GAMES-TOURISM Tourism industry asked to cash on C'Wealth Games New Delhi, Aug 19 (PTI) With over one lakh foreigners expected to throng the city during Commonwealth Games, tourism industry must gear up to reap the benefits, Tourism Minister Kumari Selja said today.
In January, India allowed fuel retailers to raise the price of subsidised diesel every month and asked bulk buyers to pay market rates.
An elite athlete field of 40 of the world's top 100 long distance runners for the Standard Chartered Mumbai Marathon.
Infosys announced 11 January, 2008 as the date for its Q3 results release
The Budget will be presented in the first week of July, Finance Minister Pranab Mukherjee said.
The chief of the country's second largest public-sector lender said interest rates should fall as and when inflation eases, but pointed out the need to lower deposit rates first.
Finance Minister P Chidambaram is expected to extend a relief package for leather and textile exporters, who are hit by the rupee appreciation, as demanded by the commerce ministry.
A Bangalore company now offers to pay users to receive SMS advertisements.
The government ban on external commercial borrowing, or ECBs, for integrated townships has shut off a staggering $12 billion that was to be raised for integrated townships, reports CNBC-TV18.
Empowered committee of state finance ministers on value-added tax has sought to allay fears of traders that the new tax system will lead to increase in prices, stating that the worldwide experience did not support this apprehension.
Aditya Mittal, the son of LN Mittal, the family that pulled off the audacious Arcelor acquisition just last year proves that a businessman of Indian origin can actually rule the world.
How are hedge funds viewing India currently and what is their strategy for markets here right now? \n\n
In an exclusive CNBC-TV18 interview, emerging market guru and CIO of Templeton Asset Management, Mark Mobius, gives his take on emerging markets.
Sunil Kashyap, MD, Scotia Mocatta, believes that the downside in gold prices is seen limited to $550 levels.
Raamdeo Agarwal of Motilal Oswal Securities believes that the current market valuations are fair. He feels that the market is still buoyant and the sentiment will remain positive.
Mutual Funds added more than 7 lakh investors into equity schemes in August. Despite this, redemptions out-weighed investments in equity funds.
OPEC members are meeting at Vienna on Monday. Jason Feer of Argus Media thinks that the fear as to how far the oil prices could drop would be uppermost on the minds of the ministers meeting in Vienna.
Market is in an uptrend and there are no signs of exhaustion
usiness with British Telecom will grow, but the proportion will come down
On the fundamental side I could see prices continuing to dip
Deccan Gold Mines is a speculative pick in the gold mining sector
Richard Lucas, renewable energy analyst at Ambrian Partners, says that as oil prices shot up, speculators got very excited about sugar, which drove the price up beyond what it should have gone to, but the long-term view of sugar is very positive.
Brad Durham, Managing Director of Emerging Portfolio Fund Research, EPFR, says that Emerging Market, EM, funds have seen inflows of $450 million last week.\n
Sandeep Dasgupta of Deutsche Bank believes that Bank of Japan's rate stance has been along expected lines. Dasgupta does not expect Bank of Japan to up rates before Q4CY06, early 2007.\n
Investment advisor S P Tulsian and Shahina Mukadam (of IDBI Capital Market) pick out the winners and losers, based on Q1 results of companies.
CFO of Marico Industries Milind Sarwate believes that the FMCG sector has emerged out of the rut that it was in until a few years ago.
India is not overvalued at current levels
Investment Advisor, PN Vijay believes that is enjoying the high margins, which refining industries are getting all over the world but going forward, investors will be looking at Reliance's retail foray.
Jigar Shah of KR Choksey Securities says that Reliance Industries' results are by and large as per expectations, except the fact that the other income has gone down and there is an increase in both depreciation and tax.
Raamdeo Agrawal of Motilal Oswal Securities believes that the market is fairly valued at the moment. He does not expect any slowdown in corporate earnings for FY06-07.
Steel prices will decline on account of capacity addition
The company's revenues are seen to cross $1 billion in three years time
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