'The robust tax collections give the finance minister a fair amount of headroom for an expansionary fiscal policy.'
India and China have mostly set aside their bilateral differences in order to champion the cause of developing countries at the World Trade Organisation (WTO). That seems to be changing. During the latest round of China's trade policy review, India questioned its northern neighbour's claim that it was a developing country, since, going by the World Bank's definition, its per capita income belongs to that of an upper middle income country. "As per the per capita income level, the Chinese economy belongs to 'upper-middle income'. "How can China still claim to be a developing country? "What are the indicators which China is using to claim such a status?" India asked.
Bharat Biotech is targeting to manufacture one billion doses of its intra-nasal vaccine in 2022 which is under clinical trials now.
'Antibodies remain in the blood for at least seven to nine months.'
After dropping to a low of Rs 1,298 apiece, the stock finished at Rs 1,380, its lowest level since November 22, the second day of listing.
Domestic mergers and acquisitions transactions led the pack with 32 deals amounting to $5 billion.
From taxation of EPF contributions to new wage code, life won't be the same in FY22.
From real estate to metals, what Sitharaman's Budget has in store.
The Budget kept away from mood dampeners such as an increase in taxes (capital gain taxes) and even the much-feared introduction of Covid cess and wealth taxes, says Nimesh Kampani, chairman, JM Financial.
Finance Minister Nirmala Sitharaman presented her third Budget on February 1.
Many changes are likely in the BJP and government in coming weeks.
Karnataka, Meghalaya, Punjab, Gujarat, Rajasthan, Telangana and Haryana have partially resumed operations.
We followed the highest standard of corporate governance and disclosures, says Nilekani.
Mid and small companies are more generous in rewarding their CEOs as compared to their larger peers.
'We all wanted a strong Centre with a decisive mandate from the people, to allow them to take bold decisions.'
The new government's challenge would be to reverse the tide in FDI, boost manufacturing and come up with an e-commerce policy that is fair to all investors.
Exposure to these funds should not exceed 10% to 15% of the equity portfolio and the investment horizon should be at least seven years.
Investors should take limited exposure in credit risk funds.
On the flipside, since 60-70 per cent of the costs pertain to raw material, which are mostly imported, currency fluctuation is a key risk for the segment.
'We have to find a way out of this confrontational politics.'
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