Economic recovery in US, euro zone help; new orders sub-index at 52.4
Sebi directs freezing of all demat accounts not linked to Aadhaar by December 31
A leave vote means the future of Britain's financial services industry is now hanging in the balance.
Gold funds have returned -5.2 per cent, while the Sensex is down 7 per cent in the past year.
Ratnakar Bank to absorb RBS' employees involved in three businesses
The muted CPI inflation print at 5% earlier this week, followed by a similar WPI number released Wednesday, seems to have spurred India's central bank into action, is how the economists are reading into Reserve Bank of India governor Raghuram Rajan's 25 basis point cut in repo rate.
Sending money to families in India will get more expensive
That is bad news for officials taking part in discussions at the International Monetary Fund and World Bank meetings this week.
Any change in rates would mean more volatility; else, poll outcome-fuelled rally expected to continue.
A new framework has been put in place for automatic exchange of information between Switzerland and India to help check the black money menace with effect from January 1, 2018. The funds held by Indians through fiduciaries alone used to be in billions till 2007 but began falling after that amid fears of regulatory crackdown. It is now at second-lowest level in 20 years.
India has a double-taxation avoidance pact with Singapore and more than 85 countries.
Mop-up misses target as big FIIs skip issue.
Many factors leading to the 2008 financial crisis still exist.
The Indian money in Swiss banks had fallen by 45 per cent in 2016, marking their biggest ever yearly plunge, to CHF 676 million (about Rs 4,500 crore) -- the lowest ever since the European nation began making the data public in 1987.
So long as there are concerns about world trade, growth and oil prices, the domestic market will remain volatile.
Wiping off nearly Rs 4 lakh crore of investors' wealth during the day, benchmark Sensex crashed on Friday.
The market breadth in BSE remains positive with 1,554 shares advancing and 1,196 shares declining.
Concluding the three-part series, Paranjoy Guha Thakurta says that the black money law is likely to fail because of the ineptness of India's investigative and enforcement agencies.
RBI's surprise rate cut has revived sentiments of India Inc.
What the reserves offer for now is improved import coverage of about 13 months, almost double the 2013 level of less than seven months. And, ammunition to arrest a rapid rupee slide, says Anup Roy.
FY16 GDP growth was seen at 7.5%, against 8.1-8.5% earlier.
RIL's standalone net profit rose one per cent quarter-on-quarter
The Swiss National Bank, the country's central banking authority, has estimated the funds currently held by Indians in Swiss banks at a mere $1.98 billion. Fear of disclosure due to greater scrutiny of this illicit wealth has played the main role in the flight of capital.
Markets have gone into a tailspin, the Modi govt must revive investment sentiment.
In his massive election rallies, Prime Minister Narendra Modi often caught voters fancy promising that each individual would get Rs 15-20 lakh in his bank account if he came to power.
Busting a major 'front running' case in the stock market, Sebi on Friday ordered impounding of unlawful gains worth nearly Rs 15 crore (Rs 150 million) from brokerage firm Sharekhan and 15 other entities.
It is strange that the wealthy evade taxes even though the marginal utility of the money saved amounts to little and tax rates in countries, including India, have dropped
The S&P BSE Sensex ended 46 points lower at 24,824 and Nifty50 settled at 7,555, down by 8 points after hitting intra-day high of 7,600.45.
Experts caution against tough times in Indian equity markets in 2015.
BJP's success in two state elections gave Modi room to cut through a thicket of regulations and state controls.
The 30-share Sensex ended lower by 61 points at 29,122 mark and the 50-share Nifty slipped by 12 points to close at 8,797.
The Sensex ended below 28,000 for the second straight day at 27,869.
The optimism in global markets could help India as the rebound in GDP is expected to continue and get more broad-based.
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!
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