Petrol attracts a total excise duty of Rs 17.46 per litre.
Stock to watch: Shipping Corporation and Great Eastern Shipping
The industry's reactions to the Budget have been mixed.
Muted global trend after a report that US President Donald Trump was preparing to impose more tariffs on China hurt trading sentiments.
Indian govt is trying hard to get global investors to invest in the country.
'India has about 22,000 tonnes of private gold, held by individuals and temples.' 'Much of this is locked up in safes and vaults as a dead investment. If we can put the vast reserves of gold to use, it would boost the economy,' says V P Nandakumar, executive chairman, Manappuram Finance, India's first listed gold loan company.
Indian equities are in a multi-year bull story with capex cycle recovery as the main driver.
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Bigger and broader indices do relatively poorly as investors get selective; experts see opportunity if scrips chosen with care.
Make in India needs policy support for access to markets.
Perhaps half-way through India's demographic transition, what is the outlook for the future?
Bank credit growth, still sluggish, could see a rise if the Reserve Bank of India decides to cut interest rates, believes Ashima Goyal.
Binu Alex, co-founder and editorial director of www.commodityonline.com, in an interview to Syed Firdaus Ashraf/Rediff.com, says demand-supply imbalance arising out of the government's inability to preserve the crop for non-harvesting season is the root cause behind the price rise.
Global markets could correct 5-10 per cent. If that happens, Indian markets will correct about 10 per cent
AirAsia's rival airlines in India have kept themselves super-busy in the past few months -- by moving court against the former's launch, adding flights on the routes where AirAsia is operating, and engaging in a price war.
With the first salary date after demonetisation around the corner, will India's labourers be able to take their hard-earned wages home?
Another year of strong performance by these export-oriented sectors likely as US economy revives and rupee is expected to be under pressure.
Key relaxations traced in final regulations.
Commercial vehicles however declined by 2.83%
Boost to dairy sector will generate jobs
Consequences of China's efforts to stabilise its equity markets after three weeks of declines, which wiped out some 30 per cent of the value is far more importance to the world, says Clyde Russell.
China's new leadership headed by Xi ruled out massive stimulus similar to the one in 2008 which amounted to $645 billion to tide over the global economic crisis.
While Indians are increasingly using mobile platforms and technology for various financial transactions and purchases like bill payments, ticket bookings, entertainment, travel and banking transactions, cross border mobile remittance is yet to see the light of the day.
Broad-based buying aided sentiment and the market registers record turnover at Rs 6.86 lakh crore
The Street had factored in the NDA win, owing to which the appreciation in the rupee is expected to be limited
Japanese Prime Minister Shinzo Abe's $12-billion loan at an incredibly low interest rate may have trumped China's aim to enter the enormous Indian Railways market, notes A K Bhattacharya.
Diesel makes up nearly half of fuel demand in Asia's No 3 economy.
Distress sales, market closures and anchoring of fishing fleets have been reported from West Bengal, Andhra Pradesh, Tamil Nadu and Kerala.
'When a new superhero film releases, China creates figurines based on the film and puts them out in the market along with the film's release.' 'Does our domestic manufacturing sector been able to do it so quickly? No.' 'We have a large millennial population and we have to make products that are more in line with the tastes of those people.' 'The MSME sector can win back its customers only this way.' 'When they change with the consumers's needs, there will be a move towards Indian products.'
The markets gained nearly 7 per cent in the 4 trading sessions of March.
Large and small businesses alike have delivered low-key performances.
In the near term, two key factors are the outcome of the monsoon season in respect to cropping yields; and the correction in the crude oil price.
Excise duty hike for cigarettes could be lower.
Oil and gas players' wish list includes incentivising E&P investments and reintroduction of income tax holiday for exploration and production activities, among others.
High fiscal deficits raise inflation which hits the lowest income and salaried classes.
'It is the moment where compassion and empathy must supersede our identity, politics, or our ambitions.'
This rate of growth has a number of implications.
All evidence suggests that the US Federal Reserve will raise interest rates soon.
It's the beginning of a rate reduction cycle
Finance Minister Arun Jaitley who is in Davos to showcase India as an investment destination at the World Economic Forum (WEF), on Wednesday promised India has a "lot in the pipeline" for global investors even as he plans to take up with Switzerland the issue of black money stashed in banks there.
Chinese smartphone maker Xiaomi Inc has tied up with Taiwan's Foxconn to start assembling phones in India.
