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Given the 18-day government shutdown in the US and the likelihood for continued wrangling between the Democrats and the Republicans, it now looks like tapering may be off the table till the first quarter of 2014.
Significantly, for the first time, the FATF put Myanmar in the "high risk jurisdictions subject to a call for action", often referred to as the watchdog's black list.
Given that there are hundreds of players in the shadow banking space, it's hard to make a credible estimate of potential NPAs. That creates more scope for panic, says Devangshu Datta.
The rally in index heavyweight ITC has boosted the sentiment across the board.
History would indicate that a recession is not that far off.
Sensex was up 184 points at 25,580 and the Nifty added 71 points to end the day at 7,654
The breadth, indicating the overall health of the market, turned negative from positive
Inter have got through two-legged ties in all nine of their previous meetings with Olympique Marseille.
The announcement of the formation of the BRICS bank will have as much an impact about how the non-G7 countries manage their economies and their foreign reserves, as it does on the intellectual discourse. The development priorities and agenda which was hitherto set by western experts responding mostly to western priorities and notions will now have to compete with an intellectual tradition that is and can be very different, says Mohan Guruswamy.
The broader markets ended firm with mid-caps and small-caps gaining nearly 0.5 per cent on the BSE.
Modi is ranked fifth on the 2015 roster of 'World's Greatest Leaders' with Satyarthi coming in at the 28th spot.
In the broader market, BSE midcap and BSE smallcap indices underperformed the larger counterparts and ended flat with a negative bias.
Here's a collection of some of the best photos, taken last week, from around the globe.
Year 2017 will be a benign year for FII flows into India feels Akash Singhania, deputy chief investment officer, DHFL Pramerica Asset Managers.
Significant investors in government bonds FIIs have been net sellers since May 22.
Rediff.com presents a selection of the year's most enduring moments year from around the world
We are much better placed than in 2013 with our overall fundamentals much stronger - higher foreign exchange reserves, a more favourable growth-inflation mix and an institutional framework for targeting inflation, says B Prasanna.
Brokers said a flurry of buying by investors in blue-chips mainly influenced the sentiment.
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India's share of 2015 emerging market allocations will be driven by FII perceptions on likely growth and reform.
It's difficult to understand if GDP growth has actually improved.
Exchanges believe its legal status may now change, with the government pushing for digitised transactions.
In India we have to be careful not to copy any level of dependence on the financial sector and infatuation with the get-rich-quick syndrome, says Jaimini Bhagwati.
However, volatility is likely to be on the rise, said Benjamin Yeo, MD & CIO (Asia & Middle-East) for Wealth & Investment Management, Barclays.
Heavy dollar selling by banks and exporters alongside debt-related inflows largely supported the rupee
The index had risen over 585 points in the previous three sessions.
The British pound was down nearly 9 per cent in early morning trade.
Gold is often favoured as a hedge against economic and financial uncertainty
India has maintained communication with both Russia and Ukraine. It is time Narendra Modi steps up on the world stage and plays the role of peacemaker, suggests military historian Colonel Anil A Athale (retd).
Major global indices - the Nasdaq, Bovespa, Seoul Composite, S&P 500, Dow Jones, S&P BSE Sensex, NYSE, DAX, Nikkei and, CAC 40 - have all gained 37 per cent to 75 per cent since their respective March 2020 low.
It will be difficult for the Indian equity to outperform overall growth to the extent bullish observers expect.
The market breadth ended weak on the BSE with 2,086 shares declining and 893 shares advancing.
'...and defensive until the global macro headwinds turn more benign.'
For investment bankers, a Brexit vote is more than just about volatile prices on a screen but also about where they may end up working and living.
Skittish investors snapped up gold and other safe-haven assets amid fears of a global economic slowdown
The 30-share Sensex closed down 115 points at 28,444 and the 50-share Nifty ended down 31 points at 8,524.
This is contrary to the expectations of a majority of analysts predicting for another hike given the rise in inflation lately, including domestic ratings agency Icra
Given the relative rates of gross domestic product growth, the differential will increase.
Emerging markets and Asia may be first in the firing line
Since 2005, in 8 out of 10 years (except in CY11 and CY14) the benchmark indices have given positive returns in December.
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Shedding its gains from Monday, NIkkei has declined around 0.7% while Hang Seng and Shanghai Composite were trading marginally lower.
