Besta Shankar

Articles by Besta Shankar

Email : editor@ibtimes.co.in

Indian Stocks to Take Backseat to Chinese Equities

Chinese stocks are currently trading at seven-year highs on the expectations that monetary authorities will roll out more stimulus measures to boost economic growth in the country.

Apr 15, 2015

Markets Keen to Know Dollar Impact on TCS Q4 Results

TCS, India's largest IT firm, already said that its margins would be down 40 basis points in January-March quarter due to currency fluctuations

Apr 15, 2015

China's GDP Growth Slows to 6-year Low Despite Stimulus Measures

China's Q1 GDP expanded at the slowest since the first quarter of 2009, when the growth plummeted to 6.6 percent amid the global financial crisis

Apr 15, 2015

Motorola Moto E (2 Gen) 4G-LTE Pre-Order Service Goes Live on Flipkart; Price, Specifications

India Not among Top 30 Global E-Commerce Markets

India fails to make it to the list of top 30 markets for e-commerce.

Apr 14, 2015

World Bank President Jim Young Kim and India's Prime Minister Narendra Modi

Led by India, South Asia Growing Fastest in the World: World Bank

A shift in growth pattern, from consumption-led to investment-led, could see India clocking high growth in 2016 & 2017, says World Bank.

Apr 14, 2015

India Tops Global Remittances List With $70 Billion

The country has topped the list for the second time.

Apr 14, 2015

Current Optimism in Crude Oil Prices is Exaggerated, say Analysts

We believe the optimism among investors vis-à-vis oil is exaggerated, says Commerzbank.

Apr 13, 2015

Hero Working on Honda Activa's Rival to Boost Sales

Hero MotoCorp seems to be working hard on launching a rival to Honda Motor Co.'s best-selling scooter Activa, as it struggles with slowing demand in the motorcycle segment.

Apr 13, 2015

soaring-food-prices-drive-indias-inflation-to-a-six-month-high

CPI Inflation Likely to Go Up in March Due to High Food Prices: Economists

Domestic consumer inflation likely rose further in March, economists say.

Apr 13, 2015

indians-shopping-for-gold-after-prices-fell

New PAN Card Rule for Jewellery Purchases May Lead to Job Losses

The government's proposal to make PAN card mandatory for jewellery purchases above ₹ 1 lakh in cash may lead to contraction in the industry and result in job losses in the sector, says Titan Company MD Bhaskar Bhat.

Apr 11, 2015

india-gold-etf-demand-likely-to-explode-wgc

Why Gold is Not a Good Bet This Year

Investors looking to buy gold at current levels should maintain some caution, as many analysts predict the metal prices to head lower by year-end before seeing a recovery from next year.

Apr 11, 2015

Xiaomi Faces Threat from Counterfeits

Revenue loss to Xiaomi as a result of counterfeits to Mi Power Bank is estimated at $115 million.

Apr 11, 2015

Government's Aim to Double Exports by 2020 Looks 'Unrealistic': Report

The government's ambitious plan to almost double exports by 2020 from the current level is good, but the target looks 'unrealistic', says Capital Economics.

Apr 10, 2015

RBI May Cut Key Repo Rate Thrice By April 2016, Says Bank of America

Although the RBI kept policy rates unchanged at this week's monetary policy review meeting, the bank is expected to cut repo rate thrice by April 2016, says the bank.

Apr 10, 2015

Flipkart Big App Shopping Days Sale Begins: Best Deals And Offers On Mobiles And Other Electronics

Flipkart, Snapdeal May Step Back on Discount Offers

The total losses incurred by online retailers as a result of discounts currently stand at almost ₹1,000 crore, says report.

Apr 10, 2015

LinkedIn Forays into Online Education Services, Buys lynda.com

Billed as the largest acquisition by Linkedin since its inception, the company will pay 52% in cash and 48% in stock for the deal.

Apr 10, 2015

Snapdeal Acquires Mobile Recharge Platform FreeCharge, Expands Service Offerings

The Delhi-based e-retailer is reported to have paid ₹2,800 crore ($450 million) in cash and stock to acquire FreeCharge.

Apr 9, 2015

How a Strong Dollar is Affecting Non-US Business of Indian IT Companies

The dollar's rally against its major counterparts is hurting revenues of domestic software services firms in the non-US markets such as Europe, where the demand is already slowing due to sagging economy.

Apr 9, 2015

Moody's Raises India's Outlook to Positive

There is a high probability that actions by policy makers will enhance the country's economic strength, Moody's said.

Apr 9, 2015

How Analysts React to RBI's Decision to Keep Key Policy Rates Unchanged

The RBI left the repo rate unchanged at 7.5%, the Cash Reserve Ratio (CRR) at 4% and Statutory Liquidity Ratio (SLR) at 21.5%.

Apr 7, 2015

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Articles by Besta Shankar

Indian Stocks to Take Backseat to Chinese Equities

Markets Keen to Know Dollar Impact on TCS Q4 Results

China's GDP Growth Slows to 6-year Low Despite Stimulus Measures

India Not among Top 30 Global E-Commerce Markets

Led by India, South Asia Growing Fastest in the World: World Bank

India Tops Global Remittances List With $70 Billion

Current Optimism in Crude Oil Prices is Exaggerated, say Analysts

Hero Working on Honda Activa's Rival to Boost Sales

CPI Inflation Likely to Go Up in March Due to High Food Prices: Economists

New PAN Card Rule for Jewellery Purchases May Lead to Job Losses

Why Gold is Not a Good Bet This Year

Xiaomi Faces Threat from Counterfeits

Government's Aim to Double Exports by 2020 Looks 'Unrealistic': Report

RBI May Cut Key Repo Rate Thrice By April 2016, Says Bank of America

Flipkart, Snapdeal May Step Back on Discount Offers

LinkedIn Forays into Online Education Services, Buys lynda.com

Snapdeal Acquires Mobile Recharge Platform FreeCharge, Expands Service Offerings

How a Strong Dollar is Affecting Non-US Business of Indian IT Companies

Moody's Raises India's Outlook to Positive

How Analysts React to RBI's Decision to Keep Key Policy Rates Unchanged

Ranveer Singh touches Sanjay Leela Bhansali's feet; Sara Ali Khan, Aditi Rao Hydari radiate in ethnic outfits at reception

Omar lambasts "arrogant" Congress after BJP's historic victory; Mehbooba reacts [details]

BJP leads in 53 seats, crosses majority mark in Chhattisgarh

Ranbir Kapoor's fans burst crackers inside theatres during Animal screening; fans say 'low budget Salman Khan' fans'