Bank shares were the top gainer in early trades with Bank of Baroda up over 4%.
'Today, bankers don't want to take risks as the good decisions taken by them were not protected.' 'There is risk involved in all decisions, like businessmen taking risks in their businesses.' 'A banker must have taken a decision when the economic condition was different, and you cannot question him on the basis of the present situation in hindsight.' 'Naturally, this has affected the morale of bankers.'
The infrastructure space was one of the worst victims and things were at standstill.
For debt-laden companies, asset sales is an obvious solution.
The govt has a lot more to do then just open bank accounts for the poor in the Jan Dhan scheme.
'For investors who are willing to remain invested for two - three years, there exist quite a few good opportunities.'
Can the country afford to have problems of such magnitude in the cities of Gurgaon, Bengaluru, Pune and Hyderabad, which not only are the major growth drivers but are also the biggest revenue contributors in their respective states?
Markets surged on hopes that the exit polls would show that the BJP winning majority in the general elections.
RNOR status is a sub-set of the Resident Status.
The 30-share Sensex ended down 35 points at 26,349 and the 50-share Nifty ended down 20 points at 7,864.
Even given politicians' penchant for self-promotion, Tamil Nadu Chief Minister Jayalalithaa takes it to another level altogether, says A Ganesh Nadar. Nothing wrong with it, provided it's not done at the tax-payer's expense.
Money is being released and the government knows it will have to front-run private investment.
Tax incentives to have cascading effect on the capital goods industry.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
The public-private partnership model is a compulsion, says the minister.