The Street is never short of hope and events to look forward to
The international investors who are investing, merging and shaping India's new ecommerce start-ups are betting that if China can produce an Alibaba with an expected market value of $ 170+ billion market value when it does its IPO, India should produce at least one or two with a $5bn+ market value, says Ajit Balakrishnan.
BSE Mid-cap index ended at a record closing high of 10499.86 and CNX Mid-cap index ended at a record closing high of 12672.85 levels.
The question is whether the Indian economy has the advantage of other vibrant sectors that can step up their performance on the exports front, says A K Bhattacharya.
Shares of rate sensitive sectors such as realty, infrastructure, banking and automobiles ended higher ahead of the Reserve Bank of India (RBI) mid-quarter policy review on June 17.
There are some advantages of a falling rupee.
The prime minister's August 15 address was undoubtedly inspirational and outlined important economic and social objectives, such as making India a global hub for manufacturing, ensuring bank accounts for all poor families, major thrusts in sanitation and cleanliness, and a radical restructuring of the Planning Commission.
The high-speed train line in a region already well-connected by rail, road and airways may have to struggle to stay viable
This is the first time in the RBI's history that a governor is leaving without willing to renew his contract
Growth acceleration will be gradual and it is still early days for a sharp recovery, says Gautam Chhaochharia, executive director and head of India research, UBS.
Keep exit plans handy, D-day could be the second week of August, writes Sonali Ranade in Market Notes.
It was the RBI which destroyed our $-job economy. It is for the RBI to resurrect it by instituting news ways of managing the INR, says Sonali Ranade
... The feeling won't last too long, says Paloma Sharma.
IT and pharma companies again save the day; mask pain in domestic consumption.
Arun Jaitley had a tough fiscal hill to climb.
'My mantra is simple. If a customer demands something, we have to deliver at the speed he wants. No customer will wait for us. That is where local top-quality talent comes in,' says the MD of Bosch India.
Are we adopting an idea whose time has come and gone? My feeling is, yes, says ex-banker C Joseph Chacko in the fourth article of the series on inflation targeting.
'The entire system acted as cheerleaders to Vijay Mallya. The RBI failed, the banks failed, the auditors of the banks and Mallya failed.'
How on earth did Dr Manmohan Singh and his ministers conclude that the casualties of a disaster in a nuclear plant would be fewer than the deaths and injuries caused by the Bhopal gas tragedy? And that the compensation could, therefore, be capped at a smaller amount, asks T V R Shenoy.
Assessing the shape of the Indian economy just a couple of days ahead of the Union Budget for 2016-17, Saugata Bhatacharya, senior vice president and chief economist, Axis Bank, speaks about his budget wishlist and suggests measures that can help finance minister Arun Jaitley achieve the targeted fiscal deficit of 3.5 per cent of India's gross domestic product.
Indian economy about to take-off