Will this announcement have any material impact on the stock price when the markets open for trade on Monday, April 18 at 9.15 am?
The 30-share Sensex was up 188 points at 28,415 and the 50-share Nifty was up 58 points at 8,584.
'Poverty-stricken and drought-affected families in Bundelkhand and Marathawada are selling their children for as little as a few hundred rupees.'
FY16 saw the highest number of new product launches in a year from Maruti
'If such inflows materialise, what will be the effect on the rupee's value -- and therefore on exports growth, the only sustainable path to recovery?', asks Mihir S Sharma.
The Trump administration is reportedly moving ahead with its decision not to give work permits to the spouses of H-1B visa-holders, arguing that this displaces genuine American workers.
India's share in world tourist inflows was only 0.64 per cent in 2012. It could only attract 6.97 million foreign tourists during 2013.
BJP loss could trigger a correction
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
Some workers in India were also make to work on Sundays and national holidays "in sweltering heat, without adequate supply of clean drinking water or any breaks".
Financials were the top losers after sharp gains in the previous session along with ITC
High interest rates and prices mean low affordability. Also, developers have huge inventories.
Traders estimate lower vegetable output this year.
'Fear psychosis has gripped the entire world.' 'Nobody is going to enter shops freely in the next 5, 6 months.' 'Secondly, the priority has changed.' 'Now that they have seen the bottom of the economy, people will prefer to save for tomorrow.'
'In the past the US has been reluctant to name Pakistan directly in an US-India joint statement.'
All the 27 public sector banks together have market share of about 70 per cent.
New text is "ambitious and balanced"
The task of Union Finance Minister Arun Jaitley to keep inflation under check, even when the country reeled under severe drought for two years in a row, and reduce the current account deficit, was made easier by low crude oil prices.
A glance back at some important events that occurred in 2018.
Modi said there were a slew of 'matching priorities' between the business council and that of his administration, including dismantling trade barriers, promoting skills development, establishing manufacturing supply chains and infrastructure development.
Major General Sujan Singh Uban, a legendary veteran of the Second World War, was a natural choice to raise, train and command the Special Frontier Force and mould them into a well oiled fighting machine, recalls his son Inspector General Gurdip Singh Uban (retd), who led SFF troops during the Kargil War.
Weak monsoon forecast rekindled fears of higher inflation.
A section of analysts feel now may not be a bad time to buy select PSBs.
'It is in electronics that the gap between where we are and where we need to be is most obvious and most persistent.' 'It is not only a national security issue, but also a commercial issue,' argues Rajeev Srinivasan.
While demand for hair care products is increasing in both rural and urban markets, urban consumers have proven to be more extravagant, reports T E Narasimhan.
India's jewellery consumption in Sept quarter increases 5% to 193 tonnes.
"We respect the Supreme Court order. We will take suggestions from legal experts to see whether there can be a middle path," Sharma said.
Surat houses more than 650,000 powerlooms. Of this, at least 60 per cent have been shut since a month, a loss of Rs 900 crore, finds out Vinay Umarji.
India is also likely to push for a Free Trade Agreement with the Eurasian Economic Zone and is sharing details of the study it conducted in this regard.
As of now, 12 million Indians join the workforce every year.
Be it consumer products, lifestyle or entertainment, spiritual gurus are stepping into business and are finding success
The 30-share Sensex ended 53 points higher at 28,439 and the 50-share Nifty closed 18 points higher at 8,494.
23 Nifty companies reported an annual decline in net profit.
With rest of the world showing no signs of growth and headwinds ahead for US growth, chances are that we might continue to see central banks pumping money into their economies
The Gomti Riverfront Development project, the Agra-Lucknow Expressway, the Jai Prakash Narayan International Centre and the efforts towards the beautification of Old Lucknow are some of Akhilesh Yadav's initiatives that are the subject of investigation.
India stands at an embarrassingly low 130 among 190 countries in the World Bank's Ease of Doing Business rankings. But in our worry over it are we forgetting the big picture -- to make India an attractive investment destination -- wonders Avirup Bose.
Making a strong pitch for greater connectivity with the diaspora youth, Overseas Indian Affairs Minister Vayalar Ravi on Tuesday said partnerships between young Indians in the country and those residing overseas in industry and social sectors would create jobs and bring prosperity.
Traders have all but given up attempting to predict where the new-year rout will end
'In many parts of the country, the empty nest-and-empty-nest egg story is a painful boom-to-bust saga.' 'Among the old and young, it is hitting pockets hard, in a linked chain of debt-laden banks, corrupt politicians and builder mafias and disastrous government policies,' says Sunil Sethi.
Workers being laid off will be entitled to full wages of 45 days for every year of service.
