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Friday, November 29, 2019

India's GDP growth stumbles to over 6-year low in Q2

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THE ECONOMIC TIMES
Fri, Nov 29, 2019 | 06:02 PM IST

Daily Newsletter

India's GDP growth stumbles to over 6-yr low of 4.5% in Q2

The slowdown was mainly on account of a weak manufacturing and a drop in exports due to a global slowdown.

Core sector output for October contracts further to 5.8%

The index was dragged down by electricity which reported a de-growth of 12.4% vs -3.7% in Sept. ...

RBI files application for insolvency proceedings against DHFL

"Debt moratorium on DHFL till insolvency plea admitted," ETNow reported....

Massive surge in frauds forces SBI to ring the alarm bells

The April–November period this year recorded 200 times more frauds compared to entire FY18.

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Market Watch 29 Nov | 06:02PM|
SENSEX NIFTY USD/INR GOLD
40793.81
-336.36
12056.05
-95.10
71.74
0.12
37783.00
60.00
MARKET NEWS
Factors behind Sensex's 336-pt fall on Friday

Only three out of 30 Sensex stocks were trading higher in Friday's session....

Penny stocks rallied up to 1,000% in 3 months

Topping the list was the Anil Ambani group entity Reliance Naval and Engineering....

Gainers Losers 29 Nov, 2019, 06:02PM IST, PTI|View All
Company Name Live Price Change (%) Volume High Low
Adani Transmissions 309.70 10.53 211895 317.1 279.0
Future Consumer 27.60 8.88 542418 29.1 25.5
ADANIGAS 161.30 7.89 1383240 168.6 149.35
Bharti Infratel Ltd 276.00 7.60 3083492 282.8 238.3
Karur Vysya Bank 63.15 6.40 199719 64.05 59.75
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As much as Rs 3,700 crore of the acquisition cost was supposed to have been funded by bank loans with Patanjali infus...

It's Kaun Banega Crorepati at IITs from Sunday

More cos are likely to offer crore-plus packages. Salesforce is set to pip Microsoft as biggest paymaster....

Govt measures fail to stem the NBFC slide

Liquidity remains a worry for the NBFC sector; loan sanctions fall 34% in September quarter....

Out of the blue, rural grocery demand is out of the red

Data for September just showed a sharp recovery, even as economy is likely to have slipped further....

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