MCX and MCX-SX are facing the worst crisis in their existence following the Rs 5,574 cr fiasco at the National Spot Exchange.
Rupee was impacted by renewed dollar demand from banks and importers amid sharp falls in equity market
The international investors who are investing, merging and shaping India's new ecommerce start-ups are betting that if China can produce an Alibaba with an expected market value of $ 170+ billion market value when it does its IPO, India should produce at least one or two with a $5bn+ market value, says Ajit Balakrishnan.
Nestle India has tied up with five cement manufacturing units.
Soaring output has left the world awash with cheap crude as supply exceeds demand by 1 million to 2 million barrels per day
The world economy's growth engine is slowing, but not collapsing.
Muted global trend after a report that US President Donald Trump was preparing to impose more tariffs on China hurt trading sentiments.
Making a weak opening, shares of FTIL further tanked 45 per cent to Rs 105.5 -- its fresh 52-week low on the BSE.
SpiceJet slumped slumped almost 14 per cent amid reports that the Airports Authority of India (AAI) has decided to withdraw credit facility to the low-cost carrier.
The 30-share Sensex ended down 71 points at 26,710 and the 50-share Nifty lost 38 points to close at 8,030.
The local currency had shed 2 paise to close at 63.44 on Tuesday.
The success stems from Titan's betting hard on wedding jewellery over the last three years. It now contributes 20 per cent to revenue.
Stock crashes 6.5%; top 5 firms lose Rs 33,883 crore in market cap
The 91.9 per cent slide in the stock price of Gitanjali Gems since April has depleted the value of promoter Mehul Choksi's holding in the company by at least Rs 17 crore (Rs 170 million) a day on an average.
FIIs accumulated India's top-listed companies at an average valuation of around 16 times.
RBI's intention to keep its target inflation rate at 5% was the main reason behind keeping rates unchanged, says Adhil Shetty, CEO of BankBazaar.com.
In all, 37 central banks around the world have eased monetary policy so far this year to boost growth, fight deflation or both
The infra-major going belly up cracked open some major flaws in the system - the most evident being weak corporate governance and how layers of corporate structures could be formed adding to the opaqueness of the group.
'The policy is to consolidate farming into the hands of a few and to take away the food security of the country.' 'Once food is in the hands of 15 chosen corporate houses, you will get food, but at a price that they determine.'
We may turn our noses up at those who do it but that doesn't mean we haven't done one (or all) of these things at an ATM.
After posting a net loss of $265 million and with more loses being predicted for the next quarter, things are definitely not looking good for HTC Mobiles, says Siddhy Shetty
The fiscal deficit of the Centre remains a worry, running at over 6.5 per cent of GDP in April-September 2014, mainly because of revenue shortfalls from exaggerated projections in the government's July Budget and despite the relief on subsidies from lower oil prices.
The rupee had slumped to its all-time closing low of 68.80 a dollar on August 28, 2013.
The promoters expect to get Rs 9,000-10,000 crore from the sale of their assets
These funds give the wealthy an option to invest in strategies that other equity products like mutual funds and portfolio management services cannot, says Nishant Agarwal.
'The government has said it has kept its powder dry to fight the true battle against the debilitating influence of the pandemic.' 'The release of the shocking economic data this week should act as the fuse for using that powder now.' 'Further delays will make the battle that much harder,' notes Shreekant Sambrani.
Agriculture and processed food exports dropped to a five-year low of $24 billion in 2015-16.
According to Knight Frank, in the second half of 2015, launches will be down 52 per cent (from 37,643 in the second half of 2014) to 18,000, while absorption will improve 24 per cent.
With nearly a quarter of U.S. energy shares' value wiped out by oil's six-month slide, investors are wondering if the sector has taken enough punishment and whether it is time to pile back in ahead of earnings reports later this month.
Rita Mozumdar argues small vehicles have not passed the frontal impact test as required under the law
'I can confidently say there will be another financial crisis soon enough, and probably more than one global crisis within the next century, given the increasingly integrated nature of the global economy.'
It has once again returned to strong growth after a brief hiatus, spurred by the return of investors' confidence (and cash) in India's online food ordering sector.
Reliance beat analyst expectations on almost all parameters
Here are 15 things that would have made 2015 a great year.
With this subdued forecast, India is likely to record its worst growth performance since the 1991 liberalisation. However, it is among the only two major economies, which will register a positive growth rate in 2020. The other being China, for which the IMF has projected a growth rate of 1.2 per cent.
Investor wealth too fell by nearly Rs 7 lakh crore during 2015-16 or over Rs 2,700 crore per trading session.
Why do hundreds, and in some cases, thousands, turn up for a single vacancy at the lowest rungs of government jobs? The answer is simple: It offers a stable, assured income, which overcomes all other objections, says Shreekant Sambrani.
Technically speaking, US equities have seen net losses since January. India is strongly influenced by US trends.
If you are not already lost in the zeros this wealth stands at Rs 257 lakh crore or Rs 257 trillion, according to a report unveiled by Karvy Private Wealth for the year 2014.
The broader Nifty too fell for the second straight session and closed with a loss of over 62 points, or 0.54 per cent, at 11,520.30, after hovering between 11,496.85 and 11,602.55.
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