Buoyed by tremendous consumer response and with banking on its huge roll-out plan, Anil Dhirubhai Ambani Group's brokerage and distribution arm Reliance Money expects to break-even by the end of the current fiscal.
'The clubbing of policy announcements in the Budget speech creates policy surprises.' 'Economic actors dislike policy surprises because they throw their plans off track,' points out Alok Tiwari.
A spiralling inflation is likely to force the Reserve Bank of India to up the Cash Reserve Ratio by 0.75 per cent in FY 09, along with a 1 per cent hike in repo and reverse repo rates, global financial services major, StanChart said.
In a statement, the CBDT, which is the apex policy making body for direct tax policies, said it has never asked IRS Association or these officers to prepare such a report and no permission was sought by them before making the report public. 'It is unequivocally stated that CBDT never asked IRS Association or these officers to prepare such a report.
The G20 has cited India among other countries for launch of major investment initiatives and for having a sustainable growth.
The CFO will formulate the accounting policy of the bank, maintain the internal accounts and report financial results, and carry out corporate strategy functions like PF policies.
Though the outcome of the general elections will offer a short-term boost to the market, a sustained rally will be determined by the economic data, according to a JP Morgan Asset Management report.
FM should avoid proposals such as to tax financial transactions and fringe benefits
Kumaraswamy met representatives of farmers groups and progressive peasants to discuss the problems faced by them.
'The government is unwilling or unable to provide the kind of relief that Vodafone India is asking for.'
We are much better placed than in 2013 with our overall fundamentals much stronger - higher foreign exchange reserves, a more favourable growth-inflation mix and an institutional framework for targeting inflation, says B Prasanna.
The company has launched only 3 new products during 2015 when compared to 14 launches in 2014
The Senate said that Pakistan should show that its taking demonstrable steps against the dreaded Haqqani Network terror outfit.
The increase in production will be from the existing mines.
Stick to export-focussed plays, large-caps, say analysts
Finance Minister Arun Jaitley said the actual spending under the scheme in the fiscal year ending March 31 "would be highest".
The central bank tweaked the retail inflation range to 4.8-4.9 per cent in the first half of 2018-19, and 4.7 per cent in the second half.
The US will not be delivering military equipment or transfer security-related funds to Pakistan unless it is required by law.
Mistry is presently also the chairman of loss-making Forbes & Company Ltd listed on the Bombay Stock Exchange.
Chief Economic Advisor Arvind Subramanian spoke on a wide range of issues -- from GDP growth and fiscal consolidation to job creation and GST.
Banerjee, who had been demanding a waiver of interest on the state's debts for a period of three years, said even a year's moratorium on repayment of interests on central loans would enable the state to create 10 lakh (1 million) jobs.
Nudging the RBI to cut interest rates to boost growth, Finance Minister Arun Jaitley on Sunday said he had already made his mind clear and hoped the central bank will take decision after taking into account various factors.
Electricity generation has outperformed the industrial production index for five months in a row this financial year, even as the broader economy is struggling to grow.
The government has set a total revenue target of Rs 40,874.5 crore (Rs 408.74 billion) this fiscal from spectrum, including auction amount, one-time spectrum charge and annual regular licence fee.
'Article 15 is not the work of a hack, or of someone merely scooping a plot out of newspaper headlines.' 'It is a well-researched, clear-headed movie; but its findings have a purpose,' says Sreehari Nair.
The US budget proposals unveiled by President George W Bush includes $564 million in aid for South Asia, the bulk of it for Pakistan and Afghanistan and a comparatively miniscule amount for India.
With Raghuram Rajan not 'really there', the FinMin has decided to keep a watch on market developments this week with all key officials on the job.
In the concluding part of the series, Y V Reddy, argues that the proposal strikes at the functioning of federalism and the basic structure of the Constitution, which has served us well so far.
India Inc on Friday said Prime Minister Manmohan Singh's assertion that the government will not impose capital controls, although reassuring to investors, must be supplemented with tough reform measures.
Alleging that people's confidence has been shaken due to the economic mismanagement by the UPA government, a Trinamool Congress MP on Wednesday said it was worrisome that the rupee slid further after passage of the food security bill.
The launch of premium devices from OnePlus and Samsung in the second half of Apple's reporting period added to Apple's woes.
Investors may increase exposure to mid and small-cap stocks as their risk-reward profile is more attractive currently, suggest Nitin Singh and Vinay Joseph.
There is a link between objectives and commitments.
Foreign exchange reserves of the oil producers have increased by $1.1 trillion over the past decade.
The main responsibility for producing the Budget rests with the Budget Division of the Department of Economic Affairs in the finance ministry
One crucial revenue source that can help the government achieve its fiscal-deficit target is the proceeds from the sale of its stakes in public sector companies.
He said countries should work for promoting open and inclusive cooperation for win-win outcomes.
The market breadth ended weak on the BSE with 2,086 shares declining and 893 shares advancing.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances