Economy

 

Govt fixes Sovereign Gold Bond rate at Rs 2,961/gram

Nov 17 2017 | 57 mins ago

The finance ministry said the price of new series of sovereign gold bonds (SGBs) opening on Monday has been fixed at Rs 2,961 per gram.

RBI cancels open market bond sale in surprise move

Nov 17 2017 | 1 hrs ago

RBI cancelled a bond sale via open market operation (OMO) worth 100 billion rupees that was scheduled for Nov. 23, citing “evolving liquidity conditions”.

Rupee spurts 31 paise to end at one-week high of 65.01

Nov 17 2017 | 2 hrs ago

The rupee bounced back in style to end at a one-week high of 65.01 against the US dollar after Moody's upgraded the countrys sovereign rating.

Government bonds rebound, call money rates turn lower

Nov 17 2017 | 4 hrs ago

The 6.79 per cent 10-year benchmark bond maturing in 2027 were regained to Rs 98.23 from Rs 98.14 yesterday.

Foreign exchange earnings from tourism up by Rs 2,254 cr in Oct

Nov 17 2017 | 4 hrs ago

FEEs from tourism in October this year registered an increase of Rs 2,254 cr, compared to Oct 2016, the tourism ministry said.

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Stocks In News

 

NEW INDIA ASSURANCE Q2 REVIEW

PAT at Rs 748 Cr Vs Rs 260 Cr, up 187%

Gross Premium written at Rs 6489 Cr Vs Rs 5784 Cr, up 12.18%

Solvency Margin at 2.24x Vs 2.04x

CARE RATINGS Q2 REVIEW

Revenue From Ops at Rs 91 Cr Vs Rs 81 Cr, Up 12.4% YoY

PAT at Rs 48.3 Cr Vs Rs 47.4 Cr, Up 2% YoY

Operating Profit up 10.5%

Addition of 1077 new clients 2410 issue rated during the quarter

WONDERLA HOLIDAYS Q2 REVIEW

Net Sales down 0.6% at Rs 51.2 Cr Vs Rs 51.4 Cr

EBITDA up 9% at Rs 12.9 Cr Vs Rs 11.8 Cr

EBITDA Margin at 25.2% Vs 23%

Net Profit down 38% at Rs 2.3 Cr Vs Rs 3.7 Cr

Tax rate at 35% Vs 3.8%

All numbers compared on YoY unless specified otherwise 

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