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Deloitte is planning to revamp its structure to reduce expenses ahead of an anticipated market slowdown, the Financial Times reported. The prominent accounting firms, commonly known as the Big Four — Deloitte, PwC, EY, and KPMG — have begun scaling back in certain areas due to declining demand from clients, the Bloomberg report added. Practice to Check Business Credibility In …

Markets pare opening gains, quote lower in volatile trade; Sensex declines over 146 points

Markets Pare Early Session Gains, Banking Stocks Perform, Titan Among Top Laggards

New Delhi: Indian markets pared gains in the opening session on Wednesday which was supported by top gainers Kotak Mahindra Bank, ICICI Bank and HDFC Bank. Japan's Nikkei 225 was flat in early trade, while Hong Kong's Hang Seng fell a marginal 0.2 per cent and Shanghai Composite index in China declined 0.3 per cent. The S&P 500 index has …

Stock markets pare early gains in afternoon session; Sensex ends 63 points low, NSE dips; Bharti Airtel, IT stocks fall

The stock market paired its early gains in the afternoon session despite positive global markets as traders used the rally to book profit. While the market made a gap-up opening tracking firm trade in Asian markets, sharp selling emerged in IT, pharma and select stocks such as Bharti Airtel, Bajaj Finance in the afternoon session weighed on bourses. Shares gave …

Mumbai: Indian stock markets and the rupee pared all losses on Friday after a Bloomberg report said the government may soon roll back surcharge on foreign investors. Three Fed policy makers were against the notion that the US economy needs lower interest rates, and a fourth member said he wanted to avoid taking further action “unless we have to”, foreshadowing …