India had been engaged in a contentious battle with the US over the issue, especially in the pharmaceutical sector.
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 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.
About 55 per cent of the public offers that hit the market since 2008 are still trading below their issue price.
Experts say the BSE Sensex could rise to around 32,000 in a year.
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.
A normal monsoon, softer interest rates and inflation, pent-up demand, along with mild budgetary support may help growth pick up in coming quarters.
Sun Pharma was the best gainer among Sensex components, surging 6.91 per cent
'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.
This was the biggest single-day fall for the benchmark index since August 10 when it had fallen by 310 points.
'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.
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.
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.
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?
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.
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
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.
The stagnation in US-Russia relations does not augur well for New Delhi's strategic interests, says Harsh V Pant and Raj Kumar Sharma.
Ramdev's company remains a dominant player in the naturals space, but products of rivals are also gaining popularity.
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.
India needs to come up with new ideas to make the Pravasi Bharatiya Divas more appealing to overseas Indians. The Diasporas talents should be used for the country's development, says Thomas Abraham, founder of the Global Organisation of People of Indian Origin
Heading to the third year, will Urjit Patel be busy firefighting a currency crisis? Almost no governor of the RBI managed to evade it and Patel perhaps knows it.
The India-Japan 2+2 dialogue added strategic heft to the special relationship in the wake of growing Chinese assertiveness on regional affairs, points out Dr Rajaram Panda.
In good times, analysts justify valuations giving interesting investment rationale.
'We are going to have a recession this year, maybe next year too...'
China's malfunctioning stock markets remained semi-frozen.
Japan Plus to facilitate and fast-track investment proposals.
Notable losers were ONGC, Axis Bank, ITC, SBI, ICICI Bank, NTPC, Hero Motocorp, Sun Pharma and Bharti Airtel who fell by up to 2.80 per cent.
The shutdown was the longest in recent memory, and prompted US Securities and Exchange Commission Chair Mary Jo White to call for a meeting of Wall Street leaders to help insure the 'continuous and orderly' functioning of securities markets.
Good investors learn how to think beyond the obvious and to make deeper, less obvious judgments.
The country imported 9.31 million tonnes (mt) of steel in FY15.
The visit of Park Geun-Hye to India, though a symbolic one, will certainly give a further impetus to the strategic partnership between the two countries says Rup Narayan Das.
"We are committed to building a new India. We have to do this as early as possible," he said.
Coffee Board of India has signed on P V Sindhu, P Gopichand and Prabhas and Rana Daggubatti from the Baahubali star cast as brand ambassadors
Some type of global shock adds to the allure of the dollar.
The agreement on pricing last month marks a significant step towards promoting energy security in the region, say Nisha Taneja & Samridhi Bimal.
