The government must move swiftly to contain the damage to investor sentiment
Property market, long considered a black money safe haven, seems to have taken a big hit from demonetisation, with developers seeing their sales drop by about 50 per cent in the last three months and now pinning their hopes on buyers coming to market with 'white money'.
Pioneering US electric car firm Tesla said today it was investigating a fatal crash in The Netherlands when a Model S sedan ploughed at high-speed into a tree.
Three hundred people, mostly Indians, had a narrow escape today when a packed Emirates flight from Thiruvananthapuram to Dubai crash landed and caught fire here with authorities saying that all on board were evacuated safely.
Tesla Motors alerted regulators to a fatality in one of its electric cars in partial self-driving Autopilot mode nine days after it crashed, the company said on Tuesday, defending its decision not to make the accident public before a federal investigation was announced.
China is aiming for average economic growth at or above 6.5 percent for the next five years, the government said on Saturday, as the world's no. 2 economy seeks to balance deep structural reforms, gyrating financial markets and softening global trade.
Analysts warn that despite yesterday's pullback, the trend continues to remain down and that investors must stay cautious till there are signs of consolidation.
Global stock markets are on their shakiest footing in years.
In an interview with CNBC-TV18's Latha Venkatesh and Anuj Singhal, Ajay Srivastava of Dimensions Consulting shared his view on the sudden sell-off that was witnessed in the market today.
With the Sensex breaking below 23,000, Saurabh Mukherjea of Ambit Capital is continuing to stick with his 22,000 call but says the occurrence of three events will make him call a likely bottom to the market.
Indian shares are likely to start in the green despite another sell-off in Asian markets, even as a rally in crude prices is likely to lend support to equities.
The Indian market has been caught in a global storm that has engulfed equities but seasoned analysts are advising that investors should stay the course and not jump out of stocks.
Indian shares will likely be off to a weak start after negative sentiment appears to have again engulfed risk assets.
Bank stocks have taken it on the chin recently, thanks to the ballooning NPA problem. But the bankruptcy law is set to shake up things, says Dipen Sheth.
Markets world over were being overtly complacent about the Chinese slowdown risk and even the path from hereon looks bumpier than what the Chinese government is portraying, according to ace economist Kenneth Rogoff.
In an interview with CNBC-TV18, Mark Galasiewski of Elliott Wave said the Nifty has been in a declining trend channel that shown up as a triple zigzag correction, separated by two bear market rallies. This, he said, was a sign that a reversal was on the cards.
Global equity markets are off to a bad start to 2016 largely because oil's dramatic fall is confusing investors, Goldman Sachs President and COO Gary Cohn said Thursday.
US stocks traded more than 2 percent lower Wednesday as further decline in oil prices pressured global equities.
Chinese equities today cracked again following two months of relatively stable movement, losing over 3 percent in trade.
Mutual fund managers continued their shopping spree in September, net buying shares worth close to Rs 8,700 crore amid sluggish equity market trends.
The Federal Reserve held interest rates near zero on Thursday, raising questions over how it will ever manage to lift them off the floor and how effectively it will communicate plans to do so.
As the Federal Open Market Committee (FOMC) meeting ends in a few hours, it will announce whether it has decided to up short-term rates, denoted by the Federal funds rate, a decision it last took in 2006.
India has built multiple layers of defence to deal with a possible US Federal Reserve's first hike in interest rates in nine years, and RBI is very well prepared to deal with its impact, the Finance Ministry said today.
Wall Street was little changed in early trading on Thursday, with investors reluctant to trade aggressively ahead of the Federal Reserve's interest rate decision later in the day.
For the economy specifically, history offers little guide about timing. A recession has come as quickly as 11 months after the first rate hike and as long as 86 months.