Growth in manufacturing and non-IT service sector; Bibek Debroy says GST troubles not to settle for at least 10 years; and Sensex dips below 33,000-mark. BusinessToday.In Editor Rajeev Dubey elaborates in The Good, The Bad and The Ugly.

Have markets become more volatile or are they witnessing a minor correction that will bring the stocks down to comfortable valuation levels?

After making record highs in January 2018, the stock markets have entered a bear phase after Union Budget 2018.

While the Sensex closed 113 points lower to 34,082 level, the Nifty fell 21 points to 10,476 level. Banking stocks led the fall with BSE bankex losing 125 points to 29,072 level.

the reverse repo rate under the LAF remains at 5.75 per cent, and the marginal standing facility (MSF) rate and the Bank Rate at 6.25 per cent.

The Reserve Bank of India's Monetary Policy Committee will soon present its last bi-monthly policy review for the current fiscal on Wednesday.

In a bid to curb influence of illicit cash in Indian political system, the Finance Ministry notified the contours of new electoral bonds.

Yesterday, for the third time this year, the US central bank raised interest rates. With this the benchmark lending rate has gone up by 25 basis points (a quarter of a percent) to a target range of 1.25-1.5%.

In an early verdict on the tax overhaul, Fed policymakers judged it would boost the economy next year but leave no lasting impact, with the long-run potential growth rate stalled at 1.8 percent. The White House has frequently said its tax plan would produce annual GDP growth of 3 percent to 4 percent.

The equity market may have robbed it of its sheen, but several factors may spur investments into gold and gold stocks.

The Reserve Bank of India (RBI) is now expected to hold the rates at its fifth bi-monthly monetary policy statement on Wednesday. Is India inching towards monetary tightening cycle?  

According to Goldman Sachs, improving US economy with falling unemployment rate will lead US Fed to raise interest rates 4 times in 2018.

Investors had all but ruled out a rate hike at the central bank's policy meeting this week and attention has largely been focused on who will be in charge of monetary policy at the end of Fed Chair Janet Yellen's first term in February 2018.

While the Sensex fell 0.08 percent or 27 points to 33,573 level, the Nifty fell 16.70 points or 0.16 percent to 10,423 level. The S&P BSE healthcare index rose 2.48 percent or 353.24 points at 14,611 level after other pharma stocks rose due to positive sentiment emanating from the Divi's Laboratories development.