All BSE sectoral indices ended in the red, with oil and gas, bankex, capital goods and finance falling up to 3.04 per cent.
Ashish Narsale/Rediff.com brings you the pros and cons.
The petitions alleged that these laws would dismantle the Agricultural Produce Market Committee system intended to ensure fair prices for farm products
Bankers need to take a call on whether they will allow technology firms to run banks or banks themselves will turn into tech firms, says Tamal Bandyopadhyay.
The world is in the face of a devastating impact due to the coronavirus pandemic and has clearly entered a recession, the International Monetary Fund said on Friday, but projected a recovery next year. "We have reassessed the prospects for growth for 2020 and 2021. It is now clear that we have entered a recession as bad or worse than in 2009. We do project recovery in 2021," IMF Managing Director Kristalina Georgieva told reporters at a news conference.
Tax planning should not be left for March. If you do so, you could face a severe cash crunch in that month, warns Sanjay Kumar Singh.
The government and the farmers must come back to the negotiating table with only the interest of the country in mind, suggests Vivek Gumaste.
He said trust and confidence were the backbone of any financial system and one should never underestimate the power of ethics and values.
'Mamata has used minorities only as her vote bank.' 'In her entire election campaign Mamata did not utter a single sentence against the RSS.'
Vodafone Idea, the country's third largest telecom operator, on Wednesday reported a staggering Rs 73,878 crore of net loss in fiscal ended March 2020 -- the highest ever by any Indian firm -- after it provisioned for Supreme Court-mandated statutory dues. The firm, which has to pay Rs 51,400 crore dues after the apex court ordered the non-telecom revenues to be included in calculating statutory dues, said the liability has "cast significant doubt on the company's ability to continue as a going concern".
The humiliating rebuff given to the power brokers in Delhi in Kerala's local body election carries a big message: Malayalis thoroughly disapprove of the Modi government's shenanigans to misuse central agencies to destabilise a genuinely popular state government, notes M K Bhadrakumar.
New Union minister L Murugan's declaration of Kongu Nadu as his native place, instead of Tamil Nadu, may be part of a grand BJP strategy to create new states out of existing ones, particularly those that have anti-BJP governments, mulls N Sathiya Moorthy.
'Stick to the known quality names, avoid short term thinking and don't be in a hurry to book profits on your winners.'
The government has "suffocated" the institutions where argument, debate and dissent were nurtured, the letter stated.
India should remember that Pakistan-Saudi Arabia relations will remain special due, not least, to bonds of all Muslims with The Holy Land. They would also be strategic enough, irrespective of whether the ambassador is a military man or a career civilian appointee., notes Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.
The state government's move comes following stiff opposition.
Overall, in the last five straight sessions, the index has lost nearly 1,129 points.
For FY21, CSB is looking at growth of around 25 per cent and is confident of doubling it in two years. And it is also exploring options to acquire a mid-size bank with a good client base and branches in the north to acquire an all-India presence.
Property sales have been sluggish and the sector has been facing headwinds. So, firms are in wait-and-watch mode.
Indian Army planners find themselves contemplating the possibility of more Chinese intrusions along the contested 3,488-km border. That could lead to the army having to man a 'hardened LAC' round the year, like the LoC with Pakistan, reports Ajai Shukla.
The Indian Army has been slow to react. Indian troops have deployed in the vicinity of PLA incursions, but there are no attempts to outflank Chinese positions.
Equity inflows worth $3.7 billion came from the sunny Caribbean jurisdiction in 2019-20, a 267 per cent increase from the $1 billion registered in 2018-19 making it India's 10th largest source of FDI.
4 copters of the IAF and their 10 commandos are involved in the rescue operation.
Mental health and life coach Anu Krishna tells you how to take charge of your life.
'Rahul Gandhi's recent video performances offer little hope - the first fell flat in attacking government 'strategy'; the second showed him in a position unbecoming of a leader,' argues T N Ninan.
Sector experts say rising pressure on margins owing to price discounts on the core business, increased hiring in the US and emergence of new technology areas are key reasons for such cost cutting.
The income tax department estimates total collection to be between Rs 10.5 trillion and Rs 10.7 trillion against the revised target of Rs 11.7 trillion.
Trade sources believe that tomato supply from Maharashtra has slumped due to incessant rain in the state towards the fag end of the monsoon season, reports Dilip Kumar Jha.
Women have enjoyed some hard-won gains in elite sports in recent years, with pro leagues starting up in a number of countries and growing support for their fight for pay parity.
Private sector lenders have been communicating to their customers about their strong capital positions but it has not put depositors at ease.
The trial court had awarded him the maximum punishment of life term with a rider that the convict will remain in jail for "remainder of his natural biological life" and also imposed an exemplary fine of Rs 25 lakh on him to be paid within a month.
Now, expectations are high that the incoming government will act swiftly to put the sector back on the rails.
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries
The amendments give committee of creditors of a loan defaulting company explicit authority over the distribution of proceeds in the resolution process and fixes a firm timeline of 330 days for resolving cases referred to the IBC.
'This is not without risk because extraordinary steps taken in exceptional times have the habit of becoming habits until the next crisis intervenes,' warns T N Ninan.
Gold prices plunged by Rs 600 to Rs 26,500 per 10 grams in the national capital today after the precious metal slumped to the lowest level since 2010 in global markets as the strengthening dollar eroded demand for the commodity.
Profitability and cash reserves have halved since the global financial crisis.
The deaths brought back the focus on NEET in the state, with all political parties but for the BJP opposed to the qualifying exam.
From the BSE 30-share blue chip pack, 27 scrips ended with losses led by SBI and Tata Steel.
'In the last three to four months the BJP vote share in Tamil Nadu, which was 2.86% in 2016, has gone up to about 5%-6%.' 'The AIADMK will lose the minority votes and others who don't like the BJP and Modi.' 'The AIADMK decided to take the risk to get the 5%-6% votes that the BJP will bring in.'