U.S. economic growth braked more sharply than expected in the first quarter.
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The 30-share Sensex ended down 208 points at 27,057 and the 50-share Nifty closed 59 points lower at 8,094.
Dispute resolution provisions in the production sharing contract remained unimplemented, while the regulator faltered, points out Jyoti Mukul.
With no signs of economic revival under the current political circumstances, SIAM said it expected a turnaround in the fortune of the auto industry only after a new government is formed after the general elections next year.
Since April 1, promoters of Jaiprakash Associates have released more than 225 million Jaiprakash Power Ventures shares (valued at Rs 425 crore) pledged with lenders.
Sensex falls at close; metals, banks perform well.
Benchmark share indices gained for the fifth straight session on Thursday led by index heavyweight Reliance Industries.
Slow pace of reforms in India is disappointing: Faber
Governments encouraged motorists to switch to diesel in the belief that its superior fuel economy would outweigh the higher pollutants per litre burned.
A fleet of eight JF-17 Thunder fighter jets -- jointly made by the two countries -- will escort the Chinese president once his plane enters the Pakistani airspace.
In our series on Super30 achievers, we find out how Aquibur Rahman has fared since he cleared his IIT-Joint Entrance Exam.
Mathew Martoma, a former SAC Capital portfolio manager, faces 20 years in prison for securities fraud and five years for conspiracy
A lower base could be part of the explanation but not all.
Natarajan said she had an unpopular job but she never did anything wrong
'Why doesn't the prime minister wake up to these social issues?' 'This government is basically saying rape is all right.'
'Let us not say that Modi has not delivered on anything; he has delivered something and in parts substantially, but he has to also deliver on a large number of his electoral promises.'
A Texas company will submit a report by June on whether a company controlled by RIL 'stole' natural gas from the wells where ONGC is contracted to operate in the KG basin, as alleged by ONGC.
It is regrettable that the IB has tried to devalue the expertise available both within the concerned ministry and in the scientific community by its allegations. Governments and NGOs in many western nations have not been accused of being 'anti-national' when they put their foot down on questionable practices by cash rich agri-business companies, says Rashme Sehgal.
US stocks rose more than 1% on Tuesday, with the S&P 500 coming less than 2% below its record peak set last month.
Regulating the internet only as a medium is somewhat similar to regulating electricity only as a driver of the TV industry
A key government official involved in initiatives to make doing business in the country easier said improving the ranking to 50th in a year was not possible but the country could certainly do that over two years.
Expenditure cuts necessitated by slowing revenue growth, weak industrial activity worrisome portents
Instead of a consumption stimulus the government must address the NPA issue with a war footing and invest in infrastructure, affordable housing and exports, says Sanjeev Nayyar.
All successful persons exhibit strong personal power, whether in the material world or in the spiritual one, leading to amazing results and shining in all fields of life.
Like China, India needs to encourage 'hacker clubs' in view of the challenges of virtual terrorism, says Lieutenant General Prakash Katoch (retd)
The Enforcement Directorate has managed to sniff out over Rs 9,000 crore as suspected haul from money laundering in a decade, but it has yet to link those against anyone successfully in a court.
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
Biggest contribution came from Bharti group-led Satya Electoral Trust.
Applying for a passport is no longer the nightmare it used to be, thanks to the government outsourcing parts of the process. But there still are things you need to know before you take the plunge.
Campus placements are already in full-swing and hiring plans of many companies, whose expansion plans were stuck due to policy paralysis, are now getting green signals.
Flaring of tempers comes atop much simmering trouble on clashing views; these stands might now get frozen.
China has cast a long shadow on India's economy.
The second part of BJP president Amit Shah's interview to Sheela Bhatt/Rediff.com, to mark the completion of one year of the Narendra Modi government.
Here comes the moment of truth. Modi prides himself on offering an "incorruptible" government. Will he dilute the Prevention of Corruption (Amendment) Bill to coax the administration's fealty and compromise his self-image?
John Elliott, the author of Implosion: India's Tryst with Reality, on his Riding the Elephant blog, says the sacking of Cyrus Mistry as chairman of Tata and Sons was in line with Ratan Tata's personal style of dealing with executives
IT and pharma companies again save the day; mask pain in domestic consumption.
Finance minister tries to put house in order before reforms are unveiled in February.
'You cannot judge a government within a month. Give us five years' time.' 'At times, strict economic decisions have to be made for the good of the poor in the long run.' Dharmendra Pradhan, one of the Modi government's stars, speaks exclusively to Sheela Bhatt/Rediff.com about why the government is forced to roll out 'bitter medicine.'
The uproar over 'dams' following the Uttarakhand disaster is ill-informed & potentially counter-productive, says Anand Sankar