MUDRA bank will help microfinancing firms to lend more.
Three years after the prime minister's election promise that his government would create 10 million jobs, the emerging picture is not pretty. Employment HAS TO take on a critical status in the government's agenda, says Shyamal Majumdar.
Oil and gas sectot may not put up good numbers in Q4.
For August, CRISIL core inflation indicator stood at 3.6 per cent, a tad higher than RBI's measure.
Credit profiles have turned healthier from a year ago
Soon, one will be able to pay utility bills at the local supermarket, while buying groceries, with the RBI allowing the setting up of payment banks.
Additional levy to eat into Rs 6,000-crore income of top promoters
This was the near-unanimous replies of 10 market participants.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' queries on stocks they own or want to buy.
The proposal to levy a 'super-rich' tax, at the rate of 35 per cent, on those earning more than Rs 10 crore a year might not receive support of the Union Cabinet.
Managing Brexit, inflation and banking reforms, along with the political environment, will be tough.
'The role reversal of those in favour of GST and those opposing it is troubling.'
The price differential between diesel and petrol has narrowed. But there are still enough reasons to opt for the diesel variant.
Prime Minister's key economic advisor C Rangarajan on Friday lowered the growth forecast for the current fiscal to 5.3 per cent from 6.4 per cent projected earlier and listed out host of measures including further liberalisation of foreign direct investment norms to improve economic condition.
Banking and telecom will see the highest impact of this transition.
Had you invested Rs 5,000 every month in SBI Magnum Multicap Fund through systematic investment plan (SIP) for the last 5 years, the value of your investment would be over Rs 5.2 lakh as on August 22, 2016
The Department of Post, Tech Mahindra, Videocon Group and stock exchange NSE have joined big corporates like Ambanis and Birlas to seek entry into banking business through newly created niche category of Payments and Small Finance Banks.
Eight infrastructure industries have posted a growth rate of 8 per cent for September on account of good performance by crude oil, steel and electricity sectors.
A nearly two-fold hike in natural gas prices will incentivise investment in the hydrocarbon sector and help reduce the energy import bill, India Inc said.
The central bank had nudged banks to cut lending rates.
The stocks Radhakishan Damani enters or exits are closely watched by fund managers, says Joydeep Ghosh.
In a proposal to FinMin, the Banks Board Bureau suggests asset sales to PSUs within a deadline to recover bad loans.
HFCs and banks expect a drop in demand for housing loans in the short-term.
Sun Pharma stock has appreciated at 35% a year for 20 years
Across India, decades of mismanagement and political meddling have left utilities selling electricity below cost and turning a blind eye to rampant theft.
Jaitley said govt would achieve 4.1% fiscal deficit target in FY15.
The IMD attributed the projection to a weakening of El Nio and the Indian Ocean Dipole turning positive.
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Q1 results indicate more pain ahead, as slowdown has spread to more sectors, pricing power has come down and rising interest cost is eating into profits.
Nano remains a cautionary tale of misplaced ambitions and a drag on profit.
They are suitable for a 3-5 year horizon. Choose equity funds for longer than 5 years
While the UK will possibly go into recession, the bigger fear is copycat referendums from other EU nations.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
IDS-2 and raids to uncover black money stash keep receipts flowing
Railway Budget has not discriminated against any state.
RBI on Monday conducted an unprecedented level of liquidity infusion to the tune of Rs 3.3 lakh crore, in which banks bid for as much as Rs 4.5 lakh crore. The central bank said it would conduct a liquidity infusion auction of Rs 1 lakh crore on Tuesday as well, to help banks tide over the liquidity crisis.
Exports had risen over 11 per cent in July, year-on-year.
Anglo-Dutch parent's stake in Indian subsidiary rises from 52.5% to 67.3%.
In any case, Ghosh could take lessons from the best professionally managed companies all over the world that always groom the CEO successors well in advance.
