Rediff.com recaptures these and other exciting sporting moments from the week gone by....
Levy in India one of the highest in the world; finance minister urges banks to tell customers not to invest in the metal.
Countries with abundant resources are faring worse in terms of development than those with less.
Both crude benchmarks are now down around 20 per cent since their last peak in June
India has been ranked at 142 among 189 countries in the latest World Bank's "Ease of Doing Business" report, a drop by two places from the last year's ranking.
India has undertaken a number of structural reforms.
The 50-issue NSE Nifty too cracked the 10,200-mark and hit a low of 10,108.55 before finishing 104.75 points, or 1.02 per cent down at 10,121.80.
Brokerage CLSA has raised its "already substantial overweight in India", its chief strategist Christopher Wood wrote on Aug. 7.
Japan's Nikkei fell 0.5% and South Korea's Kospi lost 1.3%.
The combined 10 Asian currencies have appreciated by 6.6%.
Sensex in green, JSW climbs higher.
The benchmark Nifty rallied 1,000 points or 17% from 7,000 in 78 trading sessions since May 12, till date to surpass the 8,000 mark.
BSE Auto was the top sectoral loser with a 4.6% fall followed by realty sector down 3.7% and consumer durables 3.6% post disappointing IIP numbers
In the broader market, the S&P BSE Midcap added over 1% to finish at record closing high
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.
Analysts say the sell-off in risky assets will be temporary and could be a buying opportunity for long-term investors.
China moved to 100th place, down from 80th last year, while Pakistan and Nepal were at 126th position. Bangladesh was 145th and Bhutan 30th in the ranking.
The breadth, indicating the overall health of the market, was slightly positive
The key hurdle Adani needs to clear to secure loans for the Carmichael mine, rail and port project is dredging approval to expand its Abbot Point port.
Markets recovered in late trades, amid firm European cues, led by rebound in financials and gains in IT shares.
The favourites to win next year's World Cup in Russia were given navigable paths to the last 16 with the coaches of Germany, Brazil, Argentina and Spain having reason to feel reasonably optimistic after Friday's draw.
Sunderland are banking on the guile of Dick Advocaat to save them from relegation after the English Premier League strugglers appointed the Dutchman as head coach until the end of the season.
Ninong Ering, the MP from Arunachal East, wants to meet his tribesfolk across the border in China. But he is not going to make that trip on a stapled visa, unlike the 'backdoor entry to China' made by some BJP MPs in the past.
According to the Credit Suisse Global Wealth report, India has 1,800 ultra high net worth individuals -- 11th largest group globally, while the United States tops the chart with 62,800 UHNW adults (equivalent to 49 per cent of the global total).
A year after Bharti Airtel launched 4G services, there are only 6.5 mn users in the country
An Australian environmental group has launched a legal challenge against Adani Enterprises' $7 billion Carmichael coal mine project in the Galilee Basin.
Rapid rise in disposal of corruption cases against govt employees has helped
Prime Minister Modi felt there were too many silos with no arrangement to take a comprehensive view on national security. The PM has entrusted NSA Ajit Doval to evolve a comprehensive roadmap and get it implemented, reveals Nitin Gokhale, Editor-in-Chief, Strategic News International.
India will look to play a key role in the APEC, EU and Africa regions to increase its competitiveness.
Since its peak, the S&P BSE Sensex has dropped nearly 3,000 points.
Sensex ended strong, Tata Steel, HUL climb higher.
A mix of industrialists and businessmen, who have inherited riches or rose from humble backgrounds and even endured boom and bust cycles, the top five MPs are illustrative of how the political stock of the wealthy is increasing rapidly.
'Unless we start making the products we need, we cannot become a developed country or call ourselves an economic power.'
Any correction in Indian equities is an opportunity for investors to put in money for the long term
The focus is on corporate results at one level but global news will also have an impact
New inventions allow Tencent Holdings' WeChat users to book taxis, top up phone credit, while Clone Algo's YAY App users are able to talk and chat free besides being able to apply for online for micro loans and use Clone Algo trading algorithms.
The prospects for strong, sustained economic reforms do not appear to be promising in India.
Over the next four years corporate tax will come down by 5 per cent and lot of exemptions will get phased out.
The over Rs 15,000-crore Hyderabad project comprises 72 kilometre of elevated metro rail line and six million sft of transit-oriented development.
Despite the headwinds both on the domestic and global fronts, Ramesh S Damani, member, BSE and a prominent investor, says India will weather a global trade war better than a lot of other Asian countries.
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