Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Nultiple regulators are probing the nexus of scamsters with diamonds after a state-run bank got defrauded of $1.8 billion by designer jeweller Nirav Modi.
'Karenge aur kaam, sir. Zindagi bahut choti hai, ideas bahut sare hain.'
The sudden exit of Yogesh Agarwal as the chairman of the Pension Fund Regulatory and Development Authority, or PFRDA, has once again brought the relationship between financial sector regulators and the finance ministry into sharp focus.
With the government asking the companies to operate with only 50 per cent staff strength, and exports dipping to almost zero, the truck and bus drivers idling at the petrol pump say they hardly have any work now. At a petrol pump on the deserted Bavla-Changodar highway near Ahmedabad in Gujarat, several trucks and buses are neatly parked in a row.
HDFC, the pioneer, ICICI, the game-changer, and SBI, the original teaser, turned the market on its head.
The rupee had retreated four paise from its 11-month high levels to close at 58.63 against the dollar on Tuesday on fresh demand for the US currency from importers, amid some profit- booking in stocks.
This was a difficult election to win, but the Modi card, the caste divide and the division in the Opposition vote bank helped overcome many challenges.
Forex dealers said besides increased dollar selling by exporters, strength in other currencies against the American currency overseas also supported the rupee but a lower opening of the domestic equity market capped the gains.
The rupee had revisited the near 2-month low of 60.55 per dollar earlier in the session.
A glance back at some of the important ups and down Indian Inc faced in 2018.
According to a reliable source, the names of 'Preneet Kaur' and a name similar to one of Narayan Rane's sons allegedly feature on the HSBC list of Indians with Swiss bank accounts, says Sheela Bhatt/Rediff.com
After getting Indian Oil Corporation, the nation's largest oil firm, to drop four independent directors and Engineers India Ltd to boot out two, it is now seeking to sack former Power Secretary P Uma Shankar, chartered accountant S Ravi and former BPCL Chairman R K Singh from the board of ONGC.
The Cyrus Mistry camp is confident that independent directors will take their cue from their counterparts in Indian Hotels.
Forex dealers said besides selling of the American currency by exporters and banks, gains in other Asian currencies against the dollar and a higher opening in the domestic stock market also supported the rupee.
The common denominator: They were predominantly Gujarati, mostly male, and either related by blood or very well-known to Nirav.
Here's what Headley told the court on Thursday:
'It is the moment where compassion and empathy must supersede our identity, politics, or our ambitions.'
The one common theme across companies that have rewarded shareholders is consumption.
It's a mandate of young India, for young India, by young India, says Sheela Bhatt/Rediff.com in her 43rd and concluding column on Indian Elections 2014.
'I am not minimising either the seriousness or the complex nature of the current situation.' 'Naturally, we have to do what it takes to secure our borders.' 'We are talking to the Chinese, both through military channels and diplomatic ones.'
'In fact, they work in tandem.' 'When it comes to finding a solution, this must be predicated on honouring all agreements and understandings.' 'And not attempting to alter the status quo unilaterally.'
"I am an academic and I have always made it clear that my ultimate home is in the realm of ideas," Rajan said in a letter to staff.
'"The end" depends on two things.' 'Either you develop a vaccine which is effective or if you have a drug, you can terminate this infection very quickly.' 'Otherwise, you have to depend on herd immunity.' 'I think it should happen earlier. Far earlier, than we can imagine or achieve 'herd immunity'.'
As Melania Trump arrives in Ahmedabad, Sheela Bhatt offers the First Lady Of The United States a primer on one of India's oldest, and historic, cities.
Over lunch, Finance Minister Arun Jaitley breaks down his Budget. Sheela Bhatt/Rediff.com reports.
How China's all powerful Communist party bungled the response to the coronavirus crisis.
The Indian rupee slumped to a record low near 69 to the dollar on Wednesday on growing worries that foreign investors will continue to sell out of a country facing stiff economic challenges and volatile global markets.
'In the medium term, the advantage is still with the BJP.' 'One reason for this is Shah's talent. He is a terrific organiser and builds his strategies around the grassroots worker,' says Aakar Patel.
Prime Minister Narendra Modi is likely to urge Tim Cook to begin manufacturing its prized iPhones in India.
Elaborating on America and India's scope of engagement, Kerry said he has seen first-hand the transformation in Indo-US relationship as well as the ups and downs in the relationship. Kerry says the world's oldest and largest democracy were "finally beginning to captalise on our connections to each other." Sheela Bhatt/Rediff.com reports after the media interaction with the US secretary of state.
Narendra Modi's engagement at the upcoming BRICS Summit in Brazil will be keenly watched as the prime minister will interact with some of the world's most powerful leaders. The summit to be held in Fortaleza will also see the launch of the significant BRICS bank whose idea was mooted by India. Rediff.com's Sheela Bhatt gives a lowdown on Modi's first major international rendezvous.
Narendra Modi's positive engagement with Barack Obama has well and truly washed away the doubts and slights of the past.
Hemant Kanoria tells Niraj Bhatt why understanding the dynamics of the borrower's business is critical for the lender.
As Sunny Leone's film, Mastizaade, hit screens amidst a wave of unprecedented social media support for her, Ritika Bhatia finds out what India thinks of the actor.
Appraising Rediff.com about the meeting, a source close to Dr Singh said Modi sought Dr Singh's advice on the economy and foreign policy. Dr Singh told Modi that he concurs with the Reserve Bank of India's concerns about the Indian economy.
This time however, the poll panel did not share the overall polling percentage at its briefing.
TCS still ace in the pack
A look at few gurus who have attracted controversy in recent times.
Since many of Modi's urban policies were initiated in Ahmedabad, the city may act as a template to examine what can be expected in a country that is witnessing the biggest migration from rural to urban areas in the world
Travelling across tribal Dahod to an about-to-be-born township near Ahmedabad, Sheela Bhatt examines the 'Modi effect' and how it will play out in the polls in the prime ministerial candidate's home state.Travelling across tribal Dahod to an about-to-be-born-township near Ahmedabad, Sheela Bhatt examines the 'Modi effect' and how it will play out at the polls on the prime ministerial candidate's home state.
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