Yahoo Finance - Business finance, stock market, quotes, newshttps://in.finance.yahoo.com/news/gujarat-exports-rise-rs-660-172603848.html -- Gujarat exports rise to Rs 660 billionWed, 18 Jul 2018 12:26:03 -0500
Ahmedabad, July 18 (IANS) Gujarats exports rose to Rs 660 billion this year compared with Rs 540 billion last fiscal, an increase of around 20 per cent, a state official said on Wednesday. "In NITI ...
https://in.finance.yahoo.com/news/easyjet-lifts-profit-forecast-rivals-093300057.html -- EasyJet lifts profit forecast as rivals falterWed, 18 Jul 2018 12:17:38 -0500
British low cost airline easyJet raised its profit guidance, forecasting earnings could soar by as much as 45 percent this year as it benefits from the collapse of rivals last year and strikes at competitor Air France. The company, Europe's second-largest budget airline behind Ryanair, also said it was set to get a boost from new, larger planes which would be more cost effective and help it to grow at popular airports that are already close to full. At the Farnborough Airshow in southern England, CEO Johan Lundgren hosted British transport minister Chris Grayling on a flight on the airline's first Airbus A321neo jet.
https://in.finance.yahoo.com/news/cabinet-approves-brics-mou-regional-165805691.html -- Cabinet approves BRICS MoU for Regional Aviation Partnership CooperationWed, 18 Jul 2018 11:58:05 -0500
New Delhi, July 18 (IANS) The union cabinet on Wednesday approved the signing of a Memorandum of Understanding (MoU) amongst BRICS (Brazil, Russia, India, China and South Africa) nations for a Regional ...
https://in.finance.yahoo.com/news/enforcement-directorate-files-charge-sheet-165032369.html -- Enforcement Directorate Files Charge Sheet In VVIP Chopper ScamWed, 18 Jul 2018 11:50:32 -0500
The ED has filed fresh charges against ex-directors of AgustaWestland and Finmeccanica in VVIP chopper scam.
https://in.finance.yahoo.com/news/ibc-nclat-reserves-order-numetal-164923429.html -- IBC: NCLAT Reserves Order On Numetal And ArcelorMittal Pleas Over Essar Steel BidsWed, 18 Jul 2018 11:49:23 -0500
NCLAT asked Numetal and ArcelorMittal to file written submissions for Essar Steel by Monday.
https://in.finance.yahoo.com/news/no-confidence-motion-win-perception-164700954.html -- No-Confidence Motion: Who Will Win The Perception Game?Wed, 18 Jul 2018 11:47:00 -0500
Modi government will breeze through trust vote. It is the battle of perception that counts.
https://in.finance.yahoo.com/news/ryanair-says-biggest-ever-strike-163151525.html -- Ryanair says biggest-ever strike to ground 600 flights next weekWed, 18 Jul 2018 11:31:51 -0500
Ryanair is to cancel more than 12 percent of its flights for two days next week in its biggest-ever strike as cabin crew escalate a staff revolt that began among disaffected pilots last year. In the company's largest previous industrial action, Ryanair canceled 30 flights on July 12 when some pilots in Ireland held their first strike. Ryanair said it will cancel 24 flights on Friday during the second of three strikes planned by the pilots.
https://in.finance.yahoo.com/news/higher-axle-loads-improve-efficiency-163005103.html -- Higher axle loads to improve efficiency; safety concerns should be addressed: SIAMWed, 18 Jul 2018 11:30:05 -0500
New Delhi, July 18 (IANS) The Society of Indian Automobile Manufacturers (SIAM) on Wednesday said that the recent central government notification increasing the maximum permissible axle loads on trucks will improve transport efficiency. However, SIAM cautioned that in the absence of adequate enforcement of rated load compliance in the field, prevalent practices of rampant overload could pose serious road safety threats and may necessitate the government to issue suitable advisories for better clarity.
https://in.finance.yahoo.com/news/government-may-withdraw-controversial-frdi-162251875.html -- Government May Withdraw Controversial FRDI Bill In Monsoon SessionWed, 18 Jul 2018 11:22:51 -0500
Concerns over the ‘bail-in’ clause could lead to withdrawal of the FRDI Bill.
