Sensex, Nifty slightly upbeat, midcaps to rule markets this week.
The S&P BSE Sensex closed at 26,190, up by 43 points and Nifty50 settled above 7,950 to end at 7,963, up by 17 points
Naresh Goyal, after being ousted with his wife from the board last week, and with his shareholding halved to 25 per cent, can still make a comeback by partnering a new investor and win back majority control.
Axis Bank emerged as the biggest gainer in the Sensex pack, surging 6.62 per cent, followed by SBI at 5.88 per cent.
UDAN demonstrates that good policy-making can fulfill important public requirements without requiring budgetary support, says MoS for civil aviation Jayant Sinha.
With this, the biggest buyer of Airbus SE A320neo planes seems to be moving away from Pratt & Whitney engines, which have been experiencing glitches. CFM International will deliver the first engine by 2020.
Some have welcomed this shift in the government's stance.
Auto stocks Hero MotoCorp and Mahindra & Mahindra gained 1-2 per cent on the back of strong sales in the month of September.
Assembly elections coming up in November and December could offer a window of opportunity to the government to make GST attractive through rate cuts.
'The large scale and widespread shrinking of the labour force in November, the peaking of unemployment in October and the fall in lead indicators in October and November point towards a worsening of the slowdown of the Indian economy in the third quarter of 2019-20,' says Mahesh Vyas.
It is imperative that the government first decides who should assume ownership of running Air India.
DGCA said there are 13 aircraft in the airline's fleet in which both the PW engines have been used for more than 3,000 hours.
The Indian Railways must opt for a dynamic fare-fixing system and improve its management and marketing techniques.
The Centre is against giving any shock in the first year of the rollout by bringing in new services.
The national carrier's market share has declined from a near-monopoly to 16.6 per cent as of September 2014.
Growth in the eight core sectors jumped to 8.5% in April, due to a sharp pick-up in refinery products and a commensurate rise in electricity generation.
'According to the government's Economic Survey, the Indian state's generosity is not restricted to its poorest citizens. In fact, in many cases, the beneficiaries are disproportionately the well-off.'
The 30-share Sensex ended down 71 points at 26,710 and the 50-share Nifty lost 38 points to close at 8,030.
GST is a landmark reform considering the sweeping changes it brings about in the indirect tax regime in India.
The Rajya Sabha on Wednesday took up the four bills related to the GST, with the Opposition urging the government to insulate taxpayers from harassment and questioning how the new regime was "ideal" when 40 per cent of the revenue base of the GDP was kept out of its purview.
The 30-share Sensex closed down 114 points at 28,622 and the 50-share Nifty ended down 37 points at 8,686.
'I have no problems with the finance ministry or with state governments treating petrol pump prices as the last resort for meeting their ambitious spending targets with very limited revenue resources.' 'But let's do away with this smokescreen of free pricing of petrol and diesel and go back to administered pricing regime,' says Dr Sudhir Bisht.
Domestic airports across the country are bursting at the seams. And new ones are stuck.
It emphasised that agricultural infrastructure needs considerable investments and hence Section 80IA benefits must be extended to all such investments like IT infrastructure, computers, VSAT, solar panels, water harvesting facilities, storage etc.
The CMD's focus on raising employee morale and cutting costs is paying off. The airline's operating losses have shrunk and earnings are looking up
Irrespective of what the future may have in store, the year 2018 has ushered humanity towards an era of next generation technology, demonstrating that there is no looking back in scientific innovations.
With the launch of the first indigenous aircraft today, India will join a club of nations like the United States, Russia, China, the United Kingdom and France that possess nuclear-powered submarines
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