Leading brokerages Nomura and Barclays on said current account deficit, which unexpectedly improved to 4.8 per cent in 2012-13, but still at a historic high, could moderate further this fiscal on slowing gold imports and cheaper commodities.
All Sensex components ended in the red. IndusInd Bank was the top loser, followed by Tata Steel, HDFC, ICICI Bank, Axis Bank, Infosys and ITC. According to traders, volatility heightened in global markets as US Federal Reserve's interest rate cut stoked concerns over an impending economic recession.
'While most companies were bullish before the second wave of double-digit sales growth in FY22, that may not be the case now.'
Bank of America (BofA) Securities expects India to be the third-largest economy in the world by 2031. The economic rise could become a reality by 2028, but the Covid pandemic delayed the pace, BofA Securities economists Indranil Sen Gupta and Aastha Gudwani wrote in a report.
Together with Barclays-ABN Amro, about a half a dozen foreign banks such as Citigroup, HSBC and Standard Chartered could hire over 50,000 employees in India in the next three years.
Pakistan Cricket Board (PCB) chairman Ehsan Mani is against the idea of someone from among the 'big three' nations of India, England and Australia becoming the next ICC chairperson, saying it would be "healthier" for the game to select someone from other boards.
The bill will now go to the House of Lords on Monday for voting before royal assent from Queen Elizabeth II to become law.
Former ESPN Star Sports MD Sawhney has already been working alongside outgoing Chief Executive Richardson for the last six weeks to ensure a smooth transition.
Many analysts over the past week have said the RBI has legroom to cut rates to the tune of 65 bps by June and some like Barclays and BofA have also spoken about the likelihood of an inter-meeting cut.
Premier League club Liverpool went up for sale Friday after American owners Tom Hicks and George Gillett appointed Barclays Capital to find a buyer.
According to a media release sent by the ICC, Deputy Chairman Imran Khwaja will take over as interim chairman till the election process is set in motion.
Financial services major Citigroup's top executive Tom King is leaving the company after 20 years of service and is likely to join Barclays Plc, a media report said.
An immediate RBI rate cut will lower lending rates for banks' MSME/retail/mortgage loans before the 'busy' industrial season ends in March.
Crystal Palace heaped more misery on Liverpool when they came from behind to win 3-1 in the Premier League on Sunday, six months after effectively ending the northern club's title hopes when they drew 3-3.
The Duke and Duchess of Cambridge, Prince William and Kate Middleton took time during their trip to New York to attend an NBA game.
Olympique Lyonnais are on the verge of signing Brazil defender Rafael from Manchester United, the French club's president said on Monday.
Swansea City came from behind to end Manchester United's unbeaten start to the Premier League season with an impressive 2-1 victory at the Liberty Stadium on Sunday.
The momentum that swept Leicester City away from relegation last season continued unabated at West Ham United on Saturday as their 2-1 win left them top of the Premier League.
Company expects to be back to industry leading growth in FY17.
Analysts cut upstream firms' FY15 earnings estimates, while raising those for GAIL and Gujarat Gas.
Pharmaceuticals, along with software and services, also added the most new entrants on the rich list 2018.
While most experts suggest the government loosen its purse strings and not worry about the fiscal deficit in a pandemic impacted year, it will be a tightrope walk for the government to increase spending without going overboard.
Rohan Bopanna and his Romanian partner Florin Mergea on Saturday made it to the final of the men's doubles event at the ATP World Tour Finals, in London, after registering a straight-set victory against Croatian Ivan Dodig and Marcelo Melo of Brazil.
The difference in fortunes since Liverpool won 3-0 away to Manchester United in March was illustrated when Louis Van Gaal's team reversed that scoreline on Sunday.
About 60 per cent of those with assets of more than $1 million said a high appetite for risk had been a big influence in generating wealth, compared to 36 per cent of those with less than $1 million worth of assets.
Newly-acquired Spain forward Pedro highlighted his potential worth to Premier League champions Chelsea with a goal, assist and eye-catching performance in their 3-2 win at West Bromwich Albion on Sunday.
HSBC's purchasing managers' index was released on Tuesday.
New buyers of English and Welsh soccer clubs may be forced to sell up to 10 per cent of their stakes to fans of the club under plans put forward on Friday by Britain's opposition Labour party to shake up club ownership and governance rules.
The challenges in a post COVID-19 world were new and unusual but unlike other Indian sports, cricket could partially redeem itself, thanks to the deep pockets of the BCCI
Barclays said the refinery would, however, now need to find new sources for the energy for its internal uses.
A full-strength Arsenal added another piece of silverware to their recent FA Cup success by beating Everton 3-1 in the final of the Premier League's Asia Trophy on Saturday.
In a repeat of the previous year's results, the US bank came ahead of rivals Goldman Sachs, Deutsche Bank, Bank of America Merrill Lynch and Citi, which all tied for second place, according to industry analytics firm Coalition.
Seeking to tap opportunities in Indian rail and mining sectors, UK-based infrastructure company Laing O'Rourke, which has a tie-up with domestic realty major DLF, has acquired Barclay Mowlem
The stage for negotiations to settle the Krishna-Godavari basin dispute is long over, says a government official
Day 1 of Ireland's inaugural Test vs Pakistan rained off.
Despite a splurge of summer spending of more than 500 million pounds and counting, it was a free transfer from France who provided one of the standout moments of the Premier League's big kickoff.
Analysts forecast the fuel at $85 a barrel in 2015 and $90 a barrel in 2016; politics, demand-supply to pressure crude.
India's largest power generation company National Thermal Power Corporation on Tuesday embarked upon a major overseas fund raising exercise and decided to establish medium term note programme of $1 billion.
Japan's Kei Nishikori surged to a three-set victory over alternate David Ferrer at the ATP World Tour Finals on Thursday before sitting back to watch his fate unfold in the night match.
Bhavtosh Vajpayee, managing director and head of the Indian equities business at Barclays, the London-headquartered multinational banking and financial services company, tells Business Standard it is still too early to predict an economic recovery.
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