https://in.finance.yahoo.com/news/u-crude-oil-output-hits-161649394.html -- U.S. crude oil output hits 11 million bpd for first time everWed, 18 Jul 2018 11:16:49 -0500
The gains represent a rapid increase in output, as the data, if confirmed by monthly figures, puts the United States as the second largest producer of crude oil, just behind Russia, which was producing 11.2 million bpd in early July, according to sources. The United States has added nearly 1 million bpd in production since November, thanks to rapid increases in shale drilling.
https://in.finance.yahoo.com/news/sinclair-reverses-course-tribune-deal-161055084.html -- Sinclair reverses course on Tribune deal, hoping to win FCC nodWed, 18 Jul 2018 11:10:55 -0500
Sinclair Broadcast Group Inc said on Wednesday it will reverse course and not divest three television stations in hopes of winning approval of its $3.9 billion acquisition of Tribune Media Co after the Federal Communications Commission chairman said he had "serious concerns" about the deal. Sinclair, the top U.S. TV broadcast group, said it will drop plans to divest stations in Dallas, Chicago and Houston to "expedite" the transaction after the FCC suggested that under its plan the company would still control the stations. The Justice Department is also still reviewing the deal and the FCC may have other concerns before it is willing to approve the deal.
https://in.finance.yahoo.com/news/oil-prices-fall-u-stock-092634001.html -- Oil prices near flat despite U.S. stockpile rise, higher supplyWed, 18 Jul 2018 11:04:45 -0500
Oil prices were little changed on Wednesday after the market absorbed government data that showed a surprise build in U.S. crude inventories, but also indicated some bullish demand for gasoline. Brent crude futures were up 3 cents at $72.19 a barrel by 11:40 a.m. EDT (1540 GMT). U.S. West Texas Intermediate (WTI) crude futures fell 4 cents to $68.04 a barrel.
https://in.finance.yahoo.com/news/kumar-mangalam-birla-says-not-155524763.html -- Kumar Mangalam Birla Says All Is Not Well For The EconomyWed, 18 Jul 2018 10:55:24 -0500
Birla sees near-term headwinds ranging from rising oil prices to a global trade war.
https://in.finance.yahoo.com/news/japan-shares-jump-yen-bows-003402962.html -- Global Markets: Dollar hits three-week high, gold sinks to year lowWed, 18 Jul 2018 10:53:47 -0500
The U.S. dollar hit a three-week high on Wednesday against a basket of major currencies in the wake of an upbeat view of the economy by the U.S. Federal Reserve, while oil prices resumed a recent pullback and gold slumped to a year low. Demand increased after upbeat comments from Federal Reserve Chairman Jerome Powell about the U.S. economy in congressional testimony on Tuesday, a message he reiterated on Wednesday before a U.S. House panel. “Strengthening economic growth and a confident Fed is helping to support the dollar,” said Alan Gayle, president of Via Nova Investment Management LLC in Fredericksburg, Virginia.
https://in.finance.yahoo.com/news/morgan-stanley-beats-estimates-higher-112610596.html -- Morgan Stanley boss Gorman hits out at Fed stress testsWed, 18 Jul 2018 10:52:49 -0500
The Fed said last month it would not let Morgan Stanley boost overall capital returns to shareholders after its capital ratio fell below the minimum allowed in the annual stress test. The tests, set up to prevent a repeat of the 2007-2009 financial crisis, have become "increasingly more demanding" each year, and are now more severe than what the banks experienced during the crisis itself, Chief Executive Officer James Gorman said on a conference call with analysts. Officials Gorman has spoken with at the Fed have sympathy with his argument that rules about banks' capital ratios should be reexamined, he said.
https://in.finance.yahoo.com/news/three-more-state-run-banks-154644013.html -- Three More State-Run Banks to Get Capital After Rs 11,336-Crore InfusionWed, 18 Jul 2018 10:46:44 -0500
Two to three more state-run banks to get capital from the government to meet regulatory requirements.
https://in.finance.yahoo.com/news/bmw-motorrad-india-launches-two-154005550.html -- BMW Motorrad India launches two bikes in sub-500 cc segmentWed, 18 Jul 2018 10:40:05 -0500
New Delhi, July 18 (IANS) BMW Motorrad India on Wednesday launched two new bikes -- G 310 R and G 310 GS -- in the sub-500 cc segment. The G 310 R has been priced at Rs 2.99 lakh and G 310 GS at Rs 3.49 ...
