Pressure on the government increased with the Reserve Bank of India's surprise move on Thursday to cut interest rates
The hike in clean energy cess is likely to impact input cost for thermal power producers
In the Sensex pack, Bharti Airtel was the top performer, surging 4.61%. Other gainers included ICICI Bank, IndusInd Bank, L&T, Sun Pharma, RIL, HDFC duo, Tata Motors and M&M -- climbing up to 3.69%.
Pump manufacturing company Kirloskar Brothers Ltd and Coal India on Friday are jointly moving 18 high-powered pumps to the mine, officials said.
Prime Minister Manmohan Singh has asked administrative ministeries to work out viable plan for disinvestment of BHEL and Coal India, including dividend payment, so as to achieve Rs 40,000 crore (Rs 400 billion) target in the current fiscal.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Among the Sensex constituents, Larsen and Toubro emerged as the top performer with a gain of 2.76 per cent after the company announced winning large contracts from domestic clients.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Yes Bank and Tata Motors were the biggest losers in the Sensex pack, slumping 8 per cent.
"The coal ministry intends to purchase the house and build a memorial on it," minister of state for coal Shriprakash Jaiswal told PTI, adding directions have been given to the officials of the ministry to purchase the house 'at any cost.' The minister said he, along with officials of Coal India Limited, will be visiting South Africa on August 17 in this connection.
Over 75 per cent of India's daily coal output has been hit as the five-day strike by workers of state-run miners entered the second day on Wednesday, raising fears of disruption in power supplies.
Top gainers in the Sensex pack include Yes Bank, TCS, Infosys, IndusInd Bank, HCL Tech, Bharti Airtel, HDFC, Sun Pharma, Bajaj Auto, ICICI Bank, Vedanta, Hero MotoCorp, ITC, Bajaj Finance, M&M and Tata Steel, surging up to 3.24 per cent.
Government is expected to rely more on divestment proceeds to keep the fiscal deficit in check
CIL workers are represented by five unions -- Indian National Trade Union Congress, Hind Mazdoor Sabha, Bharatiya Mazdoor Sangh, AICWF and All India Trade Union Congress.
Top losers include Hero MotoCorp, HDFC, SBI, Infosys, HCL Tech, ICICI Bank, Bajaj Finance, ONGC, Bajaj Auto and IndusInd Bank, falling up to 2.63 per cent.
Rising oil prices and diminishing cash pile to limit capacity in 2018-19
In the Sensex pack, Hero MotoCorp, IndusInd Bank, Bajaj Auto, Maruti and M&M were the top gainers, spurting up to 2.66 per cent.
The body of the trapped miner was spotted on January 16 and efforts were on to pull it out of the shaft of the coal mine filled with water.
The shift to gross calorific value-based grading of coal aligned domestic prices with international benchmarks.
Other than ITC, other laggards include PowerGrid, Infosys, M&M, NTPC, SBI, HDFC, Kotak Bank, HDFC Bank, TCS, Hero MotoCorp, Coal India, ONGC, RIL, Asian Paint, IndusInd Bank, ICICI Bank, Maruti Suzuki, Bajaj Auto, Tata Motors, Bharti Airtel and Axis Bank.
The finance ministry has short listed 11 PSUs for a possible buyback of shares in the ongoing financial year
ETFs function like a mutual fund scheme and have underlying assets of government-owned companies.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Russia has been grappling with sanctions slapped by the US and its allies over Moscow's invasion of Crimea.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The list mostly contains PSUs which were up for sale in the last fiscal.
In fact, the 9 per cent growth story cannot happen without coal, which fires over 50 per cent of the country's installed power capacity, says Partha S Bhattacharyya.
Ministers might be fond of attributing the Sensex's rise to renewed interest from foreign investors, betting on an impending revival in the economy, but share prices are influenced more by supply and demand.
Delhi Waveriders stunned defending champions Ranchi Rays 7-4 in a hard-fought battle in the 4th Coal India Hockey India League.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'The government wants foreign companies to capture the insurance market.'
Existing investors should not make any drastic changes in their portfolio at the onset of elections, say experts.
Efforts to retrieve the body would continue on Wednesday.
The country's second largest employer in the corporate sector has over 300,000 men and women on its roles in 50 countries.
NTPC, Sun Pharma Coal India and Asian Paints were among top losers on BSE Sensex
TCS took the steepest hit among the top-10 firms as its m-cap plunged Rs 17,334 cr
Oil tanked to a 7-year low as OPEC decided to maintain production.
The current valuation is 38 per cent higher than the 10-year average of 22x and over 50 per cent higher than the 20-year average of around 20x.
The depth of water from the surface till the bottom of the pit is expected to be over 150 feet, Navy officials said.
They, however, called off their nationwide strike
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