BUSINESS

UK competition watchdog opens investigation into eight housebuilders over information sharing – business live | Business

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UK competition watchdog opens investigation into eight housebuilders over information sharing – business live | Business

Introduction: CMA launches competition probe into UK housebuilders Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. Britain’s competition watchdog has launched an investigation into Britain’s housebuilders, over concerns that they are sharing commercially sensitive information with each other. The Competition and Markets Authority (CMA) had announced … Read more

Despite promoter stake sale, these 7 stocks clocked double-digit gains in 2 months

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Despite promoter stake sale, these 7 stocks clocked double-digit gains in 2 months

The quarter gone by saw promoters of several companies offload shares in the open market, with atleast 28 of them seeing the holding fall by more than 100 basis points sequentially. Even after this selling, some of the stocks have managed to give double-digit returns in just two months. ETMarkets scanned through the quarterly shareholding … Read more

I contacted my bank to report a scam purchase. Why didn’t it cancel the transaction? | Scams

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I contacted my bank to report a scam purchase. Why didn’t it cancel the transaction? | Scams

I contacted my bank to report a purchase as a scam when, on viewing my bank record immediately after the transaction, I saw that it was a pending payment to an overseas account. (I had bought what I thought were legitimate products – linen, towels etc – through known Australian outlets.) The bank refused to … Read more

Real interest rates above 2% may not be sustainable from growth perspective: Shashanka Bhide

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Real interest rates above 2% may not be sustainable from growth perspective: Shashanka Bhide

Durable, high GDP growth requires inflation to be under control but real interest rates above 2% may not be sustainable when it comes to supporting the growth needs of the Indian economy, said Shashanka Bhide, member of the Monetary Policy Committee of the Reserve Bank of India. If one goes by the MPC’s projection of … Read more

D-Street: Big movers on D-Street: What should investors do with Sona BLW Precision, Jio Financial and Vodafone Idea?

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D-Street: Big movers on D-Street: What should investors do with Sona BLW Precision, Jio Financial and Vodafone Idea?

Benchmark indices edged lower in a volatile trade on Friday. The 30-share BSE Sensex slipped 15 points to close at 73,142 and the broader Nifty closed lower by 4.75 points at 22,212. Stocks that were in focus included names like Sona BLW Precision, which rose 5.9%, Jio Financial, which was up 10.62%, and Vodafone Idea, … Read more

Federal Reserve: Fed-favoured inflation gauge seen rising most in a year

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Federal Reserve: Fed-favoured inflation gauge seen rising most in a year

Underlying US inflation probably rose in January by the most in a year, as tracked by the Federal Reserve’s preferred metric, highlighting the long and bumpy path to taming price pressures. The core personal consumption expenditures price index, which excludes food and energy costs, is seen rising 0.4% from a month earlier. That would mark … Read more

Nifty: Holding 21,920 level can take Nifty higher: Analysts

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Nifty: Holding 21,920 level can take Nifty higher: Analysts

Technical charts and data indicate a lack of relative strength and the dominance of supply pressure during the upward move. The market is likely to remain highly volatile due to the F&O expiry this week, said technical analysts. If Nifty maintains its close above the 21,920 level, it will likely head towards 22,390–22,500 levels. Bajaj … Read more

stock recommendations: Hot Stocks: 3 stocks that may give returns upto 38%

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stock recommendations: Hot Stocks: 3 stocks that may give returns upto 38%

ET looks at some of the latest stock recommendations by analysts. These stocks are expected to return between 16% and 38% as per analysts’ price targets. Indus Towers BROKERAGE BOFA SECURITIES Price Target: Rs 280 CMP: Rs 240.5 Upside: 16% Vodafone Idea’s potential fund raise for network expansion to be positive for Indus as it … Read more

Government urged not to resurrect fees for UK employment tribunals | Employment tribunals

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Government urged not to resurrect fees for UK employment tribunals | Employment tribunals

Unions and workers’ rights groups are urging the government to reconsider plans to reintroduce fees for employment tribunals amid fears it will encourage exploitation. A coalition of 48 organisations, including the TUC, Citizens Advice, Joseph Rowntree Foundation, the Fawcett Society and Maternity Action, said bringing back fees, which were ditched in 2017, meant “bad employers … Read more