I challenge Rahul Baba that let me know if there is even a single line in the act regarding the withdrawal of anyone's citizenship, said Shah.
According to experts, banks have found better arbitrage opportunities in dollar terms in mature economies with mortgage and leverage rather than take equity exposure on Indian real estate.
US mutual funds Valic Co 1 and Fidelity Rutland Square Trust II, which have minority stake in Flipkart, have marked down the value of their stocks in the company
Markets ended lower this Wednesday after a volatile trading session as global investor sentiments remained edgy on concerns over political dysfunction in US as lawmakers struggled to keep the government offices running ahead of next month's budget default.
Investment bankers handling the IPO had said marquee global investors made big-ticket applications.
Their top three holdings include Infosys, BHEL and ACC. \n
Weakness in the rupee against the US dollar also weighed on domestic stocks. The local unit fell 11 paise to 70.60 against the US dollar intra-day.
Corporate leaders say economy going through troubled phase which is raising concern among global investors about investing in India.
Top gainers in the Sensex pack were TCS, Bharti Airtel, Infosys, Axis Bank, L&T, ITC, PowerGrid, HCL Tech and Tata Steel, ending up to 2.39 per cent.
Post workers are collecting data that determines the level of India's consumer price index, which is likely to become RBI's most important tool for setting monetary policy.
With adoption of the new method the size of China's economy last year was about $130 billion larger than previously estimated.
Increasing migration to cities and urbanisation along with interest from buyers to invest in real estate market, will continue to be the prime demand drivers, according to assurance, tax and advisory firm Grant Thornton.
In the Sensex pack, Yes Bank, IndusInd Bank, Infosys, ICICI Bank, TCS, SBI, Reliance Industries, ONGC, Axis Bank and NTPC rose up to 2.66 per cent.
The department of industrial policy and promotion, nodal agency for FDI policy under the ministry of commerce and industry, seems to have prepared a note for the Cabinet Committee of Economic Affairs to consider.
The biggest gainers on both bourses were Bharti Airtel, HDFC duo, L&T, Bajaj Auto, Kotak Bank, Reliance Industries, Axis Bank, ICICI Bank, SBI, ITC and Bajaj Finance, rising up to 4 per cent.
A heavy dependence on imported energy, gold and technology means India has historically run a current account deficit, which it has funded by attracting foreign money into stocks, bonds and corporate investment.
While the FPI limit on most bond issues would not be raised above 6 per cent, there would be some in which there would be no limits, reports Arup Roychoudhury.
Investors should diversify their portfolio to reduce risks.
Performance of financial sector to depend on factors like investors' risk perception.
Jindal Steel top loser among the Sensex stocks, slips 10% in the intra-day deals.
Pharma body wants all excisable goods used for R&D purposes should be exempted from central excise duty.
The state government says Ola was using its existing cab aggregator licence to promote bike taxi services.
The policy aims to create around 5,000 startups, including 10 global high-growth startups, and to create a minimum of 100,000 high skilled job creation, direct and indirect, in the startup ecosystem by 2023.
Standard Chartered, Barclays, Citibank, Deutsche Bank are among investment banks that are involved in the process of facilitating investor meets in Asia, Europe and the United States.
Interview with Uday Kotak, executive vice-chairman & MD, Kotak Mahindra Bank.
The government is committed to help improve the industrial infrastructure of Kerala and is also considering setting up an IIT (Indian Institute of Technology) in the state, Prime Minister Manmohan Singh said.
Emerging Kerala Global Connect Summit, a government initiative to attract overseas capital to the state, is set to begin from Tuesday with Prime Minister Manmohan Singh inaugurating the summit.
Sustained foreign fund inflows and strengthening rupee are among the main reasons behind the market rally.
Chidambaram said if one went by the number of people attending the conferences and questions they asked, it clearly showed there was enormous interest in and goodwill for India.
Reliance Industries chairman Mukesh Ambani in his address at the Vibrant Gujarat Summit hailed Gujarat chief minister as as a leader with "grand vision."
The biggest losers in the Sensex pack were Vedanta, Tata Steel, M&M, Tata Motors, Maruti, Hero MotoCorp, PowerGrid, Bharti Airtel, SBI and Coal India -- falling up to 4.48 per cent.
While the UN report said that FDI inflows rose 6 per cent in 2018 to $ 42 billion, the government's own data for the entire FY19 period has shown that inbound equity investments declined for the first time in six years in FY19.
Chhattisgarh was in news in 2012 mostly for wrong reasons as it witnessed the abduction of an IAS officer and the killing of his two bodyguards, the gunning down of 19 suspected Maoists in an encounter and irregularities in coal mining but students from Naxal-hit areas brought glory with their commendable performances.
The US has termed as "watershed" and "courageous" the Indian government's decision to allow FDI in multi-brand retail, saying that the new reforms will send out the "right message" to global investors.
Experts say local demand, government policies in retail and refining sector are attracting foreign players.
Fresh dollar demand from importers and some banks on the back of smart rise in the US dollar ahead of RBI monetary policy meeting on Tuesday also weighed on the rupee, said forex dealers.
Tata Steel was the biggest gainer in the Sensex pack, rising 3.36 per cent, followed by Vedanta, Bajaj Finance, TCS, IndusInd Bank, Infosys, ONGC, Kotak Bank, HDFC Bank, HDFC, M&M and ITC.
In the Sensex pack, Axis Bank, Tata Motors, Infosys, Kotak Bank, HDFC Bank, RIL, Bajaj Auto, SBI, HUL, Tata Steel, Vedanta, HFDC, TCS, ITC and Sun Pharma jumped up to 4.64 per cent.
Smuggled gold, which is selling sharply lower than the spot market price, is also responsible for discounts not ending. Some consumers are selling high amounts of gold.
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