If the Centre and states are keen on spending more to meet the COVID-19 challenges in the coming year, they must bear in mind the need to raise more resources through taxes and non-tax revenues, suggests A K Bhattacharya.
The financial sector has been deeply troubled since 2013. It is now in a full-blown crisis, warns Devangshu Datta.
Some of external candidates being considered for the post of CEO include Bhaskar Ghosh of Accenture, Ritesh Idnani of Tech Mahindra, Ravi Kumar S of Infosys, and Nitin Rakesh of Mphasis, among others.
Small stocks made a dashing comeback in 2020 after delivering negative returns in the last two years as increased retail investor participation in pandemic times saw small-cap index surging up to 31 per cent and outperforming the bigger benchmark gauge. This year turned out to be eventful for the equity market, witnessing bearish and bullish sentiments at different points of time. While the initial part of COVID-ravaged 2020 saw the bears in full force amid concerns related to the pandemic and lockdowns hurting economic activities, bulls made a comeback towards the latter half of the year. As the market swayed with many lows as well as highs, small and mid-cap indices emerged as markets favourites in 2020.
The notion that the BJP gained its increased tally by wiping out the Left parties and the Congress is completely misleading. Equally misleading is the belief that the TMC held its ground in all its existing seats. A little more than a fifth of the seats Mamata Banerjee's party had won in 2016 was lost to the BJP this time.
Chaudhary, who took 13 hours to reach Lakhimpur Kheri from Delhi, several hours more than it would take to cover the 420 km-odd distance, also met the families of some of the farmer victims to learn their story of loss.
Vinay Umarji
Even at the entry-level, professionals who have proficiency in emerging technologies will have an edge over others in these domains.
And it's not an IIT graduate who's bagged it, report Gireesh Babu & Vinay Umarji.
'The Budget will have to be substantially re-cast as soon as a new government takes charge after the elections.' 'Both revenue and expenditure numbers will have to be trimmed -- and then may better reflect the deceleration of economic activity caused by slowing consumption trends,' points out T N Ninan.
After extending billions of dollars to protect themselves from the economic turmoil, the US moved to arrest the trend of exorbitant pay among the nation's big entities like Citigroup, Bank of America and American International Group.
The early results from corporate India for the first quarter of 2015-16 are in, and these strongly suggest that a cyclical recovery is underway.
The remarks come at a time when Maharashtra is reeling under an agrarian crisis with 124 farmers committing suicide in the state since January this year.
To land a job in a competitive field, graduates must go beyond the obvious and prepare extensively, adbises Vijay Gupta, director-global human resources, Rahi Sytems, a global IT services and solutions company.
Employees of some top Indian companies were in for a pleasant surprise when they received a mail from their HR team announcing a hike in salaries and bonuses. Led by IT firms and start-ups, HR managers say that while some have offered cash and stock options, others are in a wait-and-watch mode and add the trend will pick up in other sectors. For example, IT giant Cognizant - which had an attrition rate of 19 per cent in the December quarter - has established a $30-million employee retention fund in order to bring down the high attrition rate.
An individual might not be able to put together the data and number-crunching resources that institutional traders employ.
With less than five months left for the report of the Fifteenth Finance Commission to be submitted, its chairman N K Singh said the report will have fiscal road map for states, depending on their current situation.
Stop-losses are mandatory to prevent losses going out of control
Premiumisation, improving demand aid realisation growth at most large firms
'The counting machine beeped, indicating a counterfeit note.' 'When the teller started tearing it, my nephew stopped him and asked him: Under whose authority was he destroying it, how did he know that the note was fake and if a genuine note gets destroyed, how will he be compensated?' Harsh Roongta explains the process if you have a counterfeit note.
When it comes to rewarding top- performing employees, many large corporates are giving out expensive gifts such as latest iPhones, Mercs, flats and jewellery
The government is looking to review the guidelines governing executive pay practices at the companies to bring them in tune with the changing times in terms of the economic advances in the country.
A lot more people should buy stocks, they should be guided far more by fundamentals and their expectation of returns should be far more modest
People have developed a fatalistic attitude where they believe that anything can happen. They think, 'there's no medicine, no beds in the hospitals, what are we alive for?' And when you get that kind of an attitude, you stop taking precautions
Chief executive officers heading America's 500 largest firms have taken a beating on their paychecks for the first time in five years, but the 13 female members of this elite club, headed by India-born chief of PepsiCo Indra Nooyi, have a reason to smile with a trend-defying hike.
Prices started rising again beyond Rs 30 per kg in the last one week and are now ruling at Rs 32 per kg at Lasalgaon
A third of the total restaurant market in India - valued at Rs 4.25 trillion - could be wiped out in the current financial year, since many players have simply been unable to sustain operations in the absence of customers.
The average variable pay across sectors is projected at 17.4%.
'It is entering growth territory on a month-on-month basis.'
According to the survey conducted by HeadHonchos.com, a job search and career portal, 84.1 per cent employers expect new job creations this year.
As of now, 12 million Indians join the workforce every year.
MotherCare, the baby and maternity clothes retailer that annually sourced garments worth Rs 100 crore from a single exporter in Tirupur, filed for bankruptcy in the UK and will close all its 79 shops in that country. It was the latest world-famous brand to pull down Tirupur's fortunes.
Dalits constitute nearly 16 per cent of the vote and 38 seats are reserved for them in the assembly, reports Satyavrat Mishra
Is the curated and limited data put out by the central government sufficient enough to pass a judgement on the trend in GST collections, particularly that of the Centre?
A majority of employees seem dissatisfied with their current salaries, a recent survey conducted by JobBuzz, an employer rating platform powered by TimesJobs, revealed.
Sebi on Tuesday said, the norms covering research analysts' recommendations would also apply to journalists.
India's tax pie seems to have undergone a subtle change with a sharp drop in direct tax collections resulting from a disproportionate impact of the COVID-19 carnage on incomes. The share of indirect taxes, which mainly comprise of levy on goods and services as well as import duty, has risen while that of direct taxes - made up of corporate and personal income tax - has gone down in 2020. In an interview with PTI, finance secretary Ajay Bhushan Pandey said in a pandemic like this where the economy has been impacted, any large scale changes impact direct taxes more severely, whereas indirect tax collection is mostly proportional to business turnover and compliance.
Solar equipment manufacturing, however, is unlikely to pick up in India as Chinese imports are more cost-effective
The major beneficiaries have been the ministries of roads and highways, railways and power
Average salary has grown faster than average business income for three of the last five years. This has implications in a country like India. Most people in India are self-employed, with 51.4% of the population falling in that bracket.
