The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
'Rahul Gandhi accuses the Modi government of being in thrall to corporate fat cats at the expense of farmers and other common folk. But the facts do not bear out this argument, as Indian farmers are relatively better off compared to the really wretched of the earth, the unfortunate landless, often itinerant, labourer. And since Rahul's ancestors are the ones who failed them, it is a little disingenuous of him to ignore them in his rhetorical flourishes,' says Rajeev Srinivasan.
Tight liquidity will hit over-leveraged and cash-hungry companies, spare conservative ones
The theme of the reshuffle is to fulfill Modi's earlier promise of 'maximum governance, minimum government.' Some key ministries are likely to be merged.
Empowered in the Modi government, junior ministers have enough on their plate.
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'India is doing better than when we took office 17 months ago'.
These companies had an accumulated loss of Rs 55,656 crore (Rs 556.56 billion) in 2012-13.
Despite crude comfort, heavy spending cuts needed to offset Rs 80k-cr revenue shortfall
Finance Minister Arun Jaitley on Wednesday said the country is on an "upward curve" and a good monsoon, GST passage and increased infra and rural spending will further accelerate the growth.
'If the government starts playing favourites, if the government acts in a manner which is not transparent, then natural resources which belong to not just you and me, but future generations, they fritter away. The anger against corruption, the anger against India's natural resources being looted is a consequence of the fact that within society there is a huge amount of turmoil and discontentment. Why should an Empowered Group Of Ministers or the Cabinet Committee on Economic Affairs decide the administered price of gas?' asks Paranjoy Guha Thakurta in this exclusive interview with Rediff.com's Sheela Bhatt.
Against a turbulent and uncertain background, Budget 2017-18 hewed a steady, forward-looking course, says Shankar Acharya, former chief economic adviser to the government.
A raise in the I-T exemption limit has been sought by many.
Expectations are that the government will use the Union Budget to create an environment, which is conducive for growth.
Markets surged on hopes that the exit polls would show that the BJP winning majority in the general elections.
The Cabinet Committee of Economic Affairs has approved a hike in gas prices from April 2014.
While chips have become ubiquitous, Moore's Law has remained a self-fulfilling prophecy even half a century later. Not bad for an industry where the time scale is not measured in decades and centuries, but in annual quarters, says Shivanand Kanavi.
At 15.05 PM, the 30-share Sensex was up 281 points at 28,238 and the 50-share Nifty gained 86 points at 8,577
The Indian stock markets may turn bearish after the US Fed decides to raise interest rates.
Companies to hold rates in Delhi until new government is formed.
Land ordinance has done away with consent and social impact assessment.
The BJP government is no better than the Congress -- as wretched and anti-people. In addition, it is explicitly and aggressively communal, says Venkatesh B Athreya, in a hard-hitting interview to Shobha Warrier/Rediff.com.
Trade sanctions on Russia by Europe and the US offer an opportunity for India, but the devaluation of the rouble may play spoilsport
While some companies used that to become world leaders, others squandered it by over-borrowing.
Many economists say only a substantial rise from October would point to a real recovery.
Nanotechnology has remarkable applications in a variety of spheres, including agriculture, animal husbandry and natural resources management.
'Whichever option India chooses, it should be clear to the government that the China-Pakistan nexus poses a clear and present danger to national security,' says Brigadier Gurmeet Kanwal (retd).
Budget should raise revenues & reduce spending to increase capital expenditure.
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The trade deficit makes up an important part of the current account deficit, which had touched an all-time high of 4.8 per cent in 2012-13.
The passage of the Bankruptcy Code could set the stage for other important legislation that may see India undergo more economic change than all governments combined since the reforms implemented by P V Narasimha Rao in 1991-93, says Ben Merton.
Deepak Parekh, chairman of Housing Development Finance Corporation (HDFC), India's largest mortgage lender, says the exuberance in industry about the new government is justified but big ideas articulated by the prime minister need speedy implementation.
Two technocrats, two hard-boiled politicians are India's new Cabinet ministers...
If companies manage to raise Rs 10,000 crore, this will be the best year for IPOs since FY11.
The government has decided to ban Indian women from being surrogate mothers to foreigners to stop 'commercial surrogacy'. How will this decision affect surrogacy in India?
A delayed monsoon and abundant cotton in the international market could spell trouble in the state's suicide zone.
Drones are of course, remotely controlled and modern ships are also chip-driven.
Politically, it will not be easy for Modi to take hard decisions such as raising fuel prices in the first budget, given the risk of higher inflation.
The processor is just 5 per cent of the overall cost of a computing device.
The Survey projected growth rate of 7-7.75 per cent for 2016-17 with downside risks due to weak global economic scenario.
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Q1 results indicate more pain ahead, as slowdown has spread to more sectors, pricing power has come down and rising interest cost is eating into profits.
The average land given to the rural landless is small and falling, from 0.95 acres in 2002 to 0.88 acres in 2015 - a 7.4 per cent drop over 13 years-and a slowdown is evident in the process of taking land away from rich landlords, the RTI data reveal.
