President's address to the Parliament

Following is the trascriptof President Pratibha Patil's address to the joint sittingof Parliament on Thursday.Honourable Members, I convey my good wishes to you and to all our people. On behalf of......

Why Are Bankers SMILING At Last?

Finance Minister Nirmala Sitharaman's Rs 30,600 crore government guarantee for the bad bank has changed the body language of bankers for the better, observes Tamal Bandyopadhyay. IMAGE: Finance......

Companies bag Rs 5000 crore 'Make in India' contracts

One of the beneficiaries is Jindal Steel and Power, which had earlier been kept out of procurement for rails Illustration: Uttam Ghosh/Rediff.com The government intervention in promoting......

Sensex drops 371 points to end at 1-week low; financial shares drag

  Benchmark indices ended lower by over 1%, amid weakness in Asian peers, with financials shares contributing the most to the decline. Depreciating rupee and rise in crude oil prices further......

Markets end flat after Fed-led rally loses steam

The S&P BSE Sensex ended down 5 points at 24,677 and Nifty50 ended 14 points higher at 7,513.  Benchmark share indices came off their intra-day highs to end flat, tracking weak European cues,......