The situation is tricky as the rupee has slid by over 15% this year, but gold prices have also fluctuated.
Nasscom was waiting to see how the third quarter plays out before taking a call on cutting the outlook, said a person with knowledge of the matter.
One of the most important — and most dangerous — is when a single sector or group is so powerful that it dominates how an entire society thinks about itself
It was sheer good luck that due to the limited FII access to China, the lesson was learnt relatively less painfully, says Nilesh Shah.
The rupee is not fully convertible under capital account and there is no immediate concern of flight of capital happening overnight.
China today removed 75 per cent loan-to-deposit ratio stipulation for its commercial banks to improve liquidity and imposed $2.5 trillion as ceiling for local governments to control the spiralling debt.
The biggest determinant for market direction next week will be the RBI's rate-setting meet.
The stronger-than-expected GDP figures released yesterday have raised speculation that China has inflated the data, state-run Global Times reported.
Even as the Chinese stock market crash, compounded by the eurozone's Greek debt crisis, has seen investor confidence shatter, the US continues to offer hope.
China's major stock index, SSE Composite Index plunged nearly 30% since June 12 including Friday's fall of 5.7 per cent.
For investors willing to stay invested in stocks for the next 20 years it is important to find mutual fund schemes with a track record.
Intensifying her tirade against the Centre for allowing FDI in pension funds, Mamata Banerjee today said the future of pensioners in the country would be jeopardised the way it had been in the US.
Besides valuation concerns, the domestic market is facing a host of headwinds ahead.
Gold surged by Rs 1,310, the biggest rise in two years, to reclaim Rs 31,000 per 10 gram level in Delhi, with stocks and rupee plunging on fears government may move to capital control regime.
Only recently have signs of weakness begun to appear -- tech startup funding fell in 2016, high-flying biotech company Theranos Inc. imploded dramatically and Uber’s negative public image may be taking a toll on its valuation.
The central bank raised short-term interest rates on March 16 in what economists said was a bid to stave off capital outflows
In his first appearance, the Reserve Bank of India governor handled every issue facing world markets with such ease that it looked like he knew it was coming.
Chinese Premier Li Keqiang last year had said that the Chinese government targeted an annual economic growth of around seven per cent for 2015.
Retail investors, known to aggressively buy in the stock market at the top of a bull market, repeated this behaviour in the September quarter.
China is considering bringing together its banking, insurance and securities regulators into a single super-commission.
An online survey by ET Wealth shows that only 12% of investors in India have financial advisers. You too may be missing out on the right kind of guidance.
This is utterly unnatural. It has been justified as a temporary expedient to ensure a full-fledged US recovery from the 2008 crash.
While we know of stock market crash of 1929 that was a prelude to the Great Depression (1929-1933), the Black Monday of 1987 that marked the largest one-day market crash till that date.
The FM is also the leader of the Rajya Sabha. As the then Leader of the Opposition in the same Rajya Sabha, the same Jaitleyji obstructed key bills during the UPA rule.
Indian market managed to stage a smart bounce back on Tuesday, after falling below key support levels in the previous trading session.
The shortage of new notes may ease by December-end. But the economic effects will surely spill over into the next quarter, and maybe the whole of 2017.
Stating that India's image as an investment destination is not good, Swaminathan S Anklesaria Aiyar said that there is a distinct possibility of a credit rating downgrade.
Being invested in dollar-based assets will aid diversification and reduce the impact of rupee depreciation on your portfolio.
The entire world is watching China's stock market collapse, but it's important to keep it within the context of the greater Chinese economy.
Indian markets plunged while the rupee weakened on Monday after Greece voted 'No' to harsh bailout conditions proposed by its creditors.
American investors need to prepare for an upcoming stock market crash that will be worse than 2008, a noted US economist has warned.
Steve Wozniak, the engineer-inventor, doesn’t expect artificial intelligence to become smart enough to replace the human brain or cause job losses.
While it is early to predict where will Softbank deploy its excessive financial clout, experts agree it is only good news for startup investment market of India.
The outlook for gold is not optimistic and there could be more pain in store. The key factor working against gold is the imminent rate hike.
