IDS-2 and raids to uncover black money stash keep receipts flowing
Nearly 1,500 akansha petis (boxes of aspirations) have been placed in colleges for students to reveal what they expect from a BJP government. While demonetisation figured high in villages, BJP strategist Siddharth Sikka says city youth were "more concerned" about law and order and sanitation.
If the new regime is introduced in 2017, the govt may lose out on cess, surcharge
The government shouldn't hide behind the veil of making a domestic giant out of the HPC-ONGC deal, rather it should just say it needs cash from this divestment exercise, says Sudhir Bisht.
Markets extended losses to end 1.5% down on Tuesday, amid weak global cues, after investors turned cautious ahead of key economic data and booked profits in rate sensitive shares while the further fall in the rupee continued to weigh on investor sent.
"Those who ruled for decades since Independence believed Dispur was too distant from Delhi. 'Dilli ab door nahi aapke darwaaze par hai' (Delhi is not far now, it stands at your doorstep," he told a massive gathering.
Sensex hit a record high of 27,225.85 and Nifty hit a record high of 8,141.90 in the intra-day trades today.
These have been selected based on the earnings growth prospects and favourable (buy) ratings by brokerages
Economic reforms seem to be on a slow train, while good old fiscal populism is alive and flourishing.
The finance ministry on Tuesday cited "green shoots" of recovery in agriculture, manufacturing and services sectors, and said the prompt policy measures taken by the government and RBI have helped reinvigorate the economy with minimal damage. Stating that the agricultural sector remains the foundation of the Indian economy, the ministry said that a normal monsoon, as has been forecast, should support the rebooting of economy.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
The Union Budget on Monday evoked contrasting responses in the political arena with the ruling Bharatiya Janata Party hailing it as a vision for an 'Aatmanirbhar Bharat' and the Opposition describing it as a 'let down like never before' that was meant to 'deceive' people.
India and the US had on July 17 signed a preliminary agreement for cooperating on emergency crude oil reserves, including the possibility of India storing oil in the US emergency stockpile.
Pharma shares extended losses after the government's ban on combination drugs.
Noting that oil prices had gone down after the BJP-led government came to power in May 2014, before they went up, Prasad said it is a problem whose solution is not in its hands.
BSE Midcap index outperformed the benchmark indices to end with 0.4% gains.
The sharp fall in oil price is positive for oil marketers as subsidy concerns reduce further.
Many believe that marketing budgets could be a hurdle.
India Inc will report good set of numbers in Q4.
Moving from pricing control to a free market means stiff competition.
He also asserted that ease of living and ease of doing business were behind the spirit of the work being done under the Central Vista project.
The staggered increase in kerosene rate may not have the same impact of freeing up the fuel price as for diesel.
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