From Jefferies to Edelweiss, here's how brokerages interpret HULGSK deal

2 weeks ago
A day after Hindustan Unilever (HUL) said it was merging GlaxoSmithKline (GSK) Consumer Healthcare with itself in a transaction worth Rs 317 billion that triggered a rally in both counters on Monday, HUL and GSK Consumer gave up some of the gains on  ... ...

China November factory activity up a touch but client demand ebbs

2 weeks ago
BEIJING () China's factory activity grew slightly in November, a private survey showed, though new export orders extended their decline in a further blow to the sector already hurt by the SinoU.S. trade frictions. The Caixin/Markit ... ...

Surplus, liquidity issues likely to rock RBI's Nov 19 board meeting

1 month ago
The RBI's board meeting on November 19 is expected to be a stormy affair in the backdrop of the ongoing tussle between the government and the central bank, sources said, adding that some members are likely to raise issues concerning capital framework,  ... ...

FinMinRBI fight over Rs 3.6 lakh crore 'surplus' from the regulator's reserves

1 month ago
In August, the Reserve Bank of India (RBI) agreed to pay a dividend of Rs 50,000 crore to the government for the previous fiscal, but the government was not happy. It believed that the payout ought to be higher to help address the fiscal deficit. Then Govt and RBI have to listen to each other and respect each oth ... ...

Rejecting Human Capital Index, India says digital age demands better metric

2 months ago
Soon after India rejected the findings of the World Bank's Human Capital Index (HCI), Indian Economic Affairs Secretary Subhash Chandra Garg said a better metric is needed for the index to measure the status of human capital in the digital age. "HCI ... ...

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