Credit Suisse said $5.6 may work for Reliance Industries' R-Series gas field in the KG-D6 block but the economics for its satellite fields and NEC-25 block are uncertain.
Goldman says the downgrade reflects the more difficult external funding conditions for Asia as markets increasingly anticipate Fed tapering and eventual exit from unconventional monetary policies.
With little clarity on the demand outlook, investors should wait out the next couple of quarters rather than rush in to catch a falling knife, says Ram Prasad Sahu.
Finance -- the most battered sector by the global meltdown -- is making a strong comeback.
Terming the RBI action on Wednesday as a "pleasant surprise", analysts today cautioned that possibility of a rate hike in the future cannot be ruled out. Urijit Patel committee's report on monetary policy would clear the air on RBI's future stand, they added.
After turning net buyers for the fifth straight month till June, foreign portfolio investors (FPIs) withdrew a net of Rs 11,743 crore ($1.7 billion) in July. This was their highest outflow since October 2018.
This week's ShopRite LPGA Classic in New Jersey will mark a historic moment for Indian women's golf as Aditi Ashok and Sharmila Nicollet will be teeing up at the event for the first time ever.
Engineering giant Larsen and Toubro (L&T) is selling a third of its 6.9 per cent stake in Mahindra Satyam, formerly Satyam Computer Services. The transaction is expected to fetch Rs 304 crore (Rs 3.04 billion) for the company, said banking sources.
Concerns are swirling that Japan's dream of hosting the Tokyo 2020 Olympics could be a fatality of the spread of the new coronavirus, jolting organisers, sponsors, and media firms who have spent billions of dollars in the run-up to the event. Global insurers face a hefty bill if the coronavirus forces the cancellation of the Games, with estimates of the cost of insuring the showpiece running into billions of dollars.
The elections held in April-May 2019 will be an important determinant of future growth and investment.
'Through the course of the year, we expect the economic weakness generated by demonetisation will give way to normalisation of growth conditions.'
Top global brands such as Goldman Sachs, Deutsche Bank, Microsoft, Facebook and Texas Instruments visited the campus.
The drug that it would supply is called Olanzapine, used to treat schizophrenia and bipolar disorder.
Liquidity issues post the crisis at DHFL, progress of monsoon, rupee trajectory at the domestic level and oil prices are some factors that will keep markets choppy, analysts say.
It won't be an easy ride for the markets, reckon experts, considering the multiple state elections in 2018 and general elections next year.
Here are 10 global and domestic factors.
Work is underway in identifying global companies in sectors ranging from electronics, auto components and medical equipment to shift part of their existing or incremental manufacturing to India.
The Street was following the Karnataka election closely as a test for the Modi-led BJP's prospects in the 2019 Lok Sabha poll. Investors, however, are likely to wait for the next round of state elections to judge whether the momentum is still with it.
Despite a slowing economy, the Budget does not envisage any major stimulus through the budgeted fiscal deficit figures, said Goldman Sachs.
FPIs are currently capped at 5 per cent of the total outstanding government dated securities, and own 4.5 per cent
At the current market price of the stock, that stake would be valued at about $1.5 billion.
Tomokazu Seo of Nomura Securities says that the global appetite for risk is selective, but is positive for India.\n\n
RBI's draft guidelines on computation of base rate, if implemented in its current form, will significantly impact the profitability of banks.
The sharp fall in oil price is positive for oil marketers as subsidy concerns reduce further.
Prospective suitors for the 67 per cent Hutchison stake in its Indian operations are likely to submit their bids by mid-night in Hong Kong, which could include a fifth player - Altimo of Russia - in the fray.
In her weekly QnA with Rediff readers, life coach and mental health guru Anu Krishna addresses issues relating to mental health and offers solutions.
Top gainers in the Sensex pack included Hero MotoCorp, Maruti, M&M, Bajaj Auto, HUL, HCL Tech, Bajaj Finance, ITC, HDFC and L&T, rising up to 7.51 per cent.
Analysts agree China, Greece and US Fed developments need careful monitoring but India should gain, over time, from relative rise of the dollar and fall in commodity prices.
Low-cost carrier SpiceJet said on Monday it had signed a $1.1 billion deal for sale and lease back agreement, covering 16 brand-new Boeing aircraft.
The report further noted that inflation is expected to fall to 4.5 per cent by quarter ended March 2017.
Growth impulses, while improving, remain fragile, and a rate hike will be disruptive to interest costs.
There will be pressure on the fiscal situation, especially at a time when the monsoon can also disappoint. More populist expenditure is on cards if the mandate is a hung Parliament or a coalition government.
Takahide Kiuchi, Senior Economist, Nomura Securities believes that Bank of Japan is likely to take a 'wait and watch' stance on rates.
The minders of the Modi government's economic policy believe it would take 7 to 8 quarters -- or till around late 2018 -- for the economy to reap the rewards of demonetisation.
Will demonetisation lead to a rate cut, leading to higher quantum of lending?
HDFC and HUL are the latest entrants in the club
Leading brokerages Nomura and Barclays on said current account deficit, which unexpectedly improved to 4.8 per cent in 2012-13, but still at a historic high, could moderate further this fiscal on slowing gold imports and cheaper commodities.
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