The French bank Caisse d'Epargne lost around USD 800 million in a derivatives trading "incident" during last week's market turmoil.
Merrill Lynch has sold its nearly 5% stake in financial services company Religare Enterprises for an undisclosed sum.
In an interview with ET, Mark Buchanan talks about how a chauffeur's mistake started the First World War and how that is linked to big stock market crashes.
Looking at Indian markets, the rupee could hit a new low while stocks are likely to be more resilient but volatile this week.
The rupee weakened to two-and-a-half-year low on sustained euro worries and sluggish stock markets, while speculative activity in the offshore markets continued.
While oil’s collapse has deepened concern that Saudi Arabia will need to liquidate its Treasuries to raise cash, a more troubling worry has also emerged.
It will put pressure on the toplines of companies as clients postpone investments and renegotiate contracts to cut cost.
The government's clarification that it would not tax PN holders did little to boost the prospects of these offshore derivatives in April.
The US Senate Banking and Currency Committee resumed its investigation of Wall Street financial practices on June 27, 1933, after a few weeks' break.
Yet, today’s combination of high hopes and stagnant production bears an uncanny, depressing resemblance to Chidambaram’s last two years.
Gold as an asset class will always see price appreciation and it attracts investors during the times of uncertainty, say analysts.
Reliance Infratel has revived its plans to list the company and on Thursday filed the draft prospectus with the market regulator SEBI.
The crisis now gripping world financial markets should be less serious than that of 1929, Nobel Prize laureate Joseph Stiglitz said today, because new "instruments" could prevent a depression.
This budget may be the time to reward safety-minded investors with long-term outlook by making bank deposits equally attractive as equities.
Online shopping, digital money, constantly beeping mobiles and a pursuit of job satisfaction over salaries by co-workers may push your boundaries.
British writers set the theme, and Americans writers expanded it, through Wall Street and its financial schemes all based on the promise of developing their vast continent.
Though the real estate industry has been going through hard times for more than a year now, the hardship is primarily from the sellers' point of view.
Stocks of oil companies have remained buoyant thanks to falling oil prices and renewed hopes on clarity in policy.
Club Mahindra Holidays, a subsidiary of Mahindra and Mahindra, has bucked the trend by recording a 89% occupancy in its 30-odd resorts for the December quarter.
The 4.4 crore subscribers of the Employees Provident Fund Organisation (EPFO) should not expect any rise in their provident fund interest rate this fiscal.
Verghese Kurien, who passed away at the Muljibhai Patel Urological Hospital today headed the GCMMF for several decades.
Former Federal Reserve chairman Alan Greenspan said financial markets and the economy will recover “sooner rather than later” from the worst turmoil in seven decades.
If funding dries up, the first impact will be on hiring, then on your salary, then on servicing customers and finally your startup shuts down.
Bangalore-based life sciences company Avesthagen Ltd plans to launch an initial public offering in the second half in the current calendar year with an aim to raise Rs 600 crore to Rs 700 crore.
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The Economic Survey presented by Jaitley in February had projected a growth rate of 8.1 to 8.5 per cent for the current financial year.
Korean confectionery major Lotte is setting up a separate wholly-owned subsidiary in India, which would operate parallel to its existing public-listed firm Lotte India Corp.
Some analysts say investors can pick stocks which are more India-centric, especially those focused on rural India, and have little exposure to global markets.
Sharp selling seen in Chinese equities and rising concerns over Greece are making analysts see a repeat of the 2008 global crisis.
Indian Hotels Company (IHCL), owner of the Taj chain of hotels, is believed to have decided to issue fresh warrants after shareholders decided not to convert existing warrants in the wake of an over 50% erosion in the stock.
The promoters of Pantaloon Retail find themselves between a rock and a hard place as warrants issued in 2010 become due for conversion.
India wants to renegotiate DTAA, a tax treaty in force since 1995, to obtain details of bank accounts maintained by Indians in Switzerland. World's top tax havens that hoard billions
New premium collection in the life insurance industry has fallen 11.6% in the fourth quarter.
