Markets finished lower for the sixth consecutive day as hopes of the Goods and Services tax (GST) bill being passed in the current session of the Parliament faded considerably.
With a sole mandate of inflation targeting, RBI wears many hats.
BSE Metal and Capital Goods indices plunged over 2% followed by counters like Consumer Durables, Auto, Banks and Realty, all falling down between 1-2%.
CBI sources said the shell companies were allegedly being used by the suspects to divert loan funds meant for specified purposes, creating fake invoices, and 'round-tripping' of funds to evade taxes and generate black money.
Auto stocks are weighing on the indices.
Substantial gains can still be made with good policies and initiatives.
Subramanian Swamy said if income tax is abolished, middle class will deposit money in banks which can be invested in manufacturing.
The Indian regulator played key role in uncovering the identity of two Indian men who floated the scheme
Faced with sluggish economic growth and dwindling exports, China on Wednesday devalued its currency for the second consecutive day.
India must have a "contingency plan" in place to ring-fence the country's economy if the political showdown in the US leads to a default on its international monetary obligations, industry body Assocham said.
Because of India's weak fiscal position, the plethora of debt-burdened infrastructure companies and the poor asset quality of public sector banks, economic growth in 2015-16 may be limited to about six per cent, say Shankar Acharya.
Financials were the top losers after sharp gains in the previous session along with ITC
In 2016, almost two-thirds of Indian imports that appear to be most at risk for some degree of potential revenues losses are imports from just one country, China, which was by far India's largest source of imports in that year
Half of the sharp rise in stocks in 2014 was driven by re-ratings - rise in price-to-earning ratios on hopes the new government would turn around the economy which will reflect in corporate earnings.
Valuations are much higher than the consensus earnings expectations warrant and also much too high in historical terms, says Devangshu Datta.
Government-owned companies are more generous in rewarding their shareholders with dividends.
Market experts say booking profits could be unwise. If you are nervous, go for dividend-yield stocks.
Rate sensitive sectors rallied the most led by banks while metals surged on rebound in commodity prices
China continues to hold out on fingering Pakistan as the 'mothership of terror,' declaring Masood Azhar a terrorist at the UN, and India's membership of the NSG, says China expert Srikanth Kondapalli.
The expansion in equity market volumes is driven by retail speculators indulging in heavy trading of complex derivatives that are economically unproductive, say Praveen Chakravarthy and T V Somanathan.
Shed suspicion and manage differences to improve Sino-Indian ties, says Chinese Foreign Minister.
As someone with nostalgia for the good cheer and friendly feelings of Brazilian people, former Ambassador to Brazil B S Prakash can only hope that when they see on their TV screens their President being feted on Rajpath, they will sense India's goodwill for Brazil.
'Modi has said the poor are sleeping peacefully and the rich are buying sleeping pills.' 'The reality is the other way around.' 'Poor people are not able to sleep because of hunger.'
Last year, the US assistance to Pakistan was $534 million.
Syed Firdaus Ashraf lists 10 ways in his life has improved under the first Modi Sarkar.
The derivatives expiry on Thursday is also expected to add to the volatility.
For retail investors who are into direct stocks, buying one when it enters the index can be a good strategy.
'The easy availability of funds has enabled us to not only hire the best faculty, but has also made it possible for us to retain them with the best possible infrastructure -- labs, grants etc,' Ashoka University VC Malabika Sarkar tells Geetanjali Krishna.
Rise in investor sentiment, return of risk appetite aid shares across the board
The Asian markets are largely trading in the green, taking heart from a positive close on Wall Street.
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
Secretary of State Mike Pompeo said that countries like India, if it gets the exemption, would be asked to bring down their oil imports from Iran to zero in six months' time.
Demand among several pre-Budget representation by BSE Brokers' forum
Top companies in China are valued at 7.7 times the trailing 12-month earnings against a P/E ratio of 18.6 times for Nifty 50 companies.
Tata Mutual Fund's 'own a piece of India' offering is suitable for informed investors.
Analysts say those taking exposure through stocks could look at firms focused on domestic business
Amid a spurt in terror attacks in various countries, Prime Minister Narendra Modi on Thursday said terrorism is the "gravest threat" to the world, "equally impacting" India and Mozambique which agreed to strengthen security and defence ties and bolster cooperation in food security.
Moody's said India's current account deficit (CAD) has narrowed significantly from 4.8 per cent in 2012 to 1.4 per cent in 2014.
At the time of filling the KYC (Know Your Customer) documents (when joining), do not sign wherever you are asked to. In particular, look closely at the power of attorney (PoA) section, experts tell Sanjay Kumar Singh
Stability in currency markets was only restored from September.
