The 30-share Sensex ended down 224 points at 28,442 and the 50-share Nifty ended down 101 points at 8,606.
In a proposal to FinMin, the Banks Board Bureau suggests asset sales to PSUs within a deadline to recover bad loans.
HFCs and banks expect a drop in demand for housing loans in the short-term.
HDFC twins, Axis Bank, ICICI Bank and SBI from the financial space gained between 1-2.7%.
Sun Pharma stock has appreciated at 35% a year for 20 years
Across India, decades of mismanagement and political meddling have left utilities selling electricity below cost and turning a blind eye to rampant theft.
Jaitley said govt would achieve 4.1% fiscal deficit target in FY15.
The IMD attributed the projection to a weakening of El Nio and the Indian Ocean Dipole turning positive.
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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.
Nano remains a cautionary tale of misplaced ambitions and a drag on profit.
They are suitable for a 3-5 year horizon. Choose equity funds for longer than 5 years
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 readers's queries on stocks they own or want to buy.
IDS-2 and raids to uncover black money stash keep receipts flowing
Railway Budget has not discriminated against any state.
RBI on Monday conducted an unprecedented level of liquidity infusion to the tune of Rs 3.3 lakh crore, in which banks bid for as much as Rs 4.5 lakh crore. The central bank said it would conduct a liquidity infusion auction of Rs 1 lakh crore on Tuesday as well, to help banks tide over the liquidity crisis.
Exports had risen over 11 per cent in July, year-on-year.
Anglo-Dutch parent's stake in Indian subsidiary rises from 52.5% to 67.3%.
In any case, Ghosh could take lessons from the best professionally managed companies all over the world that always groom the CEO successors well in advance.
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.
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.
Unless supported by investment, any spark of a recovery could be temporary, hint economists.
Investors remain cautious ahead of F&O expiry.
For India's leading MFI-turned bank, the challenge is to stay competitive while pricing its loans
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The trade deficit makes up an important part of the current account deficit, which had touched an all-time high of 4.8 per cent in 2012-13.
Union Budget had projected the fiscal deficit at Rs 5.56 lakh crore.
'EPFO's investments this financial year should be Rs 1 lakh crore'
Real estate veteran Saket Mohta gives the the most comprehensive 11-point checklist
Some 230 kilometres from Kolkata, in West Bengal's Birbhum district, 500 children stand out because of their 'unconventional' education, says Anjuli Bhargava.
Many see Nirma's Lafarge deal as some kind of second coming for the Patels.
For PPP projects, clause on consent requirement could be abolished or brought down to 50% of land owners, against the current 70%
From 17 pre-school centres to 285 in less than five years - Hippocampus has brought the joy of learning to kids.
In 2012-13, the Centre managed to cut fiscal deficit to 4.9% of GDP, lower than the Budget revised estimates of 5.2%
Experts say the Bill should include higher-value food items than just cereals
Some experts, however, see a silver lining in the fall and said the volatility has come down sharply and that bodes well for the Indian currency
In the December quarter, Sensex earnings had contracted 5 per cent.
Shares of ING Vysya Bank and Kotak Mahindra Bank rallied by up to 6% on the BSE on reports that Kotak Mahindra Bank in final stages to buy the bank.
The RBI should provide readily accessible summary information on its website about all corporate debt defaulters and the amounts involved.
