The upbeat earnings from Reliance Industries will set the tone for the truncated week ahead
S&P upgraded India's credit outlook to 'stable' from 'negative' earlier.
Attired in his trademark half sleeves kurta and sporting a Rajasthani turban, Prime Minister Narendra Modi devoted a bulk of his 90-minute address on the occasion of the 70th Independence Day to presenting in effect a report card of his government's work particularly in boosting economic growth, ease of doing business and welfare schemes for the poor and farmers.
Markets ended weak tracking the expiry of April derivative contracts.
India Inc's earnings seem to have gathered momentum with a surge in the BSE Sensex over the past two quarters.
According to market experts, GST Bill, movement of the rupee and uncertain global cues amid expected rate cut by the US Fed will dictate the movement of the markets.
The elements are all aligned to make India a global powerhouse, says IMF Managing Director Christine Lagarde.
Nobutaka Kitajima, chief investment officer -- equity, LIC Nomura Mutual Fund, tells Business Standard the reaction to the Fed's statements has been overdone and the current downturn has punished certain stocks much more than their inherent economic worth and business potential.
A government that confuses PowerPoints for policy is delaying structural change too much.
The new IIP numbers should spread cheer among those who were part of the Manmohan Singh-led United Progressive Alliance, earlier accused of having presided over a steady deterioration in industrial performance, particularly in the last two years of its tenure, says A K Bhattacharya.
After 20 months of hectic negotiations, Iran and six major powers have reached a historic deal to limit Teheran's nuclear programme in return for lifting of sanctions. Let's understand closely what the deal is all about.
Outlining seven principles of engagement for closer cooperation between India and China, Prime Minister Manmohan Singh on Thursday said the two countries should show sensitivity to each other's interests and sovereignty and move quickly to resolve the boundary issue.
Following is the full text of Prime Minister Manmohan Singh's speech at the Central Party School in Beijing on Thursday:
The prime minister's August 15 address was undoubtedly inspirational and outlined important economic and social objectives, such as making India a global hub for manufacturing, ensuring bank accounts for all poor families, major thrusts in sanitation and cleanliness, and a radical restructuring of the Planning Commission.
With their balance sheets under stress, private companies have lost interest in them.
Why do I want to bring corporate tax from 30 per cent to 25 per cent? I have to attract investment in this country -- not just international but domestic.
Economists expect Modi to announce big-bang reforms.
Examples of coordinated initiatives.
'Jin Jiang had invested in Louvre Hotels.' 'Louvre, a couple of months ago, took a majority in Sarovar hotels.' 'So they are coming in now.' 'Look at the Chinese -- two quarters ago they took 25 percent in Hilton.' And then HNA also took majority in Carlson (Radisson).'
We present our alphabet of 2020, pulling in everything you'll remember about this year we'd rather forget.
'The decline in BJP seats tells us that despite the rote incantation of the development mantra, Gujarat is not immune to the economic pain the country is feeling and is telling the ruling party so,' says Shreekant Sambrani.
Creating many more half-decent jobs for the 10 million plus new entrants to the labour force each year must surely constitute the primary development challenge for India today.
Several brokerages lifted their outlooks for the BSE Sensex and companies were queuing to ride the wave of political euphoria
Former President A P J Abdul Kalam kindly answered rediff.com's questions for an exclusive interview.
Amid a spurt in terror attacks in various countries, Prime Minister Narendra Modi on Thursday said terrorism is the "gravest threat" to the world, "equally impacting" India and Mozambique which agreed to strengthen security and defence ties and bolster cooperation in food security.
Auto stocks are weighing on the indices.
The Supreme Court judgement will hopefully ensure that those in power and authority will hesitate before allotting precious natural resources that belong to each and every citizen of the country in an arbitrary and corrupt manner, says Paranjoy Guha Thakurta.
'Our intentions are clear. If I keep all the acquired land under the ownership of the government, why do you raise questions about my intentions?' 'One achievement of my ministry would be the gas pricing policy. Two, we made a delivery mechanism (for domestic LPG) which is the largest in the world. We are crediting money to the poor directly. It is the biggest structure of direct subsidy transfer.' 'It is very easy to work with Modi. He gives everyone a chance in decision-making. I have become a minister for the very first time, but if we want to raise any issues in the Cabinet, we have full freedom to do so.' The second and final part of Union Oil Minister Dharmendra Pradhan's exclusive interview with Sheela Bhatt/Rediff.com.
Any change in rates would mean more volatility; else, poll outcome-fuelled rally expected to continue.
A majority of India's billionaires gained wealth in the last one year in spite of the stock market decline.
Markets could slide again owing to conditions in Europe and the US.
It is hoped that the decision of India's apex court will send a signal to politicians and their cronies from the world of business that the rule of the law does eventually prevail, says Paranjoy Guha Thakurta.
Should you expect 15 per cent return over a period of 20 years? Dwaipayan Bose has the answer
Since multilateral trade creates a stable, peaceful world, normalisation of bilateral trade between India and Pakistan will start a series of peace building measures, especially along the bordering areas of both states which is the worst affected from the on-going conflict, say Riya Sinha and Shehzad Poonawalla.
'For investors who are willing to remain invested for two - three years, there exist quite a few good opportunities.'
In an hour-long chat on rediff.com on Thursday, A K Prabhakar, senior VP and Head - Equity Research (Retail), Anand Rathi Financial Services Ltd, answered some important questions on the market.
The government has provided a long-term vision.
Trade between India and Indonesia stands at $20 billion.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.