Can Modi 3.0 Ignite Surge in PSU Stocks?

'Those betting against PSUs will likely be punished in this upswing.' Illustration: Dominic Xavier/Rediff.com   Shares of public-sector undertakings (PSUs) should be accumulated at lower......

Why Foreign Financial Firms Quit India

There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu. Photograph: Nick Zieminski/Reuters Among......

Bluechips Drive Markets To $5 Trillion

The top 100 companies have accounted for 63% of the gains (Rs 51 trillion out of Rs 81 trillion), while firms beyond the top 100 have contributed 37 per cent (Rs 30 trillion). Kindly note the......

Wipro Q4 net profit falls; new CEO flags uncertainty in macro environment

IT service company Wipro on Friday reported 7.8 per cent year-on-year decline in its consolidated net profit for the March quarter to about Rs 2834.6 crore, and cautioned that the macroeconomic......

Nadal's withdrawal proves 'lucky' for Nagal

IMAGE: Sumit Nagal advanced to the main draw of the BNP Paribas Open as a 'lucky loser' after Spanish superstar Rafael Nadal withdrew from the event. Photograph: Sumit Nagal/Instagram India's......

Bopanna-Ebden lose in Madrid Open final

IMAGE: Rohan Bopanna and partner Matthew Ebden in action during the Madrid Open doubles final against Andrey Rublev and Karen Khachanov on Saturday. Photographs: Clive Brunskill/Getty Images......

Bopanna-Ebden rally to make Madrid Open final

IMAGE: India's Rohan Bopanna and Australia's Matthew Ebden will vie for their third ATP doubles title this season. Photograph: Kind courtesy SAI Media/Twitter Indian tennis star Rohan Bopanna and......