.jpg)
The rate cut, the industry chambers argued, could have given a positive signal to the manufacturing sector, which is undergoing difficult times.
Recovery in US gives extra boost to IT/ITeS office deals in Bangalore and the National Capital Region.
It is best not to get carried away by returns or take a short-term view of the markets, says Bhavana Acharya.
SpiceJet has cut capacity by reducing its fleet to 35 Boeing 737 aircraft from 42 in December.
The Indian economy was on an impressive growth path through the first decade of this century till it was brought to an abrupt halt by the policy inertia during UPA2 and the Modi government's inability to restore economic and financial momentum. Fascinating glimpses of what went wrong from Puja Mehra's must-read book The Lost Decade: How India's Growth Story Devolved Into Growth Without A Story.
'Economically, if there are too many losers, macro-demand will suffer and undercut growth.' 'In more developed societies, the issue is resolved through the provision of safety nets, which don't exist in India.' points out T N Ninan.
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.
Though the government says public and private shipyards compete on equal terms, public shipyards feast at the high table with the defence ministry, with only scraps being tossed to private shipbuilders.
While office and mall properties enjoyed revival and saw some big PE deals, residential real estate was hit by double whammy - stagnating prices and demonetisation
Sunrisers Hyderabad spanked table-toppers Mumbai Indians by seven wickets in an IPL match to consolidate their fourth position in the table, in Hyderabad, on Monday.
The breakdown of talks between Greece and its international creditors raised fears of Greece's exit from the euro zone.
FM is seen to step up the pace of sales of state assets and curb spending
In the RBI's monetary policy statement review, Governor Raghuram Rajan said banks could extend timelines for large stalled projects by bringing in new 'promoters', or owners.
For the full 2016-17, Wipro's profit fell nearly 5 per cent to Rs 8,518 crore while total income grew 7.4 per cent to Rs 57,995 crore compared to the previous fiscal.
The RBI's next policy review is set for Sept. 29.
In UK, France and Germany, the president and CEO of Edelweiss Securities, anticipates votes incrementally in favour of local protection and de-globalisation.
A few state-owned banks such as IDBI Bank, Union Bank, Indian Overseas Bank have announced results for FY14.
'Losing wickets in bunches is something have to plug'
If GDP growth in Q2FY18 remains below 7%, the outlook for Samvat 2074 would remain uncertain at best, says Nitin Desai.
Market breadth ended weak on the BSE with 1,838 declines against 1,218 advances.
India's upbeat outlook contrasts with neighbouring China, where growth slipped to 6.7 in the first quarter
Mallya is a fugitive from justice in India, Attorney General Mukul Rohatgi told the Supreme Court.
Police recovered more than 300 weapons, including arrows and explosives.
Tight liquidity will hit over-leveraged and cash-hungry companies, spare conservative ones
The I-T department will rely on data analytical tools and run models to separate black money holders and genuine taxpayers based on the large data base being shared by banks.
Stressed asset funds could offer higher returns than traditional fixed-income funds, but holding period will be longer due to the risky underlying assets
The road ahead for the markets in the short term will depend on external factors rather than domestic developments.
RBI had previously cut repo rate by 0.25% each in January and March.
Investors and EOW waded through a maze of legal obstacles to get their hands on the 'kingpin'.
Investors' confidence has been revived in recent weeks on the likelihood the elections will usher in a new government.
IndiGo's passenger load factor, at 67% in July, fell six percentage points from the same month last year.
And, of course, create wealth over the long-term
Police claimed that money recovered from alleged middleman Sukesh Chandrashekar was sent by Dinakaran.
At nine-month high, current prices attractive; consumers want to cash in before a correction
.jpg)
The Reserve Bank on Monday warned lenders against outsourcing their credit processing activities to third-party entities.
In an interaction with Viveat Susan Pinto, Thomas Lutz, head of the consumer and retail practice at The Boston Consulting Group. highlights some of the top consumer trends in India and the way forward for companies.
'It is unlikely that foreign portfolio investors (FPIs) might increase their India allocation, given the overweight status for most FPIs.' 'Given the commentary from the Republican Party, an anti-imports approach means money will not flow out of the US.'
Buy these stocks on any correction as both the companies have strong long-term prospects
The market is clinging to support above the 8,000 mark and hitting resistance above 8,150.
'This looks like a long-term bear market and there could be mounting losses in the near-term,' says Devangshu Datta.
