The services sector, which plays the biggest role in shaping the economy, is facing loads of issues currently. The largest segments, financial and real estate, are struggling to cope with bad debts and low demand for houses.
UB Group Chairman Vijay Mallya is no longer a member of India's 100 Richest club, even as fortunes of the country's uber-rich have seen a significant growth since last year.
When looking at fund returns, avoid looking at just the past 12 months' performance, says Sanjay Kumar Singh
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A rule change may make Nachiket Mor, among others, eligible to replace Chakrabarty.
About 1,556 shares have advanced, 1,211 shares declined, and 182 shares are unchanged.
Pharma shares were the top gainers led by Lupin after the company received EIR from USFDA for its Goa facility
Private equity and VC investments declined by 50 per cent. E-commerce deals lowest in value, volume in over 24 months. T E Narasimhan decodes the new EY report.
Even as you fight the ongoing health challenge, here are some tips to strengthen your personal finance in the time of coronavirus.
PMAY-Gramin, which was launched in November 2016, aims to construct 10 million homes by March 31, 2019, with private sector and state government participation
Legal experts are not sure if threat of confiscation of property will be deterrent enough for fleeing offenders
"Guide to looting India by Nirav Modi - - 1) Hug PM Modi 2) Be seen with him in Davos. Use that clout to: A) Steal 12,000 crore B) Slip out of the country like Mallya, while the government looks the other way," Congress chief Rahul Gandhi tweeted.
The court also allowed Indian Banks' Association, another respondent, to file a response.
Mixed global cues and decline in crude oil prices further dent the sentiments.
'I am not a Hinduwadi leader, but a nationalist leader. I am a leader of every religion, every caste, every language and every class'
The National Stock Exchange's proposed IPO to raise Rs 10,000 crore this year is expected to see the largest ever PE exit, of around Rs 5,000 crore.
The year gone by saw the high and mighty of the corporate world face the music in the Delhi High Court which held that the telecom majors are amenable to CAG audit and Mukesh Ambani's RIL struggling hard to get rid of an FIR lodged on gas pricing by the 49-day-old AAP regime.
The RBI's comments, announced after trading hours on Wednesday, comes as yields had risen by 60 basis points after a surprise hike in the repo rate on Friday and on worries about the fiscal second borrowing programme of the government.
Grounded Kingfisher Airlines on Monday made a last-ditch attempt to preempt a hunger strike threat by its employees, by asking them to wait till Thursday, as airline expects some positive outcome from the hearing on the winding up petition against it, say sources.
The festival season holds out hope for the real estate industry as demand from end users increases in many markets.
Tuesday was the 12th day in a row that Parliament did not functioned and the current stalemate has entered the third week.
Punjab National Bank is the second largest PSU bank, in which government holding is 58.87 per cent.
Markets now expect the Fed to normalise rates gradually.
It would be a good idea to create independent oversight committees for each regulatory institution and indeed, even for their appellate bodies, says A K Bhattacharya.
IMAGES from the PNB Paribas Open played at Indian Wells in California on Monday
Tata Group shares were among the top losers while Adani Ports emerged as the top gainer
The first quarter of 2018 saw infrastructure and real estate drive investment worth close to $8 billion across 180 deals
The Prime Minister's Office has suggested that EPFO should deploy 15 per cent of its funds as loan for low cost housing saying it would generate a credit flow of Rs 70,000 crore (Rs 700 billion).
Broader markers outperformed their larger peers.
Shares of Kotak Mahindra Bank on Friday surged nearly 9 per cent after the private sector lender announced the acquisition of ING Vysya Bank in an all-stock deal valued at Rs 15,000 crore (Rs 150 billion).
Vipul Ambani, a runner who participated in city marathons, never wore his last name on his sleeve, was easy-going, mild-mannered and always smiling. Yet, the question that begs to be asked is why would he join a luxury jewellery company, says Pavan Lall.
The positive bias was aided by metal, realty and auto indices
Mundra fills the vacancy created by the retirement of KC Chakrabarty in April, two months before his five-year tenure was come to an end.
ONGC was the top performer while private banking major ICICI Bank extended gains
Ad rates on regular days are less than half, media planners said.
Norms governing investments by provident funds bar these from depositing funds in a commercial bank in case the NPAs of that bank exceed two per cent of net advances.
Tamal Bandyopadhyay details HDFC Bank's digital journey.
'The government is encouraging consumption through fiscal spending in a bid to push up economic growth in the face of a slowdown in corporate investment and exports.'
Metal stocks also had a good session, with JSW Steel zooming by 7%, and Tata Steel and Nalco gaining about 3% each.
The broader markets were also in top gear, with the BSE midcap index surging by 2.1% at 11,431 and the smallcap index gaining 1.4% at 11,735.
Sensex, Nifty slightly upbeat, midcaps to rule markets this week.
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