At 9:15 AM, the S&P BSE Sensex is trading at 25,413 down 348 points, while NSE Nifty is trading at 7,783 down 101 points.
At 9:15 AM, the S&P BSE Sensex is trading at 25,413 down 348 points, while NSE Nifty is trading at 7,783 down 101 points.
US stock indices advanced on Tuesday, with the Dow and the S&P 500 logging their best one-day percentage gains in two months. Kotak Mahindra Bank, Apollo Tyres, Asian Paints, Havells India, Oriental Bank Of Commerce and Indian Bank are among the results scheduled for the day.
Reserve Bank of India (RBI) Governor Raghuram Rajan said on Tuesday that he had doubts that "helicopter money" would be successful if adopted by developed world central banks.
Helicopter money refers to the free cash given directly to people to spend and stimulate economic growth. Rajan said that the effectiveness of helicopter money was far from proven. "It is not absolutely clear that throwing the money out of the window, or targeted cheques to beneficiaries...will be politically feasible in many countries, or produce economically the desired effect," he said during a lecture at the London School of Economics (LSE) on Tuesday.
The Bharatiya Janata Party (BJP) led government in Maharashtra will launch infrastructure projects worth INR 1 lakh crore (US$15 billion) during the next one year, reports a business daily.
The Government's ambitious port expansion plan is likely to face hurdles, as domestic dredging companies are finding it tough to raise funds, reports a business daily.
At 9:15 AM, the S&P BSE Sensex is trading at 25,413 down 348 points, while NSE Nifty is trading at 7,783 down 101 points.US stock indices advanced on Tuesday, with the Dow and the S&P 500 logging their best one-day percentage gains in two months. Kotak Mahindra Bank, Apollo Tyres, Asian Paints, Havells India, Oriental Bank Of Commerce and Indian Bank are among the results scheduled for the day.
Reserve Bank of India (RBI) Governor Raghuram Rajan said on Tuesday that he had doubts that "helicopter money" would be successful if adopted by developed world central banks.
Helicopter money refers to the free cash given directly to people to spend and stimulate economic growth. Rajan said that the effectiveness of helicopter money was far from proven. "It is not absolutely clear that throwing the money out of the window, or targeted cheques to beneficiaries...will be politically feasible in many countries, or produce economically the desired effect," he said during a lecture at the London School of Economics (LSE) on Tuesday.
The Bharatiya Janata Party (BJP) led government in Maharashtra will launch infrastructure projects worth INR 1 lakh crore (US$15 billion) during the next one year, reports a business daily.
The Government's ambitious port expansion plan is likely to face hurdles, as domestic dredging companies are finding it tough to raise funds, reports a business daily.
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