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

Bangalore Metro Namma Metro Bangalore infra

Liquor, petrol, diesel, aerated drinks to cost more in Karnataka

Karnataka CM Siddaramaiah, who also holds the finance portfolio, proposed to raise taxes on these items while presenting the budget for 2016-17 Friday.

Mar 18, 2016

India's forex reserves rose for second straight week

India's foreign exchange reserves increased $2.54 billion in the week ended March 11, according to the Reserve Bank of India.

Mar 18, 2016

Bombay Stock Exchange BSE indian stock markets equitas holdings small bank

TCS, GAIL lift Sensex to 2-month high; Nifty closes above 7,600

Benchmark indices Sensex and Nifty closed with gains of over one percent each Friday.

Mar 18, 2016

Foreign tourist arrivals in India rose 11% in February

Foreign tourist arrivals grew 11.43 percent to 8.47 lakh from 7.61 lakh visitors in February 2015.

Mar 18, 2016

Indian Oil Corporation Petrol prices petrol price hike IOC

Additional excise duty on petrol, diesel deprived consumers of Rs 90,000 cr in savings

These savings could have provided additional demand in the economy to the extent of 1% of GDP, according to a State Bank Ecowrap note.

Mar 18, 2016

Shares of Eros International Media flare up on BSE

Eros International, distributor of hit Hindi film "Bajirao Mastani," was trading with gains of almost 12 percent.

Mar 18, 2016

'Kapoor and Sons': Will Fox Star Studios make money at the box office?

"Kapoor and Sons" has been produced by Karan Johar's Dharma Productions and stars Alia Bhatt, Sidharth Malhotra and Fawad Khan.

Mar 17, 2016

Morgan Stanley world GDP world economy global economy

Risk of world economy slipping into recession increasing: Morgan Stanley

The US financial services firm also cut the global growth forecast for 2016 to three percent from the earlier 3.3 percent.

Mar 17, 2016

Hyundai Motor Car sales vehicle production car exports

India's automobile production likely to remain flat in FY16

The country's automobile production for the 11-month period ended February 2016 grew 1.67 percent over the same period a year ago.

Mar 17, 2016

Kingfisher Airlines Vijay Mallya Airbus reduces KFA orders

Airbus continues trimming Kingfisher's orders from its book

The now-defunct Kingfisher Airlines belonging to Vijay Mallya's UB Group had ordered 15 aircraft, Airbus said.

Mar 17, 2016

Blackstone outbids Apollo Global in race to buy Hewlett Packard Enterprise stake in Mphasis: Report

The deal to acquire Hewlett Packard Enterprise's stake is valued at about $1 billion, the Economic Times reported.

Mar 17, 2016

Taj Mahal falls victim to rising crime against foreign tourists

The number of foreign tourists visiting Taj Mahal was 648,000 in 2014, down from 695,000 in 2013 and 743,000 in 2012.

Mar 16, 2016

Indian Railways paid Rs 28,000 crore to its pensioners in FY15

The railways, which has approximately 1.38 million pensioners, incurs about 48 percent of its revenues on salaries and pensions.

Mar 16, 2016

DSP BlackRock buys Indian bonds ahead of possible rate cut by RBI: Report

DSP BlackRock had assets under management valued at Rs 39,182 crore as on Dec. 31, 2015.

Mar 16, 2016

Gold jewellery exports rise 74% in February

India exported gold jewellery worth $844.59 million in February 2016 as against $484.20 million in February 2015.

Mar 16, 2016

5 million tourists visited Goa in 2015

The tourist arrivals in the coastal state of Goa included 5.4 lakh foreign visitors, the state government said on Tuesday.

Mar 15, 2016

Cairn Energy gets $4.4 billion tax demand by India

The income tax demand notice served on Cairn Energy Plc includes back-dated interest of $2.8 billion.

Mar 15, 2016

Infibeam becomes first Indian e-commerce company to go public; aims raising Rs 450 cr

The company has fixed the price band at Rs 360 to Rs 432 per share and the issue will remain open from March 21-23.

Mar 15, 2016

Sensex, Nifty end with losses on global cues; Lupin crashes 8%

Benchmark indices Sensex, Nifty lost more than one percent in trade Tuesday, tracking Asian equities.

Mar 15, 2016

Life Insurance Corporation LIC premium insurance bima diamond plan money back

Life insurance: LIC grows at a lower clip than private insurers

While state-owned LIC's new business collection grew 5 percent, private insurers recorded a 13 percent growth.

Mar 15, 2016

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Articles by S V Krishnamachari

Liquor, petrol, diesel, aerated drinks to cost more in Karnataka

India's forex reserves rose for second straight week

TCS, GAIL lift Sensex to 2-month high; Nifty closes above 7,600

Foreign tourist arrivals in India rose 11% in February

Additional excise duty on petrol, diesel deprived consumers of Rs 90,000 cr in savings

Shares of Eros International Media flare up on BSE

'Kapoor and Sons': Will Fox Star Studios make money at the box office?

Risk of world economy slipping into recession increasing: Morgan Stanley

India's automobile production likely to remain flat in FY16

Airbus continues trimming Kingfisher's orders from its book

Blackstone outbids Apollo Global in race to buy Hewlett Packard Enterprise stake in Mphasis: Report

Taj Mahal falls victim to rising crime against foreign tourists

Indian Railways paid Rs 28,000 crore to its pensioners in FY15

DSP BlackRock buys Indian bonds ahead of possible rate cut by RBI: Report

Gold jewellery exports rise 74% in February

5 million tourists visited Goa in 2015

Cairn Energy gets $4.4 billion tax demand by India

Infibeam becomes first Indian e-commerce company to go public; aims raising Rs 450 cr

Sensex, Nifty end with losses on global cues; Lupin crashes 8%

Life insurance: LIC grows at a lower clip than private insurers

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'