'It is entering growth territory on a month-on-month basis.'
Now that you have already downloaded mobile wallets and all set to go cashless/digital with your payments to the local grocer, cabbie, maid, etc, here's what you must watch out for, says Tripti Rai.
In the last fortnight alone (September 1-17), the foreign institutional investors have made a net buy of whopping Rs 12,442 crore ($2.67 billion) in the Indian stock market, as per the data available with market regulator Securities and Exchange Board of India.
The NSE Nifty settled at 10,234.65, down 225.45 points, or 2.16 per cent.
Swine flu has claimed the lives of 34 more persons raising the toll to 875 across the country even as the number of affected people breached the 15,000 mark on Tuesday.
Don't accept pop-ups or prompts for software unless you're armed with web scanner software such as AVG's free LinkScanner.
Government bonds yields are likely to trade in a range, owing to profit booking.
Strong month-end demand for the US currency mainly from oil importers along with currency futures expiry related purchases predominantly weighed heavily on the forex market and haunted investor sentiment.
The state government asked the local administration to shift people from low-lying areas in Vadodara if needed as water entered into houses in several localities.
The combined Left parties drew a blank in the polls to the assembly which they had run with an overwhelming majority for 34 long years, with their vote share dwindling to a mere 5.47 per cent in 2021.
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The gains in the rupee masked a rising sense of caution across markets ahead of the results of elections in several states. Delhi was the latest to hold assembly elections on Wednesday.
The official data on April-June GDP will be released on August 31.
As we wave goodbye to 2019, we look back at the highlights of the year, in the numbers that made it memorable.
The government has asked all central and state departments and ministries to stop using private email services for official communication and instead use indigenous services provided by NIC, to prevent "misuse" or "leakage" of classified data.
If the government cuts wasteful expenditure as it is trying now, the deficit would at most fall to 8 per cent, not less than that.
The rupee resumed higher at 64.40 a dollar from Friday's close of 65.24 and touched a low of 64.54 at the interbank foreign exchange market.
Neither the CAA nor the proposed NRC are important enough to stake the well-being of so many or stake economic growth. Getting growth back on track is more important, notes Mahesh Vyas.
Rupee falls 5 paise against dollar, ends at 61.92.
'More than 114 cases have been registered for spreading fake messages, rumours and fake news on WhatsApp.' 'People on various groups are reporting such crimes.' 'The most heartening development is people are now not tolerating such things.'
'When an enemy country is looking for information to sabotage a system from a remote location, they can access your data, they can stop the functioning of our power plants, they can stop the functioning of critical systems in the network.' 'It is very important that we should have full control of everything in the network.' 'Most Indian companies buy from China only because of the kind of incentive they are getting.' 'By doing so, these Indian companies are exposing themselves to dangers in the coming years.'
Top gainers of the session included Bajaj Auto, Kotak Bank, M&M, Vedanta, IndusInd Bank, Asian Paints, HDFC Bank, Reliance Industries, HUL, HDFC, ITC, Tata Steel and Tata Motors, rallying up to 5 per cent.
The top court also asked the Centre to submit its report in January on the notification of rules by which social media misuse can be checked and liability could be fastened on intermediaries to decrypt messages.
There is a near consensus that at least a 25 basis points cut, if not 50, can be expected in the June policy.
Both the indices closed at five-month highs, led by financial services, IT and metal stocks, amid persistent foreign fund inflows.
After the April-July fiscal deficit data was released on August 31, several analysts hinted that the government may need to go for cuts in capital expenditure to meet the fiscal deficit target.
While the number of persons affected by the H1N1 virus breached the 34,000-mark.
About 70 per cent of ATMs in India are running on outdated operating systems, which makes it easier for fraudsters to crack them
Most of the session's gains for both the indices were wiped out as investors rushed to book profits ahead of F&O expiry on Thursday and also due to concerns over stretched valuations.
The top court, which refused to pass any interim stay order on the quota, said chances of physical court seem remote due to the persisting COVID-19 pandemic. A bench of Justices L N Rao, Hemant Gupta and S Ravindra Bhatt asked the parties said that all parties should sit together and decide on modalities of hearing like who will take how much time and no one shall repeat the arguments.
The documents obtained from the cyberattack on Democratic Congressional Campaign Committee was released by a hacker known as Guccifer 2.0.
The fiscal deficit rose primarily on the back of lower non-tax revenues, which came in at 60 per cent of full-year target, compared with 62.4 per cent for the same period last year.
Why self-audit by NSE, why weren't charges probed under your supervision, ministry asks regulator.
Geo-political concerns over death of a Saudi journalist, Brexit and likely breach in Italy's budget also kept investors cautious.
Kotak Bank was the top gainer in the Sensex pack, ending 4.31 per cent higher. PowerGrid, TCS, ICICI Bank, SBI, HCL Tech, NTPC, Infosys, Bajaj Finance, HDFC duo, ONGC, Vedanta and IndusInd Bank too rose up to 2.84 per cent.
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.
Cheaper crude oil weakens rupee even as core sector growth revives
Delivering a public speech hours after the RBI launched a rescue act for Yes Bank on March 6, Governor Shaktikanta Das reiterated the RBI's affirmation to do whatever was needed to combat the coronavirus impact. On that day, India had only one confirmed COVID-19 infection, the World Health Organisation was five days off from declaring it as a pandemic and the financially debilitating lockdowns were not even on the horizon. Das' promise on efforts to mitigate COVID-19 impact appeared as a footnote in news reports from the event.
A secret document provided by National Security Agency whistleblower Edward Snowden reveals that only 1 billion of the 1.35 intercepts that the US snooped on are terror related, the rest a breach of privacy. Vicky Nanjappa reports
According to data compiled by London-based Gold Field Minerals Services (GFMS) for the World Gold Council (WGC), the combination of a robust economy and buoyant stock market helped fuel purchases of the metal during the first eight to nine months of the year, despite gold breaching the psychologically significant level of Rs 9,000 per 10 grams in September.
A national cyber crime and coordination centre meant to fend off such attacks is still awaiting approval
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