Even as the World Bank has revised India's growth figures by 0.4 percentage points as compared to its January forecast, India remains the fastest growing major economy in the world, the World Bank officials said.
FMCG major ITC and private banking major ICICI Bank were the top Sensex losers
The Prime Minister's visit to Japan reinforces the strategic focus of global partnership between India and Japan.
India's real GDP growth is set to exceed 7 per cent for CY-2015.
Though most analysts expect the global central banks to keep the liquidity tap open, valuations of Indian markets, they say, are beginning to look stretched. Against this backdrop, they remain cautious, with some even expecting a minor correction from here on.
The new numbers did not apparently pass consistency checks with production, inputs, or movements in the National Stock Exchange.
This is the ninth consecutive month that the manufacturing PMI remained above the 50-point-mark.
The higher rate cut by RBI is positive for rate-sensitive sectors in the medium to long term.
'India's economy is growing faster compared to the developed economies of the world.' 'More importantly, it is growing faster compared to most of the developing economies.' 'The monsoon is not the only thing that drives the rural economy and certainly not the national economy.' 'It is too simplistic to reduce everything to the monsoon.'
It is mind-boggling to find our prime minister putting exports on the back-burner, says Jayanta Roy.
'Unemployment barely figures in the Budget except as a derived demand from the industry and infrastructure.' 'There is no effort at direct attack on unemployment.'
PowerGrid was the top gainer in the Sensex pack, rallying over 4 per cent, followed by NTPC, UltraTech Cement, Tech Mahindra, Reliance Industries and IndusInd Bank.
'Internet, healthcare and life insurance are a few sectors which offer solid long-term decadal potential.'
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
The real benefits can be seen when prices stabilise, preferably at levels acceptable to both consumers and producers.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Monsoons have had limited effect on market returns for a given year, report Sachin Mampatta and Sundar Sethuraman.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
At a time when capital allocations to real estate are growing globally, investors are expecting transparency standards in real estate to be at par with other asset classes, says Anuj Puri.
The total wealth of top 100 real estate barons accounted for Rs 2.37 trillion ($32.7 billion) in 2018, up 27 per cent against 2017's cumulative wealth of Rs 1.87 trillion ($28.6 billion).
The BSE Midcap and the Small-cap Index have run up 25.3 per cent and 31.3 per cent respectively over the past year. Valuations are no longer cheap, notes Sanjay Kumar Singh.
More activity in the IT, health care, services sectors; manufacturing firms keeping fingers crossed.
Broader markets outperformed with BSE Midcap and BSE Smallcap adding 0.23% and 0.45%, respectively
Tech is also being used to stem resignations, which have recorded a rise amid COVID-19.
Its internet penetration still matches up poorly to other countries
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Mr Prabhu has a big challenge ahead in implementing trade reforms to regain the lost export momentum, says Jayanta Roy.
'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.
Some of the top indebted companies likely to face financial headwinds in the coming quarters include NTPC, PowerGrid, Tata Steel, Adani Power, JSW Steel, UPL, and Steel Authority of India. Together these 201 companies owed Rs 14.9 trillion to their lenders at the end of September 30, 2019, up 4.1 per cent year-on-year (YoY) during the first half of FY20.
Bumper liquidity as a result of global central bank stimulus measures should prevent a sharper downturn.
'The real lifting of the economy will happen only if this momentum sustains in the coming months.'
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Investors often forget that the movements in indices such as the Sensex reflects the performance of its constituent stocks; nothing else.
In spite of the high decibel financial inclusion drive being carried out for the past three years, a Crisil study has revealed stark disparities in the spread of banking services, saying the top six cities are home to an astonishing 11 per cent of bank branches.
Trading in other derivative products in currency, commodities expected to begin soon.
The Nikkei India Manufacturing Purchasing Managers' Index (PMI) stood at 47.9 in July, down from 50.9 in June, its lowest mark since February 2009, and highlighted the first deterioration in business conditions in 2017 so far.
The advent of online talent communities and online job boards not only helps companies to find the right talent, it also helps employees to have more information about their preferred places to work.
Investor sentiment got a boost following remarks from the Russian President Putin that allayed fears of an imminent military conflict in Ukraine
RBI Governor Raghuram Rajan has noted the contradiction.
In the Anti Money Laundering (AML) Basel Index 2013 India has been ranked 93rd and 70th in 2012 and 2013 respectively out of 140 countries.
Expenditure cuts necessitated by slowing revenue growth, weak industrial activity worrisome portents
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