Major global indices like CAC 40, DAX Shanghai Composite, Hang Seng, Nikkei, Straits Times, Sensex, Nifty have lost 1% - 10% in a week
Markets closed in the red on domestic worries.
Indian market has been plagued by negative sentiment and triggers
'One way of doing this could be offering credit guarantee to the banks, say 10 per cent, for fresh loans given to micro, small and medium enterprises,' observes Tamal Bandyopadhyay.
While enjoying long-awaited economic good times - and hoping they will last as long as possible - some caution and some prudence might be the best protection against bad surprises, says Claude Smadja.
'Rate cut should reiterate RBI's commitment in providing confidence to consumers and small business.'
A strengthening dollar, rising interest rates, tightening liquidity and a surge in oil prices - all are combining to create a toxic atmosphere for EM assets, says Akash Prakash.
'Some business families would probably have to revert to their core businesses, which the IBC will ensure.'
Start 2017 with these five simple financial resolutions and you will put your family on solid ground financially, says D P Singh, executive director and chief marketing officer, SBI Mutual Fund.
The fault line between the West and Russia has widened into a deep chasm and this is likely to endure in the foreseeable future. Far from forcing its way into the European tent, Russia may be reduced to the status of an even more sullen and weakened bystander on its periphery. The US appears to have won this hand with little cost to itself, observes former foreign secretary Shyam Saran.
India needs to invest a lot more money in science research and translate this research into products and solutions for its people, says trustee at the Infosys Science Foundation and co-founder at Infosys Kris Gopalakrishnan.
12 out of 21 public sector banks reported declines in their loan books in the last financial year against seven such banks in 2015-16 and none in 2013-14.
The second wave of the pandemic in the country has derailed the recovery momentum of the domestic auto industry, which was poised for a comeback in the current fiscal after witnessing the two consecutive challenging years, ratings agency ICRA said on Thursday. Unlike the first wave where infections were largely localised to urban clusters, the second wave has seen deeper and wider penetration, including into rural hinterlands. Accordingly, outlook for various segments has been revised downwards, it said.
Individuals often postpone tax planning till the end of the financial year. As the deadline for showing proof of investments draws near, they invest randomly in any product that will help them save tax for that year. Later, they realise that it is not suited for them, so they abandon it. Tax planning should not be a standalone, one-off activity, but should be in sync with your overall financial plan, says Sanjay Kumar Singh.
Vijay Iyer, a resident of Jamaalpura, has been risking his own safety by offering free sanitisation service, especially in the containment areas of Bhopal city. Armed with his sanitising equipment, Iyer, a trained electrician who also runs a puncture repair shop, travels to different localities in the capital city of Madhya Pradesh.
The outgoing Chief Economic Advisor will always be remembered for his remarkable passion, his large imprint on policymaking and the high level of public debate he fostered
Even if interest rates go down, they may continue to offer better returns than fixed deposits.
Sukanya Verma shares a few ideas on how to celebrate NYE inspired by Hindi films.
'The BJP has shown signs lately of returning to its trader mindset.' 'Several strong emotions get meshed in this: Nationalism, protectionism, mercantilism, and arrogance,' points out Shekhar Gupta.
ONGC, Sesa Sterlite, Tata Steel, RIL and HDFC emerged as the biggest losers
BSE Mid-cap index ended lower by over 2.5% and BSE Small-cap index tumbled over 3%.
Besides regular buyers, there is lot of interest among those in essential services, such as health, banking, and IT. The sales will be helped by social distancing becoming the new normal in both urban and rural regions as people will be averse to using public transport.
A dummy's guide to all you must know about before availing an education loan
Domestic investors have managed very well to minimise the impact caused by relentless selling by foreign portfolio investors.
'It will be only in fiscal year 2023 when the size of the Indian economy will be bigger than what it was in 2020, you will see demand and employment rising.'
'How do we explain that on the economic, internal security and strategic fronts, India's unstable coalitions have acted more decisively and boldly than all our full-majority governments yet?' asks Shekhar Gupta.
The progress on US debt ceiling talks, domestic inflation numbers and second quarter earnings of companies are expected to keep investors busy in the truncated trading week ahead.
'Modi wants to reverse everything Nehru did, but is shy of touching his daughter's most unwise policies.' 'There is no example of this more stark than bank nationalisation,' says Shekhar Gupta.
Higher interest rates in the US do not necessarily coincide with capital outflows.
In an indication of easing financial stress among borrowers, the number of unsuccessful auto-debit requests through the National Automated Clearing House (NACH) platform declined in July, reversing a three-month trend that started with the second wave of the Covid-19 pandemic. According to the NACH data, of the 86.4-million transactions initiated in July, 33.23 per cent, or 28.7 million transactions, failed, while 57.7 million were successful. Compared to June, this is a significant improvement in bounce rates.
Stocks of companies having operations and exports to Europe were the top losers.
Seed and early-stage start-ups are high-risk businesses, rarely have collateral and only 1 in 10 of them makes it to becoming a viable company.
With real estate -- NRIs's favourite investment vehicle in the past -- unlikely to do well in the near future, there is a strong case for NRIs to shift to equity and debt mutual funds, says Prateek Mehta.
Mee Raqsam is an ode to fathers who guide their children to the path where dreams come true, notes Sukanya Verma.
The recent pullout by ICICI Venture and Citigroup Venture from a three-year-old drug discovery partnership with Dr Reddy's Laboratories points to angel investors' growing aversion to risk in pharma and biotech firms, say experts.
Expect more volatility in the coming year as the economy and markets price in the demonetisation drive.
In 5 years, the AMC has clocked a growth rate of 40% with its AUM up nearly 4 times.
More than 10% (40 of 498 companies) have lost at least half their market value.
The 30-share Sensex ended down 215 points at 27,011.
'Chinese dominance reduces India's influence in South and Southeast Asia and erodes its status globally.' 'For a country striving to create a multipolar Asia, it would be a serious setback,' says Brigadier S K Chatterji (retd).