https://in.finance.yahoo.com/news/bquick-july-18-top-10-153232570.html -- BQuick On July 18: Top 10 Stories In 10 MinutesWed, 18 Jul 2018 10:32:32 -0500
BQuick | Modi Faces No-Confidence Motion, Ambani Needs More Cash, Google Faces Mega Penalty And Other Top Stories.
https://in.finance.yahoo.com/news/expat-guide-real-estate-dubai-153205337.html -- An Expat’s Guide to Real Estate in DubaiWed, 18 Jul 2018 10:32:05 -0500
An Expat’s Guide to Real Estate in Dubai
https://in.finance.yahoo.com/news/telecom-department-looking-vodafone-idea-153058319.html -- Telecom Department Looking Into Vodafone-Idea Plea On Recalculating DuesWed, 18 Jul 2018 10:30:58 -0500
Telecom Department is looking into the way impending dues from Vodafone and Idea have been computed.
https://in.finance.yahoo.com/news/actual-sugarcane-frp-hike-rs-153004370.html -- Actual sugarcane FRP hike is Rs 6, not 20: Agri activistsWed, 18 Jul 2018 10:30:04 -0500
New Delhi, July 18 (IANS) The government's decision on Wednesday to increase the Fair and Remunerative Price (FRP) for sugarcane for 2018-19 (October-September) season by Rs 20 to Rs 275 for a quintal comes with a rider that the new rate will be applicable only when the recovery rate is 10 per cent. The recovery rate -- of sugar from sugarcane -- was 9.5 per cent when the government had fixed the FRP of Rs 255 for a quintal in 2017-18. If the recovery rate of 9.5 per cent is considered for 2018-19, the farmers will get only Rs 261.25, which is a hike of roughly Rs 6.25, on year-on-year basis.
https://in.finance.yahoo.com/news/6-common-financial-mistakes-avoid-152946560.html -- 6 common financial mistakes we make, but should avoidWed, 18 Jul 2018 10:29:46 -0500
Each one of us aspires to smartly manage our finances. But, quite often we end up making some extremely common financial mistakes, which can be easily avoided.Sometimes it is lack of knowledge which leads to such gaffes, and often times it is pure carelessness.In any case, we have listed down 6 such common mistakes and the ways to avoid them.
https://in.finance.yahoo.com/news/social-media-related-harassment-rise-152542102.html -- Social media related harassment on the rise in Indian workplacesWed, 18 Jul 2018 10:25:42 -0500
About 62 per cent of the respondents reported verbal harassment at workplace, followed by non-verbal staring stalking (53 per cent), gossiping rumours (45 per cent), physical (29 per cent), consensual relationships going bad (25 per cent) and social media (24 per cent).
https://in.finance.yahoo.com/news/u-commerce-launches-national-security-151204109.html -- U.S. Commerce launches national security probe into uranium importsWed, 18 Jul 2018 10:12:04 -0500
U.S. Commerce Secretary Wilbur Ross said on Wednesday that he has launched a new national security investigation into uranium imports that could lead to tariffs or quotas to limit them. The "Section 232" probe was prompted by a petition filed by two U.S. uranium mining companies, Ur-Energy Inc and Energy Fuels Inc, complaining that subsidized foreign competitors have caused them to cut capacity and lay off workers. Ross said the probe would canvass the entire U.S. uranium sector from mining through enrichment and defense and industrial consumption.
https://in.finance.yahoo.com/news/reliance-communications-reports-smaller-loss-142358978.html -- RCom reports smaller loss in first quarterWed, 18 Jul 2018 10:09:52 -0500
Like other Indian telecoms firms, RCom has been hit by a fierce price war and is the most leveraged of all listed telecoms carriers in India. RCom, controlled by businessman Anil Ambani, is due to sell 181 billion rupee of assets to Reliance Jio Infocomm and Canada's Brookfield, which will trim its huge debt pile. Revenue from operations fell about 26 percent to 10.06 billion rupees in the first quarter, it said.
https://in.finance.yahoo.com/news/cv-makers-bumper-sale-government-145927049.html -- Commercial vehicle makers in for bumper sale as government increases carrying capacity of trucksWed, 18 Jul 2018 09:59:27 -0500
The move, the first in over three decades, will likely to result in greater cost efficiencies for logistic companies as they would be able to ferry more goods per trip.
https://in.finance.yahoo.com/news/financialbytes-file-t-return-case-145322034.html -- #FinancialBytes: How to file I-T Return in case of job-change?Wed, 18 Jul 2018 09:53:22 -0500
In order to file the income tax, if one has changed jobs, the final figures of payable tax has to be arrived at, considering all the employers, the current and the previous ones.The total tax payable is computed using Form 16 issued by all the employers.Notably, Form 16 is a statement laying down salary and other allowances and taxes deducted from an employee during an assessment year.
https://in.finance.yahoo.com/news/alibaba-buy-minority-stake-focus-145212395.html -- Alibaba to buy minority stake in Focus Media to tap digital marketingWed, 18 Jul 2018 09:52:12 -0500
Chinese e-commerce giant Alibaba Group Holding Ltd on Wednesday said it has agreed to acquire a minority stake in China's Focus Media Information Technology Co Ltd to tap into the digital marketing sector. Alibaba will acquire about 6.62 percent in Focus Media for 9.63 billion yuan ($93.8 million) and possibly another 5.0 percent stake in the next 12 months, it said in a statement. The e-commerce firm would also invest $511.1 million in an entity controlled by Focus Media's chairman Jason Jiang, by subscribing to newly issued shares, it said.
https://in.finance.yahoo.com/news/wall-street-opens-higher-led-133810811.html -- Wall Street at five-month highs, Amazon hits $900 billion market capWed, 18 Jul 2018 09:38:09 -0500
On a day when highly valued tech stocks were one of the biggest drags on the benchmark index, Amazon.com Inc became the second company after Apple to top $900 billion in market value before retreating. Morgan Stanley rose 3.3 percent after its profit topped analysts' estimates on gains in fixed income and equities trading businesses. Berkshire Hathaway's Class B shares rose 3.9 percent and were the biggest boost to the S&P 500 after the company eliminated a restriction on its ability to buy back its stocks.
https://in.finance.yahoo.com/news/tamil-nadu-govt-seeks-dismissal-143645998.html -- Tamil Nadu govt seeks dismissal of petition challenging closure of Sterlite CopperWed, 18 Jul 2018 09:36:45 -0500
The Tamil Nadu government has sought the dismissal of the petition challenging the Tamil Nadu Pollution Control Board's decision to shut down the Sterlite Copper smelter.
https://in.finance.yahoo.com/news/indias-june-domestic-air-passenger-143603339.html -- India's June domestic air passenger traffic up 18%Wed, 18 Jul 2018 09:36:03 -0500
New Delhi, July 18 (IANS) India's domestic air passenger traffic rose by 18.36 per cent in June, official data showed on Tuesday. According to the Directorate General of Civil Aviation (DGCA), 1.13 crore passengers were ferried by the domestic airlines during the month under review from 95.68 lakh reported during the corresponding month of 2017. As per the data furnished by the DGCA, the passenger traffic during the January-June 2018 period grew by 22 per cent.
https://in.finance.yahoo.com/news/uber-hires-former-adviser-david-142903679.html -- Uber hires former adviser to David Cameron to lead lobbying in northern EuropeWed, 18 Jul 2018 09:29:03 -0500
Uber Technologies has hired an ex-adviser to former British prime minister David Cameron to lead the ride-hailing firm's lobbying efforts in northern Europe, less than a month after the company won a reprieve to operate in London. The U.S. company has appointed Adam Atashzai as its head of policy for northern Europe, which includes the UK and countries in the Nordics and Benelux, an Uber spokesman told Reuters. The appointment comes after Uber recently moved to improve strained relations in the British capital as it faced the threat of a ban in its most important European market.
https://in.finance.yahoo.com/news/gold-steady-dollar-firms-u-041402911.html -- Global Markets: Gold slumps to lowest in a year on strong dollar, weak oilWed, 18 Jul 2018 09:16:09 -0500
Gold extended its downtrend on Wednesday, sinking to the lowest in a year on a buoyant dollar and falling oil prices, but some analysts said bullion was close to bottoming out. Gold has shed more than 10 percent since touching a peak of $1,365.23 an ounce in mid-April, weighed down by a stronger dollar and rising U.S. interest rates. U.S. gold futures for August delivery shed 0.2 percent to $1,223.50 an ounce.
