Market breadth on the BSE was rather unhealthy with 1,436 stocks having declined against 973 advancing ones, on the BSE.
India has emerged as the brightest spot in the Asia Pacific region as reform has picked up pace in the country in recent months, a top credit rating agency has said.
'The Modi government must create conditions to integrate millions into the rural economy as many migrants are certainly not going to return to live an undignified life,' notes Ramesh Menon.
Global Finance announced its 20th Annual Ranking of the World's 50 safest banks.
Global rating agency Standard and Poor's (S&P) has said it expects India to grow by 6.5 per cent during 2013, amidst the possibility of global economic recovery continuing during the year.
The report, released on June 21, alleged that some senior leaders of the BJP "made inflammatory speeches against minority communities".
A day after Standard & Poor's (S&P) came out with its report on how India could be the first among Brazil, Russia, India and China (BRIC nations) to lose its investment-grade rating, markets shrugged off the concern, ending in the green.
Standard & Poor's has placed the sovereign ratings of 15 euro zone nations, including AAA-rated Germany and France, under 'CreditWatch'.
The pollution board said that the situation will improve further by Sunday if favourable conditions prevail.
India may attract investments if the domestic economy continues to strengthen.
Banking shares led the free fall and dragged almost all major European indexes down with them.
The unprecedented downgrade of the US' creditworthiness by ratings agency Standard and Poor's may face a probe by a Senate committee, reports have said.
Ratings agency Standard & Poor's on Monday cautioned that it could lower the sovereign ratings of countries like India, Japan and Malaysia, which 'are still to come out of the economic meltdown of 2008'.
The economy is projected to clock 7.4 per cent growth.
India's budget for 2015/16 highlighted the government's commitment to keeping the fiscal deficit low.
NPA percentage in loans may touch 10% by March 2013, up from 5% in March 2011.
Gagan Narang, Jitu Rai and young Mehuli Ghosh failed to make the Indian shooting squad for the upcoming Asian Games, even as a few unheralded faces were picked for the quadrennial extravaganza, starting in Indonesia, from August 18.
Standard and Poor's raised the outlook for India's "BBB-minus" rating back to "stable" from 'negative,' saying Prime Minister Narendra Modi government's 'strong' mandate would allow it to implement fiscal and economic reforms.
The rating, however, is still five steps above junk status.
More pain likely, say analysts, with gloomy demand scenario and slowing economy.
BJP's reversals in rural Gujarat has prompted many policy watchers to predict that the Budget would have incentives for the agriculture sector and the rural economy.
The report blames the lack of quality control and infrastructure, low-paying jobs through campus placement and poor faculty as the major reasons behind India's unfolding B-school disaster.
Hazare-led campaign has got wide publicity in the US media.
The plucking of dussehri, which will hit the shelves next week at 50% premium, started late this season, because of poor crop and adverse weather conditions, including hailstorms, in the orchards of Malihabad.
Both Europe and the US can learn a lesson from American history to overcome their debt problems.
When you have set standards for yourself and then people get shocked (because of poor form)!
Lasith Malinga was suspended for one year after the fast bowler pleaded guilty to a breach of contract by speaking to the media without permission, Sri Lanka's cricket board said in Colombo on Tuesday.
Volatility in exchange rates are also expected to increase.
Finance minister said India had taken several measures to make markets attractive.
The downgrade reflects its opinion that the fiscal consolidation plan which Congress and the administration recently agreed to "falls short of what, in our view, would be necessary to stabilize the government's medium-term debt dynamics."
The Dyson Pure Hot + Cool is expensive but worth the price. It clearly differentiates itself from similar machines in both looks and performance, says Khalid Anzar.
Premier League champions Liverpool maintained their 100 per cent start to the season with a 3-1 win against Arsenal at Anfield on Monday leaving them level on nine points with pacesetters Everton and Leicester City.
"High inflation could derail India's stable macroeconomic and interest rate environment", Standard & Poor's said in a statement.
Growth in the Asia-Pacific region will be low, the aqency said
Nine Indian Americans among Outstanding 50 Asian Americans in Business this year.
'Kejriwal has given not only Modi and Shah some food for thought, but also to jaded Opposition leaders who must now wonder whether taking on the BJP's majoritarianism by the horns, as they have been doing so far, is the appropriate strategy in such extraordinary times,' notes M K Bhadrakumar.
It is time we understood the struggle for land, water and forests as fight for livelihoods.
Analysts say large issue sizes and high prices were key reasons for the poor response to IPOs of other public sector insurance entities. The high share price meant small investors did not foresee any listing gain
A round-up of Saturday's action in the Premier League.
Australian newspaper defies criticism, reprints Serena Williams cartoon
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances