The broader markets outperformed the benchmark indices- BSE Midcap and Smallcap indices gained 0.4% each
As a result, the forecast of eight per cent retail inflation by January next year looks achievable.
The Confederation of Indian Industry will organise a round table on investment.
Higher provisioning drags net profit down by 7.8 per cent.
Insolvency professionals feel the bankruptcy code will deter defaulters, but NPAs will not cease unless banks are sensitised on credit appraisal and experts are hired by banks to inspect what is happening with their loans.
SBI leads a 17-member consortium of lenders that is trying to recover dues running into over Rs 7,500 crore (Rs 75 billion) in principal alone from Kingfisher Airlines.
Jaitley's Budget has the potential to change the face of Modi's Bharat
Vijay Mallya, who faces prosecution in India, is reportedly in London.
We tried our best to recover money from Vijay Mallya: Arundhati Bhattacharya
Lending rates in certain segments may be increased; fixed depositors may lock into existing rates.
RBI on Monday conducted an unprecedented level of liquidity infusion to the tune of Rs 3.3 lakh crore, in which banks bid for as much as Rs 4.5 lakh crore. The central bank said it would conduct a liquidity infusion auction of Rs 1 lakh crore on Tuesday as well, to help banks tide over the liquidity crisis.
Railway Budget has not discriminated against any state.
Banks might hold on to lending rates for the time being.
'I wish there was a little chaos there and I wish there was a little discipline here.' Actress Tannishtha Chatterjee on Bollywood and Hollywood.
'The category of crime and criminals called Maoist or Naxal or #UrbanNaxals is an illegitimate creation of right-wing propaganda media frenzy.' 'It is a fiction repugnant to the Constitution and the law of the land,' argue Vernon Gonsalves and Arun Ferreira.
State Bank of India chief Arundhati Bhattacharya, ICICI bank head Chanda Kochhar, Biocon founder Kiran Mazumdar-Shaw and HT Media chair Shobhana Bhartia are among the world's 100 most powerful women.
When it comes to key hands-on management positions, India Inc is still largely run by men.
An army of 'book fairies' are anonymously dropping off some delightful books in public places across the world.
Reserve Bank Governor Raghuram Rajan is widely expected to hold the key rates citing high inflation at the fourth bi-monthly monetary policy announcement on Tuesday, even though the pro-growth lobby has been wishing for a rate cut.
Since January 2015, the central bank has lowered its policy rate.
The government's step to curtail fiscal deficit is helping the central bank's monetary policy, Rajan said.
The government's critics say that the Prime Minister failed to rein in vicious and unprecedented personal attacks on the central bank chief by the likes of Rajya Sabha MP Subramanian Swamy.
Stung by the crisis arising out of the Syndicate Bank bribery case, lenders have gone into a fire-fighting mode to avoid fresh bad loans from their exposure to Bhushan Steel, one of the most indebted steel companies in the country.
'Omerta is a work of true moral force; it is, at the risk of sounding fancy, a motion picture for our times,' says Sreehari Nair.
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Bankers remained ambivalent on the impact of Tuesday's policy announcement by Reserve Bank on the cost of funds and refrained from giving a guidance on the direction in which lending rates are headed.
A bigger problem is that there is no clear definition of "call drops".
Very few things can faze Madhukar V Kulkarni, a cop of 30 years. Yet, an innocuous smartphone scares him. For those like him in Maharashtra's cities, tech classes have stepped in to teach them how to embrace Skype & WhatsApp. Ranjita Ganesan reports.
What will be the impact on the Euro itself? Will it devalue and to what extent?
Gandhi and Birla, in spite of their closeness, too differed.
The second fortnight of September saw Rs 3 lakh crore of time deposits, something unique, followed by liquidation of Rs 1.2 lakh crpre of these right after.
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
The annual talk-fest of rich and powerful from across the world in snow-laden Alpine resort town of Davos will be attended by nearly 40 heads of government among more than 2,500 global leaders from over 100 countries.
'It all runs on sugar-coated lies. If I like something, I will want to believe it.'
This is the first time in the RBI's history that a governor is leaving without willing to renew his contract
The Reserve Bank left interest rate unchanged.
India Inc has few leaders who are likely to grab headlines in 2015.
The move comes ahead of the tighter provisioning norms kicking in from next April
NPAs, cost, fee income, productivity, HR reorientation are focus areas; schedules drawn for addressing all from weeks to a year.
Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled.
