Auto stocks are weighing on the indices.
FIFA presidential hopeful Luis Figo will travel to the Caribbean this week hoping to tempt voters in the CONCACAF region with a plan to distribute more funds, $2.5 billion (1.7 billion pounds) over four years, to national associations.
Although there are serious risks facing the US economy in the coming year, there is also a good chance that growth will be substantially stronger than it has been since before the recession began.
The rupee had slumped to its all-time closing low of 68.80 a dollar on August 28, 2013.
In advanced economies where the financial system is more matured, the form of shadow banking is more of risk transformation through securitisation.
How on earth did Dr Manmohan Singh and his ministers conclude that the casualties of a disaster in a nuclear plant would be fewer than the deaths and injuries caused by the Bhopal gas tragedy? And that the compensation could, therefore, be capped at a smaller amount, asks T V R Shenoy.
As the Centre pushes reforms in the power sector, especially for the beleaguered electricity distribution segment, several states, especially those ruled by Opposition parties, are clamouring against it. Maharashtra, West Bengal, Tamil Nadu, and Kerela have voiced their reservations against the proposed amendments to the Electricity Act, 2003. The irony is the states opposing the amendments on the ground of threat of privatisation already have private partnerships in power supply. The proposed Bill was slated to be placed on the floor of Parliament in the Monsoon session. But it still awaits Cabinet approval amid several states complaining that they have been not consulted on the issue.
The government can also individually exempt the PSBs, that are to be privatisated from the two Bank Nationalisation Acts. This will bring such lenders under Banking Regulation Act, and make them companies, reports Nikunj Ohri.
In just one day, more than 1,550 Americans lost their lives, taking the fatalities to over 7,380. Overall, the US on Friday in a single day added more than 33,000 new COVID-19 cases, taking the total to 276,500, the highest for any country in the world.
The rupee had dipped by a massive 67 paise to an all-time closing low of 61.10 against the dollar on Friday.
The 62-year-old Nationalist Congress Party leader was taken into custody shortly before 3 pm after he was questioned for about six hours at the ED office in south Mumbai's Ballard Estate area.
Three months after she was arrested and charged with visa fraud before being freed on a bail bond, Indian diplomat Devyani Khobragade's motion to dismiss the government's indictment on the ground of her diplomatic immunity was granted Wednesday by a Federal Judge in Manhattan.
46-year-old Robert Bowers, yelled "all Jews must die" before gunning storming into Synagogue was charged with 29 counts of federal crimes of violence and firearms offense
At 11:37 am, the S&P BSE Sensex was up 28 points at 27,037 and the Nifty50 was up 2 points at 8,268
The prime minister and president stated their intention to expand defence co-operation to bolster national, regional and global security.
US economic growth slowed sharply in the fourth quarter.
Investors attribute some of the growth in Indian stocks, that saw Bombay's benchmark BSE index rise nearly a third in 2014, to the election of a pro-business government in May, under Prime Minister Narendra Modi.
Rate-sensitive sectors like banks, realty and auto witnessed heavy selling pressure ahead of the RBI Monetary policy which is scheduled on September 29.
The U.S. economy grew faster than initially thought in the second quarter.
In dollar terms, however, gold prices jumped by 26 per cent this calendar year, following sharp jump in hedge funds' long position
Urjit Patel as the new RBI governor whose focus is on taming inflation has lowered the probability of interest rate cut soon
For banks to cut loan rates, the cost of deposits needs to come down, and there is no sign of that happening.
Adopting a wait- and-watch approach ahead of US Fed meeting
March and April payrolls were revised to show 32,000 more jobs.
S&P BSE Midcap shed 0.8% while S&P BSE Smallcap tumbled 0.6%
'This has been an emotional week and I want to thank everyone for the outpouring of support.'
'India's economic fundamentals are much too strong to be affected by his resignation,' says B S Raghavan.
'The nominations were not meant to last permanently, but depended on the government of the day.' 'There was no question of revoking it during Congress, Janata Dal or even Vajpayee's NDA rule.' 'But Modi is different.'
The Paris-headquartered FATF said Pakistan should continue to work on implementing its action plan to address its strategic deficiencies
The rupee resumed higher at 61.75 as against the last closing level of 62.05 per dollar at the Interbank Foreign Exchange (Forex) Market and firmed up further to a one-month high of 61.53 before quoting at 61.59 per dollar at 1045 hours.
Nearly $1 million in funds from soccer's global governing body FIFA may have gone missing from Guatemala's soccer federation last year, according to sources and an internal audit seen by Reuters.
Japan's Nikkei fell 0.5% and South Korea's Kospi lost 1.3%.
'Going ahead, I think the world trade will slow down or decline, and this will be bad for everybody.'
We bring forth to our readers the list of nations sitting on a nuclear stockpile, based on the study findings:
The number of recoveries also surged with 2,48,189 patients cured so far, while there were 1,78,014 active cases, according to the updated official figures at 8 am.
Pakistan Muslim League-Nawaz (PML-N) president Sharif, 70, and Pakistan Tehreek-i-Insaf (PTI) vice-chairman and former foreign minister Shah Mahmood Qureshi on Sunday filed their nomination papers for the post.
The trinity of rising stocks, rising yields and rising dollar since Donald Trump's election has already faced a setback.
Usually, a fall in oil prices is followed with a cut in retail prices of auto fuels and the government passes on the benefit to consumers. However, Morgan Stanley believes gains this time around will remain capped.
Sensex ended up 11 points at 25,561 and the 50-share Nifty gained 16 points to end at 7,640.
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