Institutions will wait till there is more clarity on Budget.
Jaitley said the global volatility has thrown up challenges
Consumer prices rose an annual 5.11 per cent (2012 base) in January.
One reason Japan is betting highly on Indian pharma is that these companies have strong cash flows, low leverage and high debt capacity for medium to large sized acquisitions.
In New York market, the dollar fell against the Japanese yen yesterday, taking cues from declines in US stocks.
The problems are being compounded by perceptions that India is ill suited to defend the currency in the near-term.
Rate-sensitive sectors like banks, auto and realty witnessed strong buying demand in trades today
Henry Kravis, co-Chairman and co-CEO of private equity giant Kohlberg Kravis & Roberts (KKR), which has over $195 billion assets under management and a balance sheet of $16 billion visited Mumbai recently for a closed conference where he shared his views on the new governor at RBI, what India needs to fix, and PE's prospects for the long term.
RBI could opt for a 'deep cut' after winning inflation war, say experts.
The US Federal Reserve on Wednesday surprised the markets by saying it will continue with its monthly $85-billion bond buying programme and wait for more evidence of growth recovery.
US Fed rate rise raises risk of further drying up of FII flows.
'We want to make sure we stay in India and we have very high hopes from India,' says Mark Mobius.
This is its biggest single session fall since August 24, 2015, when it had lost 1,624.51 points.
Fed rate hike 'makes sense,' says US reserve bank president.
Probably in August. We can argue whether RBI is dovishly neutral or neutrally dovish but the telltale signs of at least one more rate cut are strewn all over the policy statement, points out Tamal Bandyopadhyay.
Investors may increase exposure to mid and small-cap stocks as their risk-reward profile is more attractive currently, suggest Nitin Singh and Vinay Joseph.
A lion hugging a human is definitely not something you see every day but for Valentin Gruener and Sirga the lion, it's their normal way to greet each other.
Regulators will need to allow the model to evolve to allow profits to flow, says Una Gulani.
'One of the biggest issues the Indian economy faces right now is of job creation...' 'The nexus between growth and employment has to be closed...' 'In the absence of a manufacturing expansion, the alternative is to have the service sector as the driver of both GDP as well as employment growth.'
Year-to-date, the rupee is the worst-performing currency in Asia, weakening 4.184 per cent against the US dollar.
High fiscal deficits raise inflation which hits the lowest income and salaried classes.
Nifty PSU bank index dropped nearly 2%
The Bombay Hemp Company offers goods fashioned out of hemp, the lesser known cousin of ganja.
The rupee has been falling for five straight weeks, taking its losses this quarter to 6.6 per cent, making it the worst performing currencies in Asia during this period.
Persistent capital inflows by domestic institutional investors and retail investors kept the markets in fine nick
The euro climbed 1.3 percent against the yen to 135.60 and added 0.7 percent against the dollar to trade at $1.1115.
Beijing did not announce expected policy support over the weekend
Not only is gold a hedge against currency depreciation, rising crude prices and uncertainty, it is up 7 per cent (in dollar terms) in the past 12 months, says Devangshu Datta.
The RBI gauges both measures of inflation when deciding on monetary policy,
After months of anticipation (and 31,000 submissions from the British public), the Britain's Duchess of Cambridge's final selection of images for Hold Still is available to view on the National Portrait Gallery's website. Designed to "capture and document the spirit, the mood, the hopes, the fears and the feelings of the nation" during lockdown, the project brings together 100 moving amateur shots of everything from at-home haircuts to make-shift classrooms; exhausted NHS staffers on duty to dedicated postmen in superhero costumes; pensioners FaceTiming with their grandchildren to mothers cradling their newborn babies. Below, see 22 remarkable images from Hold Still - then head to the The National Portrait Gallery website for the full exhibition.
The Indian rupee slumped to a record low near 69 to the dollar on Wednesday on growing worries that foreign investors will continue to sell out of a country facing stiff economic challenges and volatile global markets.
ICICI Bank was the top gainer after stable rating for its senior unsecured bonds by S&P Global Ratings.
As someone with nostalgia for the good cheer and friendly feelings of Brazilian people, former Ambassador to Brazil B S Prakash can only hope that when they see on their TV screens their President being feted on Rajpath, they will sense India's goodwill for Brazil.
Sensex plunges 322.39 points to over 1-month closing low of 27,797.01; Nifty tumbles 97.55 points to 8,340.70.
But the 30-share Sensex rose by 141.52 points, or 0.41 per cent, to close at 34,297.47. The broader NSE Nifty gained 44.60- points, or 0.42 per cent, to end at 10,545.50 after touching a high of 10,618.10.
Bank Nifty pared all its intraday gains to end over 1% lower led by losses in BoB, ICICI Bank, Axis Bank and Bank of India
FIIs hold as much as 27 per cent in the over $1.6 trillion Sensex market capitalisation as of the September quarter, which is at a historic high.
RBI governor Raghuram Rajan is likely to cut rates in next monetary policy.
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The 30-share Sensex lost 22 points to close at 27,090 and the 50-share Nifty gained 7 points to end at 8,121.
Economy to grow by 7.2-7.5 per cent in second half of current fiscal, says FM.
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