Jim Walker, who was among the first strategists to issue a ‘buy’ call on India, says downturn has ended, but biz cycle upswing still in early stages.
HC has directed Sebi to respond within four weeks to a petition challenging the popular 'consent orders' used to settle dispute with securities law offenders.
Marc Faber, who is known to make extreme bearish predictions, said the US Federal Reserve may not increase interest rates this year.
Rolta became a casualty of market rumours in early trades on Tuesday. The Rolta scrip fell nearly 70% intra-day, before trimming losses to 18%.
The meltdown in the global financial markets has taken a toll on the overseas borrowings of Indian corporates.
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Many took loans to exercise the option. Today, not only the cost of borrowing has gone up, but also the value of assets acquired has eroded.Why work before MBA?
Loyalty pays and so do the corporate for holding back their employees through instruments like stock options. But the stock meltdown has turned the sop into a liability for many a loyal ones in India.
The rupee fell in tandem with the stock market on Thursday, as concerns over further dollar repatriation by foreign investors dampened sentiment for the local unit.
The trend of malls reporting 10-20% dip in footfalls in past couple of months looks like continuing into the Diwali season as well.
Steep increase in Jantri rates, rising costs of construction materials and economic meltdown after collapse of financial institutions in the US have impacted real estate in central and south Gujarat districts.
The CPI-M today demanded an immediate cut in prices of petrol and diesel in view of sharp reduction in international oil prices, to give some relief to people.
Finance Minister P Chidambaram on Friday promised to address liquidity and other concerns of the economy.
Even the 1930s are looking better for US stock investors after the credit crisis wiped out over six trillion dollars from equities in the past year.
Investors believe in what they see - gold and real estate are good for them. If one looks at the two-decade history, both the assets have not failed them.
A consortium of investors, led by private equity player 3i, is in talks to pick up a 4-4.5% equity stake in Adani Power for Rs 1,800 crore.
After delaying premium renewals or even letting it lapse last year (policy lapses ranged between 15% and 20%), financial investors are once again looking at life insurance with renewed interest.
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The company is planning to raise Rs 6,040 crore at the upper end of the issue price band of Rs 36.
In the backdrop of global slowdown, a return to fiscal prudence would have to wait, FM indicated that govt would return to Fiscal Responsibility and Budget Management Act targets once economy resumes normal growth.
Reliance Mutual Fund, has become the first mutual fund (MF) house in India to cross the Rs 1 lakh-crore mark in average asset under management for a month.
As on September 30, 2010, the Nahatas - promoters of HFCL - held 2% in the company, corporate bodies held 31% and the rest by retail shareholders.
This could be a sort of poetic justice for investors still licking their wounds from the sharp stock market crash in October following a surprise crackdown on investments from unregistered foreigners.
Rebuking Finance Minister P Chidambaram's "concerns" over developments in the stock market, the CPI told him to concentrate more on issues concerning the livelihood of people of the country.
Amidst the stock market crashing, trigged by potential curbs on foreign money coming to India, a top IMF official said the capital inflows entering the emerging markets, mainly through FDI route, may exert pressure on exchange rates.
The stock of Rolta India continued to languish in the red on Wednesday. The stock, which witnessed a 70 per cent fall intra-day on Tuesday, was trading at Rs 86.75, down nearly a per cent. It touched a low of Rs 80.35.
The sharp depreciation of the Indian rupee against the Japanese yen and the dollar helped Japanese drug company Daiichi Sankyo save around $880 million.
Gold is holding just over its 5 1/2 year low, below $1,100 per ounce, with expectations for a near-term US interest rate hike seen keeping momentum with the bears.
A continued sell-off in China poses a much greater risk to the Indian market than a potential Grexit.
With the real economy yet to be impacted by ever-growing fears of a global recession, India's policy makers should unveil measures that help sustain local demand, according to leading economists.
The Prime Minister struck a note of caution against the backdrop of a stock market crash and fears of global crisis hitting the Indian banks.
India’s largest vaccine maker, Serum Institute of India, has picked up close to 7% stake in rival firm Panacea Biotec.
LIC had lost out on market share and topline growth as it tried to move away from ULIPS.
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