https://in.finance.yahoo.com/news/bmw-g310-r-g310-gs-141104106.html -- BMW G310 R & G310 GS ‘Affordable’ Premium Bikes Launched in IndiaWed, 18 Jul 2018 09:11:04 -0500
BMW Motorrad has launched the G310 R and G310 GS in India at a price of Rs 2.99 lakh and Rs 3.49 lakh respectively.
https://in.finance.yahoo.com/news/analysis-greece-prepares-fly-solo-140635701.html -- Analysis: Greece prepares to fly solo on bond marketsWed, 18 Jul 2018 09:06:35 -0500
Once the outcast of European bond markets, Greece appears firmly on the road to redemption. Now, as Greece follows fellow financial crisis victims Ireland, Spain, Portugal and Cyprus back into the fold, it needs to lure long-term investors into its bond market so the country can fund itself independently once the bailout cash runs out. It is in a radically different place and ratings agencies are very likely to continue to upgrade the country," said Nick Gartside, international chief investment officer for fixed income at J.P. Morgan Asset Management, which manages $1.7 trillion of assets.
https://in.finance.yahoo.com/news/european-commission-fine-google-may-140251860.html -- End of the Road for Affordable Android Phones? EU's Record Fine on Google May Hit PricesWed, 18 Jul 2018 09:02:51 -0500
Google will have to change it's Android business model, as it'll no longer be able to not charge phone makers for the software or depend on a controlled distribution model.
https://in.finance.yahoo.com/news/bypl-procure-100-mw-wind-135806045.html -- BYPL to procure 100 MW wind power at competetive rateWed, 18 Jul 2018 08:58:06 -0500
New Delhi,, July 18 (IANS) City electricity distribution company (discom) BSES Yamuna Power Ltd (BYPL), supplying to central and east Delhi, on Wednesday said it has signed a power sale agreement with the Solar Energy Corporation of India to procure 100 MW of wind power at competitive rates. A BSES statement said the power is expected to be available to the discom from the third week of November 2019 for a period of 25 years, and will be available at the highly competitive tariff of Rs 2.52 per unit. "With this latest agreement, BSES discoms will be getting a whopping 400 MW of wind power.
https://in.finance.yahoo.com/news/lok-sabha-hold-debate-no-135457212.html -- Lok Sabha To Hold Debate On No-Confidence Motion On FridayWed, 18 Jul 2018 08:54:57 -0500
Telugu Desam Party brought the no-confidence motion against the government today.
https://in.finance.yahoo.com/news/13-old-mumbai-boy-budding-134840533.html -- 13-year-old Mumbai boy is a budding-entrepreneur of a logistics start-upWed, 18 Jul 2018 08:48:40 -0500
Tilak Mehta is like any other teenager. The 13-year-old attends a Mumbai suburban school and rues about his father coming home from work late. But the similarities stop there. He's a budding entrepreneur who founded a logistics start-up, sold the idea to a banker and convinced him to quit the job and join him as the chief executive. Here's all about the young entrepreneur.
https://in.finance.yahoo.com/news/dot-receives-40-50-mn-132005644.html -- DoT receives 40-50 mn consumer complaints annually: Telecom SecretaryWed, 18 Jul 2018 08:20:05 -0500
New Delhi, July 18 (IANS) The Department of Telecommunications (DoT) receives 40-50 million complaints a year, DoT Secretary Aruna Sundararajan said here on Wednesday. Speaking at a seminar organised by CUTS International, Sundararajan emphasised on the need for a "strong consumer movement and consumer activists" in the telecom sector.
https://in.finance.yahoo.com/news/airbus-ceo-says-activating-brexit-122047133.html -- Airbus says activating Brexit contingency plans as UK strategy 'unravelling'Wed, 18 Jul 2018 08:19:38 -0500
Airbus is activating its Brexit contingency plans as the British government's strategy for leaving the European Union appears to be "unravelling," the head of Europe's biggest planemaker said on Wednesday. Britain is due to leave the EU in less than nine months, but there is little clarity over its future relationship with the world’s biggest trading bloc, creating a headache for companies that rely on the smooth flow of goods and parts across borders. Airbus, which employs 15,000 people in Britain, has issued a series of warnings about the dangers of the country quitting the EU without an agreed deal, saying this month that could halt output at its plants and leave aircraft grounded.
