Of the seven surveys presented under Modi govt, predictions of three were quite close to the actual GDP growth rate, one saw the base year change in between, but the last three were way off the mark.
The rupee had weakened by 23 paise to end at 63.51 against the American currency on Wednesday on month-end dollar demand from oil companies and persisting selling by foreign funds in stocks.
The Bill provides comprehensive legislation to prohibit unregulated deposits, with punishment for those promoting such schemes or defaulting on repayment.
Participants are eagerly waiting for the key macrodata -- IIP and CPI numbers due to be released later today.
Silver has a dual role - 60 per cent of the total silver produced is used for industrial purposes in the electrical & electronics segment and photovoltaic demand mostly for solar panels.
Wonder why corporate India is showering dividends?
'We should become an all-encompassing entertainment and information destination," says chairman Subhash Chandra, who monitors the group on a monthly basis, leaving the day-to-day operations to the chief executive officers.
Eminent business journalist and author Tamal Bandyopadhyay discussed Budget with rediff.com readers on Tuesday.
'The procurement cycle still consumes too much time; little has changed.'
Insurance company will bear the cost of digitising. It will in turn benefit from lower expenses on servicing policies.
Markets ended lower amid volatile trade with Sun Pharma leading the decline.
The apex court's five-judge Constitution bench headed by Chief Justice Dipak Misra said Aadhaar is meant to help benefits reach the marginalised sections of the society and takes into account the dignity of people not only from personal but also from community point of view.
While the black money declarations may go up further once all the online and manual filings of undisclosed assets filed at the end of the four-month window on September 30 are compiled, the government will get this fiscal nearly Rs 14,700 crore or half of the total taxes due.
Jaypee, Essar, GMR, GVK, Lanco, Abhijeet groups debt rise despite falling cash flow, says UBS
Gold is currently trading at Rs 25,200 for 10 grams.
'This time, even the professedly secular parties have maintained a conscious distance from being identified with Muslims.' 'This could be interpreted as a success of the BJP campaign of what it has been calling 'minority appeasement', says Mohammad Sajjad.
There are few strategies to invest safely in a volatile market.
The Sensex ended lower on unfavourable cues.
'For investors who are willing to remain invested for two - three years, there exist quite a few good opportunities.'
Several factors seem to have corrected in India in the past six months, says the president of New Development Bank.
ADB was urged to take up the Railways sector.
The elements are all aligned to make India a global powerhouse, says IMF Managing Director Christine Lagarde.
Niti Aayog has come out with an initiative to improve governance in states.
For rest of the year, the issue is largely going to be the balance between growth rates and macro stability versus interest rates, says Sankaran Naren.
It, however, remains to be seen how much money Softbank actually puts in, what the implied equity valuation is and if the e-commerce venture is included in the Jio entity.
Phonemaker Apple is said to be in talks to take 30,000 sq ft retail space at plush property Maker Maxity, in Bandra Kurla Complex
It would be a good idea to create independent oversight committees for each regulatory institution and indeed, even for their appellate bodies, says A K Bhattacharya.
Irdai's push will make insurance cheaper for consumers and enable a consolidated view of all policies.
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.
'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.'
Retail inflation has eased from double digits in 2013.
The Budget sets out a comprehensive vision.
Ajay Pandita, sarpanch of the Larkipora area in Anantnag district and a member of the Congress party, was shot at by terrorists in his native village at around 6 pm, a police official said. He said Pandita was rushed to a hospital where he succumbed to injuries.
Dilip Shanghvi founded Sun Pharma in 1983.
No longer an in-house task; hiring legal eagles is now becoming norm for M&As, fundraising
India is only on the starting block.
RBI will take a cue from the Fed policy statement.
The 30-share Sensex stayed in the green for the better part of the session and hit the day's high of 38,297.70 as buying pace gathered momentum towards the fag-end.
'The industry growth in 2016< came from the new digital technology segment which grew at over 20%.' 'The challenge for the industry is that the legacy business makes up almost 80% of revenue.' 'Hence the urgency to transform into digital business.'
Economist Arvind Panagariya has also argued for loosening deficit targets to boost capital spending
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