Sharp fall in capital goods production and manufacturing activity also dented sentiments.
Chinese chief negotiator Ambassador Wang Qun told ANI on Friday, "NSG will not take up India's case as of now. There are differences on admitting non-Nuclear Non-Proliferation Treaty members. Signing the NPT first is one of five criteria (for membership). These have not been set by China, but by group as a whole."
Basit was called in by Foreign Secretary S Jaishankar to convey India's strong views on the incident, the external affairs ministry said.
Banking services across the country were hit on Wednesday by the day-long strike by 10 central trade unions and 14 bank unions, but workers of largest lender SBI and a few other banks stayed off the agitation.
With EU, it is part of the FTA that we will need to negotiate.
'For years, the RBI has been warning banks on probable frauds in bank guarantees and advised them to exercise due care.' 'PSB staffers feel their jobs are secured, hence there is no need to be vigilant and exercise financial prudence.'
As yields on 10-year government bonds rose from 6.65% in April 2017 to around 7.50% now, liquidity pressures have increased the cost of funds for housing finance companies.
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.
Sushma Swaraj, like Clinton, has a strong political base in her own party and is likely to have her imprint on foreign policy, says Ambassador T P Sreenivasan.
Under siege, Nitish plans to tweak Bihar's anti-booze law
This route accounts for Rs 2.75 lakh crore of FPI holdings.
Incoming US President Donald Trump has assembled a core team that is -- not surprisingly -- overwhelmingly white and male.
Trade sanctions on Russia by Europe and the US offer an opportunity for India, but the devaluation of the rouble may play spoilsport
Trump's transition team spokesman Sean Spicer listed Haley as one of the candidates.
We present our alphabet of 2020, pulling in everything you'll remember about this year we'd rather forget.
The only two truly successful private airlines in India - Jet Airways and IndiGo - have been set up and run by people who knew the ins and outs of the trade well before they took to the skies.
The world is still figuring out the man as he continues his enigmatic journey towards the first 100 days of his presidency.
The decision was taken during the annual 19th round of boundary talks in Beijing between National Security Advisor Ajit Doval and his Chinese counterpart Yang Jiechi.
Global liquidity expected to continue amid ECB stimulus
The Trump regime has informed the Congress that it 'strongly supports' transfers of F-18 and F-16 fighter proposals put forth by Boeing and Lockheed Martin respectively.
The ballistic missile launch was the first by Iran since Trump became President.
India is unlikely to take any bold move to improve its ties with Pakistan before the next year's general election, a top American intelligence official said on Wednesday.
There are a few factors that can spoil the party
The South Carolina governor has become the first woman and minority to join Trump's administration.
Sun Pharma's market capitalisation stood at Rs 100,050 crore on December 5, with its share price closing at Rs 417 a piece - lowest since March 2013.
"I did not resign. Moments ago I was fired. Being the US Attorney in SDNY will forever be the greatest honour of my professional life," Bharara tweeted from his personal verified Twitter account, making a reference to his jurisdiction the Southern District of New York.
Laxity in enforcing KYC and allied norms suspected; money laundering gaps also on probe panel's mind
'By the time he came out after nearly five hours, he had a one-to-one conversation with the President, a delegation-level meeting, a reception, a dinner, a tour of the White House and a joint statement of a kind none of his predecessors ever had,' says Ambassador T P Sreenivasan.
It won't be an easy ride for the markets, reckon experts, considering the multiple state elections in 2018 and general elections next year.
Affaq Husain and his wife Saira built a Rs 100 crore empire preying on the most vulnerable people in society.
India has some ability to influence what the world order will look like, but it needs to make structural changes to the ministries of external affairs and commerce, and evolve formal coordination mechanisms with the ministries of finance and home, says Nitin Pai
The Vasundhara Raje government's initiatives mark a critical step forward in labour law reforms.
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
'If Walmart is a physical retailer, why is it striking a deal with Flipkart for the online space?'
The India card is now almost obsolete. There are more pressing challenges. People of Pakistan are fed up with years of bad governance, corruption and broken promises of successive governments. However, the politicians and former generals are still provoking sentiments on what is happening on the Line of Control for petty political gains, says Shahzad Raza.
The culture of these firms is alien to the Indian financial system. Distressed assets funds are known for their ruthless recovery ethics. Slicing and dicing a company and selling it on a piecemeal basis is their usual practice. This is something Indian banks are finding a little uncomfortable.
Radhakishan Damani is the only billionaire to see his wealth grow by around 20% during the lockdown.
'To expect that he has a magic wand to resolve all differences and announce breakthroughs in all issues during his first visit to the US is to be unrealistic,' says Ambassador T P Sreenivasan.
'By his very presence in Delhi on Republic Day, Obama is revisiting the most defining relationship of the 20th century after a period of stagnation,' says Ambassador T P Sreenivasan.
A K Bhattacharya digs into the yet-to-be-public report on ways to curb black money and finds out that Modi's next moves could include action on dabba trading, hawala, and education.
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