Bharatiya Janata Party's prime ministerial candidate Narendra Modi's belated attempt to project himself as a statesman and a man of reason in his interviews to ANI and TV9 is being viewed with dollops of scepticism by his critics and political opponents. Anita Katyal reports.
Metal shares were the top gainers with Hindalco up over 5%.
Higher interest rates in the US do not necessarily coincide with capital outflows.
Thailand, Indonesia want unconditional access to India's multi-brand retail space.
The Reserve Bank of India is likely to cut policy rates by 0.25 per cent and keep the cash reserve ratio unchanged at its policy review next week, on the back of slower-than-expected growth and more encouraging inflation readings, says a report by HSBC.
Rupee, bonds may see knee-jerk reaction, as Urjit Patel is considered an inflation warrior
The government now ends its mandate with reaffirmation in the vote-on-account of the same goals, for which it claims to have a clear line of sight.
Over the past week, the Sensex and the Nifty continued the bull-run
The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.
Clearly, rich Indians have little confidence in India. Perhaps we are also chronically dishonest.
'To expect that he has a magic wand to resolve all differences and announce breakthroughs in all issues during his first visit to the US is to be unrealistic,' says Ambassador T P Sreenivasan.
.jpg)
The catalyst is the run on emerging market equities, but many investors are just tired of waiting for India to get its act together.
Arun Jaitley is on a 10-day trip to the US.
There is a narrow chance that the central bank may cut rates in the future, according to a poll of 15 economists and treasurers.
Delivering the key mote address at the Citi's Investor Summit, Jaitley hoped that as a professional organisation the Reserve Bank will take 'the best decision'.
Keeping the government on tenterhooks on key reform measures like the Insurance Bill and Goods and Services Tax, the Congress party on Monday said there is "no blank cheque" on its support on these in Parliament as the "devil lies in the details".
He said following the Law Commission's recommendation, the Supreme Court in 2002 had also supported increasing the strength of the judiciary. A Parliamentary Department Related Standing Committee on Law then headed by Pranab Mukherjee had also recommended taking the judge to people ratio to 50 from 10.
If you looked back at 2018 and had to give it a name, the Year of Limitations might be the most accurate.
Exports are slowing and economic growth in major markets for Indian goods has taken a hit.
'China physically occupies about 45,000 sq km of J&K as claimed by India, including 3,000 sq km captured in the 1962 War and never returned; and 5,180 sq km ceded to China by Pakistan in 1963.' 'It is hard to justify remaining silent about the return of China occupied Ladakh,' observes Ajay Shukla.
A good monsoon could rein in food inflation. Largely good corporate results mean better days are ahead. Nifty may reach record levels, points out Devangshu Datta.
Finance Minister Arun Jaitley on Wednesday said the country is on an "upward curve" and a good monsoon, GST passage and increased infra and rural spending will further accelerate the growth.
Raamdeo Agrawal says, an investor should figure out if the company actually makes money or not, making an investment comes later.
The legislation, the National Defense Authorisation Act-2019, gets rid of the certification requirements for Pakistan's action against the Haqqani Network and it also gets rid of the authority to reimburse Pakistan for counter-terrorism.
Even before Prime Minister Narendra Modi swept to power in 2014, Subramanian Swamy was agitating for Rajan's removal.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
There is a dearth of talent in the Indian banking industry. A testimony to this is the two new CEOs in the private sector -- Sandeep Bakhshi in ICICI Bank Ltd and Amitabh Chaudhry in AXIS Bank Ltd -- have come from the insurance sector, says Tamal Bandyopadhyay.
Members of Parliament (MPs) across the political spectrum have written to the Prime Minister's Office (PMO) and the Central Vigilance Commission (CVC), seeking a probe into a stake sale deal between Jet Airways (India) Ltd and Gulf-based carrier Etihad Airways.
Prasad alleged there was pressure for extraneous considerations and 'bribe' for not finalising the Rafale deal during the UPA rule.
Reserve Bank of India Governor Shaktikanta Das tells Anup Roy, Raghu Mohan and Niraj Bhatt that it is time for banks to lower interest rates and start lending to cash-starved finance companies after due credit appraisal and proper risk assessment.
The National Democratic Alliance won 64 seats.
The success of the auction may not be more than a little step in Pearls Agrotech Corp's recovery process of over a Rs 49,100 crore plus interest
The opposition, while not directly stalling Parliament, will insist all legislation goes to standing committees, delaying implementation.
Indian Railways (IR) will transfer existing assets at nominal values, invite bids and grant concessions for 10-15 years.
Private lenders were among the top losers along with RIL.
This is the first deal for artillery guns since the Bofors scandal in 1980s.
A senior official with Muthoot Finance said the group would also want to apply for a universal licence.
No more than 62% of farmland acquired for Special Economic Zones has been used for its intended purpose of boosting manufacturing, exports and jobs
Modi on Saturday embarked on a five-nation visit to Afghanistan, Qatar, Switzerland, the US and Mexico focus of which will be to enhance India's engagement in areas of trade, energy and security, besides pushing for its membership of the Nuclear Suppliers Group.
The principal challenge for Rajan's successor is to work with the Bank Board Bureau and the finance ministry to complete these processes of banking reform.
