Moody’s keeps India GDP growth forecast at 5.6%
Posted on Saturday December 14, 2019

Growth could be hit as demand has cooled with slow employment growth impacting consumption.


Sebi rejects lenders’ plea on client shares pledged by Karvy
Posted on Saturday December 14, 2019

HDFC Bank, IndusInd, ICICI and Bajaj Fin had sought return of shares pledged by Karvy.


Prince Pipes plans to raise about Rs 500 cr through IPO
Posted on Saturday December 14, 2019

The issue comprising a Rs 250 crore fresh issue and an equal amount of offer for sale has been fixed at a price band of Rs 177 to Rs 178 per share.


Tata Motors surges after Brexit hopes brighten
Posted on Saturday December 14, 2019

PM Boris Johnson’s promise to deliver on Brexit is seen as a sentimental positive for Indian cos with exposure to the UK.


Metal stocks gain on likely trade deal
Posted on Saturday December 14, 2019

Vedanta, Hindalco Industries, Tata Steel and Steel Authority of India advancing 2-4%.


Moody’s keeps India GDP growth forecast at 5.6%
Posted on Saturday December 14, 2019

Growth could be hit as demand has cooled with slow employment growth impacting consumption, co expects 6.6% for ’20 and 6.7% in ’21.


Brokers want dividend tax to go, also seek relief on STT & LTCG
Posted on Saturday December 14, 2019

Brokers’ body says steps to boost volumes, will help govt increase its revenue.


View on Indian markets: Cautious optimism, says Aviva Investors' Aaron Armstrong
Posted on Friday December 13, 2019

The asset management business of UK's largest insurance company says they see some of the most 'captivating opportunities' anywhere within emerging markets in India and specifically, within financials.


Wall St rises as China, US agree on context of trade deal
Posted on Friday December 13, 2019

The Dow Jones Industrial Average was up 107.74 points, or 0.38%, at 28,239.79, the S&P 500 8.97 points, or 0.28%, at 3,177.54.


Phase one trade deal agreed: China says US to roll back tariffs in stages
Posted on Friday December 13, 2019

China and the US have been locked in a trade war that has threatened to roil the global economy.



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GM is investing $1.5 billion in the US to build redesigned midsize pickups
Posted on Friday December 13, 2019

GM is putting $1 billion of that into its Wentzville truck plant in Missouri for upgrades and $500 million to retool its suppliers' factories, according to GM.


Mega MLB deals means five teams will spend more on their top two players in 2020 than some clubs pay entire roster
Posted on Thursday December 12, 2019

The New York Yankees , Washington Nationals, Boston Red Sox, Houston Astros and Los Angeles Angels of Anaheim are spending more on their top two players next season than some ball clubs spend on their entire 26-man team.


American Airlines takes Boeing 737 Max off schedule until April
Posted on Thursday December 12, 2019

American now has the plane out of its schedule later than any other airline, a sign of constant uncertainty about when regulators will allow the jets to fly again.


Sports agent Scott Boras says huge MLB contracts prove 'Moneyball' model doesn't work
Posted on Friday December 13, 2019

Appearing on CNBC's Squawk Alley, MLB super-agent Scott Boras said baseball's attendance was proof the Moneyball model "didn't work."


Babe Ruth's 500th home run bat is expected to fetch more than $1 million at auction
Posted on Friday December 13, 2019

A piece of Babe Ruth memorabilia that was given to a friend 75 years ago could sell for a record price when it gets auctioned off this weekend , according to a California-based auction house.


House passes Speaker Nancy Pelosi's drug pricing bill
Posted on Thursday December 12, 2019

The sweeping bill will allow the U.S. government to negotiate lower prices on the costliest drugs each year.


The 2010s had an appetite for disruption – let's take a look back
Posted on Friday December 13, 2019

Disruption has become an overused and abused buzzword, but it's an appropriate term when it comes to markets, money, technology and politics in the 2010s.


Everything Jim Cramer said about the stock market on 'Mad Money,' including earnings reports, Costco's China problem
Posted on Friday December 13, 2019

CNBC's Jim Cramer takes a look at the week ahead in earnings reports. The "Mad Money" host breaks down Costco's challenges in China.


Cramer's lightning round: Gannett — 'Forget it, Jake. It's newspapers'
Posted on Friday December 13, 2019

"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.


Cramer: Costco has a China problem — and it's not tariffs
Posted on Friday December 13, 2019

The problem is Shanghai, a city of nearly 25 million people, has only one Costco store, CNBC's Jim Cramer said.


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