It was a year of big gains for equity investors.
Markets end higher ahead of Fed outcome, China stimulus
As and when the GST comes in, Budget projections will have to be unbundled and revised. In fact, the pragmatic decision would be to present another Budget! This makes the passage of the Finance Bill with its multiple unrelated amendments seem even more dubious, says Devangshu Datta.
'I can confidently say there will be another financial crisis soon enough, and probably more than one global crisis within the next century, given the increasingly integrated nature of the global economy.'
'Sakshi's medal will do to women's wrestling what Sushil's 2008 Olympic medal did to wrestling in general.' 'It will make more and more families put their daughters into wrestling.' 'More and more young girls will fall in love with the sport and demand that they be taken to akhadas.'
Weak GDP data and unfaouvrable global data has pulled down Sensex, Nifty.
By tying gold imports directly to export volumes, India is effectively trying to cap how much bullion can be brought into the country, tightening supplies and driving up local prices.
The ruling by US Judge Steven Rhodes, who cited the city's dismal finances and $18 billion owed to a multitude of creditors in support of his decision, marks a watershed in the history of Detroit.
Trump said Putin would have been happier if Clinton had won as this would have made America weak.
So unless you are convinced of getting your market timing absolutely bang on everytime, opting for SIPs is more realistic from a logistical and psychological standpoint, says Larissa Fernand
Levy in India one of the highest in the world; finance minister urges banks to tell customers not to invest in the metal.
India does not have a unified regulatory regime to counter Ponzi, or pyramid, schemes whose operators typically grab new deposits to meet their promise of guaranteed returns to existing savers, point out Manoj Kumar and Mayank Bhardwaj.
Gambling debt, stock tip lead to $1 million settlement but no charges for golfer Phil Mickelson.
The G-4 foreign ministers' grouping, that includes India, on Thursday called for urgent reform of the United Nations, including the Security Council, an issue that India has emphasised for the past several years.
The 30-share Sensex ended down 414 points at 25,481 and the 50-share Nifty slipped 119 points at 7,603.
Top security experts of India and the US met in New Delhi on Wednesday to discuss various measures, including exchange of technologies, to help each other face challenges like terrorism, cyber crime and ensuring safety of major cities.
HDFC twins, Axis Bank, ICICI Bank and SBI from the financial space gained between 1-2.7%.
RBI is unlikely to stem the slide against the dollar as the greenback is rising rapidly against all currencies in the world.
Marathon man Kei Nishikori secured a monumental upset by sweating out a 6-4, 1-6, 7-6(4), 6-3 win over world number one Novak Djokovic at the U.S. Open on Saturday to become the first Japanese man to reach a Grand Slam final.
Barclays is not alone in trying to decide the best size and shape of its investment bank in a changed regulatory landscape.
IMAGES from Day 4 of the Australian Open in Melbourne, on Thursday.
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.
The 30-share Sensex ended lower by 61 points at 29,122 mark and the 50-share Nifty slipped by 12 points to close at 8,797.
The finance ministry and RBI must get less conservative and improve co-ordination.
IMF members will also be examining whether China's heavy intervention in the yuan market was befitting of a freely convertible reserve currency
Investor confidence has evaporated amid fears over the rising cost of funding India's gaping current account deficit, prompting New Delhi to delay plans to raise much-needed funds through partial privatisations, finance ministry sources said.
Based on the GDP numbers and the remarkable stability of the taka Bangladesh's Prime Minister, Sheikh Hasina, is a better manager than our 'economist prime minister',' says TVR Shenoy.
Chaos in Parliament threw a spanner in the government's efforts to revive the economy and kick-start reforms.
'Notwithstanding the physical distance, the two countries historically had a convergence of approach and outlook to many international issues.' 'The relationship between the two countries cannot develop or flourish in a vacuum. There should be initiatives at various levels -- at the level of government, Parliament and the people.'
2016 is difficult to predict, and this uncertainty will drive volatility in global markets.
President Trump has condemned the shooting incident.
Reliance Industries and ONGC were down 4-6% each contributing the most to the Sensex losses
As concern about the unfolding economic crisis has risen in India, many experts have assured us that 2013 is not 1991.
This means lower losses on fuel sales by Indian oil companies and a shrinking oil subsidy bill for the government.
Trade sanctions on Russia by Europe and the US offer an opportunity for India, but the devaluation of the rouble may play spoilsport
'India may be new to world politics and her military strength insignificant in comparison with that of the giants of our epoch.' 'But India is old in thought and experience and has travelled through trackless centuries in the adventure of life.' 'Throughout her long history she has stood for peace and every prayer that an Indian raises, ends with an invocation to peace.' Jawaharlal Nehru's memorable speech to the United States Congress.
Accommodative monetary policy has driven a bull market in stocks in recent years, but the Bank of England is expected to raise interest rates early next year and the U.S. Federal Reserve not long after, tempering future gains.
India is expected to press for text-based negotiation during the current session of the United Nation General Assembly. Suman Guha Mozumder reports from New York
'Alas, in this scheme there is nothing to stop the black money flows of the future.' 'On the contrary Modi has sown the seeds of more, through the issue of Rs 2,000 notes.' 'But have you heard one politician decrying this aspect of the scheme?' 'They must be secretly rejoicing that while Modi is taking away their past, he has not shut the door on their future,' says banker S Muralidharan.
The Indian Army rejected DRDO's INSAS assault rifle in 2010 due to its all-round inefficiency. Now the army is being forced to accept DRDO's Excalibur rifle, which is basically an ungraded variant of the INSAS, to make up for a severe shortage of small arms.
