IT sector's trading multiples hit post-Lehman lows, providing good entry points.
Prime Minister Narendra Modi on Wednesday asked states to make full use of the expanded COVID-19 testing capacity and saving lives a top priority as India recorded the highest ever spike of 2,003 coronavirus deaths after Maharashtra and Delhi added earlier fatalities not attributed to the disease.
Like millions of people across the world, the year 2020 had dealt me irreplaceable losses and the lowest of blows. Like I have always done at such junctures, I had sought the refuge of the mountains. I wanted to end the year on a high, to show the finger to life, says Sumit Bhattacharya after a memorable journey to North Sikkim.
'If you are selling family silver, and if you are not getting the right value, then what is the point?'
'If India is to emerge as a superpower, we must utilise our huge agricultural potential and not, as in past centuries, merely exploit our farmers,' says Colonel Anil A Athale (retd).
In putting the country's economy back on the rails, it is best that Narendra Modi and Arun Jaitley draw on grass-roots feedback and their own practical sense and native wisdom without allowing themselves to be sucked into the quicksand of economic punditry, says B S Raghavan.
'The government has said it has kept its powder dry to fight the true battle against the debilitating influence of the pandemic.' 'The release of the shocking economic data this week should act as the fuse for using that powder now.' 'Further delays will make the battle that much harder,' notes Shreekant Sambrani.
None of them who took to the dais at the farmers' morcha spoke about the Forest Rights Act, lack of irrigation facilities, minimum support price, and under-employment among the tribals, issues dear to the agitationists, says Prasanna D Zore.
'The macro-economic stresses -- high interest rates, rupee depreciation and capital flows -- have receded now.' 'Interest rates have come down, inflation is down and the rupee has bounced back.' 'If oil prices continue at this level, there will be no vulnerability.' 'Growth is a different story.'
Consumer prices were forecast to have risen 10.00 per cent annually last month, barely changed from the 10.09 per cent clocked in October.
Today, the audio-visual media is dominating the scene. The media advisor has to ensure that as many correspondents are able to ask questions, including news agencies, national and regional newspapers, besides foreign newspapers and the audio-visual media. A complex task indeed.
'Most of the measures the finance minister announced will take effect after the lockdown.' 'By that time, millions of people will be starving.'
The victim's family had alleged that police had failed to take prompt action on their complaint and delayed action by citing jurisdiction issue between police units of Rewari and Mahendergarh districts.
Expectations of strong results, consistent performance and investors preference for stocks in the defensive space help the sector outshine broader markets.
Responding to the statement by France, Gandhi said, "Let them deny it if they want. He (Macron) said that before me. I was there, Anand Sharma and Dr Manmohan Singh were also there."
Four people have died including one each in Delhi, Karnataka, Punjab and Maharashtra.
VG Siddhartha's story 'will be a good case study and not a deterrent to those who want to be entrepreneurs. I don't think it will scare young entrepreneurs. I think these cases will make them sensible. They will understand that they have to be very careful about certain things, otherwise, they will have to pay a heavy price.'
The BSE benchmark Sensex surged about 241 points to end at 35,165.48 and the NSE Nifty gained 84 points to close at 10,688.65.
Ordering more Akash systems is essential for the Indian defence industry.
'Kindly have us airlifted at the earliest. We are in a very bad situation here.'
The session was marked by volatility and stock-specific action, even as the overall sentiment remains risk-averse, brokers said.
.jpg)
The Mahatma's descendants differ over Modi and the BJP victory... US-based Coalition Against Genocide vows to oppose Modi... Only Hindu US Congresswoman congratulates Modi... George Joseph/Rediff.com reports from New York.
Like pharmaceutical companies globally - which used to enjoy a preferential exchange rate in Venezuela - Indian producers have been left badly stung by the collapse of the bolivar currency
Benchmark share indices trimmed intra-day gains after global crude oil prices resumed their downward trajectory after sharp gains on Friday.
The increase is in accordance with the accepted formula, which is based on the recommendations of the 6th Central Pay Commission, it said.
Coal India was the biggest gainer on both Sensex and Nifty
The India Abroad Person of the Year Awards, held at the National Museum of the American Indian in New York City on Friday June 12, honored 14 achievers in seven categories.
Storming the capital with a whirlwind campaign, Narendra Modi on Saturday attacked Prime Minister Manmohan Singh and Finance Minister P Chidambaram and alleged that they have ruined the country with their "bookish knowledge".
RBI data show one-fifth of all the infrastructure loans are stressed and the share of such loans in overall stressed assets is nearly a third.
The recent release of the updated index for comparing the value of currencies across countries - generally known as purchasing power parity, or PPP - will have far-reaching implications.
If people can lobby me for making changes in policies that goes against the country's interest, I won't keep myself in this position, says the vice chairman of NITI Aayog.
PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
'Life will not improve overnight; it will happen in a gradual manner.'
'In the final analysis, all Budgets everywhere are like the schemes hatched by A A Milne's lovable Winnie-the-Pooh.' 'They may be well-intended, but often go awry.' 'Although Pooh and his friends agree that he 'has very little brain', he is occasionally acknowledged to have a clever idea, usually driven by common sense.' 'This Budget at a first glance does not appear to belong to that latter category,' says economist Shreekant Sambrani.
This alliance is for personal survival, not ideology-based support. This alliance is for power, not for the people. This alliance is for personal ambitions, not people's aspirations," the PM charged.
Gains were led by HUL on better-than-expected margins in March quarter and capital goods shares.
The trolls on Twitter, the rumour mongers on WhatsApp and the serial abusers on Facebook are the enemies of social media.
NTPC, Sun Pharma Coal India and Asian Paints were among top losers on BSE Sensex
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances