HSBC maintained "overweight" rating on Indian equities, saying "fundamentals are strong".
'We are all in a tizzy about NBFCs in the aftermath of the IL&FS default.' 'We tend to jump to the notion that an NBFC is like a bank. But banks make a promise that deposits are liquid and have an assured return.' 'NBFCs make no such promises,' points out Ajay Shah.
The elements are all aligned to make India a global powerhouse, says IMF Managing Director Christine Lagarde.
The amount would depend on the time period that would elapse from the start to when capacity reaches 1.5 million cars
Officials said Sebi first proposed to the FinMin to amend the relevant provisions in the Sebi Act to discontinue RBI's representation on its board, as it already has adequate presence of government nominees and in its over 25 years of existence the regulator has evolved as an "effective and one of the best in the world".
'Don't panic. Believe in yourself.' 'This is a preventable illness. Only you can prevent it.'
Here are the key highlights of the Interim Budget 2019-20 presented by Finance Minister Piyush Goyal in the Lok Sabha on Friday.
Hena Mehta will answer Your Questions on personal finance on a weekly basis. Please mail your questions to getahead@rediff.co.in with the subject line 'Personal Finance Query' along with your name and Hena will offer his helpful advice.
Harassment, corruption and the burden of compound interest for years are also the reasons.
In his press conference on Wednesday, Trump targeted drug-makers and vowed to bring back production in the US.
Banks are clear that lending rates are not going to fall further, say Hamsini Karthik and Anup Roy.
A well-run non-banking company has better margins than a bank, but the objective of setting up Ujjivan was to provide comprehensive financial inclusion, Ujjivan Small Finance Bank MD & CEO Samit Ghosh tells Anup Roy in an interview.
NDA government has shunned populism.
A coalition of over 150 US-based academicians back Prime Minister Narendra Modi's visit to Silicon Valley next week and counter refute 130 US-based South Asian academics who oppose the Modi visit and his Digital India initiative.
According to latest data, FIIs have made a net investment of Rs 2,132 crore (Rs 21.32 billion) in the stock markets in December.
Tata Sons, India's biggest business group, and firms controlled by billionaires Anil Ambani and Kumar Mangalam Birla are among the 26 companies that have applied for licences to open banks.
The lower yield is better for property landlords as it indicates an appreciation in the capital value of the property, says Raghavendra Kamath.
The issue is likely to be discussed on Thursday at a meeting of Sebi's board, which would also be apprised of the impact of the Finance Ministry's decision for not agreeing to such a proposal from the capital markets regulator, sources said.
A new generation of scholars -- this time, sociologists and anthropologists, who hitherto have been busy with researching social practices of primitive tribes and social structures like India's caste system -- are starting to cast their eyes on the financial sector.
Promoters' holding in private sector BSE 500 companies declined to 43.4% in Sept
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
Investment bankers handling the IPO had said marquee global investors made big-ticket applications.
'We are rolling out a vaccine when we don't even have the phase 2 trial results; forget about phase 3 trial results.' 'Why are we playing with people's lives?'
If new goals have emerged, this is the time to make fresh investments.
Taxpayers can claim a deduction on tuition fees for a maximum of two children.
India has made a remarkable journey from a top-down system of economic decision-making to one that unleashed our entrepreneurial spirits but the next big jump lies in enhancing the quality of our tale.
Motilal Oswal, chairman and managing director, Motilal Oswal Financial Services, tells Puneet Wadhwa that with Moody's upgrading India's sovereign rating and earnings growth coming back, the country will remain a hot destination for foreign investors.
Tamal Bandyopadhyay, columnist and author of several books like From Lehman to Demonetisation: A Decade of Disruptions and Sahara: The Untold Story, tells Rediff.com why Yes Bank depositors should not panic and the current crisis at India's fifth largest private lender does not pose any systemic risk.
Asset managers are betting big on ETFs these days.
People who have no access to or do not trust the financial system are the only ones for whom investing in gold makes sense, says Naval Goel.
India will welcome two trade missions in 2015 focused on meeting its infrastructure needs with US technology and services.
'We are dealing with a size of the world that equaled England and France combined. We are talking about 250 years of history.' Sultans of Deccan India, 1500-1700: Opulence and Fantasy -- a first of its kind exhibition anywhere in the world -- opened at the Met, April 20. Aseem Chhabra spoke to Navina Haykel, the curator of the show.
According to a nation-wide survey on financial behaviour, India has the highest account dormancy rate even more than countries like Kenya, Tanzania, Uganda, Nigeria, India, Pakistan and Bangladesh.
Offloading shares in ONGC, CIL, NHPC may fetch govt more than the year's target.
'The banking sector appears to be on course to recovery,' declares the RBI governor.
'It is a worrying trend as we are not seeing too much fresh capital being raised for new projects, plants, expansion or diversification. It's just private equity or venture capital or promoters cashing out.'
Benchmark share indices trimmed intra-day gains after global crude oil prices resumed their downward trajectory after sharp gains on Friday.
Bandhan Bank to fund SMEs, create jobs, says FM
China's Xiaomi to unveil its first India-made phone on Monday
Demonetisation is the biggest reason for the rise in preference for small savings.