Difficulties in containing the virus, an anaemic policy response, and underlying vulnerabilities, especially across the financial sector, are leading us to expect growth to fall by 5 per cent this fiscal year before rebounding in 2021, S&P said in a report.
The S&P BSE Sensex ended at 24,900, down by 66 points.
'As a course mate who has followed closely this star on the Bombay Sappers firmament, my heart swells with pride to see his extraordinary brilliance and focus; his commitment and his dedication; his hard work; and his technical as well as tactical knowledge,' says Colonel K Thammayya Udupa (retd) of his batchmate General Manoj Pande who will take over as chief of the army staff on May 1.
Designer Tarun Tahiliani's showstopper looked stunning in a peach lehenga.
Key macroeconomic numbers like IIP and CPI will definitely improve going forward if the monsoon turns out to be favorable.
While margins contracted by 30 basis points on y-o-y basis, they fell a sharper 120 basis points on a sequential basis to 16.8 per cent. Profitability was impacted adversely due to subdued demand, tepid realisations in commodity sectors, and negative operating leverage.
The Sensex, after touching a low of 19,542, ended at 19610 -- down 150 points ot 0.7%.
The 30-share Sensex is down 348 points and the 50-share Nifty was down 107 points at 25,228.17 and 7,542.10 level, respectively.
India's economy grew by 1.6 per cent in the fourth quarter of 2020-21, restricting the full-year contraction to 7.3 per cent, official data showed on Monday. The fourth quarter growth was better than the 0.5 per cent expansion in the previous October-December quarter of 2020-21. The gross domestic product (GDP) had expanded by 3 per cent in the corresponding January-March period of 2019-20, according to data released by the National Statistical Office (NSO).
The rupee had retreated four paise from its 11-month high levels to close at 58.63 against the dollar on Tuesday on fresh demand for the US currency from importers, amid some profit- booking in stocks.
The 30-share Sensex ended at 20,224 down 62 points or 0.31% and the 50-share Nifty ended at 6,157 down by 30 points or 0.49%.
Costume designer Neeta Lulla on her fabulous work on the film, which won her a National Award.
The 30-share Sensex ended down 114 points at 19,464 and the 50-share Nifty closed 41 points lower at 5,858.
The second season of City Of Dreams has more pulp, hardly any juice, feels Sreehari Nair.
The Reserve Bank of India on Friday decided to leave benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance as the economy faces heat of the second Covid wave.
Prime Minister Manmohan Singh and Congress leaders may be rejoicing over the impressive victory the party scored in Karnataka, but the celebrations could well be short-lived as the UPA government's credibility stands at an all-time low. Anita Katyal reports
The rupee on Monday plunged by 48 paise to hit its life-time low of Rs 57.54 in early trade on heavy dollar demand and the US currency strengthening against major rivals overseas.
The 30-share Sensex ended down 80 points at 20,895 after hitting a low of 20,861 and the 50-share Nifty ended down 38 points at 6,219 after touching a intra-day low of 6,209.
Profit taking was seen in financials and index heavyweight Reliance Industries after recent gains.
His position in India's 100 richest list by is 11 places down to 84th.
Years of fiscal profligacy, a long struggle with high inflation, high interest rates, persistent political gridlock and fragile global economy have put India back in a rut.
At the Interbank Foreign Exchange market, the domestic currency commenced weak at 55.68 a dollar from Monday's close of 55.57 against the dollar.
he 30-share Sensex ended at 20,062 down 49 points or 0.25% and the 50-share Nifty ended at 6,095 down by 20 points or 0.32%.
The ongoing economic slowdown seems to have weighed down on the confidence of India Inc.
Some tips on how small companies can take on the big ones.
The rupee on Monday fell by 40 paise to 59.96 in early trade on the Interbank Foreign Exchange market, weighed down by dollar's gains against other currencies in global markets.
This is to counter allegations by the Opposition that the BJP had tipped off some of its own leaders about note ban.
Sluggish rise in new business inflows and a cautious approach to costs reportedly led Indian manufacturers to shed jobs in September.
The shortfall in the Centre's GST collections has raised concerns over it meeting the fiscal deficit target of 3.3 per cent of GDP, reports Ishan Bakshi.
Markets ended over 2.3% lower on Tuesday, amid a weakening rupee, weighed down by financials on concerns that the RBI would announce fresh measures to cap liquidity amid a weakening rupee.
FMCG majors ITC and HUL along with RIL and ONGC weigh on the indices.
Markets ended lower on Thursday following the expiry of July derivative contracts weighed down by profit taking in FMCG shares after recent gains.
The consumer goods segment faces an uphill task of retaining investor interest in the near future as valuations become expensive.
Markets slipped into negative terrain in late noon deals weighed down by profit taking in bank shares.
The rupee on Monday closed down by 10 paise at one-week low of 54.62 on sustained dollar demand from importers and capital outflows.
Oil & gas, banks and auto shares weigh on investor sentiments, IT stocks buck trend.
DLF, which builds homes, offices and shopping malls, has lost about 61 per cent of its value since listing on the stock exchange in 2007, underperforming the wider market.
Benchmark indices weighed down by software and financial shares coupled with weak global cues.
BSE Healthcare index slumped by nearly 2% followed by counters like Consumer Durable, Banks, Oil & Gas and PSU shares, all falling down by 1% each.
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