Oil subsidies to fall 44% in FY15.
To check fiscal deficit, government needs to drastically cut Plan expenditure.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
At a virtual press conference to launch the report, Inger Anderson, Executive Director, United Nations Environment Programme, said, "Climate change is here and now. No one is safe. Despite warnings from so many years, the world did not listen. We need to act now. Reducing greenhouse gas emissions will not only limit climate change but also reduce air pollution."
To a lay observer, therefore, India today presents two conflicting realities.
Markets snapped two-day losing streak and ended flat with a positive bias on Tuesday as gains in auto shares helped offset losses in IT majors.
In Budget 2015, the finance minister has opted to take the slow road and has doubled the cess on coal to "balance the need to tax pollution and the price of power" in his words.
What we want from spectrum allocation is access to broadband networks at prices that will result in productivity gains.
The broader markets ended firm with mid-caps and small-caps gaining nearly 0.5 per cent on the BSE.
The Sensex closed down 308 points at 24,894 and the Nifty has lost 96 points at 7,559.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
'Considering that an Internet company's market value is largely determined by its direct access to consumers for digital services, and largely served outside a sovereign country's control, it would appear reasonable in trade terms to discuss fees for a seat at the proverbial 'table' of opportunities in the largest open consumer market,' argues Venki Nishtala.
"This is a big scam. The country is being looted. Please allow us to speak," Congress leader in Lok Sabha Adhir Ranjan Chowdhury said.
Private lenders HDFC Bank and ICICI Bank were the top gainers along with index heavyweights
The government has unleashed a slew of reforms to attract greater investments including higher foreign direct investment in defence and opening up the railways infrastructure sector, relaxed labour laws, launched campaigns like the Make in India for re-invigorating manufacturing, Clean India and Digital India, among others.
India is, indeed, particularly vulnerable to this menace.
The NSE 50-share Nifty spurted 97.25 points, or 0.92 per cent, to 10,715.50
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
And what if all this happened so fast and so extensively that we never quite had the opportunity to call the broker and say 'Sell'?
Duty cut on raw material imports are not likely.
Metals bucked the trend and shone across the board.
Aditya Birla Group on Friday said it donated funds to political outfits through a trust for around 15 years and that these were done within permissible limits of the country's laws.
With the government looking to divest loss-making steel assets, significant interest from secondary players is most likely this time apart from the anticipated list of large integrated primary steel producers, said industry experts. Rashtriya Ispat Nigam Limited (RINL), Neelachal Ispat Nigam Ltd (NINL), NMDC Integrated Steel Plant (NISP)-Nagarnar, Ferro Scrap Nigam Ltd and three units of Steel Authority of India (SAIL) - Alloy Steels Plant, Durgapur; Visvesvaraya Iron and Steel Plant, Bhadravati; and Salem Steel Plant, Salem - constitute the divestment list. All the three units of SAIL have been loss-making for more than five years.
'We should credit Prime Minister Modi with having foresight and courage and showing leadership on climate change.'
Most analysts expect growth in the sales of Nifty-50 companies to decelerate, albeit marginally, in the quarter ended December compared to the corresponding period of 2013-14, with metals and real estate companies pulling down earnings.
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Crony capitalism will of course generate investment and ensure profit for private capital, but it won't give employment or income to the people. If you can make money by selling coal or speculating in land, why produce electricity, why invest in research and development, why even set up factories, asks Praful Bidwai.
'Once the military starts to draw up plans for using nuclear weapons, then nuclear weapons could be used earlier in a crisis than otherwise.'
Cashless transactions need ubiquitous connectivity, which we don't have. And connectivity needs political and administrative convergence, says Shyam Ponappa.
Top gainers among the S&P BSE Sensex include GAIL, Dr Reddy's Laboratories and Bharti Airtel, all edging up by 1% in late morning deals
When he speaks of them, it is either in denial or to highlight successes that are only part of a larger story that is worrisome in its totality, observes T N Ninan.
'While collections under the Income Disclosure Scheme explain it partly, indirect tax numbers not showing any effect of the withdrawal of high denomination currency notes was puzzling.'
Positive cues from Asian peers also uplifted the sentiment.
India and the United States have reached the first commercial agreement on civilian nuclear power, five years after a landmark deal between the two countries was clinched.
Aiming to enhance quality of life while conserving the planet, Fourth Partner has ventured into the disruptive sector of solar power
In the broader market, BSE midcap and BSE smallcap indices underperformed the larger counterparts and ended flat with a negative bias.
'A bit of marketing, a bit of positioning, and a lot of strategic thinking is required, and all this should be in aid of India's strategic intent: Becoming the third pole in a global G3 and aiming for Numero Uno,' says Rajeev Srinivasan.
'You can put 25 per cent right now; put another 25 per cent when Nifty corrects another 500 points.' 'At 13,500 put another 25 per cent and at 13,000 one can get fully deployed.'
Bharti Airtel, HDFC, ONGC, ITC and CIL emerged as the top gainers.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
BSE Bankex, Healthcare, Capital Goods and Consumer Durables ended higher.
