Next set of Q4 FY16 earnings, progress of monsoon along with election poll outcome will dictate market trend this week
The central government's deposits with the RBI had fallen to just Rs 100 crore as of June 8.
We celebrate Dassera and regard it as an auspicious day as a day of victory of good over evil! So was 16 December! It is time we regard this day as auspicious as Dassera in future, observes Colonel Anil A Athale (retd).
Infosys is currently working on lot of tools and technology that will enhance an individual's productivity, he said.
US regulators on Thursday directed the nation's largest banks to add $74.6bn in additional equity following a three-month stress test designed to measure their ability to withstand an economic downturn.
Russia has been grappling with sanctions slapped by the US and its allies over Moscow's invasion of Crimea.
Though the NITI Aayog did not give its estimates for the required GDP growth at constant prices, economists pegged it at 9 per cent, a feat not seen since the GDP series was revised with 2011-12 as the base year.
Experts say Indian students will have to accept that international space for them is shrinking.
'Where are the funny writers on Indian television and OTT platforms?' 'Where are the sitcoms?' asks Vanita Kohli Khandekar.
'The Taj Mahal inspires awe, a timeless testament to the rich and diverse beauty of Indian Culture! Thank You, India,' the US President wrote in the visitors' book and jointly signed it with the First Lady.
Infosys Ltd, India's second-largest software services exporter, posted a 21 per cent rise in quarterly net profit, beating estimates, as stronger economic growth in Europe and the United States revived demand for outsourcing services.
The net proceeds of the fund raising will be used to repurchase certain equity shares issued to Tata Motors and for general corporate purpose.
Given the strong growth in Asia and easy monetary stance taken by central banks other than the US Federal Reserve (US Fed), overseas investors will soon start re-investing in risky assets, says Abhiram Eleswarapu, head of equity research, BNP Paribas Securities India.
Increasing migration to cities and urbanisation along with interest from buyers to invest in real estate market, will continue to be the prime demand drivers, according to assurance, tax and advisory firm Grant Thornton.
It won't be an easy ride for the markets, reckon experts, considering the multiple state elections in 2018 and general elections next year.
N Ganapathy Subramaniam, chief operating officer (COO), discusses the strategy to concert digital opportunities to larger deals, focus on reskilling own people instead of acquiring a company to get access to skillsets and demand from newer verticals in an interview with Romita Majumdar
Nearly 150 companies visited the campus this year.
The year 2020 could see the worst global economic fallout since the Great Depression in the 1930s, with over 170 countries likely to experience negative per capita income growth due to the raging coronavirus pandemic, IMF Managing Director Kristalina Georgieva said on Thursday. Georgieva made the remarks during her address on 'Confronting the Crisis: Priorities for the Global Economy' in Washington, DC, ahead of next week's annual spring meeting of the International Monetary Fund and the World Bank.
While JioMart is doing 250,000 orders per day, BigBasket and Amazon pantry are doing 220,000 and 150,000 orders, respectively.
The government planned to borrow 10-15 per cent of the total borrowing offshore. That works out to at least Rs 71,000 crore, or about $10.4 billion at Friday's exchange rate.
'With running water our two hands play, In and out the colourful soap dances away! It bubbles and froths between our fingers Under our nails it cleans and lingers Then all the soap we wash away!'
SBI said it provided credit to Orbital ATK Inc as part of a syndicated deal with other banks.
Greece's financial crisis has intensified.
Amidst difficult times with the slowdown in the global economies, the IT-ITES sector seek some respite in terms of extension of STP scheme and some relief on the FBT regulations.
The Friends of Modi initiative is expected to to boost the BJP's vote count by at least 1%.
The Finance Minister promised a 0.6 per cent reduction in the fiscal deficit every year to bring the deficit to 3 per cent by 2016-17 without raising tax rates.
The B-school also witnessed new roles in the domain.
Despite all the negative news, markets may not see a major correction or appreciation from the current levels.
The US Fed will decide if it should raise interest rates from near-zero levels first time in a decade.
With this subdued forecast, India is likely to record its worst growth performance since the 1991 liberalisation. However, it is among the only two major economies, which will register a positive growth rate in 2020. The other being China, for which the IMF has projected a growth rate of 1.2 per cent.
56 Indian companies have found a place in the exclusive club of 'The Forbes Global 2000' - 'the biggest, most powerful listed companies in the world'.
The global brokerage has also lowered the growth forecast to 6.8 per cent for the 2014-15 fiscal.
While RBI is likely to cut repo rate by 25 basis points on Wednesday, the government is also expected to push reform initiatives like increasing FDI limit in insurance sector in the Budget session, it added.
The company held about $12 million worth of FCCBs in SpiceJet. Bank of America-Merill Lynch brokered the block deal for the company, said sources.
According to a research report by Bank of America Merrill Lynch, there has been a sea change in interest in India post the reforms announced last week that included allowing foreign direct investment in multi-brand retail and the civil aviation sector.
'Our network somehow saves 3,000 lives every year, but there's so much more to do, as every death due to shortage of blood is easily avoidable.'
Flipkart has not been able to process with its plans of getting into the grocery vertical and is stuck on running pilots in select cities.
Green bonds refer to bonds issued mainly by power companies to finance energy efficient projects
'The Modi government is about privatising profits and nationalising losses.'
The meeting with foreign investors assumes significance as the government is undertaking host of reform initiatives to attract investment.
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