'There is a huge tax differential of 15% to 20% depending on income classification.'
The Transparency International survey found 69 per cent in India as saying they had to pay a bribe, followed by 65 per cent in Vietnam. China was much lower at 26 per cent while the same for Pakistan was 40 per cent.
Setting the stage for the revival of an united front against the BJP, Naidu claimed the mood of the nation was against the BJP-led National Democratic Alliance and soon an alliance would be formed with various regional parties.
Most investors are obsessed with performance. They rarely venture beyond the numbers.
Falling oil prices, gains in index heavyweights like Reliance, HDFC and ONGC and a rebound in technology stocks saw India's stock market barometer Sensex jump 83.84 points or 1.1 per cent to close at 7,271.54.
'He is evil in its most hypnotic, powerful, persuasive, expressive and exonerated avatar,' notes Sukanya Verma.
Pakistan International Airlines, heralded by the Pervez Musharraf government as a major success story, may hit a major air pocket with the Karachi Stock Exchange declaring it a 'defaulter,' a media report has said.
During April-February, industrial output grew at 2.6 per cent compared with a growth of 2.8 per cent in the year-ago period.
The ongoing corporate results and the Union budget are also making participants tread cautiously though the GST agreement provided some relief.
In the Sensex pack, M&M was the biggest loser, tumbling by 6.66 per cent, followed by TCS dropping 4.14 per cent.
The November IIP has been revised upwards to 3.9% from 3.8%.
A widening probe by US authorities involving top drug companies following complaints of price fixing of generics was a point of worry for the participants, said analysts.
The NSE Nifty too ended 58.60 points, or 0.54 per cent, higher at 10,967.30 after shuttling between 10,985.15 and 10,928 during the session.
Car sales went up by an 18 per cent in July 2004 for the fourth consecutive month this fiscal buoyed by Maruti, Hyundai and Tata Motors.
Fund managers have been advising investors not to keep their return expectation higher
Coal India fell the most by 2.58 per cent among Sensex scrips, dragging the index into the negative zone.
For the second year in a row, India has been recognised as the fifth-best performing nation in reforming the business environment. However, in the two categories that the government was banking on most - "Paying Taxes" and "Resolving Insolvency" - landmark reforms that were expected to yield better results have had the opposite effect. Under the circumstances should the country celebrate already or are there any reasons for worry, wonders Subhayan Chakraborty.
The IIP growth was 0.6 per cent as against 1.7 per cent in April last year.
The Sensex, after touching an intra-day high of 6,248 towards the fag end, ended 76 points higher at 6,234. The Nifty closed 19 points higher at 1,959.
Investors were anxious concerned about the uncertainties over the timing of Us Federal Reserve rate hike, US policies under President Donald Trump, the upcoming French election and rising crude price that could impact inflation, going ahead. A weak closing in Asia tracking overnight losses in the US owing to all these unknowns triggered selling, brokers said.
Industrial production grows at 2.1 per cent in March.
Sustained buying by foreign institutional investors and selective buying by local funds pushed a host of stocks to their 52-week highs.
Typically, about four to six weeks ahead of the polls, activity in the property market picks up as politicians begin to pull out their money parked in real estate. But this time, it's all quiet till now in real estate so far.
The message of 'good work' done by the NDA govt must be loud and clear in the run-up to its first anniversary.
Bull liquidation in the derivatives segment has only compounded losses in indices in the cash market, which is already in the throes due to the overall international political clime.
India's industrial output grew a better-than-expected 6.4 per cent in August compared with a downwardly revised 4.1 per cent growth a month ago.
Capital goods output registered a steep decline of 16.5 per cent in June
Weak monsoon rains could have a negative impact on India's automobile sector which is seeing early signs of improvement with the sale of passenger cars and utility vehicles rising in May.
The 30-share barometer remained up throughout and hit a high of 29,070.20, powered by a rally in RIL and other blue-chips. The index ended 215.74 points up, or 0.75 per cent, at 29,048.19 -- its highest closing since March 5, 2015, when it had closed at 29,448.95.
If everyone had decent meaningful jobs, the rally maidans would be largely empty and, save for the Akhara babas and curious foreigners and the devout senior citizens, not very many would spare time for the Kumbh Mela, says Mahesh Vyas.
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