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Tony Fernandes

AirAsia chief Tony Fernandes given OCI status; what this means for the Malaysian entrepreneur [VIDEO]

Tony Fernandes, the Air Asia chief, says that 5/20 rule is archaic and Indian civil aviation market needs more competition. Jun 13, 2016
Petrol station in Tehran

OPEC predicts oil market to balance by end of 2016

Signs of reduction in oil glut was apparent with price settling just below $50 a barrel from the lowly $25 it had reached prior to February. Jun 13, 2016
gold jewellery gold prices safe haven opec stocks sensex

Gold prices rise for 5th straight day, close at three-week high

A firm trend in global markets coupled with strong buying in India ensured gold prices remained high in the country. Jun 13, 2016
Bombay Stock Exchange BSE indian stock markets equitas holdings small bank

Fortis Healthcare shares crash on Rs. 500 crore penalty; Sensex narrows loss to close 239 points down

A Fortis Healthcare subsidiary has been asked to pay Rs. 503 crore by the Delhi government for alleged land allotment violation. Jun 13, 2016
Bombay Stock Exchange building

Hindalco shares rise 3% on bullish prospects for aluminium companies

Aditya Birla Group company Hindalco is the largest producer of aluminium in India and also has interests in copper. Jun 10, 2016
RBI BSE June7

Sensex, Nifty rally on RBI's monetary policy status quo

Both the crucial indices crossed the psychological limit of good gains despite the RBI's dovish stance on the monetary policy. Jun 7, 2016

Why young people should invest in Nutmeg, not Kickstarter

Four easy ways for young people to invest in stocks and bonds Jun 7, 2016
Bombay Stock Exchange BSE indian stock markets equitas holdings small bank

Sensex, Nifty end trading with losses ahead of RBI monetary policy meet

The RBI monetary policy meet and comments if any by RBI governor Raghuram Rajan will be watched keenly on Tuesday. Jun 6, 2016
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Gold, silver prices fell more than 4% in May while Sensex gained

The fall in gold prices was attributed to weak demand and rising fears of an interest rate hike by the US Federal Reserve. Jun 1, 2016

UK house builders: Are Berkeley Group, Bellway and Persimmon a value buy or value trap?

A buy-to-let slowdown and EU referendum fears have put some investors off house builders in Britain. Jun 1, 2016
car sales monthly car sales siam domestic car sales car traffic delhi highway traffic

Domestic car sales in May: How Maruti Suzuki, Hyundai, Mahindra, Renault India, Honda performed

Maruti Suzuki, Hyundai, Mahindra, Renault reported moderate-to-high growth while Honda saw car sales declined in May. Jun 1, 2016
Bombay Stock Exchange BSE indian stock markets equitas holdings small bank

BSE Sensex was Asia's best-performing index in May

The Sensex gained 4 percent in May, despite reversing the five-day winning streak on Tuesday and losing 57 points. May 31, 2016
bse bombay stock exchange building bse stocks indian equities markets rally

Bombay Stock Exchange may sell about 30% stake by March 2017

BSE hopes to raise about Rs. 1,300 crore from the stake sale, Mint reported. May 31, 2016
gold jewellery gold prices gold purchases akshay tritiya WGC world gold council

1% tax on cash purchase of gold jewellery rolled back

The 1 percent tax was earlier imposed on cash purchases of gold jewellery of up to Rs. 2 lakh; it has now been restored to Rs. 5 lakh from June 1. May 31, 2016
Bombay Stock Exchange building ians bse

Opec meeting, Janet Yellen's comment on interest rate hike to influence Sensex, Nifty

Opec meeting and reaction to Janet Yellen's comment that interest rate hike is "probably appropriate" are key factors for Sensex,Nifty next week. May 28, 2016
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