Steps announced by new RBI Governor Raghuram Rajan could attract $10 billion of forex inflows in the next three months and this could be a material near-term positive for the rupee, which has lost 20 per cent since January, the London-based banking and financial services company said.
The average variable pay across sectors is projected at 17.4%.
Younger brother Surendra wants to re-invest his share in real estate and education
With India's imports exceeding exports, weak rupee does more harm than good. Analysts, however, say that rupee depriciation is positive for export-oriented sectors such as IT services, pharmaceuticals, textiles and automobiles
PE investment so far in 2014 stood higher at $ 8.4 billion as against $ 7.8 billion in 2013, with 38 per cent higher volumes in 2014 as compared to 2013, led by the technology sector.
'The news about the new virus strain in the UK provided them with an opportunity to take money off the table.'
Prime Minister Narendra Modi on Wednesday said the government has no business to be in business and his administration is committed to privatising all PSUs barring the bare minimum in four strategic sectors. "It is government's duty to support enterprises and businesses. But it is not essential that it should own and run enterprises," he said. Modi also said the Centre's policy is to either monetise or modernise public sector enterprises, with the intent that the government has "no business to be in business".
While everybody is talking about the vast potential of 5G, the uptake of such services in India depends on operators getting around 100 Mhz 5G spectrum. At the reserve price proposed by Trai, getting this spectrum will cost a telco around Rs 490 billion. Which amount could be difficult for operators to mop up, given the financial stress they are undergoing, says Kiran Rathee.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
That is bad news for officials taking part in discussions at the International Monetary Fund and World Bank meetings this week.
CEO probable says the new role as president could not have come at a better time
'If the third wave of Covid infections is as bad as the second one, the market may get very polarised with a preference for blue-chips with low volatility.'
This is the highest closing for both the indices since May 15.
He said it is natural for India to hold its 1st overseas start up event in the Silicon Valley.
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energy is India's binding supply-side constraint for inclusive growth.
'It won't help being complacent about the momentum and valuations of equities that currently exist.'
Eleven start-ups completed a programme launched by Gennext Ventures.
The problems facing India and its economy are far too severe and deep to be fixed in 100 days, and an excessive focus on the first 100 days might have indicated that the government had failed to understand that.
General Pande said the northern border region has been peaceful and steps have been taken to maintain peace through established protocol and existing mechanism.
The pressure on India to take a hostile attitude towards Russia and China was not subtle, but it was guarded, observes Ambassador T P Sreenivasan after Monday's 2+2 ministerial meeting in Washington, DC.
Here's the full text of address to the nation by President Droupadi Murmu on the eve of the Republic Day 2023.
With $120 billion worth of deals, 2018 was the best year on record. Many also blame frequent policy flip-flops and increasing tax scrutiny as big dampners for business.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Drones are being sold by e-retailers like Flipkart and Snapdeal for less than Rs 40,000 apiece.
'The world needs India because it needs a voice that speaks of peace, non-violence and peaceful coexistence.' 'This vision and voice, this attitude and belief are what India has stood for over the last twenty millennia,' Vice President Venkaiah Naidu tells trainee diplomats.
Aiming to enhance quality of life while conserving the planet, Fourth Partner has ventured into the disruptive sector of solar power
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Swati Kulkarni, executive vice-president and fund manager - equities at UTI Mutual Fund tells Puneet Wadhwa that though mid-and small-cap companies are trading at a higher valuation as compared to large-cap peers, one can still find value in select pockets.
Investors still seem to have a disinflation bias to their thinking.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
Kolkata-based business tycoon Sanjiv Goenka's RP-SG Group claimed the Lucknow franchise for a whopping Rs 7090 crore, while international equity investment firm CVC Capital won the bid for Ahmedabad with a Rs 5600 crore offer.
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported a 12 per cent rise in December quarter net profit on improving oil-to-chemical business, strong continued momentum in retail and steady telecom unit Jio.
In a bull-case scenario it sees the Sensex at 61,000 levels, while it's bear case scenario pegs the Sensex at 41,000 levels by December 2021.
"As Prime Minister (Narendra) Modi said in his latest campaign, 'Modi hai to mumkin hai,' or 'Modi makes it possible', I'm looking forward to exploring what's possible between our people," Pompeo said in his major India policy speech at the India Ideas Summit of US-India Business Council on Wednesday.
The Reserve Bank remains laser-focused to bring back retail inflation to 4 per cent over a period of time in a non-disruptive manner, Governor Shaktikanta Das stressed while voting for status quo in interest rates, as per minutes of the October policy meeting released on Friday. The central bank has been mandated by the government to ensure the Consumer Price Index (CPI) based inflation is at 4 per cent, with a band of 2 per cent on either side. The retail inflation, which was above 6 per cent during May and June, has started moving down and stood at 4.35 per cent in September.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Nikunj Saraf, Vice President Choice Wealth, will answers your queries.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.