Sustained foreign funds outflows and the rupee depreciating 68 paise to hit a three-month low of 64.88 (intra-day) against the dollar affected investor sentiment
For state-run lenders, the average NPAs shot up to 14.5 per cent, with IDBI Bank, UCO Bank and Indian Overseas Bank having their NPAs at above 25 per cent.
Rajapaksa informed the lawmakers of United People's Freedom Alliance that he has resigned from the post.
The venue for Saturday's meeting was shifted at the last minute from the headquarters of the India Banks' Association in Cuffe Parade to avoid media glare.
The size of the GDP in the second quarter of 2018-19 is estimated at Rs 33.98 lakh crore, as against Rs 31.72 lakh crore a year ago
Pakistan has been scrambling in recent months to avoid being added to a list of countries deemed non-compliant with anti-money laundering and terrorist financing regulations.
A statement issued by the Interior Ministry also said the crackdown on Jaish 'has been taken in line with the decision of the NSC meeting'.
Moody's rates India's outlook at stable.
Stocks and rupee on Monday took an early morning plunge but soon recouped their losses.
The budget has strong growth impulses and response of the economy is positive.
The finance ministry on Tuesday cited "green shoots" of recovery in agriculture, manufacturing and services sectors, and said the prompt policy measures taken by the government and RBI have helped reinvigorate the economy with minimal damage. Stating that the agricultural sector remains the foundation of the Indian economy, the ministry said that a normal monsoon, as has been forecast, should support the rebooting of economy.
BSE IT index was the biggest sectoral loser, down 1.5% dragged by TCS
India's banks are propping up too many weak producers.
The WPI has been in the negative zone since November.
RBI will now increasingly shift focus to domestic parameters
11th-hour debt restructuring programme offered no concessions to creditors
India's stand at the FATF plenary and other related discussions have always been consistent regarding Pakistan.
If Pakistan continues with the 'Grey List' or put in 'Dark Grey' list, it would be very difficult for the country to get financial aid from the IMF, the World Bank and the European Union, making its financial condition more precarious.
Piramal Realty received equity funding from Warburg Pincus and Goldman Sachs in July.
Some big ones hoard cash unduly and others borrow to keep up payments to shareholders
The central bank is of the view that rise in external debt a concern but rating outlook revision reassuring.
The RBI has enough "fire power" to deal with the rupee volatility and will intervene in the forex market as and when required, said Planning Commission Deputy Chairman Montek Singh Ahluwalia.
Metal stocks fell on Tuesday, with the S&P BSE metal index sliding 2.8 per cent compared to the 0.64 per cent fall in the benchmark S&P BSE Sensex
India Inc has an impressive report card to show for the first quarter of this financial year.
India welcomed resolution of the political crisis in Sri Lanka and exuded confidence that relations between the two countries will continue to move on in an upward trajectory.
With this, multilateral lenders like the International Monetary Fund, the World Bank and the European Union may continue downgrading Pakistan, making its financial situation more precarious.
The RBI, according to the source, wants details on the procedure followed for credit appraisal by the bank while giving loans to Videocon.
Investors globally pulled out more than $3 billion from equity funds focused on Emerging markets including India in a week amid concerns over the US Federal Reserve's plan of curtailing its stimulus drive starting later this year.
State-owned banks account for more than two-thirds of the sector's assets and about 85 percent of bad debts
Indian retail investors continue to sell gold ETFs.
The Paris-headquartered FATF said Pakistan should continue to work on implementing its action plan to address its strategic deficiencies
The ministry sought to allay the rating agency's concerns and said economic growth was on an upward swing.
Given the stability of the rupee over the last 10 months, many companies have been tempted not to hedge their foreign currency risk.
Looking for a way out, property developers deal in banned notes.
The 30-share Sensex ended down 208 points at 28,261 and the 50-share Nifty closed 64 points lower at 8,571.
Better-than-expected financial results in Q3 due to higher revenue growth and margins in key markets fuel the rally
Finance Minister Arun Jaitley sought parliament's approval on Friday to increase the spending budget for this fiscal year by $4 billion, with almost half to be used to inject extra capital into state banks struggling with bad loans.
India this year will emerge as the world's seventh largest economy, up from the 12 th position in 2008.
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