As far as the Indian households are concerned, although the leverage ratio in this basket has multiplied nearly 3 times in the past decade, it is still well below not just developed but also most other developing economies.
The service tax on customised software is a negative for technology companies but it will be passed on to the clients.
Excise duty reductions will help lower prices and stimulate demand for 2&3 wheelers and small cars
With the benchmark BSE Sensex crossing yet another coveted mark, we are hearing more of that ooh-ing and aah-ing that comes from watching things incredible. Incredible it is to watch what cheap money can do to asset prices within a span of few days, weeks and months. Incredible it is to watch by what amount investor wealth has risen per minute or per second. And, incredible it is to know that so many stocks have hit their all time highs at one go.
The P-Note clarifications and re-clarifications brought the markets back to their roaring mood during the latter part of the last week. Further, 'in line' September quarter results also aroused positive sentiment as the Sensex, the most followed stock index in the country, gained nearly 10 per cent week-on-week.
The fact that we are uncomfortable with the BSE Sensex moving up to 19,000 levels and are not particularly jubilant at stocks meeting their three-year target prices at an unusually feverish pace has been adequately cited by us in the past. What we herein wish to explain is the rationale as to why keeping one's serenity at such times, yields favourable results in the longer term.
RBI has reiterated its faith in the Indian economy but it has also put forth some key concerns that have the potential to derail the growth engine.
The rupee rise may halt if interest rates are raised by the US Fed and the European Central Bank, and Indian domestic interest rates are lowered.
Agricultural exports to date have to be undertaken under a quota system. Thus the government till recently was the final and only authority on what the farmer could get for his labours.
Since the start of the year, the RBI has had to contend with rising inflation and increased liquidity in the financial system causing it to raise CRR and repo rate to reign in the excess money.
Here we elucidate the factors one should keep in mind before investing in a software sector company.
The prime minister must get a consensus from his allies to set up a transparent process to channelise the billions of dollars into bettering India's infrastructure.
IDFC believes that for a sustainable 8% annual growth in GDP, Indian roads need to keep pace with a 9% growth.
Y V Reddy, outlined certain key milestones in the Indian economy's growth story and envisioned the future trajectory
Although value investing produces higher average returns than growth investing, this does not occur with much consistency from one investment period to another.
The Budget is full of technical jargon that is pure mumbo jumbo to the uninitiated. Here's a financial glossary of words and phrases linked to the budgetary exercise to help you manoeuvre your way through the maze that is the Budget.