India on Thursday offered 55 oil and gas blocks and 10 coal bed methane blocks for bidding under the sixth round of New Exploration Licensing Policy in an attempt to raise domestic output.\n
The reimposition of sanctions on Iran will have major impact on countries like India, with which it has traditional and historic trade relationship.
Following is the Facebook post of Finance Minister Arun Jaitley on one-year of the BJP-led NDA government.
It is hoped that the decision of India's apex court will send a signal to politicians and their cronies from the world of business that the rule of the law does eventually prevail, says Paranjoy Guha Thakurta.
India on Friday signed the historic Paris climate agreement in the United Nations along with more than 170 nations.
As Prime Minister Narendra Modi arrived in New York on Friday on a five-day US visit, he was greeted with 'Har Har Modi' slogan.
ONGC, Sesa Sterlite, Tata Steel, RIL and HDFC emerged as the biggest losers
ITC, Sun Pharma, HDFC and Coal India were among the top gainers.
Using buyback as a divestment tool is not new, the amount raised this year is phenomenally high.
It, however, was a record-smashing week for both the indices, which scaled their lifetime highs.
Persistent capital inflows by domestic institutional investors and retail investors kept the markets in fine nick
The NSE Nifty ended 89.40 points, or 0.83 per cent, lower at 10,710.45.
Both benchmark indices were driven by strong gains in IT, teck, oil and gas, pharma and banking shares amid earnings optimism.
Amendment to the Act, sovereign guarantees, investment portfolio, realty holdings, and governance issues to shape valuation.
Strong gains in metal, energy, auto and power shares lifted the key indices to new highs.
Dream rally: Investors' wealth doubled in 5 years in India's equity market on Friday.
ICICI Bank was the top gainer in the Sensex pack, surging 4.64 per cent, followed by Axis Bank at 3.86 per cent and SBI 2.53 per cent.
The revision was announced before Indian markets opened on Thursday.
A second wave of Covid driven by the Delta variant engulfed the country in May-June bringing the health system to its knees and leaving people gasping for help.
Barring oil and gas, all BSE sectoral indices finished in the green.
Sharp fall in capital goods production and manufacturing activity also dented sentiments.
The NSE Nifty too ended 58.60 points, or 0.54 per cent, higher at 10,967.30 after shuttling between 10,985.15 and 10,928 during the session.
The NSE Nifty after shuttling between 10,397.60 and 10,279.35 points, ended 47 points, or 0.45 per cent lower at 10,301.05.
Profit booking in realty, oil and gas, capital goods, power and metal stocks pulled the index down to the day's low of 25,347.33 points.
'There is a trade in goods, a lot of tariff.'
Indian companies realise several business opportunities ahead of International Yoga Day on Sunday
'Considering that an Internet company's market value is largely determined by its direct access to consumers for digital services, and largely served outside a sovereign country's control, it would appear reasonable in trade terms to discuss fees for a seat at the proverbial 'table' of opportunities in the largest open consumer market,' argues Venki Nishtala.
Modi may bet on old faces and new to boost reforms
Of the 30-share Sensex pack, 22 ended with losses while NTPC ended flat at Rs 127.30.
Arun Jaitley rejected the charge that the government is pro-rich.
ICICI Bank, ONGC and Tata Motors contribute to nearly 50% gain seen on the Nifty.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The NSE Nifty, comprising 50 shares, breached the 8,300-mark for the first time to hit a new lifetime high of 8,330.75.
India must reckon with the possibility that it will struggle to attract higher overseas investment.
.jpg)
The ETF is expected to fetch the govt Rs 3,000 crore.
The NSE Nifty settled the day 38.85 points or 0.37 per cent lower at 10,500.90 after shuttling between 10,590.55 and 10,456.65, intra-day.
The IOC stake sale will, however, dwarf in front of Rs 22,557 crore or Rs 225.57 billion that the government raised through a stake sale in Coal India Ltd last year.
The country imported 9.31 million tonnes (mt) of steel in FY15.
'The competition between the two is definitely going to be of great interest to the Indian market.'
The vehicle will not be available until end-2017, or later.
