'In terms of growth rate, India is better than China.'
Celerio's 793-cc diesel engine is the smallest in the market.
In a bid to make primary markets more efficient, the Securities and Exchange Board of India on Saturday said listing time gap would be reduced further from 6 days after the IPO currently, while listing will be allowed for security receipts issued by asset reconstruction company.
Though most experts remain bullish on the banking space, they suggest investors buy only those banks whose NPAs are at a manageable level of 3% to 4% and there is credit growth or earnings visibility.
Once heavily dependent on the cigarettes segment, corporate behemoth ITC has diversified over the past two decades into many businesses that now generates 58 per cent of its revenue. Sanjiv Puri, chief executive officer, ITC, shares his plans with Arnab Dutta.
'Now is the time for India to course correct and for the government also to course correct,' says businessman Mangesh Khatri.
'India has the potential to reduce its trade deficit with China by $8.4 billion in FY21.'
Pollution is not merely the price to be paid for growth; it is also a drag on the same growth.
Bold reforms and prudent monetary and fiscal policies by the incoming Narendra Modi government will help the economy to grow at 6.5-7 percent, says a report.
In the global context, the country "stands out" in terms of relatively stronger growth and improved economic fundamentals, Raghuram Rajan said.
Bilateral investment flows have grown immensely with foreign direct investment into India from the US reaching $28.2 billion last year.
Experts say investors need not tinker with their debt portfolio as shifting won't be tax-efficient.
If a couple is registered as joint owners of a property, the tax authorities expect both of them to show their income or capital gains from the house in their tax returns, says Arvind Rao, a chartered account and certified financial planner
Commercial banks have not yet reduced their lending rates.
'India is growing at the lowest rate in the last decade.' 'If it continues in that path then the jobs and prosperity that has been promised by this government and on the basis of which it was voted in, will continue to elude us,' says Aakar Patel.
'It is time to allow the rupee to move towards its true value, as it is hurting Indian exports, investment and SMEs associated with export sectors that create jobs,' argues Pravakar Sahoo.
Modi govt has a unique style of working, say experts.
Global expansion to drive the company's fortunes
The Sensex closed the day at 28,141, up 486 points, while Nifty50 settled at 8,716, up 155 points.
'The expectation was that Modi would become even bolder in his approach, and after only four months into his second term, we are starting to see evidence of this.'
A total of 25 companies raised Rs 28,220 crore during the financial year.
Against the backdrop of the opposition closing ranks on the CAA issue and the BJP faring poorly in several state elections recently, the 2022 electoral battle is unlikely to be a cakewalk for the BJP in Uttar Pradesh, reports Virendra Singh Rawat.
The Indian economy can grow if it is delinked from the slow growth in the West and the deceleration in China, says Ashok K Lahiri.
In fact, no other recent Union Budget has held so much significance for the Indian economy as the one to be presented in about six weeks from now, notes A K Bhattacharya.
The expansion in equity market volumes is driven by retail speculators indulging in heavy trading of complex derivatives that are economically unproductive, say Praveen Chakravarthy and T V Somanathan.
Assume that the rupee will trend lower over the next 10 years as India increases overseas sovereign exposures, and your long-term asset allocation should be geared to deal with this trend, suggests Devangshu Datta
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Union Railways Minister Suresh Prabhu on Wednesday said the Centre was seeking private capital investment in cash-strapped Railways to meet the resource crunch and it does not amount to privatisation as the Railways unions claim.
It also advocated adoption of technology platforms and innovative models.
China is battling a property downturn, industrial overcapacity, sluggish demand and struggling exports.
The most preferred CoCo bonds are those through which banks raise their additional Tier-I capital.
With at least three IPOs in the offing this year, stock market investors have a lot to look forward to.
The proposals have been made after extensive consultations with top officials from Sebi, finance ministry, RBI, IRDA and large market intermediaries
The GST Council last year imposed a cess of 15 per cent on hybrid vehicles, in addition to the 28 per cent GST, leading to a total tax burden of 43 per cent against a previous tax rate of 28 per cent.
