Friday, 15 November 2019

Consumer spending declines for first time in four decades

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THE ECONOMIC TIMES
Fri, Nov 15, 2019 | 05:37 PM IST

Daily Newsletter

An unreleased survey fuels fear of bigger hit than coming GDP data

The most disconcerting bit to economists was the fall in food consumption for the first time in decades.

Decks cleared for Mittal's grand homecoming

SC held that the ultimate discretion of distribution of claims lies with the Committee of Creditors. ...

SC holds Singh bros guilty of contempt

A bench comprising Chief Justice Ranjan Gogoi and Justice Deepak Gupta held the former Ranbaxy promoters guilty of co...

View: India can't get by without a big bang

Modi clearly prefers an incremental approach to reform, one that lessens the chances of a backlash. While helpful, though, these measures by themselves aren't strong enough to revive the animal spirits of investors. India's problems are simply too deep. The dividends from the limited reforms carried out in the 1990s and early 2000s have dwindled.

How cannabis can solve India's agri crisis
There is a global movement to decriminalise cannabis. India too must join the group.
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Govt plans to pass law for 'One Nation, One Pay Day' to ensure timely payment of salaries Govt plans to pass law for 'One Nation, One Pay Day' to ensure timely payment of salaries...
Santosh Gangwar, Union Labour Minister
Market Watch 15 Nov | 05:37PM|
SENSEX NIFTY USD/INR GOLD
40356.69
70.21
11895.45
23.35
71.78
-0.19
38038.00
-228.00
MARKET NEWS
Why is Airtel rallying despite big Q2 loss?

Airtel will be in a position to take up nearly 40 per cent of the ground ceded by Vodafone Idea....

If govt lets Voda Idea go belly up, top banks to take big hit

State Bank of India is said to have an exposure of Rs 37,330 crore to the two telecom firms....

Gainers Losers 15 Nov, 2019, 05:37PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Vodafone Idea 3.68 24.75 124758326 3.89 2.61
Corporation Bank 18.40 17.20 508344 18.8 16.8
IIFL Finance Ltd 154.90 9.51 1313424 159.0 143.9
Bharti Infratel Ltd 227.70 9.10 698456 233.15 203.45
Central Bank of India 21.00 8.81 207221 21.5 19.15
MORE LINKS:Gainers|Losers|Movers|Only Buyers|Only Sellers|Surging Volumes|Indices
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FROM THE NEWSPAPER
Troubles mount for IT majors as clients up pressure

Analysts said several clients have asked Indian IT majors to cut rates and commit to costs savings upfront....

So who's really running IndiGo? CEO answers

Ronojoy Dutta said the management is insulated from the promoters & is professionally run by the board....

India Inc sees 1st turnover fall in 9 quarters

First turnover fall in nine quarters due to low demand, inventory pile-up & base effect....

Voda Idea CEO speaks to staff to calm nerves

Vodafone Idea MD Ravinder Takkar told employees that the company is hoping for relief for the sector....

Jabong leaves a big hole in Walmart's book

Flipkart has been struggling to figure out a definitive long-term strategy for the fashion portal....

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