The Opposition in Rajya Sabha today asked Finance Minister Arun Jaitley to clarify whether the government has decided to scrap the newly launched Rs 2,000 note and introduce a Rs 1,000 coin.
Private equity firm KKR & Co has agreed to buy WebMD Health Corp in a deal valued at about $2.8 billion, bringing a slew of popular online health information websites under one umbrella.
Amid the Sikkim standoff, China today hinted that a bilateral meeting between State Councillor Yang Jiechi and National Security Adviser Ajit Doval could take place on the sidelines of a BRICS NSAs' meet here this week.
Finance Minister Arun Jaitley today described the outgoing President Pranab Mukherjee a guardian of the Constitution who always upheld its propriety.
Though the Nifty corrected for two days last week, traders were little bothered about the index’s slide. For two reasons: first, the correction was caused by a large cap stock with high index weight, ITC.
It could come as a surprise to many that the Nifty has not seen a three-digit correction in the last seven months. The index’s worst fall came in mid-May, when it almost touched three digits, shedding 96 points.
The massive rally that drove the Indian market to record highs, has had a positive rub off on the beaten down real estate stocks. Most realty stocks have made sharp gains during the year, as the sentiments seemed to have improved for the sector.
Investors aren’t taking sides in the biggest political crisis in the Gulf in decades because their focus has already returned to oil.
Seven weeks after Saudi Arabia led a coalition of Arab states in cutting ties with Qatar over allegations that it supports terrorism, holders of both countries’ stocks and bonds are paying almost identical risk premiums. Their five-year credit default swaps converged for the first time in two years, stocks are valued at an average 13.8 times’ projected earnings over the next 12 months, and their international bonds traded level at 3.39 percent.
Indian Finance Minister Arun Jaitley on Saturday said demonetisation and GST will make cash transactions a lot more difficult and lead to greater compliance as well as expansion of tax base.
Even as the Members of Parliament have been waiting for a pay hike, the MLAs in Tamil Nadu are set to take home a large pay packet