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Fortis Healthcare shares climb nearly 5% Fortis Healthcare shares climb nearly 5%

Shares of Fortis Healthcare rose nearly 5 percent Monday as the company completed the acquisition of 51 percent stake in Fortis Hospital and also acquired compulsorily convertible preference shares issued by Escort Heart Institute and Research Centre.

Sensex, Nifty plunge on lower guidance, US rate hike fears Sensex, Nifty plunge on lower guidance, US rate hike fears

Lower earnings guidance from IT majors, along with heightened chances of a US rate hike and negative global crude oil prices dragged the Indian equity markets to close in the red on Monday.

India's current account deficit likely to stay below 1% of GDP this year: DBS India's current account deficit likely to stay below 1% of GDP this year: DBS

India's current account deficit is likely to stay below 1 percent of GDP this year, largely due to a sharp fall in the trade deficit as against last year, says a DBS research report.

Markets show withdrawal symptoms; Sensex slides 122 points amidst heavy volatility Markets show withdrawal symptoms; Sensex slides 122 points amidst heavy volatility

Selling pressure distinctly came to the fore in telecom, auto, capital goods and technology sectors.

Just 15% population in metro cities aware about credit scores: Suvery

Despite of credit bureaus operating for past one decade and lenders making credit scores mandatory for loans, a recent survey conducted in eight metros has found that only 15 percent people are aware of such a system, while over 50 percent respondents are unaware of the bureaus.

FPIs withdraw Rs 6,000-crore from debt markets in October

Foreign investors have pulled out nearly Rs 6,000 crore from the Indian debt markets in the first two weeks of this month, after pumping in a staggering amount in September.

Only 15% population in metro aware of credit scores: Survey Only 15% population in metro aware of credit scores: Survey

Despite of credit bureaus operating for past one decade and lenders making credit scores mandatory for loans, a recent survey conducted in eight metros has found that only 15 percent people are aware of such a system, while over 50 percent respondents are unaware of the bureaus.

NPA not an issue, rate cuts to fetch Rs 2.5 trillion gains: K V Kamath NPA not an issue, rate cuts to fetch Rs 2.5 trillion gains: K V Kamath

Seeking to allay fears arising from dud loans pile-up, veteran banker K V Kamath said interest rate cuts will give troubled lenders Rs 2.5 trillion boost through treasury gains that will help the system tide over troubles and also ease pressure on growth capital.

'Quarterly earnings of UltraTech, HCL, Cairn India to dictate stock market trend this week' 'Quarterly earnings of UltraTech, HCL, Cairn India to dictate stock market trend this week'

Quarterly earnings from bluechips Reliance Industries and Wipro would largely influence market trend this week in the absence of any major domestic triggers, say experts.

Bank of Baroda to raise up to Rs 2,000 crore via bonds Bank of Baroda to raise up to Rs 2,000 crore via bonds

Public sector lender Bank of Baroda on Saturday said it proposes to raise up to Rs 2,000 crore on private placement basis to meet Basel III requirements.

Sensex at below 28,000, fell 388 points for the week ended Sensex at below 28,000, fell 388 points for the week ended

The curtailed trading week saw the Sensex falling below the psychological 28k-level amid intense volatility, losing 387.54 points, while the broader Nifty going below the key 8,600-level.

 WPI inflation in September eases to 3.57% WPI inflation in September eases to 3.57%

Keeping in trend with retail inflation, wholesale price inflation (WPI) in September eased to 3.57 percent in month of September from a two-year high of 3.74 per cent in August, official data showed on Friday. 

Forex reserves off record high, slump $4 billion to $367.64 billion Forex reserves off record high, slump $4 billion to $367.64 billion

After touching a record high, the country's foreign exchange reserves declined by a whopping USD 4.343 billion to USD 367.646 billion in the week to October 7, the Reserve Bank said on Thursday.

Sensex recovers 30 points on lower inflation; Infosys letdown

Lower inflation data coupled with revived global sentiment helped benchmark Sensex bounce back after yesterday's steep fall and end 30 points higher at 27,673.60 in a choppy trade on Friday, but gains were restricted by a mixed start of the earnings season.

RBI to cut more rates next year, says CLSA's Wood

The Reserve Bank of India`s decision in the credit policy to cut the repo rate by 25 basis points and lower the target for real interest rate suggests that significantly easier monetary policy is coming, says Chris Wood, the author of CLSA`s newsletter GREED and fear.

NSE to auction investment limits for Rs 9,300-cr govt bonds NSE to auction investment limits for Rs 9,300-cr govt bonds

The auction will be conducted on NSE-ebid platform during 1530-1730 hours, after the close of market trading.

Infosys shares slump over 5% on FY17 revenue guidance cut

Shares of IT major Infosys on Friday fell by over 5 percent after the company slashed its revenue guidance for the second time this year due to its recent performance and "near-term uncertain business outlook".

Retail inflation falls to 4.31% in September Vs 5.05% in August Retail inflation falls to 4.31% in September Vs 5.05% in August

New Delhi: Retail inflation in September dropped to 13-month low of 4.31 percent mainly on account of easing vegetables prices.

Govt okays Rs 100 crore special unit in CBI to probe financial crimes

In order to strengthen CBI's capabilities for probing big-ticket financial crimes, the government has approved a Centralised Technology Vertical (CTV) to provide the probe agency real time access to data warehouses for professional expertise and collection of forensic evidences at an approximate cost of Rs 100 crore.

Urjit Patel warns of risks from Brexit, US elections Urjit Patel warns of risks from Brexit, US elections

India and fellow BRICS countries need to be prepared to confront potential "political risk" events such as Britain`s exit from the European Union and the U.S. presidential elections, Reserve Bank of India Governor Urjit Patel warned on Thursday.