'Experts are not ruling out further pain as global factors cannot insulate India from the aftermath.'
Stocks of companies having operations and exports to Europe were the top losers.
India remains an attractive destination and the recent sell-off has made valuations attractive in the large-cap space.
A formal sector worker can contribute towards pension scheme till the age of 58.
Experts believe volatility is here to stay for some time, at least till China stabilises and clarity regarding the US Fed's interest rate move emerges.
Stockmarket Gurus Raamdeo Agrawal, Manish Gunwani, S Naren and Nilesh Shah discuss their favourite themes for the New Year.
The move comes within months of a crisis at JPMorgan Asset Management Company.
'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.
'She was either overconfident that nothing will happen to her or she underestimated the gravity of the allegations.'
No fund houses could muster the courage to launch equity funds during the period and the sector lost a lot of its equity assets.
Three closed-ended equity schemes have been launched in the past month or so and another is set to open soon for subscription.
Buying an insurance policy? Claim Settlement Ratio helps you find out the chance that your claim will be settled and how soon it will be setled.
Wiping off nearly Rs 4 lakh crore of investors' wealth during the day, benchmark Sensex crashed on Friday.
Indian batting legend Sunil Gavaskar lavished parise on Suresh Raina's match-winning knock in the second ODI against England and rated the left-hander's hundred as one of the best ODI innings overseas.
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.
With uncertainty looming large over Indian markets, retail investors can increase their exposure to US funds.
Asset managers are betting big on ETFs these days.
Not all NPAs are treated as wilful defaulters.
After 2015, all re-structured assets will be treated on a par with non-performing assets, requiring the same level of provisioning.
The online world is driven by convenience, simplicity and speed.
Next time you swipe, ask yourself, do you really need it or do you just want it?
Most large fund houses, such as HDFC MF, ICICI Prudential AMC, Reliance MF, Reliance MF, Birla SunLife MF and SBI MF, have the backing of large banks or financial institutions, giving them reach and understanding, they say.
The Financial Sector Legislative Reforms Commission had in a report last year proposed a unified regulator for the entire financial sector -- markets, insurance, commodities and pension. It had, however, proposed to keep banking out of its purview for now.
More than 30 entities, including brokers and high net worth individuals, have come under the scanner of market watchdog Sebi for unusual trading activities on the day of Lok Sabha election results.
They are suitable for a 3-5 year horizon. Choose equity funds for longer than 5 years
Stellar rally in ITC shares along with strength in the Asian equities capped the downside.
Three major central banks have hit the zero limit, the Fed, the European Central Bank and the Bank of Japan.
Bupa and Axa have already declared their intention to raise stakes.
A leave vote means the future of Britain's financial services industry is now hanging in the balance.
Finance firms in these SEZs likely to get tax breaks.
In last few years, a number of global players have exited the Indian mutual fund business.
The decision in this regard, however, is expected to be taken by the new government.
Salil Dhawan reveals the MFs that have not only performed well in the past but have a promising outlook for the future too.
With outlook uncertain for a range of sectors, no one is quite sure of where to invest in stocks
National Demorcatic Alliance ministry's list of assets is fairly wide -- from land and property to vehicles and, for quite a few, guns. Nivedita Mookerji reports
Photos of the World Cup game between India and Zimbabwe being played in Auckland
Sensex ended strong, Tata Steel, HUL climb higher.
'Indians are great savers, but they are lousy investors.'
Move could be aimed at integrating operations with Indian subsidiary.
Event-based volatility could rise in the near future, increasing arbitrage opportunities.