This rally is largely being driven by hopes that the Modi government will drive economic growth higher, and, thus, increase earnings growth for companies.
There are lessons for the Congress to learn from the Karnataka elections of how burying the hatchet among top leaders and not washing dirty linen in public can help, says Ramesh Menon.
The rupee had gained nine paise to close at nearly one- month high of 61.84 against the dollar in yesterday's trade after the government said in the interim Budget that fiscal deficit this financial year will be capped below target.
Manchester City and Everton players took to the field wearing Ukrainian flags before their Premier League game on Saturday while there were anti-war messages at stadiums elsewhere following Russia's invasion of Ukraine.
Park is charged with one count of conspiracy to commit computer fraud and abuse and one count of conspiracy to commit wire fraud.
The first fatality from COVID-19 was reported from the Washington state on February 26.
In all, 37 central banks around the world have eased monetary policy so far this year to boost growth, fight deflation or both
Despite accounting for the largest number of fatalities, the death rate, however, in the US is much lower than other countries.
The gains will provide a much-needed reprieve after the rupee fell for a fifth week and hit an over two-month low last week in trade.
The BSE IT sector, however, failed to snap a three-day losing streak and closed around 0.14 per cent lower.
Economic recovery in US, euro zone help; new orders sub-index at 52.4
The 30-share Sensex closed down 114 points at 28,622 and the 50-share Nifty ended down 37 points at 8,686.
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Markets ended flat on Tuesday, amid a volatile trading session, as investors exercised caution ahead of the two-day FOMC meet starting today and Reserve Bank of India's monetary policy later this week.
By changing the nation's name from India to Bharat, would this landmass overnight lose the emotional and cultural linkage that had been built over generations, centuries and millennia, asks N Sathiya Moorthy.
Prime Minister Narendra Modi's idea of cooperative federalism is expected to be on display in the 2015-16 Budget.
A stable dollar will at minimum reduce incremental cross-currency pain for Indian cos.
Banerjee, who was speaking to reporters at West Bengal's state secretariat, said that her party's name will remain the All India Trinamool Congress.
The agreement on sharing of financial information is a distinct and welcome break from its trend.
The US House of Representatives averted a government shutdown on Thursday, narrowly passing a $1.1 trillion spending bill despite strenuous Democratic objections to controversial financial provisions.
Unlike any other business, banking is a turf where the captain's role is the most critical. Often a bank is defined by the personality of the CEO who runs it. Both HDFC Bank and Kotak Mahindra Bank are the creation of their CEOs, notes Tamal Bandyopadhyay.
Private banks are assumed to be more efficient at intermediating between depositors and investors.
The deficit data was the latest in a run of positive signs for the sluggish domestic economy and could put India in a better position should the Fed start tapering, than in the summer when the rupee hit a record low.
According to a notification issued by the Union home ministry, the Municipal Corporation (Amendment) Act, 2022 will come into effect from May 22.
Political risk culminating from elections in the US and Latin America, and evolving right-wing populism in Europe could lead to substantial volatility, say Abheek Barua & Tushar Arora.
CPI inflation has declined by almost a percentage point from July, from close to eight per cent to just above seven per cent.
All Russian diplomats, connected to the country's intelligence agencies, and their families have been given seven days' time to leave the country.
The US dollar index, which measures the greenback's strength against a trade-weighted basket of six major currencies, was up by 0.31 per cent at 97.52.
A mixed global trend and weakness in rupee influenced the sentiments during the day.
The government will release the Index of Industrial Production for July 2015 on Friday, September 11, 2015.
'We know these are mind games Ajit dada is playing, but he (Sharad Pawar) doesn't get swayed by such gestures.'
Unwinding of long dollar positions ahead of the US job data backed the rupee sentiment
US gold futures slid over 1 per cent on Thursday, while silver futures dropped 2 per cent.
The 30-share Sensex closed at 27,112 up by 481 points whereas the Nifty ended higher by 139 points at 8,115.
The quizzing of the 48-year-old daughter-in-law of superstar Amitabh Bachchan and Samajwadi Party MP Jaya Bachchan comes weeks after her husband Abhishek Bachchan was questioned by the agency in another case emerging from the same set of papers linked to the offshore leaks case, they said.
India, Asia's third-largest economy, is likely to grow 5.3 per cent in 2013, the OECD said, lower than the November forecast of 5.9 per cent.
India builds up record FX after Fed hints rate hike in future.
Both statesmen possess a cultivated pugnacious style which they keep in reserve and can at will bring into play, and despite the mutual distrust in Russian-American relations, they are proponents of detente, quintessentially, who take their mission deadly seriously, points out Ambassador M K Bhadrakumar.
The RBI is expected to cut rates in next policy.
RBI governor Raghuram Rajan is likely to cut rates in next monetary policy.
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