In the first allegation of corruption linked to next year's Olympics in Rio de Janeiro, Epoca magazine reported that construction company Carioca Engenharia allegedly bribed the speaker of the lower house of Congress in order to secure funds for a massive port area regeneration project.
If the view is that rupee will depreciate, hedge your exposure by using forward cover
Global liquidity expected to continue amid ECB stimulus
IndiGo Airlines signs $2.6-billion leasing and financing MoU with Industrial and Commercial Bank of China.
The Nifty closed at 10,335.30, down 28.35 points, or 0.27 per cent.
Above normal monsoon forecast and strength in Asian equities lifted sentiments.
oreign Policy magazine named him as one of the world's top 100 global thinkers in 2011.
Further outperformance hinges on pickup in industrial activity, buying by local investors.
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.
In the United States, economic data is likely to take a back seat next week.
As global markets near all-time highs driven by liquidity, Marc Faber suggests most asset prices worldwide are inflated.
Risk sentiment is likely to be favourable if oil prices stay benign, global growth sentiment remains robust and the dollar index does not break out, says B Prasanna.
MF investors may not be able to support markets fall if selling intensifies
For India Inc, latest GDP figures signal a turnaround.
The rupee had depreciated by 39 paise, logging its biggest daily loss in nearly two months, to end at 61.34 on Thursday on fears of capital outflows from emerging markets after Federal Reserve signalled a sooner-than-expected hike in US benchmark interest rates.
The view among the regulator and the government is that the currency is overvalued
Tata Motors was the top gainer on better-than-expected June quarter revenues
The risk-reward ratio could turn adverse for foreign investors if corporate earnings disappoint by wide margins, or if crude oil prices spike in the international market, putting pressure on the rupee-dollar exchange rate.
RBI governor Raghuram Rajan has slashed rated by 50 bps.
Despite returns from gold down over 5% in the past three months, it is a good idea to keep this asset class in your portfolio.
Rediff.com recaptures these and other exciting sporting moments from the week gone by....
India is still the best story in major emerging markets from a 5-year perspective.
A strong set of industrial output numbers for January provided the perfect backdrop to reap more dividends, with the IIP having expanded 2.7 per cent year-on-year.
The question on who should borrow from the market and whether the borrowing will be under two buckets should be decided by the GST Council, and not by the Centre. If there is no consensus, there has to be a vote, says A K Bhattacharya.
Balance is needed in selecting members for the proposed monetary policy committee, says Abheek Barua.
'Going ahead, I think the world trade will slow down or decline, and this will be bad for everybody.'
The road ahead for the markets in the short term will depend on external factors rather than domestic developments.
Since mid-July, the RBI has taken steps to tighten cash conditions, which have failed to support the rupee but sent bond yields surging, posing a fresh threat to the already cooling economy.
It isn't Rajan ignoring money as much as it is Bernanke ignoring capital and exchange rates.
India's biggest jewellers' association has asked members to stop selling gold bars and coins.
Despite the 6-month high, trade deficit has widened to a four-month high of $14.62 billion, as imports rose by 14.85 per cent during the month, reports Subhayan Chakraborty.
Since 2005, in 8 out of 10 years (except in CY11 and CY14) the benchmark indices have given positive returns in December.
On Friday, the euro weakened to a near 14-month-low against the dollar, after the European Central Bank announced a fresh round of stimulus and promised more if required.
Morgan Stanley says favourable factors will push Sensex to 32,500 level by December.
Traders are waiting for the earnings season to kick off.
PM's announcement were focused on those most affected by the note ban.
Rate-sensitive sectors like banks, realty and auto witnessed heavy selling pressure ahead of the RBI Monetary policy which is scheduled on September 29.
Abheek Barua & Bidisha Ganguly explain why the US treasury should intervene if the overvalued greenback continues to rise.
What's the real reason behind ATMs running dry even in states that are not election-bound, wonders Nivedita Mookerji.
Since its peak, the S&P BSE Sensex has dropped nearly 3,000 points.
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