Investors lost around Rs 1.57 lakh crore in market valuation on Friday.
Issuance of new bank licences proves that the apex bank wants the financial sector to flourish.
With the advent of new banks, IT firms will get boostto their businesses.
Standard and Poor's raised the outlook for India's "BBB-minus" rating back to "stable" from 'negative,' saying Prime Minister Narendra Modi government's 'strong' mandate would allow it to implement fiscal and economic reforms.
Ajit Mishra, vice president, Research, Religare Broking, answers readers' queries on stocks they own or want to buy. Here are his replies to some of the 'buy, sell, hold, avoid or exit?' e-mails that we have received.
Indian companies are now more confident about the execution skills of local banks.
India's rank inched up by just one position to 130 in last year's Doing Business Survey by the World Bank.
Though the sum was nowhere close to the big-ticket monthly purchases seen during the 2004-2008 bull run, it is significant, as it confirms the reversal of a selling spree that began in September 2013.
From zeroing in on the best means for stake dilution to moving beyond microfinance, Bandhan navigates a tough path. Namrata Acharya reports.
In similarly-worded notices of attachment dated October 17, Sebi asked 11 banks, including ICICI Bank, Bank of Baroda, HDFC Bank, IDBI Bank, Indian Overseas Bank and Standard Chartered Bank, to attach the accounts of the three individuals.
The largest e-commerce entity of China is setting up its first India office -- an indication that it intends to capture a pie of the growing e-commerce market here. Raghavendra Kamath & Alnoor Peermohamed report.
Markets will remain closed on Thursday, 12 November 2015 on account of Diwali Balipratipada.
In a bid to woo foreign investors, the Indian Railways is planning to organise road shows in select countries showcasing opportunities for investment in the rail sector.
How investors can tweak their fixed income investments to earn more in the current environment.
Commercial banks have not yet reduced their lending rates.
Even as you fight the ongoing health challenge, here are some tips to strengthen your personal finance in the time of coronavirus.
Aditya Birla Nuvo gets board's nod, Videocon submits application.
For longer tenure products, they offer higher returns compared to other instruments. But for shorter tenures, things are getting tighter for investors.
Parekh ensures that he never forgets the importance of correctness.
There was no word on whether or when Patel would be talking to the media about his priorities and plan of action as head of Mint Street
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2014 made a lot of promises; can the new year deliver?
There is a huge opportunity for foreign investment in India as the government focuses on rapid infrastructure development in the country, Finance Minister P Chidambaram said.
The central bank gave 11 entities licences to start payments banks.
The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting impact.
If the new governor can think out of the box even as he signals that he can bat for the RBI cadre and respect its institutional memory, that will go a long way in getting out of the current impasse.
Known for stable returns, near debt-free status and dividend track record, these 10 PSU stocks are worth buying now.
Markets now expect the Fed to normalise rates gradually.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Raising concern about over-dependence of Indian capital markets on foreign institutional investors, eminent banker Deepak Parekh has said that something needs to be done to change this pattern.
Government sources say India could consider raising the policy repo rate if the rupee falls towards 61-62 to the dollar.
Experts say a turnaround may happen after the general elections.
The banking sector is set to move at a fast pace from hereon.
It is best not to get carried away by returns or take a short-term view of the markets, says Bhavana Acharya.
Intensifying competition and possibility of further legal action to test expectations of recovery.
Most adult Indians should have access to bank deposits, credit and remittance facilities as well as insurance and mutual fund products in the next decade, and technology will play a big role in this transformation, says Tamal Bandyopadhyay.
Based on this screening, the committee may weed out applications that do not meet the eligibility yardstick or the 'fit and proper' criteria for securing a licence.
Dy Governor notes it's an era of job changes for better.
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Reliance, Birla Group, Airtel eye small finance banks.
Thanks to Rajan we are an inflation-targeting country now
Among the index heavyweights, Reliance Industries ended down 1.9% while mortage lender HDFC eased 0.2%. FMCG major ITC ended down 1.3%.
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