IndusInd Bank, Infosys, Maruti, Vedanta, Hero MotoCorp, Tata Motors, ONGC and RIL too fell up to 4.96 per cent.
Other losers included Maruti, Kotak Bank, Hero MotoCorp, Bajaj Auto, IndusInd Bank and Bajaj Finance, that shed up to 1.79 per cent.
Research and ratings agencies like Icra and Moody's have said the CAD in 2018-19 would be much higher than 2017-18
Fitch had last upgraded India's sovereign rating from BB+ to BBB- with a stable outlook on August 1, 2006.
Is Kohli not a great captain in spite of so many wins? My answer is, yes, declares Dr Sudhir Bisht.
Look how these models are spreading the festive cheer.
List of French Open women's singles champions:
Amid the rituals of Maha Ashtami (the third day of the five-day festival), Pranab Mukherjee spoke to Shine Jacob on the Moody's downgrade of State Bank of India and other issues.
The country's GDP grew at the fastest pace in seven quarters at 7.7 per cent in the January-March period, retaining the fastest growing major economy tag on robust performance by manufacturing and service sectors as well as good farm output.
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.
Moody's rates India's outlook at stable.
'It may sound like sacrilege, but does it really matter if the global raters downgrade India for fiscal slippage?' asks Tamal Bandyopadhyay.
Business failures rise when growth declines. When Indian growth slowed in the last decade, defaults increased. This is the normal working of the market economy, points out Ajay Shah.
The fair sex finds moody bad guys more attractive than cheerful men sporting a smile, says a new study.
Amid projections of up to over 9 per cent growth in Indian economy this fiscal, ratings firm Moody's has cautioned against overheating that can result in probable asset bubbles.
Following Serena Williams's win over Angelique Kerber for her 7th Wimbledon crown, here is a list of Wimbledon women's singles champions since 1922:
AB de Villiers has said the Indian Premier League (IPL) should do away with large fines for slow over rates and shorten innings breaks to 10 minutes
Sunrisers Hyderabad on Saturday named England batsman Alex Hales as the replacement for David Warner for the upcoming 11th edition of the Indian Premier League, starting next month.
Aseem Chhabra lists his favourite Indian films of 2021.
The record contraction in the growth rate of eight core sectors will have its impact on IIP.
'Don't get me wrong I'm not condoning what was done/said. I'm saying let's use this opportunity to educate each other so it doesn't happen again. One can only apologize if he/she feels wrong about something. I'm confident & proud to be black. That will never change'.
Portfolio returns, say analysts at Morgan Stanley, are more likely to be driven by bottom-up stock-picking rather than top-down macro forces.
Yes Bank was the top gainer in the Sensex pack rising 5.80 per cent, followed by Tata Motors, ICICI Bank, IndusInd Bank, Axis Bank, Kotak Bank and Tata Steel.
Check out the Sunrisers Hyderabad squad for the eighth edition of the Indian Premier League.
What worked for the markets was favourable global investor sentiment and encouraging flows into the emerging markets following stimulus measures taken by central banks.
'I might in the future step out of a Dileesh Pothan movie not completely satisfied, but content I'll be in the knowledge that our greatest living film-maker had failed striving to be something more than just an auteur,' notes Sreehari Nair.
Though the NDA government had been trying to privatise 20 companies, a decision for which was taken in 2017, and included national carrier Air India, the investor community evinced little enthusiasm for any of them. Now, with an in-principle approval for privatisation of BPCL, CCI and SCI, the government has taken the plunge again.
The government needs to play greater role in taming inflation by reining in spending, as the Reserve Bank of India's tightening of its policy rates will have little impact on checking price rise, global research firm Moody's said on Friday.
The 30-share Sensex ended higher by 177.46 points at 28,885.21 and the Nifty gained 63.90 points at 8,778.30.
Finance Ministry is expecting a rating upgrade by credit agencies by the year-end on the back of policy initiatives.
Rapid growth in manufacturing and services will put pressure on the Reserve Bank to hike key policy rates at its next meeting in April or even before that, says the research arm of the global rating agency Moody's.
'The good news is that money continues to flow into India-focussed offshore funds.'
S&P Global Ratings on Wednesday lowered India's economic growth forecast to 5.2 per cent for 2020, saying the global economy is entering a recession amid the coronavirus pandemic. The agency had earlier projected a growth rate of 5.7 per cent during the 2020 calendar.
The Indo-Zimbabwe pair, who were runners-up in the tournament last year and have the 2008 US Open and the 2010 Australian Open crowns to their name, will take on 11th seeds Wesley Moodie/Lisa Raymond (South Africa/United States) in the final.
Novelis is expected to come out with its March quarter earnings on Friday and a decision on its rating will follow soon after.
'The slide in growth has arisen primarily because we have an NBFC crisis on top of a banking crisis,' points out T T Ram Mohan.
The Indian banking sector faces the challenge of tackling rising defaults due to slowing economy, even as the banks in the country do not have toxic assets, which triggered financial crisis elsewhere, rating agency Moody's said.
In its quarterly monetary policy review on January 29, the RBI had announced a 0.75 per cent raise in the cash reserve ratio, or the amount banks need to park with the RBI, from 5 per cent earlier.
Former India spinner Venkatapathy Raju explains the mysteries of spin bowling.
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