Indian stock markets on Thursday witnessed a record daily turnover of over Rs 5 lakh crore, even as the benchmark Sensex missed its all-time intra-day high by a whisker.
From the valuation angle, the market is showing similar signs of being over-valued without being in a bubble territory yet.
The bench also said there was merit in ED's contention that while the "driving force behind the companies" (Modi) was not submitting to the agency's jurisdiction, his companies cannot be given any discretionary relief.
A host of dynamic reforms, policies and announcements during the last five years are expected to reach its logical fruition in the second term, says Ankit Kansal.
Stating that the forthcoming elections will delay the reform process and hurt growth, international rating agency Moody's on Monday said it expects growth to pick up to only 5.5 per cent in FY15.
The Survey projected growth rate of 7-7.75 per cent for 2016-17 with downside risks due to weak global economic scenario.
Available evidence suggests that we are on the way to a very costly failure of the current demonetisation scheme, says M R Narayana.
With slowing sales and to avoid inventory accumulation, Toyota Kirloskar Motor Pvt Ltd has planned to cut production of passenger cars and utility vehicles at its factory in Bidadi, 35 km from Bangalore.
If oil prices stay at their new level of $72 or drop further, India will be in the happy position next year of enjoying a surplus on the trade account.
'A sustainable growth rate of 8 per cent is evidently some distance away,' says T N Ninan.
The scheme, touted as a panacea to burgeoning CAD, was a huge flop that fostered a spike in smuggling and allowed several Gitanjali-like players to make a killing
The short answer, as usual, is I don't know. But this is what could happen in the next one year...
Indian capital markets joined the global sell-off sparked by China growth concerns
Several brokerage houses have given a year-end target of as high as 30,000 for the BSE bourse's benchmark Sensex, with fund managers telling investors not to redeem though the index is still only around 25,000.
The road ahead for the markets in the short term will depend on external factors rather than domestic developments.
Demonetisaton has left many daily wage earners scrambling for a living.
Rahul said the poor, the labourers and the middle class are being sacrificed in the demonetisation 'yajna' for the benefit of the "super-rich families" of the nation.
'This government has not created any employment.' 'Forget employment, the government had not done anything in skill development.'
'The actual price of petrol is Rs 35 and it jumps to Rs 88 because of government taxes.'
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.
The broader markets outperformed the benchmark indices- BSE Midcap and Smallcap indices gained 0.4% each
Earning numbers of blue-chips, including ITC and SBI, due tomorrow.
The number of smartphones booked during the initial hours was 30,000.
The Committee, which has been set up in pursuance of the announcement made by the Minister in his Budget speech, will also suggest whether the unclaimed deposit should come to government or be kept in a separate account.
S Naren of ICICI Prudential says long-term investors needn't worry.
The Central Bureau of Investigation has registered a case against Janata Dal-United Rajya Sabha MP Anil Kumar Sahani for alleged filing of fraudulent Leave Travel Concession claims using forged air tickets and boarding passes and carried out searches on Friday at Rajya Sabha Secretariat and other locations.
Taking a swipe at Prime Minister Narendra Modi over his 'Make in India' campaign, Rahul Gandhi on Wednesday said the Rs 10 lakh suit he wore during US President Barack Obama's visit was "Make in UK".
Sitharaman further said that to mitigate genuine difficulties of start-ups and their investors, government has decided to withdraw angel tax provisions for them.
These schemes are expected to perform in the next 2-3 years.
The Indian basket represents the price of Oman and Dubai sour grade crude.
The workers' union has accepted the '10-step' pay hike to be granted to them by way of an interim measure by the civic transport undertaking's management.
In simple terms, it refers to a deduction allowed in income tax, irrespective of expenses incurred or investment made by assessees.
Finance Minister Arun Jaitley's decision to cut arbitrage may ensure that the standards of purity of the refined gold in the Indian market meet the global benchmark
Analysts say the sell-off in risky assets will be temporary and could be a buying opportunity for long-term investors.
It's crucial for Modi to make India an easier place to do business.
Dear readers, we had asked you to send in your personal finance queries to be answered by Basis founder and CEO Hena Mehta. Here's the first batch of responses.
Experts say the size of the fund shouldn't be a primary criterion for selection.
Commerce Minister Anand Sharma on Wednesday sought to assure prospective American investors that India is a 'welcoming investment' destination where the climate is 'totally conducive' to such actions.
High fiscal deficits raise inflation which hits the lowest income and salaried classes.
