It is by now quite clear that in all likelihood the US Federal Reserve will hike interest rates in its next meeting in mid-December.
Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy
'Modi is likely to make more announcements to win or retain popularity, and put himself at the centre of things even more than now,' says T N Ninan.
A stable dollar will at minimum reduce incremental cross-currency pain for Indian cos.
The possibility of a deal between Iran and the world on its nuclear programme has some perils but much promise for India, says Uday Abhyankar
The Middle East's power house is about to get a new ruler who is only 31 and he may lead Saudi Arabia for decades, says Ambassador M K Bhadrakumar.
Tata Steel and Tata Chemicals under investor watch
'In today's digitalised world, news about the prevalence of such intolerant groups with their pathological animosity towards the minorities cannot remain a secret.' 'Silicon Valley CEOs will undoubtedly factor in such disturbing inputs as they draw up their investment plans.'
Saurabh Mukherjea, CEO, Ambit Capital, says he is advising clients to either take a genuinely long-term view on stocks or diversify the portfolio with stocks, bonds and gold for those with a short-term view.
'You won't find such an apathetic indecisive party in the world.'
'She adds value to life in many commendable ways. Apart from her many contributions to our consumer products business and Godrej Properties, she dedicates her energies and resources to charity, to philanthropic causes and most of all how she has managed her time as a wife, mother and entrepreneur brilliantly,' says Adi Godrej.
The rally in Indian market is mainly due to resumption of foreign institutional investor inflows.
'Alas, the Congress party offers no suggestions as to how to unscramble the omlette it cooked during 2004-2014 on which the Modi government may have since lavishly spread some tomato ketchup,' says Ambassador M K Bhadrakumar.
'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.'
'What gives hope is that Modi's own leadership is vitally linked to his capacity to deliver on the economic front. Indeed, if he succeeds, India's foreign policies will have changed beyond recognition,' feels Ambassador M K Bhadrakumar.
Ahead of the assembly elections next year, the BJP has been wallowing in a welter of ideas that has resurrected the debate on populism versus pragmatism, as it has to pander to two important but incompatible constituencies, of the freebie consuming masses and Bengaluru's heavy hitters craving for even roads, pristine lakes and unbroken power supply, reports Radhika Ramaseshan.
Putin, 62, who holds an 8th dan black belt in Karate, said, "I do not know how to do yoga. When you people do it, it looks difficult. That is why I have not tried it."
Sensex seems to be under pressure on weak cues.
The foundations of the army's own peculiar secularism are potentially being destabilised
In 2015, India chemicals industry had a market size of $144 billion.
Hamid Anasari's was not talking of reservation for the whole religious community to which he too happens to belong. Yet, sections of media chose to put words into his mouth and then subject him to the criticism he never deserved. This does not augur well for our media or democracy, says Mohammad Sajjad.
'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.
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.
In India, bond yields have fallen nearly 70 basis points in the last one year.
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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."
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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.
Slow pace of reforms in India is disappointing: Faber
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.
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
