The S&P BSE Sensex dropped 207 points to end at 25,230.
The Centre set up a political tug of war with opposition parties which have planned to observe it as a 'black day'
Modi government has pledged to lay 700,000 kms of broadband cable.
As we say shalom to 2016, the key drivers for the markets in the year ahead have become more obvious, says Neeraj Gambhir, managing director and head of fixed income, India, Nomura. First, there is a surging dollar. Second, rising commodity prices. Then, we have the effects of demonetisation.
This analysis is based on the quarterly earnings for 724 companies.
Or, what will the Indian policy process allow it to be, says Ajit Balakrishnan.
Are hacker collectives like Anonymous and Legion black hats or white hats, or do they lurk in the space between the two? Dhruv Munjal reports.
'We have promised to ensure reduced tax rates.'
If the TMC doesn't stop violence, then the children of TMC workers would become orphans, he said.
Recent derailments had brought the vulnerability of the national carrier into the limelight. For the railways, the fund allotment of Rs 1 lakh crore towards safety, is a welcome move, says Subrat Nath.
'The problems the rest of the world is struggling with -- the future of work, expectations from government and business in a world without jobs -- will be solved in India, by young Indians, before anyone else,' says Mihir S Sharma.
'I am only asking about his travel bills and expenditure.'
The improving earnings and economic outlook has titled the scales back in favour of Indian equities this year, reports Pavan Burugula.
Kolkata excels in business performance with employee headcount and number of engineering students doubling in the last five years.
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The Tata Group says it is bullish on investment in India.
'Modi is likely to make more announcements to win or retain popularity, and put himself at the centre of things even more than now,' says T N Ninan.
Neel Mullick lists a few must-don'ts as well!
There are also signs that the private sector investment cycle is slowly coming back, as capacity utilisation figures across industry continue to slowly creep up. A pickup in investments will front load profitability, says Akash Prakash.
'Today, music directors do not work on a song that turns out to be the biggest hit of the year.' 'Their main focus is on creating a song which becomes an instant hit.' 'Whether the audience remembers that song after a couple of months or not, that does not concern them anymore.'
'After some time, they all want to know what is happening in their companies.' 'It is better they remain board members rather than talk outside.'
Stating that English, Chinese and Hindi will rule the digital world in the coming days, Prime Minister Narendra Modi on Thursday noted that the language market was huge and companies can cash in on it by developing apps at the earliest.
Prime Minister Narendra Modi on Sunday launched a website MyGov that aims to help citizens contribute in governance by giving their opinions and views on important issues like clean Ganga or skill development. The inauguration of the people-centric platform also marks the completion of 60 days of the new government.
Businessman P C Mustafa wants Indian Americans to return home, Cognizant CEO Francisco D'Souza outlines how Indian tech companies could grow, Gaurav Dalmia has some investment recommendations while Subramanian Swamy warns that India is flirting with a debt trap.
'The economy needed 3 or 4 major fixes. The major one was, of course, the direct tax structure, but we ended up complicating the existing convoluted tax structure,' says M R Venkatesh, chartered accountant and lawyer.
Delhi's ritzy Terminal 3 is on the global top 5 list on social media and the first among Asian airports on social media.
'If we don't want to be the poorest large economy even in 2030, we need to be doing very much more than is being attempted.'
Punjab National Bank has made a name for itself in recovery of bad loan dues. Usha Ananthasubramanian, managing director and chief executive officer of the government-owned lender, explains how it has achieved this reputation.
The blockchain, the public ledger that tracks every bitcoin transaction, is changing commerce as we know it, says Devangshu Datta.
'I always used to say ignore the trolls and move on and focus on your fans and friends,' Sreenath Sreenivasan tells Rediff.com's Monali Sarkar. 'That was easy for me to say. But now when I say it, I really mean it.'
Privatise the railway stations and modernise them, urged Modi.
In just 18 frames, the photograph of the dainty Sheena, with her winsome smile and starry eyes, dissolved, flesh falling off her facial bones, into what the CBI alleged was her corresponding yellowed, morose-looking skull with hollow, haunting eye sockets.
Talking corporate heads are a barometer of the business community's engagement with the economy. If they have nothing to say now there should be cause for concern.
Vanita Kohli-Khandekar reports on the ongoing battle for the top spot between publishers S Chand and Navneet.
'Make in India' could suffer the same fate as did privatisation and the command economy, says Ajit Balakrishnan.
'I feel now we have a leader who is non-corruptible.' 'But he needs time as corruption is deep-rooted in our society, and people have no shame about being corrupt.' 'It will take at least 7 years to make some changes.'
Bubbles can inflate indefinitely and also burst, with deep corrections, warns Devangshu Datta.
With a new campaign that talks about togetherness, Uber challenges Ola's homegrown narrative.
Growing trees means much more than strewing seeds around; it takes an understanding of local climatic conditions, indigenous strains and partnership with local communities.
Telecom Secretary J S Deepak has resolved the toughest issues facing the sector, but his real test will be in delivering on the govt's Digital India dream
Tamal Bandyopadhyay, columnist and author of several books like From Lehman to Demonetisation: A Decade of Disruptions and Sahara: The Untold Story, tells Rediff.com why Yes Bank depositors should not panic and the current crisis at India's fifth largest private lender does not pose any systemic risk.
