Sharp fall in capital goods production and manufacturing activity also dented sentiments.
Finance Minister Arun Jaitley hints at a world class tax regime.
How did Greece, the country of Archimedes and Socrates and Plato and Pythagoras, come to such dire straits, asks Ajit Balakrishnan.
If customers did not see value in what we provide them at the price point at which we provide these, they would not have been there with us in such a competitive market, says HDFC deputy managing director Paresh Sukthankar.
Government needs tight control over both expenditure and populism.
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.
Hoard cash. There will be plenty of time and opportunity at far lower levels, warns Sonali Ranade in her weekly Market Notes
According to Merrill Lynch (BofA-ML) report, Domestic capital markets are likely to remain volatile in the September-November period due to factors like US Fed's policy action, second quarter corporate earnings and Bihar state elections.
Indradhanush-II is likely to chart out the process for resolution of non-performing assets.
The Supreme Court imposed a green tax on trucks destined for other states but wanting to take a shorter route through Delhi.
In a recent lecture, RBI governor Raghuram Rajan dished out some frank advice -- don't get into 'jugaad', instead try for the long haul. Only that will sustain in the long-run.
Their reopening followed Prime Minister Alexis Tsipras' reluctant acceptance of a tough package of bailout demands from European partners
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Prior RBI permission a hurdle, given its views; business interest needs to be clearer.
The Swiss National Bank, the country's central banking authority, has estimated the funds currently held by Indians in Swiss banks at a mere $1.98 billion. Fear of disclosure due to greater scrutiny of this illicit wealth has played the main role in the flight of capital.
SBI's gross NPA figures have shown a decline for three consecutive quarters.
Arun Shourie, a minister in the Atal Bihari Vajpayee Cabinet, has hit out at the Narendra Modi government, saying its economic policy was "directionless" while the social climate was causing "great anxiety" among the minorities.
Today, it is modish to be part of a yoga class, to post stories on Instagram while striking an impressively complex asana in a bralette and crop-top paired with neon yoga pants, to bond over green tea and yoga bars after a strenuous session at the studio and have subscriptions to yoga studios, not ashrams, says Manavi Kapur.
Bharti Airtel, HDFC, ONGC, ITC and CIL emerged as the top gainers.
New offerings by banks are changing the way you transact.
'Rajan brought in a healthy air of competition in the banking sector.'
Jaitley's team presents a quintessential mix of foreign-educated, intellectual technocrats and seasoned bureaucrats
Chief Economic Advisor Arvind Subramanian spoke on a wide range of issues -- from GDP growth and fiscal consolidation to job creation and GST.
'It is the regional parties and their leaders who are the ones we have to watch.'
Issuance of new bank licences proves that the apex bank wants the financial sector to flourish.
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.
IMF report says billions more cash and debt relief needed
With their balance sheets under stress, private companies have lost interest in them.
'In two years there will be consolidation. Look at the Indian brands now. Only three of us are surviving, many others have died. What will differentiate us are two things -- timing of our launches in the market and the communication to the consumer," Narendra Bansal, CMD of Intex, tells Arnab Dutta.
'We have about Rs 4 lakh crore debt on a state budget of about Rs 1.5 lakh crore.' 'We are in a debt two-and-a-half times our annual budget,' says the banker who would have been Tamil Nadu's finance minister had the DMK won.
The Centre has accorded top priority for cost-effective, pollution-free transportation modes, such as waterways, which reduce logistic costs and increase road safety. Union minister of roads, highways, ports and shipping Nitin Gadkari speaks to Sanjay Jog about the government's strategy.
Welcome to the era of too many investors chasing a limited number of commercial real estate deals.
On February 22, 2013, the Reserve Bank of India issued guidelines on 'Licensing of New Banks in the Private Sector'.
Choose insurance from stable companies that have been in the business for a long time
Maharashtra's beef ban has led to heated arguments on social media, but when a protest against the ban was held in Mumbai, only a few thousands turned up. Perhaps it is easier to outrage online than join an actual protest, says Syed Firdaus Ashraf.
Endless cases, piles of files, meagre resources and unrelenting scrutiny... the CBI's life story is all that and more, says Ruchika Chitravanshi
The blockchain, the public ledger that tracks every bitcoin transaction, is changing commerce as we know it, says Devangshu Datta.
The index had risen over 585 points in the previous three sessions.
Eleven companies, which owe the bank Rs 843 crore, are untraceable.
A glance back at some of the important ups and down Indian Inc faced in 2018.
