President Pranab Mukherjee on Thursday cautioned that poor cannot wait for long and they need to get succour "here and now", in remarks that come against the backdrop of demonetisation which, he said, may lead to temporary slowdown of economy.
Maruti Suzuki is set to steer its fourth brand into 2 million club. The numbers convey a sense of the contribution that WagonR makes to Maruti Suzuki.
Stellar rally in ITC shares along with strength in the Asian equities capped the downside.
The upcoming general elections will be the focus and the economy and market performance will pivot around that event. The general consensus is that the India stock market should be up around 10 per cent by the end of the year.
These automotive companies were afraid of competition and made wrong accusations on grounds of safety.
Sentiments took a hit after broader Asian markets weakened, following a renewed sell-off on Wall Street on Tuesday as energy shares dropped after crude oil prices plunged to a 13-month low amid weak earnings and US-China trade disputes, fuelling worries about economic growth
Reliance beat analyst expectations on almost all parameters
Profits grow, but not because of recovering demand.
Commercial vehicles however declined by 2.83%
Over the past four quarters, the Sensex companies' earnings trajectory has improved sharply because of a weak rupee.
The sharp fall in the rupee's value against the dollar during the July-September quarter, it turns out, has come as a boon for corporate earnings.
Premier Li Keqiang highlighted his government's performance in the last one year and the challenges ahead in various fields. Compared to other reports by his predecessors, Li spoke more frankly about the mounting challenges faced by the country. Srikanth Kondapalli on the two recent Chinese parliament sessions.
The outgoing Chief Economic Advisor will always be remembered for his remarkable passion, his large imprint on policymaking and the high level of public debate he fostered
A must-read excerpt from former RBI governor and former Rajya Sabha member Bimal Jalan's India: Priorities For The Future.
Most analysts expect growth in the sales of Nifty-50 companies to decelerate, albeit marginally, in the quarter ended December compared to the corresponding period of 2013-14, with metals and real estate companies pulling down earnings.
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BSE auto index surged 2%, capital goods, healthcare and oil & gas indices also up.
'It has a natural inclination to foster as much competition among civilian politicians as possible.'
Asia has opened largely in the green ahead of a raft of Chinese data due during the day.
The Nifty had hit its third successive record high of 7,922.70 today.
Theoretically, there is an inverse relationship, but other factors need to fall in place for it to work well this time
This will be an area where bilateral or regional trade pacts may not be able to perform well.
Revenue from its IT services business rose 9 percent to $1.86 billion.
Index heavyweights Reliance Industries, HDFC and Infosys were the top Sensex gainers.
The Modi government's array of economic policy has been impressive.
In the broader markets, BSE Midcap index slipped 0.3% whereas the BSE Smallcap index inched up by 0.2%
India likely to overtake China on strong GDP growth.
Economist Abheek Barua's insight into the global and domestic economy at the turn of the financial year.
'The macro-economic stresses -- high interest rates, rupee depreciation and capital flows -- have receded now.' 'Interest rates have come down, inflation is down and the rupee has bounced back.' 'If oil prices continue at this level, there will be no vulnerability.' 'Growth is a different story.'
The 30-share Sensex is down 359 points at 26,378 and the Nifty has dropped 78 points to trade at 7,883
Investors should now be looking at trimming their portfolio and making prudent investment decisions
Sensex closed over 118 points down on Thursday.
It's difficult to understand if GDP growth has actually improved.
Fiscal discipline has been maintained but toxic assets worth Rs 7 crore are a massive headache
'Assault, abuse and exploitation in the name of gender happens everywhere in any industry. This is the state of affairs. I do not believe in jumping the gun and naming people. Then, everyone will have a field day and the point would be lost. You have to go by the law. You need to evidence to name a person. We are living in a country where domestic rape is not illegal.' Intelligent words from Qarib Qarib Singlle actress Parvathy.
Sanjay Mathur, managing director and head of economics research for Asia Pacific (ex-Japan), Royal Bank of Scotland, tells Business Standard that in the emerging market pack, India needs to learn lessons from Korea and Taiwan, which have managed their economic situations well.
A glance back at some important events that occurred in 2018.
News of all that's transpired on and off the football field
Several brokerage houses have given a year-end target of as high as 30,000 for the BSE bourse's benchmark Sensex, with fund managers telling investors not to redeem though the index is still only around 25,000.
The most immediate cause of worry is the recent volatility in foreign exchange markets, Prime Minister Manmohan Singh tells the Assocham annual general meeting.
'She has to get the funds, cut through bureaucratic flab, speed up modernisation, ensure planned acquisitions stick to timelines, make organisational changes and ensure the military is capable of performing the task that it is given,' says Brigadier S K Chatterjee (retd).
