However, as the region with the state's highest concentration of Muslims readies for polls on November 7 in the last phase of the elections, it is the Rashtriya Janata Dal-Congress-Left alliance that draws considerable support from the community amid sporadic voices in Owaisi's support as they weigh their choices.
Debt funds typically held 0-5 per cent of their portfolio in cash and cash equivalents before this Sebi diktat.
While bankers and experts expect the lending rate to fall by about one percentage point in the near-term, the Prime Minister's Economic Advisory Council has strongly pitched for rate cut by the RBI in its monetary policy review later in the month.
The central bank kept the short term lending and borrowing rates unchanged.
The revival of long-term growth is highly dependent on the revival of private investment.
The Reserve Bank of India has kept all key interest rates unchanged in its mid-term credit policy review announced on Monday.
Of BSE 500 companies, promoters of 142 companies have pledged their holding.
High networth individuals selling stocks to buy real estate is among the key risks for the Indian markets.
In absolute terms, the outstanding book value of NPAs of LIC in the debt portfolio across life, pension and unit-linked funds is to the tune of Rs 32,685.39 crore at the end of December 2019.
RBI has held its short-term lending (repo) rates unchanged at eight per cent since April 2012.
In the last nine sessions, the Sensex had lost 1,940.73 points and the Nifty has given away nearly 600 points.
From playing to the Sikh vote bank because Punjab elections are round the corner, to ensuring that a discordant 'us versus them' note was struck, whatever could be done to exploit every last drop of communal appeal, was done, observes Jyoti Punwani.
How long will the RBI allow the government to borrow cheaply? A change in policy direction will see rates climb and bond values fall. Investors in debt funds are therefore at risk, as are people invested in the heated stock market, warns T N Ninan.
CII suggested the policy measures required to ease the tight liquidity situation by cutting CRR by at least 50 basis points.
Though the NITI Aayog did not give its estimates for the required GDP growth at constant prices, economists pegged it at 9 per cent, a feat not seen since the GDP series was revised with 2011-12 as the base year.
ITC, L&T, Reliance Industries and ICICI Bank weighed on the indices.
Government, RBI sign pact to target CPI at 4%.
The purchase or construction of houses by large numbers of people can add meaningfully to India's economic growth, points out Neelkanth Mishra.
Investors need to evaluate the offerings of a broker in totality before selecting one.
According to Soumya Kanti Ghosh, chief economic advisor of the State Bank of India group, a 50 bps rate cut is a possibility, but 25 bps is more likely.
Softening inflation, Das said would make available more policy space to the central bank to address risks to the growth going forward.
Asked when the economy will revive, Das said it is difficult to make an estimate as there are many things which are still playing out.
This mean that just Rs 10,720 crore of the junked currency did not return to the banking system.
Atanu Biswas explains the economics behind hosting a Games in pandemic times.
Biden, 77-year-old the former US vice president, is ahead of Trump, a Republican, in the Northern battlegrounds of Wisconsin and Pennsylvania, as well as in the states of Florida and Arizona, according to a poll of likely voters conducted by The New York Times and Siena College.
The deposit rates are up by one percentage points.
As India gets ready to roll out one of the largest vaccine programmes, billionaire Mukesh Ambani on Tuesday said his group is working with authorities to provide technology tools and backbone for mass inoculation against COVID-19. Ambani's telecom venture Jio was rolled out four years back, offering free voice calling and dirt-cheap data. Today, Jio is India's largest telecom operator with over 400 million users, each connected to the internet. At a Facebook event, Ambani said the government's digital push kept the country running even during the pandemic and is now helping in the rollout of one of the largest vaccination programmes.
If Reliance has to pay about one percentage point more for short-term money, the bond market could be out of bounds for many lower-rated firms after some time.
The new PN3 norms and lack of clarity on what constitutes beneficial ownership are the primary reasons for the decline in investments from China and Hong Kong.
Going by the strict criteria set, only Maharashtra, Tamil Nadu, Gujarat, Karnataka, Uttar Pradesh, Andhra Pradesh, Madhya Pradesh, and Haryana qualify for such extra borrowing, as of now.
About Rs 4,257 crore worth of bids have been received so far and the Centre hopes that retail investors - those investing up to Rs 2 lakh - will place bids worth at least Rs 750 crore.
Pronab Sen, the government's former chief statistician, says contrary to perception, GDP growth won't be drastically hit in the present quarter.
For 2020 calendar year, it reduced the estimate by a similar measure to 6.7 per cent.
Modi's Atma Nirbhar Bharat Abhiyan or Self-reliant India Mission is about 10 per cent of India's GDP in 2019-20 and would rank behind Japan, the US, Sweden, Australia and Germany. But unlike most of the relief packages announced globally, Rs 20 lakh crore is not entirely in new spending and includes Rs 1.7 lakh crore package the government had announced in March as well as the steps taken by the Reserve Bank of India (RBI) such as liquidity enhancing measures and interest rate cuts.
'Perhaps GST was too complex a system for the Indian economy at its present stage of development,' argues T N Ninan.
The market breadth, indicating the overall health of the market turned negative from positive
Food inflation, which was 11.40 per cent for the week ended July 31, is in double digits for the second consecutive week, after it remained in single digit for a fortnight in mid-July.
Traditionally, issuance from Chinese companies dominate the green bond market, but other emerging market economies are coming up fast