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Pnb bank
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What led to huge PNB fraud and how few rogue employees escaped detection

A $2 billion fraud at India’s Punjab National Bank (PNB) may have been orchestrated by a few rogue employees, but it escaped detection because of widespread risk-control and monitoring lapses in many areas of the bank, the bank’s own internal probe has found. PNB, India’s second-biggest state-controlled lender, has previously alleged that a handful of

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Short Term Buy Call Jubilant Foodworks

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Diesel, petrol price
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Brent crude oil gets cheaper by $3 per barrel in 2 days: 2 biggest reasons for the decline

Oil prices fell more than $2 a barrel Friday after two of the world’s biggest producers indicated they might increase output at next week’s OPEC meeting, while U.S. exports were threatened by potential Chinese tariffs on crude oil and refined products. Oil investors have been nervous ahead of the coming OPEC summit in Vienna. Saudi

bse sensex
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Sensex rebounds 200 points as IT stocks surge; TCS gains over 3% on share buyback

The BSE Sensex rebounded Domestic equity markets closed Friday’s rangebound trade session on a flat note with marginal gains. Market aided by robust buying in IT blue chips like Tata Consultancy Services and Infosys. Shares of IT giant TCS gained over 3 per cent after it approved a share buyback program of Rs 16,000 crore. TCS will

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NPA in India: Banks wrote off 4.8 lakh crore bad loans since 2009; check full list

In a major development, banks have largely written off a record Rs 1,44,093 crore of bad loans in the financial year ending March 2018. The figure has gone up by 61.8 per cent from Rs 89,048 crore in the previous fiscal, according to an Indian Express report. Of the amount, public sector banks have written

Share Market
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Asian shares down on Federal Reserve hike, China-US trade anxiety

Asian shares edged down on Thursday after the Federal Reserve raised interest rates and took a more hawkish tone in forecasting a slightly faster pace of tightening for the rest of the year, while concerns about US-China trade frictions kept investors on edge. MSCI’s broadest index of Asia-Pacific shares outside Japan lost 0.25 percent in

petrol price
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Petrol diesel prices today

No cut in petrol, diesel prices today! After 14-day-long fall, fuel prices kept unchanged; check rates Petrol and diesel prices in India, after being cut for 14 straight days, have been kept unchanged for the first time since the rates surged to a record high on May 29. Petrol price in Delhi today is at Rs 76.43 per

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Sensex snaps 2-day rally on profit-booking; focus shifts to G7 meeting

The benchmark BSE Sensex dipped 19 points to close at 35,443.67 today after two straight sessions of robust gains due to profit-booking in power, metal, FMCG and banking stocks. Overseas, European stocks followed Asian peers lower after a mixed close on Wall Street overnight amid uncertainty over global trade relations ahead of a key G7 meeting. The 30-share

Business, Equity Market, Latest News, News, Research Report, Stock Market

Petrol, diesel prices today: Biggest cut in last 10 days, check city-wise rates

Petrol, diesel price today news: In a major relief for consumers across India, petrol price has been slashed by 21 paisa per litre and diesel price was also cut down by 15 paisa per litre today. As per new rate chart, petrol price in Delhi now stands at Rs 77.63, in Mumbai 85.45, in Kolkata Rs 80.28 and in