The 30-share Sensex lost 22 points to close at 27,090 and the 50-share Nifty gained 7 points to end at 8,121.
Anil Kumble has been paid his dues of close to Rs 1 crore by the Board of Control for Cricket in India, marking a closure to his acrimonious episode as the head coach of the Indian cricket team.
It is not just a mere coincidence that the change in the government's response happened when Chidambaram took charge.
India's GDP is estimated to contract by a record 7.7 per cent during 2020-21 as the COVID-19 pandemic severely hit the key manufacturing and services segments, as per government projections released on Thursday. Amid overall decline in economic activities, some respite was provided by the agriculture sector and utility services like power and gas supply, which have been projected to post positive growth during the current fiscal ending March 2021.
The 50-share NSE Nifty ended flat, up by 9.85 points, or 0.09 per cent, at 10,399.55.
Impressed by his amazing ability to win matches from nowhere, a British newspaper has likened Mahendra Singh Dhoni to the great Michael Jordan and said there is no better candidate than the Indian cricket captain for the sportsman of the 21st century award.
Investor wealth on Tuesday swollen by over Rs 1 lakh crore on all-round buying in stock market after credit rating agency Moody's said India's outlook is stable and agreement over debt relief package to Greece that boosted markets globally.
BCCI's Cricket Advisory Committee member Sourav Ganguly explains why they decided to defer the naming of India's new coach. Harish Kotian/Rediff.com listens in.
The SBI report, however, said the economic growth rate will pick up pace in 2020-21 to 6.2 per cent.
'We will infuse the next tranche of recapitalisation by mid-December. Close to Rs 42,000 crore remain to be infused as capital in public sector banks in the current financial year,' a senior finance ministry official said.
The rupee's stability in the last 12 to 18 months made corporates reduce hedging
The seventh seeds overcame the Czech pair of Lukas Dlouhy and Pavel Vizner 7-5, 6-3
Equity benchmark Sensex tumbled 674 points on Friday, weighed by losses in banking stocks as an unabated spike in new coronavirus cases fuelled uncertainty over the economic impact of the pandemic. After hitting a low of 27,500.79 during the day, the 30-share BSE barometer ended 674.36 points or 2.39 per cent lower at 27,590.95. The NSE Nifty shed 170 points, or 2.06 per cent, to finish at 8,083.80.
The tri-series in Australia, India's final ODI engagement before the World Cup, gets underway on January 16, says Chandresh Narayanan, casting a fascinating look at the survivors from earlier World Cups.
Former Australia batsman Darren Lehmann was on Thursday named the new coach of Kings XI Punjab for the sixth edition of the Indian Premier League.
Having missed the first two weeks of the Indian Premier League (IPL) due to a fracture on his hand, Sunrisers Hyderabad batsman Shikhar Dhawan is hoping to return to action "very soon" and is awaiting a clearance from the NCA.
Stating that COVID-19 has not yet been contained in India, the rating agency in a statement said the government stimulus package is low relative to countries with similar economic impacts from the pandemic. "The COVID-19 outbreak in India and two months of lockdown -- longer in some areas -- have led to a sudden stop in the economy. That means growth will contract sharply this fiscal year (April 2020 to March 2021)," it said. "Economic activity will face ongoing disruption over the next year as the country transitions to a post-COVID-19 world."
The announcement by Standard & Poor's (S&P) on Wednesday to cut its outlook for India from stable to negative should cause no surprise, even though it comes barely five days after a similar exercise by Moody's, which had retained its outlook on India as stable.
Rural slowdown may delay growth in the economy.
The growth in the PV segment was primarily led by car market leader, Maruti Suzuki India, which saw its dispatches to dealers grow 4.4 per cent YoY to 144,277 units after 10 months of drop. It was driven by new launches, such as the S-Presso, a mini sport UV.
Businessman P C Mustafa wants Indian Americans to return home, Cognizant CEO Francisco D'Souza outlines how Indian tech companies could grow, Gaurav Dalmia has some investment recommendations while Subramanian Swamy warns that India is flirting with a debt trap.
The downgrade threat comes in the backdrop of growth slowing to a nine-year low of 5.3% in the fourth quarter of 2011-12, high inflation
India this year will emerge as the world's seventh largest economy, up from the 12 th position in 2008.
This move was triggered by a whistleblower complaint sent to Sebi against senior management interference in ensuring good ratings specifically in IL&FS and its subsidiaries.
The economic activities that registered growth of over 6 per cent in the second quarter are manufacturing, electricity, gas, water supply, other utility services and trade, hotels, transport and communication, and services related to broadcasting.
Sukanya Verma tells us just what makes Mirch Masala a must watch.
Besides Shastri, Rahul Dravid has been appointed as the team's overseas batting consultant and Zaheer Khan as the bowling coach by the three-man CAC team.
Meet Bhumika Arora, 29, who made the cut!
India's growth outlook has weakened sharply this year, with a crunch that started with the non-banking finance institutions spreading to retail businesses, car-makers, home sales and heavy industries.
India's Test skipper Virat Kohli on Thursday welcomed new head coach Anil Kumble into the team saying he is looking forward towards work with the legendary leg-spinner.
'The Indian economy is in slowdown and growth may stay slow,' notes Devangshu Datta.
132 Tests. 271 ODIs. 619 Test wickets. 337 ODI wickets.
Marking a breakthrough in the protracted talks in the French Rafale jet deal, Prime Minister Narendra Modi announced on Friday that India will purchase 36 of these fighter planes that are ready to fly, citing critical operational requirement of the Indian Air Force.
Modi said a separate rating agency would help the economies of the member countries as well as other developing nations.
Government asks banks to furnish capital, ratings and NPA details.
The Board of Control for Cricke in India decided to invite more applications for the post of Indian team's coach to give Cricket Advisory Committee (CAC) a wide range of options to pick a suitable candidate.
The overall breadth was extremely positive as 1,714 stocks advanced while 1,008 stocks declined
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