BFSI weighting in Nifty50 hits 7-year low as HDFC slips

After a sharp fall in the share prices of HDFC Bank and other private sector lenders in the past three days, the BFSI (banking, financial services and insurance) sector weighting in the Nifty50 has......

China turmoil wipes $4.5 trillion off global equities in 5 sessions

Most markets have seen significant erosion in investors' wealth this year The latest turmoil in the China market has eroded seven per cent or $4.5 trillion-three times the size of the Indian......

Rural demand falls as ground reality far from rosy

Analysts worry about possible loan waiver, falling sales of 2-wheelers, tractors and consumer products. The build-up of stress in rural India will have ramifications for corporate India. Falling......

More bad news: Household savings fall to 2 decade low

The decline is attributed to lower salary growth and a rise in households' financial liabilities, discovers Krishna Kant.Illustration: Dominic Xavier/Rediff.com   The household savings rate......