In the broader markets, the BSE Midcap and Smallcap indices extended gains and were up over 1% each
SEWA International, a leading Indian-American non-profit organisation, has so far raised more than $250,000 for its COVID-19 relief efforts. It is using the money to buy personal protective equipment's, in particular facial masks and surgical masks, to donate free to the local law enforcement officials and hospitals in some of the hot spot areas like New York, who have run out of these essential items.
Since April, India has seen multiple strains of the coronanavirus sweep the nation, upending life and businesses alike. Out-of-home retail and discretionary categories such as durables, auto, fashion, lifestyle, hospitality, food services, travel, and tourism have been the worst-hit as Covid cases remain high, leaving state governments with no option but to curtail mobility and economic activity.
The banking regulator is seeking an early exit mechanism for private banks under Prompt Corrective Action.
BSE Bankex, Healthcare, Capital Goods and Consumer Durables ended higher.
Rate sensitive sectors rallied the most led by banks while metals surged on rebound in commodity prices
The Fed has prepared the world very well for a rate hike. In fact the market may have priced in a 25 basis points increase. So if the increase is 50 basis points, the reaction could be stunning, but a 25 basis points rise is not likely to have any great impact, says P V Subramanyam.
Moving ahead with their new mantra -- Chalein Saath Saath: Forward Together We Go -- Prime Minister Narendra Modi and United States President Barack Obama on Tuesday vowed to deepen cooperation in every sector for the benefit of global stability and people's livelihoods over the next ten years.
Few proposals included in the Finance Bill would not help ease liquidity concerns in the economy, say RBI officials.
In India, it is not easy to fight it out with the large banks which are nimble-footed and technology-savvy and are continuously innovating on the retail turf with newer products for customer acquisition.
Two namesake coaches who have propelled Russian synchronised swimming to one medal after another hope to blow rivals out of the water once again at the Rio Olympic Games.
Reliance Industries and ONGC were down 4-6% each contributing the most to the Sensex losses
'The market movement will be largely driven by earnings growth.'
Union Home Minister Amit Shah on Monday said the government has no other option but to extend President's Rule in Jammu and Kashmir as the Election Commission wants to hold assembly elections in the state by the end of 2019.
The broader markets are trading inline with the larger peers with BSE Midcap and Smallcap indices up 1.5% each.
The 12,350 sq mt Villa was once used by Mallya to host lavish parties in his 'good times'.
The Bharatiya Janata Party, however, termed the autopsy report of the 17-year-old girl, who was the sister of a BJP activist, a 'cover-up' and reiterated its demand for an impartial probe into the incident. The ruling Trinamool Congress accused the BJP of trying to 'make an issue out of a non-issue'.
In a significant departure from tradition, the United States has decided to host Prime Minister Narendra Modi by working out a "special gesture date" around the 69th Session of the United Nations General Assembly meeting that is scheduled to take place on September 26 in New York.
Price has been fixed at Rs 85.3cr
U.S. economic growth braked more sharply than expected in the first quarter.
With the frontline Indian benchmark indices trading near all-time highs ahead of the general elections that begin later this week, Marc Faber, Editor and Publisher of "The Gloom, Boom & Doom Report" tells Puneet Wadhwa that the Indian stock market is relatively expensive, especially the index (large-cap) stocks.
Uber is facing sharp criticism from fellow taxi providers for not following strict security norms leading to the rape of a passenger in New Delhi.
According to him, since India has a low fiscal deficit, a low current account deficit and lower inflation, there is no need for being too dependent on foreign money for growth.
A big hit to China's growth or to Europe's financial system could certainly tip the global economy.
Oil Minister M Veerappa Moily has suggested pricking the ballooning oil bill with everything from a street theatre campaign encouraging lower fuel use, to shutting fuel stations, to increasing imports from Iran.
Higher education policy may be at the core of the Tamil Nadu assembly polls next May, with a potential to break the ties between the ruling AIADMK in the state and the BJP counterpart at the national level, says N Sathiya Moorthy.
RBI's out-of-turn rate cut has surprise few economists.
It's crucial for Modi to make India an easier place to do business.
Engineering major BHEL rebounded from its day's lows to end around 1% higher.
The announcement of the formation of the BRICS bank will have as much an impact about how the non-G7 countries manage their economies and their foreign reserves, as it does on the intellectual discourse. The development priorities and agenda which was hitherto set by western experts responding mostly to western priorities and notions will now have to compete with an intellectual tradition that is and can be very different, says Mohan Guruswamy.
Most experts said indices would open higher on Monday and rally might sustain for a few sessions
Investors booked profit ahead of the outcome of the two-day US Fed policy meet which begins today.
Some investors had speculated that the US central bank might put its plans on hold given the jitters overseas.
Banks now ride on what is defined as a "banking outlet". This is a fixed-point service unit, manned by either the bank's staff or its business correspondent (BC), where all kinds of services - acceptance of deposits, encashment of cheques, cash withdrawal or lending of money - are provided for a minimum of four hours per day, for at least five days a week. Banks are now turning to reposition the manner in which they acquire customers, report Abhijit Lele and Raghu Mohan.
A Pakistani court on Friday dismissed the plea of Zaki-ur-Rehman Lakhvi against his detention under a public security act, keeping the mastermind of the 2008 Mumbai attack in jail till mid-April.
The Rajya Sabha on Monday saw high drama and embarrassment for the government as a Constitution amendment bill on backward classes was changed after some amendments moved by the Opposition were passed by the House.
Chief ministers of states like Andhra Pradesh, Kerala and Karnataka were among those who raised the issue of loan waver scheme for farmers.
Banerjee, also the TMC supremo, said in a sarcastic way that personnel of security forces such as the CRPF, BSF, CISF and the Army are present at convoys of every BJP leader visiting West Bengal.
Technically speaking, US equities have seen net losses since January. India is strongly influenced by US trends.
'Revisit old footage, perhaps: Your favourite Messi goal, your most memorable Tendulkar century, your dearest Manchester United comeback.' 'Only then will we be able to grasp the lost meaning of why we watch sport, why we love it so much,' notes Dhruv Munjal.
