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.
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.
Mitchell Starc claimed his second hat-trick of the match to lead New South Wales to a 171-run victory over Western Australia in the Sheffield Shield on Tuesday.
They were knocked out by top seeds Wesley Moodie and Fabrice Santoro at the Hall of Fame Tennis Championships in Newport.
For the current fiscal which ends on March 31, it put the real GDP estimate at 5 per cent. It estimated a 7 per cent growth in 2022-23 and 2023-24 fiscal years. The inflation rate was seen moderating to 4.4 per cent in the next fiscal from 4.7 per cent in the current.
While Sochi scrambles to get ready in time for Friday's opening ceremony, the International Olympic Committee cast its eyes past the most expensive Games ever staged and began to look for ways of revamping the global sporting spectacular.
Sri Lanka captain Mahela Jayawardene said his team is undaunted by India's 3-1 victory over the West Indies.
The Pakistan Cricket Board (PCB) has made up its mind to appoint former Australia batsman Dean Jones as chief coach of the Pakistan cricket team.
The match against Mumbai Indians will haunt the Sunrisers Hyderabad. Disappointed at their loss against Mumbai Indians, Sunrisers Hyderabad coach Tom Moody said that his team lost the momentum in the middle and fell short by at least 15 runs in their Indian Premier League match.
Sukanya Verma tells us just what makes Mirch Masala a must watch.
The budget has strong growth impulses and response of the economy is positive.
It was a dream come true for Afghan players Mohammad Nabi and Rashid Khan to be part of the Indian Premier League and both want to make a mark during their stint with the Sunrisers Hyderabad.
While there has been a rash of growth estimate cuts, including a 0.70 percentage point reduction by the RBI last month to 6.1 per cent, the Japanese brokerage's estimate is so far the lowest.
Billionaire Mukesh Ambani's Reliance Industries has announced the contours of carving out of its oil-to-chemicals (O2C) business into an independent unit with a USD 25 billion loan from the parent, as it looks to unlock value by selling stakes to global investors like Saudi Aramco.
Like in Brazil, India's government has only limited opportunities to provide some fiscal stimulus to offset a possible slowdown in capital flows, Moody's said.
A week before the US presidential elections, Republican nominee Donald Trump has taken a slender lead of one percentage point against his Democratic rival Hillary Clinton for the first time since May in a major national tracking poll.
It's hard not to get skin tingles when you see these stunning images. They are winning pictures and shortlisted entries from the sixth annual International Landscape Photographer of the Year competition. More than 3,400 photos were entered into the contest from both amateur and professional photographers from around the globe. The shots feature everything from remote beaches to moody mountain ranges.
We've been carrying Deepak Kirpalani's Punjab travelogue. We begin from where Kriplani left us last -- in freezing cold in 'the city of the magician'.
The former Australia wicketkeeper joins former England coach Trevor Bayliss, who was appointed Sunrisers head coach last month.
Rediff.com's Harish Kotian checks out how much India's cricket coaches -- from John Wright to Ravi Shastri -- have been paid.
Simona Halep became the first Romanian in 40 years to lift the French Open trophy at Roland Garros on Saturday.
'Some months before his death, when I had inquired about his health, he was annoyed that people assumed the worst.' '"I am not going anywhere," Rishi snapped as only he could.'
'I had the strangest feeling that my childhood home had burnt and disappeared on my parents' funeral pyres,' he said. Hardly any of his family lived there now. Migration or death had claimed them all. It seemed to be full of strangers. 'Then I realised that from their perspective, perhaps there was only one stranger -- me..." Babu Lal tells Geetanjali Krishna.
Dave Whelan, owner of Championship side Wigan Athletic, has been charged by the FA for insulting Jewish and Chinese people in a newspaper interview.
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.
Mahesh Bhupathi and Wesley Moodie rallied from the brink to beat Arnaud Clement and Michael Llodra in the men's doubles second round at the Australian Open.
The seventh seeds overcame the Czech pair of Lukas Dlouhy and Pavel Vizner 7-5, 6-3
The Indian doubles ace and his new partner Wesley Moodie of South Africa lost to Oliver Marach and Lukasz Kubot at the Doha Open.
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.
Growth forecast has been lowered owing to tepid growth in the first half of 2017-18, the lingering effects of demonetisation, transitory challenges of GST, and some risks to agriculture stemming from a spotty monsoon.
'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.
'We expect a pick-up in the second half of the current fiscal. But before that, data is likely to show a further slowdown. The second quarter print is likely to be worse than the first quarter,' said a senior official.
The safest banks are those that have shown their strength in times of turbulence.
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.
Piramal Realty received equity funding from Warburg Pincus and Goldman Sachs in July.
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.
As India raised its pitch for upgrade of ratings from the current lowest investment grade, Atsi Sheth, vice-president and senior analyst, sovereign risk group, Moody's Investors Service, tells Business Standard that she does not foresee any movement from the current grade in the next 12-18 months.
