Here's everything you need to know about the Goods and Services Tax Bill.
A glance back at some important events that occurred in 2018.
With EU, it is part of the FTA that we will need to negotiate.
Analysts believe the film should cross Rs 120 crore over the four-day weekend.
The rally is being fuelled by across-the-board buying.
Prime Minister Narendra Modi will push for stepping up global cooperation against the key issue of cross border tax avoidance and evasion at the G20 summit
'The recalculated ranking showed India should have had a higher ranking earlier (113 in 2012 instead of 132) and lower ranking later (114 in 2018 instead of 100).' 'This would mean that there has been no change in India's climate of doing business across two regimes.' 'This is exactly consistent with the reality on the ground,' observes Debashis Basu.
Automobile company Tata Motors, metals and mining major Vedanta, oil marketing firm Bharat Petroleum Corporation (BPCL), private sector IndusInd Bank, and two-wheeler major Bajaj Auto have witnessed their market cap slip below the Rs 1-trillion mark this year.
History of electronics indicates that no company, nor any nation for that matter, has been able to cement pole position and maintain it through several cycles. he death of its iconic promoter, Lee Kun-hee, raises questions over how long the chaebol can maintain its gigantic footprint in the global electronics industry, says Devangshu Datta.
Sebi had last year put in place a separate regulatory regime for REITs.
BSE Power, Healthcare, Capital Goods, FMCG and Metal indices gained between 0.6-1%.
Its obsession for growth, chasing corporate clients and giving up its original mandate of meeting the needs of local trade and businesses. A quarter of its loan book has gone bad. That's an error of business strategy, points out Tamal Bandyopadhyay.
The IMF said global growth is projected to reach 3.9 per cent in 2018 and 2019, in line with the forecast of the April 2018 WEO, but the expansion is becoming less even, and risks to the outlook are mounting.
Corporate leaders said a stable government at the Centre will help boost infrastructure spend, address agricultural distress, and encouraging employment.
'GIFT City is now on a growth trajectory,' says Tapan Ray, MD and group CEO, GIFT City, 'The time has come for the GIFT City to take the big leap and emerge as the next financial hub of Asia.'
Finance minister attempts a clean-up job, keeps projected expenditure growth low.
Despite the headwinds both on the domestic and global fronts, Ramesh S Damani, member, BSE and a prominent investor, says India will weather a global trade war better than a lot of other Asian countries.
This flight of capital began in early August due to risk-aversion created first by rising geopolitical tensions due to North Korean aggression and second by the US Fed's decision to shrink its balance sheet
'Indian diplomacy faltered amidst multiple failures of statecraft.' 'The functionaries responsible must be held to account for their abject failure,' asserts Ambassador M K Bhadrakumar.
It is not a good idea to take the line that since demonetisation happened in the third quarter, everything that happened then was a consequence of that, says Chief Statistician TCA Anant.
The focus is on corporate results at one level but global news will also have an impact
The Swadeshi Jagaran Manch has pointed out that these firms pose a threat to domestic manufacturing and retailing as they do not pay relevant taxes such as GST, giving them a huge edge over local players.
The U.S. economy grew faster than initially thought in the second quarter.
'The domestic scenario is much better than earlier, demonstrated in the March quarter earnings.'
'Since the NDA took office in 2014, and aggressively since 2019, the Union government seems hell bent on centralising all power and resources, only to fail spectacularly.'
India's GDP is estimated to contract by a record 7.7 per cent during 2020-21 as the COVID-19 pandemic severely hit the key manufacturing and services segments, as per government projections released on Thursday. Amid overall decline in economic activities, some respite was provided by the agriculture sector and utility services like power and gas supply, which have been projected to post positive growth during the current fiscal ending March 2021.
The hype surrounding the Budget gives it undue importance.
India's real GDP growth is set to exceed 7 per cent for CY-2015.
'Markets are likely to remain choppy for the next 6 months.'
All credit to the finance minister for walking the fiscal and expectation tightrope extremely well in his budget speech, says Ganesh Natarajan.
'We believe 2017 could see higher flows from foreign institutions as money comes back to growth markets like India.'
However, investors have turned cautious over the likelihood of Britain leaving the European Union.
In the currency markets, the rupee lost another 10 paise to close at 1-week low of 63.54 against the US dollar
India's GDP had recorded 7.5 per cent growth in the April-June quarter of last fiscal.
On Wednesday, FIIs sold shares worth Rs 1,573 crore.
When oil prices collapse from $110 to $45, economic agents in India experience a large income windfall.
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The year 2014 was one of the most challenging years for India. For two consecutive years our GDP growth was sub 5 per cent. Employment generation had declined, the revenue buoyancy was low and the country had become investment starved.
No one expects the government to publicly concede policy mistakes. But it can shed denial; and, stop the point-winning debating style to the formulation of public policy, says Rahul Khullar.
The President said that for rapid creation of jobs in the manufacturing sector, the government will strategically promote labour-intensive manufacturing.
Jaitley promised higher investment in roads and railways.
