Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The government has merged the Department of Public Enterprises (DPE) with the finance ministry to give it a better control over state-owned firms and facilitate its ambitious privatisation programme. Finance ministry will now have six departments while DPE's hereto parent ministry, the ministry of heavy industries and public enterprises will now be called the ministry of heavy industries. Previously, the disinvestment ministry - created under the Atal Bihari Vajpayee government - was merged with the finance ministry and is now a department under it. Also, Foreign Investment Promotion Board (FIPB) was abolished and administration of foreign investments was given to the finance ministry (FinMin).
Stock markets are expected to remain under pressure this week due to the overhang of US presidential polls and uncertainty over global growth due to resurging cases of coronavirus, according to analysts.
Around 75 per cent, or 372 stocks, that are part of the BSE500 are trading at least 10 per cent below their all-time high levels, despite the index hitting a record high 20,515 points on the BSE in intra-day trade on Wednesday, surpassing its previous high of 20,390 touched in March 12. The index, which accounts for 93 per cent of BSE listed companies' market capitalisation, has gained 8 per cent from its recent low of 18,983, touched on April 19. In comparison, the benchmark S&P BSE Sensex gained 6 per cent over the same period, but is still nearly 4.5 per cent away from its all-time high of 52,517 that it hit on February 16.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Do you have a favourite street food in Mumbai? Tell us about it!
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Christmas was celebrated across the country on Saturday, but the festivities were low-key for the second year in a row due to Covid, with churches and other events witnessing lower footfalls, people avoiding large get-togethers and the administration in some areas imposing certain curbs.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Devotees who have taken the anti-Covid vaccination will have to show their certificates and follow the anti-Covid guidelines like wearing masks, maintaining social distancing and frequently undertaking hand sanitization in the Kumbh Kshetra.
'I love beaches and hence I love my swimsuits.'
The meeting of the Left parties comes in the wake of the letter written to them by UPA Chairperson Sonia Gandhi, conveying the government's decision that the BHEL disinvestment has been kept in abeyance.
The current up move, according to analysts, closely resembles the rally post the global financial crisis in 2008-09, not just in quantum and speed, but also the way small-and mid-cap indices outperformed large-cap peers.
Bharat Heavy Electricals Limited (Bhel) expects exports to constitute 15 per cent of its turnover for 2007, company chairman and managing director T G Ramachandran said Monday.
According to government data, the Centre procured only 35,179 ventilators out of the 50,000 originally ordered.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
All brides-to-be out there, say goodbye to singlehood in style just like the future Mrs Jonas.
Govt seems to bullish to meet its disinvestment target in current fiscal.
The prime minister should trifurcate the IAS, recommends T C A Srinivasa-Raghavan.
When Hitesh Harisinghani and Jahnavi Patel hit the streets of Mumbai after Modi's demonitisation announcement, here's what they found.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
From 5G to Tesla to Covid vaccine, 10 things will shape India's future.
State owned banks SBI and PNB were the top Nifty gainers along with ICICI Bank and auto shares.
Analysts attribute the surge to a host of factors, particularly the interest shown by the retail investors in these two market segments.
IT, FMCG and manufacturing sectors are less attractive to foreign portfolio investors
To tide over recurring power shortage, the Uttar Pradesh government is in the process of setting up new power projects in the state while carrying out renovations on existing projects.
IIT-Madras on Monday signed an agreement with Bharat Heavy Electricals Ltd for joint research in design of boilers and other engineering areas, even as it said its Rs 100-crore (Rs 1 billion) Research Park would be ready by February 2007.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Committed to keep fiscal deficit under check, Prime Minister Manmohan Singh has convened a high-level meeting on Tuesday to push forward the disinvestment programme with a view to achieve the budgetary target of Rs 40,000 crore (Rs 400 billion) in the current fiscal.
The NSE Nifty closed at 3,679, up 70 points.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
At present, Indian indices are under-performing as compared to others and a package from the government can help cover the ground.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
In an attempt to find a lasting solution for the troubled $2.9 billion Dabhol Power Project, GE said on Monday it was joining hands with NTPC and BHEL to restart it.
While seven companies bagged orders worth Rs 42,000 crore, industry experts said most of this new order activity was a spillover, and fresh project finalisation remains weak.
TCS created wealth worth Rs 3,458 billion for the period 2010-15.
Coal India moved higher by over 3% to Rs 263, despite of weak April-June (Q1FY14) results, on expectation of earnings improvement by going forward.
