Despite the 3 per cent gain in September 2019, the FPI sell-off during the quarter has seen the benchmark indices - the S&P BSE Sensex and the Nifty 50 register negative returns in Q3CY19.
This is its biggest single session gain since April 5, when it had surged 577.73 points.
State-run IDBI Bank is one of Kingfisher's more than a dozen creditor banks.
Subbarao said he would be "ok" if a sovereign bond issue in foreign currency is done once just to test the waters, but cautioned against using the instrument regularly.
The breadth, indicating the overall health of the market, turned negative. On the BSE, 1,581 shares declined and 1,246 shares fell. A total of 165 shares were unchanged.
Even as you fight the ongoing health challenge, here are some tips to strengthen your personal finance in the time of coronavirus.
The rupee on Monday failed to maintain initial gains and ended lower by five paise at 60.21 against the dollar on fag-end demand for the US currency from banks and importers.
The S&P BSE Midcap and the S&P BSE Smallcap indices under-performed to lose 0.8% and 1.6%
Jet is facing insolvency proceedings in the Netherlands as well where it was declared bankrupt after it failed to pay two European creditors.
An investment vehicle lining up a $2 billion package to help bail the boss of India's troubled Sahara out of jail said it expects to ultimately take control of landmark hotel assets like New York's Plaza after the conglomerate fails to repay lenders.
Flamboyant Australian Glenn Maxwell is expected to be a favourite, despite his under-whelming record, along with England's spin bowling all-rounder Moeen Ali, while Kerala's batting sensation Mohammed Azharuddeen could be in hot demand during a condensed IPL players' auction, to be held in Chennai, on Thursday.
In an interaction with Jash Kriplani, A Balasubramanian, managing director and chief executive officer, Aditya Birla Sun Life Asset Management Company, shares his optimism on what makes him believe that these cuts can help in addressing multiple issues plaguing the economy, without letting fiscal deficit pose any major risk.
The move takes the process of extraditing and bringing back Nirav Modi to face the law in India to the next stage, the sources said.
The Income Tax Department on Tuesday also raided 20 premises linked to Gitanjali Gems promoter Mehul Choksi and suspected shell firms in connection with an alleged tax evasion case against them, official sources said.
India is failing to take advantage of its important ally, Japan as much as it should, notes Mihir S Sharma.
The sale is to generate the bail money for the release of Sahara Group chief Subrata Roy.
'The government believes there is still significant scope to bring more people under the tax net and collect the right amount of taxes, in cases where taxpayers are underpaying,' says Kuldip Kumar, partner and leader personal tax, PwC.
Sahara Group got other much-needed relief with the apex court lifting its embargo of permitting it to sell only 19 properties.
Markets have gone into a tailspin, the Modi govt must revive investment sentiment.
The MHA said all the "glossy statements" about humanitarian work and speaking truth to power are nothing but a "ploy to divert attention" from their activities which were in clear contravention of laid down Indian laws.
The broader markets outperformed the benchmark indices- BSE Midcap and Smallcap indices gained 0.4% each
'Possibly, our campaigns have made the right impact and raised the right questions, which is making several stakeholders uncomfortable,' Samit Aich, Greenpeace India's executive director, tells A Ganesh Nadar/Rediff.com
Overseas investors buoyed by recent rate cut by RBI and hopes of a good monsoon
A mixed global trend and weakness in rupee influenced the sentiments during the day.
The broader NSE Nifty managed to end higher for the second day at 10,426.85, up by 5.45 points or 0.05 per cent after shuttling between 10,478.60 and 10,377.85, intra-day.
Sentiments turned somewhat weak towards the middle of the session as profit-booking emerged as investors turned cautious on disappointing quarterly earnings by some bluechip companies
India' can't succeed unless it is made easier for people to do business.
The lock-in requirement has been reduced from three years to one year for angel funds and their minimum investment threshold has been slashed from Rs 50 lakh to Rs 25 lakh.
After four years of growth at 40 per cent or more, capital expenditure (capex) by India Inc in the current financial year (2008-09) may drop almost 30 per cent.
Heavyweights such as Coal India, L&T and SBI ran up losses, taking cues from overseas markets.
There is polarisation among sectors with IT and healthcare receiving the lion's share of FPI money in the past two quarters.
A Russian fund submitted its interest to the resolution professional on February 14 and also hired a consultancy firm to help them with the bidding process.
Hence, the claims by the Government that this will end the menace of black money and corruption are simply outlandish. Also, the simultaneous introduction of Rs 2,000 note undermines their claim and it simply does not fit the storyline of an attack on black money and corruption.
The benchmark BSE Sensex reclaimed the 28,000 mark, spurting by 409 points or 1.4% at 28,114 and Nifty settled above the 8,500 mark at 8,532, gains of 111 points.
The airline has struggled to pay salaries and vendors on time and its Rs 10,963 crore fund and non fund based facilities have now been assigned 'D' rating by ICRA - the seventh rating downgrade since March 2017.
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Some experts believe that building new cities may not be the answer to India's swelling urban population.
The regulator may float consultation papers for FPIs and private equity funds and the final decision will be taken after taking into account views of all the stakeholders
The National Company Law Tribunal on Tuesday approved the Jalan-Kalrock Consortium's resolution plan for the bankrupt Jet Airways.
Genuine investments identified so far is Rs.1.08 cr out of around Rs 24,000 cr.
Offshore rupee debt was likely to attract good demand
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