Swiss National Bank shocked the currency markets on Thursday by abolishing their currency -- franc's three year-old cap of 1.20 per euro
'India is in a slowdown which most of us have not seen in our living memory.'
South Korean President Park Geun-hye's visit to India will enhance economic and military ties between the two countries and give the relationship a strategic dimension, says Jiye Kim.
An article said Modi's decision to provide e-visas for Chinese nationals is inadequate and it should be extended to business and work visas.
'One way to deal with these is to address these quickly and have rapid reaction teams in New Delhi, the state capitals and wherever possible.'
Indian companies typically have higher return on equity.
Investors expect more investment-friendly policies opening up more sectors for foreign direct investment
A'Market valuation is another concern.'
'India is trading at steep valuations and there have been a number of IPOs, especially in the insurance sector, that have had an impact on secondary market liquidity.'
are in the process of building one at the Jio Center in Bandra Kurla Complex where the Maker Maxity building used to be. "This theatre will be on the top of the mall and should be able to accommodate 300 cars, and is expected to open sometime in January or February next year.
Rebound in IT majors TCS and Infosys in late trades helped markets end higher.
Under the 'Major Defence Partner' recognition, the US will continue to work toward facilitating technology sharing with India to a level commensurate with that of its closest allies and partners.
Small stocks made a dashing comeback in 2020 after delivering negative returns in the last two years as increased retail investor participation in pandemic times saw small-cap index surging up to 31 per cent and outperforming the bigger benchmark gauge. This year turned out to be eventful for the equity market, witnessing bearish and bullish sentiments at different points of time. While the initial part of COVID-ravaged 2020 saw the bears in full force amid concerns related to the pandemic and lockdowns hurting economic activities, bulls made a comeback towards the latter half of the year. As the market swayed with many lows as well as highs, small and mid-cap indices emerged as markets favourites in 2020.
'The domestic scenario is much better than earlier, demonstrated in the March quarter earnings.'
Narendra Modi's success at the BRICS summit is the best Diwali gift for India's diplomacy and marks her ascendancy to global leadership, says Tarun Vijay.
'Tax dodging through tax havens is one of the ways multinational corporations and the super-rich in India are using to evade taxes.'
What matters is the culture and the atmosphere of the workplace, and whether employees get treated fairly. 'It is also important for the employee to feel s/he is part of a winning team,' Credit Suisse's Mickey Doshi tells Niraj Bhatt.
'The credit for managing Trump should go to Modi.' 'Biden is a predictable and rational person with plenty of administrative experience,' notes Ambassador T P Sreenivasan.
Investment bankers said retail investors were pulling back, while institutions were being pickier
"According to the global financial services major, though CAD at 3.2 per cent of GDP is significantly lower than the 4.8 per cent it registered in fiscal year 2012-13 ", it still remains higher than the 2.4 per cent of GDP that we estimate as the optimal current account deficit".
India had been engaged in a contentious battle with the US over the issue, especially in the pharmaceutical sector.
Sun Pharma was the best gainer among Sensex components, surging 6.91 per cent
A normal monsoon, softer interest rates and inflation, pent-up demand, along with mild budgetary support may help growth pick up in coming quarters.
'The rate of transmission of COVID-19 in Hong Kong was 0.7 -- anything below 1 suggests the epidemic is receding.' 'The city-State achieved this without the de facto police-State curfew that India has resorted to,' says Rahul Jacob.
Experts say the BSE Sensex could rise to around 32,000 in a year.
About 55 per cent of the public offers that hit the market since 2008 are still trading below their issue price.
The rupee has been falling for five straight weeks, taking its losses this quarter to 6.6 per cent, making it the worst performing currencies in Asia during this period.
Leaders from the seven-nation Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation on Tuesday vowed to jointly combat the growing threat of terrorism, transnational crimes and drug trafficking and agreed to intensify efforts to enhance connectivity and cooperation in areas like trade, energy and environment.
There is a sense of relief in Beijing that Modi will be at the helm of affairs in Delhi at a critical juncture in the geopolitics of the region, says Ambassador M K Bhadrakumar.
This was the biggest single-day fall for the benchmark index since August 10 when it had fallen by 310 points.
Raghavendra Kamath reports on what ails India's real estate sector.
India on Thursday secured Mexico's backing in its bid to become member of the Nuclear Suppliers Group as it aggressively scouted for support ahead of a crucial meeting of the 48-nation nuclear trading bloc in Vienna.
Select companies in infra, capital goods, private banks, auto, oil & gas, and mining could be considered by investors.
Unless the judges factor in the ungovernability of technologies and their beneficial owners, present and future Presidents, prime ministers, judges, legislators and officials handling sensitive assignments may become redundant with reference to their age-old roles for securing 'national resources and assets', warns Dr Gopal Krishna.
Jaitley's team presents a quintessential mix of foreign-educated, intellectual technocrats and seasoned bureaucrats
Does the rally reflect expectations of improving fundamentals or they are likely to correct?
Participants are keeping an eye on the Winter Session of Parliament, which started today, and US fiscal policies to be followed by President-elect Donald Trump
The stagnation in US-Russia relations does not augur well for New Delhi's strategic interests, says Harsh V Pant and Raj Kumar Sharma.
Nifty, which has struggled around 8550-8560 levels managed to blast past this resistance and close above the psychological mark of 8600.
In the past two weeks China has cut interest rates.
Reserve Bank of India Governor Shaktikanta Das tells Anup Roy, Raghu Mohan and Niraj Bhatt that it is time for banks to lower interest rates and start lending to cash-starved finance companies after due credit appraisal and proper risk assessment.