'Long-term retail investors should not worry about these sharp dips and jumps if they have chosen their stocks wisely.' 'Short-term volatility is a given and a rise and fall of two-three per cent should not worry them.'
Bad loans continue to originate mainly from state-owned banks, where the top management's responsibility is not linked to career prospects nor has legal consequences, says Debashis Basu.
In a proposal to FinMin, the Banks Board Bureau suggests asset sales to PSUs within a deadline to recover bad loans.
The chairman of one of India's biggest industrial groups, Larsen & Toubro Ltd sees little sign of a recovery in Asia's third-largest economy,
Of the 40 CEOs polled from across the country, 60 per cent identified a fractured electoral mandate as a bigger risk than trade wars, volatile oil prices, and inflation.
BSE Bankex, Healthcare, Capital Goods and Consumer Durables ended higher.
It has been lowered to 'IND BBB+' from 'IND A-', besides placing the rating on 'Rating Watch Negative' (RWN).
'We don't trade with any business where we have specific concerns,' a De Beers spokesperson said.
The currency got support from dollar flows into local equities and greenback sales from state-run lenders.
Indian equities are in a multi-year bull story with capex cycle recovery as the main driver.
Sustained inflows of foreign funds supported the rupee
Bhargavi Zaveri & Radhika Pandey explains how complexities of foreign exchange rules are used by India Inc to dispute contractual obligations.
The rupee has been falling for five straight weeks, taking its losses this quarter to 6.6 per cent, making it the worst performing currencies in Asia during this period.
China is keen to rebalance its economy towards higher consumption, services, technology use and value-added exports. The hope is that its currency will strengthen as the world embraces it as a global trade and reserve currency, say Abheek Barua & Bidisha Ganguly.
Prime Minister Narendra Modi will hold discussions with public sector banks (PSBs) and financial institutions to draw up an action plan for banking reforms
Unwinding of long dollar positions by banks too aided the sentiment
These have been selected based on the earnings growth prospects and favourable (buy) ratings by brokerages
India's macro finances are getting into good shape.
State Bank of India expects decent growth in FY16.
Possible slowdown of FII money into debt and equity markets could add pressure on currency.
Over 93% of the orders in the year came from the central and state governments, PSUs, and NHAI.
Govt to scrap 8 appellate tribunals; National Company Law Appellate Tribunal to take over Competition Appellate Tribunal's duties
It's best to do a proper examination before becoming somebody's guardian angel.
Joydeep Ghosh takes stock of personal finances after the life-altering surprises of 2016.
'Opportunity for a country like India is huge in terms of wealth creation.' 'That's the reason India is an attractive economy for investors.'
FIIs are looking at the long-term story and initiatives of Indian pharma companies to transform themselves into global entities.
Bank of America Merrill Lynch and JP Morgan are bankers for the bonds
Ahmedabad-based Adani Group is said to be the frontrunner to buy out both Tata Steel and Larsen & Toubro's stake in Dhamra.
The rupee has posted its biggest single-day fall in more than four months to end at 62.95 against the dollar.
Foreign portfolio investors were net buyers in equities to the tune of Rs 119 crore, as per provisional stock exchange data.
Post the correction over the past one year, we are seeing opportunities across sectors.
The first of a two-part series explores how the proceedings under the IBC have taken off and whether the code is helping banks recover their unpaid loans
Question remains, what happens when the overseeing committees' members themselves are questioned by investigative agencies?
A weakening dollar against other currencies overseas supported the rupee.
The first signs of growing bonhomie between Modi and Rajan came early last year, when Modi called Rajan the "best teacher" for explaining complex economic issues to him.
Move comes as huge provisions for bad loans push loss to Rs 4,488 crore.
Last year, the government had announced to infuse Rs 70,000 crore in PSU banks.
The assets mentioned in the Sebi order are already in possession of the ED for violation of an anti-money laundering law by Mallya and PMLA overrides all other laws, providing ED first right over the assets.
Savitri Jindal has retained the tag of being the richest woman in India with a networth of $5.2 billion
