The Modi government is notoriously honest about one fact: It does not listen to economists, observes Shekhar Gupta.
Sales, which were growing impressively in the first seven months of the year, decline in November. Ajay Modi reports.
Provisions of long-term capitals gains tax is now applicable after only two years.
'The government has realised that the finances of the government are in a precarious state.' 'We are borrowing to fund the ever-burgeoning revenue deficit.' 'Then you are paying interest on the fresh borrowing.' 'For the first time, the government has realised that this cannot go on.'
We'll not take our eyes off volumes, said Sanjiv Mehta, MD of HUD after announcing that demonetisation had reduced the company's sales four percent.
TCS plans to build ignio as a standalone company.
A widening probe by US authorities involving top drug companies following complaints of price fixing of generics was a point of worry for the participants, said analysts.
'If Indians are as smart as their counterparts in university, and have equal opportunity, then what is the reason that we cannot produce inventions of quality that are recognised by the world?'
While TCS, Infosys and Cognizant have hinted at a weak quarter, analysts say the slowdown is cyclical and growth will return after the US elections
'As banks grapple with risk aversion and savers see an erosion in the value of money, the P2P platform can be a win-win for both borrowers and lenders,' notes Tamal Bandyopadhyay.
'Willing to spend is different from when to spend and how much to spend'
In terms of viewership, the IPL even outperformed some of the pay-per-view matches of the Premier League in Britain.
Last year, Apple had shipped close to 2 million units into India, this year, the target is to reach 3 million units
Domestic tyre demand is seen to grow by 7-9 per cent over the next five years.
In the rights issue, the company is offering one share for every 15 shares held at Rs 1,257. The rights shares are expected to be listed on the BSE and NSE on or around June 12.
India will need to 're-examine' and 're-negotiate' the trade access with the European Union and the United Kingdom which she noted may or may not be 'good' for India.
Exchanges believe its legal status may now change, with the government pushing for digitised transactions.
Chinese sponsorship became a bone of contention after the BCCI declared it would review the deals following the violent clashes between the armies of both the countries in eastern Ladakh.
It said an estimated 42-66 million children could fall into extreme poverty as a result of the crisis this year, adding to the estimated 386 million children already in extreme poverty in 2019.
Bombay House turns evangelist for new Tata products.
TCS MD talks about demand environment, margin outlook and the growing number of its employee base.
'India will soon have the world's largest and youngest population -- just imagine what tomorrow's citizens of India will be able to accomplish, given the right education, training, and opportunity.'
Ajit Balakrishnan offers a thinking man's guide to the angst of the professions.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
The overall death toll stood at 4,633 and no new fatalities were reported on Sunday.
The partnership will look to expand Ford's reach in the fast-growing Indian market and improve M&M's access to global markets
Sebi's main contention against brokers is that the NSEL was offering paired contracts and they were forward contracts, which were "illegal".
Mercedes-Benz on Thursday launched CLA Class sedan, priced in the range of Rs 31.5-35.9 lakh (ex-showroom Delhi)
While most economies contracted in the second quarter of 2020, the Chinese economy grew by 3.2 per cent.
'There is a law that prevents the government from diluting its equity in the PSBs below 50 per cent.' 'That law has to be amended and given the parliamentary arithmetic of the political parties, it is not as simple to do that.'
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Strategy might not help revive volume growth in passenger vehicle sales.
The key proposals from the IT industry that were not addressed included removal of dual levies on software products
Even as you fight the ongoing health challenge, here are some tips to strengthen your personal finance in the time of coronavirus.
For years, India has been a low priority for Apple as spending power is weaker than in China
Hyundai, which is also toeing Maruti's lines, said special schemes are offered to engage the cab aggregators, including annual-maintenance-contract packages and extended warranty.
Of the 3.9 million the sector employs, HR experts say at least 100,000 are likely to lose their jobs by the end of this financial year. Ayan Pramanik and Raghu Krishnan report.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Commercial vehicles witnessed a fall of 15-17% in November as buyers struggled to meet margin money requirements, reports Swaraj Baggonkar.
UM Motorcycles has entered the Indian market with two new models. BikeDekho takes the duo for a spin to see if they've been worth the wait...
