Railway Budget has not discriminated against any state.
As of June, the gross NPA of nationalised banks was 3.89 per cent and State Bank Group at 5.50 per cent.
Weakness in Infosys, L&T and Hindalco cap index gains.
Market breadth continued to remain strong, with 1899 gainers and 674 losers on the BSEs.
BSE Mid-cap index ended lower by over 2.5% and BSE Small-cap index tumbled over 3%.
'Our target is to award Rs 25 lakh crore worth of projects that would result in creating 25 million jobs'
RBI on Monday conducted an unprecedented level of liquidity infusion to the tune of Rs 3.3 lakh crore, in which banks bid for as much as Rs 4.5 lakh crore. The central bank said it would conduct a liquidity infusion auction of Rs 1 lakh crore on Tuesday as well, to help banks tide over the liquidity crisis.
The 30-share Sensex ended down 159 points at 27,425 and the 50-share Nifty closed down 24 points at 8,299.
Select metal stocks rebounded while power stocks extended losses after SC verdict on coal block allocations.
The Reserve Bank of India cut its repo rate by 25 basis points to 6.50 per cent.
Markets were left high and dry last week, as the 'Monsoon Effect' played havoc on trader sentiment.
China's economy is in transition, with rising wage costs and massive overcapacity.
Several people, including an Indian techie, were taken hostage by an armed man at a popular caf in Sydney and forced to display an Islamic flag, triggering a security alert in Australia and leading to evacuation of key buildings, including the Indian Consulate.
While PNB did not name the other lenders, Union Bank of India, Allahabad Bank and Axis Bank are said to have offered credit based on letters of undertaking (LOUs) issued by PNB. Foreign bank branches too are under investigation.
BSE Healthcare, Oil & Gas, Consumer Durable, TECk, Power and Metal indices declined between 0.5-1%.
Srei Infrastructure's vice-chairman -- and former Assocham president -- Sunil Kanoria discusses the Kanoria businesses and his impression of the Modi government with Ishita Ayan Dutt and Namrata Acharya.
Sensex eneded 374 points higher on rate cut expectation from the RBI.
The benchmark BSE Sensex ended down 2.23 per cent. The Bank Nifty fell 3.59 per cent.
The finance ministry is not only keen to split the roles of CMD, but also wants to appoint them for a fixed tenure of five years.
'It will be interesting to see how Dr Patel handles gadflies with the maturity of egregiously petulant three year olds.' 'That Dr Patel does not, in so far as we can tell, cause society matrons to gush like hormonal teenagers can only be a good thing for him.' 'Look where their febrile imaginations and breathless prose took his predecessor.'
'... not even a moral one, let alone a legal one.' 'Even if it is assumed that Deepak Kochhar tried to influence his wife into doing something dodgy for his 'social acquaintance', why would she do it?' 'By all accounts she has been granted share options in ICICI Bank of a very substantial amount which easily makes her a multi billion-pati.' 'She did not become CEO against some stiff competition by being stupid and concocting devious cock-and-bull renewable energy stories.' S Murlidharan, former managing director, BNP Paribas, unravels the Deepak Kochhar-Videocon controversy.
What is it about Arohan that puts it in the top league of microfinance institutions in the country?
Investors with stalled projects and mounting bad debt will refinance their loans.
The 30-share Sensex closed down 114 points at 28,622 and the 50-share Nifty ended down 37 points at 8,686.
The Nikkei share average rose 2.6% to close at 15,195.77 points, more than recouping Tuesday's losses.
There is no clearly defined right or wrong answer since both target different needs of a portfolio.
The 30-share BSE Sensex closed down 162 points at 28,338 and the 50-share Nifty was down 67 points at 8,463.
The year 2014-15 could well go as one of long-pending financial sector reforms, expected to have a lasting impact.
Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled.
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Cumulatively for the first two quarters till now, the advance tax collections from the Mumbai zone, which contributes over a third of the income tax collections nationally, have grown 11 per cent, the official said.
Lenders are not enthused because, as brokers, their responsibility towards policyholders will be higher than corporate agents.
'Making the railways better is a different type of a challenge.'
Finance Minister Arun Jaitley witll spearhead the campaign with BJP President Amit Shah as its chief strategist.
Famous and long believed to be trusted Indian brands have wilted against foreign brands, says Mohan Guruswamy.
Shriya Rangarajan has come a long way from the comforts of the western world.
Launching a scathing attack on Prime Minister Narendra Modi, Opposition parties on Wednesday alleged that selective leak of information on demonetisation of 500 and 1000 rupee notes to 'friends of BJP' and demanded making public the names of those who had bought gold and foreign exchange of over Rs 1 crore since April.
For his 60th birthday in December, which he called his third 20th birthday, Mallya flew in Enrique Iglesias to perform at his villa overlooking the beach in Goa.
'There is no difference between the earlier government and the present government.' 'They are all following the economic policy based on the Chicago School of thought.' 'This school of thought says the government should have very little role in governing the country and the majority of the work should be handed over to the private sector.' 'This has not succeeded in the US.' 'Yet, it is being tried here by people like Arvind Subramaniam, Arvind Panagariya, Urjit Patel and Raghuram Rajan.'
The state government has formed two committees under the chief secretary and the cane commissioner on the matter.
