The 42-year-old Acharya's appointment for a three-year tenure was cleared by the Appointments Committee of the Cabinet.
It's the first time in my memory that I have seen a negative expected return for equities, notes Akash Prakash. Hopefully, this implies the consensus is being too negative, and markets, as usual, will surprise everyone and deliver the least likely outcome.
The positive bias was aided by metal, realty and auto indices
The Reserve Bank of India (RBI) is precariously balancing two opposing objectives - maintaining easy financial condition in the domestic market, while ensuring external stability - and economists have started taking note. They say India is going through the classic trilemma of the 'Impossible Trinity'. The RBI cannot have an independent monetary policy (setting domestic interest rates) in an environment of an open capital account and flexible exchange rates. What is even more complicated for the central bank now is that financial market stability overlays all the other three objectives.
While analysts predicted the Sensex to cross 30,000 in 2016, the index currently stands 12% lower at 26,400.
'...and defensive until the global macro headwinds turn more benign.'
Further outperformance hinges on pickup in industrial activity, buying by local investors.
The relentless rally in small- and mid-cap stocks continues as large-caps show signs of fatigue. In July, the Nifty Smallcap 100 rose 8.1 per cent, extending its year-to-date (YTD) gains to 48.5 per cent, while the Nifty Midcap 100 added 3.1 per cent, taking its YTD rise to 33.5 per cent. On the other hand, the Nifty50 remained unchanged for the month, with YTD gains of 12.7 per cent.
Analysts mostly prefer domestic plays beside select films with foreign exposure.
Without exception, the top four majors beat Street estimates across all parameters - revenues, profitability, or net profit growth. However, what stood out were the large deal wins reported by the big two, TCS and Infosys.
RJio is targeting the existing base of high-value customers.
Most say a rate cut could come in RBI's June policy.
Broader market underperformed the headline indices with BSE Midcap and BSE Smallcap finishing in red
Clients are seen realigning their tech strategy by moving works from own captives to third-party service providers which is mostly benefiting to large companies such as Infosys, TCS, Wipro or HCL Technologies.
Credit Suisse said $5.6 may work for Reliance Industries' R-Series gas field in the KG-D6 block but the economics for its satellite fields and NEC-25 block are uncertain.
Oil subsidies to fall 44% in FY15.
The B-school also witnessed new roles in the domain.
Both Sensex and the rupee posted slight gains on Monday but Brexit concerns lingered.
Institutional investors - both foreign and domestic - lapped up the government's big-ticket share sales on Friday, helping it add nearly Rs 9,000 crore to its revenue kitty.
Firms have to adhere to strict compliance requirements mandated by global parents
US Fed rate rise raises risk of further drying up of FII flows.
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.
Three years after the prime minister's election promise that his government would create 10 million jobs, the emerging picture is not pretty. Employment HAS TO take on a critical status in the government's agenda, says Shyamal Majumdar.
'Experts are not ruling out further pain as global factors cannot insulate India from the aftermath.'
Inflation indexed bonds assure a positive return over inflation.
Given the developments, analysts do not foresee a quick recovery.
Singapore will be counting on its marquee Formula One race to help make up for a 30 percent drop in Chinese tourists this year.
Continued outflows amid moderation of domestic investments are a concern
Tech start-up set to change wellness segment with cloud-based services.
The year 2015 may well turn out to be a watershed in global macroeconomic adjustment.
The country imported 9.31 million tonnes (mt) of steel in FY15.
Experts prefer domestic consumption-driven plays and defensives such as information technology and pharmaceuticals
The latest rate cut has not yet trickled down to consumers.
The valuation was more conservative than the $15 billion some analysts had expected for the social media phenomenon, potentially attracting investors who might consider the money-losing company's listing price a better deal, with room to rise.
The company's buy of Concur will strengthen its position in cloud computing
IT and pharma companies again save the day; mask pain in domestic consumption.
The fuel reforms are a very important signal of the government's commitment to tough economic reforms.
Global markets could correct 5-10 per cent. If that happens, Indian markets will correct about 10 per cent
After two years of growth in the 4 per cent to 5 per cent range, the gross domestic product is expected to increase more robustly in 2015, growing to an expected 6.4 per cent.
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The eight-year-old online messaging service gave potential investors their first glance at its financials on Thursday when it publicly filed its IPO documents, setting the stage for one of the most-anticipated debuts in over a year.
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