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In first half of year, firms raise more than banks on low US treasury rates.
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
Barcelona and Atletico Madrid led a Spanish Armada into the Champions League last 16 with home wins on Wednesday and in-form Aaron Ramsey steadied Arsenal's boat with a battling win against rocky Borussia Dortmund.
The World War I had been triggered by an assassination in then relatively unknown Serbia.
Lack of decisiveness and courage to deal with PSBs may turn out be the biggest impediment to the Modi government's economic initiatives, says Debashis Basu.
Modi govt has a unique style of working, say experts.
US-based Apollo Global has picked up stake in Indian firms which are not doing that well financially.
Leaders Chelsea have seen their lead reduced to just three points after a shock defeat, and a revival from defending champions Manchester City. Manchester United are back in third after a run of five straight wins. If Chelsea slip agains, City continue to pile on the pressure and United keep the winning momentum it will make EPL battle further interesting.
The Finance Minsiter says country requires 'a larger opening out in more sectors, stability of policy and tax regime'
Thiago Silva's extra-time header sent Paris St Germain into the Champions League quarter-finals on away goals.
Over the short to medium term, valuations are more likely to move down than up.
Angel Di Maria, with all the abundant gifts that make him at nearly 60 million pounds the most expensive signing in English football, may have found a club where he could again become the king, not some undervalued courtier.
Indeed, this is one policy area where the Modi-led government is different from the one that was headed by Atal Bihari Vajpayee.
The Reserve Bank of India (RBI) on Thursday paved the way for niche banking by issuing draft guidelines for setting up payment banks and small banks.
SBI remains a favourite of most brokerages in the PSB segment.
Investors booked profits at higher levels despite the growth oriented Budget.
'The day-to-day control of banks is in the hands of political bosses and bureaucrats who are not answerable.' 'The political system uses the banks as a helicopter to throw money to the sector they want to patronise in order to win the next election.'
Images from the UEFA Champions League matches played across Europe on Wednesday
The cutback on export credit refinance facility is another step towards a shift away from sector-specific liquidity allocations.
Prime Minister Narendra Modi will hold discussions with public sector banks (PSBs) and financial institutions to draw up an action plan for banking reforms
Atletico Madrid sealed top spot in Champions League Group D after second half goals from Frenchmen Kevin Gameiro and Antoine Griezmann but Napoli were held to a 0-0 Champions League draw at home by Dynamo Kiev.
Lionel Messi's penalty earned Argentina a 2-1 win over Croatia after a fortunate equaliser that stood despite an unintentional handball by Sergio Aguero in a friendly at West Ham United's Upton Park ground on Wednesday.
Real Madrid earned their first-ever win over Liverpool with a wondrous Cristiano Ronaldo goal spearheading a 3-0 Champions League victory at Anfield on Wednesday which appeared as classy as it was dominant.
RBI governor Raghuram Rajan has slashed rated by 50 bps.
Real Madrid's early-season woes deepened when they lost 2-1 at home to La Liga champions Atletico Madrid, while substitute Neymar struck twice in Barcelona's 2-0 win against visiting Athletic Bilbao on Saturday.
'Today, three areas give banks a big headache -- steel, power, infrastructure.' 'Three Cs are very critical in lending -- character, capacity and collateral of the borrower.'
In an interview with Business Standard, Arundhati Bhattacharya says she expects stalled projects coming back on track in two quarters.
The Bharatiya Janata Party regime will have to make good on this election slogan to restore state-owned banks to health, says Rajiv Lall.
With Jaitley preferring continuity over change, good days might take a little longer to arrive, says Shankar Acharya.
China's economy is in transition, with rising wage costs and massive overcapacity.
The prime minister's August 15 address was undoubtedly inspirational and outlined important economic and social objectives, such as making India a global hub for manufacturing, ensuring bank accounts for all poor families, major thrusts in sanitation and cleanliness, and a radical restructuring of the Planning Commission.
Jaitley's team presents a quintessential mix of foreign-educated, intellectual technocrats and seasoned bureaucrats
Photos from the US Open matches played on Monday
India's squash players wrapped up a historic performance at the Asian Games, clinching an unprecedented men's team gold after the women's side settled for its first ever silver in Incheon on Saturday.
Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.
RBI governor on the stress in public sector bank due to NPAs, and what is needed to be done to get the system back on track.
India's squash players wrapped up a historic performance at the Asian Games, clinching an unprecedented men's team gold after the women's side settled for its first ever silver in Incheon on Saturday.
Aditya Puri thinks the government is on track.
Rafael Nadal is recovering satisfactorily from appendicitis and will continue a course of antibiotics in a bid to be fit for the remainder of the 2014 season, the World No 2's spokesman said on Thursday.
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