The 30-share Sensex ended down 208 points at 28,261 and the 50-share Nifty closed 64 points lower at 8,571.
China will also set up 50 joint laboratories with countries participating in the Belt and Road initiative to enhance cooperation on innovation.
"Some steps are required for full normalcy, we have not reached there," Bagchi said.
Prime Minister Narendra Modi has "strongly" and "clearly" conveyed concerns to Chinese President Xi Jinping over Beijing blocking a proposal for action by the United Nations against Pakistan on the release of jailed Mumbai attack mastermind Zaki-ur-Rehman Lakhvi, with India rejecting the "weak evidence" theory propounded by Beijing in this regard.
While far from being a currency war, India does not have much of an option but to depreciate to accommodate its exports at a time when China shows its intent to let its currency depreciate.
The surge in volatility across the globe sparked by Russian invasion of Ukraine has led to an increase in prices of gold and silver - considered to be safe-haven investment bets. In the past month, silver funds have delivered returns of 7.34 per cent, while gold funds on an average have risen around 6 per cent. In comparison, the benchmark Nifty has declined 4 per cent. Fund managers say precious commodities act as a good hedge against inflation and phases of geopolitical uncertainty.
A weak economy coupled with rising Covid-19 cases and inflation that is above RBI's comfort zone, geopolitical developments, and upcoming India Inc's second quarter results for FY21 could impact sentiment, analysts say.
A day after the nearly 13-hour meeting, the two sides in a joint statement on Saturday reaffirmed that such a resolution would help restore peace and tranquillity along the Line of Actual Control (LAC) in eastern Ladakh and facilitate progress in bilateral relations.
In a meeting on the sidelines of the summit of the Shanghai Cooperation Organisation (SCO) in Dushanbe on Thursday, the two foreign ministers exchanged views on the current situation in the region and agreed that military and diplomatic officials of both sides should meet again and discuss resolving the remaining issues at the earliest.
Indian and Chinese militaries on Monday moved back their frontline troops to the rear locations from the face-off site of Patrolling Point 15 in the Gogra-Hotsprings area in eastern Ladakh and dismantled temporary infrastructure there as part of a five-day disengagement process.
Her statement comes ahead of Pakistan Prime Minister Shahid Khaqan Abbasi's address at the United Natiosn General Assembly.
'It is unrealistic to expect that security dilemmas and strategic distrust to disappear or even diminish any time soon,' says Rup Narayan Das.
Many CEOs said they plan to give special leave to women employees so as to encourage their participation in the workforce.
Xi Jinping has accumulated great power, but he faces trials that are just as great, says Claude Smadja.
There was no comment from the Indian side on the statement made by the Chinese defence ministry spokesperson Colonel Wu Qian, and carried by China's official media.
In the case of India, there are no specific references in China's white paper. However, there are several takeaways for India, says Srikanth Kondapalli.
'No matter how severe sanctions the UN security council imposes on North Korea, the impact of the sanctions would depend on how faithfully they are enforced by China,' says Dr Rajaram Panda.
The talks between India and China on the border row in eastern Ladakh have helped 'build trust' and the situation in the region has been normal since the disengagement in the Pangong Tso areas in February, Chief of Army Staff General M M Naravane said on Thursday, exuding confidence of resolution of the 'remaining issues'.
Russia and China are tight-fisted and Iran is broke and none of them has the political will or capacity to bankroll the Afghan economy, which only the US can, points out Ambassador M K Bhadrakumar.
India has the ability in all respects to be a great power and address our security challenges in the best national interests, says Commodore Venugopal Menon (retd).
Modi is also scheduled to hold a bilateral meeting with Xi on Tuesday.
Xi arrived at the Nyingchi Mainling Airport on Wednesday and was warmly welcomed by local people and officials of various ethnic groups, Xinhua news agency reported.
Axis Bank was the top loser in the Sensex pack, dropping around 5 per cent, followed by Tech Mahindra, SBI, L&T, IndusInd Bank, Infosys and NTPC. On the other hand, HDFC Bank, HUL, Kotak Bank and Bharti Airtel were among the gainers.
The Asian Development Bank said on Friday that India, Pakistan and China had borrowed the lion's share of the $5.68 billion it lent to 21 nations last year.
'However, a lot of preparatory work would have to go in and China must be prepared to announce an end to the standoff by disengaging from the remaining areas along the LAC.'
In the prevailing difficult circumstances, the Congress is the only party that can provide capable and decisive leadership to the country, Kharge asserted.
George Acland from Great Britain ran a coffee plantation in Sri Lanka and set up India's first jute mill in 1855. He raised capital and imported the machinery for the mill on the banks of the Hooghly in West Bengal. His company wasn't a great success, but his pioneering work paved the way for India to dominate the jute industry.
'If you look at the order books of capital equipment companies or money deployed on the ground, there is forward movement in terms of actual investment by the private sector.'
If the CBDCs don't offer interest, why will people shift from cash to CBDCs?, asks Tamal Bandyopadhyay.
The FTSEurofirst was on course for its worst one-day per centage fall since it slumped more than 7 per cent in October 2008
Under KV Kamath's leadership, ICICI Bank's revenues grew multi-fold.
Top commanders of the Army on Thursday carried out a comprehensive review of India's overall security challenges including in eastern Ladakh as well as other sensitive areas along the Line of Actual Control with China on the first day of a two-day conference, people familiar with the development said.
'This reluctance to respond forcefully to Chinese PLA provocations and outright aggression has as much to do with Prime Minister Modi personally, as with the institutional mindset of the MEA or even the Indian Army.' 'They are scarred by the 1962 War and are still cowed by China.'
Chief of Army Staff Gen MM Naravane on Friday visited several forward areas in eastern Ladakh and carried out a comprehensive review of India's operational preparedness in the backdrop of its prolonged military standoff with China in the mountainous region.
The Finance Ministry expects GDP growth to be 8-8.5 per cent in 2015-16.
The Financial Action Task Force (FATF) on Friday retained Pakistan on its 'grey list' for failing to check money laundering, leading to terror financing, and asked Islamabad to investigate and prosecute senior leaders and commanders of United Nations-designated terror groups, including Hafiz Saeed and Masood Azhar.
Beijing did not announce expected policy support over the weekend
'We are most bullish on all aspects of the financial sector -- private sector banks, even one state-owned bank, insurance, mortgage finance, broking, wealth management, gold finance, etc.'
'Allocate some parts of one's surplus income towards cryptocurrencies, considering the immense growth potential of this emerging asset class.'
Indian Army officers are convinced China is maintaining the pretence of dialogue and negotiations in order to create the opportunity to occupy more Indian territory. Senior Indian planners apprehend this might be a Chinese ploy to divert attention from Depsang, in Northern Ladakh, which might be China's actual target.
