A likely easing in inflationary pressures in the forthcoming months will reopen the window for the RBI to once again prioritise growth and ease its interest rates.
NTPC was the top gainer, spurting 4.28 per cent. Other winners were Bajaj Auto, Bajaj Finance, Sun Pharma, ITC, Hero MotoCorp, TCS, Yes Bank, HDFC, HDFC Bank and SBI, rising up to 1.38 per cent.
Overall, it has projected a 10.3% salary rise for India Inc in 2016 compared to 10.6% in 2015.
Analysts, however, predict it would be an uphill climb for export-reliant China's economy going forward as it faced intensified conflict with the US and the negative fallout on its external trade due to Beijing's increasingly aggressive policies towards countries like India resulting in bans of its products and services.
'The velocity of the market correction in September was so fierce that 9 stocks declined for every one that advanced,' reveals Samie Modak.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Replying to questions in Rajya Sabha, he said CAG in its audit observations has pointed out financial irregularities of Rs 1404.32 crore (Rs 14.04 billion) in its 2008 report and Rs 4547.63 crore (Rs 45.47 billion) in the 2007 report. Deshmukh said CAG has also pointed out reasons for deficiencies in the accounts of PSUs.
Finance Minister P Chidambaram on Wednesday said public sector banks plan to hire 50,000 persons and open 10,000 branches in the current fiscal.
If imputed inflation for April and May is used, then you have inflation of over 6 per cent for two consecutive quarters, which is a worrying signal for the RBI.
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The partially convertible rupee closed at 63.37/38 per dollar compared with 62.83/84 on Monday. The unit dropped 0.85 per cent on the day, its biggest single-day fall in two weeks.
Though the government says public and private shipyards compete on equal terms, public shipyards feast at the high table with the defence ministry, with only scraps being tossed to private shipbuilders.
Mallya claims private airlines were discriminated against by the Indian government, which bailed out state-owned Air India but did not assist his own Kingfisher Airlines and now Jet Airways.
The Centre for Monitoring Indian Economy on Thursday revised growth forecast for the country's economic growth upwards to 6.2 per cent in 2004-05 as against earlier estimate of six per cent.
Tata remains India's powerful brand with its value ring over $15 billion for the first time.
What will be its impact on the banks's balance sheets? Since banks need to provide for 10 per cent of the loans restructured, they would need Rs 50,000 crores to Rs 80,000 crore for this purpose, notes Tamal Bandyopadhyay.
In April-August this fiscal, the overseas shipment contracted by 31.3 per cent to $63.9 billion from $93.1 billion in the same period last year. For the first five month of 2009-10, three sectors -- rice, tobacco and fruits and vegetables --have shown positive growth, commerce secretary Rahul Khullar said.
The country's near-term outlook hinged on a benign inflation trajectory, uptick in industrial activity and falling crude oil prices
Bajaj Auto was the top gainer in the Sensex pack, surging 3.95 per cent followed by Maruti Suzuki at 2.69 per cent.
In contrast to its global peers, a lion's share of Delhi airport's growth came from domestic flyers, which, at 46.6 million, makes up for 73 per cent of the total number of passengers.
"Indian demand for real estate across office, retail, residential and hospitality sectors is expected to cross 1,000 million sq ft by 2012," said Cushman & Wakefield and GRI in The Metamorphosis, a report on India Real Estate Investment for 2008. The residential segment continues to drive real estate demand with 687 million sq ft, contributing 63 per cent throughout the term under consideration, the report said.
Total order book set to cross Rs 5,000 crore or Rs 50 billion with new orders from BMRC and DMRC.
That is the number for job creation that India needs to achieve, argues T N Ninan.
Sector-wise, pharmaceuticals, transport equipment and textiles will help accelerate overall export growth.
HDFC Bank was the top loser in the Sensex pack, falling 2.99 per cent, followed by Adani Ports at 2.87 per cent.
RBI declines to accede to plea, upheld by Padmanabhan panel, for priority sector tag; feels move would dilute claims of those needing it more.
Can the finance minister manage our expectations, asks A K Bhattacharya.
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.
Say their aggregate borrowings were "well within the norms"
The country has recorded over 20,000 cases of the infection for the fourth consecutive day. India went past Russia on Sunday to become the third worst-hit nation by the COVID-19 pandemic.
State Bank of India (SBI) chairman Rajnish Kumar, in conversation with Abhijit Lele, also says that the overhang of corporate debt stress will begin to recede in the next two-three quarters.
Even as the World Bank has revised India's growth figures by 0.4 percentage points as compared to its January forecast, India remains the fastest growing major economy in the world, the World Bank officials said.
Markets extended losses after the first hour of trade with HDFC Group shares leading the decline.
Ad spends to revive in 2018; India likely to add Rs 47,028 crore in the next five years
Some of the significant deals include private equity firm FMO's 14.48-million-dollar investment in Magma Leasing, Singapore based investment group Orient Global's 26.88-million-dollar investment in domestic brokerage firm India Infoline, ICICI Venture's $44.57-million investment in Centurion Bank of Punjab and French banking group BNP Baribas' 50.14-million-dollar investment in stock broking firm Geojit Financials.
The decision was taken by an inter-ministerial Board of Approval.
The output, as measured by the Index of Industrial Production, had contracted by 2.5 per cent in the same month of last year.
ADB was urged to take up the Railways sector.
Did you know that the Government of India has granted certain tax exemptions to start-ups for a prescribed period?
