The GDP slumped to a three-year low lagging China for the second straight quarter -- as manufacturing slowed ahead of the GST launch amid demonetisation effect.
Recent rates cuts by most banks may not have a significant impact on margins, say analysts.
Tech Mahindra and United Spirits will replace them in the 50-share index of the National Stock Exchange with effect from March 28.
Nifty 50 firms' net profit estimated to grow by a modest 3.1% in Q2, reports Krishna Kant.
Goa, Uttarakhand and Meghalaya will initiate schemes to enable 24x7 power to consumers.
'Today, according to the law, you can't even claim legal expenses when fighting a case as a non-executive director unless you are acquitted. Given how high legal expenses are, that alone is enough to scare anyone away.'
Home Minister Rajnath Singh said that the decision could cost the government roughly Rs 15,000 crore.
How do you pick a mutual fund scheme that suits your needs?
Sebi will soon put in place new norms for changes in constituents of the key stock market indices.
'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.'
RJio will further add bottomline pressures on the already struggling telcos that will ultimately be forced to consolidate
For banks, the package will limit the burden of provisioning for stressed loans. Besides, the proposed restructuring package for MSMEs with a credit of up to Rs 25 crore is expected to provide a breather to units from this sector.
Fintech players are customising solutions for rural markets and helping SMEs learn how to use the services
Analysts on Wednesday welcomed the Reserve Bank's decision to grant bank licences to Bandhan and IDFC, but expressed dismay that only two of the over two dozen aspirants made the cut.
The rupee's plunging to record level and a sharp fall in the equity market are knee-jerk investor reactions to the US Federal Reserve's saying the it will slow down bond-buying programme in view of improving American economy.
.jpg)
Wonderla is promoted by Kochouseph Chittilappilly, promoter of V-Guard Industries.
How did marquee Dalal Street investors fare in the Jan-Mar quarter that saw the BSE Sensex tank 10 per cent?
Experts said the higher pay out will boost consumption demand.
A reversal of policy at this juncture could jeopardise the recent gains on inflation
The 'bad bank' -- which will help banks clear their balance sheets by transferring the NPAs to special purpose vehicles -- has been one of the most debated ideas for stressed asset resolution.
With EU, it is part of the FTA that we will need to negotiate.
43 months after Modi's election promise that his government would create 10 million jobs, the reality does not paint a pretty picture, warns Shyamal Majumdar.
Our focus around technology, cost efficiency, persistency and effective distribution channel will continue, says the ICICI Bank MD and CEO.
Quite a few large- and mid-cap stocks are yet to recover from the note ban, pharma, banking and rural demand-based industries among laggards.
Govt reconstitutes body, says will not interfere in senior PSB appointments
Indian companies struggle to escape debt burden as profit slows.
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.
Urban and rural FMCG sales growth data for the last five quarters show the latter outperformed the former consistently.
EPFO manages a huge corpus of over Rs 6 lakh crore (Rs 6 trillion).
.jpg)
Bank has cited trend of global easing and weak growth
PM's announcement were focused on those most affected by the note ban.
Investors are keenly awaiting the announcement of the macroeconomic data-IIP and CPI due on Tuesday.
Officials in the weather department said the monsoon is expected to be below normal because of the El-Nino effect.
The BSE Sensex was down 326 points at 23,277 and the Nifty was down 107 points at 7,056.
Tendering the shares in an open offer will lead to higher taxation.
Tata Motors was the top gainer on better-than-expected June quarter revenues
For banks to cut loan rates, the cost of deposits needs to come down, and there is no sign of that happening.
Those looking to take advantage of current market conditions should buy only after conducting due-diligence.
After a volatile session, Sensex closed the day 563 points lower
Terming the RBI action on Wednesday as a "pleasant surprise", analysts today cautioned that possibility of a rate hike in the future cannot be ruled out. Urijit Patel committee's report on monetary policy would clear the air on RBI's future stand, they added.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances