Moody's said the asset quality of the banks will remain under pressure.
Echoing Prime Minister Narendra Modi's views that improving the health of financial markets alone cannot fuel growth, G20 business leaders on Friday said vigorous efforts should be made to go beyond fiscal and monetary policy to kickstart world economy and create jobs.
Images from Champions League matches played across Europe on Tuesday
Investors are keenly awaiting the announcement of the macroeconomic data-IIP and CPI due on Tuesday.
Indian economy is expected to improve marginally in the current financial year with its GDP at market price projected to expand by 3.4 per cent from 3.3 per cent in the previous fiscal, think tank OECD said.
Bank of America Merrill Lynch and JP Morgan are bankers for the bonds
AirAsia founder Tony Fernandes began talks with bankers to take Asia's number one budget airline private after a plunge in its stock price put $200 million worth of loans borrowed against AirAsia's shares at risk.
The laggards in the Sensex kitty were Vedanta, Tata Steel, M&M, HCL Tech, Bharti Airtel, Maruti Suzuki, L&T, Asian Paint and HDFC
In all, 37 central banks around the world have eased monetary policy so far this year to boost growth, fight deflation or both
While Mahindra isn't the first person to think that building a social network out of India was a good idea, past attempts have all failed to compete with the multi-billion dollar giants Google, Facebook, Twitter, Instagram, WhatsApp and the like.
In the context of RBI's view that the real interest rate, defined as the repo rate less "look forward" CPI, should be around 150-200 basis points.
It was an extraordinary turnaround for an Olympics that was expected to be held without major issues by a country known for public safety and economic stability. It also revealed a fatal miscalculation by Japanese and IOC officials of public sentiment at a time of heightened fears over the coronavirus.
In the current fiscal so far, retail inflation stabilised around 5 per cent, while wholesale price-based inflation averaged around 2.9 per cent during April-December.
Infrastructure, stricter implementation boost commercial vehicle sales
India is expected to grow at 7.8 per cent in 2015, surpassing China's growth rate.
Borussia Dortmund fans will be offered tea and pies at Zenit St Petersburg on Tuesday but there will be no such generosity on the pitch with the Russians intent on reaching their first Champions League quarter-final.
The amount of loans that carry a high risk of slippage into the NPA category over the next few quarters is about Rs 2.8 trillion.
How has the note ban affected newspapers and the rest of the media?
Nifty could fall to 9,500 levels; not a good time to bottom fish, say experts
Builders bet on affordable homes as luxury sales dip, however, signs of revival after note ban and Rera are slowly visible
Software developers who tried on an Apple Watch for the first time on Friday predicted a rush of new apps over the next few months.
Ratan Tata on Friday asked it to give 'support and opportunity' to Prime Minister Narendra Modi for delivering on his promises.
The CIC has invited only seven RTI activists -- Aruna Roy, Nikhil Dey, Shekhar Singh, Amrita Johri, Anjali Bharadwaj, Venkatesh Nayak and Lokesh Batra -- for the function to be held on Friday.
The greenback rose 9 percent against currencies.
"I probably wouldn't do much," Buffett said when asked what he would do if he ran the Fed.
Gather information from diverse sources to ensure that your investment decisions are rooted in sound knowledge, says Sandeep Das.
Gold was among the least bruised by Monday's selloff, dropping half a percent versus a 6 percent slide in Brent crude and a 2 percent decline in copper.
The rupee had dropped by 60 paise or 0.89 per cent in previous three trading days.
With Modi's visit, New Delhi hopes there will be breakthroughs in many aspects, especially business and trade, security cooperation and nuclear issues.
Broader market outperformed the benchmark indices with S&P BSE Midcap gaining over 1%
This is another blow to Modi's ambitious economic reform agenda that has been stalled by a logjam in parliament
With the new Indian government showing signs of economic reforms and brings in transparency in governance, the World Bank feels that the world's third-largest economy could achieve a growth rate of 5.5 per cent this year as compared to 4.7 per cent last year.
Multiplex chains are rushing to smaller towns
Oil prices continued their rout on Tuesday with Brent crude and U.S. WTI both falling to their lowest in almost six years as a big OPEC producer stood by the group's decision not to cut output to tackle a glut in the market.
Volatility is part and parcel of stock market.
'If on the back of the resentment against the Modi government, on the very outside chance that the Congress emerges as the single largest party in May 2019, will Rahul Gandhi become prime minister?' 'Or will he do a Sonia and appoint someone else?' asks T C A Srinivasa-Raghavan.
'These young men have become religious fundamentalists and gone to lead the life of Salafis somewhere.'
The country's franchise industry is estimated at $24 billion with a year-on-year growth of 30 per cent.
Executive search firm MANCER Consulting CEO Satya D Sinha said that "the concept of expat hiring at top level management has always been prevalent across glob
S&P BSE Sensex settled at 31,170, up 60 points, while the broader Nifty50 closed at record high for third straight session. It ended at 9,624, up 19 points.
