Q1

Global financial services firm Nomura has opined that though the RBI hiked its policy rates for 10 times over the past 15 months, transmission effect was most effective in the

Experts said global developments and FII behaviour will be watched keenly. However, expectations of some improvement in domestic macro-economic data and anticipations around June quarter results may influence market sentiments. The US market will be closed on Monday on account of Independence Day.

Hindustan Zinc today said it has paid Rs 200 crore as the first advance tax instalment for the April-June quarter of the current fiscal, double than the amount it had

Buoyed by the encouraging first quarter GDP numbers, Finance Minister Pranab Mukherjee today expressed confidence that the economy will grow by not less than 8.50-8

Retail broking firms saw a major dip in their revenues in the June quarter after retail investors stayed away from the market, which has been range-bound for some time now, even as firms like Motilal Oswal Financial Services, Edelweiss Capital and JM Financial Services made up the decline by showing better revenues from institutional broking and investment banking businesses.

Bank of Baroda, country’s third-largest public sector bank, plans to raise Rs 2,000 crore during the year to fuel its expansion programme. The bank reported a 25.4 per cent rise in net profit to Rs 859.16 crore for the first quarter of 2010-11.