A look at the hits and flops of the week.
The S&P BSE Sensex shed 119 points to close at 27,977 and the Nifty50 dropped 45 points to finish at 8,591.
IMAGES from Europa League matches played on Thursday.
'The snakes and ladders game will continue till the consolidation process is complete simply because we don't know how bad the scene is, with some of the banks being merged,' says Tamal Bandyopadhyay.
10 per cent for those who earn up to Rs 30 lakh a year and 25 per cent for those who earn more, suggests T C A Srinivasa-Raghavan.
A look at this week's hits and misses.
Violating the ceasefire, Pakistani troops on Sunday fired on border out posts along the International Border in Jammu district.
Having cleared over 200 special economic zone proposals, the Board of Approval will take up 46 fresh cases on Friday.
"According to the global financial services major, though CAD at 3.2 per cent of GDP is significantly lower than the 4.8 per cent it registered in fiscal year 2012-13 ", it still remains higher than the 2.4 per cent of GDP that we estimate as the optimal current account deficit".
The dry spell at the box office continues.
Leading real estate firm Unitech's investment arm Unitech Corporate Parks Plc on Monday said it has received nod from the Board of Approvals for establishment of IT Special Economic Zones at Greater Noida and Kolkata.
Reserve Bank carried out the investigation and noted the deficiencies which were reflective of weaknesses and failures in internal control mechanisms
'India is not so distant from years of high and entrenched inflationary expectations that it should start trying to play games with the economy the way the West's central bankers think they are entitled to,' argues Mihir S Sharma.
Friendships are not merely severed, but built over scuffles. And just about anything can stir things up -- a long-standing feud, a pointless stare, a disrupted moral stance, a fist that ricochets off a face and smacks another face in the near vicinity, observes Sreehari Nair.
The choice clearly is between prompt corrective action and slow but sure destruction, says Tamal Bandyopadhyay.
A look at this week's hits and misses.
Land plots filled with wild grasses near Ghazipur, Tikri and Singhu protest sites have been converted into well-curated nurseries with a variety of flowers like marigold and rose.
The group, headed by former RBI deputy governor H R Khan, has also pitched for liberalised investment cap, review of prohibited sectors for foreign investment for FPIs, permitting FPIs for off-market transactions and review of restriction on sovereign wealth funds for investment in corporate debt securities.
After removing three PSBs - BoI, Mahabank and OBC from the framework, RBI, on Tuesday, took out three commercial banks - Allahabad, Corporation and Dhanlaxmi from the said list.
Here's why Salman Khan is the numero uno of Bollywood!
A senior Border Security Force official said that Pakistan Rangers had resorted to heavy firing using small arms and few mortar shells in the in the Kanachak and Pargwal sectors.
Amabni to relinquish the position next month to join BofA's non-fiduciary global advisory council.
'In today's world, more than ever, we feel the need for comfort, for love. There is so much to reassure us here -- the beautifully captured billowing embrace of the smoke, the golden light, the subject's expression as he prepares the food for sharing.'
In continued ceasefire violations, Pakistani troops resorted to night-long firing and mortar shelling targeting six Border Out Posts along the Indo-Pak border in Jammu district, forcing the Border Security Force to retaliate effectively.
'It seems to be a bit of an aberration. It should be set right; there is a proper mechanism in place. In the normal course, the state police do not have any jurisdiction on central government employees,' the official said.
Bank of Baroda on Tuesday said it would increase deposit rates by 25 basis points with effect from either January 27, 2006 or February 1, but would not go for any change in the lending rates.
At 13, Anoushka Jolly has received funding for her app Kavach through which students like her can report incidents of bullying and harassment anonymously
Bank of America has given shares worth nearly Rs 11 lakh (Rs 1.1 million) to Mukesh Ambani as part of annual retainer fee to the billionaire industrialist, who joined the United States banking giant's board last month.
B Sriram, the senior-most managing director at SBI, along with fellow MDs Rajnish Kumar, P K Gupta, and Dinesh Kumar Khara had been interviewed for the post
The Assam-Mizoram violence is an outcome of BJP trying too hard to 'integrate' distinct northeastern states, explains Shekhar Gupta.
Will Sunny Leone score yet another hit?
Mani Ratnam is experimenting with a real-life historical in Ponniyin Selvan, points out N Sathiya Moorthy.
Liverpool's Trent Alexander-Arnold scored with a spectacular strike as they overcame the loss of three players to suspected positive COVID-19 tests and conceding an early goal to beat Newcastle United 3-1 in the Premier League on Thursday.
Private equity (PE) is set to play a bigger role in banks. Of 21 recommendations accepted by the Reserve Bank of India (RBI) out of 31 made by its Internal Working Group (IWG), its stance on non-promoter holdings in private banks is seen with excitement, though it doesn't refer to PEs explicitly. On non-promoter holdings in these banks, the RBI said this will be capped at 10 per cent of the paid-up voting equity share capital in the case "of natural persons and non-financial institutions and entities"; and "at 15 per cent for all categories of financial institutions, entities, supranational institutions, public sector undertaking, or the government." While this is a modification of the IWG's stance for the non-promoter holding in banks at up to 15 per cent, it does open up a huge window for PEs, all the same. This is because, while the RBI has remained silent on the eligibility of industrial houses for bank licences, fresh high-quality capital in large amounts can only come from PEs.
The Industrial Finance Corporation of India is likely to be merged with the Punjab National Bank or the Bank of Baroda and a final decision is expected to be taken shortly.
