Dubai, Singapore, London are the top overseas markets for Indians
In a 35-minute address to the Indian diaspora, the prime minister said that his government was not afraid of taking "big" and "tough" decisions in the interest of the country.
In 2014, FIIs have infused a net amount of Rs 1,59,157 crore ( 1.59 trillion) in the debt markets.
The fact that Tamil Nadu Chief Minister J Jayalalithaa approved an expenditure of Rs 29 crore for the World Chess Championship between Viswanathan Anand and Norway's Magnus Carlsen to be held here points to the significance the event has for the state government.
The US Department of Justice declined to comment on Modi.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Apart from INX Media and Aircel-Maxis, the four other firms which are under the scanner are Diageo Scotland, Essar Steel, Katara Holdings and Elforge Ltd. These firms were granted FIPB approval when Chidambaram was the FM, reports Shrimi Choudhary.
Nifty50 surged 87 points to end at 8,157, highest closing levels since Oct 29, 2015.
Kalyan Jewellers is eyeing overseas expansion by catering to India-like markets and the diaspora
The Reserve Bank of India said Airtel's board of directors and shareholders have passed resolutions agreeing to increase the limit on the purchase of its equity shares and convertible debentures by foreign institutional investors.
The broader NSE Nifty ended at 10,888, a gain of 0.77 per cent or 83 points, after shuttling between 10,900.35 and 10,844.85.
State-run IDBI Bank is one of Kingfisher's more than a dozen creditor banks.
China Development Bank takes Reliance Communications to NCLT over loan default
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 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.
This is its biggest single session gain since April 5, when it had surged 577.73 points.
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.
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.
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.
The S&P BSE Midcap and the S&P BSE Smallcap indices under-performed to lose 0.8% and 1.6%
Even as you fight the ongoing health challenge, here are some tips to strengthen your personal finance in the time of coronavirus.
Jet is facing insolvency proceedings in the Netherlands as well where it was declared bankrupt after it failed to pay two European creditors.
Audi's strategy seems to point to pushing technology to directly connect with consumers using digital platforms and marketing to synchromesh into one seamless experience, says Pavan Lall.
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.
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.
Markets have gone into a tailspin, the Modi govt must revive investment sentiment.
Sahara Group got other much-needed relief with the apex court lifting its embargo of permitting it to sell only 19 properties.
'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.
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.
'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
The broader markets outperformed the benchmark indices- BSE Midcap and Smallcap indices gained 0.4% each
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.
India' can't succeed unless it is made easier for people to do business.
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.
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
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.
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