When 17 million Indians seek their fortune abroad it only means people are losing faith in the government's ability to honour its promises, says Sunanda K Datta-Ray.
The broader Nifty also succumbed to the pressure before recovering to close lower by 6.35 points, or 0.07 per cent at 8,693.05
The meet will focus on the recent global economic developments, challenges and collective measures to address them
The BSE Mid-Cap index was currently up 0.81%.
Earlier, Arun Jaitley had said 60 prosecutions had been launched on the 'HSBC list'.
Tough conditions imposed by global lenders could cause an outcry.
'Once you resume economic activities, life will be normal.' 'The younger people will tolerate the virus very well. So, life will become normal very soon.'
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A normal monsoon, softer interest rates and inflation, pent-up demand, along with mild budgetary support may help growth pick up in coming quarters.
SIT on black money on Monday decided to widen its probe as new names of Indians with Swiss bank accounts have come up
He said discussions are still going on with various parties over forging an opposition alliance.
This was the biggest single-day fall for the benchmark index since August 10 when it had fallen by 310 points.
India's software and engineering exports may take a hit and the country may also face larger capital outflows.
It further said India is facilitating external commercial borrowings by startups in order to encourage innovation and promote ease of doing business.
Sensex gained 38.18 points or 0.15% at 25,918.95 and Nifty ended higher by 12.50 points or 0.16% at 7,739.55.
The broader markets ended mixed with mid-caps gaining 0.1 per cent and small-caps falling 0.1 per cent on the BSE.
Germany will retain their World Cup title in Moscow to equal Brazil's record of five wins in the tournament, according to a Reuters poll of financial specialists more used to predicting market moves.
'It is very clear that Air India cannot be managed by the government.' 'Air India should be run as a separate profit entity.'
iGate Corp, the Nasdaq-listed information technology (IT) services company, on Thursday posted better-than-expected numbers for the quarter ended September 30, backed by impressive performance by some of its key verticals such as banking, financial services & insurance (BFSI), manufacturing and health care.
ONGC was the top gainer which surged over 4% followed by Axis, SBI, CIL
Indian names that figure on the list, but lower down the pecking order include Tatat (101). Airtel (rank: 252), Infosys (287), Life Insurance Corporation of India (292), State Bank of India (334), HCL (390), Indian Oil (427), Reliance (445) and Larsen & Toubro (464).
If China's behaviour in the past on ticklish issues is any indication then China could eventually support India's NSG application, says Rup Narayan Das.
The Congress president questioned the government over unfulfilled promises and questioned the Rafale deal.
The Nifty had hit its third successive record high of 7,922.70 today.
Exports to Europe shrank by near 2 per cent in the 11 months.
'Will the BJP now replace a Muslim name for a street or a railway junction with Naipaul's name?' 'It is the least the party can do for its sole Nobel Prize-winning admirer,' says Amulya Ganguli.
BSE Midcap and BSE Smallcap indices hit their fresh lifetime highs for the second day in a row
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The broader markets traded positively with mid-caps and small-caps rising 0.5 per cent each on the BSE.
The 30-share Sensex ended down 69 points at 28,192 and the 50-share Nifty closed 20 points lower at 8,551.
The market breadth, indicating the overall health of the market was strong
Thinking big, China is changing the world order; with mixed priorities, we can but tag along, writes T J S George.
India has undertaken a number of structural reforms.
Deadline to submit convincing reform plans is this week.
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It may be the season for corporate matchmaking but India Inc's record of managing partnerships is far from impressive, says Shailesh Dobhal.
Under pressure from India and other countries, Switzerland has made key changes in its local laws governing assistance to foreign nations in their pursuit of black money allegedly stashed in Swiss banks.
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If the impact of the Greece crisis spreads across Europe and parts of the world which are more interconnected than ever before, India cannot hope to be insulated, says Paranjoy Guha Thakurta.
Will Greece manage to pay euro 1.5 billion to IMF?
'India cannot expect to be insulated from the crisis. Europe is India's biggest trading partner with two-way trade of E72.5 billion or Rs 530,000 crore last year,' says Paranjoy Guha Thakurta.
