The Reserve Bank of India held its policy rate at 7.25 percent on Tuesday.
The huge pressure on the currency market largely went unnoticed because of the demonetisation exercise.
The BSE Mid-cap index gained 1.1% while the Small-cap index surged 1.3%, outperforming the benchmark indices
The improving earnings and economic outlook has titled the scales back in favour of Indian equities this year, reports Pavan Burugula.
Tax Guru Anil Rego answers your personal income tax queries.
Jigar Shah, chief executive officer, Maybank Kim Eng Securities is not certain that the DMart listing would trigger a re-rating of the Indian retailing sector.
In all, 37 central banks around the world have eased monetary policy so far this year to boost growth, fight deflation or both
He did not believe in any fiscal puritanism. In 2012, when it was almost certain that the government will breach the 2012-13 fiscal deficit target, he wrote that in abnormal times, abnormal measures are required to get back to normalcy.
What the reserves offer for now is improved import coverage of about 13 months, almost double the 2013 level of less than seven months. And, ammunition to arrest a rapid rupee slide, says Anup Roy.
The top companies with a striking gap in pay between the senior-most executives and median employees in 2017-2018 belonged mostly to sectors such as information technology, auto and engineering.
The government will release the Index of Industrial Production for July 2015 on Friday, September 11, 2015.
These games of skill with a large social component have managed the transition to a new online avatar.
Government bonds yields are likely to trade in a range, owing to profit booking.
Some landowners had alleged that Adani was 'misleading' the public.
News of all that's transpired on and off the football field
RBI's intervention in the currency market is through public sector banks.
n New York market, the dollar posted second-quarter losses against nearly all major rivals yesterday, with the exception of the euro.
Chinese shares opened lower, with the Shanghai Composite Index down 1.8% and the CSI300 index down 2.2%.
Business leaders, among others, ask govt to let go of fiscal target, seek stimulus, and direct cash transfer.
Month-end dollar demand from oil companies mainly affected the rupee value against the US currency, a forex dealer said.
The reason for the stickiness in bond yields can be many, but the most responsible is the liquidity deficit stance taken by RBI, says Anup Roy.
MC Mary Kom pulled no punches as the celebrated Indian boxer announced her intention to stretch her career by another "three-four" years and while the 2018 Asian and Commonwealth Games remain her "main focus", Tokyo Olympics, she said, is also not out of the radar yet. The London Olympics medallist and five-time world champion recently decided to go back to the light flyweight (48kg division) amid speculation that it is among the two categories that the International Boxing Association (AIBA) is pushing for inclusion in the 2020 Tokyo Olympics. The 33-year, a mother of three, is back in the ring with renewed hopes.
Apprehensions following the imposition of GST on sports equipment has forced the National Rifle Association of India (NRAI) to 'approach' the finance ministry and take up the cudgels on behalf of a very concerned shooting community.
'We think FY18 will end with a 10 to 12 per cent earnings growth, but FY19 will see a recovery to over 15 per cent.'
Martoma, 40, was sentenced in federal court last month by US District Judge Paul Gardephe for his role as the "central figure" in the most lucrative insider trading scheme ever charged involving $275 million in illegal profits and avoided losses.
'Markets should be driven more or less by earnings growth.'
Experts feel select companies in banking, automobiles, financial services & real estate will gain from lower interest rates
The second half of June could be driven more or less by technical factors triggered by news flow from Greece, the US Federal Reserve and the monsoon. The technical picture seems bearish as of now, says Devangshu Datta.
And why markets could give up 25 per cent of all these gains made since March 2020
FIFA president Sepp Blatter and its secretary general Jerome Valcke have both hired high-powered US lawyers to represent them as a corruption probe roils soccer's global governing body.
Continuing to shed its famed banking secrecy veil, Switzerland today made public more names about which it has been approached from abroad for information, even as it published fresh gazette notifications about two Indians -- Sayed Mohammed Masood and Chand Kauser Mohammed Masood.
Usually, a fall in oil prices is followed with a cut in retail prices of auto fuels and the government passes on the benefit to consumers. However, Morgan Stanley believes gains this time around will remain capped.
The previous government set up a cabinet task force to clear the backlog of projects but failed to make much of an impact.
Scanty rain would have put extra pressure on food prices.
A summary of sports events and sports persons, who made news on Monday
The jewellery industry has welcomed the government's decision to ban old Rs 500 and Rs 1,000 notes, saying gold demand will rise as people will have more faith in the precious metal than the currency notes. But the unorganised builders and secondary (resale) property market would be adversely impacted.
'The recent US jobs report has eased fears of a hike in the Fed meeting.'
'A positive oil shock has a detrimental effect on growth and activity.'
The rupee will largely remain stable but with a mild depreciating bias in the next one year
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