At the pre-Budget meeting at Niti Aayog, Modi called for a focussed effort from all stakeholders in order to achieve the target of $5 trillion economy. The participants urged the government to focus on credit expansion, exports growth, governance of PSBs, increasing consumption and job creation.
Franklin Templeton has won the mutual fund of the year award instituted by CNBC-TV18 and rating agency CRISIL.
What stocks will gain from a normal monsoon?
The earnings are, however, expected to be down around 2 per cent on a sequential basis due to pent-up demand getting exhausted and the adverse impact of rising metals and energy prices on consumer goods and manufacturing companies.
India's telecom services would continue to record a strong growth with teledensity more than doubling to 18 per cent in the next five years
The country's narrowing power deficit and increased coal production may not be indicators of the end of stress in the industry. Amritha Pillay reports.
Global market regulators are keen to have a close look at a model for assessing corporate governance, developed for the first time by Securities and Exchange Board of India.
Investment in national highways would double to Rs 66,000 crore (Rs 660 billion) over the next five years, as compared to the past half-decade, according to a forecast by a research firm.
Gokarn was the first Indian central banker who regularised warnings to the government, through the monetary policy statement, on the need to reduce fiscal deficit.
In the manufacturing sector, output is expected to decline by about 70 per cent as only food-processing, and drugs and pharma industries are allowed to operate while other segments, such as engineering and metals, have shut operations.
The country's 44 fund houses together garnered an average Asset Under Management) of Rs 9.04 lakh crore (Rs 9.04 trillion) during the January-March quarter of 2013-14, up from Rs 8.76 lakh crore (Rs 8.76 trillion) in the previous three-month period, Crisil said attributing the data to the Association of Mutual Funds in India.
Fitch expected inventory turnover to improve on a sector-wide basis.
The asset size of Indian mutual funds have grown by about 200 per cent from Rs 47,000 crore (Rs 470 billion) in March 1993 to Rs 1,40,000 crore (Rs 1,400 billion) in December 2003.
The fast-growing housing finance market will require incremental funds to the tune of Rs 140,000 crore (Rs 1,400 billion) over the next five years.
With infrastructure claiming a larger share, movement and distribution of cement is bound to change.
Significant portion of the funds used to fuel urban demand have become illegal and inoperative.
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After RBI's missive on proxy lending to builders, it's time to reshuffle.
Goa, Uttarakhand and Meghalaya will initiate schemes to enable 24x7 power to consumers.
Analysts on Wednesday welcomed the Reserve Bank's decision to grant bank licences to Bandhan and IDFC, but expressed dismay that only two of the over two dozen aspirants made the cut.
According to a report by rating and research agency CRISIL, it now takes six years to recover the premium-between Rs 100,000 on small cars and Rs 300,000 on luxury sedans-paid for diesel variants.
As a result of the mass state-led scheme, the processes in the health insurance market could get simplified over time and become uniform
Low growth visibility and trouble with regulators have resulted in lack of interest from investors
Bharti Airtel called the prices exorbitant while Vodafone Idea wants the auctions take place in 2020. The auctions need to happen when the infrastructure is ready for the roll out, be it in terms of fiberisation levels, or optimisation of equipment and software etc. Spending a hefty amount on a technology (airwaves) that at present offers limited returns is not going to be a priority for the incumbent telcos.
Demonetisation is the biggest reason for the rise in preference for small savings.
Lock into these long-term bonds for higher interest rates and capital appreciation
India's new passenger car sales are likely to grow at a compounded 9.5 per cent to cross the 900,000-mark in the year to March 2007 due to rising incomes and cheaper finance, a research report said.
The proposed annual quota for Indian companies could be between 10 and 15 per cent. Currently, there are no country-specific limits on H-1B allotment.
Credit profiles have turned healthier from a year ago
PM's announcement were focused on those most affected by the note ban.
Overall, small savings have amassed Rs 1.17 trillion from April-September - 26 per cent more than the previous year. But in those six months, the economy lost 24 per cent in the first three months, and is slated to lose 10 per cent in the second quarter.
Crops including fruit, vegetables account for 60% of GDP in agriculture, forestry, fishing sector.
A freely convertible country must have sound macroeconomic policies.
Experts say local demand, government policies in retail and refining sector are attracting foreign players.
Going forward, Vinita Bali, outgoing MD, Britannia wants to do other things in life which she was unable to pursue.
CRISIL chief economist D K Joshi is of the opinion that GDP is an indicator of the health of the economy.
For banks, the package will limit the burden of provisioning for stressed loans. Besides, the proposed restructuring package for MSMEs with a credit of up to Rs 25 crore is expected to provide a breather to units from this sector.
