In the broader markets, the BSE Midcap and Smallcap indices extended gains and were up over 1% each
Known for stable returns, near debt-free status and dividend track record, these 10 PSU stocks are worth buying now.
India slips to second place on hiring outlook
Adani is the fastest growing energy company in Asia-Pacific and the second fastest in the world
Despite facing tough times for a while now, a May 2014 press release of Prakash Industries said it had added capacities in its steel melting and ferro alloys divisions.
Arun Jaitley rejected the charge that the government is pro-rich.
Custom authorities have been keeping strict vigil on the cargo movements from Bhutan, Taiwan, China, Afghanistan, South Korea Japan, and Dubai since January.
Inflation is down, growth is headed for recovery. RIL and subsidiary Jio are on an upswing. However, stressed loans and impending job losses are the dark clouds, says Devangshu Datta.
According to sources, Kingfisher Airlines allegedly diverted funds by opening a current account in HDFC Bank and had a balance of Rs 7.5 crore (Rs 75 million) as on date.
There are actually great similarities between the two PM
There will be uncertainty about outcomes,but one must hope for the best, observes T N Ninan.
Together, the top 10 business groups reported a pre-tax loss of Rs 19,342 crore during the January-March 2020 quarter, as against a profit before tax of around Rs 48,500 crore in the year-ago period and Rs 39,600 crore during the December quarter. While Vedanta was the worst hit. others included Aditya Birla, Bharti, Adani, Mahindra, and Tata.
Coal, land, insurance bills are cited as govt's commitment to reforms.
There were nearly 4,000 cabin crew with Jet when the airline was grounded; every fifth remains without a job to date. One cabin crew member with 10 years of experience has been forced to take up a teaching job; some have branched out into small businesses. Aviation jobs were scarce even before the Covid-19 pandemic arrived on Indian shores in early 2020. The situation has been exacerbated since.
Unlike RIL, the Adani group has not yet brought in any big stakeholders to refinance debt or expand.
The BSE Midcap and Smallcap indices have performed better than the front-liners
Tuesday's was the S&P's worst drop since August 24.
'How can middlemen disappear as long as our political parties are sucking in massive amounts of black money?' 'There is an old political art well practised in New Delhi -- people create artificial problems and then solve it for you to earn your gratitude for a lifetime.'
Global markets could correct 5-10 per cent. If that happens, Indian markets will correct about 10 per cent
Corporate India at present is more indebted than all state govts put together.
India lost around 38.5 thousand hectares of tropical forest in the last decade. Nearly 14 per cent of the country's tree cover! It is one thing for Modi to announce that India will reach a net-zero level of emissions in 2070. But if it is serious, it needs to start today, points out Ramesh Menon.
More than half the Sensex companies have declared their results for the third quarter and there are more positive surprises than disappointments.
Raghuram Rajan rejected the argument that inflation has come down largely because of "good luck" stemming from low oil prices.
Onion prices, however, continued to rule high with 79.78 per cent increase in September.
From announcing a lockdown and extending its tenure, setting up the country's first two exclusive Covid-19 hospitals, creating a hotspot zone, providing doorstep medical service and making masks compulsory, the state is doing all it can to dwarf the virus.
India needs to tread cautiously on the growth path.
Large and small businesses alike have delivered low-key performances.
Poor performance of the banking, oil and exploration industries have impacted corporate tax collections.
Loans make money for the lender in the initial years but losses come later when they turn bad.
According to a statement available on the Ministry of Statistics and Programme Implementation website, gross domestic product, consumer price index and index of industrial production will now be released at 5.30 in the evening.
After a sharp sell-off in the past two months, overseas investors were once again seen turning bullish on Indian equities. FIIs bought shares worth Rs 63.5 billion in the past five sessions, their highest weekly investment tally in many months.
The Goa CM knows running a coalition government while pursuing a development agenda will require a fine balancing act.
This is the best time to be in India, Prime Minister Narendra Modi said today as he wooed top Australian corporate honchos to invest in the country which is undergoing reforms to improve business environment.
'As the interest rates rise, people are going to say why should I be taking big risks when I can get 4 to 5 per cent in a bank account.' 'So, I think you have to change your thinking.' 'You need to look at the balance sheet, look at dividends.' 'These issues that have been ignored.'
As of now, 12 million Indians join the workforce every year.
Retail inflation has eased from double digits in 2013.
Managing expectations is a challenge for policymakers.
Mindtree, eclerx and Hexaware are trading at similar valuations to that of the larger peers.
With President Pranab Mukherjee voicing his objection to the 'ordinance route', senior ministers met here on Tuesday to discuss how to ensure that the ordinances issued recently are followed up with legislative action in the upcoming budget session in February.
Dealers attributed the rupee's fall to fresh demand for the US currency from importers
