The added burden on manufacturers for recycling e-waste is expected to impact their margins, which may further lead them towards hiking prices of other items.
ONGC was the top loser in the Sensex pack, shedding around 5 per cent, followed by SBI, Axis Bank, ICICI Bank, Bajaj Auto and Maruti. On the other hand, IndusInd Bank, HUL, Dr Reddy's, NTPC and Reliance Industries were among the gainers.
Gilgit Baltistan's large frontage with Kashmir and Ladakh across Kargil and the Siachen Glacier gives Pakistan and China the perceived scope for conduct of collusive operations against India and wrest control of the major course of the Indus and Shyok, observes Lieutenant General Syed Ata Hasnain (retd).
Janhvi, Sara workout together... Ayushmann celebrates nine years of Vicky Donor...
Of these 26, Bajaj Finance, Associated Alcohols and Breweries, Garware Technologies, Filatex India, Tasty Bite Eatables, Aarti Industries and GMM Pfaudler saw an over 10-fold surge in price since 2014.
While she primed up spending on infrastructure to create jobs and boost economic activity, Sitharaman did not tinker with income tax slabs or tax rates. Her Budget for the fiscal year beginning April 2022 proposed a massive 35 per cent jump in capital expenditure to Rs 7.5 lakh crore, coupled with rationalisation of customs duty, an extension of time for setting up new manufacturing companies and plans for starting a digital currency and tax crypto assets.
Alvarez & Marsal will develop a detailed restructuring plan for the group to demonstrate to shareholders and lenders that it was self-sufficient in repaying its liabilities. So far, the IL&FS management had been working on its revival plan.
Fresh investments by corporates up just 5.8% in FY17, lowest since 1992
Business failures rise when growth declines. When Indian growth slowed in the last decade, defaults increased. This is the normal working of the market economy, points out Ajay Shah.
Though most analysts expect the global central banks to keep the liquidity tap open, valuations of Indian markets, they say, are beginning to look stretched. Against this backdrop, they remain cautious, with some even expecting a minor correction from here on.
The PM will meet President Donald Trump face-to-face for the first time at the White House on Monday. "I think that the US really appreciates India, and I think that President Trump realises that India has been a force for good in the world and that it's a relationship that's important. And I think that will come through in the visit on Monday," the official said.
Prime Minister Modi felt there were too many silos with no arrangement to take a comprehensive view on national security. The PM has entrusted NSA Ajit Doval to evolve a comprehensive roadmap and get it implemented, reveals Nitin Gokhale, Editor-in-Chief, Strategic News International.
After 3 weeks of consecutive rally, this week was a breather for the index, which corrected by almost 1.5%.
Companies need to provide 90-95 per cent of what Europe, US, Japan, Korea may give and for that, you have to spend this kind of money: Pawan Goenka.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
At present, in Myanmar, GAIL and IndianOil have a minority stake in a gas pipeline which goes to China, through South East Asia Gas Pipeline Company.
The retail inflation rate breached the 6 per cent upper tolerance limit of the RBI for the first time in seven months in January, while the wholesale price index stayed in double-digits for the 10th month in a row, showed two sets of data released by the government on Monday. Retail inflation, the key input for the RBI while reviewing the repo rate every two months, soared during the month mainly because of a spike in certain food items. The previous high for retail inflation was 6.26 per cent in June 2021.
While analysts remains overweight on financials, property, discretionary, industrials and materials, they maintain a neutral stance on pharma, telecom and energy; and underweight on staples, utilities, and IT services.
'Decisions on nuclear power have so far been taken by a small select group, primarily interested in profiteering from their actions, stating 'secrecy' as necessary from the national security point.' 'This argument is false, because we are dealing with the 'civilian' nuclear power sector, which is open even to the IAEA,' says Dr A Gopalakrishnan, former chairman of the Atomic Energy Regulatory Board.
Companies write off investments, shed assets as initial projections go haywire
Nifty snaps 10-day winning streak
'During the making of the film, he (Rishi Kapoor) kept fighting with Ayan and me.' 'Who takes so long to make a film? Who spends so much money?' 'Ranbir, you are not making a penny on this film. Who will watch a VFX film in the country?'
India's decision to skip the meeting came after a year of bilateral discord over China's stubborn opposition to India's entry into the Nuclear Suppliers' Group and a UN ban against Pakistan-based terrorist group Jaish-e-Mohammed leader Masood Azhar.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Brokerages expect revenue growth at a 7-quarter high but profitability may disappoint.
V Vaidyanathan, former executive director at ICICI Bank who turned entrepreneur to run Capital First, an NBFC that caters to smaller businesses, tells Pavan Lall in an exclusive interview that his new entity post the merger of Capital First and IDFC Bank which will be called IDFC First will launch by January and cater to a new India with value services.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The projects coming up in Bihar, Jharkhand and Odisha will together add 16,000 MW capacity to country's power generation.
Wondering if mutual fund investments can help you make you enough money for your retirement and child's marriage? Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'Is it advisable to have more number of scrips in small quantities or a few scrips in big quantities?'
Other shortlisted chief executives include Abdulrahman Ali Al-Abdulla of Muntajat, Peabody Energy's Gregory Boyce, Pailin Chuchottaworn of PTT Public Company Ltd, Repsol's Antonio Brufau and Ian Taylor of Vitol.
An EV has to be purchased along with the battery as there are hardly any battery swapping, rental, or leasing business models available across India.
After Air India, Britain's Cairn Energy PLC plans to target assets of state-owned firms and banks in countries from the US to Singapore as it looks to ramp up efforts to recover the amount due from the Indian government after winning an arbitration against levy of retrospective taxes. A lawyer representing the company said Cairn will bring lawsuits in several countries to make state-owned firms liable to pay the $1.2 billion plus interest and penalties that are due from the Indian government. Last month, Cairn brought a lawsuit in the US District Court for the Southern District of New York pleading that Air India is controlled by the Indian government so much that they are 'alter egos' and the airline should be held liable for the arbitration award.
The market breadth, indicating the overall health of the market was strong
The $306-million investment in Ola Electric Mobility by SoftBank Corp, Arun Sarin Family, Ratan Tata and Matrix has been the biggest funding in this space in value terms this year.
Smart Cities can be a success depending on the basic amenities it manages to provide citizens.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
India's human development indicators show that deprivation extends well beyond the 22 per cent of population who live below the official poverty line.
His relations with the BCCI having reached its lowest ebb, it can be safely concluded that Virat Kohli has 'retired hurt'.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
