This is first time in 25 years that a benchmark equity index in India is trading at a P/E multiple of 40x or higher.
Such cold-shoulder by banks also indicates a credit freeze that is hard to overcome, unless the government comes out with credit guarantee schemes for loans given by banks. Since that is not happening, and there is no indication of that too, banks are not willing to listen to RBI prodding.
...accusing them of failing to meet minimum standards.
Over 5 million alumni from the Indian Institutes of Technology, Mumbai University and Institute of Chemical Technology, Mumbai, plan to raise Rs 21,000 crore to start the world's largest infection testing lab in Mumbai.
'As a course mate who has followed closely this star on the Bombay Sappers firmament, my heart swells with pride to see his extraordinary brilliance and focus; his commitment and his dedication; his hard work; and his technical as well as tactical knowledge,' says Colonel K Thammayya Udupa (retd) of his batchmate General Manoj Pande who will take over as chief of the army staff on May 1.
At the summit, India signed the SCO's memorandum of obligations, kick-starting the process of its accession into the group as a full member.
'The government has to take effective steps to strengthen democracy, rule of law, maintain communal harmony and safeguard the security of the country and its people.' 'The government has to carry all sections of the people with it irrespective of their race, caste, community, region or language,' and try to unite them by promoting fraternity among them,' says legendary Constitution expert P P Rao.
According to sources, all private offices will work from home and only government offices and essential services will be open.
'It is only natural that in such a national crisis, we should lend a helping hand to the less privileged members of our communities.'
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
The Oxford vaccine, which also has a tie-up with the Serum Institute of India, is expected to win approval in the UK before Thursday, speeding up the provision of the jab to the most vulnerable groups.
As the United States prepares to sell F-16s to Pakistan, the country's former top diplomat has warned the Congress that such fighter jets would end up being used against India and not against terrorists.
From the rented home where he paid Rs 500 a month in the 1990s to the flat he will buy from the one crore won on KBC, Ajeet Kumar's personal journey is a story worth cheering for.
This visit has ended on a vastly different note in comparison with Modi's previous visits. Call it a rebuke, call it a censure, call it a distancing from Modi, the sharp message would have gone home, observes Ambassador M K Bhadrakumar.
Pravasis have created a great impression among Americans about their maternal country, India, says Dr Joy Cherian, the first Asian American to be appointed to a sub-cabinet level position in the US government.
The cases reported on Wednesday include a couple and their two-year-old daughter in Rajasthan who had recently returned from Italy. The patients belong to Rajasthan's Jhunjhunu and had returned from Italy on March 8.
Financials emerged as the top gainers while auto shares rallied on robust September sales
From its March 2020 low, Bitcoin has gained a massive 474 per cent and has surged 214 per cent year-to-date.
For many years now, India has given the Commonwealth short shrift so its support for the Commonwealth trade initiative signals a renewed interest in the body.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
Russia and China are tight-fisted and Iran is broke and none of them has the political will or capacity to bankroll the Afghan economy, which only the US can, points out Ambassador M K Bhadrakumar.
The Narendra Modi government on Monday appointed Arvind Gupta, a former Indian Foreign Service officer, of the 1979 batch, as Deputy National Security Advisor. This appointment comes within days of Nehchal Sandhu quitting as deputy NSA, citing personal reasons.
IndiGo Airlines signs $2.6-billion leasing and financing MoU with Industrial and Commercial Bank of China.
Kerala top the list of state-wise break-up of repatriation requests with 25,246, followed by 6,617 from Tamil Nadu and 4,341 from Maharashtra. A total of 3,715 people from Uttar Pradesh requested for evacuation, 3,320 from Rajasthan, 2,796 from Telangana and, 2,786 from Karnataka.
Sonia Gandhi hit out at the BJP for being determined to destroy constitutional values.
The Wayanad lawmaker, who became the Congress president in 2017, offered to step down from his post at the Congress Working Committee meeting on May 25, taking moral responsibility for the Congress' abysmal performance in the 17th Lok Sabha elections.
The Union Health ministry put the number of positive cases at 82, eight more since Thursday night, which includes the woman and a 76-year-old man from Karnataka who became the country's first coronavirus fatality besides 17 foreign nationals, Health Ministry officials said.
Coronavirus is a '12-18 months' problem and the world is not going to be free of this till 2021, says Professor Ashish Jha.
The Indian Institute of Capital Markets invites applications for its one-year full-time post graduate Securities Markets Programme.
This analysis is based on the quarterly earnings for 724 companies.
'Those who come from outside are surprised at the relatively small strength of the RBI supervisory cadre, relative to the needs of the country and the needs of the financial sector.'
As Microsoft ends support for its Windows XP next month, the software giant said a number of ATMs are yet to upgraded and such cash vending machine may face security risk.
Niraj Bhatt discovers how a CFO 'without a finance background' made it to the corner office at TCS.
The government has adopted a graded approach under 'Unlock' and to open up various economic activities, secretary in the health ministry, Rajesh Bhushan, told a press conference.
Resident Doctors' Association of the AIIMS in Delhi, which earlier decided not to join the strike, announced withdrawal of all non-essential services from noon after a junior doctor at its trauma centre was assaulted in the early hours of Monday.
As per the mega consolidation plan, Oriental Bank of Commerce and United Bank of India will merge into Punjab National Bank (PNB); Syndicate Bank into Canara Bank; Andhra Bank and Corporation Bank into Union Bank of India; and Allahabad Bank into Indian Bank. Following this merger, PNB will become second largest after the SBI, Canara Bank fourth, Union Bank of India fifth and Indian Bank seventh biggest public sector lender.
The party's research department team, which Rajya Sabha member M V Rajeev Gowda heads, has sifted through the suggestions received in the last five months, and the manifesto is slated to be released later this month, reports Archis Mohan.
Let Air India - that anyway flies very limited international routes, often bleeding profusely and makes huge losses on trunk routes - do this national service, says Anjuli Bhargava.
The optimism in global markets could help India as the rebound in GDP is expected to continue and get more broad-based.
In a bid to gain a bigger share of the customer's wallet, banks are ramping up their cross-selling initiatives.
