Group of 10 central banks' thoughts. It tries to anticipate policymakers' next moves so individuals can adjust their portfolios accordi...

Many things go into making a good fund--portfolio, objective, strategy, and others

Sun Pharma's formulations business did very well in the December quarter, with a 20% growth in sales in home market

China Telecom has done well since it entered the wireless market, increasing its market share from only 4% in 2008 to about 15% by the end of 2013. However, it is likely to face severe competition in the emerging 4G mark...

The sector continued to see a downcycle through 2013 as mining companies lowered their capital investments in machines and equipment, but right now backed by trends outlined above, we figure that recovery in the sector i...

On a 12-month basis, CVS estimates that it will loose approximately $2 billion in annual revenue from tobacco sales and an additional $0.5 billion from the rest of the shoppers' basket. Given the expected timing for impl...