S V Krishnamachari

Articles by S V Krishnamachari

S V Krishnamachari has about seven years of experience in journalism and has been writing on various topics such as politics, healthcare, business and legal affairs. At IB Times, he tracks stock, currency and bullion markets; covers developments at banks, financial institutions and mutual funds and occasionally writes on the intersection of politics and business.

Follow : @S V Krishnamachari Email : editor@ibtimes.co.in

January retail inflation hits 17-month high at 5.69%, below RBI's target of 6%

India's central bank had targeted 6 percent retail inflation by January 2016 and had tweaked its key policy rate accordingly.

Feb 12, 2016

Gold ETFs gain as equities reel under global sell-off; gold prices hit new high

Net asset values of gold ETFs are rising in tandem with the rise in the price of the yellow metal.

Feb 12, 2016

Residential property launches fell 20% in 2015, says Colliers International

Delays in clearances, combined with other factors, caused the decline, says the report.

Feb 12, 2016

Rupee closes at 68.30, near all-time low of 68.85 to the US dollar

On Aug.28, 2013, the rupee fell to a new depth and recorded its biggest single-day fall since October 1995.

Feb 11, 2016

Gold prices rally in sharp contrast to stock market rout, cross Rs 29,000 per 10 gm

The metal has appreciated sharply from its Jan.1 price of Rs 25,510 per 10 gm.

Feb 11, 2016

Sensex registers its third biggest fall since PM Modi came to power; Nifty closes below 7,000

State Bank of India, the country's biggest lender, reported 62% fall in net profit for the December quarter.

Feb 11, 2016

Govt may hike service tax to 16% in this budget: Report

The existing service tax rate is 14 percent, excluding 0.5 percent levied under Swachh Bharat cess.

Feb 11, 2016

UAE Crown Prince Sheikh Mohamed bin Zayed Al Nahyan

UAE's Adnoc to store crude oil in India's strategic facility: Report

Adnoc will stock 0.75 million tonnes of crude oil in the Mangalore facility, of which 0.5 million tonnes will be for India.

Feb 11, 2016

'Fitoor' vs 'Sanam Re' could be replay of 'Airlift' vs 'Kya Kool Hai Hum 3' clash

"Fitoor" starring Katrina Kaif and Aditya Roy Kapur and "Sanam Re" featuring Pulkit Samrat and Yami Gautam will be released on 12 February.

Feb 10, 2016

Stocks that defied market sell-off in Indian bourses on Feb 10

Shares of Apollo Tyres, Bank of Maharashtra, Ceat, Reliance Infra and BPCL rose on Wednesday.

Feb 10, 2016

Apollo Tyres Q3 net profit up 51% helped by soft rubber prices

Tyre companies in India are benefiting from low rubber prices, however, cheaper Chinese imports are hurting sales.

Feb 10, 2016

Bank stocks lead market fall; Sensex, Nifty close down 1%

Bank stocks, burdened with estimated bad loans at about $100 billion, have seen a lot of selling pressure recently.

Feb 10, 2016

Import tariff value hiked on gold, silver

The import tariff value is now $388 per 10 gm on gold and $487 per kg on silver.

Feb 10, 2016

Direct tax collection to fall short of budget estimates by Rs 40,000 crore, says Modi government

Tax collections till January 2016 reached 73 percent of FY2016 target.

Feb 10, 2016

'Bajirao Mastani' box office success fails to lift Eros Q3 revenues, net profit; shares plunge 10%

Net profit was down 65 percent, while revenues fell 31 percent.

Feb 10, 2016

UAE crown prince Sheikh Mohammed bin Zayed Al Nahyan on 3-day India visit from 10 February

The two countries are expected to sign about 16 agreements, including a pact on civil nuclear cooperation.

Feb 9, 2016

Global oil demand growth likely to fall sharply in 2016, says IEA

A slowdown in China, Europe and the United States will keep global oil demand growth muted in 2016.

Feb 9, 2016

PepperTap joins downsizing bandwagon, shuts shop in six cities

Start-ups are increasingly resorting to layoffs and partial business shutdowns amid rising costs and pressure by investors to stay profitable.

Feb 9, 2016

Dr Reddy's Labs Q3 net profit hit by forex loss, Venezuela operations

The Hyderabad-based pharma major warned that its operations in Venezuela could impact the March quarter earnings as well.

Feb 9, 2016

Glaxo, Auro Pharma and Dr Reddy's to report better topline in December quarter: Angel Broking

The brokerage firm expects these pharma majors to post a growth of anywhere between 13 percent to 20 percent in their December quarter revenues.

Feb 9, 2016

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Articles by S V Krishnamachari

January retail inflation hits 17-month high at 5.69%, below RBI's target of 6%

Gold ETFs gain as equities reel under global sell-off; gold prices hit new high

Residential property launches fell 20% in 2015, says Colliers International

Rupee closes at 68.30, near all-time low of 68.85 to the US dollar

Gold prices rally in sharp contrast to stock market rout, cross Rs 29,000 per 10 gm

Sensex registers its third biggest fall since PM Modi came to power; Nifty closes below 7,000

Govt may hike service tax to 16% in this budget: Report

UAE's Adnoc to store crude oil in India's strategic facility: Report

'Fitoor' vs 'Sanam Re' could be replay of 'Airlift' vs 'Kya Kool Hai Hum 3' clash

Stocks that defied market sell-off in Indian bourses on Feb 10

Apollo Tyres Q3 net profit up 51% helped by soft rubber prices

Bank stocks lead market fall; Sensex, Nifty close down 1%

Import tariff value hiked on gold, silver

Direct tax collection to fall short of budget estimates by Rs 40,000 crore, says Modi government

'Bajirao Mastani' box office success fails to lift Eros Q3 revenues, net profit; shares plunge 10%

UAE crown prince Sheikh Mohammed bin Zayed Al Nahyan on 3-day India visit from 10 February

Global oil demand growth likely to fall sharply in 2016, says IEA

PepperTap joins downsizing bandwagon, shuts shop in six cities

Dr Reddy's Labs Q3 net profit hit by forex loss, Venezuela operations

Glaxo, Auro Pharma and Dr Reddy's to report better topline in December quarter: Angel Broking

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'