'Earnings revival could be two quarters away.'
Rajeev Srinivasan on how Indians are satisfied with illusions, not reality.
India offers $1 billion towards Afghanistan's development during Afghan President Ashraf Ghani's visit.
Acquisition of stressed infrastructure assets has pushed its debt to over Rs 1 lakh crore, highlighting concerns about its growth strategy.
In India, bond yields have fallen nearly 70 basis points in the last one year.
Markets have witnessed a gap down opening mirroring losses in the global equities with US markets taking a hit on worries about the health of Chinese economy.
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Markets ended tad lower with financials declining the most ahead of RBI policy review tomorrow.
In his monthly radio programme Mann Ki Baat which he began by paying tributes to the 18 soldiers who died in the Uri attack on September 18, Modi said, "this cowardly act was enough to shake the entire country. There is mourning as well as anger in the country."
According to Merrill Lynch (BofA-ML) report, Domestic capital markets are likely to remain volatile in the September-November period due to factors like US Fed's policy action, second quarter corporate earnings and Bihar state elections.
Slow pace of reforms in India is disappointing: Faber
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The disparity between the outlook of the rich and poor was greater in India than in any other emerging economy. Indians might want to be worried about this because this suggests that the rich are really out of touch with the poor, Bruce Stoke, Director of Pew Research Center, tells Faisal Kidwai in an interview.
This was even as the country's economy grew by 7.3%.
The long-term growth perspective or potential for India is one of the highest in the Asia Pacific region.
Sensex ended at 26,272 up 125 points and Nifty ended at 7,831 up by 35 points.
A sluggish economy and stalled bureaucratic decision-making for the past two years thwarted capital investment and dented earnings, making it tough for the companies to raise funds.
In the near term, the key driver will still be the government's fiscal spending.
Sensex closed the day 416 points higher.
The industry employs about 10 million workforce.
But experts say downside limited, pockets of opportunities for investors
Industry demands the basic customs duty on all steel imports to be raised to 25%
'Indians are great savers, but they are lousy investors.'
Kerala Chief Minister Oommen Chandy tells rediff.com's Shobha Warrier why the UPA lost in the general elections, the decline of the Left and what he expects from the Centre.
'If you destroy the assets in Pathankot, you degrade the combat potential of India; you degrade the war potential of India.'
A majority of India's billionaires gained wealth in the last one year in spite of the stock market decline.
The West has always preferred a timid, half intelligent and a dependent India rather than a decisively independent and self-reliant one. A pliable Indian leadership suits the West best, says Tarun Vijay.
Indian economy about to take-off
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