Time to hurry up in launching India's first offshore bonds?
Posted on Monday September 23, 2019

The fiscal deficit — excess of expenditure over revenues — was initially estimated at 3.3% this fiscal year. With the tax cuts, market participants expect it to be in the range of 3.70-4%.

How companies are increasing liquidity in their shares
Posted on Monday September 23, 2019

More than a dozen such companies have listed their stocks for secondary market trading this year.

Banks pull bond sales as tax stimulus push yields higher
Posted on Monday September 23, 2019

The surge mirrored a spike in sovereign bonds after the unexpected cut in corporate tax.

Trade setup bullish, but Nifty may pause before next leg of rally
Posted on Monday September 23, 2019

The RSI on the daily chart stood at 65.63 and did not show any divergence against the price.

Muthoot Fincorp’s NCD issue to offer up to 11.03%
Posted on Monday September 23, 2019

The issue has received a credit rating of “BWR A+” with stable outlook by Brickwork Rating.

Cluster of hedge funds set to profit from Thomas Cook failure
Posted on Monday September 23, 2019

Around 600,000 holidaymakers have been left stranded abroad after last-minute talks over a financial rescue package faltered.

Oil steadies near $64 on hopes of full Saudi output restart
Posted on Monday September 23, 2019

Global benchmark Brent crude was up 12 cents at $64.40 a barrel by 1320 GMT, having risen as high as $65.50 earlier on Monday.

Gold gains on global growth woes; palladium sets record on supply concerns
Posted on Monday September 23, 2019

Spot gold was up 0.2% at $1,519.13 per ounce as of 1254 GMT, after hitting its highest since Sept. 12.

Saudi Arabia may restore full oil output by next week
Posted on Monday September 23, 2019

Saudi's oil production from its Khurais plant is now at more than 1.3 million barrels per day.

Global stocks sink on dismal economic data, mixed trade signals
Posted on Monday September 23, 2019

The euro fell 0.4% to $1.0966 after the German Purchasing Managers' Index (PMI) release, its lowest in over a week against the dollar.

'You are failing us,' Greta Thunberg to world leaders at UN Climate Action Summit
Posted on Monday September 23, 2019

Greta Thunberg, a 16-year-old Swedish environmental activist, delivered a powerful message at the United Nations Climate Action Summit on Monday.

The Emmy Awards prove that the future of hit TV shows may not be on cable
Posted on Monday September 23, 2019

Think about the last TV show you recommended to a friend, or the last one that was recommended to you. Odds are, it was from a premium service like HBO, Netflix or Amazon.

GM furloughs 1,200 additional US and Canadian workers as UAW strike enters second week
Posted on Monday September 23, 2019

The fresh round of cuts is on top of an estimated 4,500 temporary layoffs GM and its suppliers handed out to employees as of Friday.

Elon Musk shows off SpaceX's first Starship rocket as it comes together in Texas
Posted on Monday September 23, 2019

SpaceX is deep into development of its Starship rocket, with recent updates from CEO Elon Musk showing the first one under construction.

Toy sales, hit by Toys R Us' bankruptcy last year, are expected to make a comeback
Posted on Monday September 23, 2019

After Toys R Us' bankruptcy, toy sales surged 7% in the first half of 2018 as parents stocked up, then sales dove 2%. Now, sales are expected to rise.

Ex-Nissan CEO Ghosn settles SEC charges over $140 million in undisclosed pay
Posted on Monday September 23, 2019

The U.S. Securities and Exchange Commission settled charges against Nissan ex-CEO Carlos Ghosn and ex-director Greg Kelly over false financial disclosures.

Stocks making the biggest moves midday: Boston Beer, Chewy, Overstock.com & more
Posted on Monday September 23, 2019

Names on the move ahead of the open.

Cramer rants against hyped-up IPOs such as WeWork — Peloton is just 'a way to hang your towels up'
Posted on Monday September 23, 2019

CNBC's Jim Cramer calls on investors to be wary of the slew of hyped-up unicorn companies going public this year and encourages the focus to be on deliverable earnings.

Barclays: Netflix stock is 'very expensive,' needs millions more subscribers than it can get
Posted on Monday September 23, 2019

Barclays unveils "a new valuation framework for growth companies."

Elizabeth Warren's wealth tax could include a $1 million marriage penalty
Posted on Monday September 23, 2019

One economist says ultra-wealthy couples could split their fortunes in half through divorce and avoid paying Warren's proposed wealth tax.