Oriental Bank of Commerce has reported a net profit of Rs 112.68 crore for the first quarter ended June 30, 2019. In the same quarter last fiscal, the public sector bank had recorded a net loss of Rs 393.21 crore. @OBCIndOfficial
#Asia #stocks eases as investors reduced expectations of an aggressive interest rate cut by the Federal Reserve, while heightened West Asia tensions following an #Iranian seizure of a #British tanker lifted crude oil prices.
While the thrust on the affordable #housing segment in the #Budget is a positive for the tiles sector, the subdued demand from the real estate sector at large may continue to hurt companies, including Kajaria Ceramics, for a while.
#Portfolio | The short-term outlook remained negative for Maruti Suzuki (₹5,768.9). The long-term outlook will turn positive only if Maruti Suzuki breaks ₹6,513 comfortably. #TechnicalAnalaysis #Markets #Stocks @Maruti_Corp
An amendment to the Income Tax Act, 1961, proposed by Finance Minister @nsitharaman in her maiden #UnionBudget speech could allow the Centre to recover #IncomeTax dues from defaulters who have become residents of other countries.
The Government should marshal all its resources to boost growth rather than worry too much about the #FiscalDeficit and containing inflation, according to Nilesh Shah, Managing Director, Kotak Mahindra Asset Management Company. @NileshShah68 @KotakMF