Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each.
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RBI's forex swap window for oil marketing companies addresses an urgent issue but what happens when the dollars have to be returned?
The dollar has fallen not just against commodity-linked assets but against other asset prices.
Even as the September quarter performance was subdued, analysts expect the second half to be better on higher prices, output.
RBI governor Raghuram Rajan has slashed rated by 50 bps.
Building toilets, however essential, must not be confused with sanitation and the crying need for a revamp of India's sewage systems.
Most expect these bubbles to break in short order and cause serious financial pain to anyone who's foolhardy enough to remain invested in financial assets.
The stock markets need not be an enigma - use resources at your disposal
Be a fox by temperament and a hedgehog by conviction, Gaurav Dalmia tells Bhupesh Bhandari. Then, he explains why.
The economy hasn't gathered even half the traction that some of us assumed it would just a year back.
'The execution has been 100 per cent faulty.' 'The scheme is also a stupid one, a real Tuglaq Darbar scheme.' 'This way of attacking black money is the most ineffective one.'
Nifty has a virtual monopoly in the index derivatives segment.
By bringing in top notch hardware in the celebrated iPhone 5s chassis, Apple has been able to repackage new wine in an old bottle. Himanshu Juneja weighs the pros and cons of the latest from the Apple stable
Hence, the claims by the Government that this will end the menace of black money and corruption are simply outlandish. Also, the simultaneous introduction of Rs 2,000 note undermines their claim and it simply does not fit the storyline of an attack on black money and corruption.
Consumer durables and electronics companies are putting the final touches to their festive period plans.
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