Cong leaders speak in two voices but final stand may be decided at a meeting headed by Rahul Gandhi next week
'Even before the outbreak of the flu, it had become clear that the tax revenue numbers for 2019-2020 were overestimated,' observes A K Bhattacharya.
While India's GDP is pegged at 7.7%, China is projected to grow at 7%.
Select companies in infra, capital goods, private banks, auto, oil & gas, and mining could be considered by investors.
This is the Centre's highest-ever budgeted capital outlay.
Modi's visit to some developed countries such as the US, Japan, China and Australia were sprinkled with humongous investment figures. But do we have the wherewithal to absorb such big investments?
If a feasible business model is worked out for cable operators, they will not only build the last-mile networks, but also market them among the local population telling people the benefits as well as how to utilise them
Infrastructure and inflation targeting are expected to be top priorities for the new Reserve Bank of India governor, says A V Rajwade.
Mid- and small-cap companies seem to have done better than top-tier companies
Arun Jaitley presented the Union Budget in Parliament on Saturday.
'The Indian State needs to focus on healthcare, education, infrastructure and law and order, and get out of all these regulatory cholesterols.' 'Then, India will fly.'
Bajaj Auto was the top gainer in the Sensex pack, surging 3.95 per cent followed by Maruti Suzuki at 2.69 per cent.
The challenge of cleaning up the taxation system and introducing the goods and services tax (GST) regime cannot be underestimated.
'The big elephant in the room is our misguided view about the rupee.' 'India is scared that if our currency appreciates, who will buy from us. But a breakout is inevitable.'
Among other things, taking note of complaints against several Chinese e-commerce players such as Shein, Ali Express etc for sending shipments as 'gifts' to customers in India and avoiding duties, the government has now mandated that all e-commerce sites and apps must have a registered business entity. This will be the importer on record and subject to customs rules, report Subhayan Chakraborty, Neha Alawadhi and Karan Choudhury.
There has been an increase of $17 trillion in total debt in China.
The ministry has also asked that the cap of such borrowings is to be set at $500 million (Rs 3,450 crore) for a single company and $1 billion (Rs 6,900 crore) for the entire sector.
Lower IT exports will raise India's dependence on capital flows to fund imports.
Union Budget 2014-15 is positive for metals and mining companies.
Earnings growth is expected to accelerate as lingering toxic effects of note ban ease off and GST settles down. However, stock valuations are high and that means market is also overdue for correction, says Devangshu Datta.
'We have to make doing business in India easier.'
Custom duties, a major concern for the oil sector.
Outlining seven principles of engagement for closer cooperation between India and China, Prime Minister Manmohan Singh on Thursday said the two countries should show sensitivity to each other's interests and sovereignty and move quickly to resolve the boundary issue.
'The government has said it has kept its powder dry to fight the true battle against the debilitating influence of the pandemic.' 'The release of the shocking economic data this week should act as the fuse for using that powder now.' 'Further delays will make the battle that much harder,' notes Shreekant Sambrani.
India's overall retail inflation eased to 4.41 per cent in September, helped by falling commodity prices, but rural inflation was at 5.05 per cent
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The agency also warned the government of overshooting the fiscal deficit target at 4.8 per cent due to poor revenue growth and pegged it at 5.2 per cent this fiscal.
Dalal Street is bullish on invest
It includes a session with Gadkari on analysing the initiatives needed to bridge the $1 trillion infrastructure deficit in the country.
IMF projected India's economic growth at 4.25% in 2013-14.
These numbers show overall exposure and are not a reflection that all loans are going to be impacted.
Modi govt did decent job in its first year.
It is raining private equity funds in the logistics and warehousing space.
The meet will focus on the recent global economic developments, challenges and collective measures to address them
'It is easy to dramatise the events of today, but it is far more important to focus on the fact that we have a radically overvalued financial sector. It is a house of cards.'
'The probability of another negative year in 2019 is low.'
The growth has slowed down with exports at $6.7 billion last year.
Single window clearances for realty must.
According to the global financial services major, after the BJP's 'historic' election victory on May 16, hope for structural reforms has gone up.
The forthcoming Budget, the last full one before the 2019 Lok Sabha elections, is expected to contain a number of sops and feel-good announcements, especially regarding social sector schemes.
Morgan Stanley draws optimism from a slew of favourable factors.
