'The attacks made clear to all the Gulf States that Pakistan was the nursery and sanctuary of extremist violence and that this violence threatened all the countries in the region.'
Bank Nifty pared all its intraday gains to end over 1% lower led by losses in BoB, ICICI Bank, Axis Bank and Bank of India
Investor confidence has evaporated amid fears over the rising cost of funding India's gaping current account deficit, prompting New Delhi to delay plans to raise much-needed funds through partial privatisations, finance ministry sources said.
Cairn has slashed its planned capital expenditure (capex) by 60 per cent to $500 million against the earlier $1.2 billion.
Sources privy to the development said Maran was being asked to take care of a part of the liabilities.
The new Budget would do well to fill up the gaps and pave a strong way forward to ensure that the optimism surrounding it is not short-lived.
The Middle East's power house is about to get a new ruler who is only 31 and he may lead Saudi Arabia for decades, says Ambassador M K Bhadrakumar.
US rate hike fear keeps Asian firms in check; India most upbeat.
Enunciating slew of measures initiated by the UPA to augment the sector, the finance minister said 19 oil and gas blocks were given out for exploration and 7 new airports are under construction.
Airlines likely to be allowed to operate with smaller aircraft.
World trade has been growing slower than world GDP since 2012.
Together, they controlled nearly Rs 26 lakh crore of assets at the end of FY16.
Stockmarket Gurus Raamdeo Agrawal, Manish Gunwani, S Naren and Nilesh Shah discuss their favourite themes for the New Year.
Flexibly targeting inflation is consistent with a demand stimulus, says Ashima Goyal.
The 30-share Sensex ended up 33 points at 27,241.78 and the 50-share Nifty ended up 27 points at 8,200.70.
'The surge of Saudi nationalism is the last thing Washington wants,' says Ambassador M K Bhadrakumar.
Investors turn their attention to export-driven sectors.
'That is not a democratic ideal obviously, but it is a practical reality.' 'It is a consistent feature of politicians in Pakistan that their rhetoric on the army softens the closer they get to the seat of power.'
The government plans to take India into the top 50 ranks in ease of doing business in the next two years with efforts such as shifting all applications for industrial licenses online.
Data used for the graph and cited elsewhere in the column were obtained from various publications of the RBI.
IDS-2 and raids to uncover black money stash keep receipts flowing
The Nifty had hit its third successive record high of 7,922.70 today.
Sebi has long struggled with balancing the needs of small investors and those of the market.
The chairman of one of India's biggest industrial groups, Larsen & Toubro Ltd sees little sign of a recovery in Asia's third-largest economy,
It is surprising that central bankers around the world have cautioned the US Federal Reserve against raising rates.
Cashless transactions need ubiquitous connectivity, which we don't have. And connectivity needs political and administrative convergence, says Shyam Ponappa.
Budget has laid emphasis on enhancing expenditure in farm & rural, and social sector including healthcare, education, skill development, job creation and infrastructure
Enabling labour to become more globally mobile can produce higher remittances with powerful 'brain gain' dividends.
Analysts expect the Reserve bank to cut rates in next monetary policy.
Industries with the highest number of top-rated companies at risk were hospitality/travel, media and entertainment, retail, financial services and consumer goods/manufacturing
With projects worth Rs 1,28,000-cr, the group hopes to become one of the country's biggest industrial houses.
Ved Prakash who has been working in the field of recyclable raw materials for 29 years aims to 'create value' every day.
Remembering Verghese Kurien, a visionary who singlehandedly built world's biggest agricultural development programme.
These have been selected based on the earnings growth prospects and favourable (buy) ratings by brokerages
The Welspun group's energy business has plans to set up solar energy parks across four states.
Reliance Industries was the top Sensex gainer up 5.6% after the company reported better-than-expected net profit growth at 12% in the second-quarter aided hby higher gross refining margins.
Of the 23 Indian billionaires mentioned in the Bloomberg Billionaires Index, only one saw a reduction in net worth, with the companies owned by most of them outperforming the Nifty 50 index by a big margin.
The Modi administration has been unable to initiate key reforms.
Trade sanctions on Russia by Europe and the US offer an opportunity for India, but the devaluation of the rouble may play spoilsport
The S&P BSE Sensex surged 364 points to end at 24,607 and the Nifty50 soared 107 points to close at 7,476.
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