The April 2015 trade data and the fourth quarter results of information technology (IT) majors such as Tata Consultancy Services and Infosys are a stark reminder of the challenges that the Narendra Modi government face as its tries to take India’s
Imagine buying a house by liquidating crucial investments and taking a huge loan. When it’s time for you to move in, the government declares it illegal. This is exactly what happened with buyers in two separate cases in Noida.
Low-cost airline SpiceJet is planning to raise $150 million (over Rs 900 crore) in debt or equity and is in discussions with private equity firms and banks. The airline has said it will use the funds as working capital and to repay dues.
The Indian stock market's mania for Narendra Modi has turned into moderation. A year after the prime minister's landslide election, expectations for a rapid economic revival under his government have failed to materialise.
The equity markets registered gains for the second straight week, led by a smart rally in financials and auto stocks, on anticipation that softening inflation will give the Reserve Bank of India (RBI) the room to ease monetary policy.
1. Leading indices below 200 DMA: After scaling to its all-time intra-day high of 9,119.20 on March 4, 2015, the Nifty has been on a downtrend making lower highs and lower lows, which is a bearish sign.
The markets ended at 5-week closing highs, and third consecutive week of gains, on the back of positive global cues, the government's moves to assuage fears on the Minimum Alternate Tax (MAT) front, steady progress of monsoons and hopes of interest