Sensex rises, snapping two-session losing streak; banks, auto gain.
The crushing of this tiny entity by demanding creditors should be a lesson for all countries, warns T N Ninan.
IMF report says billions more cash and debt relief needed
BSE Healthcare, Oil & Gas, Consumer Durable, TECk, Power and Metal indices declined between 0.5-1%.
What might be useful is targeted assistance to those sectors and individuals that are disproportionately affected, suggests Mihir S Sharma.
He was arrested by Swiss authorities for trespassing at the event in July 2015 but later released.
In a major development in the fight against black money, multilateral grouping OECD today unveiled a 'single global standard' for automatic exchange of financial account information by various countries including India and Switzerland.
T N C Rajagopalan on the new year and new worries.
The impending default on the IMF loans leaves Greece sliding towards an exit from the euro.
If the impact of the Greece crisis spreads across Europe and parts of the world which are more interconnected than ever before, India cannot hope to be insulated, says Paranjoy Guha Thakurta.
Nifty PSU bank index dropped nearly 2%
Adani Ports, HUL and L&T gained the most, while ICICI Bank, ONGC, GAIL and Tata Steel lost the most
Rediff.com brings you some images of the Mahatma's statues erected around the globe.
Move to address MNCs' taxation woes; UK likely to be the next.
The keynote address will be given by United States President Donald Trump
Last year's European Championship soccer tournament generated a 1.22 billion euro ($1.3 billion) boost for host France, a study commissioned by the French government showed on Wednesday.
The MSP was introduced to the services recognising their unique service conditions and hardships.
HSBC's Swiss bank routinely allowed clients to withdraw "bricks" of cash
S&P BSE Midcap index and S&P BSE Smallcap were down 2% and 1.3% respectively
Rajan said investments should return after initial investor worries over Brexit.
Spurring the economy, currently in the throes of a slowdown, remains the prime focus for most ministries, but the government is also looking to make women's welfare and environmental protection key to policymaking in this term.
Budget is widely seen as a test of Prime Minister Narendra Modi.
Syriza lawmakers walked the corridors telling reporters the government might not survive the night.
The broader market outperformed with the S&P BSE Midcap down 0.3%, while the S&P BSE Smallcap was little changed.
Aziz also attended a dinner where he exchanged pleasantries with PM Modi.
Euro zone leaders clinched a deal with Greece on Monday.
The Swiss Finance Ministry spokesperson recently confirmed that a meeting is expected in the coming weeks, but did not disclose any further details.
The Finance Ministry's Economic Survey had projected a growth rate of 7-7.75 per cent.
Currently, companies are taxed in the jurisdictions in which they have a physical presence. However, digital businesses generate revenues from markets without a significant physical presence in a country.
The government on Tuesday said the slowdown in the Europe and US may have contributed to the moderation in India's economic growth rate to 7.7 per cent during the first quarter of the current fiscal.
'It was a 20-minute boat ride journey of about 500 metres, but it must have been a giant leap together for the two staunchly secular leaders, Modi and Macron,' says Ambassador M K Bhadrakumar.
Market breadth remained strong with 1,581 advances over 1,018 declines on the BSE
Europe is the second largest market for Indian IT-BPM industry
'Our great Indian nationalists are rousing passions against their own people, not against another nation. Our fraud nationalists go after their own citizens for their religion, or for their views. Their concern and their passion is the enemy within. That is not love of nation or love of anything else. It is hatred and it is bitterness,' says Aakar Patel.
Across Yes Bank branches, the busiest people were the relationship managers, trying to soothe nerves. Many were seen advising clients the situation was only temporary and that their money was safe.
India's informal economy and service sector accounts for over three-fifths of its $1.8 trillion economy.
ICICI Bank on Monday said it sees no impact of the Greek debt crisis on the bank as it has no exposure to Europe.
India on Wednesday asked for enhanced economic ties with Central and East European countries.
In the broader markets, BSE Midcap index slipped 0.3% whereas the BSE Smallcap index inched up by 0.2%
The world economy is going through a tough phase.
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