WPI inflation fell to a 5-year low of 3.74 per cent while the retail inflation was at 7.8 per cent in August.
While proposals for covers in volatile markets aren't denied, premiums are much higher - by as much as 100-600%
Not satisfied with the Lokpal bill passed by the Parliament today, Aam Aadmi Party leader Yogendra Yadav said the bill was not in the form as asked for and the political class would continue to "rule the Lokpal".
Mark Tully on the India he loves.
It is time for the three finance ministers of the 1990s to reveal the real hero, says T C A Srinavasa-Raghavan.
Janata Dal-United leader Nitish Kumar will take oath as chief minister of Bihar on February 22, ending weeks of political uncertainty in the state.
The tussle for power between Chhattisgarh Chief Minister Bhupesh Baghel and health minister TS Singh Deo appears to have quietened at the top, but the feud is very much visible at the lower level in the ruling Congress.
Only 68 MPs voted in favour of the motion, it said, giving the 72-year-old President a comfortable victory.
The BSE Sensex and Nifty fell more than 2 per cent on Tuesday, heading for their biggest daily loss since the midst of the rupee crisis in 2013
China is expanding its nuclear force and is likely to have a stockpile of about 1,500 warheads by 2035, up from the current estimated number of 400, the Pentagon has said in a report that notes that Beijing aims to expand its national power through both domestic and foreign policy initiatives.
Weakness in the broader markets, along with expensive valuations that these companies had commanded during their IPOs, has led to this fall
A senior NCP leader said the government is likely to be formed before the first phase of the Jharkhand polls scheduled on November 30.
Fitch Ratings on Monday said uncertainty over the bidder consortiums and process complexity, including valuation, may lead to potential delays in privatisation of India's second-largest fuel retailer, Bharat Petroleum Corporation Ltd (BPCL). Affirming BPCL's rating at 'BBB-' with a negative outlook, Fitch said it continues to treat the potential divestment of the company by the Indian government as an event risk. "Bidders are conducting due diligence, but uncertainty over the bidder consortiums and process complexity, including valuation, may lead to potential delays.
With Kabul falling into the hands of the Taliban, bilateral trade between Afghanistan and India will get impacted significantly in these uncertain times, according to exporters. Federation of Indian Export Organisations (FIEO) director general Ajay Sahai said domestic exporters should follow caution looking into the political development in Afghanistan, particularly with regard to payments, for which adequate credit insurance may be availed by them. "The trade will be impacted. It would reduce due to the growing uncertainty in Afghanistan," he said on Monday. Former FIEO president and country's leading exporter S K Saraf too said there will be a significant fall in the bilateral trade.
Geopolitical climate and equity markets as supportive for gold's role as a risk hedge.
ONGC, Sesa Sterlite, Tata Steel, RIL and HDFC emerged as the biggest losers
Billionaire Gautam Adani on Tuesday said China will feel increasingly isolated as rising nationalism, shift in supply chains and technology restrictions threaten the world's second-biggest economy. This is because globalisation, of which China was seen as the foremost champion, is at an inflection point. "It will look very different from what we had come to accept in a largely unipolar world," he said.
Bugti announced that he would support the Opposition in the wake of the no-confidence motion submitted against Imran Khan. Imran Khan's party Pakistan Tehreek-e-Insaf set to face a no-trust motion in the National Assembly.
Stating that the forthcoming elections will delay the reform process and hurt growth, international rating agency Moody's on Monday said it expects growth to pick up to only 5.5 per cent in FY15.
Outgoing Prime Minister Liz Truss will chair her final Cabinet meeting at 10 Downing Street on Tuesday morning before she makes her way to Buckingham Palace to formally tender her resignation to the 73-year-old monarch.
Sixteen companies in the group registered a turnover of over $500 million, with ten of these registering a turnover of over $1 billion
The Delhi Bharatiya Janata Party on Friday questioned the Centre's motive behind granting more time to Aam Admi Party to form a government in Delhi and said it seems both the parties were not able to finalise a "deal".
Tamil Nadu's voters wanted tough leaders at the helm, to the point of being autocratic. It was what Karunanidhi, MGR and Jayalalithaa ended up becoming, observes N Sathiya Moorthy.
Equity benchmarks continued their winning momentum for the third day on Thursday and jumped over 1.50 per cent, tracking an overall bullish trend in Asian equities. On the political front, the BJP headed for a second straight win in politically crucial Uttar Pradesh and dominated the trends chart in three other states. The 30-share BSE benchmark Sensex opened in the green and further zoomed 1,595.14 points or 2.91 per cent to 56,242.47 during early trade.
Palaniswami is the third AIADMK leader to be sworn-in as the chief minister in the last nine months.
Pakistan's embattled Prime Minister Imran Khan on Wednesday summoned a special session of the federal cabinet amidst reports that two ministers belonging to the ruling coalition partner Muttahida Qaumi Movement-Pakistan have resigned after their party announced that it will support Opposition's no-confidence motion.
'They forget that denial of basic rights has helped create a big political void which is adding to a deepening alienation.' 'This creates a fertile ground for extremist elements and targeted killings which we are witness to once again.'
At a time when investors are taking a "wait and watch" approach on fresh investment, Tamil Nadu in the past 10 months has signed 63 MoUs, enabling investment worth Rs 19,083 crore. After Palaniswami took over as chief minister in February 2017, cumulative FDI rose by Rs 46,427 crore from Rs 133 trillion (April 2000 to March 2017) to Rs 180 trillion by June this year. Thanks to the Tamil Nadu Business Facilitation Act, 2018, and the single window for applying and getting clearance for doing business, the ease of business issue has been addressed.
'There is fear that the president and prime minister are dragging their feet and won't resign.'
Singh, along with five cabinet ministers, were administered oath by Governor La Ganesan.
The market last tumbled 10% or more in December 2016 following demonetisation. The decline was followed by a sharp rebound. This time the chances of such a v-shaped recovery are less.
The war in Ukraine has made its presence felt at the World Economic Forum's annual meeting in Davos. As political and business leaders' debate, they remain fearful of Europe's economic future. There is a sense of gloom among many business leaders as energy shortage and economic recession rear their heads. Global investors are keenly assessing the presence of Indian delegation at Davos.
Jubilee's irresistible celebration of cinema and all its good, bad, ugly ways lives up to its title, applauds Sukanya Verma.
On Monday, Shashi Tharoor met Sonia Gandhi and expressed his intention to contest the upcoming AICC chief polls.
Broader market underperformed with the BSE Midcap and the BSE Smallcap indices losing up to 0.2%
Flow of Indian students to US for academic year 2018-19 dipped by 30 per cent.
Stock markets in structural bull run but there can be bouts of volatility says Ravi Gopalakrishnan, head, equities, Canara Robeco Mutual Fund
'We suggest investors with suitable risk appetite to consider allocating 40-50 per cent in large-caps, 25-30 per cent of funds in quality mid and small-caps and the rest in debt and high yield products.'
It was Prime Minister Narendra Modi and Bharatiya Janata Party chief Amit Shah's decision to reject the possibility of government formation in Delhi as the party does not have the requisite numbers and their city unit chief Satish Upadhyay was asked to convey the same to the Lt Governor.
'They are not tom-tomming what a great thing the Supreme Court decision is.' 'If they say it was a great thing, the public will react because people suffered and are still suffering.'
