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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

SENSEX, BSE, NSE, NIFTY
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Global cues, RIL, banks lift Sensex 261 pts amid rising trade war fears

The market recouped its losses seen in the previous session, following the recovery in its global counterparts on Wednesday amid heightened fears of trade war between the world’s largest two economies US and China.Index heavyweights Reliance Industries, HDFC and HDFC Bank aided rally in the market. The 30-share BSE Sensex gained 260.59 points at 35,547.33

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Brazil, India corporate debt most vulnerable to rate hikes, McKinsey says

LONDON – A 200-basis-point increase in interest rates could cause a sharp rise in emerging-market corporate debt at risk of default, with Brazilian and Indian companies most vulnerable, a report from McKinsey Global Institute showed. Following a decade of loose monetary policy and historically low interest rates aimed at boosting economic growth after the 2008-9

Vijay Mallya
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Vijay Mallya ‘diverted’ over Rs. 3,547 crore funds to Royal Challengers Bangalore, other entities, says ED

In a major worry for beleaguered business man Vijay Mallya, the Enforcement Directorate (ED) has accused the now defunct Kingfisher Airlines of “diverting” over Rs. 3,547 crore of loan to a UK-based F1 motorsport firm, a T20 IPL team and others, according to reports. Apart from this, the ED also said in its supplementary prosecution

macd technical analysis
Knowledge

The popular technical analysis tool – MACD

MACD (moving average convergence/divergence) is a technical analysis indicator used to spot changes in the strength, direction, momentum, and duration of a trend in a stock’s price. The MACD is a computation of the difference between two exponential moving averages (EMAs) of closing prices. This difference is charted over time, alongside a moving average of the difference. The divergence between the

Research Report

Short Term Buy Call Jubilant Foodworks

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Diesel, petrol price
Best Investment Advisor in India, Commodity Market, Equity Market, Foreign Markets, Genuine stock tips provider, Latest News, Most accurate stock tips provider, Research Report, SEBI Registered advisory company, Stock Market

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

Best stock tips adviser in india
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Global cues drag Sensex 139 pts after Fed rate hike; Midcap outperforms; RIL at record close

The 30-share BSE Sensex recovered more than 100 points from day’s low in later part of the session, ending down 139.34 points at 35,599.82. The 50-share NSE Nifty managed to close the session above 10,800 levels, falling 48.70 points to 10,808. Benchmark indices ended volatile session in the red on Thursday as investors after digesting

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