Gold Silver Reports – In anticipation of strong results for the September quarter, Larsen and Toubro Ltd’s (L&T’s) stock closed 4% higher on Friday. The Street was not wrong, and the diversified conglomerate’s operating performance easily beat estimates.
Gold Silver Reports – SLAB RATE for tiles and sanitaryware is currently 28% and the industry has petitioned the govt to lower it to 18%; final outcome will be known after the GST Council meet
Gold Silver Reports — Have Small Savings Lost out to Equities? – LURE OF STOCK Growth in government savings schemes is timid as there has been a clear shift towards the equity markets, say analysts
Gold Silver Reports – Demonetisation – A year ago, on 8 November 2016, Prime Minister Narendra Modi announced a ban on Rs 500 and 1,000 currency notes in a bold move to eliminate black money out of the system. The higher denomination notes of Rs 500 and 1,000 which accounted for about 85% worth of currency in circulation was turned into just a piece of paper overnight.
Gold Silver Reports – Watches and accessories firm Titan Co. Ltd reported a 67.44% jump in its September quarter profit versus the same period a year ago on strong sales in its jewellery business.
Gold Silver Reports – U.S. employers added the most workers in a year, rebounding from September’s slowdown, as people resumed work after hurricanes Harvey and Irma, Labor Department figures showed Friday. The jobless rate fell to the lowest since 2000 while wages stalled.
Gold Silver Reports – For Stock Market, Powell Seen Holding Yellen Line as Fed Chief – Investors enjoying the fruits of a decade-long bull market in equities expect to find an ally in Jerome Powell, who President Donald Trump plans to nominate to lead the Federal Reserve according to three people familiar with the decision.