Year Ender 2016 News

Property market was the economy's underbelly this year and demonetisation towards the fag end only made it more isolated. But things might change in 2017 as builders are pinning their hopes on lower interest rate and transparency for the sector to come back to life.  

Companies are hopeful that 2017 will ring in good news and sales will return to healthy growth clip like that seen in the previous year.

The local unit touched a low of 68.90 (intra-day) in November before recovering to end at 67.74 on December 26, 2016, as against its close of 66.15 last year-end, a net loss of 2.40 percent.

Gold and silver have yielded returns of 26 percent and 45 percent, respectively, since the start of this calendar year before backing down.

Good rains and a growth-oriented budget laid the perfect pitch for a dream run for stocks, but that was not to be as the market got a scare after heavy capital pullout by FIIs in the concluding two months of 2016.

We have tried to highlight how the year 2016 has turned out for our very own Bhaijaan.

The agriculture sector is all set to bounce back leaving two years of drought behind and may well pull off record foodgrain output of 270 million tonnes in 2016-17 on good rains, but farmers' woes may continue due to adverse impact of notes ban and low sales realisation.  

On 2 September 2016, Samsung suspended sales of the Galaxy Note 7 and announced a voluntary recall (referred to as a "product exchange program"), after it was found that a manufacturing defect in the phones' batteries had caused some of them to generate excessive heat, resulting in fires and explosions.

With 2015 ending in the nations of the world putting up a united front against climate change in Paris, the entire course of 2016 was all about making the world aware of its devastating effects, while also initiating their respective strategies to reduce carbon footprints.

Helped by growing interest from retail investors and aggressive buying of stocks, mutual fund industry grew at a rapid pace in 2016 with addition of almost Rs 4 lakh crore, or 28 percent, to its asset base and is looking to cross Rs 20-trillion mark in the new year.

Awarded for 'the Greatest Benefit to Mankind,' the Nobel Prize is an international award administered by the Nobel Foundation in Stockholm, Sweden, and based on the fortune of Alfred Nobel, Swedish inventor and entrepreneur.

The government had in January 2016 had set up the high-powered panel to process the recommendations of the 7th Pay Commission which will have bearing on the remuneration of nearly 50 lakh central government employees and 58 lakh pensioners.

The Indian auto industry is yet again looking forward to a new year with renewed optimism amid challenges of new regulations after a bumpy ride in 2016.

In early March, liquor baron Vijay Mallya, facing probe amid continuing efforts by banks to recover dues totalling over Rs 9,000 crore of unpaid loans and interest from him, managed to leave the country in spite of a look-out notice against him by CBI.

Today, let's a take look at who all hogged the limelight for their relationships biting the dust in 2016:

Assembly elections are still many months away but nonetheless, incumbent Gujarat CM Vijay Rupani has the arduous task of getting the BJP back on track