'The new government will have to contend with slowing economic growth, weak private investment, anaemic exports and vulnerable external imbalances, a stressed financial system, mounting fiscal pressures (including high government debt-to-GDP ratios) and an exceptionally bad employment situation,' says Shankar Acharya, former chief economic adviser to the Government of India.
The NSE Nifty also moved up by 12 points to 8,648.35.
'One goal of the Congress would surely have been to rebuild its organisation so that it begins to match that of the BJP.' 'However, this has not happened, though Rahul Gandhi has been in the party for 15 years now,' says Aakar Patel.
Oil firms' borrowings could fall by up to Rs 15,000 cr, govt's subsidy bill by 12% .
Indian regulators have identified certain groups as 'financial conglomerates' and they are being monitored closely for any systemic risks they may pose.
Markets across the globe gained after China Securities Regulator removed its four-day-old circuit-breaker system.
The RBI holds its next policy meeting in early June.
The BJP is banking on development. The opposition is raking up caste identities and the dangers of hyper nationalism.
While TCS, RIL, ONGC, CIL, HDFC Bank, Bharti, HDFC and HUL saw rise in their market capitalisation (m-cap), ITC and Infosys suffered losses.
Once called India's garden city, this upper middle-class residential area in Bangalore has India's most toxic air, says Devanik Saha, IndiaSpend.com.
BS Annual Awards 2014: Power-packed jury picks the best 7 of corporate India
Sensex ends in green on boost from bluechip stocks.
Vijay Mallya who inherited the UB Group from his father as a young 28-year-old, said he has got "nothing to prove".
BRICS countries may reach consensus at next month's G20 summit on creating a $100 billion currency reserve fund to help ease short-term liquidity pressure and safeguard financial stability of major emerging economies, a senior Chinese central bank official said.
The election of Prime Minister Narendra Modi along with the Reserve Bank of India's commitment to contain inflation have sparked the improved confidence.
The 30-share Sensex ended up 12 points at 28,517 while the 50-share Nifty ended nearly unchanged at 8,660.
On the last day of FY!5, the Sensex ended lower by 18.37 points at 27,957.49.
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Indian companies are keenly waiting for reforms on rules related to land acquisition, labour, coal and power sector, and foreign direct investment in insurance sector.
After a brief lull, intermittent rains lashed Chennai and its suburbs on Sunday, while the weatherman predicted more showers in Tamil Nadu over the next 48 hours.
The Reserve Bank has taken some steps to shore up the domestic currency.
'It is the moment where compassion and empathy must supersede our identity, politics, or our ambitions.'
The previous bout of Fed withdrawal fears had threatened to spark a crisis of confidence in India -- sending the rupee to a record low of 68.85 in late August and leading to steep falls in bonds and stocks.
A consortium led by Ajay Singh is initially expected to invest Rs 1,200 cr, largely to cover liabilities.
Stung by the crisis arising out of the Syndicate Bank bribery case, lenders have gone into a fire-fighting mode to avoid fresh bad loans from their exposure to Bhushan Steel, one of the most indebted steel companies in the country.
Broader market outperformed the benchmark indices with S&P BSE Midcap gaining over 1%
Creating history, leading exchange BSE on Wednesday peaked above Rs 100-trillion mark to scale a new record in terms of market wealth of all listed firms.
Sensex, Nifty end lower on global concerns.
Parekh ensures that he never forgets the importance of correctness.
As many as 68 artworks went under the hammer on Tuesday evening and included works by the greats like Raja Ravi Varma, V S Gaitonde, F N Souza, Jogen Chowdhury, and Akbar Padamsee among others.
The government is somehow convinced that selective low-rate lending will stimulate demand and accelerate economic growth that plunged to a four-year low of 4.4 per cent in the first three months of 2013-14.
Bangladesh Premier Sheikh Hasina on Wednesday said she was hopeful that Prime Minister Narendra Modi will play his role in maintaining good relations with neighbours, notwithstanding his "own ideas".
The warning had come after SpiceJet's dues to AAI (including interest at 12 per cent) exceeded Rs 300 crore (Rs 3 billion) this month -- from Rs 230 crore (Rs 2.3 billion) early December last year.
The state-run gas transmission firm Gail (India) Ltd plans to prepay an expensive Rs 500 crore (Rs 5 billion) Asian Development Bank loan by raising debt from domestic market through a bonds issue in January.
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Bankers remained ambivalent on the impact of Tuesday's policy announcement by Reserve Bank on the cost of funds and refrained from giving a guidance on the direction in which lending rates are headed.
The battered rupee gained 225 paise to 66.55 against the dollar today, the most in at least 15 years, after the Reserve Bank of India eased pressure in the currency market by starting a facility for state-run oil refiners to buy foreign exchange.
Finance Minister Arun Jaitley presented the Union Budget.
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
"While it takes political courage to launch such a trailblazing and massive campaign; it actually takes far more wisdom to give it a happy ending," an article in the state-run Global Times said.
Internet giant Google is the most attractive employer for graduates from the Asia-Pacific region in a list of top companies which figures no Indian firm.
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