As a model of transport, the A380 strikes a parallel -- a shared fragility -- with giant container ships, observes Shyam G Menon.
Of the three major Budget announcements related to the banking sector, privatisation of PSBs is the most audacious, says Tamal Bandyopadhyay.
Are we seeing a replay of March 2000? What are the similarities and differences and how worried should we be, asks Akash Prakash.
The good news for PepsiCo is that the foods segment has normalised much faster to pre-pandemic levels than beverages.
Pawar will be accompanied by Communist Party of India-Marxist leader Sitaram Yechury, Communist Party of India leader D Raja and Dravida Munnetra Kazhagam MP T R Baalu.
While the new norms are part of the draft policy's guidelines to fight counterfeit and fake products on platforms, they might end up helping brands and e-commerce firms sign exclusive sale deals.
A good monsoon would translate into demand pickup across multiple sectors.
'The big power struggle in faraway Europe erupted at a most critical juncture when India has been increasingly sceptical about American policies and statesmanship,' argues Ambassador M K Bhadrakumar.
'A bold, progressive step forward,' Kotak Mahindra Bank CEO Uday Kotak said of Nirmala Sitharaman's corporate tax breaks.
The moral: If you do not know the rules of the game, Dalal Street can be an expensive place to learn them.
If IOC is not allowed to run its own affairs, then we can see it close down in the next 10 to 15 years, warns Sudhir Bisht.
The sad truth is that the debt-to-GDP ratio will shoot up close to 90 per cent in the coming year, and the fiscal deficit glide path does not promise to reduce it substantially any time soon, predicts Mihir S Sharma.
The worst may perhaps be over for these stocks, suggests Sanjay Kumar Singh.
In New Delhi's corridors of power, debate continues on whether the navy even needs a third aircraft carrier.
US auto and industrial component major Timken Company on Thursday said it was looking at setting up a manufacturing facility in India
While the UK will possibly go into recession, the bigger fear is copycat referendums from other EU nations.
Easy dollar liquidity created by the Fed has helped push global commodity prices, setting off a global inflationary spiral and rising inflation expectations in the US.
The annual earnings of a non-executive chairman of a PSB is capped at Rs 10 lakh, inclusive of fees for attending board meetings. This is way below the compensation of the chairman of any private bank, reveals Tamal Bandyopadhyay.
'With just 2.4 per cent of global landmass, India houses six to eight per cent of planetary biodiversity and hence is a prime target of wildlife criminals.'
The consumer affairs ministry has assured the pepper and jeera traders that it would look into their demands.
This may leave those not opting for any of the two options offered by the Centre before the GST Council meet scheduled for October 5 in the lurch. It is clear from the present situation that these states will have to wait till June 2022 to get their compensation, subject to the council extending the cess collection period beyond June 30, 2022.
Unlike the race to buy airwaves by telecom companies, airports by infrastructure companies and city gas networks by energy companies, the race to develop super apps by consumer-facing companies in India has not brushed up against any regulatory issues. Officials at the ministry of electronics and information technology and at other regulators are happy they do not have to meddle in who among the Tata group, Reliance Industries Ltd, Flipkart or Paytm will manage to build an app that sweeps in customers. Unlike separate apps a customer uses on her mobile to order groceries, buy food or airline tickets or just make payments, a super app can perform all these functions.
Congress leader Rahul Gandhi on Wednesday slammed the government over the rising price of domestic cooking gas, diesel and petrol, and alleged that an amount of Rs 23 lakh crore has been earned by increasing prices of these commodities in the last seven years.
Three million tonnes of buffer stock, where the government bears the interest and insurance cost, was announced by the Centre only for a year and that period is ending in June.
In a bear market, prices may be irrationally depressed. In that case, an investor can identify mis-pricing, invest with a safety margin and wait. Since values are low, the risk is also low.
'Banking is a business of trust.'
Time to take profits and move to the sidelines in an euphoria, says Sonali Ranade
Morgan Stanley removed banking stocks from its model portfolio when it slashed its weighting on the sector by 500 basis points. Several foreign brokerages, such as UBS, JP Morgan, and Credit Suisse, of late, have also become less optimistic about banking stocks.
All sectoral indices on the BSE and NSE ended in the red, led by realty, banking, metal, pharma, pharma and financial stocks.
One of Apple's suppliers, Salcomp, will invest Rs 2,000 crore over the next five years to make components at a Nokia plant in Chennai. The facility, which has been closed for nearly 10 years, will be revived and made operational from March 2020.
Keki Mistry, bottom, left, vice-chairman, Housing Development Finance Corporation (HDFC), tells Joydeep Ghosh that debt fund investors could become risk-averse, leading to problems for other non-banking financial companies.
The sculptor who made the bronze Big Bull for the BSE rubbishes reports of it being a bad omen. He is however fine with shifting of the bull to meet popular demand.
Indian automobile units are employing more and more robots to improve your car's efficiency. India is catching up well as world over, the latest technologies is redefining outdated manufacturing processes.
And thanks to its equity with the consumers, Cadbury's won back consumer confidence.
One Chinaman is three time more productive than an Indian at the workplace through his life, observes Virender Kapoor.
'The government till now said that we did not want a meeting, now that we have specifically told them when, where and what of the meeting, there is no response from them'
Senior policymakers say it is a tough task and the finance ministry may resort to the time-tested method of carrying forward part of the subsidy payment burden to the next fiscal year.
'If India can only grow at 5%, why bother spending time on the country?' asks Akash Prakash.
'Fear psychosis has gripped the entire world.' 'Nobody is going to enter shops freely in the next 5, 6 months.' 'Secondly, the priority has changed.' 'Now that they have seen the bottom of the economy, people will prefer to save for tomorrow.'
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