Markets crashed due to domestic worries; bluechip stocks tanked too.
The party is finding increasing acceptability in the 18-35 years age group with Rahul Gandhi adding a million followers in the past 2 months and Facebook and Twitter also seeing similar spikes.
Even as several trains have more than 200 waitlisted passengers every day, running some trains with so many vacant seats is a criminal waste of scarce resource.
'Swachh Bharat Cess imposed last year should be made broad-based.' 'Budget should be predominantly economy/ business-oriented and problem-solving rather than political consideration-based.'
Finance minister tries to put house in order before reforms are unveiled in February.
Markets have witnessed a gap down opening mirroring losses in the global equities with US markets taking a hit on worries about the health of Chinese economy.
'China's development is on a different scale from India's. They are very far ahead.' 'I don't think it will be possible in the next 30 years for us to catch them,' says Aakar Patel.
Auto stocks are weighing on the indices.
The Sensex ended up 244 points at 28,504 on strong global cues.
In his book Restart, Mihir Sharma minces no words in pointing out that faulty policies, the lackadaisical attitude of bureaucrats and a few wrong decisions of past governments have hampered India's growth.
'Our priority will be to settle land disputes in Bihar, which I believe is the root cause of almost all crime in the state.'
'To bring about a paradigm shift in farmers's income, we need to change our approach to agriculture, and transit from the narrow prism of cultivation to a full-fledged enterprise, by building all associated supply chain linkages.' 'This alone will make the farmer an entrepreneur in his own right.'
There are a few factors that can spoil the party
With GDP down by 2 per cent, while 99 per cent of banned notes make way back to the banking system, whom did demonetisation benefit?
Markets across the globe are rallying on hopes that the US Federal Reserve won't lift interest rates until 2016.
Indian economy has good fundamentals and sizeable foreign reserves, RBI Governor Raghuram rajan said.
'It is common knowledge that cash is anonymous.' 'When demonetisation was implemented, one of the intended objectives was to put identity on the cash holdings in the economy.' 'With the return of Rs 15.28 lakh crore in the formal banking system, the almost entire cash holding of the economy now has an address.' 'It is no more anonymous,' says Arun Jaitley.
In the near term, two key factors are the outcome of the monsoon season in respect to cropping yields; and the correction in the crude oil price.
'What we are going to see is a large number of white collar jobs getting lost.' 'Job loss can drive people to depression, drugs, alcoholism and even suicide as there is no one to turn to when they are down.' 'There is no in-between now -- things go from a luxurious lifestyle to no lifestyle.'
Sensex dull at close, Infosys rules, ITC drags.
Sensex closed the day 416 points higher.
The issue of lynchings resonated in the Rajya Sabha; while in the Lok Sabha, the Opposition accused the government of not being sensitive towards farmers' issues.
'I say Modi was India's last chance.' 'Because the kind of work this government has done -- I'm talking about physical delivery -- is fantastic, like no time in our history.'
Vociferous protests by Opposition members led by the Congress continued in the Lok Sabha.
Younger party leaders are livid with the Murli Manohar Joshi-headed manifesto drafting committee for not taking their suggestions, reports Archis Mohan.
In the run up to three years of the National Democratic Alliance government, Minister of State for Commerce and Industry (Independent Charge) Nirmala Sitharaman says it is time to consolidate some of the major initiatives as well as take new steps.
Following is the full text of Prime Minister Narendra Modi's address from the ramparts of the Red Fort on the 73rd Independence Day.
Mark Mobius, executive chairman, Templeton Emerging Markets Group, is positive on India and believes the Indian economy is on a strong footing
'There is no change in the overall story of economic recovery.'
In the first part of an exclusive interview with Sheela Bhatt/Rediff.com on the eve of the first year of the Narendra Modi-led NDA government, BJP President Amit Shah talks about the government's achievements and the controversy over the land ordinance.
Indian economy about to take-off
'Will 'Make in India' be able to harness the demographic dividend so it does not become a disaster?' 'Will 'Digital India' live up to the lofty promises the government and private sector made as part of its recent launch?'
In the final part of his interview with Sheela Bhatt/Rediff.com, journalist Rajdeep Sardesai says the Congress lost the election in 2011, the year of Anna Hazare.
Despite the rally, on the basis of valuations, Indian markets aren't too expensive, says Christopher Wood, managing director and equity strategist at CLSA.
Under Sharma Axis Bank has also taken the lead in focusing on technology, which has now become core to almost every other lender's strategy.
I-T lens on current account deposits over Rs 12.5 lakh. All the news and more post demonetisation.
With EU, it is part of the FTA that we will need to negotiate.
Cashi Crisis: Day 9: Aaj ki Taaza Khabar!
