Author Profile - Sunil Fernandes

Managing Editor
Sunil Fernandes has spent 25 years covering business and finance in India and abroad. Sunil has worked with frontline daily newspapers including Hindustan Times, Deccan Herald and Gulf Times. He has also worked with investment magazines like Dalal Street Investment Journal and Oman Economic Review. His forte remains stocks, mutual funds and tax planning.

Latest Stories

What Experts Make Of The Inflation And IIP Data

What Experts Make Of The Inflation And IIP Data

 |  Thursday, May 13, 2021, 09:20 [IST]
Consumer price inflation for the month of April grew to 4.3 per cent, while IIP was up 22.4%. Experts feel that the CPI inflation was slightly better than expectations. "Headline CPI grew 4.3% YoY in Apr'21, lower than our forecast ...
Gold @Rs 47,000? Should You Buy, Sell or Hold?

Gold @Rs 47,000? Should You Buy, Sell or Hold?

 |  Wednesday, May 12, 2021, 14:44 [IST]
Gold is trading at around the Rs 47,000 to Rs 48,000 levels on the MCX and is retailing at Rs 44,500 to Rs 46,000 for 22 karats for 10 grams, depending on the city you are in. To be honest, since ...
DII Stake In Nifty-500 At Seven-quarter Low: Motilal Oswal Financial

DII Stake In Nifty-500 At Seven-quarter Low: Motilal Oswal Financial

 |  Wednesday, May 12, 2021, 11:22 [IST]
According to India Strategy Report from Motilal Oswal Financial Services, in the Mar'21 quarter, Foreign Institutional Investors (FIIs) posted inflows of USD 7.3 billion, whereas Domestic Institutional Investors (DIIs) recorded outflows of USD 3.2 billion. Divergent sequential trends are seen between ...
Why This Bank FD Is Now The Best For Investors?

Why This Bank FD Is Now The Best For Investors?

 |  Wednesday, May 12, 2021, 11:17 [IST]
Banks have dropped their interest rates alarmingly in the last few weeks. In fact, some NBFCs like Bajaj Finance which were offering decent interest rates have also reduced their interest rates. At the moment, it's very difficult to get good interest ...
Mid-sized EPC Segment Revenue To Grow 15% This Fiscal

Mid-sized EPC Segment Revenue To Grow 15% This Fiscal

 |  Wednesday, May 12, 2021, 10:14 [IST]
Strong order books and better operational preparedness in the second year of the Covid-19 pandemic will swell the top-lines of mid-sized (revenue < Rs 1,000 crore last fiscal) engineering, procurement and construction (EPC) companies by 15% this fiscal, compared with a ...
Gold Prices To Hit Rs 50,000, Followed By Rs 56,500

Gold Prices To Hit Rs 50,000, Followed By Rs 56,500

 |  Tuesday, May 11, 2021, 14:26 [IST]
Gold prices are expected to immediately target Rs 50,000, followed by 56,500 and above over 12-15 months, Motilal Oswal Financial Services has said. According to the firm, gold's volatility in CY2021 until now has been no less than any ride in ...
Covid’s Second Wave Threatens Growth: CRISIL Report

Covid’s Second Wave Threatens Growth: CRISIL Report

 |  Tuesday, May 11, 2021, 10:43 [IST]
India's second wave is a healthcare and an economic challenge, with the wave threatening economic growth, rating agency CRISIL has stated in its latest report. According to the rating agency, base GDP growth forecast for fiscal 2022 is at 11%, with ...
PNB Shares Fall 4% As Bank Fixes QIP Price

PNB Shares Fall 4% As Bank Fixes QIP Price

 |  Tuesday, May 11, 2021, 09:49 [IST]
Shares in Punjab National Bank fell as much as 4%, after the bank announced the floor price for its Qualified Institutional Placement (QIP) at Rs 35.51. "This is to inform you that in terms of the approval accorded by the Board ...
Sensex Trades Lower Following Tech Sell-off In The US

Sensex Trades Lower Following Tech Sell-off In The US

 |  Tuesday, May 11, 2021, 09:22 [IST]
There was selling pressure across global and Asian markets, following a sell-off in tech stocks across the US in trade on Monday. The tech heavy NASDAQ lost as much as 2.55% in trade. Asian markets were trading sharply lower with the ...