Percy Mistry says things at market regulator Sebi are also in bad shape.
Those who have a long-range mission of true nation-building will pay close attention to World Bank's new action plan for fairness in all matters of land use, says Rajni Bakshi.
Debt fund managers think the Reserve Bank governor might at best go for one rate cut in April.
Sahara relied on a letter from bank saying the funds were there.
Forget about interim Budgets, one cannot easily recall even a full Budget of any government in recent times having rolled out benefits of this order to such a large number of people, says A K Bhattacharya.
Jaitley said a 10 per cent tax long on capital gains exceeding Rs 1 lakh made from the sale of shares has been introduced but those made till Janaury 31 would be grandfathered. A 10 per cent tax on distributed income by equity oriented mutual funds has also been proposed in the budget.
Finance Minister Arun Jaitley has said that the states were free to announce farm loan waivers if they had the fiscal space and that there would be no shortfall this year in divestment and non-tax revenues.
Income from renting of properties is taxed at a flat rate of 10%.
Prime Minister Narendra Modi's three-day visit to Britain has seen India and the UK agreeing on Rs 90,000 crore deals.
On Wednesday, FIIs sold shares worth Rs 1,573 crore.
Startups in India need low-cost debt for working capital, which is impossible to get.
'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.'
Curbing the federal deficit is the government's absolute priority on February 28.
The broader markets underperformed benchmark indices as the BSE Mid-cap and Small-cap tumbled over 2%.
This weakness is likely to continue in the near-term.
Fiscal discipline has been maintained but toxic assets worth Rs 7 crore are a massive headache
Eleven years on, while 80% of scam-hit investors have been fully compensated, more than 50% of the sum is yet to be distributed.
The BJP is banking on development. The opposition is raking up caste identities and the dangers of hyper nationalism.
Capital flows have become much more skittish and volatile during this period, with short-term horizons dominating allocations.
In a live chat on rediff.com held on Friday, July 11, well-known equity specialist Devang Mehta discussed what effect the Budget will have on the stock markets -- from how NOT to lose money in the markets to which are the safest stocks.
Investors with stalled projects and mounting bad debt will refinance their loans.
Budget has laid emphasis on enhancing expenditure in farm & rural, and social sector including healthcare, education, skill development, job creation and infrastructure
The former finance minister also criticised Prime Minister Narendra Modi over the words he chose to attack his predecessor Manmohan Singh, saying he should remember that the Chair he sat on was used by Pandit Jawaharlal Nehru and even Atal Bihari Vajpayee and hence he should use right language.
A long term solution to reduce India's Current Account Deficit will be to increase India's share of global merchandise exports, so that we are able use our exports to fund our imports, points out Chidambaran G Iyer, Senior Fellow, Pahle India Foundation.
Check out some of the stocks that will react on the basis of their numbers in the near term.
To generate ample private sector interest, there is a need to introduce market-linked tariff rates.
The Modi PMO is like none other: It is staffed by people who are so low profile that the only dominant personality is the Prime Minister's.
IDS-2 and raids to uncover black money stash keep receipts flowing
Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.
The total investor wealth, measured in terms of cumulative value of all listed stocks on BSE, slumped by over Rs 7 lakh crore during the torrid week.
The Nifty and Bank Nifty ended at record closing high of 7,913 and 15,865 respectively.
Chetan Bhagat turns entrepreneur by getting into the movie business with Half Girlfriend.
There are tell-tale signs of a slide in the quality of Budgets presented by the current administration, says Parthasarathi Shome.
Ten trade unions with a combined membership of 15 crore workers in public and private sector, including banks and insurance companies, are on a nationwide strike to protest against changes in the labour laws.
Arun Jaitley had a tough fiscal hill to climb.
'Our concern is about today and there is nothing in the Budget for the MSME sector to feel positive right now.'
The Indian rupee also trimmed most of its early gains and was trading at Rs 61.28 compared to its Wednesday's close of Rs 61.31 to the US dollar.
Go for high quality and low-to-medium-duration funds in your debt portfolio
Finance Minister Arun Jaitley said the fiscal deficit slippage this financial year (2017-18) was largely statistical.
If you plan to withdraw money from your corpus regularly to meet expenses, have a portfolio of stable instruments.
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