Raghuram Rajan optimistic about passage of GST
For 'a person who has dedicated his life to teaching students, guiding them to restoring monuments and preserving our built heritage, I never dreamt that my home will one day be demolished.'
'Clearly, the financial system is a drag on the economy and underlines the need for improving banking practice, regulation and oversight.' 'Without that, and an end to the cronyism that caused part of the problem, one can kiss goodbye to 8% growth,' warns T N Ninan.
Revenues of Indian companies, excluding those engaged in banking and oil, are expected to grow marginally at 5-6 per cent in the first quarter of this fiscal.
The S&P BSE Sensex dropped 207 points to end at 25,230.
The customs duty from gold imports could be approximately Rs 8,000 crore, about less than half of what was collected a year ago.
RBI is likely to have reached broadly similar conclusions since it did cut rates, presumably to stimulate activity.
This analysis is based on the quarterly earnings for 724 companies.
The World Environment Day 2015 logo has an Indian touch.
Pharma major Lupin and mortgage lender HDFC were the top losers.
Rbi cut rates for teh third time to ease economic situation.
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All three were just about a billion dollars in revenues (we are talking of a dollar that has been battering the rupee).
'There is economic danger: Not inflation, but a slowdown that feeds an employment crisis,' says T N Ninan.
'If credit is not available, people will postpone buying. That's what has happened.'
Broader market outperformed the frontline indices and also hit their respective all-time highs
A glance back at some important events that occurred in 2018.
Infosys has been struggling to revive high growth for two years.
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Else, more capital outflow and pressure on rupee likely.
Infosys, HCL might fare marginally better than TCS.
Lower IT exports will raise India's dependence on capital flows to fund imports.
Companies are still struggling to recover from years of exuberance.
He noted that the Rupee has firmed recently but cautioned that the currency should not lose its competitiveness in global trade.
Prime Minister Narendra Modi on Wednesday said he has asked soft drink makers like Pepsi to try and mix aerated drinks with 5 per cent fruit juice to help distressed farmers find a new market for their produce.
After 3 weeks of consecutive rally, this week was a breather for the index, which corrected by almost 1.5%.
'It's hard to call whether the Indian markets will go through a time or price correction.' 'There could be a swift 5 to 10 per cent fall in the market in the next two months or there could be a gradual fall and six months sideway movement.' 'Eventually, I think there will be a bit of both.'
'At Snapdeal, our aim is to become the best-in-class technology company.'
Travel cards are like debits cards-loaded with the currency of your choice or which the lenders offer.
Analystsare showing optimism in Sensex EPS growth after double digit growth in the second quarter of current year.
Before committing your precious money in PE funds, investors need to get very choosy, advises Ramesh Bukka, co-founder and director, Entrust Family Office Investment Advisors.
The Tata-SIA airline Vistara is gearing up to station an indigenously developed robot, RADA, at its signature lounge at Delhi airport's Terminal 3. Powered by AI, the robot is programmed to scan boarding passes, provide information on the terminal, departure gates, real-time flight status and weather conditions of destination city etc. And RADA can also entertain people by playing games and multimedia content, says Sangeeta Tanwar.
The scheme, touted as a panacea to burgeoning CAD, was a huge flop that fostered a spike in smuggling and allowed several Gitanjali-like players to make a killing
The blockchain, the public ledger that tracks every bitcoin transaction, is changing commerce as we know it, says Devangshu Datta.
Bloomberg estimates revenue at Rs 25,328 crore, up 4.6per cent sequentially and EBITDA margin of 27.2per cent
In order to contain Current Account Deficit and arrest value of declining rupee, the RBI last month had raised the cost of borrowing for banks and reduced availability of funds to curb speculation in the forex market.
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.
The Economic Survey called for improving business environment.
n the broader market, both the BSE Midcap and Smallcap indices, were up 1.2% and 0.7% each.
Arundhati Bhattacharya talks about SBI's strategies, its aim to be among the top 30 banks globally, and stressed assets resolution.
Slowdown persists in China. India's GDP estimates for 2015-16 are liable to be pared; projections for 2016-17 are lacklustre.
The average rating was seven out of 10.
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