Rebound in IT majors TCS and Infosys in late trades helped markets end higher.
According to the global financial services firm, FY16 would be a notable year for India with gradual improvement in economic growth and declining inflationary pressures amid falling global commodity prices and policy initiatives.
Profitability and cash reserves have halved since the global financial crisis.
While consumers will be paying a higher upfront cost for smart metering, the share in the efficiency gains could more than offset this higher spend
Vajpayee had always felt that India must act with conviction and panache. He decided that, irrespective of the attendant risks, he would undertake what many felt was a precarious course. A fascinating excerpt from N K Singh's Portraits Of Power: Half A Century Of Being At Ringside on Atalji's 96th birthday, December 25.
In an apparent jibe at Prime Minister Narendra Modi for neglecting party veterans, BJP leader Yashwant Sinha has said the present regime has declared those above 75 as "brain dead" on assuming office.
India Gas Solutions Pvt Ltd -- the equal joint venture between the Mukesh Ambani-led firm and Europe's second largest oil firm - is among the three companies shortlisted by Gujarat government for giving out 25 per cent stake in the Mundra terminal.
The Spanish train maker has offered to test run its lighter and faster trains free of cost on the existing Indian Railways network.
Mahavir Chopra tells you what to check before you choose a diabetes insurance plan.
'Earnings revival could be two quarters away.'
'If you don't have a strong political leadership, however much expertise a country may have, in pandemic preparedness or infectious disease, will not matter.' 'It's really about having strong political leadership, that is proactive, that prioritises taking the right action.' 'And if you don't have that, then you will have a much worse pandemic experience.'
Finance Minister P T R Palanivel Thiagarajan has proclaimed his determination to set Tamil Nadu's fiscal house in order in five years, and Friday will show how he plans to go about it when he rises to present the Stalin government's maiden budget, says N Sathiya Moorthy.
Ignoring all previous protests and opposition to the deal, the saffron party has changed its stance, without providing any explanation. What has changed? Accountability and explanations on this U-turn will be welcomed.
A weaker rupee might stimulate Indian exports and nullify some of the effects of Chinese devaluation.
Financials were among the top losers along with Sun Pharma and index heavyweight Reliance Industries
'The BJP's all-India plans can be expected to become clearer around 2022-2023, particularly if -- as some anticipate -- the senior Congress leadership cracks, broadly as between the Nehru-Gandhi loyalists and those who may be termed 'pro-changers',' observes Arun Bhatnagar, a retired IAS officer.
The tactics deployed by Obama to bring India on board, which was the only major power in his way of the climate deal, was described by his former top personal and national security aide Benjamin Rhodes in a podcast interview.
'We are doing away with human interface in metering, billing, and collection.' 'That in itself will bring down losses by 50 to 60 per cent.'
India has asked refiners that owe about $6.5 billion to Iran for oil imports to build up dollar and euro balances to avoid downward pressure on the rupee if six world powers and Tehran reach a final nuclear deal.
'This is a historic juncture when the US is in great need of an alliance with India to strengthen its hands in the fierce struggle with China in the Asian theatre,' points out Ambassador M K Bhadrakumar.
'The Bihar verdict has shown that the people of Bihar don't desire to go back to the mandir-masjid rhetoric.' 'Jobs, wages and development are the aspiration of the people of Bihar and we hope the next government will keep that in mind.'
'The prime minister's announcement of a nation-wide shutdown was eloquent, but should have been more clearly phrased to avoid police overreach.' 'Migrant labour should have been allowed adequate notice and transport options to get home,' notes Rahul Jacob.
Indian govt must find solution to ever increasing LPG subsidy. Govt must cap LPG subsidy.
World finance ministers will meet on Oct 7-8 in Lima, Peru, to try to agree on climate change framework.
It will not be to India's advantage to create misperceptions that it is bandwagoning with some Anglo-American project for regime change in Myanmar, argues Ambassador M K Bhadrakumar.
'I am here to terminate climate change once and for all.'
China is on the lookout for investment pastures where its money is welcome, safe and earns a decent return. India also needs vast investment - about $1 trillion over the next 10-15 years - in infrastructure, green energy, transportation and heavy industry, says Ravi Bhoothalingam.
One should appreciate the sagacity and audacity of JRD and Nani Palkhivala in founding TCS on April 1, 1968. At that time there was no Microsoft or Intel, SAP or Accenture, much less Google.
They needed a person who could build and execute their vision: A frontiersman; a problem solver and an institution builder. It was their and India's good fortune that Faqir Chand Kohli more than measured up to their requirements and indeed laid the foundation to take TCS to unimaginable heights and to the giant success that it is today. Shivanand Kanavi salutes the incomparable F C Kohli, who passed into the ages last week.
Trump said that his proposal should be supported by both parties (Republican and Democratic) as a fair compromise -- one where nobody gets everything they want, but where the country gets the critical reforms it needs.
Aseem Chhabra lists 10 of his favourite films that played in various sections at the 74th Cannes Film Festival.
The coal-bearing states shall be getting additional revenue from such coal mines.
The PM asserted that 'we know how to take challenges head-on'.
'Without Harry Kane many people were talking about Sonny (Son Heung-min) but today it was Lucas Moura who scored three goals and you know if you don't respect all the players, you cannot only have 11 players'
The Economic Survey was tabled in the Parliament on Friday.
News of all that's transpired on and off the football field
The PBD this year functions as a political stage for the BJP government at the Centre and in Uttar Pradesh. Both Prime Minister Narendra Modi and Congress president Rahul Gandhi have been wooing the Indian diaspora through widely publicised events across the country. At the PBD, the mood was either largely pro-Modi, and when not, apolitical.
Noisy protests by the members of the Congress and other opposition parties seeking an apology from the prime minister continued unabated throughout the day since the proceedings began.
Indian businesses in the US have created about 91000 jobs in the US.
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