The Reserve Bank of India (RBI) cut its key repo rate by a bigger-than-expected 50 basis points.
With liquidity crunch hitting operations, many finance companies have put the brakes on sanctions in the third quarter in the aftermath of the IL&FS crisis.
Investors booked profits at higher levels with oil shares leading the decline
Gaurav Garg, Head of Research, CapitalVia answers readers' stock market queries
The problem for the NBFC sector is the funding inertia by banks and not lack of funds.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The central bank is the money manager of the government, and not a guarantor of any debt.
According to Soumya Kanti Ghosh, chief economic advisor of the State Bank of India group, a 50 bps rate cut is a possibility, but 25 bps is more likely.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
While the most obvious beneficiary of this roll-out will be manufacturers of FASTags, or the Radio Frequency Identification chips, a PwC report says implementation of a pan-India electronic toll collection system on national highways may help save approximately Rs 87,000 crore annually.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
By no means do economists see the Reserve Bank of India stop at just a 25-bp cut. Some of the economists such as Soumyakanti Ghosh of State Bank of India are of the firm view that rates have room to fall by a total of 75 bps in the current financial year, starting with 25 bps in the August 7 policy.
A lot depends upon the composition of the monetary policy committee.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The Reserve Bank of India kept its policy interest rate unchanged at a five-year low of 6.50 percent on Tuesday.
There is a near consensus that at least a 25 basis points cut, if not 50, can be expected in the June policy.
Progress on monsoons along with favourable base effect in 2HFY2017 continues to point towards RBI achieving its near 5 per cent inflation target by the year-end
The chairman of one of India's biggest industrial groups, Larsen & Toubro Ltd sees little sign of a recovery in Asia's third-largest economy,
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The RBI has agreed to consider the application of India Post in consultation with the government.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Use this window to lock into bank FDs; unless govt cuts small savings rates, banks may not cut deposit rates
Among the index heavyweights, Reliance Industries ended down 1.9% while mortage lender HDFC eased 0.2%. FMCG major ITC ended down 1.3%.
This was the near-unanimous replies of 10 market participants.
The Birlas are investing $100 million in the financial services business in fiscal beginning April 1.
On Monday, RBI announced that 26 entities, including Tata Sons, LIC Housing Finance, Aditya Birla Nuvo, Department of Posts, Reliance Capital, L&T Finance and Bajaj Finserv, applied for grant of bank licences.
Markets ended lower for the third straight day on Tuesday weighed down by profit taking in rate sensitives with bank shares leading the decline after hopes of rate cut by the central bank faded.
Combined net profit up 7.4% over a year ago, versus 11.2% in Q2.
Bank shares were the top gainers led by ICICI Bank.
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The RBI has accepted the application withdrawal request, according to the statement.
These firms reported a combined operating profit of Rs 26,077 crore (Rs 260.77 billion).
Licence winners are expected to be announced by the first quarter of 2014.
While Raghuram Rajan has said in the past that other factors, including domestic fundamentals, outweigh the US Fed policy meet, this time it would be different
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The broader markets traded positively with mid-caps and small-caps rising 0.5 per cent each on the BSE.
Experts tell Ujjval Jauhari that investors need to be careful in picking stocks given high valuations and with markets possibly ignoring potential risks
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