The stock and foreign exchange markets have had a negative reaction to the government's biggest social security programme, the National Food Security Bill. Food minister K V Thomas questions the rationale behind such a response
India's wealth grew by $451 billion, the eighth largest wealth gain globally.
Key elements in strategy are automation and advanced technologies being used to improve efficiency, productivity.
The S&P BSE Sensex closed 318 points at 24,455 and the Nifty50 shed 99 points to end at 7,438.
Marketmen said the persistent fall in gold prices to increased selling by selling after the Reserve Bank eased curbs on import of the yellow metal, allowing select trading houses, in addition to already permitted banks, to procure the precious metal to boost exports.
The Nifty had hit its third successive record high of 7,922.70 today.
In Mumbai, jet fuel costs Rs 71,940.36 per kl as against Rs 73,306.89 per kl previously, IOC said.
Samridhi Bhardwaj analyses the dynamics of duty-free liquor allowance in India.
The scheme, touted as a panacea to burgeoning CAD, was a huge flop that fostered a spike in smuggling and allowed several Gitanjali-like players to make a killing
India's jewellery consumption in Sept quarter increases 5% to 193 tonnes.
The retail prices of petroleum products have moved broadly in line with, or somewhat more than, the rupee cost of oil imports.
RBI's fifth bi-monthly monetary policy meet due tomorrow also kept the investors on their toes.
The IPO is expected to bring handsome fees for the selected banks at a time when billion-dollar listings have become scarce
'There is a misconception that gold is a dead asset in India.' 'Around 30 per cent of agriculture loans are collateralised by gold, Soumya Kanti Ghosh and Saket Hishikar, economists at the SBI, point out.
The RBI had in the past expressed its concerns about allowing foreign investors in short-term paper, because it attracted hot money.
Sensex, Nifty put up a good show in closing trade.
'You can put 25 per cent right now; put another 25 per cent when Nifty corrects another 500 points.' 'At 13,500 put another 25 per cent and at 13,000 one can get fully deployed.'
HDFC twins, Axis Bank, ICICI Bank and SBI from the financial space gained between 1-2.7%.
Banking and capital goods stocks were out of favour, while oil and auto stocks saw buying interest.
Analysts agree China, Greece and US Fed developments need careful monitoring but India should gain, over time, from relative rise of the dollar and fall in commodity prices.
To restrict onion exports and help cut prices in the domestic market, the government had gradually raised the MEP to $1,150 a tonne from $650 a tonne a few months earlier.
The country's textile industry is concentrated in a few pockets of Gujarat and Maharashtra in the west and Tamil Nadu and Karnataka in the south.
Earning numbers of blue-chips, including ITC and SBI, due tomorrow.
Next set of Q4 FY16 earnings, progress of monsoon along with election poll outcome will dictate market trend this week
World Bank lowered its global economic growth outlook for 2016 to 2.9% from 3.3% earlier.
After two rate hikes in less than six weeks aimed at curbing inflation, RBI Governor Raghuam Rajan on Wednesday said the central bank may be done with interest rate increases as their impact on the economy is assessed.
Crude oil prices have more than doubled, pushing up India's import bill and raising fears of a higher current account and fiscal deficit. This will impact corporate earnings.
Investors will look at how TCS has performed when it announces the quarter's results on October 13, and the forecast from Infosys on October 14
Some banks might charge you a nominal amount of Rs 100-150 for issuing the card.
Many private players have been under pressure due to factors such as macro-economic issues and delay in receivables from state electricity boards with weak financial health.
The Nifty's put-call ratios are very bearish.
Index heavyweights continue to be top losers with ICICI bank.
The report, 'Road Ahead Clears Up for Oil PSUs', says the decline in underrecoveries, or losses oil-marketing companies incur on selling petroleum products below market price, will have a significant positive impact on both upstream and downstream public-sector oil companies.
The market has zoomed to new highs for calendar 2017.
Markets ended at record closing highs for the second day in a row on institutional buying.
A day after BRICS (Brazil, Russia, India, China and South Africa) nations agreed on a $100-billion foreign currency reserve pool to tackle the volatile foreign exchange markets, India on Friday said the pool would act as a buffer arrangement, adding it might not withdraw anything from this reserve.
Benchmark share indices ended at record closing highs, amid a volatile trading session on Monday, with IT majors leading the gains.
Sensex remained volatile through the day.
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Business leaders met Manmohan Singh to discuss the problems facing the country.
The 30-share Sensex surged 299 points to close at 28,736 and the 50-share Nifty gained 90 points to end at 8,723.
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