The benchmark share indices ended over 1.6 per cent down on Monday, amid weak global cues, weighed down by selling in bank shares after an RBI panel proposed strict norms for loan restructuring. The Sensex slipped 281 points or 1.6 per cent to close at 16,877 and the 50-share Nifty plunged 87 points or 1.7 per cent to close at 5,118 levels.
The Nifty ended at 5,687 up 33 points.
the Nifty which touched an intra-day low of 4,639 closed lower by 59.55 points at 4,646.
Markets were also weighed down by losses in index heavyweights Reliance Industries and Infosys.
are in the process of building one at the Jio Center in Bandra Kurla Complex where the Maker Maxity building used to be. "This theatre will be on the top of the mall and should be able to accommodate 300 cars, and is expected to open sometime in January or February next year.
The rally was owing to Central Banks (ECB, US Fed, BoE, Central Banks of Canada, Japan and Switzerland) liquidity move to get dollars at subsidised rates.
With economic growth slowing to a six-year low, IMF Chief Economist Gita Gopinath says the government should undertake structural reforms such as bank clean-up and labour reforms to address the slowdown in domestic demand. She rooted for government policies focusing on managing a slowdown in domestic demand, and on boosting productivity growth and supporting employment creation in the medium term.
If one's balance is low or sometimes negative, it would intimate the person about the balance and also about the nearest recharge centre.
'Today, there is pervasive fear in society; an uncertainty of what might happen.' 'This has forced Muslims to shrink further into mental ghettos, with many considering extreme measures like pretending to change their identity.'
The Nifty ended at 5,687 up 33 points.
DMart's everyday low pricing model is being replicated aggressively by most players (online as well offline retailers), compelling the firm to keep prices down significantly.
Rashmi Bansal, the author of the bestsellers Stay Hungry Stay Foolish and Connect the Dots, writes on youth, careers and entrepreneurship. Her new book I Have a Dream on social entrepreneurs has just been released. She writes this special column for Rediff.com
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Shubh Mangal Zyada Saavdhan is not so much a homosexual romance as it is an exuberant appeal imploring conservative Indian parents to accept and respect their children's choices, gay or straight, notes Sukanya Verma.
The party believes that Mamata's poor handling of the pandemic and the devastation brought on by Cyclone Amphan will provide it the political fillip it needs.
They may be facing tremendous pressure to deliver at home, but India captain Mahendra Singh Dhoni believes his team is not weighed down by the tag of 'favourites' for the upcoming World Cup.
Virat Kohli's side are determined to keep the momentum rolling into the second clash in Perth and inch closer to a breakthrough series triumph Down Under.
Don't feel burdened by World Cup defeat: PM to Women's cricket team
A cheap version of his opus Jodhaa Akbar, Ashutosh Gowariker's Panipat falls flat on its face at every end, with lacklustre writing and terrible character definition proving to be the movie's ultimate undoing, feels Rediff reader Anu Gopinath.
Recent estimates show that foodgrain production in 2016-17 has touched a new record of 273.4 million tonnes or 8.7 per cent higher as compared to last year.
It's easier to see a heart surgeon than a designer whose appearances on social pages far outnumber their presence before clients, notes Kishore Singh.
The value of the ace investor's personal holdings rose by just 2%.
Pierre Paganini may be the most important reason Roger has the best record in men's tennis in the past 12 months.
'Given the emerging trends, it may be time for India to embrace digital banking,' notes Pradipta Bagchi.
Some officials, I am told, do not even have an email address and for them, papers placed on a cardboard file and wrapped in the horizontal four-inch flaps and a thread are quite the official thing. An email which demands quick attention can stare him/her in the face unlike a file that can pile up with others on some remote shelf in the office, sometimes almost forgotten.
Total revenue, as per the US accounting rules, rose over one per cent to Rs 9,772.20 crore (Rs 97.72 billion) during the December quarter, from Rs 9,633.4 crore (Rs 96.33 billion) in the corresponding period last year, Bharti Airtel said.
"The central government had rescued other businesses by re-structuring debts to the tune of Rs 30,000-40,000 crore. Compared to this, the amount (debt) of Jet Airways was much smaller. Moreover there was a resolution (accepted) by the lenders to save jobs and to save the airline," Sharma said.
It looks like IBM is betting on Vaswani to replicate the success he had with Dell
Sensex had opened on a shaky note at 15,838.63 but managed to recoup all the losses and rebound into the positive terrain for a short while to touch a high of 15,957.06. However, the weak opening of the European markets, coupled with subdued Asian markets, pushed the index into the red and slip to a low of 15,330.56. Intraday volatility on the bourses was high and the index moved in the range of 627 points in the day.
Weighed down by mounting outstandings and non-performing assets (NPAs), credit card companies are taking strong measures that include slashing new card issuances and credit limits for existing customers.
The broader 50-issue NSE Nifty dropped 38.35 points, or 0.38 per cent, to close at 10,186.60
'It will be better if the 'family' desists from giving 'advice and guidance' lest it should be seen as a backseat driver which had placed a puppet at the top,' says Amulya Ganguli.
The rupee ended lower by six paise at 65.73 against the US dollar on Monday.
The Indian government will present the annual budget for 2016-17 on February 29.
It is mission damage control and ICICI Bank is pulling out all the stops. Weighed down by persistent rumours over its health, the bank's top management will meet senior employees on Monday to reassure them about their future.
India, replying to Sri Lanka's 600-6 declared, were in trouble at 159-6 at close on Day 3 of the first Test.
Biolage, a leading professional haircare brand in the US, has just launched its Smoothing Serum in India.
A growing number of voters have concluded that Senator John McCain's running mate Sarah Palin is not qualified to be vice president, weighing down the Republican ticket to the White House in the last days of the campaign, a new poll shows.
Former FM Yashwant Sinha has opined about the impact of a weak dollar on the Indian economy and the present FM's stand on it.
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