(Any opinions expressed here are those of the author and not of Thomson Reuters)
After a dream run for markets, we witnessed a correction last week with the Nifty declining about 1.86 percent to close at 7,229. The smaller stocks also paused — the NSE mid-cap index lost about 4.5 percent.
(Any opinions expressed here are those of the author and not of Thomson Reuters)
There are 24 life insurance companies operating in India, and Life Insurance Corporation of India (LIC), the industry’s biggest player, was one of only five which did not have an online term plan, until now.
(The views expressed in this column are the author’s own and do not represent those of Reuters)
(Any opinions expressed here are those of the author and not of Thomson Reuters)
The rupee was tossed around quite a bit in the last 10 months. It dropped to a low of nearly 69 to the dollar, creating an economic crisis, before it recovered and is now at 59-60. The threat is not that it may drop once again, but that it may appreciate further and upset the economy in other ways.
(Any opinions expressed here are those of the author and not of Thomson Reuters)
Not even exit polls could have predicted the landslide election victory that has put the BJP’s Narendra Modi in the driver’s seat for India.
(Any opinions expressed here are those of the author and not of Thomson Reuters)
The swearing in of Narendra Modi as India’s next prime minister is imminent. Voters have given the BJP an overwhelming majority and the party is all set to form the next government on its own.
(Any opinions expressed here are those of the author and not of Thomson Reuters)
As the sun set on the final phase of polling in India on May 12, newsrooms were waiting impatiently for 6.30 p.m. — the deadline set by the Election Commission for airing survey results on post-poll predictions.
(Any opinions expressed here are those of the author and not of Thomson Reuters)
The highlight of the past week was a stupendous 3 percent rally on Friday with the Nifty ending at a record high of 6858. Investors were in a sombre mood earlier in the week, when the market was threatening to break a crucial support level around 6650.
(Any opinions expressed here are those of the author and not of Thomson Reuters)
Results of the five-week general election will be announced on May 16, with the Bharatiya Janata Party (BJP) led by Narendra Modi favoured to win.
(Any opinions expressed here are those of the author and not of Thomson Reuters)
The rate of growth in infrastructure industries falling to 2.6 percent in FY2013-14 came as a shock. That’s because these industries had been consistently growing at relatively high rates in the previous three years, in spite of the drop in production in other industries.
