Nifty crosses 9,750-mark; Bharti Airtel, TCS, Wipro, Lupin and Coal India gained the most on BSE Sensex
Officials said the government had no option but to cut spending.
UBS reiterated its Nifty target of 9,200 by December as it expects growth to gather steam
The rupee is expected to remain volatile in the new financial year.
Mumbai metropolitan region, comprising Mumbai city, Navi Mumbai and Thane, leads the pack (in delayed projects) with 210,000 units at an approximate valuation of Rs 2.34 trillion.
Indian economy grew 7.9 per cent in the March quarter.
The growth had slumped to sub-5 per cent in the earlier two consecutive fiscals.
The consumer confidence in urban India has increased by 9 points.
Railways have suspended two senior officials following searches carried out by CBI and recovery of Rs 20 crore in cash in connection with alleged corruption in supply of packaged drinking water in premium trains.
Strong MF investments, stemming of FII outflows and positive earnings in Q3 have helped market, say analysts.
In a surprise move, the Reserve Bank on Wednesday left the repo rate unchanged at 7.75 per cent, while the cash reserve ratio too is retained at 4 per cent.
'On presents, deciding what will pass muster, considering the closeness of the people concerned and the state of the wallet, is one headache,' says Subir Roy.
Like everything else, the structure of banks may change, and banks may depend more on digital technologies and artificial intelligence for dealing with both their customers and employees.
To fill seats, airlines have resorted to fare wars following the adverse impact on ticket sales, reports Arindam Majumder.
Blowing a hole into the Union government claims that terror funding had been badly hit by the demonetisation of Rs 1,000 and Rs 500 notes, the new currency notes were recovered from the possession of the terrorists who were killed in an encounter in Jammu and Kashmir.
'Once the lockdown is lifted, we will need the mother of all fiscal and monetary policy support to sustain the economy,' advises Akash Prakash.
Budget 2015 has blessed the banking sector.
The year 2015 is likely to see lower rates to support growth and the Reserve Bank is expected to cut key policy rates by 0.25 per cent in February's monetary policy review meet, says a Bank of America Merrill Lynch report.
'Make cash available now, don't put people into suffering.' 'You should not come to a situation where the operation was successful and the patient is dying.' 'What did not happen in India for several years, you cannot do in 50 days.' 'This is agony and pain.'
Dealers anticipated a sharp rise in jewellery demand this wedding season, but then came demonetisation.
The Reserve Bank of India has already reduced the policy rate by a total of 75 basis points, or 0.75 per cent, since January.
Despite all of the PM's many strengths, it is increasingly clear that he does not necessarily have a coherent and clear worldview on matters of macro policy.
More than 1,200 people are now known to have died in the quake-tsunami that smashed into Sulawesi, Indonesia said on Tuesday. The 7.5-magnitude quake struck just off the central island of Sulawesi, setting off a tsunami that engulfed the coastal city of Palu. People there are growing increasingly desperate for food, fuel and water. Almost 200,000 people are in need of urgent help, the United Nations says, among them thousands of children.
'Most investors are still waiting for the winners to correct.'
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.
RBI will cut rates in its next policy announcement on June 2.
The origin of the challenge is the so-called "fresh start" process. Many in the MFI industry apprehend that such a law in India will encourage small unsecured borrowers to default and destroy the credit culture. So, while'Fresh start' is a welcome step as it will free up the debtors from the archaic laws of the colonial era, debtors need handholding and counselling to prevent any misuse, says Tamal Bandyopadhyay.
Besides Yadav, the CBI is likely to question Gayatri Prajapati, who was arrested in 2017 following a complaint of rape by a woman residing in Chitrakoot.
Rates to go up as Delhi power regulator works out plan to liquidate past dues.
Revanth, the Congress candidate for Kodangal constituency had called a protest rally and a bandh against Rao's scheduled meeting at Kosigi in the assembly segment on Tuesday evening.
The former liquor baron owes several banks a total of as much as Rs 9,000 crore
ATCO's subsidiary, ATCO I-Tek, will become a part of Wipro after the closure of the deal, which is expected to be completed in this quarter.
A market correction is a good time to reassess the quality of your portfolio and purge the poor quality names from it, says Ramesh Bukka
'Despite uncertainties around demonetisation and the GST, we expect Indian equities to deliver positive returns.'
News of all that transpired on and off the football field
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
Various twists and turns by govt post-demonetisation prove that it has been tall order for the PM
Analysts attribute this volatility to selling by FPIs and FIIs.
'It was really good fun out there, I absolutely loved every single minute of it.'
'The stimulus packages, sector reliefs, loans etc are coming to industry, but state governments have not got any money from GST, no money from excise, no money from any income source.'