https://in.finance.yahoo.com/news/personal-data-could-rich-someday-131846859.html -- Your Personal Data Could Make You Rich SomedayWed, 18 Jul 2018 08:18:46 -0500
Many companies bought and sold are valued based on the amount and depth of user data that they can bring to the table. We, the users, however, do not get to benefit from any of this. Here's how that may change.
https://in.finance.yahoo.com/news/air-india-stake-sale-plan-131816231.html -- Air India Stake Sale Plan To Be Revisited After Oil Prices, Forex Rates StabiliseWed, 18 Jul 2018 08:18:16 -0500
Government remains committed to Air India disinvestment but the time’s not right.
https://in.finance.yahoo.com/news/cabinet-tweaks-pre-nelp-oil-130645208.html -- Cabinet Tweaks Pre-NELP Oil Blocks, Reduces ONGC Burden Of LeviesWed, 18 Jul 2018 08:06:45 -0500
Government also extends special dispensation of marketing, pricing freedom to natural gas from North Eastern region
https://in.finance.yahoo.com/news/lots-wholesale-solutions-unveils-first-130405478.html -- LOTS Wholesale Solutions unveils first India storeWed, 18 Jul 2018 08:04:05 -0500
New Delhi, July 18 (IANS) Cash and carry firm LOTS Wholesale Solutions on Wednesday unveiled its first wholesale distribution centre in India. According to the company, the business-to-business (B2B) store located at Netaji Subhash Place in New Delhi will be open from July 19, 2018 and is the first of 15 distribution centres planned to be opened in India over the next three years.
https://in.finance.yahoo.com/news/tesla-model-3-most-profitable-130155515.html -- Tesla Model 3 Most Profitable Electric Car According to ConsultantsWed, 18 Jul 2018 08:01:55 -0500
Sandy Munro, president of Michigan-based Munro & Associates, said the car generates net profit margins in excess of 30 percent.
https://in.finance.yahoo.com/news/uks-triumph-sells-701-street-125204704.html -- UK's Triumph sells 701 Street Triple motorbikes in IndiaWed, 18 Jul 2018 07:52:04 -0500
New Delhi, July 18 (IANS) British motorbike maker Triumph Motorcycles on Wednesday announced it has sold 701 of its Street Triple series motorbikes in India which are now available in two new colours. Britain's largest motorcycle manufacturer said in a statement here that its Street Triple range has now becopme the largest selling Triumph model in India after the Bonneville and Tiger series. "The Street triple brand has registered a growth of 148 per cent year-on-year.
https://in.finance.yahoo.com/news/ultratech-cement-q1-standalone-net-125203319.html -- UltraTech Cement Q1 standalone net profit down 33%Wed, 18 Jul 2018 07:52:03 -0500
Mumbai, July 18 (IANS) Aditya Birla Group company UltraTech Cement on Wednesday reported a decline of 33 per cent in its standalone net profit for the first quarter of 2018-19. According to the company, its Q1 net profit decreased to Rs 598 crore from Rs 891 crore reported for the corresponding period of the previous financial year. However, the cement manufacturer's net sales during the quarter under review rose to Rs 8,476 crore from Rs 6,533 crore earned during the like period of the previous fiscal.
https://in.finance.yahoo.com/news/domestic-political-uncertainty-subdues-equity-111406930.html -- Domestic political uncertainty subdues equity indicesWed, 18 Jul 2018 07:50:04 -0500
Mumbai, July 18 (IANS) Domestic political uncertainty in the wake of a no-confidence motion against the central government dragged the equity indices lower on Wednesday. Additionally, market observers ...
https://in.finance.yahoo.com/news/indias-coal-demand-rose-7-124854074.html -- India's coal demand rose 7.5 percent to 900 million tonnes in 2017/18 - ministerWed, 18 Jul 2018 07:48:54 -0500
India's coal demand rose 7.5 percent to about 900 million tonnes in the year ending March 2018, Coal Minister Piyush Goyal told lawmakers on Wednesday. Coal is expected to remain India's main energy source for the next three decades, even as the country encourages the use of renewable power generation. State-owned Coal India Ltd has been directed to boost production, Goyal said in a written reply to lawmakers.