For August, CRISIL core inflation indicator stood at 3.6 per cent, a tad higher than RBI's measure.
Investors remain cautious ahead of F&O expiry.
The incoming government will have to encourage private investments, bring down cost of capital
The government will release the Index of Industrial Production for July 2015 on Friday, September 11, 2015.
'What is critical today in India is confidence of depositors.' 'If you have these kinds of problems spreading like this, the confidence level of a lot of people in the system gets shaken.'
The rush for prohibition and the Supreme Court's decision to ban liquor sales within 500 metres from highways have hurt companies.
.jpg)
Q1 results indicate more pain ahead, as slowdown has spread to more sectors, pricing power has come down and rising interest cost is eating into profits.
Tata Motors was the top gainer on better-than-expected June quarter revenues
In a proposal to FinMin, the Banks Board Bureau suggests asset sales to PSUs within a deadline to recover bad loans.
Soon, one will be able to pay utility bills at the local supermarket, while buying groceries, with the RBI allowing the setting up of payment banks.
The S&P BSE Sensex ended 190 points up at 23,382.
IIM-A saw 36 per cent jump in maximum domestic salary in 2018 placements this year.
Those looking to take advantage of current market conditions should buy only after conducting due-diligence.
Our focus around technology, cost efficiency, persistency and effective distribution channel will continue, says the ICICI Bank MD and CEO.
The highest domestic package, however, fell 10 per cent
HFCs and banks expect a drop in demand for housing loans in the short-term.
The S&P BSE Sensex ended up 28 points at 25,844 and the Nifty50 ended flat at 7,915.
HDFC twins, Axis Bank, ICICI Bank and SBI from the financial space gained between 1-2.7%.
Power generation and distribution is the most indebted sector
Tendering the shares in an open offer will lead to higher taxation.
Unless supported by investment, any spark of a recovery could be temporary, hint economists.
The report, 'Road Ahead Clears Up for Oil PSUs', says the decline in underrecoveries, or losses oil-marketing companies incur on selling petroleum products below market price, will have a significant positive impact on both upstream and downstream public-sector oil companies.
They are suitable for a 3-5 year horizon. Choose equity funds for longer than 5 years
For India's leading MFI-turned bank, the challenge is to stay competitive while pricing its loans
Profit taking in index heavweights RIL and HDFC weighed on sentiment while ICICI Bank surged 7%.
Railway Budget has not discriminated against any state.
There is too much focus on building, infrastructure, the number of teachers (as opposed to quality), number of laboratories and so on, says Vineet Gupta.
While FMPs no longer offer the same short-term advantage, it is still a good product for the medium term.
In a bid to boost the dormant primary market, regulator Sebi said it is ready to review the mandatory grading of initial public offers.
The 30-share Sensex ended down 224 points at 28,442 and the 50-share Nifty ended down 101 points at 8,606.
Govt reconstitutes body, says will not interfere in senior PSB appointments
The cloud kitchen market in India will hit $1.05 billion by 2023. Just 13% of the total market has been utilised so far.
While the UK will possibly go into recession, the bigger fear is copycat referendums from other EU nations.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
The Consumer Price Index hit the lowest in six months in March at 4.83 per cent.
Though it is likely gross domestic capital formation increased in the quarter ended June, against declines in the previous two quarters, a significant revival in investment might take a few quarters more, economists say.
SBI had a tough journey in the last 40 years.
The BSE Sensex was down 326 points at 23,277 and the Nifty was down 107 points at 7,056.
Across India, decades of mismanagement and political meddling have left utilities selling electricity below cost and turning a blind eye to rampant theft.
The proposal to levy a 'super-rich' tax, at the rate of 35 per cent, on those earning more than Rs 10 crore a year might not receive support of the Union Cabinet.
