Centre plans to acquire land and then give it on lease to miners.
PSU bank shares were the top gainers on hopes of a rate by the RBI on easing consumer inflation
TCS and Infosys were the top losers in the Sensex pack, falling up to 3.39 per cent.
As yields on 10-year government bonds rose from 6.65% in April 2017 to around 7.50% now, liquidity pressures have increased the cost of funds for housing finance companies.
7 million jobs will be created in formal sector in FY18
Individual banks should break away from the industry pact and have their own settlements with the unions, recommends Tamal Bandyopadhyay.
Equity benchmark Sensex tumbled 674 points on Friday, weighed by losses in banking stocks as an unabated spike in new coronavirus cases fuelled uncertainty over the economic impact of the pandemic. After hitting a low of 27,500.79 during the day, the 30-share BSE barometer ended 674.36 points or 2.39 per cent lower at 27,590.95. The NSE Nifty shed 170 points, or 2.06 per cent, to finish at 8,083.80.
The recovery was led by pharma majors led by Dr Reddy's Labs.
BSE, the oldest stock exchange in Asia, aims to raise up to Rs 1,243 crore from the IPO, which has a price band of Rs 805-806 per share.
The banking sector's credibility is on thin ice. Unless the government takes strict steps, things could get worse.
Dalal Street is bullish on invest
Unlike the race to buy airwaves by telecom companies, airports by infrastructure companies and city gas networks by energy companies, the race to develop super apps by consumer-facing companies in India has not brushed up against any regulatory issues. Officials at the ministry of electronics and information technology and at other regulators are happy they do not have to meddle in who among the Tata group, Reliance Industries Ltd, Flipkart or Paytm will manage to build an app that sweeps in customers. Unlike separate apps a customer uses on her mobile to order groceries, buy food or airline tickets or just make payments, a super app can perform all these functions.
High networth individuals selling stocks to buy real estate is among the key risks for the Indian markets.
RBI seeks detailed report on what happened between 2011 and now; bankers to recall loans to Nirav Modi entities.
The RBI left the policy rates unchanged in Tuesday''s sixth bi-monthly monetary policy review.
The resolution plan has to be put to work this month itself. Jet has a debt of over Rs 8,000 crore and needs to make repayments of up to Rs 1,700 crore by the end of March.
Indian bankers are fearful that going out of their way to save Jet could lead to subsequent harassment from investigative agencies.
Bank shares were the top gainers led by ICICI Bank.
The firm, which owns, operates and manages hotels, palaces and resorts, is likely to hive-off the two properties into separate entities.
The second fortnight of September saw Rs 3 lakh crore of time deposits, something unique, followed by liquidation of Rs 1.2 lakh crpre of these right after.
The Sensex took just five trading sessions to surpass the 36,000-level milestone, from 35,000.
In the Sensex kitty, ITC turned star performer by surging 2.45 per cent, followed by NTPC rising 2.19 per cent.
Other losers included HCL Tech, Yes Bank, IndusInd Bank, TCS, ONGC, Bajaj Finance, PowerGrid, Vedanta, Asian Paints, NTPC and Hero MotoCorp, which shed up to 4.07 per cent.
State Bank of India chief Arundhati Bhattacharya, ICICI bank head Chanda Kochhar, Biocon founder Kiran Mazumdar-Shaw and HT Media chair Shobhana Bhartia are among the world's 100 most powerful women.
Jet has been operating on international routes since 2004, being the first private airline to do so in decades, after it launched a Chennai-Colombo service in March that year.
Heads of various public and private sector banks on Thursday sought to present a counter-narrative on RBI Governor Shaktikanta Das warning lenders about the perils of extreme risk aversion in the pandemic-stricken environment where credit demand is on the wane.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Removal of mark-ups to be paid by Maruti, other changes could raise funding need to Rs 6,000 crore.
Seven students were made international offers.
'The entire government-owned banking system (excluding SBI) is now in the red.' 'But worse is to come,' warns T N Ninan.
India's state banks are under pressure to improve profitability.
Some lenders in talks with LIC for pvt placement
Capital goods shares continued to trade firm in late noon despite weak market trend on the back of encouraging core sector growth in February.
Green signal from Jaitley; CVC okays Hemant Contractor for head of PFRDA
The NITI Aayog may want us to believe this is one of the easiest payment systems in the world, but Tinesh Bhasin decodes the many unanswered queries and concerns involving the United Payments Interface.
Infosys was the top gainer in the Sensex pack, rising 2.36 per cent, followed by HDFC Bank up 1.39 per cent.
The NSE Nifty after shuttling between 10,397.60 and 10,279.35 points, ended 47 points, or 0.45 per cent lower at 10,301.05.
In spite of the high number of exits, Reliance group firms of both brothers continue to be darlings of small investors
Highest-ever mobilisation in first half of any fiscal year; bankers expect the trend to continue, given strong pipeline
The heartburn is over six sensitive issues
