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

cbdt, finance ministry, north block, income tax, apa, agreements on taxation, india news

7th Pay Commission: Central Govt employees to discuss allowances at JCM meeting on October 24 and 25

The finance ministry had recently issued a notification abolishing seven allowances as proposed by the 7th Central Pay Commission.

Oct 14, 2016

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Sensex, Nifty may spurt on retail inflation data, TCS Q2 results; Infosys results will be in focus

September retail inflation fell to a 13-month low of 4.31 per cent, while TCS posted decent growth in net profit, revenues for Q2.

Oct 13, 2016

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TCS reports 8.4% rise in Q2 net profit; revenues up 7.8% in 'unusual' quarter

In dollar terms, the company's revenues stood at $4,374 million and net profit at $986 million.

Oct 13, 2016

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Sensex, Nifty crash after US Fed hints at interest rate hike

The BSE Sensex slumps 440 points while the NSE Nifty loses 135 points.

Oct 13, 2016

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Central Railway earns less than Rs. 6 from each suburban passenger

During April-September 2016, Central Railway earned Rs. 424.08 crore from 74.10 crore suburban passengers.

Oct 13, 2016

Samsung's Galaxy Note 7 recall is a bigger threat to its credit profile: Fitch Ratings

The financial impact on Samsung over the recall of Galaxy Note 7 and stoppage of its production will be relatively lower, says Fitch.

Oct 13, 2016

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BRICS 2016: Trade ministers meet ahead of Goa summit

Nirmala Sitharaman, union commerce and trade minister, is meeting her BRICS counterparts; a BRICS Business Forum is also scheduled.

Oct 13, 2016

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7th Pay Commission: PNB joins SBI to woo Central government staff with cheaper loans

The salary hike for Central government employees on account of 7th pay commission implementation is tempting banks to woo them.

Oct 12, 2016

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Demand outlook for steel remains weak, says World Steel Association

Global steel demand in 2017 would improve marginally to 1,510 mt from 1,501 mt this year, says World Steel Association.

Oct 12, 2016

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1 MDB scandal: Singapore penalises Falcon Bank, DBS, UBS; to decide on Standard Chartered Bank soon

The Monetary Authority of Singapore (MAS) penalises Falcon Bank, DBS, UBS; awaits assessment of Standard Chartered Bank.

Oct 12, 2016

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Uber, Standard Chartered Bank announce cash-back for rides in India, Singapore, Malaysia, UAE, Vietnam and Indonesia

Standard Chartered credit cardholders in six countries will get up to 25% cashback for all global Uber rides.

Oct 10, 2016

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ICICI Prudential Life gains but still closes below issue price; CCD nears 52-week low

The share price of ICICI Prudential Life Insurance closes at Rs. 324.65 on Monday, below the issue price of Rs. 334 per share.

Oct 10, 2016

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India seizes more illegal Chinese firecrackers; Indians call for boycott of Chinese products this Diwali

The Central Board of Excise and Customs warned about "illegal foreign origin firecrackers" that are hazardous in nature.

Oct 10, 2016

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ICICI, Sundaram, IDBI and Reliance Mutual Funds launch new schemes

Equity and debt investment options are on offer by ICICI, Sundaram, IDBI and Reliance Mutual Funds.

Oct 10, 2016

An employee counts Indian rupee currency notes inside a private money exchange office in New Delhi July 5, 2013

7th Pay Commission: Finance Ministry abolishes 7 advances to Central government employees

It includes festival advances for leave salary, law suits, bicycle, warm clothing and natural calamity, as proposed by 7th pay commission.

Oct 10, 2016

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Gold prices fall Rs 1,000 per 10 gm in 4 days

Gold and silver prices have dropped drastically in the past few days due to weak demand despite Dhanteras just 20 days away.

Oct 8, 2016

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Consumer durable companies confident of buoyant sales this festive season

A consumer electronics and appliances body says that business is likely to increase by 15-20 per cent this festive season.

Oct 8, 2016

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7th Pay Commission: CGA to check for excess payment to Central government employees

The government had earlier asked the CGA to release salary arrears as proposed by the pay commission "without pre-check".

Oct 8, 2016

india forex reserves rbi foreign exchange dollar buying importers exporters falling rupee value fii stock buying bse debt market

World's fastest-growing economy now has $372 billion in foreign exchange reserves

The Reserve Bank of India (RBI) says forex reserves jumped $1.22 billion as of September 30, 2016.

Oct 8, 2016

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Reliance Jio hikes salary for top performers; bids aggressively during spectrum auction

The salary hike is about 10-15 percent; Reliance Jio commits Rs. 13,672 crore during spectrum auction.

Oct 8, 2016

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Articles by S V Krishnamachari

7th Pay Commission: Central Govt employees to discuss allowances at JCM meeting on October 24 and 25

Sensex, Nifty may spurt on retail inflation data, TCS Q2 results; Infosys results will be in focus

TCS reports 8.4% rise in Q2 net profit; revenues up 7.8% in 'unusual' quarter

Sensex, Nifty crash after US Fed hints at interest rate hike

Central Railway earns less than Rs. 6 from each suburban passenger

Samsung's Galaxy Note 7 recall is a bigger threat to its credit profile: Fitch Ratings

BRICS 2016: Trade ministers meet ahead of Goa summit

7th Pay Commission: PNB joins SBI to woo Central government staff with cheaper loans

Demand outlook for steel remains weak, says World Steel Association

1 MDB scandal: Singapore penalises Falcon Bank, DBS, UBS; to decide on Standard Chartered Bank soon

Uber, Standard Chartered Bank announce cash-back for rides in India, Singapore, Malaysia, UAE, Vietnam and Indonesia

ICICI Prudential Life gains but still closes below issue price; CCD nears 52-week low

India seizes more illegal Chinese firecrackers; Indians call for boycott of Chinese products this Diwali

ICICI, Sundaram, IDBI and Reliance Mutual Funds launch new schemes

7th Pay Commission: Finance Ministry abolishes 7 advances to Central government employees

Gold prices fall Rs 1,000 per 10 gm in 4 days

Consumer durable companies confident of buoyant sales this festive season

7th Pay Commission: CGA to check for excess payment to Central government employees

World's fastest-growing economy now has $372 billion in foreign exchange reserves

Reliance Jio hikes salary for top performers; bids aggressively during spectrum auction

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'