Financials were among the top losers along with Sun Pharma and index heavyweight Reliance Industries
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
The Nikkei India Manufacturing Purchasing Managers Index (PMI), fell from 52.1 in February to a five-month low of 51.0 in March, indicating the slowest improvement in operating conditions recorded by the survey since last October.
Is it time to take a relook at our economic theories? asks Ajit Balakrishnan.
There is growing alarm at the inexorable rise of China, both of its military prowess and its aggressive bullying of other countries plus its subjugation of whole portions of its own population.
Despite a rise in input costs, leading car-makers refrain from hiking their price.
Finance Minister Nirmala Sitharaman on Thursday announced a new job creation scheme by giving subsidy to those establishments that make new hires. The subsidy would be to cover for retirement fund contributions by employees as well as employers for two years, she said. Employees contribution (12 per cent of wages) and employer's contribution (12 per cent of wages) totalling 24 per cent of wages would be given to establishments for two years, she said. Under the Aatmanirbhar Bharat Rozgar Yojana, every Employees' Provident Fund Organisation (EPFO)-registered establishment taking new employees would get this subsidy.
Given its focus on the real estate sector, financial planners feel this scheme is not meant for first-time investors and any investor should only have 5 to 10 per cent exposure to this fund.
President Trump originally announced his intention to withdraw from the agreement in 2017 and formally notified the United Nations last year. The US exited the pact after a mandatory year-long waiting period that ended on Wednesday.
India Inc is expected to post 35-45 per cent rise in net profit in the fourth quarter ended March 31.
Ajit Balakrishnan on the surprising drivers of mathematical innovation.
'Defence funding is channelled to State-owned research organisations where scientists are merely bureaucrats holding meetings and sending out minutes of meetings and press releases, but have long ago stopped any innovative work.' 'Unless this tragedy is fixed, India's chances to create world-conquering and job-creating new industries are slim,' says Ajit Balakrishnan.
In the Sensex pack, Axis Bank, HCL Tech, M&M, TCS, HDFC, Kotak Bank, PowerGrid, Hero MotoCorp and Vedanta were among the top gainers, rising up to 1.91 per cent. Sun Pharma was the biggest loser, cracking 5.78 per cent.
Having knocked out Real Madrid with a 4-1 win at the Bernabeu in the previous round, Ajax came from behind to beat Juventus 2-1 in Turin and complete a remarkable 3-2 aggregate win in their quarter-final.
Despite the headwinds both on the domestic and global fronts, Ramesh S Damani, member, BSE and a prominent investor, says India will weather a global trade war better than a lot of other Asian countries.
The Nexus 6 promises a lot in terms of performance and quality.
Sunil Munjal will pursue new business interests and lead Hero Corporate Services as its chairman.
This is a summer action movie all the way, and one that does indeed deserve a big-screen viewing.
Hashtags no more. Selfies no more. Forwards no more.
With a plunge in steel prices, ship owners are getting about $3.6 million less for the 25,000 tonnes of recoverable metal.
We will do 7-8 high-end games for global markets every year, Manish Agarwal, CEO, Reliance Games
A new bluetooth-enabled wearable ring allows users to check smartphone alerts and manage incoming calls right from their finger.
'The slide in growth has arisen primarily because we have an NBFC crisis on top of a banking crisis,' points out T T Ram Mohan.
Majority expect economy to slow down, but are satisfied with Modi govt's performance.
Bankers say there is palpable fear among erring promoters that the banking system just cannot be taken for granted, and any delay in loan repayment could mean promoters losing business
Manchester City's all-conquering season reached new peaks as Sergio Aguero became the club's all-time top scorer with a decisive goal in a thrilling 4-2 victory at Napoli that put them into the Champions League last 16 on Wednesday.
Much of what Gili offers are experiences not strongly defined by geographical coordinates. It's found in the warmth of the locals who love their land, who welcome strangers and find ways to make them feel at home, reveals Nikita Puri.
The plan was to sell off non-profitable businesses apart from focusing on four verticals: real estate, defence, financial services and retail
'The real measure that was used for generations was least amount of wickets lost. So why have we changed that?'
the Nexus 5X is everything a smartphone should be and will soon be climbing the rungs of the popularity ladder.
The proposal will also include providing loans at below market rates to real estate developers. But the loan disbursed under this will come with a number of conditions like an upper ceiling on selling price of flats and individual homes.
'In India, most funds have one or at most two platforms, but we are the only one which has four -- growth equity practice, real estate practice, a special situation and credit platform, and infrastructure.'
The Hinduja brothers, who run the multinational Hinduja Group conglomerate with interests across automotive, real estate and oil, moved up from third position last year to top the UK's billionaire charts this year.
Among India's capital-starved local banks, Essar is viewed as too big to fail.
According to the Icra report, earnings before interest, tax, depreciation and amortisation margin of its sample declined by 44 basis points on a YoY basis and 23 basis points on a quarter-on-quarter basis to 16.6 per cent.
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
Norway's Birk Ruud claimed the first men's freeski Big Air Olympic gold
About time the Tata companies that are owned by the public are freed from the clutches of Tata Sons, says Sudhir Bisht.
England's sporting global ambitions have never been fully realised since Sir Alf Ramsey's team won the 1966 FIFA World Cup. Whether it is Gary Linekar or Hary Kane, the 'Cup' that they desperately want never came home during the last five and half decades.
Terming the home loans package of PSU banks highly inadequate, Assocham President Sajjan Jindal demanded that the government peg the interest rate on housing loans up to Rs 30 lakh at 6% and at 8.5% for loans above this amount.
