'Aggressively stepping up vaccinations will constitute the most enduring stimulus of all in the coming quarters,' observes Sajjid Z Chinoy, Chief India Economist at J P Morgan.
After a recent spate of big-bang funding of food discovery and delivery apps, experts believe the sector's consolidation might be over and the remaining players are here to stay and thrive.
'The current budgetary practice of shifting expenditures off-balance sheet in order to be seen to be meeting fiscal targets should be discontinued; additional fiscal stimulus would be imprudent; individual income tax rates should not be cut; GST rates should not be raised now,' advise Arvind Subramanian and Josh Felman.
The company's investments in telecom business reached 15-20% of capital employed.
'The Insolvency and Bankruptcy Code is neither beneficial to banks nor helpful for the borrower.' 'Genuine people who are caught in economic stagnation will lose everything and thousands will lose jobs.'
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
Vodafone Idea, the country's third largest telecom operator, on Wednesday reported a staggering Rs 73,878 crore of net loss in fiscal ended March 2020 -- the highest ever by any Indian firm -- after it provisioned for Supreme Court-mandated statutory dues. The firm, which has to pay Rs 51,400 crore dues after the apex court ordered the non-telecom revenues to be included in calculating statutory dues, said the liability has "cast significant doubt on the company's ability to continue as a going concern".
IMF attributes the slower growth rate to supply-side bottlenecks.
Experts tell Ujjval Jauhari that investors need to be careful in picking stocks given high valuations and with markets possibly ignoring potential risks
'The mismatch between valuations and fundamentals is startling,' warns Devangshu Datta
The manufacturing sector during the fourth quarter recorded a growth rate of 9.3 per cent while the farm sector grew at 2.3 per cent.
The watershed 2014 Indian election has thrown a decisive mandate after 30 years of coalition-based governments.
Known for stable returns, near debt-free status and dividend track record, these 10 PSU stocks are worth buying now.
The government is seeking to keep its fiscal deficit within the budgetary target of 4.8 per cent of GDP.
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With new private banks in the play, the going could become more difficult for the old-school state-run banks, already losing business and market position, forcing them to think hard towards consolidating and forming larger entities to garner big-ticket deals.
The Centre intends to consolidate the 44 central labour laws into 5.
Vision 2025 to focus on four clusters; aim is to join the global club of top 25 companies.
Large urban co-operative banks may come to be solely under the provisions of the Banking Regulation Act, even as the smaller among them are to remain within the exclusive fold of the Registrar of Co-operative Societies. The upcoming changes will bring the curtains down on the vexed issue of dual control of UCBs, which has been in vogue for 54 years. The new framework will affect 1,551 UCBs in the country, which had a total business of Rs 7.36 trillion.
Uber would look to expand the service to six Indian cities
AirAsia plans to sell 12 planes this year, a move that will bring in around 500 million ringgit ($156 million) in net profit.
The government kept its nerve in the face of a massive shock. It chose not to resort to a massive fiscal stimulus. It focused instead on providing liquidity support and easing restrictions on movement in stages, observes T T Ram Mohan.
June quarter showed revival over previous one, says study; Mumbai-Pune and Bangalore lead the way
Capex for next year expected to be up 25% to Rs 3 lakh crore
On the other hand, 16 or half of all states and Union Territories account for only 3 per cent of all exports.
Finance minister attempts a clean-up job, keeps projected expenditure growth low.
The steelmaker's India basket grew after Tata Steel completed its acquisition of Bhushan Steel under the Insolvency and Bankruptcy Code process and its subsidiary, Tata Sponge, acquired Usha Martin.
Jet Airways, part-owned by Abu Dhabi's Etihad, reported its biggest-ever quarterly loss as costs jumped and it took a charge on its investment in a subsidiary.
The Survey projected growth rate of 7-7.75 per cent for 2016-17 with downside risks due to weak global economic scenario.
Online marketplace majors, e-grocers, Internet of Things firms, app-based companies and transport service aggregators are among those that have had to shut shop or scale down operations. Now, survival skills like upskilling and retraining will determine who makes it.
The non-oil, non-finance sector of the economy is under severe stress.
Sensex surged 486 points or 1.9%.
The company's India focus hasn't changed with the change in CEOs.
A mixed global trend and weakness in rupee influenced the sentiments during the day.
Financials were the top gainers lead by private lenders ICICI Bank and HDFC Bank
RBI awaits fiscal stance, inflation to cool off to decide on rates.
Ahmedabad-based firm to fund deal through equal amount of equity and debt.
Inflation is down, growth is headed for recovery. RIL and subsidiary Jio are on an upswing. However, stressed loans and impending job losses are the dark clouds, says Devangshu Datta.
Vistara'a launch, the steel plant at Kalinganagar and e-commerce venture are the ones most awaited for
While naysayers say the economy is on a downward spiral, optimists point out that India has experienced a shift of gears in the realm of policies, thanks to several initiatives of the Narendra Modi government, says Ashok K Lahiri.
The lower quarterly profit was mainly due to rise in fuel costs, foreign exchange loss and lower yield
